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Tangoe Rates “Strong Positive” in 2006 MarketScope: Telecom Expense Management (TEM) Research

Posted on: November 6, 2006
Release date: 11/6/2006
ORANGE, Conn., Nov. 7, 2006—Tangoe, Inc., the leading globalprovider of enterprise telecommunications expense management (TEM)software and services, today announced that it received a “StrongPositive” rating in leading independent analyst firm Gartner’sMarketScope for Telecom Expense Management, 2H06. Gartner estimatesthat the TEM market will generate revenue from software and IT servicesof just over $400 million in 2006. According to Gartner the market willgrow at a compound annual rate of almost 40% from 2006 to 2010,reaching $1.5 billion in 2010.The vendors identified for the TEM MarketScope were chosen byGartner from a base of over 100 companies servicing North America .Evaluation criteria included business model, customer experience,product/service, scope of offering (wireline, voice and data, mobile),and overall viability including organizational and financial health.“We believe Tangoe’s rating as a strong positive is attributed to theunderlying automation technology and domain expertise that drivesolutions that well managed companies seek,” said Al Subbloie, TangoeCEO and president. “We are honored to have earned Gartner’s highestrating possible, which we feel is a testament to not just our uniqueholistic approach to TEM, but also the hard work of our people andtheir commitment to our customers’ success. It is these abilities andattributes that enable businesses around the world to extract optimumvalue from their investment in Tangoe’s communications expensemanagement software and services.”

According to Gartner, companies who receive a MarketScope “StrongPositive” rating demonstrate that they are a solid provider ofstrategic products, services, or solutions. Existing customers shouldcontinue investment and potential customers should consider this vendora strong strategic choice.

The complete MarketScope forTelecom Expense Management, authored by Eric Goodness and PhillipRedman at Gartner can be viewed at www.gartner.com.

About MarketScope
The MarketScope is copyrighted October 27, 2006 by Gartner,Inc. and is reused with permission. The MarketScope is an evaluation ofa marketplace at and for a specific time period. It depicts Gartner’sanalysis of how certain vendors measure against criteria for thatmarketplace, as defined by Gartner. Gartner does not endorse anyvendor, product or service depicted in the MarketScope, and does notadvise technology users to select only those vendors with the highestrating. Gartner disclaims all warranties, express or implied, withrespect to this research, including any warranties of merchantabilityor fitness for a particular purpose.

About Tangoe
Tangoe, Inc., the global leader in Telecom Expense Management(TEM) solutions, delivers software products and consulting servicesthat enable organizations to better understand, manage, and controltheir enterprise-wide voice, data, and wireless telecommunicationsservices and their costs. Tangoe’s flagship software product, theCommunications Management Platform (CMP), provides a patentedtechnology foundation that enables dramatic cost reductions, whichsignificantly contribute to organizational profitability. Global 2000organizations worldwide depend on Tangoe software and services tooptimize their telecommunications expense management processes. In2006, Tangoe placed at No. 105 on the Inc. 500 list, ranked No. 64 onDeloitte’s Fast 500, and was named the second fastest growingConnecticut technology company in the Deloitte Technology Fast 50.Tangoe is headquartered in Orange, Connecticut and provides solutionsin the United States through direct and partner sales channels, andinternationally through partner sales channels.

Additional information about Tangoe products, services, and partners can be found at tangoe2016.wpengine.com , or requested via e-mail at sales@tangoe.com , or by calling (203) 859.9300.

$35+
Billion

of spend under
management

10+
Million

devices managed
globally

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