Gartner Research

Telecom Expense Management Reduces the Cost of IoT Connectivity Services

Published: 14 October 2016

ID: G00316758

Analyst(s): Tom Eagle , Lisa Unden-Farboud , Eric Goodness

Summary

The increase in connectivity expenditures for Internet of Things solutions is growing rapidly. CFOs that leverage existing TEM services to manage IoT connectivity services can reduce the cost impact by at least 30%.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Service Class Definition
    • Critical Functions Definition
    • Reporting and Business Intelligence
  • Leveraging TEM services to manage IoT connectivity services enables CFOs to provide a single policy-based catalog for ordering and provisioning of IoT connectivity services and IoT devices
  • Leveraging TEM services to manage IoT connectivity services enables CFOs to provide a centralized capability for global IoT connectivity contract management, invoice audits and dispute management
  • Leveraging TEM services to manage IoT connectivity services enables CFOs to provide analytics to create event-based spending actions, change management and scenario-based planning

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