Tangoe: Technology Expense & Lifecycle Management
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ITEM SURVEY SAYS MANAGED SOLUTIONS ARE SUPERIOR TO IN-HOUSE PROGRAMS – HERE’S WHY

When it comes to managing IT expenses a do-it-yourself approach isn’t the wisest strategy, according to a new study of 500 IT and finance leaders. Research from Vanson Bourne reveals why managed ITEM solutions deliver more value.
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MORE VALUE IN MANAGED ITEM SOLUTIONS

Significant Savings

5X

Cheaper
A fully managed ITEM solution is about five times less expensive than taking a hybrid approach, which combines an in-house program with a managed solution.
The Cost Difference Explained
  • Automation drives efficiency
  • Lower overhead expenses
  • Higher savings offset service costs

$10M+

In IT Cost Savings
Organizations using managed ITEM solutions to reduce their cloud, mobile, and telecom spending realize an annual savings of $10.5M on average.
Common Sources of Savings
  • Accurate inventories reveal more savings
  • Efficient service utilization reduces spending
  • Audits pinpoint overspending and take action

Faster Results

0 %
Get Insights and
Savings Faster
Those using a managed ITEM solution realize business insights and cost savings sooner.
Sample of Business Insights
  • Visibility into assets, all-in costs, and spending trends
  • Ways to remove waste and improve service utilization
  • Billing errors, overcharges, and credits due

1 Month

Average Time-to-Value
While 81% of managed ITEM solutions deliver results within the first month, only 66% of in-house programs do the same.
How Providers Accelerate Results
  • Integration facilitates data visibility
  • AI speeds analysis and recommendations
  • Services act on savings opportunities

Percentage of respondents recognizing value from their organization's ITEM within a month

Third-Party Solution
0 %
Cloud Software
0 %
In-House Program
0 %

Advanced FinOps Capabilities

0 %
More Mature FinOps Programs
Those using a managed ITEM solution also have a more mature FinOps program.
Hallmarks of FinOps Maturity
  • Dedicated FinOps practice
  • Fully deployed FinOps program
  • Progression through 3 FinOps phases
0 %
Lower Spending
on Cloud
When FinOps programs are in place, companies spend 20% less on cloud infrastructure and 28% less on cloud software.
Sources of Cloud Savings
  • SaaS: Reducing redundant apps
  • SaaS: Reallocating unused licenses
  • IaaS: Using discounts and service pausing
  • IaaS: Recapturing unused instances

Average 2024 Cloud Budget in Millions

Cloud software
0
0
Cloud infrastructure
0
0
  • Without FinOps
  • With FinOps

The Tangoe One Difference

0 %

of Tangoe’s Clients See Results in 1 Month

Faster Results at a Lower Cost:
The True Value of an IT Expense Management Solution

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