Telecommunications
"Smartphones are becoming the primary access vehicle to the internet!"
Challenge
In Telecommunications, the challenges are many. The need for ubiquitous network access and timely business data drive competitive advantage! There are many technologies, vendors, services, plans and options available today. Wireless usage and spend is growing rapidly. How do you deliver services and data to your end-user customers, employees, partners and investors efficiently and cost effectively?
Whether you need to manage 1,000’s or 10,000’s of mobile devices, or optimize complex multisite data and voice networks, you need to do it optimally from a Financial, Logistics and Technical capacity - The Hastings Group can help!
The Advantage
The Hastings Group founded a Telecommunications Group Procurement Organization (GPO) 20+ years ago. This is a “cross-vertical” partnership of 49 firms with annual revenues in excess of $175B. These firms enjoy significant on-going savings on their telecommunications spend.
“The Advantage” could come in the form of “hard cost” savings as a Partner in our GPO. “The Advantage” could be leveraging our knowledge as one of AT&T, Verizon and Sprint's largest customers, or our extensive database of current vendor contracts to many firms not part of our GPO. This knowledge affords THG an “inside” understanding of vendor processes and negotiating tactics to produce valuable savings for you!
Experience
We “live” the challenges that you live each and every day. We understand your needs as they are our own. The Hastings Group is not only a professional services firm in the telecommunications space, but also a large telecommunications customer with the buying clout of 49 firms’ behind us. Our Managing Partners have filled key Global IT and Finance roles. Our team members are held in high regard in the IT and Business community and we leverage our relationships for your benefit.
We “do what we say” and unfortunately that is sometimes hard to find in business today.
Bottom Line
We don't pontificate like many consultants or advisers, we produce tangible, "bottom-line" results!
In the telecommunications space, we regularly produce savings in the 8%-35% range. Along with delivering significant “hard cost” savings, we deliver “soft” benefits as well. These include:
- Providing visibility into expenses, usage & assets - to make more informed decisions
- Creating operational efficiencies - to reduce waste and further reduce costs
- Eliminating the need to perform costly, time-consuming RFP’s
- Eliminating or reducing Minimum Annual Commitments (MAC’s)
- Reducing your administrative burden as Hastings tools, processes and people take on the effort
These items make the overall organizational impact very significant.
We leverage proprietary Financial Management techniques, allowing for on-going spend optimization and financial controls. This requires intimate knowledge of:
- Contractual terms
- Ever-changing vendor service offerings and plans
- Back-end vendor billing systems