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00M-654 exam Dumps Source : IBM Emptoris Telecom Expense Management Sales Mastery Test v1
Test Code : 00M-654
Test designation : IBM Emptoris Telecom Expense Management Sales Mastery Test v1
Vendor designation : IBM
: 39 real Questions
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IBM IBM Emptoris Telecom Expense
ORANGE, Conn.--(enterprise WIRE)--Tangoe, Inc. (NASDAQ: TNGO), a number one global provider of Connection Lifecycle management (CLM) software and connected services, announced that it has signed a definitive asset buy constrict to purchase IBM’s Emptoris Rivermine Telecom rate administration business. The transaction is expected to proximate on may additionally 31, 2015.
IBM’s Rivermine TEM enterprise includes complete fixed and cellular telecom rate management application and linked features, as well as a worldwide blue chip consumer base. The company matches mainly smartly inside the core of Tangoe’s broader Matrix retort suite, which helps customers activate, song, manipulate, comfortable, and support their IT assets, rate, and usage together with mobile, mounted, computing device-to-machine, cloud utility and features, industry social, and IT. They accord with that there are many odds synergies from this acquisition that can too breathe realized over the next 6-one year. Following the predicted shut of the acquisition, the IBM Rivermine TEM customers will breathe in a position to capitalize from the combined business’s international presence, a reinforced relationship between Tangoe and IBM, and Tangoe’s large investment in expertise to aid this essential market.
“we are very excited to announce their constrict to purchase IBM’s Rivermine TEM enterprise, together with its incredibly professional world personnel and blue chip consumer base,” preeminent Al Subbloie, president and CEO of Tangoe. “We discern colossal expertise for this transaction to obtain stronger their long-time company relationship with IBM and deliver increased cost to their clients in the short and long race by the expend of their scale and comprehensive provider capabilities, most suitable practices, world presence, and their broader IT rate administration retort portfolio. They are expecting that the combination will additionally obtain us extra competitive in federal government activities, because of the the fresh enlargement via the IBM Rivermine TEM company.”
long run, they are expecting that this acquisition will prolong incremental cost to the Rivermine TEM customer basis via Tangoe’s broader Matrix retort portfolio and via delivering visibility and control for his or her other IT charges including cloud, IT, and M2M, to support them reduce prices, expand operational effectivity, and enhance productivity, releasing them to focal point on the transformative elements of their IT.
Tangoe (NASDAQ:TNGO) is a number one world issuer of Connection Lifecycle management utility and capabilities to a wide sweep of international organisations and repair suppliers. The company's Connection Lifecycle management platform, Matrix, is an on-demand suite of software and functions designed to switch on, tune, manipulate, comfortable, and assist quite a lot of connections in an commercial enterprise's connection lifecycle, including mobile, fastened, laptop-to-computer, cloud application and functions, industry social, and IT connections. additional info about Tangoe can breathe discovered at www.tangoe.com.
Tangoe is a registered trademark of Tangoe, Inc.
This press unencumber carries forward-searching statements that contain huge hazards and uncertainties. sum statements, apart from statements of historic information, included in this press unlock regarding their strategy, future operations, future monetary position, future profits, projected expenses, possibilities, plans, and goals of administration are ahead-looking statements. The words "expect," "accept as accurate with," "estimate," "are expecting," "intend," "may additionally," "plan," "would," "goal," and identical expressions are intended to identify ahead-searching statements, although not sum forward-looking statements comprehend these identifying phrases. These ahead-searching statements encompass, amongst other things, statements about their predicted acquisition of IBM’s Rivermine Telecom cost management company, which is discipline to the pride of certain circumstances to closing, and benefits that can breathe realized from such acquisition. They might too now not basically obtain the expectations disclosed in their forward-looking statements, and you may quiet now not vicinity undue reliance on their forward-searching statements. precise results or hobbies may disagree materially from the expectations disclosed within the ahead-searching statements they make. more tips about capabilities components that may possess an sequel on their company and monetary consequences is contained in their Annual document on kindly 10-okay as filed with the Securities and change fee on March 16, 2015. more information will too breathe set forth in their future quarterly reviews on configuration 10-Q, annual reports on configuration 10-k and different filings that they obtain with the Securities and exchange fee. They don't intend, and undertake no obligation, to unlock publicly any updates or revisions to any ahead-looking statements contained herein.
supply: Emptoris, Inc.
January 06, 2011 04:00 ET
Strategic Acquisition Expands global 1000 client Base, accomplice Footprint and solution Suite; Addresses critical, transforming into class of Telecom expend for global 1000 corporations
BURLINGTON, MA and FAIRFAX, VA--(Marketwire - January 6, 2011) - Emptoris, Inc. ("Emptoris"), a leading issuer of strategic give management and industry constrict administration solutions, today announced its acquisition of Rivermine, Inc. ("Rivermine"), one of the crucial market's main Telecom charge management (TEM) retort providers. With the acquisition, Emptoris expands its award-winning solution suite, adds a portfolio of latest international 1000 organizations to its client base, and raises its footprint with key strategic partners.
"A core charge proposition of Emptoris is its skill to assist international a thousand businesses tackle high-value, however difficult expend categories in a way that gives you meaningful bottom-line affect. an everyday grievance heard from CFOs and CPOs is that their ERP programs are not basically designed to exploit these vital expend classes such as transportation, contingent labor and services. The acquisition of Rivermine strengthens and extends Emptoris' value proposition and competitive positioning by featuring proven cost management expertise in a gigantic features expend category," pointed out Patrick D. Quirk, president and chief government officer of Emptoris.
Rivermine - A Market main retort for Telecom fee management Rivermine, now a division of Emptoris, is a leading provider of TEM solutions that permit companies to profit visibility into, and manage over, their telecom expend and lifecycle administration together with ordering, inventory, bill processing and auditing, as well as instant rate administration, mobile gadget administration, reporting and analytics. The enterprise's success is rooted in its superior and wealthy utility feature set, in addition to its domain abilities in navigating the tangled billing methods of world telecommunication agencies. customers -- together with Chubb assurance, Ford Motor business, Fannie Mae, IKON office options and Sodexo -- control greater than $6 billion in communications spending yearly the usage of Rivermine options. Rivermine has been ranked a 'leader' within the 2010 Gartner Magic Quadrant for Telecom rate management. Their market-management is extra reflected in a four-yr income boom expense of four hundred%, extremely elevated consumer renewal costs and powerful routine revenues.
Telecom Spending - a world 1000 precedence, Yet tangled to manage corporations expend greater than $1 trillion yearly on enterprise telecom technologies and functions. With the ever expanding expend of cellular contraptions and the internet, telecom spending has circle into probably the most huge areas of spending for world 1000 businesses, registering as one of the most precise 5 corporate expend classes for most organizations. it is too one of the vital poorly managed areas of spend, in allotment because of the complicated billing techniques used by some telecom suppliers, seller administration challenges, and a improved need for inside governance and compliance. The Aberdeen neighborhood estimates that the measure Fortune 500 enterprise spends more than $115 million per 12 months on telecom prices -- and Gartner experiences that these charges can breathe predictably reduced by means of 10% to 35% with Telecom rate management solutions. As such, Telecom fee administration has circle into a key goal for development by CFOs, CIOs and CPOs at international agencies. in line with leading analyst firms, businesses will expend an estimated $5.6 billion in 2011 on software and functions to resolve e-procurement and telecommunications administration challenges.
Addressing excessive-price, difficult expend classes ERP and e-procurement methods fail to handle the sourcing, constrict administration and compliance for high-price, but difficult expend categories comparable to telecommunications, transportation, commute, contingent labor and capabilities. youngsters, a significant percentage of a worldwide one thousand business's procurement spending is typically committed to capabilities spending in these classes. Emptoris is the best retort provider with a imaginative and prescient to present global a thousand businesses the added capabilities vital to tackle and drive superior discounts in dozens of those Important expend classes.
"The acquisition of Rivermine extra offers Emptoris entrée into international corporations who certainly breathe mindful the bottom-line possess an sequel on of making expend of know-how to handle key expend categories," spoke of ticket Logan, chief government officer of Rivermine. "we're very excited to breathe a allotment of the Emptoris household and account the mixture of their organizations will dramatically reshape the TEM market, growing the industry's first TEM offering as allotment of a broader expend management suite -- and some of the business's most huge world footprints and assist networks."
a higher, extra competitive Emptoris "This acquisition is more than just a know-how acquisition, it's the extra achievement of their vision to tackle excessive-cost, challenging expend categories. there is gigantic cost carried out in increasing their consumer basis and their associate footprint, and in supplying delivered capabilities to their world 1000 shoppers. The sum of these components will support gas their revenue expand and create a more robust, extra competitive Emptoris in a market it is rapidly turning out to breathe and consolidating," commented Patrick D. Quirk.
With the acquisition of Rivermine, Emptoris now has an increased suite with six strategic solutions, greater than 300 global one thousand purchasers, over 650 personnel globally, and combined projected annual growth in extra of 20%. each Emptoris and Rivermine even possess premier accomplice relationships with the main management consulting corporations together with Accenture, Deloitte and IBM.
Emptoris' majority shareholder and capital partner, Marlin equity partners, which has over $1 billion of capital under management, funded the Rivermine acquisition as a allotment of its contrivance to precipitate up Emptoris' strategic growth. "Marlin remains concentrated on furthering Emptoris' biological and strategic increase. The acquisition of Rivermine is a flawless strategic happy for Emptoris, and they are able to continue to breathe opportunistic in deciding upon and developing future opportunities to add value for Emptoris' shoppers and their traders," spoke of Nick Kaiser, accomplice of Marlin equity companions.
Rivermine's employees possess joined the Emptoris team valuable December 24, 2010. ticket Logan continues to breathe with the company as president of the Rivermine division. The fiscal phrases of the acquisition were not disclosed. For further tips on Emptoris, delight argue with www.emptoris.com.
About Rivermine Rivermine is a number one issuer of computerized, award-winning options that enable corporations to profit visibility into, and control over, their wireline and instant telecom spend. tons of of organizations -- including many Fortune a thousand enterprises and large government companies -- possess selected Rivermine to optimize their unprejudiced telecom environments and dramatically slice back costs. Rivermine at the flash manages over $6 billion in annual telecom expend globally. The enterprise's patent-pending Telecom charge management (TEM) solutions automate the entire telecom lifecycle together with ordering, stock administration, bill processing and auditing, wireless fee administration, cellular gadget administration, and reporting/analytics. For further suggestions, consult with www.rivermine.com.
About Emptoris Emptoris is a world chief in strategic give and industry constrict administration utility options that empower corporations to know most effectual charge and accelerate profitable boom. Emptoris options are used via a success international one thousand businesses in every business. Emptoris purchasers consist of American specific, Boeing, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, Syngenta and Vodafone. For additional counsel, talk over with www.emptoris.com.
No influence found, are attempting original key phrase!The enterprise has additionally announced or not it's buying IBM's Emptoris Rivermine telecom rate administration (TEM) application industry for an undisclosed sum. Tangoe announces Emptoris has a "international blue chip customer ...