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Global Pandemic: A Case for Cash Preservation Strategies

COVID-19 took the world by complete surprise, a typical “Black Swan” event. It has forced businesses to immediately focus on the key elements that matter most for survival. Many leadership teams have moved quickly to set up CEO war rooms (senior, dedicated, cross-functional teams that are empowered to make rapid decisions) to: Understand the risks…

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Managing Complex Data Landscapes

SAP HANA ticks all the boxes for manageability, speed and usability SAP HANA (high-performance analytic appliance) is an application produced by SAP, a European multinational software corporation that makes enterprise software to manage business operations and customer relations.One of its main features is that it uses in-memory database technology that can rapidly process massive amounts of…

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Resource efficiency for Complex planning models

Cognos TM1 / Planning Analytics, is a powerful in-memory, online analytical processing (OLAP) database technology used to model and process large sets of data.  The database uses a calculation and consolidation engine that together process complex calculations and feeds the results to multiple cubes within the database as well as other databases as required. While…

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IBM Planning Analytics in action

A great example of how IBM planning and analytics can make a significant difference to a company is well illustrated by the consumer goods giant Unilever. Established in the 1890s and the owner of brands such as Lipton, Knorr, Ben & Jerry’s and Dove, it had expanded over the years in a siloed fashion with…