ANALYTICS FOR FORTUNE 100 GLOBAL HIGH TECH MANUFACTURER

  • $40.5B in sales
  • 110,000+ employees worldwide
  • Serves 70+ countries
  • 130+ years of innovation

BUSINESS
NEED

  • Corporate leadership required data and metrics that reflected actual, real-time information in order to better predict, plan, and execute business strategies
  • Measure/monitor business performance in real time
  • Ability to stay in step with 2020 analytics and vendor roadmap

CHALLENGE

  • Numerous disparate systems and antiquated methods/processes for capturing and analyzing financial data
  • Existing solution was slow, outdated, and used point-in-time methods
  • System created challenges when it came to end-of-month/quarter/year financial reporting

SOLUTION
& RESULTS

  • Improved speed and accuracy of end-of-month/quarter/year reporting by 90%
  • Accelerated read time from days to seconds, an increase of 300%
  • Delivered and migrated to an IBM SAP/HANA solution across datacenters
  • Event-based processing allowed for quicker/safer month-end activities and ability to soft close
  • Increased overall efficiency by 75%