Agere Systems Recognized for Telecom Cost Management Success with Rivermine Software in Aberdeen Best Practices Report; Company Realized 10-12 Percent Telecom Cost Savings.FAIRFAX, Va. -- Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. has released its Best Practices in Telecom Spend Management report recognizing Agere Systems' success in taking control of its telecom expenditures with Rivermine Software's inventory-powered solution. Agere Systems--a global leader in semiconductors for storage, wireless data, and public and private networks--chose Rivermine to help the company attain an accurate inventory of telecom assets and automate processes including circuit ordering, provisioning, invoice processing, and auditing. Rivermine Software is a leading business applications provider for telecommunications management. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the report, which included the top nine case studies out of 30 submissions, Agere's challenge was how to establish and manage its telecom network at a time when it was unclear which resources it owned after the spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. from Lucent. In addition, Agere needed an automated ordering and provisioning solution that could efficiently manage the many moves, additions, changes, and disconnects (MACD MACD Moving Average Convergence/Divergence MACD Michigan Association of Conservation Districts MACD Move Add Change or Delete MACD Medium Access Control Device ) associated with mergers and acquisitions. Agere initially turned to an outsourced provider, but found that the solution did not provide sufficient or accurate inventory visibility. "Companies need to 'own' the data around TCM (1) (Trellis-Coded Modulation/Viterbi Decoding) A technique that adds forward error correction to a modulation scheme by adding an additional bit to each baud. TCM is used with QAM modulation, for example. spending in order to gain control over a major expense category," said Richard Waugh Richard Waugh is one of the more recent voice actors for Albert Wesker in the video games , Resident Evil 0 and Resident Evil 4. He has lent his voice throughout Capcom's Resident Evil, for which he has been thanked and acknowledged. , VP, supply management research, Aberdeen Group. "Effective cost control must start with an accurate asset inventory and visibility to spend analysis. Agere was able to establish this foundation with Rivermine." Since implementing Rivermine's Inventory Engine, Service Order Manager, and Finance Manager, Agere reports a 10-12 percent telecom cost savings to date. Plus, process efficiencies have allowed the company to reduce support staff by 50 percent. "We now catch the sum total of all billing errors and get them resolved more quickly," said Bill Trussell, senior manager of network operations, Agere Systems Agere Systems Inc. was an integrated circuit components company based in Allentown, Pennsylvania, in the Lehigh Valley region of Pennsylvania, in the United States. Effective April 2, 2007, it was merged into LSI Corporation. . "Disputes that once took a year or more to resolve with the vendors are now corrected in the next billing cycle Billing cycle The time elapsed between billing periods for goods sold or services rendered. ." Rivermine's expense, process, and analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. solution provides an intuitive and unified way to view, manage, and control nearly all aspects of telecommunications management. It integrates many cumbersome tasks such as ordering and provisioning, analysis and planning, and invoice processing and payment. To read the entire report from Aberdeen Group, visit http://www.aberdeen.com. About AberdeenGroup Founded in 1988, AberdeenGroup is the technology-driven research destination of choice for the global business executive. AberdeenGroup has over 100,000 research members in over 36 countries around the world that both participate in and direct the most comprehensive technology-driven value chain research in the market. Through its continued fact-based research, benchmarking, and actionable analysis, AberdeenGroup offers global business and technology executives a unique mix of actionable research, KPIs, tools, and services. About Agere Systems Agere Systems is a global leader in semiconductors for storage, wireless data, and public and enterprise networks. The company's chips and software power a broad range of computing and communications applications, from cell phones, PCs, PDAs, hard disk drives and gaming devices to the world's most sophisticated wireless and wireline networks. Agere's customers include top manufacturers of consumer electronics, communications and computing equipment. Agere's products connect people to information and entertainment at home, at work and on the road -- enabling the connected lifestyle. About Rivermine Software Rivermine Software is the leading business applications provider of Enterprise Telecommunications Management software. Rivermine's inventory-powered solution provides mega-million impact to clients by addressing their largest and most severe management issues: controlling expenses, process compliance, and analysis of network design, usage, and cost. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , Rivermine caters to billion dollar enterprises such as Circuit City, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , and Agere Systems. The company also partners with select service providers and integration companies. |
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