Financial Services Institution Finds More Than €4M in Annual IT Savings Opportunities About the Customer To meet CEO-mandated objectives of reducing annual IT spend by €800M, a global top 10 bank made the switch from legacy IT infrastructure to consumption-based solutions. This financial institution required that all new technologies be rolled out in a controlled manner with the proper system in place to achieve target savings. Increasing Visibility, Control, and Cost Savings The customer engaged Tangoe to analyze five outsourced spend categories totaling €150M annually. Tangoe reviewed invoices, inventory reports, and current-state expense management processes and also interviewed each spend category manager. Four savings categories were reviewed to identify a total annual savin

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