Future-facing industry leaders know their data is their greatest business asset. But in a landscape where as much as 328.77 million terabytes of data are created each day globally, even highly successful businesses are increasingly drowning in a sea of duplicative and underused reports. The bigger this data sprawl grows, meanwhile, the more difficult it becomes to spot meaningful insights in the static. This, in turn, makes it harder to keep a competitive edge in the market.
This blog delves into the challenges faced by a leading Fortune 500 Consumer Packaged Goods (CPG) company and how Hakkoda helped them overcome data sprawl and reimagine their reporting ecosystem using Snowflake, Sigma, and artificial intelligence.
The Challenge: Navigating High-Volume Reports and Data Sprawl
A leading Fortune 500 Consumer Packaged Goods (CPG) company was grappling with a massive challenge within their Oracle Discoverer system: managing around 67,000 reports and the corresponding data sprawl. This scenario resulted in thousands of overlapping and underutilized reports, creating inefficiencies across the various departments within the organization.
The Need: A Leap Towards Efficient Reporting
The company’s goal was to migrate to a modern reporting system based on Snowflake and Sigma. However, the overwhelming number of reports and the manual effort needed to analyze them made this transition seem daunting and time-consuming. The idea of starting on this journey was not possible as the task was too large and time-consuming to even think of.
Consolidating and Innovating Reports with Our AI-Powered Solution
Our AI team at Hakkoda offered a revolutionary solution to this predicament. We embarked on a journey of meticulous data preparation and AI agent training on the internal business logic, culminating in the creation of an easy-to-use Streamlit application. This tool became the cornerstone of our consulting strategy, enabling deep insights into reporting trends, key metrics, and consolidation opportunities.
Approach and Implementation
- AI-Driven Discovery and Analysis: Leveraging AI, we conducted a thorough analysis of the reporting landscape, identifying usage trends and redundancies.
- Efficient Report Consolidation: The AI application excelled in detecting overlaps, suggesting new templates for redundant reports, and highlighting the impact of report mergers.
- Rapid Report Rewriting: Our AI system efficiently rewrote and combined reports, ensuring greater relevance and reduced redundancy.
- Impact Assessment and Management: We provided a comprehensive assessment of the changes’ impact on various teams, facilitating a smooth transition.
- Seamless Integration with Modern Systems: The AI-crafted templates were optimized for easy integration with Snowflake and Sigma, paving the way for a smooth migration.
Time Savings and ROI: A Paradigm Shift in Efficiency
- Unprecedented Time Savings: The AI-driven process, which would have taken months or years if done manually, was completed in mere minutes. This represents an astounding improvement of up to 3,000 times in efficiency.
- Significant Cost Reduction: This drastic reduction in time equated to substantial cost savings for the company, streamlining their operations and freeing up resources for other strategic initiatives.
- Leveraging AI for Modern Reporting: The project’s success showcased the immense potential of AI in transforming data management, setting the stage for the company to leverage their modern reporting stack more effectively.
Conclusion: Pioneering a New Era in Data Management with Hakkōda
This project underscores the transformative power of AI in reshaping complex data environments. By adopting AI for report rationalization, the Fortune 500 CPG company not only achieved significant time and cost savings but also laid the groundwork for a more efficient, modern reporting ecosystem.
Their story is also an exceptional example of the kinds of innovation made possible with the right data stack, especially when clean, well-governed data is leveraged as a foundation for cutting-edge AI solutions.
For business leaders who already understand the power of their data but find their path to innovation blocked by data sprawl, Hakkoda’s data and Gen AI consultancy services have a proven track record of clearing paths forward for organizations at every stage of their innovation journeys. Are data experts bring certifications from across the modern tech stack together with deep industry experience in highly regulated industries to architect solutions to your most pressing data challenges.
Ready to say goodbye to overlapping and underutilized reports and transform your reporting ecosystem? Let’s talk.