Case Study: Evotec AG improves planning, reporting and forecasting with valantic and IBM Cognos

Evotec AG improves planning and reporting with Valantic and 55.3 million euro revenue visibility

Evotec AG, a research-based biotechnical company, faced challenges with a manual and error-prone financial planning and reporting system. They required a centralized solution to accelerate planning and facilitate in-depth analysis. valantic implemented IBM Cognos TM1 and IBM Cognos Business Intelligence to address these needs.

The solution from valantic centrally aggregated all relevant business data, providing consistent, up-to-date information through web-based tools. This made Evotec's planning, reporting, and analyses more reliable, quicker, and flexible. The company now benefits from uniform key figures, enabling more efficient scenario analyses and simulations for better business monitoring and risk minimization.

Evotec AG