Telecom Asset Management

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Telecom Expense Management Market Size 2021

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Telecom Expense Management Market Size 2021

The Telecom Expense Management Market, estimated at $1.45 billion in 2019, may reach $1.89 billion by 2027. That represents a compound annual growth rate (CAGR) of 3.65%. Another study, adjusted for the impact of COVID-19, projects a CAGR of 14.5% through 2025.

Telecom Expense Management has become an essential part of the tech stack at companies of all sizes and across most industries. Two transformative trends mostly drive this:

  • Increased need for efficient TEM practices

  • Expansion of business telecom infrastructures

If you need assistance with your telecom expense management, contact the experts at Valicom to tailor a solution for your company.

How to Recover Telecom Costs and Reinvigorate Your 2021 IT Budget

How to Recover Telecom Costs and Reinvigorate Your 2021 IT Budget

Aligning IT investments with the overall strategy of your operations will emerge as a number one priority for many organizations in 2021. Many companies are cutting costs in other areas to enhance their IT infrastructure. Telecom invoices may offer fertile ground for automation and improvement. This can lead to reduced costs in your payment and auditing efforts. Most telecom and network expenses take up to 5% of your enterprise's revenue. Implementing best practices can help you keep this expense at the lower end so that you can reallocate money to innovation projects.

Follow these strategies to recover telecom expense and allocate it where you need it most.

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Valicom's President Reveals TEM Secrets

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Valicom's President Reveals TEM Secrets

We think in-person is much better. Wouldn’t you agree? Here are hot topics in the IT world that are answered by Valicom’s President himself.

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What Businesses Want in an IT Inventory Management System

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What Businesses Want in an IT Inventory Management System

An effective telecom inventory management system provides crucial knowledge on tracking and coordinating your physical assets and contracts. It's an investment that allows you to manage your infrastructure and control costs. In the case of healthcare companies, it can even be a matter of life and death.

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Internet vs. Telecommunication Services: Differences that Matter for Users’ Rights

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Internet vs. Telecommunication Services: Differences that Matter for Users’ Rights

The internet is a global network that provides communication and information options for users. It is made up of interconnected networks that share a set of standard protocols.

Telecommunication (telecom) involves the exchange of information, such as voice, video and data, using electronic devices. It's a wide term that encompasses many technologies like wireless and wired phones, fiber optics, radio, TV, the internet and other means of transmitted communication.

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IT Management Leadership Hacks

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IT Management Leadership Hacks

It's easy to ignore IT asset management (ITAM) when everything is working. Life is good until a key system fails or doesn't pass an audit. Then, there's a mad scramble as management begins firing off questions. Sound familiar? Whether a key server burns out or your company gets a whopping bill from Microsoft or Adobe, take advantage of the opportunity to highlight the importance of implementing an ongoing IT asset management process.

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AMM: What Is Automated Mobility Management?

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AMM: What Is Automated Mobility Management?

Automation can be of the utmost value to mobility management. Using a solid, integrated approach, the automation features and benefits can be enjoyed by users across a variety of platforms and applications regardless of the devices they are using.

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Movement in the Marketplace: Why TEM Interest is Rising

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Movement in the Marketplace: Why TEM Interest is Rising

Gartner recently released a 2017 guide to the market that shows gains in all corners of TEM, as companies are no doubt intrigued by the potential benefits possible through these platforms. Here are some of the most noteworthy insights from Gartner, as well as overall trends in TEM, that interested companies should be aware of when seeking a solution.

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How TEM Maximizes Retail Operations

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How TEM Maximizes Retail Operations

If you are working in retail operations or information technology, you fully understand that your job is never quite complete. As the retail landscape continues to evolve to meet the on-demand needs of your customers, operations optimization continues to top your list of priorities. Managing and directing operations requires an immense amount of organization, and with a tool for almost everything, organization is becoming an automated process.

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