Responding to Economic Downturn

When the technology sector and other market indicators reveal a challenging economic forecast, smart businesses respond by increasing process efficiencies. This change helps organizations stay ahead of potential recessionary hits to their operating costs. With an eye toward efficiency and affordability, this article presents an executable plan to save money on internet spend and to improve efficiency for your organization.

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ISP Limitations

At Fastblue, we have two decades of experience in personalized engagement and relationship building with our customers and partners. From our vantage point, we have often seen that internet service providers (ISPs) are unable to meet business efficiency and cost savings requirements for many organizations. Generally, businesses feel their ISPs have been:

• Expensive: With markup and limited pricing options, internet service providers are poorly setup to help customers achieve savings on their current services.
• Inconsistent: ISPs struggle to deliver consistent support across customer locations, including high turnover of account managers, disjointed support, and individual bills that create spend crawl.

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We remedy these issues by

offering expertise, affordability,

and a dedicated team to manage

global internet, cloud, and data

center for customer sites around

the world.

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Fastblue Benefits

With technologies, services, and managed solutions sourced from industry-leading suppliers, our team helps organizations procure, deploy, and manage services across global networks. We provide personalized service and more, including:

• Upfront Savings: Save 20-40% on current connectivity costs
• Control & Visibility: Manage network services, orders, and tickets from a convenient Customer Portal
• Simple Invoicing: Get one monthly bill for all of your contracted services
• Ongoing Savings: Reduce overall spend and supplier overhead with our single-source global solutions
• 24/7 Global NOC: Work with one global NOC to support sites and services around the world

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How Fastblue Maximizes Savings

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Group Purchasing

As a group purchasing provider, we help our customers source both current and new suppliers to maximize savings. Fastblue customers get the benefit of our entire base of $125M+ customer spend without any spend minimums for their contracted services. We provide access to discounted local pricing across 3,000+ service providers in 180 countries, achieving the best rates on internet services worldwide. We provide upfront rate cuts and ongoing savings to our customers:

• As a group purchasing provider, we use the collective buying power of our customer base to secure lower pricing from global suppliers.
• Collective buying power - pooling your purchases with other businesses - uses higher volume and negotiated discounts to maximize upfront and ongoing savings.
• By leveraging our purchasing power as a collective buying group, Fastblue customers save up to 40% on their current connectivity costs.

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Read here to find out how Fastblue helped achieve $7M cost savings and improved network visibility across 500+ sites.

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Streamlined Services = Significant Savings

We help streamline the sourcing, deployment, support, and management of contracted services at sites around the world, boosting efficiency and reducing spend for our customers:

• As a single-source provider of global technology solutions, we are able to cut the number of bills our customers receive from many down to one monthly bill.
• One bill reduces overhead in managing spend, suppliers, and contract negotiation.

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Find out how switching to Fastblue cut the number of billing suppliers from 30+ to 1 and provided a single, centralized NOC to 300+ customer sites, reducing overhead and delivering ongoing cost savings.

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Partnering For Success

When faced with a challenging global economy, decision makers must adapt how they do business in order to maximize their successes against predicted headwinds. Being able to adapt and pivot as needed can help organizations maintain viability. Strengthening customer loyalty becomes even more important, as does bolstering resilient supply chain and partner relationships. Organizations can make better decisions faster by partnering with a reliable, single-source provider like Fastblue to help improve cost savings, efficiency, and network performance. Because, in any type of economy, collaborating with trusted partners is a cornerstone to business success.

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