Vodafone Group, CGI Inc. and Dimension Data are Dominating the Global Telecom Expense Management Market in 2020

Global Telecom Expense Management Market is said to grow with the CAGR of 4.1 % in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global Telecom Expense Management Market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

Vodafone Group is the dominating player in Global Telecom Expense Management Market. The other key players existing in the market includes CGI Inc., Dimension Data, Accenture, Econocom, Asignet. Technology DNA, AVOTUS, Calero-MDSL, Cass Information Systems, Inc., Network Control, One Source, RadiusPoint, Saaswedo, Sakon, Tangoe, Tellennium, Upland Software, Inc., VALICOM, vMOX, LLC., WidePoint Corporation among others.

Telecom Expense Management MarketVodafone Group

Vodafone Group is headquartered in Berkshire, U.K. and was founded in 1982. The company focuses on access to connectivity, digital skills and creating relevant products and services, such as access to education, healthcare and finance. The company offers wide range of products categories such as by business type, by solution, by industry, professional services in which by solution is the market focused category.

  • In June 2018, Vodafone Group announced that they are partnering with Amdocs, an OSS/BSS solutions provider to automate its billing operations. With this transformation, the company was able to reduce the duration of billing cycles and deliver accurate bills to all its post-paid customers faster. Thus, the company will be able to provide a better customer experience and improved revenue realization.

The company has wide global presence across Europe, Americas, Asia-Pacific and Middle-East & Africa with its various subsidiaries such as Bluefish Communications Limited (U.K.), Vodafone Enterprise Corporate Secretaries Limited (U.K.), Cable & Wireless Aspac Holdings Limited (U.K.), Vodafone Enterprise Equipment Limited (U.K.), Vodafone Euro Hedging Limited (U.K.) among others.

CGI Inc.

CGI Inc. is headquartered in Montréal, Canada and was founded in 1976. The company delivers a full range of services which includes strategic IT and business consulting, systems integration, intellectual property and managed IT and business process services. The company offers wide range of products categories such as services, key topics, solutions in which solutions is the market focused category.

  • In July 2021, CGI Inc. announced that they have renewed its long-term payroll services alliance with Quebec-based Desjardins, the financial cooperative in North America. Under the agreement, the company will help in the management of the payroll service centre, including business continuity, IT infrastructure, and customer support services. Thus, the company will be able to provide mobility solutions and services to customers globally.

The company has wide global presence across Europe, Americas, Asia-Pacific and Middle-East & Africa with its various subsidiaries such as CGI Technologies and Solutions Inc. (U.S.), CGI France SAS (France), CGI Federal Inc. (U.S.), CGI IT UK Limited (U.K.), CGI Information Systems and Management Consultants Inc. (Canada), among others.

Dimension Data

Dimension Data is headquartered in Johannesburg, South Africa and was founded in 1983. The company is provider of information technology services which includes T consulting, technical and support services, and managed services. The company offers products like AggreData which is also the market focused category.

  • In December 2013, Dimension Data announced that they got an excellent rating for overall product viability by Gartner, Inc., in its Critical Capabilities for Telecom Expense Management (TEM) report. The solution supports the complete procure-to-pay lifecycle, including inventory, ordering, invoice management, billing, invoice validation, cost allocation, payment, and all related workflows. Thus, the company will be able to enhance its brand image in the market.

The company has wide global presence across Middle East and Africa.