Case Study: a large multinational gas and energy company achieves $2.7M in identified savings with Tangoe IT expense management

Global Energy Company Exceeds Telecom and IT Savings Target of $2M by 35%

The large multinational gas and energy company needed to reduce costs after a drop in oil prices, identifying telecom and IT expenses as areas for improvement. They engaged Tangoe for their IT expense management (ITEM) solution to find savings and foster business growth.

Tangoe audited the customer's telecom assets, discovering that carriers were incorrectly billing for legacy services at closed sites. By building an updated inventory and removing unused services, Tangoe generated immediate savings, identifying $2.7 million in savings overall and eliminating $40,000 in monthly overage charges.