Understanding recent market trends and forecasts, together with sourcing and benchmarking strategies is the first step to getting a handle on the increasing network costs and services issues, according to Alsbridge Inc., a benchmarking, sourcing and transformation advisory firm. Alsbridge has released a report- Cut Network Costs in Rapidly Changing Environment– in which it shares insights for organizations on effective strategies to manage their network costs in the ever evolving environment.
The cost of an organization’s telecommunications services (voice, data and wireless), typically accounts for three to six percent of overhead, and can average more than two percent of total revenue. In addition, telecommunications services spend is increasing. To help IT leaders rein in runaway network costs, the report discusses in detail the market trends and price management strategies including:
- Network Cost Management Strategies
- Contract Management Strategies
- Provider Management Strategies
Chip Wagner, CEO at Alsbridge says, “The high level of network costs coupled with the anticipated increase makes controlling total network spend a top-level imperative for all IT leaders, requiring them to scrutinize telecom costs and seek out every option for savings.”
With network services pricing continuing to decline and utilization continuing to increase, IT leaders have to consider and implement sourcing and benchmarking strategies that will help them control network costs and ensure effective service. Understanding recent market trends and forecasts, coupled with industry-leading insights on how to effectively create a benchmarking and sourcing approach is the winning combination to successfully managing your network strategy.
To know more about effectively managing your network costs in this constantly evolving environment, download the complete report Cut Network Costs in Rapidly Changing Environment.
About Alsbridge Inc.
Alsbridge is a global consulting firm that provides data-driven sourcing advisory and benchmarking services for IT, Finance and Sourcing executives. We’ve helped hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your vendors. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, hardware and maintenance, network services, software and maintenance, application support and development, business processes and cloud services. Alsbridge was ranked the #1 outsourcing advisor in the world by the International Association of Outsourcing Professionals (IAOP) based on the value delivered to clients. This commitment to delivering value to our clients has made Alsbridge a distinguished member of the 2010 Inc. 500 fastest growing privately held companies in America.
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