TEM stands for “Technology Expense Management” or “Telecom Expense Management.” TEM solutions help companies manage their spending on technology.  TEM solutions are designed to give organizations granular insights into their IT service inventory. For the organization, this visibility allows for cost savings and optimization. Why are we seeing such rapid growth? Because organizations are struggling to understand where their IT budget is going – and they want to optimize their spending. We’re also witnessing a general increase in mobile communications since the COVID-19 pandemic. In a world where employees complete much of their work on personal devices, often with the assistance of a range of AI solutions, organizations are seeing their tech stacks grow more costly and more complex. Without a comprehensive telecom audit, you may never gain genuine visibility into your IT spending.