It is important to control technology expenditures because such expenses on telecoms, mobility, software subscriptions, and market data continue to increase. The expense of these materials is a concern for the companies that are searching for ways to better control these expenses, and Calero, the leader in Technology Expense Management (TEM), has developed solutions that are intended to assist in optimizing technology costs.
After the 2020 merger with MDSL, under the CEO, Scott Gilbert, Calero has grown its services; it rebranded in 2023 to simplify it who assumed leadership.
This article presents an objective overview of Calero and its primary transaction bases in the telecom, mobility SaaS, and market data management areas, as well as discussing how the merger with MDSL affected the company’s policy regarding technology expense management. At the end, you will better understand what Calero does in the industry as well as its role in monitoring technology expenses.
At its core, Calero provides solutions for Technology Expense Management (TEM), helping organizations manage a variety of technology-related expenses. Their services cover telecom, mobility, SaaS, and market data management, aiming to help businesses optimize costs and improve efficiency. Here’s a deeper dive into these offerings:
Telecom expenses are often one of the largest budget items for organizations, especially for those operating internationally. Managing these costs effectively is essential, and Calero offers telecom management solutions designed to streamline this process.
Calero’s telecom services include:
The merger between Calero and MDSL in 2020 significantly changed the trajectory of the company, allowing it to expand its service offerings and reach more customers. The two companies had complementary strengths: Calero’s experience in telecom and mobility management and MDSL’s expertise in SaaS and market data management. Together, they created a more robust technology expense management solution.
The merger also led to the company’s rebranding to Calero in 2023, which simplified its identity and messaging. The rebranding aimed to offer a clearer representation of the company’s unified platform and its ability to address a broader range of business needs under one roof.
Calero is an industry leader in technology expense management, providing solutions to the management of cost in telecom, mobility, SaaS and market data. Though it may be on the useful side of things for many organizations, businesses should consider their individual needs in order to ascertain if Calero’s solution is something that will suit their needs.
Although Calero has had some impact on the TEM field to date, firms need to explore all possible options before picking a platform. This article gives a neutral review of the services offered by Calero and their impact on the evolution of technology expense management.
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