Technology
SAP BO, Java SDK, Data Viz
Time
16 Months
Team
13 member Team
About Client:
Our Client is one of the top 20 Life Insurance & Annuity carrier, insuring millions of people from celebrities to working people in every state around the country. With $30 Billion Assets under management and core earnings of more than $200 million annually, the client has been in business for more than 150 years and has a lot of legacy platforms and insurance products.
Project Scope and Objectives:
Our client, a leading defense contractor, faced a critical challenge of managing 1400 different projects with 1300 engineers available and 60% of their engineers having 50% of their schedules unfilled, leading to inefficiencies and high costs. The company sought to automate the process of matching engineers to projects based on their skill sets, security clearance, and location. Additionally, project timelines were continuously changing, necessitating a solution that could provide real-time updates every two hours. The goal was to offer project managers seven suitable engineer options for each task, factoring in budget constraints and geographical proximity.
Challenge:
To provide a better unified platform for the business to analyze, visualize and extract intelligent reports in the most effective & cost-efficient way possible.
Case:
The Client has been using SAP Business Objects and SAP Webi Reports for years together accumulating 7000+ reports and using it as a data integration tool for the agent portal. The business users were dependent on the tech folks entirely to develop and obtain the reports and intelligence which made the process lengthy and undesirable. And due to lack of analytical capability, the users used SAP BO to download reports in MS Excel and thereby massage the data according to their needs and analysis.This led to inconsistency in values of similar data objects common in various reports The business started using the tool without proper governance over the data sources, which resulted in numerous duplicate and denormalized reports. Ultimately, the tool became the bottle neck for any project and future initiatives in the company.
Solution:
TekLeaders helped in bringing in a cross functional solution which automated the Migration process of SAP BO to the new Data Viz Platform. This far-reaching platform incorporates reporting, sharing, in built analytics and governance giving a sense of relief to the business.
- 30% reduced cost & 70% reduced annual maintenance
- Better reports and intelligence
- Accountability
- Engaging Visualization
- In built Financial analytics including forecasting
- SAP Publications converted to automated workflows
- Secure report delivery using subscription-based framework
Impact:
Due to the Comprehensive Solution deployed in the company, the platform revamped the entire reporting experience resulting in the sunsetting of SAP Business Objects towards the end of the project.
- SAP BO Sunset
- All reports Normalized
- 3500 Individual User reports reduced to 25 reports
- 7000+ reports reduced to 126 reports after normalizing and no redundancy approach
- Reduced the loading and processing time of reports from 6 minutes to 3 seconds
- Steep increase in positive user experience and usability
- Entire organization reaches to one single platform for reports
