FTI Consulting collaborated with a $2 billion global leader in publishing, education, and digital products to uncover $48 million in annual technology savings. Their team assessed the company’s portfolio and identified opportunities for cost reduction. They presented a comprehensive plan for digital product development and migration paths that would help the client achieve their goals.
FTI Consulting’s role was to evaluate the current state of systems and integrations, infrastructure, technical debt, enterprise data management, and project pipelines. They devised a strategy for product technology that aimed to standardize the product development life cycle for consistency and uniformity across the organization’s over 2,000 professionals.
The outcome of their efforts was a prioritized implementation roadmap that outlined the steps needed to capture technology improvements and achieve a 14% reduction in annual spending. Additionally, FTI Consulting validated the rationale for consolidating seven enterprise resource planning platforms on a global scale.
