Explore Valicom's blog for essential industry insights and updates. Stay informed and empowered with the latest in technology expense management.
There are always more numbers to crunch. In IT, particularly, you always have to weigh the costs of upgrades against expected returns. We always want new tech to pay for itself several times over, but that won’t happen unless upgrades are made with excellent direction. Usually, the biggest problem with new tech is that it is encumbered by old systems. All too often, upgrade plans overlook cabling infrastructure, and that gets expensive.
"The future is now..." "5G ultimate!" "The latest and greatest!" If you've heard any of these statements before, it was likely in a cell phone shop or advertisement. 5G has gained plenty of hype lately for its usefulness, but do the perks cut the mustard? Let's dig in a little further and find out.
The one thing we’ve all been able to learn since the dawn of the internet is that change will remain fast where technology is concerned. Everyone is looking at hot new trends and what to expect for the rest of the year. There’s no reason to exclude enterprise security from the list.
Technology runs the workplace. There’s no escaping it, but allowing technology to run over the workplace is expensive. There are always more devices, tools and apps that feel like they can help. Eventually, you have to focus on reducing your IT spending.
One way a lot of companies achieve that goal is by utilizing shared devices. If one computer can server two employees, it seems like an easy opportunity to save money. If you have shared devices, and virtually every workplace does, you might benefit from a few tips that can improve on that sharing. Here are five.
It’s a frustration we’ve all experienced. A computer, phone or tablet starts getting slow. Sometimes it happens way too soon. Other times we’re trying to hold onto ancient tech because we don’t want to spend money on new stuff. In any case, there are always things we can do before we commit to purchasing hardware. These five tips can help you address performance issues without spending a penny on equipment.
According to a recent Gartner survey, the average reduction of total cost of ownership (TCO) is 13 percent when deploying telecom expense management (TEM). Of the respondents, 40 percent reported a TCO reduction of 10 to 20 percent. 36 percent of the enterprises reported a reduction of 10 percent or less.
Most enterprises would agree that the benefits of TEM are very evident. Some of these advantages include improved business process outcomes, extended scale and geo scope, and better visibility. However, TEM is not without its disadvantages, which include hidden costs and the extra time needed for implementation. In general, customers choose TEM providers based on scalability, TCO reduction, and expected performance. Unfortunately, the disadvantages of TEM cause TCO reduction to be lower than it otherwise would be.
Based on the Gartner report, here is some information about how enterprise TEM challenges drive customer acquisition.
Huawei is a big name in the headlines right now. The Chinese tech company seems to be in hot water over a number of allegations. Whatever the future holds, it’s clear that their international deals are going to suffer for at least a while. Since you’re going to continue to hear about Huawei for some time, maybe it’s worth a little investigation. What exactly went wrong for Huawei, and what can you learn from it?
IT is the lifeblood of modern businesses, but it sure gets expensive. Those expenses come in a number of shapes and sizes, and many of them can sneak up on business owners and operators. One cost that often leads to wide eyes and sore pocketbooks is the raw expense of running cables. The technology doesn’t work without them, but no one enjoys paying for them. These five tips can help you get these costs under control and free up some of your budget.
Redundant lines, carrier overcharges and a myriad of other issues crop up in the course of managing a company's telecom costs. It's one area where there's always money that can be saved if you have the time and manpower to track it down. Many companies don't. Here are a few big-ticket items to keep an eye on if you want to save money, and it won't take you months to realize savings.
With the increasing digitalization of the business world, IT has become an ingrained aspect of every business strategy. As such, it should come as no surprise that the demand for top tech talent is at an all-time high, forcing employers to become more creative and determined in not just recruiting new IT talent, but in also developing and retaining new and existing IT talent. The following is a look at a few key strategies companies can employ to improve their own recruitment and retention numbers:
Software-defined storage (SDS) has been adopted into the infrastructure of today's data centers because it delivers fast, flexible storage while reducing costs. To do so, SDS leverages out-of-the-box hardware and provides optimized storage management.
According to International Data Corporation, the SDS market will grow at a compound rate of 13.5 percent annually through 2021. It's a boon to companies stuck with increasingly complex data storage and management needs, especially with expanding regulatory compliance expected to continue in the coming year.
There’s a good chance you noticed CenturyLink’s big internet outage. It wasn’t a massive news story, but it was still a topic of conversations. Enough businesses in enough locations felt the pain that it was hard to make it through the event unaware. While it might put CenturyLink on the spot a bit, this is a great case study to examine how we plan for internet downtime and derive key lessons that can protect your business in the future.
Crisis is a broad term, and it can apply to too many scenarios. Despite that, the best response to pretty much every problem imaginable is to keep channels of communication open. The best channels will of course depend on the situation, so you want to investigate the integrity of all of them.
You need to have a clear picture of what can and will knock out your email, hard-line internet, cellular connections, cans with strings attached to them and anything else you use to stay in touch within your business and with your clients.
Managing your telecom expenses gives you a clear picture of your voice and data consumption, which is essential to your business operations. With the right expense management system in place, you can gain enhanced control of your communications budget and wasting resources will become a thing of the past.
Telecom expense management (TEM) is a highly-sought-after solution that helps businesses pinpoint their overspending patterns and create both long- and short-term savings. Even though operating a TEM solution in-house is often of the utmost value, a cloud-based TEM solution brings more value to the table.
Running a successful business requires more than the ability to track sales and generated revenue each month. In order to streamline the workflow with your employees while also maximizing productivity, software solutions are extremely beneficial.
Using TEM (Telecom Expense Management) software solution helps to boost productivity while providing advantages over managing the telecommunication bills and data manually and by utilizing manpower in the workplace.
