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Customer Success Story
Bonneville International Uses Analytics to
Make Better Decisions in the Minute-by-Minute
World of Broadcasting
With the Adaptive Suite as the foundation for a modernized
approach to analytics, Bonneville International becomes an
industry pioneer
“In today’s society, you don’t have the time to
turn a big ship slowly. You have to do it efficiently
and effectively, and that’s where we see the
analytics we get from Adaptive Insights as a true
driving force.”
—Kent Nate, CFO
The ever-changing broadcast media industry is impacted by everything from consumers’
fluid interests and viewing habits, to current events and advancements in modern
technology. Being able to quickly adapt to those changes is what separates the middle
of the pack from the cream of the crop.
Just ask Bonneville International’s CFO Kent Nate and Director of Analytics Tim
Swift—the architects of Bonneville’s best-in-class FP&A system. It’s a system through
which department leaders across the business can access analytics to better
understand their team’s performance, and how that performance impacts the success
of the company’s radio and television broadcasts across four U.S. markets.
“Our employees can pull the past, present, and future analytics they need to make
timely decisions, at any time,” Nate said. The FP&A system Nate and Swift spearheaded
includes executive dashboards; the flexibility to create what-if scenarios; data
analysis segmented by market and line-of-business; and visual analytics that the entire
leadership team can understand, trust, and access from anywhere, at any time.
Copyright ©2014 Adaptive Insights. All rights reserved. All products and services referenced herein are either trademarks or registered trademarks of their respective companies. CS_Bonneville_100815
Bonneville International
Corporation
Media & Advertising
Salt Lake City, Utah
Bonneville International
Corporation owns and operates
radio and TV stations in Los
Angeles, Seattle, and Phoenix
markets. Its radio stations
broadcast news, traffic and
weather information, music,
and sports talk programming;
and television station broadcasts
news and entertainment
programming, and shows. The
company was founded in
1964 and is headquartered in
Salt Lake City, Utah.
Customer Success Story
Copyright ©2014 Adaptive Insights. All rights reserved. All products and services referenced herein are either trademarks or registered trademarks of their respective companies. CS_Bonneville_100815
“With Adaptive Insights,
we’ve opened-up new
ways for [employees] to
look at information and
shifted the conversation
from, ‘What do you think
ratings will be next year?’,
to ‘We know that the
ratings in February are X,
so we know the impact
is going to be Y three
months from now.’ It’s
a much more precise
methodology.”
— Kent Nate, CFO
Bonneville creates a modern strategy for a
new business environment
The broadcast media landscape changed significantly when an economic recession caused
a dramatic, industry-wide drop in marketing spend. The recession also came at a time
when alternative methods of marketing like digital and online ads were coming into play.
“Those two factors created much slimmer margins throughout our industry,” Nate recalled.
“We were forced to evaluate how we could be profitable in this new type of environment.”
That evaluation was the tipping point of change. As part of a new profitability strategy,
the company invested in modern, cloud-based performance management technology
from Adaptive Insights that has since helped the team to create a centralized source of
performance metrics for smarter, faster, more efficient use of data. The investment has
become a true business edge according to Nate, helping the company make several
key, revolutionary moves in the media industry.
Insights pioneer the move across the dial
Using analytics on audience listening habits, Bonneville learned earlier than most that
an increasing number of listeners were moving away from the AM dial. As a result,
the company was the first to move news talk radio from AM to FM. And later, when the
analytics in its Phoenix market showed that less than 20% of men in the market listen
to AM radio, the company again switched its Phoenix sports talk show to FM.
“These early moves allowed us to dominate for a period of time before others figured it
out,” Nate said, explaining how consolidating historical data from each market has helped
the team to more easily predict trends and make early decisions. “All of our historical
data from ratings, to revenue sources, to average unit rates, to inventory utilization live in
Adaptive. In the case of our Phoenix market, we used that consolidated data view to
also build scenario models in Adaptive, which helped us decide to make the change to
FM. It’s been a great move for us.”
Data-driven revenue and expense
management at new speed of business
Historically, Bonneville has segmented analytics by individual departments and locations.
With its new system of analytics, the team can cross-pollinate information and evaluate
important pieces of data from an entire business perspective, not just from the view of a
single function.
Corporate Headquarters
3350 W. Bayshore Road, Suite 200
Palo Alto, CA 94303
T: +1 800 303 6346
F: +1 650 528 7501
UK / Ireland Headquarters
88 Wood Street London,
EC2V 7RS, UK
T: +44 0 208 528 1767
Australia Headquarters
Level 1, 7 Clunies Ross Court
Eight Mile Plains, QLD 4113, Australia
T: +61 7 3118 5013
F: +61 7 3041 6020
adaptiveinsights.com
adaptiveinsights.co.uk
info@adaptiveinsights.com
sales@adaptiveinsights.com
press@adaptiveinsights.com
support@adaptiveinsights.com
Customer Success Story
For example, the Bonneville programming group was once the only team that would
monitor and utilize ratings data. But that information is also important to sales and
finance teams at the forefront of generating revenue and managing expenses. Today, with
historical data from each market consolidated in Adaptive, multiple department leaders
can access and evaluate their performance based on the same information. This modern,
cross-functional use of analytics has given the team a new, faster capacity to identify
and respond to risks and opportunities. According to Nate, that’s an invaluable benefit in
today’s media market.
“We used to be able to make changes slowly and survive,” he said. “But in today’s society,
you don’t have the time to turn a big ship slowly. You have to do it efficiently and
effectively, and that’s where we see the analytics we get from Adaptive Insights as a true
driving force.”
A culture of self-service information
gathering and accountability
Operational managers at Bonneville no longer wait for finance to run reports. They
have constant access to information they need, and they’re each accountable for creating,
managing, and making decisions based on their own financial budgets. That high
participation has shifted the entire business discussion from an instinctive one, to a
data-driven dialogue deeply rooted in numbers that employees trust.
“Our people are skilled and experienced in the industry, so most of what they did was
based on that experience,” Nate explained. “With Adaptive Insights, we’ve opened-up
new ways for them to look at information and shifted the conversation from, ‘What do
you think ratings will be next year?’, to ‘We know that the ratings in February are X, so
we know the impact is going to be Y three months from now.’ It’s a much more precise
methodology.”
The company’s new methodology is only possible if the data is easily accessible, with
access controls for how the data is presented to particular people and teams.
“We specifically chose a cloud solution because we wanted control of our own
environment,” said Nate. “We wanted a turnkey solution to put on top of our data so we
could analyze the business on our own and become more efficient. That’s exactly what
we got with Adaptive, and that’s a huge competitive advantage for us.”

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Bonneville-Adapitve-Insights-Suite_0

  • 1. Customer Success Story Bonneville International Uses Analytics to Make Better Decisions in the Minute-by-Minute World of Broadcasting With the Adaptive Suite as the foundation for a modernized approach to analytics, Bonneville International becomes an industry pioneer “In today’s society, you don’t have the time to turn a big ship slowly. You have to do it efficiently and effectively, and that’s where we see the analytics we get from Adaptive Insights as a true driving force.” —Kent Nate, CFO The ever-changing broadcast media industry is impacted by everything from consumers’ fluid interests and viewing habits, to current events and advancements in modern technology. Being able to quickly adapt to those changes is what separates the middle of the pack from the cream of the crop. Just ask Bonneville International’s CFO Kent Nate and Director of Analytics Tim Swift—the architects of Bonneville’s best-in-class FP&A system. It’s a system through which department leaders across the business can access analytics to better understand their team’s performance, and how that performance impacts the success of the company’s radio and television broadcasts across four U.S. markets. “Our employees can pull the past, present, and future analytics they need to make timely decisions, at any time,” Nate said. The FP&A system Nate and Swift spearheaded includes executive dashboards; the flexibility to create what-if scenarios; data analysis segmented by market and line-of-business; and visual analytics that the entire leadership team can understand, trust, and access from anywhere, at any time. Copyright ©2014 Adaptive Insights. All rights reserved. All products and services referenced herein are either trademarks or registered trademarks of their respective companies. CS_Bonneville_100815 Bonneville International Corporation Media & Advertising Salt Lake City, Utah Bonneville International Corporation owns and operates radio and TV stations in Los Angeles, Seattle, and Phoenix markets. Its radio stations broadcast news, traffic and weather information, music, and sports talk programming; and television station broadcasts news and entertainment programming, and shows. The company was founded in 1964 and is headquartered in Salt Lake City, Utah.
  • 2. Customer Success Story Copyright ©2014 Adaptive Insights. All rights reserved. All products and services referenced herein are either trademarks or registered trademarks of their respective companies. CS_Bonneville_100815 “With Adaptive Insights, we’ve opened-up new ways for [employees] to look at information and shifted the conversation from, ‘What do you think ratings will be next year?’, to ‘We know that the ratings in February are X, so we know the impact is going to be Y three months from now.’ It’s a much more precise methodology.” — Kent Nate, CFO Bonneville creates a modern strategy for a new business environment The broadcast media landscape changed significantly when an economic recession caused a dramatic, industry-wide drop in marketing spend. The recession also came at a time when alternative methods of marketing like digital and online ads were coming into play. “Those two factors created much slimmer margins throughout our industry,” Nate recalled. “We were forced to evaluate how we could be profitable in this new type of environment.” That evaluation was the tipping point of change. As part of a new profitability strategy, the company invested in modern, cloud-based performance management technology from Adaptive Insights that has since helped the team to create a centralized source of performance metrics for smarter, faster, more efficient use of data. The investment has become a true business edge according to Nate, helping the company make several key, revolutionary moves in the media industry. Insights pioneer the move across the dial Using analytics on audience listening habits, Bonneville learned earlier than most that an increasing number of listeners were moving away from the AM dial. As a result, the company was the first to move news talk radio from AM to FM. And later, when the analytics in its Phoenix market showed that less than 20% of men in the market listen to AM radio, the company again switched its Phoenix sports talk show to FM. “These early moves allowed us to dominate for a period of time before others figured it out,” Nate said, explaining how consolidating historical data from each market has helped the team to more easily predict trends and make early decisions. “All of our historical data from ratings, to revenue sources, to average unit rates, to inventory utilization live in Adaptive. In the case of our Phoenix market, we used that consolidated data view to also build scenario models in Adaptive, which helped us decide to make the change to FM. It’s been a great move for us.” Data-driven revenue and expense management at new speed of business Historically, Bonneville has segmented analytics by individual departments and locations. With its new system of analytics, the team can cross-pollinate information and evaluate important pieces of data from an entire business perspective, not just from the view of a single function.
  • 3. Corporate Headquarters 3350 W. Bayshore Road, Suite 200 Palo Alto, CA 94303 T: +1 800 303 6346 F: +1 650 528 7501 UK / Ireland Headquarters 88 Wood Street London, EC2V 7RS, UK T: +44 0 208 528 1767 Australia Headquarters Level 1, 7 Clunies Ross Court Eight Mile Plains, QLD 4113, Australia T: +61 7 3118 5013 F: +61 7 3041 6020 adaptiveinsights.com adaptiveinsights.co.uk info@adaptiveinsights.com sales@adaptiveinsights.com press@adaptiveinsights.com support@adaptiveinsights.com Customer Success Story For example, the Bonneville programming group was once the only team that would monitor and utilize ratings data. But that information is also important to sales and finance teams at the forefront of generating revenue and managing expenses. Today, with historical data from each market consolidated in Adaptive, multiple department leaders can access and evaluate their performance based on the same information. This modern, cross-functional use of analytics has given the team a new, faster capacity to identify and respond to risks and opportunities. According to Nate, that’s an invaluable benefit in today’s media market. “We used to be able to make changes slowly and survive,” he said. “But in today’s society, you don’t have the time to turn a big ship slowly. You have to do it efficiently and effectively, and that’s where we see the analytics we get from Adaptive Insights as a true driving force.” A culture of self-service information gathering and accountability Operational managers at Bonneville no longer wait for finance to run reports. They have constant access to information they need, and they’re each accountable for creating, managing, and making decisions based on their own financial budgets. That high participation has shifted the entire business discussion from an instinctive one, to a data-driven dialogue deeply rooted in numbers that employees trust. “Our people are skilled and experienced in the industry, so most of what they did was based on that experience,” Nate explained. “With Adaptive Insights, we’ve opened-up new ways for them to look at information and shifted the conversation from, ‘What do you think ratings will be next year?’, to ‘We know that the ratings in February are X, so we know the impact is going to be Y three months from now.’ It’s a much more precise methodology.” The company’s new methodology is only possible if the data is easily accessible, with access controls for how the data is presented to particular people and teams. “We specifically chose a cloud solution because we wanted control of our own environment,” said Nate. “We wanted a turnkey solution to put on top of our data so we could analyze the business on our own and become more efficient. That’s exactly what we got with Adaptive, and that’s a huge competitive advantage for us.”