Indorama Ventures PLC is one of the largest vertically integrated polyester chain producers in the world and a leading global manufacturer of wool yarns. It produces raw materials, such as polyethylene terephthalate (PET) fibers and yarns that are critical components of products used in daily life, such as food, beverages, healthcare, personal and home care products, and textiles.
The company operates across 41 sites in 15 countries on four continents.
Indorama Ventures chose Oracle Business Intelligence Suite, Enterprise Edition as it was the only truly web-based solution to enable data drill down capabilities, reduce administration time, and integrate easily with the company’s existing Oracle’s Hyperion Financial Management products.
“Oracle Business Intelligence Suite, Enterprise Edition can help reduce our IT administration costs and time, and it delivers advanced features for detailed and accurate reporting and analysis. It is a very simple and intuitive system that our staff and management have quickly adopted. We are constantly exploring its features and learning new ways to maximize its technical, functional, and business benefits,” said S.K. Srivastava, CIO, Indorama Ventures PLC.
Indorama Ventures spent eight months developing internal requirements for its BI tool selection and implementation. Following selection of Oracle Business Intelligence Suite, Enterprise Edition, the company worked closely with Oracle’s Singapore office in the planning and implementation phases, ensuring all required functionality was included in the build. The new system went live in March 2012.
Indorama Ventures conducted internal training programs for staff to ensure faster uptake across the business. Intuitive product functionality enabled staff to immediately use the tool following the training.