The new data search and retrieval system meets several key requirements, including strong data security, interoperability and scalability. In addition to being a highly effective tool for information management, the solution is giving Siemens’ managers the piece of mind of knowing that any information that might be needed—even years down the road—can be easily and quickly retrieved.Like other companies engaged in active portfolio management, Siemens applies sophisticated risk management practices to help guide business acquisition or divestiture decisions. Since effective risk management depends on having the right information, Siemens set out to develop a data management capability that would allow real-time, cross-business information search and retrieval via an easy-to-operate interface.
Siemens turned to Accenture for help. Several factors influenced the decision, including Accenture’s extensive experience in building complex data management systems, our rigorous project management capabilities and our long-standing relationship with Siemens.