IBM IBM Emptoris Telecom Expense

Tangoe declares settlement to acquire IBM’s Rivermine TEM business | killexams.com Real Questions and Pass4sure dumps

ORANGE, Conn.--(business WIRE)--Tangoe, Inc. (NASDAQ: TNGO), a leading global issuer of Connection Lifecycle administration (CLM) software and related capabilities, introduced that it has signed a definitive asset buy contract to acquire IBM’s Emptoris Rivermine Telecom price management company. The transaction is anticipated to close on may also 31, 2015.

IBM’s Rivermine TEM business includes complete fastened and mobile telecom cost management software and connected features, as well as a global blue chip customer base. The company suits especially neatly within the core of Tangoe’s broader Matrix answer suite, which helps valued clientele switch on, song, manipulate, secure, and aid their IT assets, expense, and utilization including cellular, mounted, laptop-to-computer, cloud application and functions, enterprise social, and IT. We accept as true with that there are many expertise synergies from this acquisition that can be realized over the subsequent 6-12 months. Following the expected close of the acquisition, the IBM Rivermine TEM clients could be in a position to advantage from the combined company’s international presence, a strengthened relationship between Tangoe and IBM, and Tangoe’s colossal funding in expertise to guide this essential market.

“we are very excited to announce our agreement to acquire IBM’s Rivermine TEM enterprise, together with its incredibly professional international group of workers and blue chip customer base,” mentioned Al Subbloie, president and CEO of Tangoe. “We see enormous abilities for this transaction to improve our lengthy-time enterprise relationship with IBM and deliver elevated cost to our consumers in the brief and long run by the use of our scale and finished carrier capabilities, top-rated practices, world presence, and our broader IT cost administration solution portfolio. We are expecting that the combination will additionally make us greater competitive in federal government events, as a result of the the fresh expansion by the IBM Rivermine TEM company.”

long run, we expect that this acquisition will prolong incremental cost to the Rivermine TEM client base through Tangoe’s broader Matrix answer portfolio and by using delivering visibility and manage for their different IT expenses including cloud, IT, and M2M, to support them in the reduction of prices, raise operational efficiency, and enrich productivity, releasing them to center of attention on the transformative elements of their IT.

About Tangoe

Tangoe (NASDAQ:TNGO) is a number one world provider of Connection Lifecycle management application and services to a wide array of global organizations and service suppliers. The business's Connection Lifecycle administration platform, Matrix, is an on-demand suite of utility and capabilities designed to switch on, music, manipulate, relaxed, and support a number of connections in an business's connection lifecycle, together with mobile, fixed, computing device-to-computer, cloud software and capabilities, commercial enterprise social, and IT connections. additional information about Tangoe can also be discovered at www.tangoe.com.

Tangoe is a registered trademark of Tangoe, Inc.

forward-searching Statements

This press liberate includes forward-searching statements that involve gigantic risks and uncertainties. All statements, apart from statements of historic statistics, blanketed in this press release involving our strategy, future operations, future monetary position, future earnings, projected expenses, possibilities, plans, and targets of administration are ahead-looking statements. The words "expect," "consider," "estimate," "predict," "intend," "may additionally," "plan," "would," "goal," and an identical expressions are intended to determine forward-searching statements, although no longer all ahead-searching statements comprise these opting for words. These forward-looking statements consist of, amongst different issues, statements about our expected acquisition of IBM’s Rivermine Telecom fee management business, which is subject to the delight of certain situations to closing, and merits that could be realized from such acquisition. We may additionally no longer really achieve the expectations disclosed in our ahead-searching statements, and you may still now not area undue reliance on our ahead-searching statements. specific results or events may differ materially from the expectations disclosed in the forward-looking statements we make. extra information about competencies components that might affect our business and economic results is contained in our Annual document on kind 10-k as filed with the Securities and trade commission on March 16, 2015. additional information will even be set forth in our future quarterly experiences on kind 10-Q, annual reviews on kind 10-ok and different filings that we make with the Securities and exchange commission. We do not intend, and undertake no duty, to unencumber publicly any updates or revisions to any forward-searching statements contained herein.

Emptoris Acquires Rivermine for leading Telecom price management solution | killexams.com Real Questions and Pass4sure dumps

source: Emptoris, Inc.

January 06, 2011 04:00 ET

Strategic Acquisition Expands global a thousand client Base, associate Footprint and answer Suite; Addresses critical, growing category of Telecom Spend for global 1000 businesses

BURLINGTON, MA and FAIRFAX, VA--(Marketwire - January 6, 2011) - Emptoris, Inc. ("Emptoris"), a number one provider of strategic give administration and enterprise contract management options, these days introduced its acquisition of Rivermine, Inc. ("Rivermine"), one of the crucial market's main Telecom rate administration (TEM) answer providers. With the acquisition, Emptoris expands its award-profitable answer suite, adds a portfolio of new international 1000 businesses to its consumer base, and raises its footprint with key strategic companions.

"A core value proposition of Emptoris is its skill to support international 1000 businesses tackle high-cost, but difficult spend categories in a way that can provide meaningful bottom-line affect. a regular grievance heard from CFOs and CPOs is that their ERP methods aren't basically designed to manipulate these essential spend classes akin to transportation, contingent labor and capabilities. The acquisition of Rivermine strengthens and extends Emptoris' price proposition and aggressive positioning by means of offering confirmed fee management technology in a significant capabilities spend class," mentioned Patrick D. Quirk, president and chief government officer of Emptoris.

Rivermine - A Market main solution for Telecom price management Rivermine, now a division of Emptoris, is a leading company of TEM options that permit corporations to benefit visibility into, and control over, their telecom spend and lifecycle management together with ordering, inventory, bill processing and auditing, in addition to instant expense administration, cellular gadget administration, reporting and analytics. The company's success is rooted in its superior and rich software feature set, in addition to its area capabilities in navigating the complicated billing programs of international telecommunication companies. purchasers -- including Chubb assurance, Ford Motor enterprise, Fannie Mae, IKON office solutions and Sodexo -- manipulate greater than $6 billion in communications spending annually the usage of Rivermine options. Rivermine has been ranked a 'leader' within the 2010 Gartner Magic Quadrant for Telecom fee management. Their market-leadership is extra reflected in a four-yr income growth expense of four hundred%, extremely excessive consumer renewal prices and powerful recurring revenues.

Telecom Spending - a global 1000 priority, Yet tricky to handle organizations spend greater than $1 trillion yearly on business telecom applied sciences and functions. With the ever expanding use of mobile devices and the information superhighway, telecom spending has turn into one of the crucial colossal areas of spending for global 1000 companies, registering as one of the exact 5 corporate spend categories for most groups. it is additionally probably the most poorly managed areas of spend, partly as a result of the advanced billing systems used through some telecom suppliers, vendor administration challenges, and a more desirable want for inner governance and compliance. The Aberdeen community estimates that the common Fortune 500 company spends more than $115 million per 12 months on telecom charges -- and Gartner reviews that these fees will also be predictably reduced through 10% to 35% with Telecom expense management solutions. As such, Telecom expense administration has become a key goal for growth by means of CFOs, CIOs and CPOs at international businesses. in line with leading analyst companies, agencies will spend an estimated $5.6 billion in 2011 on application and functions to resolve e-procurement and telecommunications administration challenges.

Addressing excessive-price, challenging Spend categories ERP and e-procurement techniques fail to tackle the sourcing, contract administration and compliance for high-cost, but challenging spend categories akin to telecommunications, transportation, travel, contingent labor and features. although, a big percent of a world a thousand enterprise's procurement spending is typically dedicated to features spending in these classes. Emptoris is the best solution issuer with a vision to offer international a thousand companies the added capabilities needed to tackle and power improved rate reductions in dozens of those crucial spend categories.

"The acquisition of Rivermine extra offers Emptoris entrée into world businesses who obviously be aware the backside-line have an impact on of applying expertise to address key spend classes," pointed out Mark Logan, chief govt officer of Rivermine. "we're very excited to join the Emptoris family and trust the mixture of our agencies will dramatically reshape the TEM market, developing the trade's first TEM offering as a part of a broader spend management suite -- and one of the most trade's most wide world footprints and help networks."

a far better, extra aggressive Emptoris "This acquisition is more than just a technology acquisition, it is the further achievement of our vision to tackle excessive-cost, difficult spend classes. there's big cost performed in expanding our client base and our companion footprint, and in providing delivered capabilities to our world a thousand purchasers. The sum of these components will assist gas our sales increase and create a stronger, extra aggressive Emptoris in a market it is abruptly starting to be and consolidating," commented Patrick D. Quirk.

With the acquisition of Rivermine, Emptoris now has an improved suite with six strategic solutions, more than 300 world a thousand shoppers, over 650 personnel globally, and combined projected annual growth in extra of 20%. each Emptoris and Rivermine even have premier partner relationships with the leading administration consulting firms together with Accenture, Deloitte and IBM.

Emptoris' majority shareholder and capital accomplice, Marlin fairness companions, which has over $1 billion of capital beneath management, funded the Rivermine acquisition as a part of its plan to speed up Emptoris' strategic increase. "Marlin continues to be focused on furthering Emptoris' biological and strategic boom. The acquisition of Rivermine is an ideal strategic healthy for Emptoris, and we will continue to be opportunistic in picking and developing future alternatives to add price for Emptoris' clients and our investors," pointed out Nick Kaiser, accomplice of Marlin fairness companions.

Rivermine's employees have joined the Emptoris team beneficial December 24, 2010. Mark Logan remains with the company as president of the Rivermine division. The monetary phrases of the acquisition had been no longer disclosed. For additional suggestions on Emptoris, please discuss with www.emptoris.com.

About Rivermine Rivermine is a leading company of automatic, award-profitable options that permit businesses to gain visibility into, and manage over, their wireline and instant telecom spend. hundreds of organizations -- together with many Fortune 1000 organizations and large govt agencies -- have selected Rivermine to optimize their universal telecom environments and dramatically reduce fees. Rivermine at present manages over $6 billion in annual telecom spend globally. The enterprise's patent-pending Telecom expense administration (TEM) solutions automate the complete telecom lifecycle including ordering, inventory administration, invoice processing and auditing, instant expense management, mobile device administration, and reporting/analytics. For further information, discuss with www.rivermine.com.

About Emptoris Emptoris is a world leader in strategic give and business contract management application options that empower businesses to recognize most fulfilling value and speed up ecocnomic boom. Emptoris options are used via successful global one thousand organizations in every industry. Emptoris purchasers encompass American specific, Boeing, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, Syngenta and Vodafone. For extra counsel, consult with www.emptoris.com.

Tangoe drops 5.eight% publish-profits; IBM utility obtained | killexams.com Real Questions and Pass4sure dumps

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IBM Emptoris Telecom Expense Management Sales Mastery Test v1

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Sybase [17 Certification Exam(s) ]
Symantec [134 Certification Exam(s) ]
Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [58 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]

References :

Dropmark : http://killexams.dropmark.com/367904/12832415
Dropmark-Text : http://killexams.dropmark.com/367904/12941594
Blogspot : http://killexamsbraindump.blogspot.com/2018/01/look-at-these-00m-654-real-question-and.html
Wordpress : https://wp.me/p7SJ6L-2HI
Box.net : https://app.box.com/s/k6g6bcmpzylcoui90d7m07hx0bmgf1bs