About the Company (WidTron)
WidTron is a progressive business entity whose goal is to harness the power of data to advance the company’s strategic goals. WidTron is a company renowned for professionalism and constant endeavors to improve its BI solutions to sustain a competitive advantage.
| Wise BI proved to be cost-efficient and quick, thus allowing a lot of advancement with little investment.
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Challenges Faced
The General Manager of WidTron got in touch with us with some specific requirements. Though he insisted on traditional BI systems with upfront costs where there are a lot of pennies spent as capital expenditure, we gave him the best money-saving way.
Because whatever requirements he had, like the Shipment Analysis dashboard, Customer Analysis dashboard, and more, we already had the dashboards ready. Hence, he didn’t need to spend the capital amount for setting up the solutions which could have cost him around $150,000.
Solution
Wise BI provided appropriate solutions to address the issues faced by WidTron by suggesting the pay-per-use model without having a major investment cost or CAPEX and emphasizing OPEX instead. Initially, he spent around $3,000 to start the BI journey and now he is able to manage it better than ever. We are also supporting his team in customizations and building new dashboards.
- Cost-Efficient Pricing: The pricing strategy was a user-wise pay-per-use system at a minimum of $3,000, with incremental pricing depending on usage, plus customizable charges.
- Rapid Deployment: We used pre-built solutions which could at that time be customized to fit the needs of WidTron without much time being spent on developing from scratch.
- Flexible Customization: Also, we offered a wide range of customizations that allowed us to fine-tune the BI tools to meet the specific needs of WidTron and make sure that the solutions would support strategic initiatives.
- Scalable Solutions: We also made sure that the BI platform was not confined to the current size and scope of WidTron but could be expanded in the future as per the company’s requirements, thus giving a long-term solution.
Results
- No Capital Expenditure: Here at WidTron, that model was provided by Wise BI where instead of financial input into large IT equipment, only operational costs are considered.
- Immediate Cost Savings: The relatively expendable nature of the product meant that the pricing was much more flexible with some costing as little as $3000 initially then ramping up depending on usage.
- Enhanced Efficiency: The agility that was achieved significantly enhanced data processing and enabled quick integration bringing more efficiency in decision making.
- Customized Solutions: BI tools used in existing business systems were specific to business requirements and improved the BI strategy rating.
- Scalable Growth: It helped WidTron to maintain its BI frameworks on a scalable level, thus the company could address further development of its solutions as needed.
Conclusion
This case study shows that Wise BI improved WidTron’s BI capabilities and became a less expensive, more adaptable, and expandable structure. Not requiring a sizable investment in licenses and infrastructure or a large resource consumption in IT and implementation and providing a user-wise pay-per-use, Wise BI helped WidTron to start the BI journey right away and make a good deal of headway in a rather short time.
The systematic development of BI tools to fit the specific requirements of WidTron meant that these tools were implemented rapidly and could enable WidTron to transform data into decision-making quickly, thus paving the way for greater revenues in the future.
