A business merger and acquisition is perhaps the most disruptive business process for information technology. Everything needs to remain up and running while IT merges the data systems upon which the new business depends. Maxxphase Data Compatibility Standards streamlines business integration and simplifies the merger and acquisition process.
Direct Data system Interoperability with Automatic Data Intergration Across Organizations
A mergers and acquisitions integration is a massive IT nightmare. Conventional incompatible data systems demand the arduous task of migrating data from newly-acquired organizations. Normally, this involves migrating and transforming vast amounts of data from a first set of native data systems of one organization to a target set of native data systems of the other organization. This migration process is very challenging -- it costs far too much, takes far too long and fails far too often. The migrated data is often riddled with errors, which complicates operations, slows down business integration and hampers efficiency.
Beyond operational issues, some of the duplicate data systems and their associated hardware and facilities need to be retired. These redundant assets are costly to maintain, so eliminating them quickly is key. However, the lack of agility with conventional migration methods – a necessary outgrowth of incompatible data systems – means these savings will take longer to be realized.
Mergers and Acquisitions
with Compatible Data Systems
Data compatibility offers a more rational and agile approach to mergers and acquisitions. Applying Maxxphase Data Compatibility Standards to the data systems of both organizations results in instant data compatibility between the merging organizations, providing direct and seamless data interoperability among all data systems. Direct interoperability across organizations adds the flexibility to IT and business data systems to support the business merger and making it easier to merge data systems quickly and accurately.
In most organizations, the day-to-day operations of the business are dependent upon their data systems. Once those systems of each organization have been made compatible, both organizations will have access to real-time data from all operational data systems, meaning they can continue business as usual while operations are retooled. Once this sort of business agility is established, transitioning to a single set of operational data systems is far simpler.
Data compatibility across organizations also facilitates operational, tactical and strategic decision-making by bringing compatibility to each organization's decision support data systems. The native decision support data systems of each organization remain independent from one another, making it possible to view the data as a single, consolidated organization or as two separate organizations. This allows organizations to continue to operate independently in some respects during the transition while directly and dynamically consolidating data and information for the merged view.
This type of business management flexibility is indispensable during the actual merger. For example, you may want consolidated reporting for finance while using separate organizational reporting for supply chain management. As business is then transitioned from two organizations to one, your compatible data systems are a great asset to unify operations. As duplicate data systems are no longer needed, they may be retired without sacrificing relevant data for historical and regulatory reasons.
Data compatibility provides the flexibility needed to support all your business needs even in the most disruptive of times. With data compatibility, IT integration is a smooth and seamless process.