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 of experts assessed the company’s portfolio and identified opportunities for cost reduction, presenting the client with a comprehensive plan for digital product development and migration paths. Additionally, FTI Consulting validated the rationale for consolidating seven enterprise resource planning platforms on a global scale.
In their role, FTI Consulting was tasked with evaluating 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 these efforts was a prioritized implementation roadmap that outlined the steps needed to capture technology improvements and achieve a 14% reduction in annual spending.
