IBM
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A IBM Case Study
Aviation Technical Services (ATS), an aircraft maintenance, repair, and overhaul provider, needed deeper insight into its project-level labor costs to allocate skilled resources more efficiently and improve profitability for its clients. Their complex, manual spreadsheet-based process was inadequate, so they partnered with IBM to find a better analytics solution.
IBM, through its partner Applied Analytix, implemented the IBM Cognos TM1 platform to create a single source of truth for financial data. This solution automated forecasting, delivered fast and accurate project-level profit and loss statements, and enabled adaptable reporting. The results included an 80% reduction in forecasting timescales, enhanced cost control to maintain margins, and supported smarter, data-driven decision-making across the business.
Don Cook
CFO