Mergers and Acquisitions
The number of corporate mergers and acquisitions continues to increase as companies seek to:
- Obtain competitive advantages,
- Enter new markets, and
- Eliminate competitors.
Not surprisingly, a high number of mergers - up to 70% according to some industry analysts - ultimately fail. A key contributor to failure is the inability to integrate information between the respective companies.
Because merging companies often use different computer applications and databases, the sharing of information and the synchronizing of operational systems are significant challenges for IT departments and corporate management alike. Until now.
Integrating Vital Data from Mergers and Acquisitions
dbSpaces helps IT staff and corporate management resolve the data integration challenges inherent in corporate mergers. With its ability to easily link disparate corporate data regardless of location or format, dbSpaces enables IT staff to integrate any information, quickly and with minimal effort, including:
- Financial
- Human Resources
- Inventory
- Operations
- Sales and Marketing.
As long as dbSpaces has a native or standard application interface driver for the data sources used within your acquired companies, it provides fast, easy, transparent access to all information.
dbSpaces can play an invaluable role in integrating merged entities as follows:
- Corporate Reporting. dbSpaces enables your management staff to use existing report generation tools to run reports that include data from all enterprise-wide data sources, including those within newly acquired companies, regardless of their data type or format.
- Decision Support. Managers can use their decision support applications, using data from acquired entities to ensure that all relevant information is factored into key business decisions.
- Data Distribution. dbSpaces provides a fast, easy and accurate way to distribute information, such as price lists and product information to applications or databases company-wide, including any new data sources acquired. And its ability to provide authorized employees with the capability to access, view, manage, replicate, update, query and deploy relevant information wherever needed fulfills a key information requirement.
- Preserving Your Investment. dbSpaces allows you to transparently add new data sources in a plug'n'play fashion so existing applications can continue to be used, and new applications can work with existing data sources.
IT staffs striving to cope with the challenges of merging business entities use dbSpaces to:
- Provide real-time, easy access to all the merged corporate information, allowing existing applications access to valuable information;
- Allow users to see virtual views of information, an aggregation of information that doesn't exist in one specific database;
- Connect to multiple data sources simultaneously, as if they were a single data source;
- Access and security features that govern user authorization privileges and enable audit tracking of changes;
- Alias table and column names which may not be suitable for reporting (legacy, flat file, JSON file or COBOL);
- Eliminate the delay and significant expense of writing custom data integration programming code, and
- Reduce support costs by using powerful Virtual Database Technology to manage their corporate data integration requirements.
If you face the challenge of integrating data from merged or acquired business entities, dbSpaces is the solution for you.