FTI Consulting’s $48 Million Tech Savings Strategy for Global Publishing and Education Company

FTI Consulting teamed up with a leading global company in publishing, education, and digital products to identify annual technology savings of $48 million. The collaboration involved a thorough assessment of the company’s portfolio and the identification of areas where cost savings could be achieved.

FTI Consulting was tasked with evaluating the current state of the company’s systems, integrations, infrastructure, technical debt, enterprise data management, and project pipelines. The team developed a comprehensive strategy for product technology that focused on standardizing the product development life cycle to ensure consistency and uniformity across the organization. This strategy included creating a prioritized implementation roadmap that would yield significant technology improvements and ultimately reduce annual spending by 14%.

In addition to this, FTI Consulting validated the business case for consolidating seven enterprise resource planning (ERP) platforms on a global scale. By closely examining the company’s operations and technology infrastructure, our experts were able to identify opportunities for improved efficiency and cost savings. This collaboration resulted in a clearly defined plan for streamlining technology operations and maximizing financial value for the organization.