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Multidata-Bluegarden: Success &
               Challenges Story
                               Geir Egil Myhre
                   Chief Strategy Officer R&D
                        Multidata-Bluegarden
Multidata-Bluegarden:
Scandinavia's biggest supplier within payroll and HR

  2.4 million Scandinavian employees receive their
  payslips through the group's solutions
  We produce around 30 million wage slips a year
  Market share at 20% = 90,000 customers,
  Scandinavia's biggest
  Over 600 staff at 13 local branches                          TRONDHEIM


  The Group was formed in June 2007, has a base in
  three Scandinavian countries and has roots going
                                                     BERGEN
  back to the 1960s                                           OSLO
                                                                           STOCKHOLM
  Owned by Danish banks

                                                         ÅLBORG         VÄXJÖ
                                                       HERNING
                                                                MALMÖ
                                                              BALLERUP



                                                                 Lviv    Kyiv
Multidata-Bluegarden nearshoring story so far
     Leap of Faith




45

40

35

30

25

20
                                                     FTE
15

10

 5

 0




                               -3-
Multidata-Bluegarden nearshoring story so far
      Phase lesson learnt: Start with something really important




                                 2) Nearshore next product
                                 1) Start scale-up first
     Leap of Faith




                                 product




45
                     It works!
40

35

30

25

20
                                                                    FTE
15

10

 5

 0




                                                             -4-
Multidata-Bluegarden nearshoring story so far
      Phase lesson learnt: Internal marketing is paramount




                                 2) Nearshore next product
                                 1) Start scale-up first




                                                                    First Danish product
     Leap of Faith




                                                                    nearshored
                                 product




45
                     It works!                       Rest of
40
                                                     organization
35                                                   starts
                                                     believing
30

25

20
                                                                                                 FTE
15

10

 5

 0




                                                                                           -5-
Multidata-Bluegarden nearshoring story so far
      Phase lesson learnt: Go for sustainable and controlled growth that always generates
       immediate value (results are everything, strategy is nothing)



                                 2) Nearshore next product




                                                                                                      First and second products
                                                                                                      at full capacity. Establish
                                 1) Start scale-up first




                                                                    First Danish product
     Leap of Faith




                                                                                                      internal SSC.
                                                                    nearshored
                                 product




45
                     It works!                       Rest of                               Scale up
40
                                                     organization
35                                                   starts
                                                     believing
30

25

20
                                                                                                                                    FTE
15

10

 5

 0




                                                                                                       -6-
Multidata-Bluegarden nearshoring story so far
      Phase lesson learnt: Processes must change in order to really grow




                                 2) Nearshore next product




                                                                                                      First and second products
                                                                                                      at full capacity. Establish
                                 1) Start scale-up first




                                                                                                                                    Projects start using
                                                                    First Danish product
     Leap of Faith




                                                                                                      internal SSC.




                                                                                                                                    internal SSC
                                                                    nearshored
                                 product




45
                     It works!                       Rest of                               Scale up                     Setup
40
                                                     organization                                                       internal
35                                                   starts                                                             SSC
                                                     believing
30

25

20
                                                                                                                                                           FTE
15

10

 5

 0




                                                                                                       -7-
Multidata-Bluegarden nearshoring story so far
      Phase lesson learnt: Treat your internal projects managers as customers




                                 2) Nearshore next product




                                                                                                      First and second products
                                                                                                      at full capacity. Establish




                                                                                                                                                                               Reached goal for 2012
                                 1) Start scale-up first




                                                                                                                                    Projects start using
                                                                    First Danish product
     Leap of Faith




                                                                                                      internal SSC.




                                                                                                                                    internal SSC
                                                                    nearshored
                                 product




45
                     It works!                       Rest of                               Scale up                     Setup                              Internal projects
40
                                                     organization                                                       internal                           start choosing
35                                                   starts                                                             SSC                                NDC resources
                                                     believing
30

25

20
                                                                                                                                                                                                       FTE
15

10

 5

 0




                                                                                                       -8-
Internal SSC Critical Success Factors
  Be a «Virtual Private Resource Supplier» (broker business model)
      Handle all contract management
      Handle all internal onboarding
      Make it easier to use NDC than to not use NDC


  Internal value proposition
      Make it Cost-effective – save any BC
      Make it Low-risk – hold project hands and resolve issues
      Make it Easy – help projects start («just tell me when and what»)
      Make it Relevant – provide resources that know MDBG




                                    -9-

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Geir Egil Myhre_Nearshoring at Multidata_Bluegarden - success and challenges story

  • 1. Multidata-Bluegarden: Success & Challenges Story Geir Egil Myhre Chief Strategy Officer R&D Multidata-Bluegarden
  • 2. Multidata-Bluegarden: Scandinavia's biggest supplier within payroll and HR 2.4 million Scandinavian employees receive their payslips through the group's solutions We produce around 30 million wage slips a year Market share at 20% = 90,000 customers, Scandinavia's biggest Over 600 staff at 13 local branches TRONDHEIM The Group was formed in June 2007, has a base in three Scandinavian countries and has roots going BERGEN back to the 1960s OSLO STOCKHOLM Owned by Danish banks ÅLBORG VÄXJÖ HERNING MALMÖ BALLERUP Lviv Kyiv
  • 3. Multidata-Bluegarden nearshoring story so far Leap of Faith 45 40 35 30 25 20 FTE 15 10 5 0 -3-
  • 4. Multidata-Bluegarden nearshoring story so far  Phase lesson learnt: Start with something really important 2) Nearshore next product 1) Start scale-up first Leap of Faith product 45 It works! 40 35 30 25 20 FTE 15 10 5 0 -4-
  • 5. Multidata-Bluegarden nearshoring story so far  Phase lesson learnt: Internal marketing is paramount 2) Nearshore next product 1) Start scale-up first First Danish product Leap of Faith nearshored product 45 It works! Rest of 40 organization 35 starts believing 30 25 20 FTE 15 10 5 0 -5-
  • 6. Multidata-Bluegarden nearshoring story so far  Phase lesson learnt: Go for sustainable and controlled growth that always generates immediate value (results are everything, strategy is nothing) 2) Nearshore next product First and second products at full capacity. Establish 1) Start scale-up first First Danish product Leap of Faith internal SSC. nearshored product 45 It works! Rest of Scale up 40 organization 35 starts believing 30 25 20 FTE 15 10 5 0 -6-
  • 7. Multidata-Bluegarden nearshoring story so far  Phase lesson learnt: Processes must change in order to really grow 2) Nearshore next product First and second products at full capacity. Establish 1) Start scale-up first Projects start using First Danish product Leap of Faith internal SSC. internal SSC nearshored product 45 It works! Rest of Scale up Setup 40 organization internal 35 starts SSC believing 30 25 20 FTE 15 10 5 0 -7-
  • 8. Multidata-Bluegarden nearshoring story so far  Phase lesson learnt: Treat your internal projects managers as customers 2) Nearshore next product First and second products at full capacity. Establish Reached goal for 2012 1) Start scale-up first Projects start using First Danish product Leap of Faith internal SSC. internal SSC nearshored product 45 It works! Rest of Scale up Setup Internal projects 40 organization internal start choosing 35 starts SSC NDC resources believing 30 25 20 FTE 15 10 5 0 -8-
  • 9. Internal SSC Critical Success Factors Be a «Virtual Private Resource Supplier» (broker business model) Handle all contract management Handle all internal onboarding Make it easier to use NDC than to not use NDC Internal value proposition Make it Cost-effective – save any BC Make it Low-risk – hold project hands and resolve issues Make it Easy – help projects start («just tell me when and what») Make it Relevant – provide resources that know MDBG -9-