Enventure today announced that it was awarded a contract for Master Data Management by a world leader in the Industrial Products Manufacturing space. Enventure will conduct a systems study, structure the data, standardize the data as per industry best practices, classify, and enrich the data with accurate product information. The project work is expected to have a direct and positive impact on the client’s revenue and is part of an overall internal business reengineering initiative at the Client’s end. Enventure’s unique platform, combined with its domain expertise will ensure over 98% accuracy in the enhanced data, and a 30% faster project completion, which was the key reason the Client decided to award the contract to Enventure.
The client is a world leader in Industrial products and technology platforms with over 100 manufacturing units across the globe. Its major business is enabling 40 distinct industries by providing bearings, seals, condition monitoring systems, mechatronics products, services and lubrication systems.
The engagement will ensure that the client’s material master data is accurate, with enriched attributes and as per industry standards. Further, both the client and their customers will benefit from their improvement in supply chain efficiency and reduction in costs resulting from the data enhancement and reengineering. The client will also leverage Enventure’s multi-lingual capabilities, as the data needs to be made available in 4 European languages in a truly integrated manner.
“This win is a matter of pride for us, as we were in a very competitive situation and we are glad that the client chose our solution. We look forward to positively impact the client’s data ecosystem and ensure they are future ready for their growing business.” said CK Bharathan, Head of Master Data Management at Enventure.
Enventure Engineering LLP (www.enventure.com) is a privately-held, ISO 9001-2015 & ISO 27001-2013 certified Engineering and Master Data Management Services company, with full-fledged delivery center in India. Enventure has been serving clients across the globe since 1997. Today, Enventure is a preferred supplier of Engineering and Master Data Management services to companies ranging from Startups to Fortune 500, across various industry verticals such as Hi-tech Electronics, Construction, Automobile, Medical, Power & Water, Oil & Gas, and Industrial Manufacturing. Enventure provides a wide array of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Product Design, Technical Documentation, Component Engineering, Environmental Compliance Support and Master Data Management.