Over $1 trillion is spent on enterprise telecom services annually, with the majority of this spend going toward services that are mission-critical to core business functions. Despite the importance of these services to enterprises and BSPs, enterprises have been using the same manual and time-consuming processes to buy and manage network services for decades. Carriers offer no digital means for customers to determine vendor serviceability, get quotes, and purchase solutions. Pricing and vendor data is kept hidden, forcing enterprises to hunt for quotes manually via phone call/email while managing contracts in spreadsheets. Frequently, contracts and services details are siloed across departments and locations—if they are tracked at all—resulting in an incomplete and fragmented view of the services in use, renewal status, the costs, and more.
Enter Lightyear, The Telecom Operating System. The only software platform that automates procurement and management for enterprise telecom services (internet, WAN, voice, colocation) while leveraging the best proprietary dataset in business telecom to enable better, faster outcomes.
Lightyear’s Procurement software digitizes and automates telecom procurement from RFP through implementation for one site or hundreds—all backed by the industry’s most robust dataset. Enterprises and BSPs can utilize Lightyear Procurement to create digital telecom RFPs, receive pre-validated best-price quotes, sign contracts, digitally track and manage installations, and manage procurement across an enterprise team digitally. When managing telecom procurement in this manner, enterprises and BSPs can cut hundreds of tedious hours from circuit procurement while ensuring services are always purchased at the best possible price.
Post-procurement, Lightyear’s Network Inventory Manager establishes a digital “system of record” for an enterprise’s network services, setting the user up for continuous, automated network optimization. Lightyear’s NIM will digitally track 30+ unique data points per circuit/service, ensuring that an outage or service reconfiguration is easy to manage for a networking team. NIM allows enterprises to create service tickets digitally, and will also track each individual service renewal, proactively reshopping eligible services to take advantage of telecom cost deflation for savings.
When utilizing Lightyear’s Telecom Operating System in full, enterprises and BSPs see 70%+ time savings on telecom procurement and vendor management, and 20%+ cost reduction in telecom. See what their customers have to say:
“Lightyear’s software ran an RFP for us in two weeks that would have taken our engineers two months. We consider ourselves a very cost-conscious ISP, and still Lightyear was able to achieve 25%+ cost savings for us. So, for us it’s a no brainer, the Lightyear ROI is instant.” — Prashanth Vijay, CEO, Flume Internet (a BSP)
“Quoting and implementation management had always been frustrations for us. Lightyear has taken this completely off our team’s hands—delivering us with good pricing and working to ensure we hit store opening deadlines.” — Nick Jaquay, Director of IT Operations, Alo Yoga (Retail)
“Lightyear’s estimated cost savings opportunities have been either really accurate or understated, which has helped us create a budget for other IT initiatives internally.” — Jon Kerr, Sr. Director of IT, Westfall Technik (Manufacturing)
Source: lightyear.ai