Consider the original telephone.
A culmination of work done by many individuals, this device was originally only used for one thing – allowing two or more users to have a conversation when they were too far apart to communicate normally. The traditional telephone has served as the world’s primary way of communicating across distances for many years.
Today, the situation is quite different. Modern telephones are mobile, they’re portable, they can be used to browse the Internet, take photos, access business information and send emails. They also function in an environment coupled with technologies such as cloud, SD-WAN and IoT devices.
For businesses, the expansion of the technology sphere offers a number of new opportunities but they also present a range of obstacles, especially when it comes to managing costs. As IT, telecoms and technology become increasingly intertwined, businesses need a little extra help managing the expenses related to all of these digital resources.
Enter Technology Expense Management.
These solutions enable businesses to handle everything from cloud-based services and infrastructure to SD WAN. Technology Expense Management incorporates a broad range of technology costs like software licences, computer equipment, cloud subscriptions, storage services and applications.
If you’d like to learn more about technology expense management – what it entails and the key business benefits – you can download our latest white paper. Detailing everything you need to know about how Telecoms Expense Management has transformed into Technology Expense Management, this document is the resource all modern businesses need to ensure their entire technology ecosystem is kept in check.
Check it out below.