New report highlights enterprise use-cases for Least Cost Routing
A new report from TransNexus examines the recent explosion of growth in enterprise telecommunication networks, as well as the strategies innovative companies are using to manage them.
According to the report, today, the top 100 employers in the US average over 200,000 workers. That translates to over 100,000 phone lines within each company. At the same time, FCC documents show 99% of telephone carriers have 100,000 or fewer lines in operation.
This means that many non-telephone enterprises are now managing a phone network larger than that of most carriers. Enterprises with sophisticated telecommunications networks face major challenges when it comes to understanding and managing telecom costs.
“Most large enterprises have underdeveloped skills in the telecommunications space,” says Jim Dalton, president of TransNexus. “Managing such a network imposes heightened risk across the board if not done right.”
Least Cost Routing, or LCR, is the process of analyzing, selecting, and directing the path of outbound communications traffic, based on low rates. For years, telecom carriers have relied on Least Cost Routing technology to keep margins low and stay competitive. For enterprises, this technique can make a significant impact on communication costs.
TransNexus case studies show that most enterprises who implement a least cost routing solution reduce their total termination costs by at least 40%.
Read all about in the whitepaper, Carrier Solutions in the Enterprise.