{"id":2584,"date":"2018-05-25T06:06:22","date_gmt":"2018-05-25T06:06:22","guid":{"rendered":"https:\/\/www.veritis.com\/?post_type=case_study&p=2584"},"modified":"2025-06-09T10:42:57","modified_gmt":"2025-06-09T10:42:57","slug":"building-real-estate-it-business-infrastructure-with-bi-analytics","status":"publish","type":"case_study","link":"https:\/\/demolobby.com\/veritisbeta\/case-studies\/building-real-estate-it-business-infrastructure-with-bi-analytics\/","title":{"rendered":"Real Estate IT Business Infrastructure with BI Analytics"},"content":{"rendered":"

\"Real<\/h2>\n

Client Information<\/h3>\n

The client is a globally-renowned commercial real estate firm majorly into real estate services and investment. With nearly 500 offices globally, the company has a good client base spread across more than 100 countries. The firm\u2019s services portfolio includes a range of services involving capital markets, brokerage and property management, among others for commercial real estate players.<\/p>\n

Project Details<\/h3>\n

This project is intended to support the client\u2019s business through effective IT infrastructure solutions<\/a> with prime focus on Financial Performance Optimization<\/a>(FPO) and overall Business Intelligence (BI). With the inclusion of a wide range of new-age technology solutions and data warehousing methods, the project was intended to gain all-round information on BI & Analytics of the client\u2019s business, with special emphasis on financial and HR reporting.<\/p>\n

Challenges Faced by the Client<\/h3>\n

1) Data Discrepancies in Business Intelligence Reporting<\/h4>\n

The client experienced data discrepancies across their financial and HR reporting, which impacted their ability to generate accurate Business Intelligence (BI) insights. This issue created a challenge in ensuring consistent and reliable data for decision-making across the organization.<\/p>\n

2) Optimization of Financial Performance and Resource Analytics<\/h4>\n

The client required a comprehensive solution to optimize financial performance and resource analytics. One of the primary challenges in this project was ensuring real-time access to performance data and HR reporting while avoiding delays or inaccuracies.<\/p>\n

3) System Upgrade and Integration Challenges<\/h4>\n

The project involved upgrading to Oracle Database 12c and OBIEE 12c, which presented technical challenges related to system integration and data migration. A major priority was ensuring that the upgrade did not interrupt ongoing operations.<\/p>\n

4) Improving Data Visualization and Reporting Performance<\/h4>\n

The client\u2019s existing data visualization tools and dashboards were slow, generating reports in more than 10 seconds. Improving the speed and efficiency of these visualizations while maintaining high data accuracy was a critical requirement.<\/p>\n

Solutions Provided by Veritis<\/h3>\n

1) Addressing Data Discrepancies Using Fit-Gap Analysis<\/h4>\n

Veritis conducted a thorough Fit-Gap Analysis to identify and eliminate data gaps. By aligning the data sources and enhancing data quality, Veritis ensured that the client\u2019s financial and HR reporting was accurate and reliable, providing consistent Business Intelligence across the organization.<\/p>\n

2) Comprehensive Financial and Resource Analytics Optimization<\/h4>\n

Veritis utilized Oracle Business Intelligence Enterprise Edition (OBIEE) to optimize financial performance and resource analytics. This included designing dimensional hierarchies, creating custom reports, and developing advanced data models to ensure real-time, accurate reporting for finance and HR teams.<\/p>\n

3) Seamless System Upgrade to Oracle DB 12c and OBIEE 12c<\/h4>\n

Veritis assisted the client with a smooth upgrade to Oracle DB 12c and OBIEE 12c, ensuring the system was fully functional without causing any disruptions to the business. Thorough testing and integration measures were implemented to guarantee a seamless transition and optimized performance.<\/p>\n

4) Enhancing Data Visualization and Dashboard Performance<\/h4>\n

Veritis improved the client\u2019s dashboard and reporting performance by optimizing queries, utilizing custom SQL, and recommending ETL enhancements. This reduced report generation times to under 10 seconds and enhanced the overall visualization experience, providing more insightful data to the client\u2019s stakeholders faster.<\/p>\n

Veritis Approach<\/h3>\n

Veritis team<\/a> of technical experts followed a robust approach to avoid data discrepancies and enhance data visualization within the client\u2019s business through the full-fledged optimization of the client\u2019s financial performance and resource analytics with the help of Oracle Business Intelligence Enterprise Edition (OBIEE).<\/p>\n

Key responsibilities held:<\/h3>\n

Some of the key responsibilities held as part of the project:<\/p>\n