Agility and flexibility in the data evaluation of a theme park

TM1 enables simple and fast reporting, analysis and planning processes.

Complex data structures and various tools often present companies with challenges when it comes to evaluating and using their data. At the same time, the optimal use of data is the basis for being able to make well-founded decisions. With the support of TIMETOACT, a theme park in Germany has already been using TM1 for many years in different areas of the company to carry out reporting, analysis and planning processes simply and flexibly.

Initial situation:
  • Many evaluation tools
  • Different reporting requirements
  • Data evaluation required a lot of time and personnel 
Solution:

TM1 to automate analysis, planning and forecasting processes and enable intelligent workflows

Added value:
  • AI-based planning
  • Individual adaptation of data preparation for each department
  • Total overview of data in one tool
  • Possibility of synchronous collaboration 
  • Flexible implementation and high scalability

TM1 is logical and easy to use. With the dynamic evaluations companies save a lot of time and manpower

Markus WittmerTIMETOACT

TM1 is an indispensable part of the everyday business of a theme park

A theme park in Germany has been using TM1 in many ways for many years. Many systems, new reporting requirements as well as manual preparation and analysis of numerous data did cost a lot of time and personnel. In order to optimize business processes, a solution was needed that would act as an interface to combine and evaluate data from different systems. TM1 covers all functions in one tool and is used very flexibly by the individual departments of the theme park administration:

  • Reporting – Regular reports to the parent company

    What used to be a very time-consuming process is now largely automated when it comes to creating and sending internal company reports. These include, above all, cost/revenue reports from the theme park, gastronomy and hotel sectors. Hotel occupancy, staff hours, and the running and standing times of rides are also recorded. Another important component of reporting is the development of visitor numbers. This includes not only the pure recording of the number of visitors, but also the sales figures for tickets in the individual sales channels. Thanks to the automated recording and preparation of the data in dashboards, KPIs can be continuously monitored and optimizations derived.

  • Analyses  Gaining detailed knowledge about the visitors

    An important part of the analyses in the theme park is the analysis of the origin of the visitors: Where do the guests come from? Who are the guests? The origin analysis and visitor numbers provide information on how interest is developing in specific segments and whether the marketing campaigns carried out have paid off. In addition, the system records when visitors book a room at the hotel and when they start their visit in order to perform an accurate occupancy analysis and, above all, to predict group bookings. With the help of TM1, the complex ticket structure (one-way tickets, annual passes, vouchers, etc.) can be taken into account, which is difficult to do with many other tools. In addition, as part of the merchandise management analysis, it is possible for the theme park to know the stock range, analyze and calculate the quantities. AdHoc analyses are another important functional area of TM1, in addition to the classic analyses, in order to be able to collect and examine flexible and spontaneous data.

  • Planning processes  deriving strategies for the future

    Based on the reporting and analysis processes, specific strategies for further action on the respective areas are developed in the planning phase. By analyzing the origin and target groups, the theme park can plan targeted marketing campaigns (such as regional marketing) and implement them accordingly. In addition to classic revenue planning, forecasts are also used to plan the occupancy rate of overnight accommodations in the short term. Depending on the occupancy rate, the price for hotel rooms can be controlled and adjusted accordingly. In the context of inventory management, the necessary quantity can be ordered at the right time based on data.

What is Planning Analytics?

IBM Planning Analytics is a universal solution that uses Artificial Intelligence (AI) to automate analysis, planning and forecasting processes and enable intelligent workflows. This enterprise performance management tool is based on Multidimensional OLAP Database TM1, IBM's powerful computational engine. This allows for easy and fast ad-hoc evaluations as well as standard reporting, especially for operational sales and financial management. 

Overcoming manual planning limits

The big advantage besides AI-based planning is that with TM1 everything comes from a single source and the preparation of data can be customized for each department. Time-consuming collection and collation of data from different systems is a thing of the past; instead, companies receive an overall view of the data in one tool and can collaborate synchronously across the company. In addition to the outstanding scalability for growing companies, TM1 can be flexibly implemented – whether in on-premises environments or in the Cloud – and the data can be accessed at any time and from anywhere.

Personal exchange as the basis for cooperation

The procedure for the introduction of TM1 and support of projects is always agile. In joint workshops, the requirements are discussed and a rough solution is developed – without requirements or functional specifications. Our expert takes over the implementation of the solution in TM1 and assembles an appropriate user interface. User administration, data preparation and reporting can finally be taken over by the customer if desired, TIMETOACT is always available for feedback and help. "Cost compliance, thinking along and suggestions for new topics, direct contact, no waiting loops as well as adhoc help – this is very important to us for our customers. ", says Markus Wittmer from TIMETOACT.

Sprechen Sie uns gerne an!

Markus Wittmer
TIMETOACT Software & Consulting GmbHContact
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IBM Planning Analytics mit Watson

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TIMETOACT has been supporting the sports retailer for more than two years, not only for the support of the ILMT, but also for consulting on IBM Cognos - which was part of the IBM audit, among other things.

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IBM Cloud Pak for Data Accelerator

For a quick start in certain use cases, specifically for certain business areas or industries, IBM offers so-called accelerators based on the "Cloud Pak for Data" solution, which serve as a template for project development and can thus significantly accelerate the implementation of these use cases. The platform itself provides all the necessary functions for all types of analytics projects, and the accelerators provide the respective content.

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Consulting for IBM products

IBM Software & Consulting with passion and experience – you can rely on us. Services relating to IBM Software Solutions have always been an integral part of our offer.

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Consulting for IBM products

IBM Software & Consulting with passion and experience – you can rely on us. Services relating to IBM Software Solutions have always been an integral part of our offer.

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Consulting for IBM products

IBM Software & Consulting with passion and experience – you can rely on us. Services relating to IBM Software Solutions have always been an integral part of our offer.

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Consulting for IBM products

IBM Software & Consulting with passion and experience – you can rely on us. Services relating to IBM Software Solutions have always been an integral part of our offer.

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Consulting for IBM products

IBM Software & Consulting with passion and experience – you can rely on us. Services relating to IBM Software Solutions have always been an integral part of our offer.

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The discipline of Business Intelligence provides the necessary means for accessing data. In addition, various methods have developed that help to transport information to the end user through various technologies.

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Microsoft SQL Server

SQL Server 2019 offers companies recognized good and extensive functions for building an analytical solution. Both data integration, storage, analysis and reporting can be realized, and through the tight integration of PowerBI, extensive visualizations can be created and data can be given to consumers.

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IBM Netezza Performance Server

IBM offers Database technology for specific purposes in the form of appliance solutions. In the Data Warehouse environment, the Netezza technology, later marketed under the name "IBM PureData for Analytics", is particularly well known.

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Interactive online portal identifies suitable employees

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Smarter mobility with the portal switchh

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AI & Digitization for the Transportation and Logistics Indus

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Talend migration in record time

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IBM Watson® Knowledge Catalog/Information Governance Catalog

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Digitization of the energy industry

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The prefabricated house specialist SchwörerHaus KG has relied on IBM technology for many years to set up a digital customer file.

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Talend Data Fabric

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IBM Cloud Pak for Data – Test-Drive

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Automation lays the foundation for smooth archive changeover

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Standardize and optimize project management | Atlassian

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HCL

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Digitized processes increase efficiency

TIMETOACT & X-INTEGRATE accompany energy supplier e-regio on the way to digitalization. The consulting services in the project included the fields of content management, archiving, collaboration and automation.

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Unlock the Potential of Data Culture in Your Organization

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On-site digitization partner for insurance companies

As TIMETOACT GROUP, we are one of the leading digitization partners for IT solutions in Germany, Austria and Switzerland. As your partner, we are there for you at 17 locations and will find the right solution on the path to digitization - gladly together in a personal exchange on site.

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TIMETOACT implements integrated insurance software

Less than one year from project start to system implementation: TIMETOACT developed the integrated, browser-based insurance software "HERMES" for the VOV D&O insurance association. The cross-departmental individual software completely covers all core processes of the insurance company. Users particularly appreciate the intuitive user interface and the high performance of HERMES.

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Custom licensing

MARKANT Handels und Service GmbH (MARKANT) is fully exploiting the potential of its IBM software licenses with this year's license renewal. Instead of relying on IBM's traditional Passport Advantage model as in the past, MARKANT is using a licensing concept specially adapted to the company for the first time.

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As "HCL Platinum Business Partner" we have years of experience with their tools and will continue to make use of them in the future. The TIMETOACT GROUP is one of the largest HCL Software Services providers in Germany, Austria and Switzerland.

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Buchi Labortechnik AG: Successful migration to the cloud

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Common Mistakes in the Development of AI Assistants

How fortunate that people make mistakes: because we can learn from them and improve. We have closely observed how companies around the world have implemented AI assistants in recent months and have, unfortunately, often seen them fail. We would like to share with you how these failures occurred and what can be learned from them for future projects: So that AI assistants can be implemented more successfully in the future!

Aqeel AlazreeBlog
Blog

Part 1: Data Analysis with ChatGPT

In this new blog series we will give you an overview of how to analyze and visualize data, create code manually and how to make ChatGPT work effectively. Part 1 deals with the following: In the data-driven era, businesses and organizations are constantly seeking ways to extract meaningful insights from their data. One powerful tool that can facilitate this process is ChatGPT, a state-of-the-art natural language processing model developed by OpenAI. In Part 1 pf this blog, we'll explore the proper usage of data analysis with ChatGPT and how it can help you make the most of your data.

TIMETOACT
Technologie
Headerbild zu IBM Watson Discovery
Technologie

IBM Watson Discovery

With Watson Discovery, company data is searched using modern AI to extract information. On the one hand, the AI uses already trained methods to understand texts; on the other hand, it is constantly developed through new training on the company data, its structure and content, thus constantly improving the search results.

TIMETOACT
Technologie
Headerbild zu Incident Kommunikation Management
Technologie

Incident communication management

Statuspage allows you to keep track of the status of individual system-relevant components as well as a history of past incidents. Our self-created solution also allows you to connect various monitoring tools and query them in specific cycles. The component failure automatically generates an e-mail to your ticket system.

Walldorf Consutling
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No Tag

Data Analytics / Analytics Cloud

Walldorf Consulting is the ideal partner for the cloud-based transformation of procurement processes and the digitalization of procurement departments. Using state-of-the-art methods and best practices, we design efficient, scalable procure-to-pay processes and implement them securely and compliantly with SAP technology. Walldorf Consulting has PartnerEdge authorization for Ariba Solutions, the world's leading procurement suite from SAP. Together with you, we realize your optimal procurement management - from the requirements analysis, through the development of the test system and the introduction of the applications, to the training of key users.

TIMETOACT
Referenz
Referenz

Managed service support for central platform stability

To ensure the quality, availability and performance of the platform at all times, TIMETOACT supports N-ERGIE as a managed service partner.

TIMETOACT
Referenz
Referenz

N-ERGIE bypasses costly IBM audits with IASP program

The management of IBM licenses poses challenges for companies. By participating in the IASP program, N-ERGIE Aktiengesellschaft avoids time-consuming IBM license audits.