siliconindia | | June 201519In Depth EPM CapabilitiesTechwave specializes in implementation of EPM solutions for financial consolidations, Enterprise Planning, forecasting, strategic planning and annual planning solutions. "In these area we have pre-configured solutions that we go to our clients with, and a predefined methodology, IEPM (Integrated Enterprise Performance Management) that helps to implement our plans," Raj elaborates. The pre-considered solutions save lot of time and money in coming to the table, drawing it all away from the whiteboard to having a solution that already works. The clients' recommendations help Techwave to streamline their solutions. The unique thing about Techwave and EPM solutions is Techwave enable clear collaboration between the business and technology teams digressing from the traditional manner of business-driven EPM. "It actually mitigates the entire risk of the project because everybody is educated all the way along the project and they know what is expected out of that project," states Damodar. Partnership with GiantsSince its inception, Techwave has worked in close partnership with SAP, who was also first among the giants to incorporate BI tools with its ERP solution. Naturally, the partnership with the thought leaders, Techwave Consulting, boosted the SAP ERP implementation success rate. Apart from SAP, Techwave has strong capabilities in Oracle OBIEE and Hyperion, SAP ERP, BPC and HANA, IBM's Cognos, and Microsoft Dynamics. "These partnerships enable us to explain our clients which particular tool(s) really fit their needs so that they can quickly generate the desired value of it, in a timely and cost-effective fashion," delineates CEO of Techwave. "We ensure that our client's investments are optimized through providing right strategy and implementation of technology platform that drives business value and ensures competitive advantage."The partnership has also enabled Techwave to work with the visionary organizations in pioneering into new space such as HANA of SAP, Cloud-based offering from Microsoft and IBM. Techwave gets to use the new tools before it is even released, understands and tries to give a feedback. "Currently, we are partnering with SAP in Middle East in Real Estate solutions and even in treasury and financial management areas. We are helping them to co-develop and improve the REFX kind of solutions," adds Damodar. The partnership combined with the technical expertise and business understanding of the duo has enabled Techwave Consulting to become a go-to partner for many of the Fortune 500 companies, in just 11 years from its inception. Fortune Magazine has also added to the decoration of mantelpiece of Techwave Consulting by naming the company as Pennsylvania IT/Technology Leader. Building on the accolades received, Techwave is looking forward to continue on the growth path by investing heavily in ISMAC (IoT, Social Media, Mobile, Analytics, and Cloud). In terms of geographic expansions, Techwave is looking to expand its services to Europe, Africa, and APAC region. "Techwave's vision has always been making sure that we grow with the value we provide to our clients," concludes Raj.Raj Gummadapu, SVP & COOWe are helping our clients to migrate from generic, traditional and operational reporting to more of a insights based solutions leveraging the technology evolution that is happening today
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