Satori worked with a top biotech firm that had recently acquired another firm to harmonize their 100+ business applications in use across the merged firm, giving our client a single source of truth for application harmonization information and a robust plan for completing the work.
Our client, a Top 10 biotech, undertook a major acquisition and implemented a typical 100 day integration plan. While foundational IT integration occurred that enabled day-to-day operations, no comprehensive plan was developed for harmonizing the 100+ business applications in use across the two companies. As a result, there was significant confusion about which applications would be kept and how this would impact business processes and capabilities.
We began by developing a comprehensive application inventory across the enterprise including Research, Development, Manufacturing, Commercial, and Corporate functions. We documented where harmonization decisions had been made (retain the existing application, migrate to a new application, etc.), and where they were still needed. We then worked with business and IT stakeholders to understand the implications of these harmonization decisions, including costs, synergies, and execution timing. From here, we developed an 18-month, three-wave Execution Plan to implement the application harmonization decisions.
As a result of our thorough application assessment and accompanying Execution Plan, our client finally had a single source of truth for application harmonization information and a robust plan for completing the work. Our client immediately began executing the Wave 1 actions. Additionally, the financial cost and synergy information we gathered enabled leadership to have greater transparency into the full value of the acquisition from an IT perspective.