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Power International Revolutionizes its Data Platform in the Cloud with ΒιΆΉΤ­΄΄ and Google

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June 12, 2024 β€” (NYSE: ΒιΆΉΤ­΄΄) today announced that POWER International, the leading home electronics retailer in the Nordic region, has revolutionized its data platform by combining ΒιΆΉΤ­΄΄ Datasphere and Google BigQuery. The cloud-based platform allows real-time data replication, less re-engineering, live reporting – and boosting real-time analytics.ΜύΜύ

POWER International currently has 269 stores and online shops and 6,000 employees in Norway, Finland, Denmark and Sweden with a yearly turnover of 20 billion NOK (appr. 1.7 billion Euro). The company is on an IT modernization journey and shift to the cloud. The strategic goal is to increase the market share to become the largest and preferred retailer of consumer electronics in the Nordic region.ΜύΜύ

β€œWe have a very ΒιΆΉΤ­΄΄-influenced system landscape and was looking for a solution to move data to the cloud in a secure way. ΒιΆΉΤ­΄΄ Datasphere suits us perfectly and simplifies our data landscape, saving hundreds of hours every year in pipeline development,” says Frode NΓ¦ss Larsen, CIO at POWER International.Μύ

currently has a 70 TB large data warehouse where more than 5 TB of data is processed each day and more than 10 million transactions generated daily. The data services are consumed by up to 6.000 employees and more than 200 suppliers.ΜύΜύ

The IT landscape has traditionally been characterized by a variety of different technical solutions and in 2005, POWER International went live with ΒιΆΉΤ­΄΄ Business Warehouse. The combination of ΒιΆΉΤ­΄΄ Datasphere and Google BigQuery contributes to generating cost savings, optimizing inventory and staff, and making data driven decision-making the new gold standard in all parts of the organization.ΜύΜύ

β€œOur goal is to enhance stability in everyday operations for everyone utilizing our new data solutions. Previously, we generated large static reports and batches of data during the night. With our new data platform, employees can now perform their own analyses independently throughout the day, promoting a true self-service analytics environment without direct involvement from IT. This change allows for a much quicker transition from idea to final data product, driving the shift from traditional reporting to action-driven analytics,” says Stian Skotland, Head of Data & Analytics at POWER International.ΜύΜύ

The new solution was implemented, and all ΒιΆΉΤ­΄΄ data was transferred during spring 2024. Implementing new front-end analytics capabilities is discussed as the next step – as well as more AI capabilities.Μύ

β€œOur collaboration with ΒιΆΉΤ­΄΄ and Google is a step in that direction. AI can have a positive effect on many different parts of our business, and we are running tests to produce even better reports. But it’s important to have a pragmatic and sensible approach – there is not one thing that magically solves everything”, says Frode NΓ¦ss Larsen.Μύ

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