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Tangoe Receives “Strong Positive” Rating in Leading Industry Analyst’s MarketScope for Telecom Expense Management Report

Posted on: July 2, 2009

Release date: 7/2/2009

Communications lifecycle management solution provider continues strong growth momentum in North America and internationally

ORANGE, Conn., July 2, 2009 – Tangoe, Inc., the leading global provider of enterprise communications lifecycle management software and technology-enabled services, today announced that the company has received a “Strong Positive” rating, the highest possible rating given, in the Gartner MarketScope for Telecom Expense Management, published June 22, 2009. The leading analyst firm’s MarketScope report gave the TEM industry an overall market rating of “Promising,” projecting that 2009 and 2010 will be breakout years for the market with continued growth through 2013 both in North America and Western Europe.

The Gartner TEM MarketScope rated TEM solution providers from North America, Europe, Asia/Pacific, and Central/Latin America. Gartner invited 145 vendors to participate in the MarketScope process and chose 45 vendors for rating. Criteria evaluated for each of the companies included: business model, customer experience, innovation, product and/or service offering(s), operations, sales execution/pricing, and overall viability.

As the largest TEM provider—by nearly a factor of two—in terms of revenue as well as expenses and assets under management, Tangoe experienced explosive growth in 2008 and further expanded its comprehensive, global capabilities both in the fixed and wireless areas. With approximately $7.0 billion in client fixed and mobile expenses under management, and more than 1 million mobile devices under management, Tangoe experienced unparalleled growth in its client base in 2008. In addition to its unrivaled client base, the company also provides domestic and international enterprises with the largest technology, managed services, and consulting solutions portfolio in the TEM industry.

“It is an honor to receive a strong positive rating in Gartner’s latest TEM MarketScope,” said Tangoe president and CEO, Al Subbloie. “We believe this rating underscores Tangoe’s ability to innovate and lead the TEM industry in the face of a continuously changing telecom landscape. Despite economic uncertainty, we have remained focused on delivering services and solutions that consistently deliver exceptional value to our domestic and international clients and our value-added partners. Our focus on client success, along with our ability to uniquely address all of the challenges companies face in managing their global fixed and mobile telecommunications, has fueled our rapid growth and widespread marketplace adoption. This focus on solution innovation, service delivery, and exceptional client results will remain the tenants that drive our continued future success.”

The complete “MarketScope for Telecom Expense Management” report, authored by Eric Goodness, Phillip Redman, Elia San Miguel, and Lisa Unden at Gartner and published on June 22, 2009, can be viewed by visiting Tangoe’s website at tangoe2016.wpengine.com.

About Tangoe
Tangoe, Inc., the global leader in communications lifecycle management solutions, provides software, consulting, and technology-enabled managed services that help global organizations procure, manage and control their fixed and mobile communications assets and their associated costs. Tangoe’s award-winning solutions enable dramatic cost reductions and productivity improvements that significantly contribute to enterprise profitability. Consistently ranked as one of the fastest growing technology companies in the United States, Tangoe has operational centers in Connecticut, Massachusetts, New Jersey, New York and Texas. Tangoe provides solutions in North America through direct and partner sales channels, and internationally through a global network of certified business partners.

Additional information about Tangoe, its CommCare services, patented technologies, and business partners can be found at tangoe2016.wpengine.com, or requested via e-mail at sales@tangoe.com, or by calling 1.203.859.9300.

Tangoe is a registered trademark and CommCare is a trademark of Tangoe, Inc.

About the MarketScope

The MarketScope is copyrighted June 22, 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

$38+
Billion

of spend under
management

7.5+
Million

devices managed
globally

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