Teligistics Surpasses $7 Billion in Sourced Telecom Contracts

Houston, TX, November 16, 2012 – Teligistics announced it has surpassed the $7 billion mark in total contract value procured on behalf of client companies since its founding in 1997. Referring to this significant milestone, Dave Roberts, CEO and founder of Teligistics, says “We are undoubtedly the leading source for large enterprise procurement of complex global voice, data and technology related contracts. We continue to win for our clients ‘Best in Class’ contracts because we have the technology, subject domain expertise, experience and the market data necessary to deliver outstanding results.”

Teligistics launched the proprietary and ground-breaking online eProcurement tool branded as Telibid™ in 2011. This web-based sourcing tool allows enterprises to publish an RFP (request for pricing/proposal) online via customizable telecom templates for all categories of telecom services (wireless/mobility, local, long distance, audio/web conferencing, MPLS, Managed Services, Internet access and more). Telibid includes an optional state-of-the-art reverse auction format.

Roberts continues “Telibid is the next generation of sourcing tools for enterprise-level telecom users. The design was based on the subject matter expertise we have assembled from sourcing thousands of large and complex global telecom contracts. Our methodology for analyzing telecom provider rate plans, for which we received a U.S. Patent in 2005, is the basis for the financial analysis reports that are created from the RFP bidder responses. Teligistics clearly continues to be the market leader for this type of in-depth analysis.”

Roberts adds, “Despite the fact that the cost of technology and communications services generally go down over time, most large organizations are faced with ballooning telecom budgets but can’t figure out why. This is generally due to the fact that the average telecom cost per employees is exploding with the primary culprit being wireless mobility. The rate of telecom consumption is outpacing the natural downward trend of technology in the marketplace. The rate of increase in telecom costs per employee is only second to employee healthcare.”

Founded in 1997, Teligistics is a closely-held private Texas corporation and the leading provider of enterprise-level telecom cost control solution tools in the United States. Sourcing of large telecom contracts continues to be a core-competency of the firm, serving many Fortune® 1000 clients. Teligistics also provides client solutions in TEM (Telecom Expense Management) through its proprietary TEAM™ (telecom expense & asset management) platform for auditing, allocating and processing of telecom invoices for client companies. eMobilegistics™ manages thousands of mobile/wireless devices for client companies.

Please see: http://www.Teligistics.com/