Razorsight Partners with TeleStrategies to Deliver Successful Webinar
Educational Presentation Reveals that On-Demand Network Cost Management Saves Carriers Millions
FAIRFAX, VA – April 25, 2007 – 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 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, 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, 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 Razorsight CEO Charlie Thomas. “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.”
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 invoice 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 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 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.
CONTACTS:
Kim Larkin
Larkin Communications for Razorsight
Office: (703) 250-3590, x3406
Mobile: (202) 391-5205
Holly McKee
Larkin Communications for Razorsight
Office: (703) 250-3590, x3591
Mobile: (202) 386-3960
2009
2008
2007
2006
2005
2004
2003
|
