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Highlights
Meet Alison Peterson: Director of Saxony Partners' Digital Practice

– Peterson had to adjust to her brand-new role as the Director of Saxony’s Digital Practice in the midst of a global pandemic. At Saxony, understanding our clients’ business initiatives and objectives is critical, as we have a business first, technology second approach,” Peterson said. Making digital practical means leveraging modern technology solutions to help you achieve your business goals, with a focus on a quick return on investment. When she isn’t busy helping clients achieve their digital goals, you can find Peterson spending time with her two sons (ages 5 and 2) and her husband, traveling, cheering on the SMU Mustangs and New Orleans Saints, and frequenting Texas country concerts.

Buy vs. Build: 3 Reasons to Choose a Custom Software Solution

Some companies have disparate software platforms and technology ecosystems that need to be integrated into a new enterprise-level software solution – but not all software and systems can seamlessly co-perform, or even co-exist, with an off-the-shelf solution. The goal of an enterprise-level, cloud-based solution is to funnel data into a centralized location, eliminating silos and allowing you to leverage analytics into make data-driven decisions on behalf of your company. The result was a customized KDS that was more cost-effective than off-the-shelf options – one that integrated existing, disparate software systems and delivered analytics that improved order fulfillment, food quality, and customer experience. In some cases, your company may be able to purchase an off-the-shelf software product that seamless integrates with your existing technology stack and aligns with your current and future business goals.

Rightsizing Technology for Business Goals

The companies are over-estimating the amount of cloud capacity they need to pay for because the in-house data centers they’ve been relying on are poorly configured. Koomey’s research shows that roughly 8 out of every 10 data centers have more server capacity than needed, which is simply a waste of electricity and cooling resources. More than $2.5 million had been invested in a cloud data warehouse that was not built to process the types of data the company typically accumulated. The resulting product was a cloud database that was rightsized to meet the client’s current needs – but scalable to account for future growth.

Leveraging Data to Transform Mortgage Arm

This led to the first intervention: Saxony’s team connected the firm to a pricing database that allowed the capital markets team to receive real-time updates. Here’s the big takeaway: By leveraging real-time capital markets data, paring down their technology stack to the essentials, and aggregating all their data into one place, the company went from losing $3 million per month to break-even in just 18 months. * Saxony’s team connected the firm to a pricing database that allowed the capital markets team to receive real-time updates, making a significant impact on profitability. * Saxony’s team connected the firm to a pricing database that allowed the capital markets team to receive real-time updates, making a significant impact on profitability.

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