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Huntsman standardizes BI solution and reduces costs

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Cognos enterprisewide analytics platform IBM improved productivity reduce audit fees reduce cost

By IBM | Jan 27, 2010

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As a result of its growth by acquisition strategy, Huntsman Corporation realized it had too many disparate IT systems in place. To streamline the process, the company elected to standardize some of its IT solutions. One such exercise involved deploying one single business intelligence solution.

This case study reviews the challenges faced by Huntsman and the processes that led to the selection of Cognos as the BI platform of choice for the company. By standardizing its financial close process on IBM Cognos TM1, Huntsman Corporation reduced audit fees, avoided headcount additions, improved productivity, and created an enterprisewide analytics platform.

Huntsman Corporation is a global manufacturer of chemical products used in a variety of applications, including adhesives, aerospace, automotive, construction products, electronics, and chemicals. The company operates in five segments: polyurethanes, advanced materials, textile effects, performance products, and pigments.

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