Leading global sourcing advisory and benchmarking firm, Alsbridge, Inc., today announced a new report which identifies trends and management strategies to help IT leaders reduce network services costs.
The cost of an organization's telecommunications network services typically accounts for three to six percent of overhead and can average more than two percent of total revenue. In addition, telecom network services spend is increasing. Industry forecasts predict enterprise businesses' spend on IT and telecom will increase 3.7 percent this year over 2011.“The current level of cost coupled with the anticipated increase makes controlling total network services spend a top-level imperative for all IT leaders, requiring them to scrutinize telecom costs and seek out every option for savings,” said Ben Trowbridge, CEO, Alsbridge Inc. “Over the past 10 years working with hundreds of clients, Alsbridge has learned a thing or two about managing network services spend.”
With network services prices continuing to decline and utilization continuing to increase, IT leaders have to consider and implement sourcing and benchmarking strategies that will help them control telecom costs and ensure effective service. Understanding recent market trends and forecasts is the first step to getting a handle on those costs and service issues. Coupling that understanding with industry-leading insights on how to effectively create a benchmarking and sourcing approach is the winning combination to successfully managing network strategy.
Read full report from Alsbridge, Inc.