DALLAS, June 4, 2014 /PRNewswire/ -- Hitachi
Consulting, a subsidiary of Hitachi, Ltd (TSE: 6501), a leading
provider of IT consulting and management consulting solutions and
services, along with Macrospect today launched a new service that
makes it fast and easy for corporate financial executives to use
Big Data in real time to increase revenues, cut costs, and make
smarter faster resource allocation decisions within the current
period, among many other benefits.
The two companies offer businesses a transformational Business
Planning and Consolidation (BPC) solution based on SAP HANA, an ultra-fast in-memory analytic
database system. Macrospect is a certified SAP partner and a leader
in BPC implementations. Hitachi Consulting brings to the team
global capabilities in SAP-based business intelligence and
analytics technologies.
The new BPC solution enables financial executives to integrate
operational data in their planning cycles while utilizing more
complex real-time data to improve financial planning, budgeting and
forecasting. Using Big Data technology gives them a much more
powerful tool for making better, faster business decisions based on
real-time analysis of operational and financial data.
For instance, a recent process manufacturing customer achieved a
90 percent improvement in run times and responsiveness using the
Hitachi Consulting/Macrospect BPC solution while integrating
massive volumes of data from its core operational systems with
financial planning data.
True business transformation
BPC is an Enterprise Performance Management (EPM) discipline
that streamlines the planning, budgeting, forecasting, and
consolidation processes of a business. The Hitachi
Consulting/Macrospect solution stands out from other BPC offerings
thanks to its ability to create an integrated process for sharing
information across business functions to improve planning and
operational efficiencies. The solution aligns sales, finance,
supply chain and other business teams to provide a comprehensive
planning view of the enterprise.
It also allows businesses to use more up-to-date data in much
larger volumes to drive decisions for smarter business planning,
according to Patrick Bolin, vice
president of Hitachi Consulting. "The in-memory computing
capability of our HANA-based BPC
solution analyzes information in real time that previously had been
too large or complex for traditional systems," he said. "We have
invented a new kind of platform for incorporating real-time
financial data into our customers' everyday decisions."
The Hitachi Consulting/Macrospect solution includes everything
needed to help businesses get up and running with BPC successfully.
The companies offer flexible SAP HANA deployments to fit almost any business
budget, including on-premise, hosted and managed cloud-based
services. In addition to hardware and software integration, the
companies offer customized services that include visioning
workshops, implementation plans and rapid proofs-of-concept.
"We have seen a strong desire from our customer base over the
last 8 years to have this type of advanced analytical capability,
but it just wasn't possible prior to the recent advances in IMC
technology," stated Randy Marvel,
CEO of Macrospect. "We have vetted our approach with current
customers and have received strong validation of our solution from
a well-known analyst firm. We are very excited about joining with
Hitachi Consulting to go to market with this innovative and
transformational solution," said Marvel.
About Hitachi Consulting Corporation
Hitachi Consulting is the global management consulting and IT
services business of Hitachi Ltd., a global technology leader and a
catalyst of sustainable societal change. In that same spirit — and
building on its technology heritage — Hitachi Consulting is a
catalyst for positive business change, propelling companies ahead
by enabling superior operational performance. Working within their
existing processes and focusing on targeted functional challenges,
we help our clients respond to dynamic global change with insight
and agility. Our unique approach delivers measurable, sustainable
business results and a better consulting experience. For more
information visit: www.hitachiconsulting.com
** Follow us on Twitter: @HIT_Consulting **
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About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer
society's challenges with our talented team and proven experience
in global markets. The company's consolidated revenues for fiscal
2013 (ended March 31, 2014) totaled
9,616 billion yen ($93.4 billion). Hitachi is focusing more than
ever on the Social Innovation Business, which includes
infrastructure systems, information & telecommunication
systems, power systems, construction machinery, high functional
materials & components, automotive systems, health care and
others. For more information on Hitachi, please visit the company's
website at http://www.hitachi.com.
About Macrospect
Macrospect is a trusted and experienced technology consultancy
and SAP partner specializing in EPM for HANA. Through the combination of business
acumen and technology expertise, Macrospect successfully assists
our clients in achieving higher performance by turning financial
and operational data into more transparent and actionable
information. For more information visit: www.macrospect.net
** Follow us on Twitter: @MacrospectEPM **
**Subscribe to our Youtube Channel:
http://bit.ly/1lTrOzN **
**Connect with us on LinkedIn: http://linkd.in/1du1HdE **
SOURCE Hitachi Consulting