CSC Leverages Partnership With Oracle to Enhance Enterprise Performance

Strategic Insights -

Computer Sciences Corporation (CSC) has announced a strategic initiative to extend its relationship with Oracle Corporation, leveraging Oracle's Strategic Enterprise Management (SEM) to extract critical customer, product, and business performance information from ERP systems. This initiative aims to help clients develop and implement advanced cost-management and performance-measurement techniques, ultimately driving increased shareholder value. CSC's SEM services will focus on activity-based costing/management and balanced scorecard performance measures, providing clients with a comprehensive view of their business performance.

Key Takeaways:

  • CSC's partnership with Oracle will help clients extract and analyze critical customer, channel, segment, service, and product profitability information from ERP systems.
  • The initiative will focus on activity-based costing/management, which provides visibility into the cost of work performed and improves the accuracy of product, service, and customer costing.
  • Balanced scorecard performance measures will be used to assess enterprise progress in achieving critical goals and objectives, driving increased shareholder value.
  • CSC's SEM services will help clients navigate the transition from PC-based cost-management and performance-measurement applications to robust enterprise-wide solutions.
  • The partnership will leverage ERP systems to tap the full potential of integrated applications, enabling clients to reduce enterprise operating costs and improve business decision-making.
  • Chief financial officers believe there is a serious "information gap" in most analytical areas, limiting business performance and decision-making.
  • Measuring product and customer profitability and reducing enterprise operating costs are the top two areas most constrained by a lack of technology.

Statistics:

  • CSC had revenues of $7.4 billion for the twelve months ended January 1, 1999.
  • The company has more than 50,000 employees in over 700 offices worldwide.
  • CSC's SEM initiative is targeted at assisting clients as they navigate through the transition from PC-based to enterprise-wide cost-management and performance-measurement solutions.

Sources:

  • CSC Press Release, "CSC Leverages Partnership With Oracle to Tap Critical Customer, Product and Business Performance Information From ERP Systems," April 19, 1999.
  • Financial Executives Institute and CSC, "Technology Issues for Financial Executives," 1999 annual report.
  • Computer Sciences Corporation, press release, "CSC and Oracle Partnership to Enhance Enterprise Performance," April 19, 1999.