- Cimpl is named in the List of 13 Independent Pure-Play TEM Providers.
- Cimpl listed on the Market Guide for Financial Management for 2 consecutive years.
The Changing Face of the
Telecom Expense Management Industry
MONTREAL, QC, CANADA [November 8, 2016] – Cimpl, leading the revolution in telecom, mobile, IoT and cloud expense management, was recently included in two Gartner reports targeting the topics of IT cost optimization specifically around the Telecom Expense Management (TEM) and IT Financial Management (ITFM) markets.
“The Cimpl team is proud to have been listed by Gartner in these two reports on IT cost management,” states Christopher Thierry, President of Cimpl. “We believe our customers’ feedback on our product has raised us to go beyond telecom expense management and into adjacent markets that endorse our vision to lead the revolution in telecom, mobile, IoT and cloud expense management.”
The first Gartner report was published June 2016 lists specifically telecom expense management industry players. The report entitled, Competitive Landscape: Independent Telecom Expense Management Providers, lists 13 providers in the industry and provides key analysis of the state of the industry. The report reveals the changing nature of TEM into an expanding portfolio of services such as IoT, cloud and IT.
To read the June 2016 Competitive Landscape: Independent Telecom Expense Management Providers>>
The second report authored by Gartner analyst Robert Naegle, sets the tone for the growing IT Financial Management industry. The Market Guide for IT Financial Management highlights the growth and need of the market and notes that ITFM tools provide IT leaders with the detailed cost and consumption analysis required to “run IT like a business”. It identifies the expanding vendor landscape and lists Cimpl in the Expense Management category, one of the ITFM Market Entry Points.
Gartner Analyst Robert Naegle states in the report: “Expense management tool vendors are positioning to enter the ITFM market as their focus on managing specific IT expenses like telecom, mobile and cloud, for example, expands to meet growing customer needs.”
To read the September 2016 Market Guide for IT Financial Management>>
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
With its global coverage, Cimpl is leading the revolution of telecom, IT and cloud expense management. Cimpl is helping companies manage the costs of services associated with mobility, fixed telecom, cloud, M2M, IT, and UC assets. Its signature solution brings together actionable real-time data and everyday processes to ensure that companies know what they have and what it costs at any given time. The company has been recognized in many industry awards because of its sustained revenue growth and its high level of employee engagement. For more information, visit www.cimpl.com .
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