1. IBM Analytics
Education
EF Education First – Optimizing delivery of global educational programs with deeper insight into company finances
Faster, more flexible
implementation of comprehensive models and calculations
Saves time
on budget creation, enabling users to focus on analysis and decision-making
Boosts data quality
and standardization, creating greater trust in plans and metrics
The transformation: To give students the best possible experience while studying abroad, EF Education First must adjust its prices to a complex array of costs such as travel and accommodation. With IBM Planning Analytics (formerly IBM Cognos® TM1®), the company has gained unprecedented control over and insight into its finances, putting it on the path to greater profitability.
Solution components
Client Name:
EF Education First
Case study Link:
Pull Quote:
“With IBM Planning Analytics, we have improved various vital processes and gained new, relevant insights which allow us to take better decisions for the company.”
— Olivier Bonomini, Head of Business Engineering at EF Education First
Company Background:
EF Education First Ltd. is an international education company founded in 1965 and based in Luzern, Switzerland. It offers a wide range of educational programs, from language training, educational travel and academic degree programs to cultural exchanges, serving people of all ages. The company operates approximately 500 schools in more than 50 countries, employing 15,000 full-time office staff, 3,500 full-time faculty and 16,500 part-time teachers, leaders and tour directors.
Solution Components:
Software
IBM® Planning Analytics
IBM Business Partner
Attollo AB
Business challenge:
Immersion in other cultures is a key part of EF Education First’s philosophy – but the need to co-ordinate accommodation and staffing for thousands of international students makes financial planning complex.
The benefit:
EF can now price its offerings more flexibly for each market, appealing to more students and maximizing revenues. Standardization increases trust in plans and metrics, and saves time on financial planning.
Software
• IBM® Planning Analytics
IBM Business Partner
• Attollo AB
“With IBM Planning Analytics, we have improved various vital processes and gained new, relevant insights which allow us to take better decisions for the company.”
—Olivier Bonomini, Head of Business Engineering at EF Education First
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