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Success Stories
HFM Success: Surviving Divestiture
This company is the world leader in the design, development and production of high quality electrical and electronic distribution systems for personal and commercial vehicles. With more than 60 locations in 11 countries and 35,000 employees around the world, the company meets the needs of vehicle manufacturers and their component suppliers in the major automotive centers of the world — China, Japan, Asia, Europe and USA. In 2009, the company was divested by a world leader in the production and management of aluminum and acquired by a global merger and acquisition firm focused on acquiring businesses that need operational support. Now, as a wholly-owned subsidiary, the company has the opportunity to create significant long-term value and continue its dedication to customers. Critical to this opportunity, however, is the ability to provide visibility into financial performance to their acquisition parent...
DRM Success Story
Over the years, the buzzword “single version of the truth” has made its way in and out of the offices of CFOs and CEOs around the globe. While business intelligence tools have afforded companies the ability to analyze the business in more detail than ever before, the idea of being able to make decisions that will truly impact the business continues to be a challenge for many companies. What has proven even more painful for companies is figuring out how to achieve consistent definitions, business rules, and data quality. These issues have given rise to a key Business Intelligence practice area known as Master Data Management. Master Data Management is the processes and systems used to create an effective governance model to organize non-transactional (ie, “reference”) data and provide a true single version of the truth.