Slope Software Leverages Sigma to Land its Biggest Deal and Achieve Record Revenue Growth
Customer Company Size
Mid-size Company
Region
- America
Country
- United States
Product
- Sigma
- Looker
- Snowflake
Tech Stack
- Cloud Data Warehouse
- Embedded Analytics
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Productivity Improvements
- Revenue Growth
- Cost Savings
Technology Category
- Platform as a Service (PaaS) - Data Management Platforms
- Analytics & Modeling - Predictive Analytics
Applicable Industries
- Finance & Insurance
- Software
Applicable Functions
- Business Operation
- Quality Assurance
Use Cases
- Remote Asset Management
Services
- Software Design & Engineering Services
- System Integration
About The Customer
Slope Software is a pioneering company in the actuarial field, founded by a seasoned actuary and an enterprise software engineer. It is the first and only cloud-native financial projection ecosystem designed specifically for the actuarial community. Slope Software enables actuaries to analyze, forecast, and manage the potential impact of risk more efficiently. The platform allows actuaries to focus on deriving key insights from data rather than managing software, which is crucial for making informed, data-driven decisions. Many leading insurance and pension companies rely on Slope Software to enhance their decision-making processes. The company has experienced significant growth, landing major clients and achieving record revenue growth.
The Challenge
Slope Software faced challenges with their initial analytics solution, Looker, which added unnecessary complexity and slowed down workflows. Looker required all data to pass through its proprietary modeling language, LookML, which strained resources and required Slope's development team to make adjustments for new capabilities. This process was time-consuming and inefficient, leading Slope to seek a more streamlined solution. They needed a platform that could simplify analytics and make data more accessible for their actuarial clients, without the added complexity of a business logic layer.
The Solution
Slope Software implemented Sigma as their new analytics platform, which provided a simpler and more powerful solution compared to Looker. Sigma's embedded software allowed Slope's customers to directly access live data in Snowflake without the need for an additional business logic layer. This enabled actuaries to analyze large datasets, uncover insights, and manage risks more effectively. The switch to Sigma reduced the workload on Slope's internal teams and empowered customers to perform tasks independently. Sigma's spreadsheet-like interface was intuitive for actuaries, facilitating quick adoption and proficiency. The platform also became a differentiator in Slope's sales cycle, helping them secure their largest customer by showcasing Sigma's capabilities.
Operational Impact
Quantitative Benefit
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