Case Study: Pace plc accelerates forecasting and planning with IBM Cognos TM1

Adapting financial plans and forecasts with IBM Analytics to support rapid growth and change

Pace plc, a global leader in pay-TV and broadband technologies, had outgrown its financial planning systems due to rapid growth and multiple acquisitions. This made it difficult to adapt their plans and forecasts to new organizational changes. To address this challenge, Pace turned to IBM and its IBM Cognos TM1 analytics solution to gain the flexibility needed to model its complex business.

The IBM Analytics solution, implemented with the help of partner Applied Analytix, provided Pace with a streamlined and powerful planning model. This accelerated the monthly forecasting process to just four days and empowered the finance team with a sophisticated Microsoft Excel interface. As a result, Pace can now model new business units or products with ease and has significantly improved the efficiency of its financial operations.

Pace plc

Richard Hughes

VP Group Finance