Razorsight Partners with TeleStrategies to Deliver Successful Webinar.Educational Presentation Reveals that On-Demand On-Demand refers to a service or feature which addresses the user's need for instant gratification and immediacy of use. In most cases the value proposition for an on-demand service is wrapped up in the fact that the user or consumer of the service avoids a significant up-front Network Cost Management Saves Carriers Millions FAIRFAX Fairfax, city (1990 pop. 19,622), historic seat of Fairfax co., NE Va., a residential suburb of Washington, D.C.; inc. 1892, as a city 1961 (at which time it became independent and no longer included in a county). There is some light manufacturing. , Va. -- Razorsight Corporation, a market leading provider of on-demand financial business intelligence and spend analytics software, today announced the success of its educational webinar on network cost management, presented in partnership with TeleStrategies, the leading producer of telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry conferences, seminars, tutorials and trade shows. The webinar, with more than 100 registrants, revealed the critical role of on-demand technologies in streamlining and reducing network costs, saving carriers millions. The webinar, held on April 19th, included facilitated discussions led by Dr. Mathew Lucas, Vice President, TeleStrategies and Namer Aljazrawi, Director, Razorsight. The presentation revealed that although worldwide telecom service providers have continued to experience revenue growth currently exceeding $1 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. , profits are shrinking due to rapidly growing networks and excess capacity. In addition, the dynamic telecommunications environment, shaped by a significant number of mergers and acquisitions, has led to a tremendous consolidation of networks and billing systems. These and other high growth factors have led to inefficient and costly systems, many of which remain paper-based. On-demand solutions address these issues by providing an attractive alternative to legacy cost management applications - standardizing and simplifying processes, while reducing technology risks. Re-usable audit templates ensure consistency and the web-based approach streamlines deployment, accessibility and integration with other systems. In addition, the total cost of ownership is significantly lowered with no upfront investment and fast ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , reaching into the millions. "Razorsight's technology produces measurable benefits for telecommunications organizations and we were pleased to have the opportunity to participate with them on this webinar," says Dr. Mathew Lucas, Vice President, TeleStrategies. "At TeleStrategies, we believe that the future of the industry will be shaped by innovative approaches that help carriers to re-think old ways without giving up on the progress that has already been made. On-demand approaches to network cost management provide one of the best examples of this, helping companies replace inefficiencies with profit drivers." "The number of meetings and interest we've received since last week's webinar is off the charts, underscoring the significant interest by carriers in the ROI drivers behind on-demand network cost management solutions," 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. Razorsight CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Charlie Thomas Charlie Thomas (born 7 April 1937 in Lynchburg, Virginia) is an American rhythm and blues singer best known for his work with The Drifters. Thomas was performing with The Five Crowns at the Apollo Theater in 1958 when George Treadwell fired his group, called The Drifters. . "Razorsight is perfectly aligned to address the rapidly evolving telecommunications ecosystem, through our proven ability to turn cost centers into profit centers, while enabling companies to fully leverage their current technology investments. We couldn't think of a better partner for this webinar than TeleStrategies, as the educational leader for the telecommunications industry." The webinar is available for viewing at www.razorsight.com. About TeleStrategies Founded in 1980, TeleStrategies, Inc. is the leading producer of telecommunications industry conferences, seminars, tutorials and trade shows. The company's 80 annual programs focus on emerging technologies, market opportunities, business strategies, regulatory issues and new services. More information is available at www.telestrategies.com. About Razorsight Razorsight (www.razorsight.com) is the market leader in on-demand business intelligence for finance executives, providing rich spend analytics and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. processing. Razorsight's Software-as-a-Service (SaaS) provides a new level of visibility into corporate expenditures through advanced technology which automates the manual process of receiving, validating val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. and auditing invoices in any format. Razorsight captures detailed data from invoices, contracts and other sources of information to provide business intelligence that significantly reduces operating costs operating costs npl → gastos mpl operacionales and enhances Sarbanes-Oxley compliance. Razorsight's web-based software is easy to install, requires no capital investment, is highly scalable and proven to save money. Razorsight's solution is installed at numerous Fortune 500 companies. Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion