FTI Consulting professionals have successfully identified annual technology savings of $48 million for a leading global company in publishing, education, and digital products. Our team conducted a comprehensive assessment of the company’s portfolio and identified areas where cost savings could be achieved. We presented the client with a clear digital product development life cycle and proposed migration paths for optimal efficiency.
In our role, FTI Consulting was tasked with evaluating the current state of the company’s systems, integrations, infrastructure, technical debt, enterprise data management, and project pipelines. We developed a comprehensive strategy for product technology that focused on standardizing the product development life cycle to ensure consistency and uniformity across the organization. This strategy included creating a prioritized implementation roadmap that would yield significant technology improvements and ultimately reduce annual spending by 14%.
Furthermore, FTI Consulting validated the business case for consolidating seven enterprise resource planning (ERP) platforms on a global scale. By closely examining the company’s operations and technology infrastructure, our experts were able to identify opportunities for improved efficiency and cost savings. This collaboration resulted in a clearly defined plan for streamlining technology operations and maximizing financial value for the organization.