02 Sep Up-scale your information systems with little disruption or cost
Many growing businesses struggle to get a timely “single view of the truth” because they have multiple systems used by different teams spread across multiple locations. The time taken to collect the information often means it’s out of date by the time it is gathered.
As organisations grow organically or through acquisitions they often struggle to cope due to scalability challenges and lack of interoperability between multiple systems.
In the case of acquisitions, the dilemma arises between trying to manage yet another system and getting meaningful management and reporting between the parent company and them, or the extremely costly option of consolidating the new entity into the parent company’s legacy systems.
Recently a large infrastructure company in the region bought an Australian firm and spent upwards of 20 million dollars transitioning the acquired firm over to its own systems.
A more cost effective and less disruptive option is to keep the existing system and standardise the new data into the parent’s data structure using a cloud based solution layer. This ensures the business continues operating without interruption, data accuracy is ensured and real-time visibility across the legacy applications can occur without huge cost or disrupting “Business as usual”.
To learn about the strategic information system solution that helped insurance companies manage the huge complexity of the Christchurch earthquakes, read the white paper MANAGING MASSIVE DISRUPTION: Information Management insights from the world’s third largest insurance event.