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Jan11
Telecom Expense Management Innovator Ezwim Reports Record International Growth
Filed under: Talk Talk; Tagged as: Expense, Ezwim, Growth, Innovator, International, Management, Record, reports, TelecomNo CommentsGrowing interest of international organizations to reduce costs in today’s economic climate fuels Ezwim’s strong growth and increasing momentum. Caused by a Worldwide Tendency to Reduce Telecom Costs Ezwim, a leading Software-as-a-Service (SaaS) provider for Telecom Management Services to operators and enterprises, today reported results for the 1st half of 2008. The Monthly Recurring Revenue (MRR) has grown 22 percent in the first half of 2008. Ezwim expects MRR to grow over 50 percent for the full year 2008. Ezwim also enjoyed its 10th consecutive quarter of double digit net earnings. Ezwim points to the releases of its MNC Portal and Telecom Service Management (TSM) services and adoption of the SaaS model within large enterprises as key growth drivers. Resulting in an increase of international revenues by 39 percent compared to the first half of 2007 and 17 contract signings. “Our performance reflects a growing interest in services to optimize telecom expense management internationally”, commented Ron van Valkengoed, CEO of Ezwim. “International organizations want to centrally view and analyze their mobile and fixed communications spending around the world. In today’s economic climate, companies need to boost operational efficiencies and reduce costs. Ezwim’s strategic decision to launch the MNC Portal; the multi-country and multi-currency telecom administration was received with overwhelming market acceptance.” Ezwim, a global leader in Telecom Management, provides telecom expense management and Telecom Service Management software to enterprises and operators. Ezwim’s software enable global organisations to gain visibility into, and control over, the mobile and fixed communications assets and costs. This can cause then process efficiencies and dramatic telecom cost reductions.
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Dec14No Comments
In today’s world proper Telecom expense management has its own importance. Competition that is prevailing in today’s market is so severe that even small sums of money matter for enterprises. This is the reason why both small and large enterprises and organizations try to hire the best Telecom expense management service provider at their own level. Some of the companies get very good results and feel proud on this decision later on. After all nothing matters more for them in front of profit making. If they can successfully bring down their Telecom expense to a considerable sum then they can use the savings for other investments. But this is not what we will discuss in this article. Here, we will try to discuss the other side of the coin. What will you do if you fail to get a quality and reliable service provider? Although you will have the option of changing your expense management service provider but chances are there that you may suffer considerable losses for some months. Perhaps you will not suffer losses and some amount will come to your saving’s account with the help of your current Telecom expense management service provider. But what if you can save more amounts with any other service provider. It is very important for you to stay cost effective! If the results are not as good as what you expected then also you can change your service provider. But now the question still remains the same, how can you accomplish the quest of getting the best Telecom expense management service provider in the most effective manner. You need to search for a company that can easily understand your needs and can match-up with all your requirements in a very convenient manner. If you are really eager to deal with such a type of company then it is advisable to go with Ezwim’s Telecom expense management services. YES, this company will for sure become the ideal choice for you. This is a company which is a veteran in the field of Telecom expense management and operator services. It offers numerous features to its customers that include telecom administration, tax compliance, cost allocation, convenient self service, telecom usage and spending, telecom cost savings, calculation of monthly savings, etc. When it comes to operator services then also it is an outstanding choice for the organizations and enterprises. Here, some of the standard services offered by this company include powerful billing, reporting of data and analyzing of services for operators. It is an undeniable fact that Ezwim is the most smart and efficient service provider between those that are currently available in market. This is the reason why the numbers of customers that are willing to use the services of this company are increasing day by day. Some of the strong points which makes this company the best Telecom expense management service provider in the market are as follows: 4. Experience: this is a company that after many projects for many big international clients in the telecom market has now the capability to understand the requirements of clients instantly. 5. Cost effective: it is not only a reasonable service provider but also reduces your telecom bill to a considerable amount. 6. Instant response: you will get the definite solution to your problem or query in an instant fashion. You can easily have the insight of how telecom is used in your organization. 7. Vast number of options: besides, Telecom expense management it is also capable of offering numerous other services as per prerequisite of customers.
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Dec12No Comments
Reston, Virginia – Enterprise businesses are more than ever seeking outside expert help to ensure they are properly managing their telecom and IT networks. The rationale for seeking outside help is as simple as the solution is complicated. Effective leaders know that they and their teams cannot be all things to all people. To strive for such a goal is an exercise in futility and a sure fire way to reap poor results and incur excessive costs. It’s well understood that you must leverage your greatest strengths and minimize your liabilities to the greatest extent possible, in order to vigorously compete in the global marketplace, have expectations for success and still have peace of mind enough to pursue a social life.
Fortunately for most communications network operations executives, they get it right. The solution: keep the competent and the willing on their existing internal telecom / IT network team and partner them with outside Telecom Expense Management (TEM) expertise capable of delivering a high-performing and operationally sound network at competitive market pricing. This pragmatic approach allows companies to retain the proper internal talent and control needed to effectively work with and manage the relationship with their chosen outside TEM provider, while still extracting the priceless niche expertise provided by the TEM provider.
The stakes are high today and the choice of forgoing outside TEM help is often tantamount to driving your car fast through the fog or driving it for years on end without professional servicing. You may get away with it for a while, but it will catch up with you eventually. And when it does, you will wish you had made the proactive TEM choice as opposed to the reactive one of embracing complacency until an emergency dictates otherwise. The former choice is the responsible one and always the cheaper one in the long run.
Because of these realities, the TEM industry has exploded in the past few years. Gartner reports that there are now over 100+ TEM firms offering their assistance to companies all along the enterprise spectrum, from companies with revenues of a few million to Fortune 50 giants. And the future looks bright for TEM providers, as the TEM arena is estimated to grow at an annual compounded rate greater than 30% through 2010, at which point it’s estimated to total $1.5 billion.
What exactly is Telecom Expense Management (TEM)?
Although definitions may vary between firms depending upon their focus and point of view, Telecom Expense Management (TEM) is generally defined as the discipline of effectively managing a communications network to achieve desired levels of service delivery / quality of service (QOS), while keeping costs contained to levels at or – even better – below current market levels.
“For us, it’s fairly straightforward,” says Source Loop’s Managing Director & Founding Principal Chris Lee, “We help companies realize maximum telecom cost savings and increase their Return on Investment (ROI), while ensuring improved operational and network performance. “ That’s certainly the result outsourcers are looking for, but how do you achieve these results, is a question many potential TEM clients will be interested in.
According to Chris, “Source Loop drives telecom costs and network performance to optimal levels through our holistic Telecom Life Cycle Approach. Source Loop is a full service TEM, so our offerings include Auditing, Cost Avoidance / Telecom Cost Elimination (TCE), Rate Benchmarking, Network Optimization, Network Assessments and our TEM practice embraces an Industry Best Practices standard that we apply to all our TEM processes. Specifically, processes involving Invoice Management, Payments, Reporting, Budgeting, Cost Allocations, Order & Inventory, Vendor Management, Technology Alternatives, Contract Negotiations etcetera. Our clients essentially become our partners; we focus on their TEM needs so they can focus on their core business. Our TEM approach is proactive, integrated and committed to providing innovative best-in-class network solutions to our clients. Our TEM clients have averaged over $1M in realized savings.”
What exactly is Managed Sourcing?
If a solid TEM practice is essential to a healthy network, especially on a recurring basis, then Managed Sourcing acts as the spearhead at the vanguard of effective Telecom Expense Management. Managed Sourcing may generally be defined as the systematic procurement of telecom services at competitive rates. According to Source Loop Managing Director & Principal Daren Moore, “A good sourcing practice is arguably the best way to save on Telecom Network costs, since savings are realized up front, before ever leaving the company coffers. Our clients have averaged in excess of 38% realized savings to date.”
From Source Loop’s perspective, Managed Sourcing is critical to controlling and managing your telecom spend, since this is often where the greatest opportunity for network savings is realized. It is perhaps one of the greatest services a competent TEM can provide. Source Loop’s Managed Sourcing practice utilizes its sourcing experience and current market data to evaluate rates for data, LD, voice, local and wireless services; develop and manage the Request For Proposal (RFP) process; and ensure that best of breed terms and conditions are secured from selected vendors. Enterprises would find it difficult, if not impossible, to gauge the current telecommunications market without some form of outside assistance. “When selecting a TEM provider, I would highly recommend that you evaluate the firm’s Sourcing capabilities, as this truly is a powerful driver of network cost savings,” says Daren.
Source Loop’s managed sourcing solution includes: the development of a complete inventory of services; a comprehensive network assessment; full rate and term benchmark comparisons of existing services to best available for comparable spend; RFP development; leads negotiations with vendors; and provides full read-outs and recommendations to clients.
* Source Loop is a privately held (LLC) Telecom Expense Management & IT consulting firm based in Reston VA, with an office in Alpharetta, GA., offering both professional and managed services designed to enable companies to effectively manage their Telecom / IT networks and service providers. Source Loop provides Sourcing, Network and Operational Assessments, Audits and Optimization services. In addition, Source Loop also provides a recurring managed service for all telecom expenses. Source Loop may be reached by phone at 1-866-834-0476 or via website at http://www.sourceloop.com.

