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Source: businesswire | Published on: Tuesday, 21 January 2025
INDIANAPOLIS--(BUSINESS WIRE)--Tangoe, the leading IT expense management solution, proudly marks its 25th anniversary, celebrating a legacy of AI-driven industry innovation, client value, and transformative growth. From pioneering telecom expense management to managing $15 billion in tech spending, Tangoe is a leader driving operational efficiency and financial oversight across an increasingly complex IT landscape of telecom, mobile, and cloud assets and expenses.
“We’ve grown from a bold idea at the turn of the century into a trusted partner for the world’s leading businesses,” said James Parker, CEO. “With a sharpened focus on the shifting IT horizon, we celebrate the vision and dedication of our global team and partners while strengthening our commitment to client outcomes.”
A Legacy of Innovation
From its inception, Tangoe’s leaders recognized a crucial industry need: enterprises were struggling to track and control billions of dollars wasted annually on telecommunications assets and services. Tangoe’s bold solution—a groundbreaking telecom expense management (TEM) platform—set the stage for a new era of visibility, automation, productivity, and data-driven financial management. Today, the company continues to lead with a comprehensive IT expense and asset management (ITEM) platform, integrating artificial intelligence alongside an ecosystem of global technology partners, and boasting a portfolio of over 70 granted patents.
Charting a Course for 2025 and Beyond
Unmatched Client Value
Tangoe’s success is reflected in the tangible value delivered to its global clients. On average, Tangoe processes 370,000 invoices every month, manages 14 million mobile devices on an ongoing basis, and builds 750,000 inventory records on behalf of its clients every year. With precision and accuracy, the company saves businesses an average of $590 million per year. These achievements underscore Tangoe’s commitment to reducing business risk, enhancing productivity and financial predictability, and supporting digital transformation for enterprises worldwide.
Explore all 25 client value metrics here.
Looking Ahead: Vision 2025
As Tangoe celebrates its silver anniversary, the company remains focused on the future. With emerging technologies on the horizon, Tangoe is poised to redefine IT financial management for the next generation. The company’s vision for the next 25 years is clear: to break new boundaries in value creation and empower enterprises to thrive in an increasingly complex digital world.
Explore more Tangoe milestones and insights that mark this special moment.
About Tangoe
Tangoe pioneered technology expense management 25 years ago, and today we’re the industry leader driving innovation through AI-powered automation, 70+ patents, and the largest ecosystem of global partners. We specialize in helping enterprises of all sizes save money, utilize IT resources more effectively, and gain visibility and control over their spending and mobile devices. With the industry’s first complete solution for telecom, mobile, and cloud cost optimization alongside the largest technology spend under management, Tangoe is the preferred partner for those seeking cost savings, financial predictability, and ROI for digital innovation. Visit us at Tangoe.com and on LinkedIn.