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Net worth - service as a success driver

Net worth - service as a success driver

By:  Joaquim P. Menezes  On: 11 Mar 2007 For: IT World Canada Creator

In 1988, responding to an ad in the London Financial Times, Allen Timpany purchased Vanco – which was then a data services company – for the grand sum of UK £1. Vanco has undoubtedly come a long way since then and today the company has more than 200 clients across all industry verticals, managing business networks in 155 countries. Timpany speaks to IT World Canada's online editor, Joaquim P. Menezes on his company's strategies for success.

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View video of interview with Allen Timpany.

Length: 16.04 minutes. Type of file: Widows Media Video.

Hello, I'm Joaquim Menezes, Web Editor of IT World Canada. Welcome to this edition of Voices, which is being recorded in the beautiful city of Prague in The Czech Republic. I'm here covering an International Media Conference hosted by Vanco PLC, a global virtual network operator based in London England. My guest on the program is Vanco CEO, Allen Timpany, who in 1988, purchased Vanco – which was then a data services company – for the grand sum of UK £1. Vanco has undoubtedly come a long way since then and today the company has more than 200 clients across all industry verticals, managing business networks in 155 countries.

Allen in your presentation earlier today, you talked about two areas where Vanco delivers value – one: the market-facing domain in tasks such as independent selection of carriers, ongoing carrier management, and two: the service wrap around that. How important is the service component getting relative to the other deliverables?

All providers of networks need to understand that you're running a key part of the enterprise's infrastructure. We think in our business that if the network fails, within five seconds you're going to affect some sort of business process. It could be a queue of customers waiting at the door or some manufacturing process. So it's this incredibly important and time critical.

Against that background, the quality of service in the broadest sense is as important, if not more important than price. Price is obviously always going to be important. But if it starts to affect customer service, the reputation of the business or manufacturing processes, then it has a very significant cost. And even if something appeared to be cheap originally, it suddenly looks very expensive.

What we're seeing in our own experience as well as in the ICM research that we conducted is that customer – in the sense of making sure that projects are done on time, that networks are reliable and available, that there's information about performance issues and things are managed before they become a real problem to the company, are becoming even more important to enterprises as they depend upon their networks.

This morning you cited several Vanco initiatives to enhance the level of service it offers customers – and you specifically mentioned the V-Spond program. Tell us more about this program.

There are a number of specific initiatives that we have created, which we think are original on a global basis. We've put real thought into what matters to customers. One thing we do is to allow the maximum opportunity for our enterprise customers to comment on our service. So we're really open to having criticisms and positive observations as well.


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Joaquim P. Menezes Joaquim P. Menezes is a contributor to the International Data Group (IDG) News Service, which publishes global technology stories from bureaus around the world to more than 300 publications in more than 60 countries.

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