Asian Paints Primes its Data with Informatica
News Facts:
• Informatica Corporation (NASDAQ: INFA), the world’s number one independent provider of data integration software, today announced that Asian Paints, a leading paint manufacturer in India, has implemented Informatica PowerCenter, and integral component of the Informatica Platform, to create a highly available, unified product costing system. The Informatica solution is vital to the company’s market responsiveness and continued success.
• Using the Informatica Platform has enabled Asian Paints to slash the time required to run its sophisticated costing model from 24 hours to just 20 minutes, nearly a 99 percent reduction in time.
• The Informatica solution:
o Delivers a consistent, trusted view of costing data across multiple disparate systems to power critical pricing and marketing decisions, cost saving measures, inventory valuations, demand forecasts and income projections.
o Increases productivity and opportunities for analytic insight, with product costs now calculated concurrently, rather than sequentially, across all Asian Paints business units and five paint manufacturing plants in India.
o Lowers operating costs since business-critical data is now integrated and delivered in the right format at the right time.
o Simplifies decision-making around ingredients and formulas by enabling the setting of varied alternatives across products and production facilities.
o Replaced legacy standalone pricing system that was subject to extensive and costly manual intervention and opportunities for error.
• The new product costing system is the latest part of a larger deployment of the Informatica Platform at Asian Paints, which has standardized on Informatica for data integration enterprise-wide.
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