Often burrowing unnoticed within an organization's operational costs is spending on meetings and events. The popular acronym for this category of spend is Meetings, Incentives, Conferences and Exhibitions (MICE), which is connected and sometimes grouped with Travel and Entertainment (T&E). Aberdeen Group reviewed survey data from more than 300 enterprises and determined that best-in-class organizations can control MICE like other spend categories. Aberdeen has found that best-in-class organizations have achieved cost savings, such as the 11.4% annual savings on meetings spend reported in this new benchmark report. Aberdeen's research also revealed certain technology solutions facilitate strategic meetings management, particularly the adoption of corporate meetings calendars on an enterprise-wide basis.