- The document analyzes key metrics and industry standards for 22 software-as-a-service companies ranging from $0-33 billion in revenue. It finds that software gross margins average 70-90% regardless of company size or growth rate. High-growth companies invest heavily in sales and marketing, often spending over 60% of revenue, while more mature companies have higher contribution margins. LinkedIn is highlighted as the only SaaS company able to achieve both high growth and a positive contribution margin.
The document provides a comparative overview of 7 software companies, including financial metrics and observations. It analyzes the companies' income statements, R&D spending, valuations based on price/sales ratios and market value add, and other metrics. Key observations include the fast growth and high valuations of cloud-focused "stars" like Salesforce, Workday and NetSuite compared to more traditional software giants like Microsoft, Oracle and SAP.
Latest edition of the Silverpeak Benchmark report - Application Software Sector, a review of key company valuation metrics in the US, UK and European application software sectors. By reviewing sector median averages, our aim is to provide a set of software industry benchmarks against which individual company performance can be measured.
The document summarizes the results of the 2015 IT Sector Census. Some key findings include:
- 945 companies from 30 countries participated, with 555 responses analyzed
- Most responses came from Latin America (87.6%), followed by Europe (7.4%) and Africa (5%)
- Brazil had the most participants (55.1%) followed by Argentina (8.5%) and other Latin American countries
- The census database with over 188,000 individual answers from 2013-2015 is available for further in-depth analysis by associations, universities, and governments to better understand IT sector trends.
Sourcing Is Now Resourcing: Providing More Savings Across the OrganizationSAP Ariba
As sourcing and procurement teams have led successful savings projects, companies are now leveraging them to help drive savings in areas beyond what they have done in the past. This session will provide insights into how procurement teams are transforming their business processes to drive sustainable savings.
ScottMadden Finance Shared Services Benchmark Highlights 2016ScottMadden, Inc.
The document summarizes findings from ScottMadden's 2016 Finance Shared Services Benchmarking Study. It provides demographics on the 108 participants in 2016 and 302 total participants. Key findings include that most participants have mature shared services centers operating for 5+ years across multiple countries, with global/regional models dominating. Policy differences were the biggest challenge to global services. Top performers had significantly better staffing ratios and lower costs than other participants.
Does VCs really add value? This is a study about the venture capitalist’s value-add. By Carl Fritjofsson (Creandum) and Henri Deshays (NewFund) in collaboration with Kauffman Fellows.
Manage Supplier Risk in Supply Chain Through Real-Time Market FeedbackSAP Ariba
Managing your supply chain in this digital age is fast changing, with the entry of new players, new innovations, and new markets that lead to new levels of risk and compliance expectations. But managing these on an ongoing basis often depends heavily on a few team members, with limited internal and external data. Without a unified, comprehensive view or mobile visibility, you can end up with a “reactive” versus a “proactive” approach. By monitoring supply chain risk in real time, using feeds from global data sources in a unified view across your organization, you can achieve visibility across all tiers of global suppliers, and more proactively address any issues that arise. Join this session to learn how SAP Ariba solutions enable organizations to routinely manage supply chain risks in real time, helping them to be in compliance and Run Simple.
Strategic Sourcing in the Digital EconomySAP Ariba
This document summarizes a presentation on strategic sourcing in the digital economy given by representatives from Singtel, Broadspectrum, and SAP Ariba. The presentation discusses how global trends are driving changes in sourcing and procurement. It then provides an overview of strategic procurement approaches at Singtel and Broadspectrum, including their category management structures and focus on integrated procurement systems. The presentation concludes with a discussion of benchmarking and data services available through SAP Ariba to help organizations measure best practices adoption and analyze spend data.
The document provides a comparative overview of 7 software companies, including financial metrics and observations. It analyzes the companies' income statements, R&D spending, valuations based on price/sales ratios and market value add, and other metrics. Key observations include the fast growth and high valuations of cloud-focused "stars" like Salesforce, Workday and NetSuite compared to more traditional software giants like Microsoft, Oracle and SAP.
Latest edition of the Silverpeak Benchmark report - Application Software Sector, a review of key company valuation metrics in the US, UK and European application software sectors. By reviewing sector median averages, our aim is to provide a set of software industry benchmarks against which individual company performance can be measured.
The document summarizes the results of the 2015 IT Sector Census. Some key findings include:
- 945 companies from 30 countries participated, with 555 responses analyzed
- Most responses came from Latin America (87.6%), followed by Europe (7.4%) and Africa (5%)
- Brazil had the most participants (55.1%) followed by Argentina (8.5%) and other Latin American countries
- The census database with over 188,000 individual answers from 2013-2015 is available for further in-depth analysis by associations, universities, and governments to better understand IT sector trends.
Sourcing Is Now Resourcing: Providing More Savings Across the OrganizationSAP Ariba
As sourcing and procurement teams have led successful savings projects, companies are now leveraging them to help drive savings in areas beyond what they have done in the past. This session will provide insights into how procurement teams are transforming their business processes to drive sustainable savings.
ScottMadden Finance Shared Services Benchmark Highlights 2016ScottMadden, Inc.
The document summarizes findings from ScottMadden's 2016 Finance Shared Services Benchmarking Study. It provides demographics on the 108 participants in 2016 and 302 total participants. Key findings include that most participants have mature shared services centers operating for 5+ years across multiple countries, with global/regional models dominating. Policy differences were the biggest challenge to global services. Top performers had significantly better staffing ratios and lower costs than other participants.
Does VCs really add value? This is a study about the venture capitalist’s value-add. By Carl Fritjofsson (Creandum) and Henri Deshays (NewFund) in collaboration with Kauffman Fellows.
Manage Supplier Risk in Supply Chain Through Real-Time Market FeedbackSAP Ariba
Managing your supply chain in this digital age is fast changing, with the entry of new players, new innovations, and new markets that lead to new levels of risk and compliance expectations. But managing these on an ongoing basis often depends heavily on a few team members, with limited internal and external data. Without a unified, comprehensive view or mobile visibility, you can end up with a “reactive” versus a “proactive” approach. By monitoring supply chain risk in real time, using feeds from global data sources in a unified view across your organization, you can achieve visibility across all tiers of global suppliers, and more proactively address any issues that arise. Join this session to learn how SAP Ariba solutions enable organizations to routinely manage supply chain risks in real time, helping them to be in compliance and Run Simple.
Strategic Sourcing in the Digital EconomySAP Ariba
This document summarizes a presentation on strategic sourcing in the digital economy given by representatives from Singtel, Broadspectrum, and SAP Ariba. The presentation discusses how global trends are driving changes in sourcing and procurement. It then provides an overview of strategic procurement approaches at Singtel and Broadspectrum, including their category management structures and focus on integrated procurement systems. The presentation concludes with a discussion of benchmarking and data services available through SAP Ariba to help organizations measure best practices adoption and analyze spend data.
This presentation from Cisco discusses the company's financial strategy and performance. It notes that Cisco aims for profitable growth through strategic investments and capital returns. Cisco is executing on shifting more of its software offerings to subscription models to drive recurring revenue and continuing to deliver earnings per share growth during this transition. The presentation also provides projections for Cisco's revenue, software revenue, recurring revenue, and deferred revenue through FY20 that indicate continued growth.
Hear how Kelly Battles, CFO of Host Analytics, works with her finance team to track key financial and operating metrics data to drive performance and keep the company on track to deliver growth in 2011. In addition, Lauren Kelley, CEO of OPEXEngine will present key software industry benchmarks from OPEXEngine’s comprehensive financial and operating benchmarking report, developed in partnership with the SIIA. Join us for this informative webinar to learn more about how the benefits of metrics-driven, fact based decision making can help you drive better performance and efficiency within your own organization.
Presenters:
Lauren Kelley, CEO & Founder, OPEXEngine
Kelly Battles, CFO, Host Analytics
About the presenters:
Lauren Kelley is CEO and founder of OPEXEngine, the leading publisher of software financial and operating benchmarks. Ms. Kelley brings 25 years of successful experience in tech company management to OPEXEngine, as well as 6 years as an international economist at the US Department of Commerce’s Office of Computers early in her career, after entering Federal service through the prestigious Presidential Management Intern program. Prior to building OPEXEngine, she worked 2 years as an executive-in-residence at Grand Banks Capital, a venture fund focused on East Coast technology companies, evaluating potential investments. She has worked and lived extensively in Europe. She was previously Senior VP of WW Sales at ATG, including establishing field operations throughout Europe and Asia/Pacific, and was a General Manager for approximately 20 countries at Borland out of Paris in the early ’90s. Ms. Kelley also helped build Compaq’s Central and East European operations, based in Munich. Ms. Kelley is currently based in London, where she lives with her husband and two children.
Kelly Bodnar Battles is the CFO of Host Analytics, inc., the only provider of a CPM (Corporate Performance Management) suite of products delivered via software as a service.
Prior to Host Analytics, Kelly was VP, Finance at IronPort Systems where she was the first finance hire and was responsible for building and leading the finance, accounting, administrative and various operational functions during her six years there. During her tenure at IronPort, the company grew from $2M to $250M in annual bookings and was sold to Cisco Systems (NASDAQ: CSCO).
Before IronPort, Kelly was a Director in HP’s Strategy and Corporate Development group, a Strategy Consultant with McKinsey and Company, and a Corporate Finance Associate at J.P. Morgan. Kelly graduated with a B.S.E. from Princeton and M.B.A. from Harvard, both with honors. Kelly lives in the Bay Area with her husband, and their 2 children, labrador retriever and rescue cat.
Dr. Carsten Lehmann, Managing Director at IMAP Germany shares valuable insights into the key factors affecting company valuations in M&A, using the IT & Software sector as an example.
This document discusses the benefits of a service-oriented architecture (SOA) for insurers. It notes that insurers are interested in SOA to help extend legacy systems, improve business processes, and make components reusable. The document outlines the evolution of SOA adoption in the insurance industry and some examples of tangible benefits realized, such as cost reductions and increased productivity. It also provides 15 rules of the road for successful SOA implementation, such as designing services around business functions and exposing each service through only one access point.
SAP Cloud Solutions for All Ariba CustomersSAP Ariba
Now that Ariba is part of the SAP family, along with several other cloud acquisitions and investments, SAP is now the biggest cloud provider in the market! These solutions do not require that customers run SAP ERP, so even if your company runs Oracle, JD Edwards, Lawson, or other ERP systems, these cloud solutions might be a fit for you.
In this session, we will discuss the SuccessFactors HR Suite of Recruitment and Talent Management solutions, the SAP Travel and Expense Management solution, and the SAP Jam collaboration platform, in addition to an overview of the rest of SAP’s cloud portfolio. Is your company headed into the cloud? If so, don’t miss this session.
True Blue Partners review of key investment and merger and Acquisition trends...Sunil Grover
The attached report highlights the key investment trends in the Service Now ecosystems. It highlights the similarity between different cloud ecosystems and tracks valuations and m&a transactions for system integtrators and NOW native software providers.
Lauren Kelley, CEO of OPEXEngine, presented on using benchmarks and peer comparisons to drive continuous improvement and top quartile performance. OPEXEngine is a leading benchmarking database for software companies, with data on over 1,000 customers ranging from $1M to $1B in revenue. Benchmarking against relevant peers allows companies to identify issues, set targets, and make incremental improvements to optimize growth, margins, and key metrics like the "Rule of 40". Kelley discussed common benchmarking use cases around improving efficiency, expanding margins, and maximizing returns on sales, marketing, and R&D investments.
This document discusses using the right tools to avoid culture clashes in DevOps environments. It provides an overview of a webinar on this topic featuring presentations by Dan Twing from EMA and Pat Cameron from HelpSystems. The webinar covered how the pace of code delivery is increasing, that DevOps requires cooperation between development and operations, and that workload automation tools can help coordinate control and enable DevOps success.
The document summarizes SAP's Capital Markets Day which outlines the company's strategy, vision, and business models. Key points include:
- SAP's strategy is focused on driving customers' digital transformation through its cloud and software products.
- SAP has seen strong growth in cloud subscriptions and support revenue which increases its share of predictable revenue.
- SAP aims to expand its cloud business while continuing to grow its core software business through products like SAP S/4HANA.
- This balanced approach allows SAP to build a larger, more profitable business with a higher proportion of recurring revenue.
Scribe Software presented on achieving integrated marketing automation through a data-driven approach. They discussed the changing landscape where data and marketing automation are increasingly important. Scribe outlined strategies for data-driven marketing like defining use cases and logical data mappings. An example was provided of capturing large customer orders from an ERP system and adding them as subscribers in a marketing automation platform. Scribe believes starting with low hanging fruit and building experience is key to success. Questions were taken at the end.
Spike it’s an online platform that makes AI accessible for all businesses, governments and other enterprises.
Every business needs artificial intelligence.
But not every business has the capability to build, maintain, and generate value from AI in-house.
Spike makes AI accessible for all businesses, governments and other enterprises.
By harnessing the power of your data to assist – not displace – humans at work, we improve business efficiency and productivity.
And all of that will be provided with:
1- mine data warehouse
2- Interactive Analytics
3- Prediction and forecasting report.
With:
* No AI or machine learning experience required.
* No infrastructure needed.
* Supporting the MENA region and we are less expensive for other solutions.
SIMPLE is a corporate performance management software that helps companies improve performance and governance. It summarizes and analyzes key performance indicators (KPIs) across all levels of an organization to identify problems and engage employees in a results-oriented culture. The software automatically integrates with other systems like ERPs and securely stores and tracks KPI modifications for collaboration.
This document provides an overview of financial and valuation trends for public software companies, including SaaS, software, and internet companies. It includes the SEG indices for each sector, which track the financial performance and public market multiples of publicly traded companies. For the SaaS index in particular, the summary shows the median revenue was $196.6M in 1Q16 with 28.6% revenue growth, -6.2% EBITDA margin, and a median EV/Revenue multiple of 4.0x. The report also includes sections on M&A trends in the software and SaaS sectors.
Inside the Enterprise Case Studies of Customer Appsdreamforce2006
The document discusses case studies of customer applications using Salesforce from various companies:
- Magma Design Automation uses Salesforce across 600 users to improve software development processes and coordination across R&D teams.
- Chevron Aviation uses Salesforce across 250 users to standardize global processes, automate manual tasks, and improve profitability analysis.
- Optimum Lightpath uses Salesforce across 350 users including custom apps to better target fiber network deployments, maximize revenue from existing infrastructure, and centralize business data.
Optimizing Project Resources and Improving Visibility in the Professional Ser...Alicia Anderson
Market volatility, increased competition, and a shortage of skilled resources all combine to create pressures on today’s services business. Making the most of the available resources and staying on top of performance levels is key to enabling growth and success.
Learn from our expert panelists in this discussion of best practices in improving these and other elements of successful professional services firms with NetSuite, the leading solution for services businesses.
For 34 years, Blytheco has designed and implemented business systems for thousands of companies nationwide. Now we are sharing our best practices with you.
Kelly kramer shareholder value draft finalir_cisco
This presentation discusses driving shareholder value at Cisco. It notes that the presentation contains forward-looking statements and projections that are only predictions, and actual results may differ. During the presentation, non-GAAP financial measures will be referenced and a reconciliation to GAAP measures is available on Cisco's website. The presentation goes on to discuss Cisco's competitive advantages in various markets, performance against its financial strategy of revenue and earnings growth with expanding margins, and strategies around operational excellence, research and development portfolio shifts, strong cash flow generation, and driving shareholder returns.
Cardtronics, the global leader in ATM deployment and management, decided to retire its on-premises Hyperion solution to gain the operational efficiencies, features, and functionality provided by a best-in-class cloud solution.
Cardtronics chose Oracle EPM Cloud including Financial Consolidation and Close, Planning, Management Reporting, Account Reconciliation, Enterprise Data Management, as well as Oracle Analytics Cloud.
In this video, project owner Richard Ng, director, financial systems, Cardtronics, discusses the migration to Oracle EPM Cloud including:
Multi-release 18-month deployment schedule across multiple countries
Benefits of a global Chart of Accounts for ERP and EPM
Seamless integration across ERP Cloud, HCM Cloud, and EPM Cloud
The document discusses SMECO's customer care and billing system replacement project. It provides an overview of SMECO utilities and its growth, challenges with its existing system. It describes Wipro as the strategic partner selected to implement the Oracle Utilities customer information system. The project strategy involved establishing governance, selecting best vendors through a rigorous process, and focusing on integration and change management.
This presentation from Cisco discusses the company's financial strategy and performance. It notes that Cisco aims for profitable growth through strategic investments and capital returns. Cisco is executing on shifting more of its software offerings to subscription models to drive recurring revenue and continuing to deliver earnings per share growth during this transition. The presentation also provides projections for Cisco's revenue, software revenue, recurring revenue, and deferred revenue through FY20 that indicate continued growth.
Hear how Kelly Battles, CFO of Host Analytics, works with her finance team to track key financial and operating metrics data to drive performance and keep the company on track to deliver growth in 2011. In addition, Lauren Kelley, CEO of OPEXEngine will present key software industry benchmarks from OPEXEngine’s comprehensive financial and operating benchmarking report, developed in partnership with the SIIA. Join us for this informative webinar to learn more about how the benefits of metrics-driven, fact based decision making can help you drive better performance and efficiency within your own organization.
Presenters:
Lauren Kelley, CEO & Founder, OPEXEngine
Kelly Battles, CFO, Host Analytics
About the presenters:
Lauren Kelley is CEO and founder of OPEXEngine, the leading publisher of software financial and operating benchmarks. Ms. Kelley brings 25 years of successful experience in tech company management to OPEXEngine, as well as 6 years as an international economist at the US Department of Commerce’s Office of Computers early in her career, after entering Federal service through the prestigious Presidential Management Intern program. Prior to building OPEXEngine, she worked 2 years as an executive-in-residence at Grand Banks Capital, a venture fund focused on East Coast technology companies, evaluating potential investments. She has worked and lived extensively in Europe. She was previously Senior VP of WW Sales at ATG, including establishing field operations throughout Europe and Asia/Pacific, and was a General Manager for approximately 20 countries at Borland out of Paris in the early ’90s. Ms. Kelley also helped build Compaq’s Central and East European operations, based in Munich. Ms. Kelley is currently based in London, where she lives with her husband and two children.
Kelly Bodnar Battles is the CFO of Host Analytics, inc., the only provider of a CPM (Corporate Performance Management) suite of products delivered via software as a service.
Prior to Host Analytics, Kelly was VP, Finance at IronPort Systems where she was the first finance hire and was responsible for building and leading the finance, accounting, administrative and various operational functions during her six years there. During her tenure at IronPort, the company grew from $2M to $250M in annual bookings and was sold to Cisco Systems (NASDAQ: CSCO).
Before IronPort, Kelly was a Director in HP’s Strategy and Corporate Development group, a Strategy Consultant with McKinsey and Company, and a Corporate Finance Associate at J.P. Morgan. Kelly graduated with a B.S.E. from Princeton and M.B.A. from Harvard, both with honors. Kelly lives in the Bay Area with her husband, and their 2 children, labrador retriever and rescue cat.
Dr. Carsten Lehmann, Managing Director at IMAP Germany shares valuable insights into the key factors affecting company valuations in M&A, using the IT & Software sector as an example.
This document discusses the benefits of a service-oriented architecture (SOA) for insurers. It notes that insurers are interested in SOA to help extend legacy systems, improve business processes, and make components reusable. The document outlines the evolution of SOA adoption in the insurance industry and some examples of tangible benefits realized, such as cost reductions and increased productivity. It also provides 15 rules of the road for successful SOA implementation, such as designing services around business functions and exposing each service through only one access point.
SAP Cloud Solutions for All Ariba CustomersSAP Ariba
Now that Ariba is part of the SAP family, along with several other cloud acquisitions and investments, SAP is now the biggest cloud provider in the market! These solutions do not require that customers run SAP ERP, so even if your company runs Oracle, JD Edwards, Lawson, or other ERP systems, these cloud solutions might be a fit for you.
In this session, we will discuss the SuccessFactors HR Suite of Recruitment and Talent Management solutions, the SAP Travel and Expense Management solution, and the SAP Jam collaboration platform, in addition to an overview of the rest of SAP’s cloud portfolio. Is your company headed into the cloud? If so, don’t miss this session.
True Blue Partners review of key investment and merger and Acquisition trends...Sunil Grover
The attached report highlights the key investment trends in the Service Now ecosystems. It highlights the similarity between different cloud ecosystems and tracks valuations and m&a transactions for system integtrators and NOW native software providers.
Lauren Kelley, CEO of OPEXEngine, presented on using benchmarks and peer comparisons to drive continuous improvement and top quartile performance. OPEXEngine is a leading benchmarking database for software companies, with data on over 1,000 customers ranging from $1M to $1B in revenue. Benchmarking against relevant peers allows companies to identify issues, set targets, and make incremental improvements to optimize growth, margins, and key metrics like the "Rule of 40". Kelley discussed common benchmarking use cases around improving efficiency, expanding margins, and maximizing returns on sales, marketing, and R&D investments.
This document discusses using the right tools to avoid culture clashes in DevOps environments. It provides an overview of a webinar on this topic featuring presentations by Dan Twing from EMA and Pat Cameron from HelpSystems. The webinar covered how the pace of code delivery is increasing, that DevOps requires cooperation between development and operations, and that workload automation tools can help coordinate control and enable DevOps success.
The document summarizes SAP's Capital Markets Day which outlines the company's strategy, vision, and business models. Key points include:
- SAP's strategy is focused on driving customers' digital transformation through its cloud and software products.
- SAP has seen strong growth in cloud subscriptions and support revenue which increases its share of predictable revenue.
- SAP aims to expand its cloud business while continuing to grow its core software business through products like SAP S/4HANA.
- This balanced approach allows SAP to build a larger, more profitable business with a higher proportion of recurring revenue.
Scribe Software presented on achieving integrated marketing automation through a data-driven approach. They discussed the changing landscape where data and marketing automation are increasingly important. Scribe outlined strategies for data-driven marketing like defining use cases and logical data mappings. An example was provided of capturing large customer orders from an ERP system and adding them as subscribers in a marketing automation platform. Scribe believes starting with low hanging fruit and building experience is key to success. Questions were taken at the end.
Spike it’s an online platform that makes AI accessible for all businesses, governments and other enterprises.
Every business needs artificial intelligence.
But not every business has the capability to build, maintain, and generate value from AI in-house.
Spike makes AI accessible for all businesses, governments and other enterprises.
By harnessing the power of your data to assist – not displace – humans at work, we improve business efficiency and productivity.
And all of that will be provided with:
1- mine data warehouse
2- Interactive Analytics
3- Prediction and forecasting report.
With:
* No AI or machine learning experience required.
* No infrastructure needed.
* Supporting the MENA region and we are less expensive for other solutions.
SIMPLE is a corporate performance management software that helps companies improve performance and governance. It summarizes and analyzes key performance indicators (KPIs) across all levels of an organization to identify problems and engage employees in a results-oriented culture. The software automatically integrates with other systems like ERPs and securely stores and tracks KPI modifications for collaboration.
This document provides an overview of financial and valuation trends for public software companies, including SaaS, software, and internet companies. It includes the SEG indices for each sector, which track the financial performance and public market multiples of publicly traded companies. For the SaaS index in particular, the summary shows the median revenue was $196.6M in 1Q16 with 28.6% revenue growth, -6.2% EBITDA margin, and a median EV/Revenue multiple of 4.0x. The report also includes sections on M&A trends in the software and SaaS sectors.
Inside the Enterprise Case Studies of Customer Appsdreamforce2006
The document discusses case studies of customer applications using Salesforce from various companies:
- Magma Design Automation uses Salesforce across 600 users to improve software development processes and coordination across R&D teams.
- Chevron Aviation uses Salesforce across 250 users to standardize global processes, automate manual tasks, and improve profitability analysis.
- Optimum Lightpath uses Salesforce across 350 users including custom apps to better target fiber network deployments, maximize revenue from existing infrastructure, and centralize business data.
Optimizing Project Resources and Improving Visibility in the Professional Ser...Alicia Anderson
Market volatility, increased competition, and a shortage of skilled resources all combine to create pressures on today’s services business. Making the most of the available resources and staying on top of performance levels is key to enabling growth and success.
Learn from our expert panelists in this discussion of best practices in improving these and other elements of successful professional services firms with NetSuite, the leading solution for services businesses.
For 34 years, Blytheco has designed and implemented business systems for thousands of companies nationwide. Now we are sharing our best practices with you.
Kelly kramer shareholder value draft finalir_cisco
This presentation discusses driving shareholder value at Cisco. It notes that the presentation contains forward-looking statements and projections that are only predictions, and actual results may differ. During the presentation, non-GAAP financial measures will be referenced and a reconciliation to GAAP measures is available on Cisco's website. The presentation goes on to discuss Cisco's competitive advantages in various markets, performance against its financial strategy of revenue and earnings growth with expanding margins, and strategies around operational excellence, research and development portfolio shifts, strong cash flow generation, and driving shareholder returns.
Cardtronics, the global leader in ATM deployment and management, decided to retire its on-premises Hyperion solution to gain the operational efficiencies, features, and functionality provided by a best-in-class cloud solution.
Cardtronics chose Oracle EPM Cloud including Financial Consolidation and Close, Planning, Management Reporting, Account Reconciliation, Enterprise Data Management, as well as Oracle Analytics Cloud.
In this video, project owner Richard Ng, director, financial systems, Cardtronics, discusses the migration to Oracle EPM Cloud including:
Multi-release 18-month deployment schedule across multiple countries
Benefits of a global Chart of Accounts for ERP and EPM
Seamless integration across ERP Cloud, HCM Cloud, and EPM Cloud
The document discusses SMECO's customer care and billing system replacement project. It provides an overview of SMECO utilities and its growth, challenges with its existing system. It describes Wipro as the strategic partner selected to implement the Oracle Utilities customer information system. The project strategy involved establishing governance, selecting best vendors through a rigorous process, and focusing on integration and change management.