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Parsippany, NJ, October 23, 2008 – Clients keep 100% of their savings from COLOTRAQ‘s telecom expense audit service. What’s more, no contract is required and there is never an obligation to switch service providers.
Traditional telecom audit and recovery services are billed on a contingency basis. Clients are charged a percent of savings realized and the service is often advertised as free because the client pays nothing if there are no savings. Taking advantage of such services seems to be a “no brainer,” particularly when savings can be as much as 20–30% of total telecom spend. But the audit service providers may keep as much as half of the savings as compensation and they require a contract guaranteeing their fees. COLOTRAQ delivers its service from start to finish without any contract or obligation and the client keeps all the savings.
Operational efficiency and cost reduction will be key to survival in the current economic climate. Telecom budgets for voice, wireless, hosting, bandwidth and network services represent significant savings opportunities.
“We expect the demand for telecom cost management services to explode and that our technical expertise, market knowledge, dedicated customer service and zero cost policy will establish us as a market leader,” COLOTRAQ’s CEO, Dany Bouchedid predicted.
When asked how COLOTRAQ is able to provide its service at absolutely no cost to the client, Bouchedid explained, “We specialize in minimizing future expenses by sourcing the most competitive solutions for a client’s telecom requirements. That is our core business. COLOTRAQ is the industry’s leading telecom sourcing consultant. When new services are contracted, we are compensated by the providers in our comprehensive global network of service providers. Since our policies and procedures guarantee vendor neutrality with a true customer-centric approach, it’s an undeniable win for the client.”
For more information about COLOTRAQ’s Telecom Expense Audit service, please visit
www.colotraq.com/telecom_audit_recovery.htm.
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Parsippany, NJ, August 28, 2008 – COLOTRAQ CEO, Dany Bouchedid, has been elected president of the newly formed Technology Channel Association (TCA). TCA’s mission is to promote the telecom industry’s indirect sales channel, which comprises a significant and growing portion of the industry’s revenues. Seeking to represent the broad interests of all those who have a stake in the continued success of the indirect sales channel, TCA will recruit both independent sales agents and vendors for its membership.
“Among TCA’s initial goals is to improve channel efficiency and effectiveness through the industry adoption of standardized best practices. We’re also committed to training and accreditation programs for indirect sales partners.” Bouchedid fills us in.
The founding members have been meeting since March. The association filed to become a not for profit corporation in July and formally announced itself to the industry at the Fall Channel Partners Expo in August. The announcement was greeted with great enthusiasm and support from both agents and vendors. Such prominent vendor firms as AireSpring, BullsEye Telecom, Netwolves, US Signal and Global Crossing have joined TCA. PHONE+ magazine has signed on as a charter member and the association’s official media sponsor. Charter agent members are Avega, CDW, COLOTRAQ, CMP, MicroCorp, Rad-Info Inc., TBI, Top Priority Wireless, Total Business Solutions, Total Carrier Solutions and World Telecom Group.
According to Bouchedid, “If TCA is to gain traction, it needs an active membership broadly representative of all the indirect sales channel players. That’s why we are so pleased with the response to our first appeal to the industry.”
Bouchedid started his career in the financial services industry with JPMorgan Chase. After receiving an MBA for New York University's Stern School of Business, he founded COLOTRAQ in 1999 with a vision of creating the premier sourcing management consulting firm for telecom and IT services. He has been a member of the adjunct faculty at Montclair State University where he taught Strategic Management, Patterns of Entrepreneurship and E-Commerce.
For more information about TCA, please visit http://www.tcasite.org.
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in 221 countries and territories. The company is also a registered partner for the sale of Dell, HP and IBM products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Parsippany, NJ (PRWEB) August 3, 2008 — COLOTRAQ, the sourcing company for IT and telecom services, announces the launch of its telecom and IT equipment sourcing business. COLOTRAQ Equipment Sourcing (CES) specializes in servers, storage, routers and switching products and is currently an authorized reseller for Dell, HP, IBM and APC. COLOTRAQ prides itself on quick turnaround of requests for quotation and handles single server requests as well as complex mega server deals with its staff of client support professionals.
The new business focuses primarily on fulfilling the hardware requirements of organizations which are equipping new data centers or upgrading existing facilities. As such, it is a perfect complement for the company’s existing consulting business which helps clients procure a broad array of telecom and IT services such as colocation, managed services, and bandwidth. Because of its unique position in the distribution channel, COLOTRAQ can generally offer better pricing than is available direct from the manufacturer even for such hot products as Dell’s PowerEdge or HP’s ProLiant servers.
“We expect a significant demand for servers and storage from small to medium sized businesses as a result of increased adoption of server virtualization,” commented Vice President of Business Development, Lou Peccoralo. He recently joined COLOTRAQ to head the new equipment business. Mr. Peccoralo is a 20-year telecom industry veteran with broad managerial experience in marketing, sales and operations.
According to Peccoralo, the company is currently developing an asset management program which will help reduce clients’ overall capital expenditure by providing a vehicle for utilizing their legacy IT equipment after a technology refresh.
There are equipment VARs and there are sourcing advisory companies. COLOTRAQ is bridging the gap between the two by linking the decision to purchase IT assets with the location (or colocation) selection of the asset. Summarizing COLOTRAQ’s value proposition, Peccoralo concluded, "Our clients are always looking to simplify their supply chain activities while staying within their budget. By adding the equipment piece, we’ve completed the puzzle for them. They can now purchase and relocate their equipment, anywhere in the world, from a single source with just one phone call."
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Parsippany, NJ (PRWEB) February 12, 2008 -- On February 11 COLOTRAQ, the telecom B2B marketplace pioneer, will relocate its corporate headquarters to custom build-to-suit, Class A office space in Parsippany, NJ. Moving to the new facility marks a significant milestone in the company's rapid growth and development over the past nine years. Record revenues and net income in 2007 have required rapid staff expansion. Driving the move to the new facilities, which is three times larger than their current location, is the need to accommodate the increased staff.
According to Dany Bouchedid, founder & CEO, "COLOTRAQ has experienced increased demand for its services despite growing concerns of an economic slowdown. We are in a unique position since many of our clients come to us in order to cut their total telecom and IT spending in the first place. And at the end of the day, our neutral, customer-centric approach allows us to help our clients source solutions that provide them with often dramatic cost savings and a more robust set of services."
The company's official mailing address has changed to COLOTRAQ, One Gatehall Drive, Suite 208, Parsippany, NJ 07054. The company's phone and fax numbers remain the same at 973-575-7997 and 973-575-6963, respectively.
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
COLOTRAQ's Real Estate Division offers professional real estate brokerage services real estate to enterprise clients, including: facilities qualification and acquisition services of data centers, switching and routing facilities, and point of presence (POP) sites; comprehensive premarket analysis leading to optimal site selection; expert lease negotiation; and asset valuation and disposition.
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Pine Brook, NJ (PRWEB) April 26, 2007 -- Under COLOTRAQ's newly launched referral program, COLOTRAQ will pay a percentage of monthly recurring fees for two years for any business closed from referrals to its telecom marketplace. There are no quotas or commitments and the program is non-exclusive.
But it is the depth and breadth of the COLOTRAQ telecom marketplace that make the program truly unique. Connectivity, colocation, managed services or equipment, COLOTRAQ's footprint is worldwide. No matter how specialized, technical and specific or complex and diverse, virtually any client, with any telecom need, can be referred without further qualification. Moreover, the referring partner stands to benefit from all the cross-sell business generated when the deal closes.
Because our marketplace is so comprehensive and our customer service and follow-up is so effective, our referral program is able to combine the highest commissions with the greatest number of closed deals. That means the best return for the referring partner. It's not often that such little effort pays off in such great rewards. It's practically a free lunch. Within one business day of receiving the referral, a COLOTRAQ Client Support Specialist contacts the client to discuss his needs and provide free consultation, if required. Within two business days, the client receives quotes and proposals from several service providers who offer solutions that meet his requirements. Since the client has a choice of providers competing for his business, referring a lead to COLOTRAQ is much more likely to result in a closed, commission-generating deal than if the referring partner had sent the lead directly to only one provider.
According to Dany Bouchedid, COLOTRAQ CEO, "Because our marketplace is so comprehensive and our customer service and follow-up is so effective, our referral program is able to combine the highest commissions with the greatest number of closed deals. That means the best return for the referring partner. It's not often that such little effort pays off in such great rewards. It's practically a free lunch."
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Enterprise clients needing real estate brokerage services benefit from unique combination of telecom infrastructure technical experience and market savvy.
Pine Brook, NJ (PRWEB) June 8, 2006 -- COLOTRAQ, the telecom B2B marketplace for procuring colocation, dedicated hosting, bandwidth, dark fiber, business continuity, and managed services, now offers comprehensive licensed real estate brokerage services, including:
Facilities qualification and acquisition services of data centers, switching and routing facilities, and point of presence (POP) sites.
Comprehensive pre-market analysis leading to optimal site selection.
Expert lease negotiation.
Asset valuation and disposition.
COLOTRAQ can now assist enterprise clients evaluate and implement every possible data center strategy ranging from managed hosting to complete business process outsourcing and colocation and internal data center operations. By leveraging proprietary intelligence on market-specific demand and industry trends, COLOTRAQ can also assist service providers develop successful strategies to market whether their goal is expanding capacity or entering into new markets. COLOTRAQ can now market and broker data center space throughout the continental US and parts of Europe, Asia, Middle East and Latin America. According to COLOTRAQ founder and CEO, Dany Bouchedid,
“The advantage for our clients is far more than just convenience. Not only do we have access to the same resources as the largest global real estate firms, but we also maintain the largest database on available data center space around the world. This could only be achieved by being the only B2B marketplace of our kind for the last six years. COLOTRAQ’s unparalleled expertise in Internet infrastructure and high availability environments provides our clients with added confidence when making capital intensive decisions involving data center strategy.”
COLOTRAQ’s real estate division will be headed by ground-floor veteran and Vice President, Moz Aslam. Widely recognized throughout the industry as an expert in all the various aspects of technology infrastructure, Mr. Aslam adds, “The benefits for our customers include unique access to data center specific specialists/experts and more choices. Now, when our customers are deciding to purchase or lease new space they also gain access to wholesale colocation space directly offered by colocation providers which is not being marketed by real estate brokers anywhere.”
Some of the new services offered will include:
- Site selection
- Search & identify
- Qualification analysis
- Site inspection
- Environmental assessment
- Structural assessment
- Facility procurement
- Due diligence
- Leasing negotiation
- Rights negotiations (roof rights, ROWs, etc.)
- Legal review
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