- creates a single information space to analyze operational and financial indicators and quickly make management decisions;
- compares the company's results with industry best practices and similar data from competitors;
- builds the budget model and administrative reporting of a gold mining company based on industry standards and practices;
- analyzes sustainability, impact on the company's cash flow, conducts post-investment analysis.
The peculiarity of the solution is availability of the ready budgeting and management reporting models. All industry KPIs were used in their creation. Additionally, CN Planning Analytics provides the ability to use data from mining planning platforms and other solutions that are used in the gold mining industry. IBM has included the new IT solution in its IBM Global Solutions Directory.
The functionality of the solution is confirmed not only by the recognition of the vendor, IBM, but also by the high performance in the automation of Nordgold's business processes
Nordgold is an international gold mining company from Russia, with a production volume of over one million ounces. It operates nine operations (in Russia, Kazakhstan, Burkina Faso and Guinea) and projects in Eurasia, West Africa and North and South America. Odyssey Consulting Group is a division of an international IT-consulting company, which deals with implementation of corporate IT-systems. The company works with the spheres of retail, food industry, distribution, and discrete manufacturing. It is an official partner of IBM.
