Software/ platforms

Tangoe Honored with 2024 Stratus Award for Top Cloud Managed Service

Tangoe, the leading IT expense management solution for over two decades, has been awarded the 2024 Stratus Award for Cloud Computing. This esteemed award, presented by the Business Intelligence Group, highlights organizations that are pioneering innovative solutions leveraging cloud technologies to drive industry advancements. Tangoe’s cloud expense management solution, Tangoe One Cloud, was recognized as the top Managed Service.

Tangoe One Cloud empowers businesses to activate their FinOps programs for cloud optimization, helping them use cloud technologies to their maximum potential while simultaneously driving efficiency in financial management. Tangoe’s fully managed service stood above the competition with AI-powered software, deep visibility into cloud environments, proven client results, and award-winning customer experiences. Tangoe unites customizable software with fully managed services, so IT and finance leaders can enact the FinOps framework with less impact on their in-house resources.

“We are honored to receive this global recognition from the Business Intelligence Group,” said James Parker, CEO of Tangoe. “This award is a testament to Tangoe’s unique ability to advance IT expense management for the complexities of the cloud. It validates our commitment to helping companies apply FinOps strategies to hybrid, multi-cloud infrastructure, software as a service, and unified communications.”

Russ Fordyce, Chief Executive Officer of Business Intelligence Group, added, “Tangoe’s dedication to pushing the boundaries of cloud technology is truly commendable. Their approach and exceptional contributions to the industry make them a worthy recipient of the Stratus Award.”

As companies turn to FinOps for best practices in cloud optimization, they seek certified partners. Tangoe is a Premier Partner of the FinOps Foundation and a voting member adopting FOCUSTM billing standards for cloud cost data. Approximately 70% of Tangoe’s cloud leaders are Certified FinOps Practitioners.

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