Orbico Group and Business Intelligence - Present the implementation of IBM business analytics solutions
The new IBM Analytical solutions implemented by Orbico group, Europe's biggest distributor owned by Branko Roglić, was presented in Las Vegas on IBM Insight Conference 2015, during the largest "big data" conference in the world which brings together more than 13,000 participants and is the latest in the field of analytics and data management.
This is the first time that a Croatian company made a presentation in the domain of business analytics and reporting solutions. Implementation solutions were presented Romina Oreskovic, CFO Orbico Group along with Lidija Karaga, a member of the Board of Business Intelligence, the solution provider.
Orbico Group have a presence in 17 markets, strong growth in the last few years Orbico brought complexity to the process of reporting and analyzing the various groups as an important element in making business decisions.
Until implementation each company worked independently through a variety of ERP systems which made it difficult to consolidate data efficiently in order to obtain an overview of the business groups of key business dimensions such as principals and brand.
This information is needed to standardize, consolidate and enrich the additional analytical attributes and thus provide a stable platform for high-quality analysis and planning - explained Ms. Oreskovic.
The complexity of the business environment in Orbico Group played a major part in the development strategy. Orbico Group engage a variety of specifically tailored business processes in each company within the group, in addition to the fact that each of the countries in which Orbico Group operates has its own specific legal and tax regulations. As such the first and most important step was to enable the analysis of data at the same level for all companies and at the level of the whole group, then enable the integration of all data into a single database and financial consolidation, operational planning and calculation of profitability.
Orbico chose IBM analytics solutions “IBM InfoSphere DataStage” for data integration, “Cognos BI” reporting and analysis, “Cognos TM1” to support the planning and calculation of profitability, and “Cognos Controller” for financial consolidation.
The implementation of such an advanced and comprehensive system in Orbico Group, a company with has 3100 employees, approximately 41,000 customers and expects 1.2 billion plus euros in revenues will enable the teams to make faster and better business decisions for partners and customers.