Evaluation Based on Completeness of Vision and Ability to Execute;
ORANGE, CT, April 5, 2012 — Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Communications Lifecycle Management (“CLM”) software and related services, today announced it has been positioned by Gartner in the Leaders quadrant of the “Magic Quadrant for Telecom Expense Management,” published in March 2012. The report analyzes 23 providers in the worldwide TEM services market and focuses on third-party services relating to processes for the sourcing, procurement, and auditing functions connected with business communications expenses. All vendors are evaluated and rated on both their ability to execute and their completeness of vision.
The report highlighted that, “For most companies, fixed and mobile communications services are among the top five business expenses, but they often do a poor job of managing processes relating to communications spending. Companies of all sizes can benefit from using telecom expense management (TEM) services to offload noncore activities and optimize related spending.”
“We believe Tangoe’s position in the Leaders quadrant in Gartner’s 2012 Magic Quadrant for Telecom Expense Management is a testament to Tangoe’s ability to provide continuous innovation and expand value-added services for our customers navigating and managing the rapidly changing telecommunications market,” said Al Subbloie, president, CEO, and founder of Tangoe. “We are pleased with this positioning as we continue to provide real solutions to our customers that enable them to realize both short- and long-term value.”
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
The “Gartner Magic Quadrant for Telecom Expense Management” by Eric Goodness and Phillip Redman was published March 29, 2012.
Tangoe (NASDAQ: TNGO) is a leading global provider of Communications Lifecycle Management (CLM) software and services to a wide range of global enterprises. CLM encompasses the entire lifecycle of an enterprise’s communications assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, invoice processing, expense allocation and accounting, and asset decommissioning and disposal. Tangoe’s on-demand Communications Management Platform (CMP) is a suite of software designed to manage and optimize the complex processes and expenses associated with this lifecycle for both fixed and mobile communications assets and services. Tangoe’s customers can also manage their communications assets and services by engaging Tangoe’s client service group.
Additional information about Tangoe can be found at tangoe2016.wpengine.com. Tangoe is a registered trademark of Tangoe, Inc.