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Alsbridge, Inc. Identifies Strategies to Help Reduce Network Services Costs in a Rapidly Changing Environment

06-25-2012 06:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Alsbridge Inc.

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.

Alsbridge provides world class sourcing advisory and benchmarking services for the CIO, CFO and CPO. 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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