Welcome to Invenio – SAP solutions and services with a difference

Invenio is an SAP Gold Partner that delivers innovative SAP solutions, services and support for your industry. We focus our solution expertise in media, public sector and consumer products industries and deliver specialised solutions for tax & revenue management, supplier self-service procurement and the SAP HANA® platform. Our deep knowledge and experience in your industry sector means that we can help you tailor your solution using best practices so it works appropriately in your particular business situation. This specific expertise and the vast array of SAP tools that we use, ensure you get the best value for your investment.

We’ve won many awards for our SAP work, and we’d like to bring that same success to your business to help it run better.

 
 

LATEST NEWS

IQ Winnersh, READING, UK –04 August 2015The Standard Media Group (TSMG), one of the largest publishing houses in Kenya selected SAP Gold Partner, Invenio Business Solutions, to implement a comprehensive SAP ERP & IS-Media solution across its organisation. The initial roll-out was completed in just six months, enabling TSMG to utilise SAP and transition its business from a manually operated system, to a fully automated business.

TSMG has dramatically increased the efficiency and accuracy of its processes. Invenio played a crucial role as lead implementation partner in the project and continues to provide ongoing technical support since the completion of the implementation.

TSMG is a modern media organisation with a diverse business portfolio, comprising traditional and new media outlets and services including, the printing and distribution of newspapers including The Standard Newspaper, the oldest newspaper in East Africa, as well as broadcasting of television and radio, and internet and outdoor services.

TSMG’s management was unable to attain a clear view on how the organisation was performing and had poor access to data with the previous manual system which was in place. Information continued to be late and lacked accurate detail leading to a poor critical decision making process and reduced profitability. For example, the business had no visibility or data about the number of sales and returns of print publications across sales outlets. It was also challenging to control revenue leakages and fraudulent activity from internal and external customers.

By automating its business processes with SAP, TSMG has been able to control these major revenue leakages, and has streamlined the sales and returns process. It also has better visibility of the number of transactions completed, increased inter-departmental efficiency through transparency and integration and introduced real time analysis to adapt its market strategy for different regions, maximising profits.

TSMG relied on Invenio’s technical expertise as an SAP Gold Partner, to ensure that the business transformation was as smooth as possible. To make this automation successful, it chose to work with a specialised SAP implementation provider with vast experience in Media. Invenio’s knowledge of the media market and its customers also provided TSMG with the right consultancy and advice to take full advantage of their business change.

Orlando Lyomu, Finance Director, Standard Media Group said, “This is a significant transition for our business. We selected Invenio Business Solutions to switch from an ineffective, manual operated system to an automated and integrated system to improve efficiency and accuracy across the group. This was made possible through having a committed and experienced partner who has an expert team available 24/7. The speed of implementation for the initial phase means we are realising the benefits of SAP even more quickly than anticipated and reducing the time to achieving ROI. The reassurance which Invenio offers us around support and maintenance also gives me great confidence that we will continue to drive the maximum benefit from our SAP investment as time progresses.”

Partho Bhattacharya, CEO, Invenio Business Solutions, commented, “Many organisations still have outdated, manual, business processes which waste time and money and are often laden with inaccuracies. In order to keep up with the competition in this day and age, both up-to-date technology and know-how surrounding the implementation is essential. We are so pleased to deliver this project in Standard Media Group, who worked very hard with us on making the project successful”.

– Ends –

About Invenio

Invenio Business Solutions is an award-winning Business System Provider, head quartered in Reading, UK. The company supports 45 customers in the government, media and manufacturing segments, in areas that include industry-specific enterprise resource planning (ERP), tax and revenue management, business intelligence, big data, mobility, CRM and integration solutions. Formed in 2006, the company has subsidiary offices in India, Germany, Mauritius, Saudi Arabia, Dubai and the U.S.A. Throughout its history, Invenio has grown rapidly, organically and profitably. Invenio is a constituent of The Sunday Times Tech Track 100 for 2012, 2013 and 2014. Invenio is a SAP Gold partner and recipient of numerous awards from SAP including EMEA Regional Partner Excellence Award 2014 in the category “Database & Technology” for its work with SAP HANA®.  Invenio is also accredited for SAP’s global partner quality program.

About Standard Media Group

The Standard Group Limited (also The Standard Media Group) is an integrated media house headquartered in Nairobi, Kenya. Its brands include The Standard newspaper, The Nairobian weekly, Publishers Distribution Services (PDS) that distributes local and international magazines and periodicals, Kenya Television Network (KTN) and KTN News Channels, Radio Maisha, Think Outdoor (billboards) and Online business under the trade name of Standard Digital. The Standard Media Group which was founded in 1902, is listed at the Nairobi Securities Exchange and has bureau offices spread throughout the country. The Group and its journalists have won numerous Journalism Excellence Awards (AJEA) sweeping several categories for print and television reporting and is also an INMA (International News Media Association) award winner for the Public Service category. Renown for some of the most cutting edge journalism, The Standard Media Group is considered the home of journalistic talent. Read more at: http://www.standardmedia.co.ke

Media Contact:

Marie Tuffy

+44(0)330 440 1800

125, Wharfedale Road, IQ Winnersh

Reading.

RG41 5RB

Marie.tuffy@invenio-solutions.com

Only last Manufacturing SAPyear, industry body EEF found that more than a quarter of UK manufacturers lagged behind rivals because they invest less in innovation. This has resulted in them struggling to remain competitive, particularly in today’s globalised economy.

With that in mind, it’s great to see that one year on, the manufacturing industry is taking steps towards changing this. EEF’s research from June this year found that it is now investing more heavily in technology and skills to help boost productivity. The idea behind this investment is to drive competition today, and secure future growth in the industry.

While this will have a positive impact, there is a lot more manufacturers should be doing. By following the below three steps, they can make this development faster, smoother and more effective.

  1. Forge relationships

In today’s global economy, markets are complex and barriers to smooth operation are endless – language, legal and consumer preference to name a few. Industry knowledge and understanding of each of the markets is important for manufacturers who want to continue to grow.

Having all this expertise in house is almost an impossible task and so forging the right business relationships is key. Partners who have specific tech knowhow can help remove any headaches that arise as a result of changing legislation for example. By building the right relationships, complexity can be eliminated, enabling manufacturers to concentrate on increasing productivity.

  1. Understand your customers

If manufacturers are to effectively serve customers beyond the core products they offer, they must look to build a better understanding of them. Knowing their customer, understanding what they do and the challenges they face is a good starting point. But this should be extended to include having a deep knowledge of the industry in which they operate.

This will not only help to solve short time crises but through a consultative and integrated approach, this will also mean they can better support in the long term, planning for growth and strategic change.

  1. Simplify the supply chain

Traditionally, most supply chains were designed from the factory outwards and focused on optimising supplier operations, particularly in terms of cost and efficiency. The rules of competition are changing though – customers are more demanding, products are more easily copied and markets are commoditised.

This has resulted in increasing customer complexity and changing competition, presenting UK manufactures with a new challenge. In order to truly succeed, manufacturers need to reduce the number of suppliers. By consolidating these and being more open and transparent, manufacturers will quickly build trust with customers which will help them increase productivity.

The increased investment in UK manufacturing is a step in the right direction and will undoubtedly result in greater productivity. However, there is still a lot more they can do. This development will be a lot more effective if they review how they do business. Forging the right business relationships, gaining an understanding of the pain points their customers face and making the supply chain as simple as possible will futureproof the UK’s manufacturing industry.

We can help

If you would like more information about Invenio’s SAP solutions call us today on +44 (0)330 440 1800, or complete our online enquiry form for further information.

When things go wrong, you know who your friends are and who you can trust. This is true in life, but so too in our business relationships and in the alliances that we forge with partners and suppliers. It’s one thing to provide a customer with a good, consistent service when things are on track, but what about when the ship hits the rocks? When projects unexpectedly de-rail and unforeseen complications occur, the best suppliers become trusted partners. Some of the strongest relationships are those that are borne through baptism of fire.

As a Global SAP support provider, there are two key trigger points at which a new customer engages with us as an SAP partner. They are either going through a mandated review process at the end of a fixed-term contract, or they’re in a crisis situation in need of immediate help and resolution. If you can prove yourself in the latter scenario, then the relationship will be often be stronger, longer lasting and more collaborative as a result.SAP_Gold_Partner But, how can organisations turn a fire fighting exercise into a long term business relationship?

Understand the customer and their market

As with any new customer project, getting up and running quickly is essential. Increasingly, expenditure on IT projects – and in our case, SAP implementations – has the eyes of the board firmly on it. As such, the project must run as smoothly as possible, and deliver ROI in the shortest time possible. When a partner is stepping into an already fraught situation, the need for quick resolution is greater than ever. Integral to this is knowing the customer and market inside out. What is a company’s specific pain point?

What are the wider market pressures impacting their bottom line? How is their market evolving and how can you support this shift? Senior decision makers need the confidence that comes from having a partner who understands the unique intricacies of their industry and the challenges they face. In the SAP sector, suppliers and partners need deep technical knowledge of SAP solutions, coupled with specialist knowledge of – often complex – vertical markets. Not only is this knowledge beneficial to solve short term crises, but through a consultative, integrated approach the relationship is built to help plan long-term growth and strategic change.

Be transparent and keep it simple

Market trends and budgetary constraints mean that IT strategy towards partners and suppliers can vary dramatically. Strategies oscillate between the desire to consolidate the number of suppliers and consultancies they use to establishing a broader portfolio of ‘best of breed’ suppliers who offer a range of services.

However, in either scenario one thing remains true. IT managers and decision makers want to work with suppliers who provide a transparent and simple service. Especially if stepping in to resolve a crisis situation – time spent wrangling with procurement is time wasted. An open and transparent approach to any relationship is key. This should be felt throughout the duration of the relationship. Consider the following things: does a supplier have a simple and straightforward contract that clearly outlines SLAs and deliverables?

Do they have a support function that is efficient and effective and embraces technology to maximise efficiency? Is there a consistent and committed account team who reacts to your needs? An engagement model based around openness and transparency between vendors and its customers is a significant differentiator and helps to cement relationships, even in the most testing of times.

Choose experts

In today’s rapidly changing business environment, keeping on top of new developments, technology and legislation is challenging. It’s important to build relationships with partners who can remove this headache, and have expertise in specific technology areas. They can then utilise and deploy solutions in the most effective way to deliver meaningful business impact.

As an example, Invenio only supports SAP implementations. As an SAP Gold Partner, our consultants live and breathe SAP. Companies that can provide value-added consultancy services and move away from commoditised solutions will prosper. This is particularly the case when working on IT projects. Typically the lifecycle of upgrades and new solutions is high, and so by working with an organisation who has the relevant expertise engrained at the heart of their business will prove beneficial and ensure you don’t fall behind. Indeed, choosing a partner who is proactive in managing version upgrades, security patches, new deployments etc. will minimise the potential for IT failure in the future.

To conclude, IT decision makers need to partner with vendors and suppliers who differentiate themselves by taking a wholly customer-centric approach. Today’s economy demands suppliers that can deliver focused, transparent and flexible solutions. They need vendors who have the expertise to react to short term crises, but the vision to then deliver sustained, successful, long-term deployments.

IQ Winnersh, READING, UK – 05 June 2015. Invenio Business Solutions are pleased to announce the appointment of their new Global Client Director, Vijay Reddy. Vijay’s appointment will help establish the newly created Customer Management Zone within Invenio. Vijay will be responsible for managing and improving Invenio’s customer relationships across all lines of business and technology deliveries, he will also be responsible for overseeing Invenio’s strategic accounts.

Vijay brings with him over 25 years’ rich experience within global SAP consulting, 15 of those at SAP itself where he was head of global delivery, managing a team of around 2000 people across India, China and South America. He has also previously held positions with DEC, IBM and HCLTech where he managed a global team of 4,000+ consultants . Vijay has great experience in setting up and managing global consulting units to deliver IT services to customers across the world especially on SAP platform.

Commenting on his appointment, Vijay said: “I have been watching Invenio as an amazing success story over the last few years, it is well known that Invenio have a team of enormously talented SAP experts that deliver excellent SAP services and I am pleased to join the team to help increase customer relationships and help them build a better future”.

Invenio’s Managing Director, Partho Bhattacharya, concluded. “We are delighted and extremely excited to welcome Vijay to the Invenio team. Vijay will hold an important role as we go through a period of further growth and transformation. Vijay has a long track record within SAP consulting and is a well-known figure within the space. With his huge library of knowledge and skills, we will no doubt see a massive impact not only internally but for our customers as well”.

You can download the press release here

Media Contact:

Marie Tuffy

+44(0)330 440 1800

125, Wharfedale Road, IQ Winnersh

Reading

RG41 5RB

Marie.tuffy@invenio-solutions.com

retreat

Away from the hustle and bustle of city life, amongst the peaceful and serene environment, Invenio’s Annual Offsite 2015 took place.

Invenio’s Mumbai and Delhi offices conducted their Annual Offsite’s at the Mystic Valley Resort, Igatpuri and Heritage Village, Manesar respectively.

It was a 2 day event, where all the employees gathered to get to know each other and to share in their happiness and achievements.

We started off the event with a few motivational and informative speech by visionaries. Our management team shared their experiences and their journey with Invenio so far, they spoke about our projects and prospective clients, they shared the vision of Invenio and our future plans, and they also answered any queries raised by staff directly at an open forum.

Post the speech, we distributed awards and certificates and also introduced new incentives for Shine. Thereafter we went ahead with the inauguration of our ETS website.

After the ceremony we dispersed for lunch and then moved onto team building activities carried out by the TAB, outbound trainers. The games were not just physically tiring but they also taught us how a team should operate. Young and old, both had fun and participated in all the games and activities arranged.

A little later, after all the exertion, the entire night and the floor was jazzed up to the beats of Bollywood numbers and everybody enjoyed dancing to the rhythm of our DJ.

heritage-village-resortThe next day was again a bright sunny day, we got to spend time by the pool side. Everyone had a great time playing cricket and chilling out.

That was then followed by lunch and thereafter we started our journey back home, with all the beautiful memories of our Annual offsite.

Thus, the theme “Enjoy. Interact. Learn. Celebrate” was thoroughly fulfilled.

Across industries we are seeing consumers become more demanding of personalised products and services that meet their needs, and this is now expected. While some industries are quicker to respond to this, research by SAP, the Manufacturing Success report, found that manufacturers are falling behind, with 80% agreeing they could be more customer-centric with their approach and product development.

Traditionally, moManufacturing SAPst supply chains were designed from the factory outwards and focused on optimising supplier operations, particularly in terms of cost and efficiency. The rules of competition are changing though – customers are more demanding, products are more easily copied and markets are commoditised.

UK manufacturers are still grappling with this increasing customer complexity and changing competition. In order to truly succeed and grow therefore, embracing customer demands, and putting them at the heart of everything manufacturers do is key.

Here are three things which manufacturers must do in order to succeed in the customer driven economy.

Better understanding of customer base

If manufacturers are to effectively serve customers beyond core products they offer, they must look to build a better understanding of their customer base.

It’s not just about understanding the customer themselves – what they do, and the challenges they face – but it’s also about having deep knowledge of the industry in which they operate.

This will not only help to solve short time crises but through a consultative and integrated approach, this will also mean they can better support in the long term, planning for growth and strategic change. At Invenio Solutions for example, we have extensive knowledge of SAP solutions which enables us to provide tailored SAP support.

Add value

The SAP research highlights one of the biggest shifts that manufacturers expect to see in customers over the next two years is demand for added-value services (67%).

Can you quickly adapt products to meet customer needs? Do you have the expertise and knowledge to make recommendations? Are you available to support 24/7? These are all worth considering when taking a customer first approach – by being flexible, available and positioned as the expert, customers will feel that they are getting an added value experience.

Increase transparency

Customers demand supply chain transparency according to the research which highlights that almost half of manufacturers are expecting this to be a number one priority as we move through this year.

By consolidating suppliers, and being more open and transparent, manufacturers will quickly build trust with customers. Fewer, better relationships mean a value-added consultancy service can be provided which shifts away from the commoditised, ‘race to the bottom’ model which fewer demand.

By creating whole new systems of value for customers that will help secure long term relationships and provide competitive differentiation, the lines between manufacturing and service industries are blurring.

We can help

If you would like more information about Invenio’s SAP solutions call us today on +44 (0)330 440 1800, or complete our online enquiry form for further information.

McKinsey recently revealed research suggests that large IT projects are at far greater risk of failure than smaller ones. Approx 17% of IT projects budgeted at $15 million or higher go so badly as to threaten the company’s existence, and more than 40% of them fail.

But whatever the business size IT projects are still failing everyday – But why and what can you do to prevent failure?

1. Devil is not in the detail…

The most important factor in success of a project is top management commitment in the project. It’s not the operatives but the top management who need to have steadfast focus in seeing a project is successful.

In the digital, hyper-connected age, IT underpins all that we do within an organisation and therefore has the power to transform business processes from the ground up. This means you need buy in at all stages from a variety of stakeholders. Map who these individuals are and ensure that they are a part of the process from the beginning and that their needs and job function have been considered. IT has the power to transform businesses but only if the employees are part of the journey.

2. Project management, skills and experience

It’s no secret that smaller projects are easier to manage and control, but how can this be replicated into larger organisations to ensure the number of failing projects is reduced?

Having the right project manager and supporting PMO team in place is crucial. Too many managers and there’s likely to be conflicts and contradicting priorities, too little and resources will be stretched.

3. Realistic Timelines

We’re all familiar with the IT project that was required yesterday, so by setting realistic time scales at the outset – including buffers for testing phases – then projects will be more successful.

It’s better to get it right first time even if it does take slightly longer. Rushed projects can cause hassle down the line so it’s about planning and future proofing your investment to ensure results and success is for the long term.

4. Data & Interfacing

Often ignored at the start of the project is data that the new system needs to use. Often data from old systems is incomplete or inconsistent and this needs to be tackled from day one. Data cleansing is time consuming, tedious and sometimes just not compatible with the system. Too many good projects fail because of useless data that are input and ultimately make the system unusable. If you use the wrong fuel in a world class car, it will inevitably fail to start.

Touch points between systems are another trap often ignored. Interfaces need to be tried and tested from both sides thoroughly. A faulty interface can often be the death trap for a good implementation.

5. Keep it real

During the planning and roll out of an IT project there are often unrealistic expectations around what will be delivered and when, by whom and for what reason. Along the journey too, there can be confusing or changing requirements.

Throughout the process, expectations need to be set and reassessed every step of the way to ensure there are no surprises.  Total transparency between the partner and the customer is absolutely essential. Through building close relationships with suppliers they can become partners on this journey to ensure full visibility from day one. This will also allow a value added service to be provided.

Choosing a supplier that allows for flexible contracts will enable greater ability to adapt and change along the way, it makes the process easier and ensures projects are delivered as expected achieving the goals set out at the beginning.

Too many IT projects are failing unnecessarily, so businesses need to choose a partner that can best support the needs and requirements of the business. A partner who can ‘hold their hand’ through the early stages, minimise implementation drama, provide expertise and go above and beyond to make the project a success.

We can help

If you would like to discuss an ongoing IT Project and need some advice,  you can call us today on +44 (0)330 440 1800, or complete our online enquiry form for further information.

Research suggests that large IT projects are at far greater risk of failure than smaller ones. McKinsey revealed that 17% of IT projects budgeted at $15 million or higher go so badly as to threaten the company’s existence, and more than 40% of them fail.

However, regardless of business size IT projects are failing everyday – some are big budget and high profile and make the headlines, others receive less attention, but can be equally damaging to those concerned. But why and what can you do to prevent failure?

parthoPartho Bhattacharya, MD & President, Invenio Business Solutions discusses the top five reasons why IT projects fail.

1. Devil is not in the detail…

The most important factor in success of a project (or failure) is top management commitment in the project (or lack of…). It’s not the operatives but the top management who need to have steadfast focus in seeing a project is successful.

Intel’s CIO, Kim Stevenson, recently commented, “There are no IT projects, only business projects”. Whilst we may become engrained in the day-to-day intricacy of delivering IT that works, we should never lose sight of the bigger picture and the impact of successful IT projects on the business as a whole.

In the digital, hyper-connected age, IT underpins all that we do within an organisation and therefore has the power to transform business processes from the ground up. This means you need buy in at all stages from a variety of stakeholders. Map who these individuals are and ensure that they are a part of the process from the beginning and that their needs and job function have been considered. IT has the power to transform businesses but only if the employees are part of the journey.

2. Project management, skills and experience

It’s no secret that smaller projects are easier to manage and control, but how can this be replicated into larger organisations to ensure the number of failing projects is reduced?

Having the right project manager and supporting PMO team in place is crucial. Too many managers and there’s likely to be conflicts and contradicting priorities, too little and resources will be stretched.

Ensuring project managers have the right skill sets for the role is also crucial. Great project managers will know how to bring together the right team of skilled individuals, and will be able to motivate and inspire even when the pressure is on. The same is true about the team members. The right skills in the right composition is key to project success. At Invenio, we are a team of dedicated SAP consultants so we can provide our customers with the expertise and insights they often don’t have internally – something they find invaluable.

3. Inaccurate timings

Timelines need to be realistic. We’re all familiar with the IT project that was required yesterday, so by setting realistic time scales at the outset – including buffers for testing phases – then projects will be more successful.

It’s better to get it right first time even if it does take slightly longer. Rushed projects can cause hassle down the line so it’s about planning and future proofing your investment to ensure results and success is for the long term.

4. Data & Interfacing

Often ignored at the start of the project is data that the new system needs to use. Often data from old systems is incomplete or inconsistent and this needs to be tackled from day one. Data cleansing is time consuming, tedious and sometimes just not compatible with the system. Too many good projects fail because of useless data that are input and ultimately make the system unusable. If you use the wrong fuel in a world class car, it will inevitably fail to start.

Touch points between systems are another trap often ignored. Interfaces need to tried and tested from both sides thoroughly. A faulty interface can often be the death trap for a good implementation.

5. Keep it real

During the planning and roll out of an IT project there are often unrealistic expectations around what will be delivered and when, by whom and for what reason. Along the journey too, there can be confusing or changing requirements.

Throughout the process, expectations need to be set and reassessed every step of the way to ensure there are no surprises. Total transparency between the partner and the customer is absolutely essential. Through building close relationships with suppliers they can become partners on this journey to ensure full visibility from day one. This will also allow a value added service to be provided.

Choosing a supplier that allows for flexible contracts will enable greater ability to adapt and change along the way, it makes the process easier and ensures projects are delivered as expected achieving the goals set out at the beginning.

Too many IT projects are failing unnecessarily, so businesses need to choose a partner that can best support the needs and requirements of the business. A partner who can ‘hold their hand’ through the early stages, minimise implementation drama, provide expertise and go above and beyond to make the project a success.

We can help

If you would like to comment or know more about anything mentioned in this article you can call our media contact Marie Tuffy today on +44 (0)330 440 1800, or complete our online enquiry form for further information.

After a busy 2014 and a progressive start to 2015, The Invenio Management Team welcomed the opportunity to indulge their staff members to some fun and relaxation at two annual retreats.

The first retreat was held in February at the palatial Mystic Valley Resort in Maharashtra and the second in April was held at the stunning Heritage Village Resort and Spa.

retreat

Both events kicked off with a welcome meeting where everyone settled down and swiftly moved onto an awards and leadership talk. Leadership messages were given from:

Partho Bhattacharya, Managing Director

Arun Bala, Chief Operating Officer

Manish Goyal, Chief Financial Officer

Naveen Agarwal, Chief Technical Officer

mumbtalk

After the talks, lunch was given and then the groups participated in some indoor and outdoor team building activities.

retreat5

mumbai1

Once the activities were over, guests were invited back to their rooms to prepare for the Gala dinner and LATE night partying. We need say no more!

Why not grab yourself some free advice?

AMS2Whether you are just considering the idea, or looking to drive improvement through your SAP landscape to support your business, it’s very clear an SAP upgrade is worthy of serious consideration for any organisation seeking to reduce risk of their business operations.

An SAP upgrade could simply be a stepping stone to achieving more business value from a current SAP investment but for other organisations, the SAP upgrade is seen as a building block for a whole new system expansion into other functional areas.

Since it is often difficult to gauge the impact of an upgrade on your existing environment you will need to understand the estimated costs and effort involved, including project duration, downtime and the impact on other systems. You will also need to understand the road map, architecture and technological impact of the upgrade, and provide good understanding of what transitional services and operational support services are required.

Come along to our free SAP Upgrade education event. This event offers you the opportunity to exchange ideas for managing an upgrade and roll-out initiative, as well as actionable plans to drive innovation strategy agendas in their organisations.

Event Date: Thursday, 14th May

Time: 9:30 – 12:30

Event Address: Invenio HQ (Winnersh, Reading)

Who:  IT Directors, Operations Directors, Head of IT, Head of SAP

Agenda

9.30 – Coffee & Registration

10.00 – Introductions and agenda

10.15 –The Business Challenges & Why Upgrade?

10.45 – Coffee break

11.00 – An exclusive client success story (XP Power)

11.30 – Why choose Invenio as your preferred strategic SAP partner

12.00 –Roundtable Q&A session with leading SAP experts

12.30 – Lunch at The Caprice Restaurant and Terrace 

[button title=”Register” icon=”” link=”http://marketing.invenio-solutions.com/Getting-Future-ready.html” target=”_blank” color=”” filled=”1″ large=”1″ class=””]

At Invenio, we have an important and unbreakable rule ‘Customer First’. As IT support needs to deliver greater value, a company needs reassurance that the partner they are working with has the right expertise and experience necessary to provide the service levels they need. They need to be confident that the SAP partner can deal with every eventuality that may arise, promptly and effectively and can ensure the critical SAP applications can maintain optimal levels of operation.

However, with so many partners in the market, finding the right one for specific needs can be a challenge. To help get a sense of what you need to consider, watch this video to discover some key points about our SAP Support services.

Watch this video to find out more.

IQ Winnersh, READING, UK –  March 24, 2015.  Today, we are pleased to announce we have appointed leading PR company, Octopus Group to support our growth in SAP Application Managed Services (AMS) offerings. Octopus Group was selected due to its extensive knowledge of the enterprise sector and SAP market.

In order to drive growth and raise brand awareness, Octopus Group will deliver a bespoke brand to sales campaign incorporating content marketing and a comprehensive influencer engagement plan.

Partho Bhattacharya, Managing Director of Invenio, has led its global business since 2008: “I was drawn to Octopus Group, not only for its impressive knowledge of the SAP market but also its understanding of the vision for our business. Octopus clearly has the right mind-set, expertise and understanding of our audience and through a carefully thought out campaign, they’re the right partner to support our business goals and positively impact our growth.”

The pitch was led by Octopus Group director Laura Slade, “As a business looking to drive sales through effective inbound and outbound marketing, Invenio is a perfect fit for our Brand to Sales methodology, and we’re really excited to deliver a successful campaign that drives lead generation and delivers real return for the business.”

Media Contact:

Marie Tuffy

+44(0)330 440 1800

125, Wharfedale Road, IQ Winnersh

Reading.

RG41 5RB

Marie.tuffy@invenio-solutions.com

Invenio Helps XP Power Successfully Roll-Out SAP in their US Operations

XP Power, a leading supplier of electronic power needed to improve business performance and visibility. XP wanted to streamline their operational processes and eliminate inefficient practices.

XP called upon Invenio again for help to successfully roll-out SAP in their US operations. Watch this video with Michael Laver, President of World Wide Sales, Marketing and Executive Director at XP Power.

Invenio Help Leading Electronics Power Supplier to Upgrade to SAP ERP 6.0

XP Power, an electronic power supplier with a turnover of $170 million needed to upgrade their current SAP platform. The current system XP were running was an old 4.7 XP which was no longer supported by SAP and the costs of the software maintenance was extremely high.

Watch this interview with XP’s Operations Director, Anne Honeyman talk about the success of the upgrade project.

 

We can help


Get in touch if you would like further information on our SAP upgrade services. Call us today on +44 (0)330 440 1800, or complete our online enquiry form.

Following on from our 1st instalment in this 2 part series, MESA continue their interview with Invenio to find out how they help their media customers understand the huge capabilities of SAP.
Interview by Chris Tribby

Invenio says that its SAP partners see savings of as much as 40%. Can you expand on that, share how the company’s solutions actually translate into real, bottom-line savings?

We helped a major newspaper group increase revenues by extending their ad-booking window by between eight and 24 hours. Our SAP solutions help their operations produce 15 million copies of a daily newspapers from 16 print locations, and to manage the financial and business operations of 25 separate legal entities.

We helped a major TV broadcaster improve its content acquisition processes across the entire broadcast portfolio, for both original and syndicated programming. Our solution helps manage the entire procure-to-pay process for 3,500-plus television programs, including series episodes, one-off programs, and movies.

We are helping a leading music publisher to standardize and streamline its global procure-to-pay processes using an innovative SAP solution that will manage over 150,000 suppliers worldwide. The self-service vendor portal and guided streamlined invoice processing has resulted in saving of thousands of man-hours in administrative tasks for the customer.

We implemented an award-winning SAP solution that offers support for financial, human resource management and management reporting for a major international search portal across their online, mobile, email subscription and e-commerce lines of business. This was one of the first SAP implementations for a pure online business.

With such a rich experience in the industry, our consultants have a head start when they start servicing our customers, resulting in better and faster issue resolution. With our experience in the industry, we have built ‘accelerators’ — pre-built solutions to address typical scenarios in media companies. This can potentially crunch the project timelines as compared to traditional partners.

Can Invenio offer some specific use cases, where media and entertainment companies made especially good use of Invenio’s offerings?

Universal Music Group (UMG) is the world’s leading music company with wholly owned record operations or licensees in 77 territories. Its business also includes Universal Music Publishing Group, the industry’s leading global music publishing operation. With the recent acquisition of EMI, Universal Music Group has consolidated its dominant position in the music market. Universal Music Group is a unit of Vivendi, a global media and communications company.

UMG has implemented a single global instance of the SAP FICO (Finance and Controlling) solution for its financial reporting. The procurement function was, however, widely distributed across various local systems. With 7,000-plus internal users involved in the P2P process working with 130,000 suppliers across the globe, the administration and control of purchasing was highly inefficient. UMG was keen to ‘outsource’ supplier data management back to suppliers, bring in better commitment tracking with clear visibility on spend and enforce strict budget controls. Traditional SAP solutions were cost prohibitive and integration with third party tools became unmanageable. That is when UMG turned the attention to Invenio’s P2P Solution.

Invenio’s work and partnership in different aspects of Universal Music’s SAP estate has been gradual in finite increments as Universal Music grew in its confidence with Invenio’s capability.

Over the last five years, Invenio has developed a bespoke procure to pay system on SAP for Universal Music which uniquely address the requirement of simple front end interfaces, full budgetary control, complete workflow, access through web and an easy to use vendor portal particularly suited for the media industry and at the same time fully inside SAP. Invenio was given the challenge to make it work across the globe, with country specific GAAPs and languages and running this in one instance of SAP, which was delivered exactly as tasked and has now been working for three years in a very stable manner.

We built on the SAP platform requiring no integration and available at a fraction of the cost of the classical solutions, very tightly integrated with budgeting allowing the possibility for a strict enforcement of a ‘no budget, no spend’ policy. Includes easy to follow and maintain workflows to improve compliance in the entire P2P process, with a secure, Web-based tool available on mobile which pushes the responsibility for supplier data and transaction maintenance back to the suppliers in ‘self-service’ mode.

The Invenio P2P solution has now been rolled out into nine countries including four of the biggest territories for UMG: USA, Japan, Germany and France. More than 4,000 internal users are working successfully with the user-friendly solution. Supplier on-boarding has also started and has received enthusiastic response in France, USA etc. The solution will be rolled out to eight more countries in the next year covering over 90% of UMG’s global business.

With all global purchasing data in one place, UMG has better visibility on spending enabling tighter budgetary control and more effective supplier management. Supplier relationships have also improved by providing them with better visibility throughout the process. The administration burden of the P2P process has come down, saving thousands of hours of administrative tasks for the business which can now be utilized better within UMG.

For more details on MESA you can visit their website here
In this 2 part blog series, Invenio BuMESAsiness Solutions media practice heads sat down with the Media & Entertainment Services Alliance (MESA) to discuss the state of SAP services for the media and entertainment industry, and the success stories of Invenio customers.

MESA discuss how Invenio Business Solutions delivers SAP solutions, services and support for the media industry. Because SAP is all Invenio does — with 75% of its global revenue coming from media customers — the company marks itself as the best in the SAP business.

Interview by Chris Tribby of MESA 
MESA: What makes Invenio’s SAP offerings stand out in the media and entertainment space?

Invenio: We’re a 100% SAP consultancy and support practice, with 75% of our global revenue coming from media customers, in the music, publishing, broadcast and advertising space. From SAP Global rollouts to small upgrades projects.

As an SAP media specialist, we really understand the challenges in the media industry — from platform convergence and digitization to shifting market dynamics, IP protection and content distribution. We focus on media as one of our core industries, which ensures best practices and insight, and we’re the proud winners of SAP’s Best Partner Award for Innovation in the media space.

We have a diverse and growing media customer base with outstanding referenceability, and our experience includes award-winning projects e.g. Best SAP Partner Implementation for our ground-breaking work at Indian Web portal Rediff.com.

Our long and distinguished list of media clients includes Star and Fox TV, Random House (a subsidiary of Bertelsmann AG), Universal Music, Eros International, Star News and Fortune Magazine, Times of India, and Rediff.com – global providers of online news and information. This wealth of industry experience helps us address many complex and diverse challenges facing the media industry. And we underpin it all with a technology practice that offers in-depth solutions expertise and service excellence.

We also understand that any media company needs a host of specialized technical solutions to work alongside SAP solution. So we also offer Enterprise Architecture Integration services to seamlessly connect various systems.

MESA: What was the reason for Invenio’s beginning, what gap in the market did the company see that needed to be filled?

Invenio: The reason for Invenio’s formation was based on customer satisfaction, the only focus. Keep the customer satisfied and be transparent when it comes to pricing.

We observed a gap in IT partners which specialize in media domain and provide SAP services. The choice available for customers was to deal with the ‘big 4 or 5’ from the industry or choose specialist company which does not necessarily have SAP expertise.

Customer focus is in the DNA of Invenio. We always strive to give unparalleled services to our customers. We are also absolutely transparent with our customers, starting from the commercial rates. In an industry which, unfortunately, has become notoriously infamous for a “get away with as much as you can’ attitude,” we provide a breath of fresh air with our honesty and transparency.

Keep an eye out for part 2 of the blog next week.

finance and procurement teamWe see, more than ever before, organisations are putting the finance function under pressure to drive savings. Savings, savings and more savings! Finance professionals need to find new ways to have a better level of visibility and control.

Do any of these sound familiar to you?

1. Your administrative costs are running high and time is wasted on non-value adding activities?

2. You would like to have clear visibility and tight control on your spend compared to the approved budgets?

3. Do you wish finance and accounts worked seamlessly with procurement to avoid money getting lost and unaccounted for?

If the top 3 challenges above are something you are facing – some of these technical challenges could be apparent also:

  • An inability to on-board suppliers (in large numbers).
  • An inability to integrate with existing ERP and procurement systems.
  • Complex and unintuitive user interface.

Being aware of these challenges can help companies greatly increase cost efficiency. Invenio’s P2P Solution can deliver real benefits right across an organisation – from massively reduced costs, to increased process efficiency and greater insight into global spend.

The journey to unlocking cost efficiencies.

This can begin by enabling your suppliers to proactively manage their relationship with your company. For example, by using Invenio’s P2P solution it can give suppliers the freedom to manage multiple aspects of the trading relationship – from new supplier registration, to delivering quotations and proposals, querying work orders and submitting invoices. As suppliers are the ones accountable for these aspects, the administrative burdens are substantially reduced.

The power of a supplier self-service model.

Simply moving to this supplier-centric model means you realise very significant administration savings. With just a few clicks, internal teams can manage multi-level project budgets, approve new suppliers, review quotations – and convert them to purchase orders. And, once the goods or services are delivered, supplier-generated invoices are automatically matched to the original purchase order for acceptance and approval (or rejection) by authorised individuals. Payment processing is quick and easy too – offering a variety of electronic or traditional payment channels. And, because the entire process is governed by a flexible, highly-configurable workflow, every step is secure, automated and assigned to an audit trail. Because Invenio’s P2P solution uses SAP as its underlying technology, it becomes an integral part of your SAP corporate system – making financial management easier and business analysis more meaningful.

SAP_SUPPORTTrust is an important factor in any relationship, maybe even more so when working with external stakeholders. As you generally cannot see your external SAP Support team, businesses can tend to overlook this as an important factor. However, SAP Support should work seamlessly with your team and without any problems or risk to your organisation.

We wanted to know from our customers what else was important for them and why they choose to work with us. As a company, from our beginnings, we have never lost a support contract so we wanted to understand why and how we can continue to be a great SAP support partner to our customers.

We interviewed one of our long standing clients, Bhavesh Godhania, IT Director, AMCo. This is what he had to say

“When looking for an SAP partner, I knew I wanted a strong, open and honest relationship. Anyone can give you SAP support, but it is true partnership and trust that’s important. That’s what Invenio gives us”.

Watch his full interview here

For more details on how we can help with your SAP Support Partnership, please contact us using the contact form found here

SAP_SupportFor organisations everywhere, just keeping the lights on within your support capability is no longer enough. Your IT support needs to deliver greater value to the business – optimising operations and freeing up more resources for innovation is where SAP support offerings help meet that challenge.

Do any of the following questions ring true within your organisation?

• Are you working with an SAP Partner who lack knowledge and experience?
• Are your global SAP systems difficult to maintain?
• Are you confused about managing a global SAP estate to maintain ‘business as usual’
• Do you suffer cultural and localised variances that are difficult to manage?

If yes, then read on.

As the economic outlook starts to improve even further through 2015, many executives in global organisations are, once again, thinking about expansionary strategies. This in turn, places additional demands on your SAP business systems to keep them operating optimally and respond to changing conditions, while your business seeks to capitalise on new growth prospects.

Strategic support engagement with an external provider can often feel torn between these demands.
For example, lines of business want to quickly leverage the latest technology to augment existing capabilities and support innovation, leading to constant requests for new functionality to address current business challenges. On the other hand, the finance department wants to save money and increase efficiency, resulting in never-ending efforts to minimise IT budgets.

Caught in the middle of this tug of war, IT has learned an important lesson: Finding new ways to do more with less. Easier said than done you scream! But wait, what if there is a way of increasing efficiency and shrinking the cost of daily operations?

In our experience, SAP Support provider’s need their absolute focus to ensuring support is optimal, and provide impartial advice about what new solutions and technologies will help you succeed as your business evolves. In addition, the responsibility of the relationship should be managed 24/7 without any ‘light-out’ times.

By increasing operational efficiency within the support function, it can help you reduce the percentage of IT spend leaving room for more funding of innovation projects. And wherever possible, you can unlock the value of existing investments and introduce new innovations in a swift manner that minimises risk.

DO YOU THINK YOUR SAP PROJECT NEEDS RESCUING? – GET 2 FREE (NO OBLIGATION) CONSULTANCY DAYS TO FIND OUT MORE

For more details about our SAP Support Services please fill out this contact form found here
Craft customer experiences that drive recommendations (word-of-mouth) and sales

As an SME, how can you push the boundaries of your organisation? How do you extend the value of your organisation’s products & services with limited budgets?

The phrase big data is thrown around in every sector and has exploded onto every touch point for business growth, in reality, it is small data that is key. For every business large or small, it is really all about your customer, when a customer has a business problem what do they want to see? Your customer can see millions of products and millions of solutions. But what is it that your customer really needs?

Impact of word of mouth across various stages of the purchase process

We know that:

For an SME, one of the most important factors that drives your business growth is strong recommendations or word of mouth.

As recommendations are a key influencer across all stages of a purchase process; from being initially informed of a product or service through to the concrete purchase decision, you need to engage your customers with above average experiences and build positive feedback properties or word of mouth equity. This can increase the stickiness of a sale and improve the repeat purchase potential of customers.

impact_of_word_of_mouth

Figure 1: Mckinsey: Impact of word of mouth – across various stages of a purchase process.

It is reported that 8 out of 10 purchases are influenced by a recommendation by people talking face-to-face. And every product or service category  (regardless of price point) is usually influenced by friends, family or colleagues rather than more expert sources. The ‘experts’ matter more when seeking advice in technical categories such as digital cameras or cars.

So where do you focus for word of mouth marketing?

For an engagement to happen you need to:

  1. First identify the close & trusted set of customers that you can work with.
  2. Understand if they would recommend your product or service to others.
  3. Extract the genuine reasons behind being a promoter or a detractor.
    a.These reasons should not be ambiguous and should be a quantifiable indicator regarding the product design, service delivery or the pricing.
  4. Identify the key influenceurs of the group which you need to focus on to drive the word of mouth recommendations.
  5. Also identify the key influential detractors in the group whowould need to be converted to a promoter.

word_of_mouth_marketing

Figure 2: Mckinsey: Where to focus on for an Effective Word of mouth for a Brand.

How do you measure word of mouth marketing for customer engagements?

Your objective is to have an understanding of how customers’ experiences are influenced by their overall loyalty so you can figure out ways to improve those experiences. How do you use small data for a competitive advantage? Hence for me it is about my customer’s customer.

It’s not about presenting a billion items and handing over an inventory or your encyclopaedia of solutions, it’s about presenting a highly relevant experience for your customer.

customer_engagement

Connect the Dots and encourage your customers to be great!

Sheejo

Sheejo Arvind, Practice Lead – Customer solutions (CEC) at Invenio Business solutions has 9 years of strong SAP Consulting experience, and 6 years of extensive sales experience including the implementation of SAP CRM Sales specific scenarios, delivered key billing revenue & innovation management (BRIM) solutions, actively engaged with Customer engagement & commerce solutions.

 
 
 
 
 
 
References:
  1. Ed Keller
  2. The Face-to-Face Book:  Why Real Relationships Rule in a Digital Marketplace
  3. Mckinsey

connecting dots in manufacturing5,000+ products, 27 distribution centres and over 20 years of business. How did a leading manufacturer replace disparate technology systems and improve business transparency?

Team Invenio were called upon for help. The client first conducted an internal needs analysis and drew up a shortlist of potential mid-tier solutions to review. Included in that list was SAP, it was clear that the business required a tier-one system and it was decided that  SAP would be the most appropriate choice for the business. As the parent company were an established user of SAP it would provide them with an additional support  and expertise should it be needed.

Following a swift implementation of SAP, the manufacturer was soon working with complete transparency across the business, within the implementation process they also discovered that they could reduce headcount in both warehousing and order processing through improved processes which saved them £££.

As SAP is incredibly robust, it simply means the information it produces is right, first time, every time, giving confidence in the numbers and 100% clarity across the business.

After the initial SAP implementation the manufacturer decided to look for an external SAP Support Partner to help them maintain their system. Although the support had run ok in the past the manufacturer, had noticed deteriorating service levels. As they retain a very small SAP team they really needed access to the right experts fast! So ultimately felt there was a real risk to the business if they didn’t combine this with external support. So for a second time, the manufacturer leaned on Invenio’s shoulders and have stayed there ever since!

The client referred to Invenio as liking the honesty and openness of the Invenio team.  The customer stated “The response times and service have been amazing and someone always gets on to any problems we raise straight away. In terms of the knowledge of the consultants we interact with, this is exceeding expectations, and the expertise available in the team is exceptional”.

But the benefits of working with Invenio don’t stop there! As there were some projects the manufacturer had placed on the back burner but with Invenio’s incredible cost structure, the manufacturer are revisiting these projects to look at what they can introduce.

This fantastic customer journey continues….

SAP Partners play a crucial role in implementing the best solutions to address a business’s needs. They meet the daily demands of businesses with the latest mobile solutions, business analytics, business process improvements, and cutting-edge technology innovations. SAP can be for every business, regardless of the company size, but with over 11,500 partner worldwide, how can you possible choose which one is best for your business demands?

At Invenio we are sympathetic to this and we understand that sometimes change can unsettle a business, so being able to adapt and empower our customers is vital. That is why we will consider the impact of every new solution. We will carefully assess the needs of your people as well as the needs of your business.

In fact, we are so confident about our knowledge and skills within SAP that we are offering organisations 2 free consultancy days. Even if you are currently engaged with an SAP partner we can still come and work with you to review your current processes. If we come in and find no improvements can be made, great, you know you are in good hands. If improvements are needed, we will provide you with a report which you can use moving forward.

Check out this slideshare for more information. You can contact us to request your free assessment marketing@invenio-solutions.com

We are not just concerned about getting solutions up and running. We are here to help you select the right tools and deploy them so that you can run your business processes better. Contact us for more information marketing@invenio-solutions.com

manufacturingWhilst the recent economic downturn hit the service industries hard, for manufacturers here in the UK, recessionary pressures were hardly a new phenomenon.  The rise of the emerging economies – rich in both labour and resource – combined with a strong pound, has seen manufacturing output in decline for many years.

Fortunately, the UK has seen positive trends from manufacturing. The manufacturing industry is growing and with it the industry is employing over 2.5 million staff in the UK alone and continues to see growth which suggests demand for British goods is still strong. EEF also states that exports are a major source of growth for many manufacturers; over 90% of EEF members are exporters with nearly 40% exporting more than half of their turnover.

Although a scary thought at first,globalisation has created significant opportunities for British manufacturing, and UK companies definitely are rising to the challenge. Growth in Asia and other emerging markets are providing significant new export potential; offsetting the more disappointing performance in some parts of the euro area. In China in 2012 saw sales of UK automobiles increase up by 60% and this figure continues to grow through 2014.

The UK boasts many successful, highly innovative and well-managed manufacturing companies. A big question is how can British manufacturers position themselves not only to capitalise on domestic market opportunity, but look ahead to priming operations to take advantage of demand in the emerging economies? Whether through sourcing raw material, shifting production plants or joining the growing trend toward the trade of British manufactured goods in the eastern economies – what can companies do to ensure a readiness for business on a global scale?

Find out how one of our long standing customers achieved this – read the SPP Pumps case study

Customers can now exercise their might through strong online research and an even stronger feedback, you possibly would have experienced this too. The objective is clear for any business, ‘How can they identify the right set of customers for their key products and service offerings to improve their market share and margins’? This is the core to the businesses success.

However, there would be an internal IT team who have already invested and implemented legacy solutions to provide their business with just that.

So what has changed?

The expected turnaround time.

Businesses now expect their customer relevant analytics to be delivered right now, not in months from when they place their requirement, even more they want to analyse & fine tune it themselves.

Imagine your business or customer now requires you to:

1. Classify customers according to their contribution to your total revenue.
2. Then provide an exact breakdown of the customer-related margin, pocket margin and gross margin, which provides crucial information on discounts, surcharges and costs.
3. They then want a customer rating scorecard, which is based on several key performance indicators (KPIs) that are derived from the source data and calculated against a peer group.

Assuming the legacy systems are in place, this would be a two month timescale of a business intelligence & data warehousing project with the potential to extend beyond six months if the right solution is not put in place.

What if we could deliver this analysis within seconds? Irrespective of the data complexity & the volume of data.
Customer engagementThere are customers across the world who are utilising these solutions and driving your loyal customers towards their products and services, they are using this solution to create effective personas and actively engage with them through the right channel to ensure their patronage.

Invenio business solutions, provides you with services tailored around SAP Customer Engagement Intelligence to maximise the value of your promotions and marketing engagement to drive revenue. Our approach to deliver this solution provides a guaranteed delivery within weeks.

Keep an eye out for instalment of this blog by Sheejo Arvind.

SheejoSheejo Arvind, Practice Lead – Customer solutions (CEC) at Invenio Business solutions has 9 years of strong SAP Consulting experience, and 6 years of extensive sales experience including the implementation of SAP CRM Sales specific scenarios, delivered key billing revenue & innovation management (BRIM) solutions, actively engaged with Customer engagement & commerce solutions.

Cost reduction remains the number one priority for the majority of organisations today, but some procurement and finance operations have some way to go before they achieve their goals. Across many industries, procurement is central and as the UK economy continues to grow, organisational transformations continue too.

For these reasons, Invenio Business Solutions have been asked to present at The Procurement Summit taking place this autumn on November 11 at the Palace Hotel Manchester UK, in association with the Chartered Institute of Procurement & Supply.

This free, ( and more importantly) educational event will provide senior purchasing, sourcing and supply chain executives across England an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.

Invenio will be representing SAP Procurement technology at the event and have been invited to speak. Kedar Patwardhan, Account Director for Invenio’s largest client, will talk openly about the challenges facing organisations in today’s tough economic environment, as they struggle to find opportunities to control their external spend. He will discuss how companies using SAP can dramatically reduce administrative expenditure by up to 50% by shifting their suppliers to a self-service model with a P2P solution built on SAP itself, thus leveraging full benefits of SAP integration as well.

The Procurement Summit will deliver:

o    Educational seminars on the latest industry issues.

o    Key insights from industry thought leaders, practitioners & service providers.

o    First-hand case studies on the challenges of procurement leadership.

o    Hands-on demonstrations of the latest solutions in the technology showcase.

o    Excellent networking opportunities with peers throughout the day.

Highlights Include:

o    Opening Keynote from the experienced Eva Wimmers, Senior VP – Group Procurement at Deutsche Telekom AG

o    Briefing from Aleyn Smith-Gillespie, Associate Director, Business Services, Carbon Trust

o    Sustainable Procurement for Resilience and Innovation: Methods and Strategies

o    Shift your Suppliers to a Self-Service Model with a P2P Solution Fully Integrated with SAP – Kedar Patwardhan, Account Director, Invenio Business Solutions

o    PLUS case studies from purchasing practitioners in the private and public sector

Event Date: November 11th, 2014
Event Time: 09:00 – 17:00 GMT
Event Address: The Palace Hotel, Manchester. UK

SAP_Experience_CentreWith the explosion of data and data sources, financial departments have a greater demand for fast, accurate, accessible and up-to-date information but from a simplified source. Without the right technology data is useless.

This is where SAP HANA comes in. However, before companies can gain a better insight into their data and understand the simplifications, they will need to gain a better insight into HANA. Hence one of the reasons SAP have created their new Experience Centre.

The SAP Experience Centre is a fully interactive environment where visitors can experience SAP HANA and other SAP innovations first-hand and immerse themselves in the various, interactive scenarios which have been set up – from driving a Formula 1 car to using data to investigate and predict crime scenes.

Even though the Experience Centre is still a new concept, Invenio thought this would be an ideal venue for a Simplified Financials event. To make this event truly unique, Invenio made it as intimate as possible and hosted the first ever partner event to a select few within UK finance departments.

The event kicked off with breakfast at 9.30am and sharply progressed onto the first presentation by Varik Torsteinsen, Head of Innovation at SAP. He spoke about why the Experience Centre was created, how it can transform thinking and what really is SAP HANA.

SAP realises that it has an extremely powerful platform with HANA and is at the beginnings of investing in and creating thought leadership on how it will be able to be utilised in the future. For many organisations this will involve ‘thinking out of the box’ to consider the creation of services which were just not possible or affordable on the previous technology generation.

This followed onto a presentation of Invenio and SAP’s partnership where Invenio spoke about the considerable investment it has made into their HANA Lab  and how it could help organisations to gain from the HANA Platform including the facility to run proof of concepts using a  client’s own data.

The next presentation was by James Willis at SAP on Massive Simplifications on SAP Financials.

As companies seek to integrate their decision making with their data, they need to rely more on speed and have a clearer understanding of their transactional data. SAP Financials has been built to meet the increasing and evolving business needs of the finance departments. James led the delegates through the capabilities of the solution:

  • Provides a one-stop access to all financial and non-financial data
  • New on-the-fly capabilities for moving finance processing, such as month-end activities, from batch to real time
  • Innovative rapid planning and forecasting combined with predictive analysis to explore new business models and immediately assess potential effects on the bottom line
  • Enables flexible data drill-down to actionable information
  • Connections to business networks in real time to establish an integrated business ecosystem and help drive optimal collaboration with customers, suppliers, banks and government authorities
  • Ensures harmonised data without manual reconciliation

We then broke for lunch to prepare ourselves for the real fun part! An exclusive tour of the Experience SAP Centre.

The centre is split into 4 sections, we explored each of these as explained below. All of the delegates spent time testing out the different areas

THE EARTH

Exploding populations, devastating typhoons – the world is changing rapidly. The delegates came face-to-face with the challenges these factors present. SAP’s multi-sensory experience puts delegates at the heart of the story and takes them on a journey that can change lives for the better.

THE FORMULA 1 CAR

Data is a real game-changer in sport. In Formula 1 racing, the difference between winning and losing can be a millisecond.

McLaren trusts SAP HANA to provide critical real-time data and analytics. Helping the team make more informed decisions faster and each lap closer to perfection. Each delegate got their turn to race a real-life, Formula 1 car on the Abu Dhabi circuit.

CRIME ANALYSIS

In this room, the delegates took on the role of crime investigator to discover who has stolen a priceless piece of art in London. The delegates were able to use SAP’s predictive analytics to analyse past crimes and work through clues to predict future strikes.

DESIGN THINKING ROOM

This rooms enables organisations to look at their businesses differently using some of the latest innovations; cloud, in-memory computing and analytics. This high-tech centre can identify how to transform a business.

This event was a great experience and our delegate’s came away with a lot more knowledge and insight into SAP. To be the first to hear about our next event you can sign up to our mailing list by here Sign Up

IQ Winnersh, READING, UK – 9 October 2014. Effective Today, Invenio Business Solutions have moved to its own new, purpose built Head Office in IQ Winnersh, Reading.

After 7 years in Thames Valley Park, Invenio has moved to a more spacious purpose built office in Winnersh. Starting in 2006 with just 3 employees, Invenio has grown to a global team of 425 and Invenio plans to expand further over the next few years.

The new facilities will provide comfortable accommodation and working atmosphere to Invenio members. It also hosts sophisticated meeting facilities and infrastructure which will provide a better collaboration environment to Invenio customers.

Invenio’s managing director Partho Bhattacharya said: “Winnersh Triangle is a new and modern business park with all the facilities that a growing IT consulting organisation needs. We plan to expand in our new premises, and this new office augurs well with our current size and expansion plans.

We’re pleased to be joining a number of other well established names at Winnersh Triangle and look forward to being part of such a vibrant business community”.

You can download the press release here

Media Contact:

Marie Tuffy

+44(0)330 440 1800

125, Wharfedale Road, IQ Winnersh

Reading.

RG41 5RB

Marie.tuffy@invenio-solutions.com

READING, UK – 10 September 2014. Invenio Business Solutions are delighted to announce signing with the UK Government for SAP Enterprise Application Support Services on the 28/08/2014. This framework appoints Invenio as a potential provider of Enterprise Application Support Services and Invenio will be eligible to be considered for the award of call off agreements by the authority during the framework period.

A number of conditions have been set out within the framework between Invenio and the UK Government and Invenio have agreed to adhere to good industry practice and standards in-line with all current applicable law.

Invenio is an accredited SAP Gold Channel Partner specialising in SAP consulting, implementation and support services. The company’s Public Sector practice is led by experienced SAP veterans with extensive experience in providing services to Central and Local Government agencies worldwide. The team also includes experienced SAP Tax and Revenue Management Consultants, with in-depth expertise in delivering projects to a growing public sector customer base.

Sunil Srivastava, Invenio’s Global Head of Public Sector Sales said “We are pleased to have been selected by the Government to provide SAP Enterprise Application Support Services to government bodies. The framework will provide ease of contracting to both the government entities and the service providers. Invenio is proud to be among a few niche service providers offering SAP support services as a part of this agreement”.

You can download the full press release here

Ends

Media Contact:

Marie Tuffy

+44(0)330 440 1800

Marie.tuffy@invenio-solutions.com

READING, UK – 08 September 2014. Invenio today announce for a third time a place in the Sunday Times Tech Track 100, a league table which ranks Britain’s top performing private technology companies. The ranking is based on sales performance over a period of three years in order to give a true measure of a company’s ability to meet sustained, organic growth.

Invenio started off their hat-trick at place 51 in the Tech Track List in 2012, last year they leaped to place 24 and now this year increasing the rank again at place 20. Invenio continues its commitment to deliver innovative SAP solutions to a growing global customer base. That, combined with a continued extraordinary focus on customer service are key factors contributing to this growth. Invenio has ramped up their offerings in areas of high performance products such as SAP HANA, SAP Tax and Revenue Management solutions to Central Governments, together with innovations to improve customers’ core business processes like their unique procure to pay system built on SAP’s technology.

Partho Bhattacharya, Invenio’s Managing Director said “We are delighted to be ranked in Tech Track 100 again this year. We are continuing to gain market-share in the SAP Solutions space by our excellent work with customers and gaining new customers with word of mouth references. Credit of this success goes to our loyal customer base and our talented delivery team. We look forward to another successful year ahead ”.

To view The Sunday Times feature, and explore the full list of this years’ constituents please click here.

Media Contact:

 +44 (0)330 440 1800

Marie Tuffy

marie.tuffy@invenio-solutions.com

Using audience data to monetise your digital content.

hospital-clubAfter a very busy summer, Invenio are now gearing up to host their next SAP HANA event for the media industry, aiming to inform and educate the media delegates about Big Data.

Digital consumers demand content on a variety of platforms and media companies must engage with consumers across all channels. Consumers leave a fascinating trail of valuable data, including content preferences, behaviour, attitudes and opinions. But once you have collected this data how do you use it to build, target and engage a loyal audience? And how can you monetise the information?

We hope to address these questions in our morning briefing.

Matthew Hembrow, previous Global Account Director of SAP, now working with Invenio’s Media practice, will take the stand to talk about how demystifying your data can help to understand customers and viewers online habits. Matthew will also discuss how the industry has moved from demographic marketing to personalised adverts that are more relevant and less invasive. This gives the media companies providing the content a positive effect rather than disruption and leaves the content providers to concentrate on the sourcing or making best content.

Our next presentation will be a real scenario involving one of Invenio’s long standing customers. The business had some pain points with their processes, mostly related to the huge data causing delays in the month end closing process. Invenio spent time studying the key pain points and planned the objectives for the proof of concept (POC). After understanding the existing landscape and processes, Invenio were able to re-design using SAP HANA and present a more robust, dynamic, maintainable and quick on performance solution. SAP HANA made significant improvements to company and the presentation will lead onto an open Q&A session.

Registrations are free and are still available so don’t miss out on this must attend event!

RIYADH, SAUDI ARABIA – 18 August 2014. Invenio today announced signing of an important agreement with the Department of ZAKAT and Income Tax (DZIT) in Riyadh to develop and modernise their automation systems for Zakat and Tax Automation System (ZTAS). This agreement was signed on behalf of the Department of Zakat and Income Tax by Deputy Director General for Supporting Operations, Saleh Al-Awaji and Invenio’s Managing Director, Partho Bhattacharya. Saleh Al-Awaji explained (translated): “The importance of this agreement, is to bring state-of-the-art technology by implementing SAP Tax and Revenue Management (TRM) system.

This development and modernisation project, awarded to Invenio Business Solutions seeks to keep DZIT up-to-date with the latest and best applications used in the field. Noting that the agreement is of great importance and will provide DZIT a quantum leap in eGovernment services. This will facilitate the whole of the taxpayer’s process with DZIT through an electronic portal while ensuring a smooth integration with various governmental entities for exchanging relevant taxation data. In addition to the multiple benefits, the new system will process revenue verification functions and will raise the commitment of taxpayers and reduce the risk of delays in the payment of Zakat and tax incl. the avoidance and fraud in general.”

DZIT_ParthoPartho Bhattacharya concluded: “Invenio is greatly privileged and grateful to be awarded this important work to modernise Saudi Arabia’s Zakat & Income Tax systems. The new system will provide the Kingdom of Saudi Arabia an ability to deploy appropriate Zakat & tax management flexibly as the economy develops further to other key focused developmental areas of the Kingdom and collaborate with other Government agencies and other developed economies’ tax agencies. Invenio will provide the world’s most popular German business system SAP and the best of British consulting skills collaboratively with DZIT to achieve a successful business transformation.We do expect this new modern system will be an ideal example for other GCC countries to follow.”

Download the full press release here

Ends

Media Contact: Marie Tuffy +44(0)330 440 1800 marie.tuffy@invenio-solutions.com

bigdataworld It’s no secret that big data – and how it is used – has had a significant impact on the industry over recent years. At Invenio, we ran a proof of concept for one of our long standing customers, Universal Music Group. The business had a few pain points with their processes, mostly related to the huge data causing delays in the month end closing process.

In particular, month end business processes were running slow, reporting was slow due to the vast amount of data and reconciliation of data across systems, all proved difficult for Universal Music Group. Invenio spent time studying the key pain points and planned the objectives for the proof of concept (POC). After understanding the existing landscape and processes, Invenio were able to re-design using SAP HANA and present a more robust, dynamic, maintainable and quick on performance solution. I’ve outlined a few of the specific pain points and solutions below.

Problem: Month end key business processes running slow:

Solution: Re-implemented the solution in HANA with a new design which was more simple and easy to maintain. The customer gave Invenio great feedback and loved the new simple and very fast solution.

Problem: Reporting slow, due to huge volume of data:

Solution: Created a new model in HANA which was based directly on tables. This removed the need to duplicate data layers, aggregates and indexing. The reports which used to run for more than 30 minutes or even at times used to time-out were now running under 20 seconds.

Problem: Reconciliation of data between the reporting system and the source system:

Solution: The new architecture was replicating data from one system to the other almost in real-time. As a result, there was almost no time lag from when the data was created in the transaction system to when it was available for reporting enabling users to report on their data instantly.

Problem: Reconciliation of data within different layers of the system:

Solution: Invenio designed one model to show all the related reporting data to remove the need for users to drill down or reconcile using different reports on different models. They could now run high level summary reports and access specific details from one single report. This again was a big time saver when it came to submitting data quickly during month end closing.

SAP HANA has had significant benefits for Universal Music Group, and given the media industry is such a fast paced environment the project will no doubt evolve further and this technology will continue to support them throughout the lifecycle of their business. If you would like to learn more about this project and how Invenio helps companies demystify their data, you can register at the next Invenio Webinar hosted by SAP,  read more here

shashank-sinha

Shashank Sinha Manager

SAP Analytics

Invenio Business Solutions

Reading, UK – 9 May 2014. Invenio Business Solutions are pleased to announce they have been recertified by SAP as a Partner Centre of Expertise (PCoE) in recognition of their ability for ongoing excellence in the application of SAP technology. First certified in 2012, Invenio have continued to support the program and deliver excellence within the SAP support and services arena.

SAP have many partners and the PCoE is designed to provide customers with reassurance when choosing a partner as only the most qualified can gain this certification. The certification validates that an organisation can meet every requirement needed to provide high quality services to its customers. Partners are required to renew the certificate every two years. The process has a rigorous assessment which covers a partner’s entire support centre, including staff, processes and infrastructure. Invenio are now certified until May 2016 and will continue its efforts to maintain and excel.

Managing Director, Partho Bhattacharya comments. “As the certification process is so meticulous, it is something that clearly demonstrates our commitment to delivering quality. It means our customers can be confident that we have the expertise and experience, and they can trust that we consistently deliver reliable, high quality support and great customer service across a range of SAP solutions”.

Media Contact:

Marie Tuffy
+44(0)330 440 1800

marie.tuffy@invenio-solutions.com

READING, UK –24 April, 2014. Invenio Business Solutions, an award-winning SAP® gold channel partner, today announced it will be exhibiting at SAPPHIRE® NOW and the ASUG Annual Conference in booth 1807.

The SAPPHIRE NOW and ASUG Annual Conference, being held June 3-5 at the Orange County Convention Center in Orlando, Fla, are the world’s premier business technology event and largest SAP customer-run conference, offering attendees the opportunity to learn and network with customers, SAP executives, partners and experts across the entire SAP ecosystem.

Partho Bhattacharya, managing director, Invenio Business Solutions, says, “This is our first time participating at the SAPPHIRE NOW conference, and we’re looking forward to attending with a number of our clients and industry experts to discuss database technology and to share vital elements of our latest work.These co-located conferences are some of the most important and dynamic shows focused on SAP solutions in the region. Invenio looks forward to contributing to the highly active SAP ecosystem at this event.”

The Invenio leadership team will be available in booth 1807 to discuss the following topics:

Usage of the SAP HANA® platform

  • SAP HANA® is one of the best technologies to fulfill large data needs. Invenio can help companies using SAP HANA to keep less-frequently needed information easily available and ready to use.
  • Invenio was the recipient of an SAP EMEA Regional Partner Excellence Award 2014 in the category “Database & Technology”. The award was given in recognition of Invenio’s Laboratory for SAP HANA, designed to introduce the power of the in-memory platform to customers, and further deepen Invenio’s knowledge of the solution.

Implementation of SAP Tax and Revenue Management for Public Sector

  • Invenio announces that it will be implementing the SAP Tax and Revenue Management for Public Sector package at the Department of Zakat and Income Tax, Kingdom of Saudi Arabia. The implementation will comprise the full spectrum of functionalities of the SAP solution. The Invenio team will be available at SAPPHIRE NOW to showcase its competence, experience and capabilities in the Public Sector space and across other disciplines.
  • Invenio’s practice in support of SAP Tax and Revenue Management for Public Sector offers a rapid, efficient and cost-effective deployment of the solution. As an authoriSed SAP channel partner, Invenio’s team of experienced consultants are certified in the solution and can offer end to-end project delivery support.

Invenio’s P2P Solutions P2P

  • Invenio will be showcasing its Invenio’s P2P Solutions P2P (procure-to-pay) portal with the goal to help companies using SAP dramatically cut costs in non-revenue-generating purchasing activities by at least 50 percent, so companies can increase their bottom line. The journey to unlocking these cost savings begins with suppliers.
  • The unique IP in the Invenio’s P2P Solutions P2P portal for SAP solutions is another example of Invenio’s innovation, commitment to SAP, and passion for driving real results for customers.

You can download the full press release by Invenio click here.

For more information about Invenio , visit their website at visit www.invenio-solutions.com

Media Contact:

Christine Cockerton
+44 (0)330 440 1800
christine.cockerton@invenio-solutions.com

Big Data is a topic that is top of the business agenda for most, here we thought we would break down the Top 10 Reasons businesses are choosing SAP HANA to transform their business.

SAP HANA integrates structured and unstructured data from internal and external sources, and can work on detailed data without aggregations.

Invenio have invested in the HANA solution, with our own HANA Lab and successful implementation.

Read on to see these Top 10 Reasons.

photo 32Following the previous blog “SAP HANA Evaluation: Why Invest?” it’s only right we update you on the event. Well what can I say? Yesterday was an exciting day for the Invenio team; it marked our first 2014 event for HANA. We held the event on HMS Belfast in London, a unique ship and venue. She is the Royal Navy’s last surviving cruiser, the largest preserved warship, and the only surviving cruiser built in the 1930s.

Luckily for us, the weather was kind, and you can’t help but love our capital city in the sunshine! We were really looking forward to showing the audience our capabilities with HANA, we have a good reputation in the marketplace for our work with this superb appliance. We currently hold the SAP EMEA Regional Partner Excellence Award 2014 in the category “Database and Technology”, awarded to us for our HANA Lab Innovation. Invenio have the largest HANA Partner deal worldwide, so we are becoming known as an organisation with expertise.

We wanted the day to be very open, to have a relaxed and casual feel to it; it was all about the delegates getting the best out of the day and giving them the opportunity to ask questions specific to their business needs. We had a large table with the speakers sitting amongst the delegates, to really allow open discussions amongst everyone.

The day started with a short and informal introduction from our Managing Director, Partho Bhattacharya, who has worked with the teams in the UK and India on the Universal Music HANA project. He explained that as an organisation, we started investing in HANA in mid 2013, despite HANA being available for the past 3 years. The reasons for this can be seen in our previous blog ‘Big Data, Hype of Reality?’ As Partho explained “if you use a PC, you will somewhere be using in-memory technology”, although you may not realise it!

SAP: Zach Dover

photo 22Our first speaker was Zach Dover from SAP, he presented ‘Reinventing Businesses through Innovation, Value & Simplicity’, a relevant, entertaining and understandable piece. This raised a number of questions from the delegates and helped them to understand HANA alongside business needs. As he explained, the way a consumer purchases is different. The way we interact and engage in 1-2-1 relationships with consumers has changed. You can send an e-mail to a customer service centre and wait a day or two for a response, if you tweet a complaint, you will receive an almost immediate response. All this creates data, a lot of which is unformatted and text, such as e-mails and social media tweets, postings and updates. With HANA you can uncover the value in your data and make it accessible to all in your organisation. HANA has shown people, they can unlock questions they never thought possible to answer, or even to discover it can answer questions they never realised they needed an answer to. Zach’s presentation was well received and really opened up the areas for discussion.

Universal Music

Universal Music, came to present a HANA case study using their evaluation, what it has done for them and where they hope to take the developments in the future. They started by explaining that an artist is no longer just someone that makes music, they are now becoming a brand, a shift seen over the past 5/10 years. Life with these artists is a lot more complicated – not just because some are divas! But due to the different streams and aspects that comes with an artist, such as merchandising, social media, direct-to-fan, brand partnerships, to name a few. With all of this comes data and lots of it!

Universal is fairly unique in the fact it has one SAP instance across the whole organisation; information can be seen across some 70 countries. So whatever is done can be replicated in the other 70 countries. With the revenue reducing from the music, the shift in emphasis is on the other elements. Universal can use the revenue from the various data streams when in negotiation with artists, to show the number of sales they need, number of downloads/streamings to generate target revenue, etc. This also varies in different countries, some are now into streaming music, but places such as Japan, still like to buy a physical CD, so these elements can be accounted for.

Universal Music are not looking at HANA as a quick term fix and have looked at this from a long term roadmap, where they are now, where they would like to be and then future developments. The current installation of HANA has been all about month end, for 20 days per month the system is unused and then the billions of records are uploaded towards the end of the month, as a result month end can take up to 10 days. Because of the native features of an SAP system, a journal entry in SAP can take up to 4 hours to appear in the consolidation tool (Hyperion).

In the POC that Invenio conducted in the HANA Lab, it was demonstrated that the delay of 4 hours, can be brought down to 5 minutes. Also, HANA’s power can be utilised, to make data upload much faster and allow the business to run reports much quicker.

‘Words of Wisdom’

To close their section, Universal Music shared with the delegates what they call ‘words of wisdom’ from the HANA Evaluation:

  • Identify your Business, Financial and Technical Drivers /Objectives/Constraints for the HANA project
  • Liaise closely with SAP and Support partners ensure your Roadmap is in-line with the SAP Roadmap
  • Limit the number of HANA options reviewed
  • Keep the POC process as short and focused as possible
  • Define measurable deliverables
  • HANA alone is not the answer to all of your businesses problems!
  • Don’t underestimate the hardware and architecture required

Following all the presentations, a panel discussion took place around the table; here are just a few of the questions asked by delegates.

  • Why wouldn’t a new ECC customer go straight to HANA?
  • What happens to commitments with commercials such as Oracle, if moving to ECC with HANA?
  • HANA is all about data in one place; our organisation has data everywhere, what is the process to get data in one place?
  • Total drilldown: Can you drill down to the original data with HANA? Other systems, don’t seem to be able to do this
  • Currently data is taking days to load, will this also be cut down?
  • If taking data from multiple systems, does the data need modelling?

To finish the day, there was a complimentary tour of HMS Belfast, what a remarkable experience, to see a piece of British history and to experience what life was like aboard for the 1963 crew. You are able to see the quarters, go aboard the 9 decks and onto the top deck with its spectacular view of London. HANA, the British sunshine and HMS Belfast made for a wonderful event!

HMSBelfast

To ask your own question, to see the comprehensive answers given to the questions raised or to understand more about HANA, please do get in touch with us.

278Today I was thinking have we connected with our blog readers enough? Have we told them of the progress we are making with SAP HANA? What it can do for them and their organisation? The conclusion I came to, was not enough! Here are a few answers to some questions you may have and also an opportunity to find out more. Happy reading!

So what is HANA?

HANA is an SAP platform to enable organisations and individuals to analyse huge volumes of ‘Big Data’ in a record breaking time. This In-Memory Appliance enables you to run real-time reports whilst continuing to add data, all at the same time as analysing and segmenting it, to plan and progress your business. HANA runs 3600 times faster than traditional disk based systems, meaning that data that can take hours or days to gather and analyse can be done in a matter of seconds.

The data that HANA uses can be captured from operational data or through the import of additional data, this means the data across the whole organisation can be utilised.

What have Invenio been doing with HANA?

The first and most important thing we realised is that there is not enough education around HANA, too few experts and too few knowledge sources. What did we do? We addressed it!

We have set up our own HANA lab, solely to make sure we are world class experts, we did this for you, our customer, to show the true capabilities of this superb software. We can perform test scenarios, using YOUR real data, to show you the true results that are relevant, meaningful and key to your organisation. We like to think of this as our ‘car showroom’, you wouldn’t buy a car without a test drive, we believe, HANA is the same.

Who has used the HANA lab?

Firstly, our employees. We used the lab to train and spread knowledge of HANA internally, growing the capabilities within our team. We aim to train our staff members to the highest levels, so they, in turn can help our customers.

Secondly the lab has been utilised by our customers considering HANA, we are able to run test scenarios using your personal data. We are able to manipulate it, run reports and show you in real-time what you can do with the vast volume of information your company generates. We are able to prove we can cut the time you spend analysing and segmenting the data.

Top 10 reasons for a customer to choose HANA

Here are some of the key reasons organisations are choosing to invest in HANA and the benefits they are receiving.

1. All data
HANA enables you to work with all data. Rather than working with lots of different and complex systems, HANA enables you to use one system with your complete data-set that is constantly being added to.

2. Any Source
HANA combines all of the data you gather, whether it is structured (fits into fields in a database) or unstructured (e-mail messages, word processing documents, videos, photos, audio files, presentations, webpages and many other kinds of business documents). You can then gain useful insights from this. This means you are not restricted to the data you already have in known and used databases and programmes.

3. Real-Time
HANA works in real-time. You can continue to collect the data, it can be constantly updating, but HANA will still be capable of turning that data into meaningful results. The fact you don’t need to add additional data, or stop the process and start at a dedicated time, means that the results are accurate and up to date.

4. Analysis
With HANA you can now unlock new insights and more complex data analysis. HANA is predictive and so is able to suggest and aid your analysis. Things that were previously too complex or impossible to analyse can now be done through HANA.

5. Applications
HANA has been designed to run on the next generation of applications. It will enable extra capabilities going forward.

6. Cloud
Despite being such a large and complex system, HANA has been step up to run all its capabilities on the cloud.

7. Innovation
With the capabilities of HANA, its strength of performance and the ability to analyse data like never before, it truly is the ultimate platform for business innovation. Forward thinking and development ideas are assisted by this functional and essential platform. It frees up the business to think of new ideas, rather than sitting with the existing time consuming reports.

8. Simplicity
We want to keep things simple. So HANA has been designed with fewer layers and a much simpler landscape, making using it so much easier and less complex. It also has a lower cost, essential for any organisation, considering change.

9. Value
‘Innovation without disruption adds value to legacy investments’ this summarises the true value in HANA. What is to be achieved by adopting this within your organisation.

10. Choice
As with any SAP solution, there are choices to be made, how it works best for you, what your organisation will achieve by utilising it. With HANA there is open choice at every layer.

Picture1

What we have achieved with HANA

So why should you look at HANA with Invenio? We are fully committed to achieving the best from HANA for you, our customers. We are very proud to have received recognition for the work we have done with HANA and are recognised as a Partner who has expertise in this application.
Invenio are the SAP EMEA Regional Excellence Award Winner 2014 in the category ‘Database and Technology’ this was awarded for SAP HANA, having invested in a HANA laboratory and won the largest EMEA Partner Deal for HANA.

Wanting to evaluate HANA further?

I imagine you may still have some questions about HANA and what it can do for you. Why not come along to our evaluation event on the 6th March and meet the team, this event gives you the opportunity to meet with Universal Music, who are speaking about HANA and what it has done for them. Click here to contact us.

Would you like to cut through the clutter of unwanted data? SAP HANA is an in-memory database that can help your applications zero-in on the information they need – without wasting time sifting through irrelevant data. The result? Instant answers to your complex queries – and better decision making across your enterprise.

  • Get lightning-quick results from complex data queries
  • Run multiple queries in parallel – without sacrificing performance
  • Develop intricate, predictive models to meet your business needs

Powerful In-Memory Appliance for Real-Time Insight

SAP In-Memory Appliance (SAP HANA™) software enables organisations to analyse their business operations using huge volumes of detailed information while business is happening. Organisations can instantly explore and analyse all of their transactional and analytical data in real time from virtually any data source. Operational data is captured in-memory as it occurs, and flexible views expose analytic information at the speed of thought. External data can be added to analytic models to incorporate data from across the entire organisation.

Key Features

  • Real-time analytics – Analyse business operations using huge volumes of detailed information while business is happening.
  • Multipurpose, in-memory technology – Instantly explore and analyse all transactional and analytical data in real time from virtuallyany data source.
  • Adaptable, powerful analytic models – Create flexible views that expose analytic information at the speed of thought
  • Extensive, source-agnostic data access – Add external data to analytic models to incorporate data from across the entire organisation.

Business Challenges

Information is the lifeblood of business today. Organisations demand insight into business operations while those operations are running. But the volume of operational data available for business insight often exceeds the amount of data that traditional disk-based systems can process within a reasonable period of time. As a result, organisations are forced to reduce the data from operational applications into analytic models for even the most basic analyses. That means that analytic environments are disconnected from operational applications, resulting in significant lag times between gathering data and gaining insight into that data.

Organisations also want to employ flexible analytic models when working with information in order to uncover trends and patterns or to improve planning, forecasting, and financial close processes.

In traditional analytics, high data volumes require that assumptions be made during modelling in order to reduce the data set to a manageable size. Such simplified models don’t accurately reflect the multifaceted nature of operational data, often resulting in suboptimal forecasting, planning, or trend analysis – items all critical to monitoring and enabling a rapid response to business performance.

  • Process huge volumes of operational data to gain business insight while those operations are running.
  • Perform analyses based on all data from operational applications.
  • Employ flexible analytic models when working with information to uncover trends and patterns.
  • Keep analytic environments connected to operational applications.
  • Eliminate lag times between gathering data and gaining insight into that data.

Benefits of SAP HANA

SAP HANA provides organisations with better insight into business operations more quickly by analysing all the data available and enabling you to respond to changing business conditions, no matter how rapid. With SAP HANA, organisations can make better decisions more quickly by gaining immediate access to relevant information – requiring far less reliance on IT to gain the insight needed.

SAP HANA provides a flexible, cost-effective, real-time approach for managing large data volumes, allowing organisations to reduce dramatically the hardware and maintenance costs associated with running multiple data warehouses and operational and analytical systems. SAP HANA will form the technology foundation for new, innovative applications based on in-memory technology, thus enabling business applications – such as planning, forecasting, operational performance, and simulation solutions – to perform better.

SAP HANA provides direct access to operational data without affecting the performance of the SAP ERP application or any other operational software.

  • Real-time business insight by analysing business operations as they happen.
  • Better decisions more quickly by gaining immediate access to all relevant information.
  • Greater analytic flexibility through less reliance on IT.
  • Dramatically reduced hardware / maintenance costs through a cost-effective, real-time approach for managing large data volumes.
  • Improved planning, forecasting, and financial close processes by employing analytic models that uncover trends and patterns.

To find out more about SAP HANA please contact us

tax imageTax authorities these days face challenges across the board, but recently tax evasion, fraud, insufficient taxpayer compliance and data overload are the main topics addressed by international media. With the availability and sourcing of data and information, more and more,
people and organisations believe in data analytics to gain value out of Big Data.

Since increasing data volumes are available for tax agencies they must consider new ways , to analyse this data and to address the challenges it brings.

The volume of data produced in recent years could possibly be described as an ocean of data and to look at the analytics, as searching for ‘fish in a big ocean!’ The tax inspectors are searching out these ‘fish’ (pieces of data).

The need for tax inspectors to understand analytics is mandatory and a valuable skillset needed by governments and assess and also, to identify the answers to some of the following questions:

  • What data sources are available to address key issues, such as tax evasion?
  • What interfaces are required to update the data on a regular basis?
  • What are the costs of having the data available in comparison to the potential tax recovery?
  • How can the available data be merged to address specific needs e.g. auditing requirements?
  • What are the hidden relationships between corporate and individual taxpayers?
  • How can the data be visualised?
  • How to support risk assessments and taxpayer creditworthiness in data processing?
  • Does the data also support digital foot printing to generate taxpayer profiles?

The questions above are indicative and reflect only some of the potential topics that need to be addressed and the requirements with regards to legislation. Nevertheless, the answers to the given questions are not easy to give as special analytical skills and tools are required to retrieve the business value out of the available data to tackle the challenges and to meet the information needs.

Although a variety of tools have been around for some time, the way in which public sector organisations are using these systems is changing. Developments in mobility and cloud computing, together with improvements in communication infrastructures and data security means that tax officers can now access Big Data anytime and anywhere.

In the context of tax authorities, for example, it’s now perfectly feasible to equip field-based tax officers and remote compliance inspectors with real-time information – making their jobs more efficient, and improving overall job effectiveness. Office-based tax officers can now visualise and drill down into a much deeper range of data more quickly and efficiently than ever before. The technology enables them to analyse taxable operations based on a larger volume of tax returns, external information and a variety of other detailed taxpayer data in real time.

Invenio’s Public Sector practice is uniquely placed to offer a rapid, efficient and cost effective deployment of SAP Tax and Revenue Management solutions. Invenio helps Tax Agencies to create a stable foundation for the entire tax management lifecycle across all tax types to aid efficiency of the entire collection process. SAP Fraud Management has been designed as a platform solution to prevent fraud and non-compliance in various areas tackling the large volume of tax related data. The analytical tools and reporting capabilities enable tax authorities to gain value from the processed data to increase recovery rates on a wider scale. For more information, please contact us.

READING, UK – 23 January 2014. Invenio today announced it is the recipient of the SAP® EMEA Regional Partner Excellence Award 2014 in the category “Database and Technology”.

Awards were presented by SAP (NYSE: SAP) to the top-performing SAP partners in the Europe, Middle East and Africa (EMEA) and Middle and Eastern Europe (MEE) regions that have made outstanding contributions that impact overall SAP sales and pipeline-generation goals. Invenio received its award during the SAP EMEA-MEE Field Kick-Off Meeting (FKOM) 2014, held Jan. 20-22 in Barcelona.

Partho Bhattacharya, Invenio’s Managing Director commented: “The EMEA Regional Partner Excellence Award for Database & Technology recognises the work Invenio’s SAP HANA Lab is doing to solve customers’ business problem and the skills, commitment and innovations that goes with it. Working with SAP improves our ability to deliver best-in-class technology solutions to our customers via our global technology centres at affordable cost.”

SAP HANA has been a buzzword within the SAP ecosystem. Our approach of hands on deployment of the technology in innovative ways to solve a customer problem and produce measurable business benefits is proving most acceptable to customers before they make significant investment in it. We are pleased to have contributed to SAP and our mutual success in the SAP HANA platform in the EMEA region in 2013 and look forward to a successful 2014 too.

Selected from SAP’s wide-ranging partner base, nominations for the SAP Regional Partner Excellence Awards were based on internal SAP sales data. A steering committee composed of regional and global SAP representatives determined winning partners in each category according to numerous criteria such as sales achievement and performance. Awards were presented in a variety of categories, including overall sales, innovation, technology, services and solution-specific areas.

“SAP congratulates Invenio as the recipient of the SAP EMEA Regional Partner Excellence Award 2014 for Database and Technology,” said Luis Murguia, senior vice president, General Business and Partner Ecosystem, SAP EMEA. “They have excelled in their partnership with SAP, extending the value of SAP applications and services to our joint customers. These awards highlight the benefits of SAP’s partner ecosystem – which allows us to lengthen our reach and drive customer success.”

SAP FKOM is an annual gathering of SAP executives, SAP field employees and partners. It is SAP’s largest yearly sales meeting, intended to drive success during the upcoming year. Colleagues across the region gathered in Barcelona to gain and exchange updated information on SAP’s strategy, sales methodology, best practices, business growth opportunities and product innovations. This year’s SAP EMEA-MEE FKOM hosted more than 5,000 attendees from the region.

# # #

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

To download a copy of the press release please click here.

Media Contact:
Christine Cockerton
+44 (0)330 440 1800
christine.cockerton@invenio-solutions.com

Mankind is generating more data in two days than we did from the dawn of man until 2003 (Eric Schmidt, Google).

The use of Big Data has become a very important tool in helping businesses to outperform competition. In most industries, existing businesses and new entrants will use data-driven strategies to innovate, compete successfully and capture value.

Among the biggest challenges confronting the pharmaceutical industry is bringing a drug to market. This is among the riskiest and most expensive endeavours a pharmaceutical company can undertake. Here are some statistics –

  • Only 10 -12% drugs make it from discovery to commercial launch.
  • Cost per successful drug averages US $4 Billion
  • Average time from discovery to launch is 12 years

Against this backdrop, pharmaceutical business are constantly looking for ways and means of getting new drugs to market quickly, cost-effectively, at reduced risk and ensuring maximum patient benefit. Pharmaceutical businesses are constantly looking at ways to help take more intelligent decisions on which drugs to pursue.

To be able to take these decisions, pharmaceutical businesses needs to access / analyse huge volumes of clinical, market and legal data to help zero in which drug has the best chance of moving from the R & D labs to the consumer.

Areas where big data comes into play are:

Tracking data pertaining to previous clinical trials

There are a number of sources of information pertaining to historical clinical data that provide valuable insight into negative or other effects on trial patient populations.

Commercial viability of a product

A historical analysis of similar products factoring current and future regulatory environments, market conditions and market size helps assess profitability of a potential new drug.

Tracking regulations – globally and in regional markets

Pharmaceutical businesses are global. Any new drug that is launched is almost necessarily for the global market. In this context understanding regulatory frameworks in global markets and their impact on a new endeavour is critical and timely, successful global launch.

Monitoring current clinical trials

Tracking current clinical trials and any insights to be had from such trials helps re-adjust and re-align on-going trials factoring in any new insights that might be available.

Providing personalised treatment

bunch of pillsMedicines imageDoctors always aim for treatment which will have the highest probability of success. In such cases, knowing the patient’s past history and marrying it with results of clinical trial results for a particular drug could result in the most optimal course of treatment.

Big Data offers the ability to analyse vast quantities of data which is central to making tailored treatment plans the norm. With the in-depth analyses that are made possible through Big Data analytics, pharma companies can match patients to a specific drug or course of treatment that is most likely to work for them. It also enables medical organisations to access information that will help to develop comparative effectiveness models for specific treatment scenarios which can, in turn, enable accelerated development of more cost-effective approaches to the delivery of a wide range of healthcare services.

Drug Safety

Predictable information on the side effects of a certain drug or drug combinations is the outcome of clinical trial reports. However field reports of a drug i.e. after the drug has been released and used by patient groups can be more easily accessible by accessing data from a range of sources- prescription data combined with online forums and patient records.

Applicability of drugs across other conditions

Innovation is not merely about discovering new drugs. It is also about being able to reuse active ingredients to treat other medical conditions. Accessing bio-chemical data on a drug along with patient outcomes and information on side-effects could help the healthcare industry take informed decisions on the wider applicability of a drug.

In each of the quoted instances above, there is a necessity to access tomes of data both internal and external. Internal in the form of clinical trial data, bio-chemical information on a product; external in the form of social media, drug safety data available in the public domain etc. There is also the challenge of sifting through and reacting in real-time to the large volume of chatter on the social web.

Given these humungous data volumes that need to be manipulated, processing times and response times could run into days – even weeks. Clichéd as it sounds, time is money. This is literally so in context of pharmaceutical businesses looking to get meaningful information to enable them take decisions. Decisions to discontinue an R & D initiative, to modify a product recipe, to modify a research initiative to incorporate new clinical findings etc…

SAP’s High Performance Analytic Appliance – SAP HANA – can potentially allow companies to process millions of interactions in real-time to deliver deep, actionable insights. HANA reduces processing times from months, weeks and days to days, hours and seconds. Some of SAP’s partners like Invenio have actually set up HANA labs where they are actually demonstrating the effectiveness of HANA in manipulating terabytes of data in real-time.

Please contact us for more information

101Big Data is everywhere; and can be found wherever we have the capability to capture any form of data. This can be personal data, online web traffic, social media outputs, purchase transaction histories, to name just a few. This data is captured from many different sources meaning these all individual pieces of information can make a data set that is so large and complex that it becomes almost impossible to manage using ‘traditional’ data processing tools. It also means that the processing power needed to make sense of this information can become incredibly costly and complex to manage.

Clearly each organisation’s maximum capacity for data varies – and so the point at which having a high volume of data becomes a problem also fluctuates. But, as the volume of data increases, the length of time to analyse, predict and to seek trends is greatly increased. So, as well as the cost of additional processing power, the number of people needed to process data increases – and the time taken to extract meaningful information increases in line with the amount of data stored. Below we take a closer look at the key advantages you can realise through deploying a Big Data solution.

Increased and unnecessary headcount

The number of staff it takes to sort, analyse and report on massive data sets can be extensive. You can have a whole team whose function it is to sit and produce the necessary reports on a daily, weekly, monthly or even yearly basis. If an organisation invests in the right tools to address Big Data, these staff can be freed up to concentrate on more useful value-added reporting that is faster and more accurate. This gives you more effective use of your biggest asset, your people! Clearly if you are in human resources and finance, the benefits of improved efficiencies and reduced headcount can be very compelling when considering any Big Data project.

Time

Time is probably one of the biggest factors in the requirement for analysing Big Data; time is precious to every organisation and every person, and so the more time effective we are the better… as they say, time is money! Big Data solutions can help to drastically cut the amount of time personnel are taking to extract information and work with data sets. It means more time can be spent on increasing the number – and the value – of reports. A good Big Data solution will enable you to free up time to improve your productivity and increase reporting, making a much better and streamlined department that can add more value to the organisation.

Expense

Rising costs are a problem for any organisation and so the added expense caused by data capture and analyses should be reduced where possible. All elements have a cost associated with them – whether it is data capture, data storage or the cost of personnel. To collect data and do nothing with it will still cost the organisation – whether this is a loss of the opportunity you have available, missing trends or key insights into your organisation’s performance. Some data has a requirement to be kept for up to 7 years i.e. financial. To just store this information, rather than use it to your advantage, is not making the most of your assets. The way to look at the data is how it can make the most for you, your team and your organisation. To be able to see peaks in sales figures for example, and then pre-empt these with the necessary logistics to fulfil these orders quickly, can actually help save you money and help to grow a loyal customer base.

Keeping ahead of competition/Overperformance

Using a Big Data solution that is accurate, fast and works, can have a massive impact on an organisation. SAP for example found that installing Big Data analytics for their CRM system resulted in a system that was 250 times faster — resulting in 30% cost savings compared to the previous CRM installation. If your organisation is working at these increased speeds and with relevant and accurate data, you will be able to move faster – giving you a distinct advantage over competitors.

How can SAP HANA from Invenio help you?

SAP HANA is SAP’s answer to the Big Data challenge. SAP HANA can transform the speed at which your company operates by enabling real-time insight into every aspect of your business operation as it happens. And by taking advantage of high-speed analyses of all of your data, the second it’s created, you get answers based on information right now.

Invenio are a certified SAP HANA reseller, and can help you to understand how this ground-breaking technology can help you to improve business insight and performance at speeds you never thought possible. For more information contact us.

The Big Data trend is sweeping across every industry – and companies everywhere are keen to learn more about the subject so they can better understand what it can do for their business.

Gartner, as you might expect, is very much at the forefront of bringing fresh insight into the subject. And it seems from a survey report they released earlier this year that there is good reason for this. Even though the Big Data concept has really only taken hold in recent times, their research suggests that 64% of organisations are now planning to invest in Big Data solutions within the next two years (news that is almost certain to keep Big Data in the headlines for several years to come!).

Although actual adoption of Big Data technologies in the here and now is still in its infancy (8% according to the Gartner research), there are a wide range of business challenges that have the potential to be transformed. In this post, we take a look at the top 5 business problems that are highlighted as areas which companies are looking to address through Big Data solutions.

1. Enhancing Customer Experience
There’s a growing body of research which suggests that businesses who invest in understanding their customers better can outperform their peers by a significant margin – and Big Data technologies can play a pivotal role in this understanding.

word cloud bubbles electronic tree : big dataThe entire Big Data concept as it relates to customer-centricity lies in taking multiple sources of information, aggregating it, and using it to produce real-time business insights that deliver improved insight into customer behaviours. One of the early adopters of Big Data is the retail industry. As an example, by using Loyalty Card data combined with other sources of information, retailers can quickly track and record what their customer’s habits are. This helps them to predict which discounts or promotions would have the most likelihood of enticing them back to their store. The result? Improved customer retention, increased add-on sales and improved brand awareness. Retailers with more advanced mobility enhanced systems can even run these types of discounts and promotions when the customer enters their shop, helping to increase average transaction size with real-time offers.

2. Process Efficiency
Achieving process efficiency is the Holy Grail for both manufacturing and service organisations alike. However, this has been difficult to achieve in the past since there was no way to capture huge, disparate data sets for processing and analyses. A simple activity like month end closing used to produce financial statements is a great example of an onerous, iterative challenge experienced by many organisations. This is simply because of the lack of tools and technology available to process huge sales data multiple times, from many different sources and data feeds. This leads to an inability to aggregate and allocate costs being incurred through various sources and to crunch the numbers to produce figures under the various heads in financial statements. Appropriate use of Big Data technologies can reduce the time taken to perform month end closing activities from days to hours!

3. New Product Development
In their 2013 Innovation Monitor report (*subscription req’d), the British Manufacturers’ Association – EEF – revealed that 75% of manufacturers believe that speed to market is more important than it was in the past.

A key factor that’s driving this need for speed is that in today’s global marketplace product lifecycles are shorter. Competition from previously low cost manufacturing bases has started to intensify, with companies in these countries increasing their own levels of innovation in order to move up the value chain. As these competitors start to innovate more so the product lifecycle is shortened as technical edge is lost to other, newer ideas.

Deploying applications that can analyse Big Data sources can help build an overall picture of consumer demand and help identify market gaps that might be filled with a new product or business service innovations In addition, having an iterative, constant flow of real-time data means companies can be increasingly responsive in adapting their product developments to the needs of the market today – and they can gain that all important first-mover advantage when taking new products to market.

Another key advantage is that product development also requires a certain amount of time in research labs – be it a physical product or software. Big Data technology can potentially help in simulating various outcomes during the development phase or in analysing various test results quickly which of course allows for course correction actions before it’s too late.

4. Targeted Marketing
Gaining the tools needed to analyse Big Data stores means companies can more quickly and efficiently segment and analyse patterns, trends and sentiments that help them better understand buying behaviours. For example, banks and financial institutions are using insights gleaned from daily transactions, market feeds, customer service records, location data and click streams to create new business propositions and improve their go to market strategies.

Access to this kind of information means an opportunity to make better targeted marketing approaches – much faster than ever before. In a recent Guardian article on the subject of Big Data, Matthew Bayfield, group director of data for marketing agency Ogilvy EMEA said: “The new way of thinking about [data] is more like trying to read the river, you’re trying to spot patterns. There are numerous pots of information that exist in a digital ecosystem that [companies] can tap into to try and understand more about the consumer and what the consumer wants.”

The greater the visibility of data, the greater the opportunity to market successfully. And, with more and more consumers using digital technologies, the more important a solution that addresses that challenge becomes.

5. Cost Reduction
We normally think of Big Data solutions as expensive, so you may be surprised to see cost reduction at 5th on the list. Even though the initial outlay for a solution can seem expensive, the benefits of deploying such technologies can help to reduce cost in other areas of the business. For example, eBay use SAP’s latest Big Data innovation – the SAP HANA Platform – to manage foreign exchange and improve the hedging process. By using analytics solutions powered by the SAP HANA platform, eBay gets a complete view of cash across its entire organisation – meaning they can drive proactive currency management, increase profitability, and improve operations. This has resulted in estimated savings of $40M per quarter from better decision making on currency hedges based on real-time data and trend analysis.

Invenio Business Solutions work with one of the most talked about Big Data products in the market today, SAP HANA. SAP HANA can analyse huge quantities of data in real-time, meaning companies can get instant answers to questions and use the insight to improve multiple areas of the business.

Invenio’s SAP HANA Lab allows us to create test scenarios that enable clients to experience what they can achieve using Big Data solutions before they embark on an implementation. For more details on how we can help you achieve success using Big Data, please contact us.

Reading, UK – 3 December, 2013. Invenio today annFast500_SMounced it that has debuted on the Deloitte Technology Fast 500 EMEA 2013 – a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years, during which, Invenio grew 482%.

Invenio’s Managing Director, Partho Bhattacharya, credits much of Invenio’s success to its ethos of close collaboration with its customers in creating solutions that reduce cost and improve processes. He said, “A key objective for us as a business is to help our customers get more value from technology that they have already invested in. By helping our customers build out on that investment, Invenio will continue to realise sustainable, profitable, business growth”.

The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify, entrants must have had base-year operating revenues of at least €50,000, and current-year operating revenues of at least €800,000.

David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme concluded “Because Deloitte Technology Fast 500 EMEA measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in EMEA is an impressive achievement. Making the Deloitte Technology Fast 500 EMEA ranking is a testament to a company’s commitment to technology and, with its 482% growth rate over five years, Invenio has proven that its leadership has the vision and determination to grow in difficult conditions”.

To download a copy of the press release please click here.

Media Contact:
Leanne Cobb
+44 (0)330 440 1800

SAP HANA is one of the fastest growing products in SAP’s history and is viewed by the industry as a break through solution for in-memory databases. SAP HANA boasts that it accelerates analytics and applications on a single, in-memory platform as well as combining databases, data processing, and application platform capabilities. You may be thinking, “So what?” or “How does this help my business?” In this blog post below, we look at what we consider to be the top 5 reasons why SAP HANA should be on your list of new software enhancements for your business. 1. Speed – Manage massive data volumes at high speed A live analysis was taken of a consumer products companies data revealed how SAP HANA analyses current point-of-sale data in real time–empowering the organisation to review segmentation, merchandising, inventory management, and forecasting information at the speed of thought. SAPHANA 2. Any Data – Gain insights from structured and unstructured data. SAP HANA integrates structured and unstructured data from internal and external sources, and can work on detailed data without aggregations. SAP HANA can be integrated into a wide range of enterprise environments, allowing it to handle data from Oracle databases, Microsoft SQL Server, and IBM DB2 3. Insight – Unlock new insights with predictive, complex analysis. Before SAP HANA, analytics meant:

  • Quickly and easily create ad-hoc views without needing to know the data or query type – allowing you to formulate your actions based on deep insights
  • Receive quick reactions to newly articulated queries so you can innovate new processes and business models to outpace the competition.
  • Enable state-of-the-art, interactive analyses such as simulations and pattern recognition to create measurable, targeted actions.

4. Innovation – The ultimate platform for business innovation. SAP HANA is an early innovator for in-memory computing. Its configurability, easy integration, and revolutionary capabilities make it flexible enough for virtually anything your business requires. Some examples of this include: ENERGY MANAGEMENT Utility companies use SAP HANA to process and analyse vast amounts of data generated by smart meter technology, improving customers’ energy efficiency, and driving sustainability initiatives. REAL-TIME TRANSIT ROUTING SAP HANA is helping research firms calculate optimal driving routes using real-time GPS data transmitted from thousands of taxis. SOFTWARE PIRACY DETECTION & PREVENTION Tech companies use SAP HANA to analyse large volumes of complex data to gain business insights into software piracy, develop preventive strategies, and recover revenue 5. Simplicity – Fewer layers, simpler landscape, lower cost.

  • Reduce or eliminate the data aggregation, indexing, mapping and exchange-transfer-load (ETL) needed in complex data warehouses and marts
  • Incorporate pre-packaged business logic, in-memory calculations, and optimization for multicore, 64-bit processors
  • Spend less on real-time computing

If you are considering your in-memory database , why not book a consultation with our experienced SAP HANA team to find out how this can really integrate and improve your business. Contact us here

Invenio Business Solutions – HANA Labs Innovation

If you’re in any way associated with the technology industry then you’ll know that 2013 has been the year of “Big Data”. The subject has attracted massive interest (some might say “hype”!) and everyone, it seems, is talking about the potential benefits that can be gained by implementing a Big Data Strategy.

But despite the voluminous amounts written on the subject (1.9 billion “Big Data” search results on Google at the time of writing!), many company execs are still grappling with the question of how a Big Data strategy will help them improve their business’s performance.

278Naturally the Big Data trend has not gone unnoticed by large and small IT vendors alike. And SAP in particular have been at the forefront of developing solutions that can help manage Big Data. The SAP HANA solution was specifically designed to help organisations tackle the many challenges posed by Big Data. But, because so many firms are still figuring out what those “many challenges” are, we thought the time was right to invest in our own SAP HANA Lab so we can actually show its potential.

The best way to really get under the skin of HANA’s potential was to build and test a range of scenarios so we could measure what can be achieved. Only then can we show customers the ‘why’ of Big Data – and the potential impact this can have their organisation’s performance. And, preliminary tests conclude that the potential is huge.

Below is an interview we held with our Chief Technology Officer, Naveen Agarwal. Naveen has been tasked with leading the development of Invenio’s SAP HANA Lab and, in this interview, he shares with us his thoughts on what the Lab will deliver to our customers as they start to explore the potential of Big Data.

1. What is the rationale behind setting up the HANA Lab here in Invenio?
HANA as a solution is now 3 years old, and a lot of hype was created about it at launch. However, the adoption rate we are seeing is still very low – which we think is due, in part, to the fact that it’s a very expensive proposition. HANA started maturing as a product only in the last 12 months but even today, our customers are still struggling to determine an achievable, realistic ROI that will justify the high capital outlay it demands.

A knock-on effect of low adoption is that first-hand HANA skills are still rare. There are a lot of certified consultants who have attended courses – but very few of them have actual hands-on experience of implementing HANA.

The HANA Lab solves these two problems – helping customers to identify ROI and skilling up our Consultants on a live HANA platform. To do this, in Invenio style, we had to have first-hand, hands-on skills with the product, not just certifications. We have therefore invested in an expensive infrastructure, dedicated a high-calibre team, certified them and got busy developing real applications (Proof of Concepts). The result of this activity is that we now have a hands-on, experienced HANA team that really understands the product – and we can build multiple scenarios for our customers that showcases what HANA can do, thereby helping to de-risk a procurement decision

2. In what way will the HANA Labs benefit our customers?
Customers can see actual adoption of their application before taking a procurement decision. When they decide to buy, they can benefit from our first hand experience with the product for a successful deployment. We are also investing in ground breaking application developments which are only possible on HANA and not on a traditional SAP ERP platform.

3. What is your roadmap for developing Invenio’s HANA competencies?
The Lab is now well established and the team is working on our Proof of Concept for Fast Month End Close, Real Time Reporting and COPA processing. This will finish in early December. Thereafter we are embarking on development of a National Tax Fraud Detection System that a country like the UK for example can adopt to increase tax collection. As our experience grows, more ground breaking applications will quickly follow.

4. From a technical perspective, what are the advantages to CTO’s in embracing a Big Data strategy?
The main advantage of HANA is the magnitude of speed increase which is staggering. HANA has shown it can sometimes be tens of thousands times faster than traditional databases. That brings a whole new perspective of how an IT system can be used. For example, if an analysis of National Tax Payer database to detect fraud was previously taking months, it can now be done in seconds – even while a tax raid is underway.

Next Steps
Invenio Solutions are an SAP Gold Partner providing services and solutions worldwide. If you would like more information on our HANA Lab or other services please contact us.

READING, UK – 13 November 2013. Invenio Business Solutions are delighted to announce their inclusion in the latest iteration of the UK Government’s G Cloud initiative. Now in its 4th iteration, the GCloud programme will enable Invenio to offer a range of services in the “Specialist Cloud Services” category.

The G-Cloud framework enables public sector organisations across the UK – including central and local government and public agencies to procure a range of technology solutions and services via a publicly-accessible portal, the CloudStore. GCloud was first launched in February 2012 as part of the Government’s “digital first” strategy, and is delivering on its promise of simplifying the way in which Government bodies can source and select a wide range of Cloud-based software and services. The scheme has the added benefit of enabling many small and mid-sized firms to win more business by simplifying the way in which cloud software and cloud services can be offered to the public sector.

Invenio is an accredited SAP Gold Channel Partner specialising in SAP consulting, implementation and support services. The company’s Public Sector practice is led by experienced SAP veterans with extensive experience in providing tax and revenue management solutions to Central and Local Government agencies worldwide. The team also includes experienced SAP Tax and Revenue Management Consultants, with in-depth expertise in delivering projects to a growing public sector customer base.

Sunil Srivastava, Invenio’s Global Head of Public Sector Sales said “We are delighted to have been accepted onto the Government’s G Cloud Framework. We believe the scheme will allow us to reach a much wider range of public sector bodies who were not previously aware of our service capability and who will, in turn, be able to benefit from our services in an easier and more cost-effective way”.

Download Invenio’s official press release here.

Media Contact:

Laura Coles
+44 (0)20 7993 5086
laura.coles@invenio-solutions.com

Has your business embraced Big Data yet? For many companies, this phrase is becoming a popular part of their language. But how are companies using Big Data and why?

Forrester recently carried out research into which Big Data and Analytics tools global business decision makers are using, how are they using these tools and are they seeing the benefits?

Below is an overview of that research.

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Next Steps.

Want to know more about the different BI and Big Data technologies that are on offer? Invenio can offer a Big Data consultation to walk you through the Big Data solutions from SAP which are available to suit your companies needs. For more details please contact us.

FT badges 19 April 2012

READING, UK – 16 September 2013. Invenio today announced a leap of 27 places in the newly announced Sunday Times TechTrack 100, a league table which ranks Britain’s top performing private technology companies. The ranking is based on sales performance over a period of three years in order to give a true measure of a company’s ability to meet sustained, organic growth. Invenio is now positioned in 24th place compared to last year’s rank of 51.

Over three years Invenio’s annual sales have grown by an average 117% year on year. The company’s commitment to delivering innovative SAP solutions to a growing customer base, combined with a continued focus on service excellence are key factors contributing to this growth. Over the past year, Invenio have also intensified the investment in emerging technologies including those that support the growing requirement to exploit Big Data, improve analytics and incorporate mobility. In addition, the company is ramping up in other areas including the delivery of high performance SAP Tax and Revenue Management solutions to Central Governments, together with innovations to improve customers’ core business processes including Invenio’s P2P Solutions, the P2P self-service supplier portal based on SAP NetWeaver technology.

Partho Bhattacharya, Invenio’s Managing Director said “We are really proud of this achievement. Not only is this the second year we have featured in the Tech Track 100, but we have also seen the company improve its position by a significant margin. The Invenio team has once again risen to the challenge of growing our business admirably. Their focus and commitment to solving our customers’ biggest business challenges has helped Invenio thrive in this competitive market, and it is a testament to their commitment that has seen us being recognised again this year”.

Download Invenio’s official press release here.

To view The Sunday Times feature, and explore the full list of this year’s constituents please click here.

Media Contact:
Laura Coles
+44 (0)20 7993 5086

laura.coles@invenio-solutions.com

In the last two posts from this IDC research series, we spoke about the IT challenges when implementing a Big Data solution and, the top ten business areas driving Big Data growth. In our final post, we look at the findings that some industries are becoming clear adopters of Big Data and Analytics. This can be due to a number of reasons but we believe this is mainly down to how organisations in these industries perceive the value of their data in not only responding to the demands of their customers, but for forward business planning and continuous improvement.

The top ten verticals:

1. Discrete Manufacturing and 2. Process Manufacturing
At the top of the adopters list are two manufacturing sectors. According to a recent study from the Aberdeen Group: on complex decision making and big data, top manufacturing performers are building up their Big Data and advanced analytics activities to help them take control of manufacturing complexity.

Manufacturing, especially in the UK, has had a rough ride over the past few years but a recent survey from the SMMT showed UK car manufacturing grew 7% in July, and year-to-date volumes are up 1.9%. Although this is only one area from the manufacturing sector, it is a great to see that after a number of rough years – through a double dip recession, UK manufacturers are seeing this uptick in the economy as a good time to invest in technology which can help them achieve many process improvements.

3. Government
Government organisations are well known for their huge volumes of data and, according to the Policy Exchange, the UK government could save up to £33 billion a year by using public Big Data more effectively. Governments are investing heavily in this new technology and in the many different areas they cover, such as; Tax and Revenue collections, Security, Fraud, Healthcare, Citizen Management and many others. Technology innovation adoption within the Public Sector normally lags behind the private sector so it is refreshing to see Government as number 3 on this list.

4. Communications and Media
While the digital age has been hard on almost every segment of the media, it also offers significant opportunities for forward-thinking organisations to harness the masses of online data to help uncover new revenue streams and improve the utilisation of existing assets. With Big Data, media companies are embracing a culture of data-driven decision-making to make the most of their digital assets. For a more in-depth view of how analytics can support media companies in an ever-changing digital world please click here.

5. Banking and 6. Professional Services 7. Insurances
We group these three verticals together under the banner of “Financial Services” owing to the similarities in the ways that these sectors use Big Data. A survey published in June 2013 by the University of Oxford revealed that 71% of financial services organisations already use Big Data and Analytics – almost double the number of just two years ago. For these firms, Big Data delivers much needed competitive advantage in an industry that’s still feeling the effects of the worldwide financial crises. For example, Big Data can help improve profit margins using insights extracted from many disparate sources including daily transactions, market feeds, customer account and service information, location data and click streams. The result is real-time intelligence and insight that can be used to transform go to market strategies and to create new business models and services.

8. Retail
With the vast amounts of data gathered by retailers every day, Big Data opens up new opportunities for organisations to improve operations in almost every area of the business. Large retailers can use Big Data to streamline operations, improve the customer experience, analyse marketing campaigns, increase sales and maximise profitability. According to a report by Mckinsey, a retailer using Big Data and Analytics to the fullest extent could increase its operating margin by more than 60 percent.

9. Healthcare
As healthcare costs continue to rise, private hospitals and healthcare organisations are looking to apply Big Data to help improve care, reduce readmissions and increase the effectiveness of treatments. Data in the healthcare industry resides in multiple places like individual EMRs, lab and imaging systems, physician notes, medical correspondence, claims, CRM and finance systems. Improving access to this data and using it for advanced analytics can help healthcare organisations to improve patient care and outcomes, incentivise the right behaviour for staff and clinicians and drive internal operating efficiencies. Not only will this benefit the healthcare organisations financially, but the benefits to the patients’ health should also rise.

10. Utilities
Big Data can offer dramatic business improvements to companies in the utilities industry. Advanced metering infrastructure (AMI), commonly known as “smart metres” are now replacing aging, traditional meters that require manual readings. With years of historical customer data combined with smart metre data, a utility company is in possession of the data that’s needed to improve efficiencies, reduce downtime and improve customer service. Big Data and Analytics will offer utilities companies a way to intelligently exploit masses of smart metre data to better monitor and forecast energy consumption patterns, identify inefficient energy use and improve customer segmentation to tailor service offerings based on customer behaviour.

As the story of Big Data transformation continues to grow we’ll no doubt see other industriesAnalytics and Big Data embracing the benefits of this new technology too. Mathematician Lord Kelvin was famously quoted “If you cannot measure it, you cannot improve it.” Which is exactly the premise of Big Data. Without a doubt, Big Data will improve the customer experience and will provide richer, more informative analysis instantly. The only question that remains, is when will you embrace it?

The IDC is a global provider of market intelligence and advisory services for the IT and telecoms industries. These three blog posts represent research from the IDC, sponsored by SAP.

How Business Intelligence can help you analyse online reach and increase revenue opportunities.

Content monetisation has long been a challenge for media companies and for years, business intelligence solutions like SAP BusinessObjects have delivered insight to uncover trends and analyse consumption patterns that help improve monetisation strategies.

But the ever-evolving ways in which consumers access content online is adding yet another dimension to how media companies can use business intelligence to help increase revenues and secure a bigger slice of the online audience.

Ofcom’s recent Communications Market Report 2013 shows that mobile devices are rapidly becoming central to the way people consume media in the UK.

Here are 5 key findings we took from this report – and how business intelligence tools can be used to capitalise on these trends:

1. Smartphones are becoming ubiquitous. Just over half of UK adults now own a smartphone, with 49% using a mobile to connect to the web. The way we interact with a smartphone versus, say, a laptop is very different. And so to create compelling content for smartphones requires a good understanding of how content is being accessed and consumed. Business intelligence can help you better understand how smartphone users are interacting with content – meaning you can create experiences that are more attuned to the needs of a mobile audience.

2. One in five people said using their mobile was the media activity they would most miss if it were taken away. Significantly less than the 43% who’d miss TV the most – but certainly a lot more than the 4% who’d most miss newspapers and magazines. Although the decline of print is not a new trend, business intelligence can help publishers that are migrating to online channels to improve their chances of success. For example, Business intelligence tools can help you analyse online performance versus print – and fine-tune strategies that will help you capture a bigger share of audiences who access mobile-based content.

3. Tablets are becoming mainstream. The number of households with a tablet such as an iPad rose to 24% in Q1 2013, up from 11% a year earlier. Like smartphones, tablets can open up even more opportunities to engage with an online audience. From apps to micropayments to subscription-based models, business intelligence can help you to understand what, where and how an audience consumes information, to make better, more informed decisions on pricing, delivery, format and platform.

mobile tablet4. The consumers of tomorrow are more mobile. Among 16 to 24 year olds, theMobile Tablet proportion owning a smartphone is now 77%. Young people are also far more likely than any other group to use mobiles for social networking activities such as Facebook and Twitter. Media companies can use business intelligence to tune into how an audience interacts with them on a variety of social media platforms and so better inform and optimise their social media engagement strategies.

5. Mobile advertising expenditure rose to £526m in 2012, growing 148% from £203m in 2011. The growing adoption of smartphones and tablets means a growing appetite for advertisers to reach these audiences on a mobile platform. Media brands can use business intelligence to understand the sales performance of various advertising slots which can help to inform pricing strategies and offers such as cross-platform advertising packages and bundles.

The switch to accessing content via mobile devices is already having a huge impact on media businesses, with audiences now consuming more content on both tablet and smartphones than ever before. However, media brands still have to compete with many other online activities for consumer attention, and so need to focus on getting mobile products absolutely right. And Business intelligence solutions gives media companies a way to uncover trends and inform strategies in this ever-changing environment.

In a previous post we spoke about the anticipated growth in Big Data and Analytics over the next 5 years, according to research from the IDC. Continued on from this, here are the Top 3 IT Challenges that the IDC considers could hinder the success of a move Big Data and Analytics if not sufficiently addressed:

1. Lack of Sufficiently Skilled IT Staff and Cost of Technology
IT Directors today need to show a good return on investment from new technologies and so must have a very clear idea of what the business can achieve with Big Data. In addition, employing and maintaining the right skills in a highly competitive market also needs to be factored into the cost of embarking on a Big Data project and so, again, IT Executives must have a clear idea of these costs to assess the return (and indeed the viability) of Big Data.

2. Managing Data Quality
The information you get out of any system is only as good as the information you put in. Data quality problems usually arise because no one person is responsible for the complete “data picture”. Without a central custodian ensuring that all data, across all systems is correct, consistent and up to date, the quality of data can vary significantly from one system to another. Of course, this isn’t a problem that’s new to Big Data – but nevertheless it is an important point to consider when assessing the viability of a Big Data project.

3. Data Integration
Another age-old problem that IT functions will be very familiar with is that most organisational data is highly fragmented. This creates challenges at several levels when embarking on a data integration project of any nature: syntactic (how do we define a common format for our data?), semantic (what are the agreed definitions?) and political (who ‘owns’ the data?).

While the above factors do indeed pose a challenge to CIO’s, they are not insurmountable. Indeed, the benefits that Big Data offers will, for most organisations, considerably outweigh these challenges.

It is often quoted that some 90% of the data that exists today has been created in the last 6 years. This data explosion, combined with the rising sophistication of analytical tools and the speed offered by Big Data technologies, means companies should be addressing these challenges sooner rather than later to ensure they can maintain competitive advantage.

Next week we will be looking at the top ten verticals signing up for big data and analytics. Sign up to receive this next post straight to your inbox.

Reading, UK, – 15 July 2013. Invenio today announced it has been recertified under the global quality accreditation program by SAP AG (NYSE: SAP). The certificate was renewed by SAP for Invenio’s continued demonstration of clear quality standards and processes throughout the organisation.

business_partner_handshake-300x174To achieve this certification Invenio was required to validate its continued alignment with the quality standards and principles that SAP upholds, and which it believes to be fundamental to the success of every implementation. The certification acknowledges that Invenio have the capability to deliver high-quality software and support while providing the right processes, tools and services to drive successful projects and delivery.

“Achieving this accreditation helps to reaffirm the quality of work we do in enabling the effective implementation of business processes using SAP solutions. It also demonstrates our commitment to fulfilling our customers’ requirements to the highest standard” said Partho Bhattacharya, Invenio’s Managing Director.

The global quality accreditation program is a continual cycle of process improvement and provides a way to collaboratively monitor performance and measure success. To retain this certification, Invenio is required to submit both quarterly and annual quality plans that showcase how the company intends to improve quality within the organisation throughout the year.

“At SAP, we are continually striving to help customers manage the implementation of integrated software solutions, and we encourage Partners like Invenio to work to the principles of quality adhered to throughout SAP,” said Rich Phillips, Head of Channels UKI at SAP.

Partho Bhattacharya concluded “As Invenio expands its operations to new shores it is vital that customers anywhere in the world can benefit from a quality implementation process. Our commitment to adopting the quality processes that this certification demands means we can offer our customers a proven way to avoid escalations, maintain profits, reduce profit dilution and improve successful delivery through the program lifecycle.”

For a copy of the press release click here: Invenio Aims High and Achieves SAP Accreditation for Global Partner Quality Program

Media Contact:
Laura Coles
+44 (0)20 7993 5086
laura.coles@invenio-solutions.com

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Maldives Inland Revenue Authority accomplishes landmark IT modernisation project for improved tax and revenue collection
Invenio breaks new ground in the successful deployment of SAP Tax and Revenue Management and SAP Taxpayer Online Services for the Republic of Maldives in under 6 months.

miraInvenio today announced that it has successfully concluded the first phase of a landmark tax and revenue management modernisation project for the Maldives Inland Revenue Authority (MIRA). Phase One of the project, completed with technical assistance from the Asian Development Bank, sees the country move to a new SAP Tax and Revenue Management (SAP TRM) platform that enables the Maldivian tax authority to manage multiple tax types in one, integrated system. In addition, Maldivian taxpayers can now access the SAP Taxpayer Online Services (TPOS) portal to register and submit tax returns for the Business Profit and Goods & Services tax types.

The Republic of Maldives is a nation of 1,192 islands – making it one of the most geographically dispersed countries in the world. It is probably best known, however, as being one of the world’s foremost destinations for luxury travel – with many award-winning hotels and resorts located in the country. To help support sustained economic growth, the Government wanted to deliver a simplified, one-stop solution which would help their taxpaying community to manage their tax affairs more easily.

Mr Mohamed Faisal, Director, ICT said: “Prior to using SAP TRM, our tax collections were managed using various legacy systems – one for each different tax type. Managing multiple systems made it difficult for us to consolidate information and get one view of tax income. The aim of this project is to have one system across all tax types to aid the efficiency of our tax administration, and make it easier for our citizens and business owners to manage their tax affairs.”

To help deliver the project, a team of SAP TRM specialists from leading SAP Gold Channel Partner Invenio Business Solutions, were appointed to support MIRA in implementing the new solution. Martin Sobotka, Head of Public Sector Services for Invenio said: “Invenio offer significant expertise in delivering high-performance SAP TRM and TPOS solutions – which is a rare skill, in a very niche area. Having looked at the objectives of the implementation we were very confident that we could successfully add value to the project and deliver a solution in line with MIRA’s expectations”.

Phase One of the project focused on delivering the core of the Maldivian tax solution which, despite challenging timeframes, was successfully completed by the Invenio team in just under 6 months. As a result, MIRA can now process tax declarations and tax registrations for the most important tax types. Mr Ahmed Shareef, Director General, Return & Payment Processing said: “We are very happy with the support and expertise that the Invenio team has delivered in helping us to embark on this landmark project – and we are pleased that they have delivered on their commitment of delivering Phase One in such a short timeframe. Invenio has done a very good job in implementing this first phase, and we found they were very responsive in helping to deliver a solid platform from which we can now manage the Business Profit Tax and Goods & Services Tax”.

To aid the initiative, and make it easier for taxpayers to transition to the new tax administration process, MIRA has been proactive in implementing a scheme that helps train users in how to use the new system. This initiative has so far garnered a very positive response from their users in terms of the user-friendliness and functionality of the system.

male5Phase Two of the project, financed by the Asian Development Bank, is due to commence in July 2013 and is expected to be finalised by the end of 2013. This second phase will see the system extended to facilitate new form-based and object-based taxes and will also deliver additional SAP Taxpayer Online Services functions that will help taxpayers to manage more and more of their tax affairs online. Martin Sobotka, Head of Public Sector Services at Invenio said: “The project has delivered a very stable foundation for the entire management of the tax and revenue management lifecycle across all upcoming tax types. We very much look forward to working with the team at MIRA in scoping and delivering even more value from the system in the next few months, including enhanced reporting features using state-of-the-art SAP technology”.

Mr Yazeed Mohamed, Commissioner General of Taxation, has overall responsibility for Tax Administration in the Republic of Maldives. Mr Mohamed was able to offer valuable advice to other government administrations who may be considering a project of this scale. He says “Change management and communication management are critical aspects in a project implementation of this magnitude, and I would advise my counterparts in other tax administrations to ensure that these elements of the project are managed very carefully throughout the lifecycle of the project to help assure a successful outcome”. Mr Mohamed concluded: “We believe that Invenio is a capable business partner that offers the right expertise and commitment to ensure this project continues to a successful outcome. We are looking forward to embarking upon Phase Two with Invenio and believe that the Maldivian tax administration will become a standard bearer for best practice in supporting the development of a national economy”.

For a download copy of the press release click here: MIRA Landmark SAP TRM Implementation

READING UK, – 29 April 2013. Invenio Business Solutions,  a fast-growing provider of SAP solutions and services and an SAP Gold Partner today announced the opening of two new offices, based Los Angeles, USA and Pune, India. Although separated by some 10,000 miles, these new centres both form a core part of the company’s overarching strategy of offering local SAP services and support to customers everywhere.

Invenio’s LA office is the company’s first foray into the US domestic market. Invenio plans to use the office as a launch pad for offering its wide-ranging expertise to help US-based media companies leverage a range of SAP solutions to improve business performance and drive growth and profitability.

In Pune, Invenio intend to offer a number of SAP services to companies across the region. Pune represents an important milestone in expanding Invenio’s presence across the Indian sub-continent, and will enable the company to recruit local talent so that it can be even more responsive to customers in the region.

Throughout its history, Invenio have shown consistent high-growth, in 2012 Invenio featured in the “Tech Track 100” league table – a category that ranks Britain’s top 100 private technology companies with the fastest-growing sales over the last three years. Participation in the league table programme is based strictly on financial performance and sustained profitable growth over a three year period. These offices will support the continuation of this growth and will play a pivotal role in its expansion strategy.

Partho Bhattacharya, Managing Director or Invenio said “The opening of these new centres represents another great stride in being able to support our customers on a local level. Our track record of success has been built on our high levels of effective delivery to our customers. These new offices will give us the opportunity to extend our quality SAP solutions and services on a global scale, at a local level.”

For more information, you can email:

info@invenio-solutions.com or call +44(0)330 440 1800.

You can download the full press release by clicking here

Media Contact:

Laura Coles
+44 (0)20 7993 5086
laura.coles@invenio-solutions.com

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About Invenio: Invenio are an award-winning SAP Gold Business Partner with a 270 strong workforce located across Europe, Asia-Pacific, USA and Africa. Headquartered in the UK, the company offers solutions and services that span the range of SAP ERP and Business Intelligence solutions – with specialised practices that focus on Media, Consumer Products, Government and Manufacturing clients. Invenio are a constituent of the Sunday Times Fast Track 100, and hold the title of SAP Fastest Growing Reseller. In addition we are one of only a handful of partners that offer SAP Advanced Quality Management accredited services – a scheme governing service quality and delivery across all projects.

Invenio Customer wins prestigious SAP ACE Award
Kirloskar Brothers Limited bags SAP ACE Award for “Best Run Manufacturing Organisation.

Invenio are pleased to announce that Kirloskar Brothers Limited (KBL), a leading global fluid management company, and valued customer of Invenio, was awarded the prestigious SAP ACE Award in the “The Best-Run Manufacturing Organisation” category.

The SAP ACE awards are an industry benchmark that serves to recognise the best of the best-run businesses in the Indian subcontinent, and serves as SAP’s tribute to the many customers who have used, learnt, innovated and leveraged the power of SAP solutions. Currently in its 5th year, this year’s SAP ACE nominations were hotly contested with 300 companies competing across 42 categories.

The award ceremony, held at the Grand Hyatt, Mumbai, recognised KBL’s performance by improving key processes through IT implementation. Speaking on the occasion Chaitanya Wagle, Associate Vice President said, “It is indeed a matter of immense pride for us to have bagged this award. On behalf of KBL I’d like to take this opportunity to thank SAP and the jury for recognising our efforts. The alliance with SAP helps various critical business processes across the organisation to achieve operational excellence that leads to greater customer satisfaction and loyalty.”

Sanjay Hiranandani, CEO, Invenio concluded “This is a thoroughly well-deserved acknowledgement of the hard work and dedication shown by the KBL team in achieving operational excellence through SAP. It gives us all immense pleasure to see one of our most valued customers being formally recognised for their achievements by receiving this prestigious award”.

FOCUS

Our industry focus will help you get the best from your SAP solution. An implementation without relevant industry focus will deliver a system unsuitable for your business needs. We focus our efforts, understanding and learning on a small number of industries – media, consumer products and public sector, so we can pass on our knowledge and experience and advise you focused in your field.

EXPERIENCE

SAP is all we do, and we only let the best consultants loose on your system. We can offer you undiluted, rigorous and relevant SAP expertise that we are proud of. Our SAP consultants each have an average of 7 years’ SAP experience. We go to extraordinary lengths to recruit and retain the brightest and best consultants with flawless business solution skills, and then we pass those skills on to you.

ALIGNMENT

We’re with you all the way to help you grow and thrive. From initial scoping and blueprinting, through development, implementation and go-live, we like to see ourselves as an extension of your team. We offer training, technical support and ongoing maintenance and customisation that will help you thrive in our ever-changing business environment. We do all this with respect, responsibility and reliability.

RESULTS

We help our customers to reduce their costs, they typically experience savings of up to 40%. With quality a cornerstone of our service, our implementations are successful and award winning. We wonBest SAP Partner Implementation for our ground-breaking work at Rediff.com, andSAP Best Partner Award for Innovation in the media services category. These are the kind of results that we want for your project.

© 2015. Invenio Business Solutions. All Rights Reserved.