Case Study: Daelim Industrial accelerates forecasting and month-end close with Oracle Construction and Engineering

Daelim Industrial Prepares Financial Forecasts 5x Faster, Completes Month-End Close in Less than One Hour, and Supports Growth Strategy

Daelim Industrial Co., Ltd., a South Korean construction and petrochemical contractor with operations in 26 countries, needed to improve planning and forecasting across more than 2,000 global construction sites. Working with Oracle Construction and Engineering, the company sought a faster, more reliable enterprise performance management approach using Oracle Hyperion Planning to support quicker decisions, reduce project risk, and strengthen its global growth strategy.

Oracle Construction and Engineering implemented Oracle Hyperion Planning on Oracle Exadata Database Machine, with Oracle Exalytics In-Memory Machine and Oracle Hyperion Smart View for Office to improve performance, availability, and insight. The results were significant: Daelim Industrial cut financial forecast creation time by 5x, reduced month-end close to 40 minutes from over three hours, completed batch jobs 3x faster, processed financial records 6x faster, and enabled simultaneous closings for 200 sites, all while improving scalability and supporting expansion at lower cost.

Daelim Industrial Co., Ltd.

Jae-wook Hwang

Director, IT Planning Team