Articles

As a global leader in the manufacturing of automobiles, motorcycles, and power equipment, Honda’s finance transformation department depends on data sourced from many different divisions and business lines. Because the company produces a broad range of products, it’s easy for master data to be siloed within these divisions. This creates a lack of alignment across the organization.

According to research conducted by Accenture1, 88 percent of corporate data never gets analyzed. This means that in today’s data-dependent business environments, many large corporations—including insurance providers—aren’t getting any value from the massive volume of data they collect.