Private Cloud

A global financial services institution wanted to improve data management and insights delivery to their clients by revising their legacy reporting system.

 

IRI’s Private Cloud solution delivers increased flexibility and dramatically increases level of insight for the client, leading to an estimated 2x gain in efficiency.

THE CHALLENGE

The client’s existing approach to insights delivery and development consisted of static Excel and PowerPoint deliverables, coded and extracted using queries within a legacy mainframe. As a result, developing consolidated reports and insights required significant manual labour, long lead times and infrequent data updates. While powerful, the client’s data lacked any level of customization or speed, creating major hurdles in client interaction.

 
IRI is creating a custom Private Cloud solution, to sit behind the client’s firewall and serve as an end-to-end, full-scale data management and insights delivery platform.
  • IRI conducted several exploratory sessions with the client to determine their current pain points and specific needs.
  • We identified four core benefits were identified that became the foundation of the final value proposition:
Integration
Seamlessly integrating datasets that enable a deeper understanding of business performance and growth opportunities
Automation
Eliminating manual intervention to generate recurring and standardized insights deliverables
Democratization
Focusing on the most relevant opportunity insights by role and available across the entire organization
Rationalization
Minimizing the number of data points, report proliferation and information overload by personalizing and targeting the most relevant and necessary insights
 

THE RESULT

Upon deployment, the client will be able to seamlessly transition its product suite onto IRI’s Private Cloud. Report consolidation and rendering is estimated to be at least twice as fast as legacy processes in place prior to implementation, leading to an estimated 2x gain in efficiency. The retailer is now incorporating this modeling process and scenario planning into its price/promotion decision-making process in collaboration with its supplier partners across multiple categories.

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FACTS ABOUT US

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