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Dimension Data Acquires Telecom Expense Management Vendor Xigo
Dimension Data , a $5.8 billion global IT solutions and services provider today announced that it has acquired Xigo, a U.S.-based leading provider of telecommunications expense management (TEM) solutions. In addition to fast-tracking Dimension Data’s Services strategy of becoming a full-fledged Managed Communications Service Provider, the acquisition will enhance Dimension's ability to deliver greater value across the enterprise with an integrated cost optimization solution for spend analysis, sourcing, provisioning and invoice processing.
Xigo and Dimension Data have a relationship that goes back over five years. In 2010, the relationship was further cemented when the two companies concluded a strategic global partnership agreement to offer the industry's first localized global telecom expense management solution.
Dimension Data will immediately focus on increasing Xigo’s U.S. market share and meeting the TEM needs of multinational organizations. Over time, the services will be rolled out to other countries in the Group. The combination of Dimension Data’s global footprint and Xigo’s cloud-delivered services will allow organizations to manage their voice and data networks more cost-efficiently with a complete lifecycle of services. In addition, Xigo clients with operations outside of North America will benefit from Dimension Data’s global footprint in 51 countries along with its experience in planning, building and operating IT infrastructures for multinational corporations.
Steve Joubert, group executive of global solutions at Dimension Data, said, "Companies look to Dimension Data to support their entire IT infrastructure and ensure the best utilization of their investments. The acquisition of Xigo is a perfect complement, as it extends this capability beyond integration and management of technology. Telecom expense management has grown to encompass the entire lifecycle of telecommunication services, including inventory and asset management, ordering and provisioning. As clients evolve their networks to address globalization, mobile device proliferation, virtualization and the cloud, Xigo will be instrumental to helping them implement the most cost-effective roadmaps and architectures for both internal and external communications."
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