Technology Category
- Cybersecurity & Privacy - Identity & Authentication Management
- Infrastructure as a Service (IaaS) - Cloud Databases
Applicable Industries
- E-Commerce
- Retail
Applicable Functions
- Sales & Marketing
Use Cases
- Leasing Finance Automation
- Retail Store Automation
About The Customer
IKEA is part of one of the world's largest home furnishing chains. In Austria, it serves customers through seven retail locations, covering an area of almost 200,000m², and a modern website, which saw a 68 percent increase in visits during 2019. The company was facing challenges with its outdated and siloed data process, which was labor-intensive and inefficient. The data team at IKEA believed in the power of data-driven decisions and aimed to disseminate crucial data across the organization to enhance collaboration and drive growth.
The Challenge
IKEA, a global home furnishing chain, was grappling with an outdated and siloed data process. The company was manually managing large amounts of data from various sources, services, and agencies, which was labor-intensive and inefficient. This data included not only the usual localized website and sales data but also crucial customer data from the IKEA Family Loyalty program. The data team aimed to disseminate this data across the organization, allowing other departments such as finance and e-commerce to gain access. However, the existing process made it challenging to turn this vision into reality. The company needed a solution that would establish data and facts as the foundation to accelerate and enhance IKEA’s overall growth.
The Solution
IKEA sought a solution that could be quickly and easily implemented within their tech stack, primarily composed of Microsoft products. They chose to use Power BI as a visualization tool, with data stored in a cloud-based SQL Server database, hosted on Microsoft Azure. The data was collected and transformed in the Adverity platform, which empowered the team to handle large amounts of disparate data. With high-quality data provided by Adverity, IKEA was able to transform the data into easy-to-understand charts and graphics in Power BI. This elevated their reporting from Excel and PowerPoint files, opening up a more sophisticated way to absorb the data. They were now able to draw new insights and identify the best routes for success.
Operational Impact
Quantitative Benefit
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