TechNavio Announces the Publication of its Report Global Telecom Expense Managem ent Market 20112014 TechNavio today

y launched its report Global Telecom Expense Management Market 201 12014 based on an in-depth study covering the Americas, and the EMEA and APAC reg ions. The report aims to aid decision makers understanding of the significant trends im pacting this market. Commenting on the report, an analyst from TechNavios Telecom team said, A few years ago, several companies were investing in TEM in their nat ional networks to reduce their telecom expenses. But, due to globalization, many companies have acquired a presence in several countries, directly or indirectly . The number of joint ventures and alliances, too, is increasing rapidly. As a r esult companies look out for improved TEM to handle their global network. This h elps global companies to manage their telecom inventory, contracts, and invoices in a centralized manner. According to the report, the major driver for companies to opt for TEM is the re duction in telecom expenses. TEM can help managers reduce mismanagement of telec om bills. Many corporate telecom bills include overcharges due to incorrect in-h ouse and carrier-related mismanagement. TEM services can significantly reduce te lecom costs by helping managers identify and fix common billing errors, such as charges related to unused or disconnected telecom services, including expired ma intenance contracts; and carrier data-entry errors, such as duplicate or incorre ct telecom charges etc. The report also discusses that several companies consider procurement to be a ma jor challenge in this industry. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report c ontains a comprehensive market and vendor landscape in addition to a SWOT analys is of the key players. TechNavio, the market research platform of Infiniti Research Ltd, publishes peri odic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/global-telecom-expense-management-market-201 1-2014 Follow us on Twitter @ Technavio Media Contact: Ludmila Berkesova Program Manager Technavio 8 Wimpole Street W1G 9SP London UK Tel: 0044 207 637 2456 Fax: 0044 845 280 2825 ludmila@technavio.com http://www.technavio.com