HomeSuccess StoriesEnhancing IT asset management: LähiTapiola's PowerBI analytics implementation 

Enhancing IT asset management: LähiTapiola's PowerBI analytics implementation 

LähiTapiola logo

LähiTapiola is a leading Finnish mutual insurance company that offers a comprehensive range of services, including life, health, property, and casualty insurance, as well as investment and savings products.

Client:

LähiTapiola

Industry:

Finance and insurance

Country:

Finland

Services:

Data and insight

Team:

Project manager, BI developer, Technical Manager, System Analyst

Introduction

LähiTapiola is a leading Finnish mutual insurance company that offers a comprehensive range of services, including life, health, property, and casualty insurance, as well as investment and savings products. Committed to maintaining their industry leadership and operational excellence, LähiTapiola identified a need to ease and improve their IT asset management monitoring notifications and alerts. Their goal was to develop a more efficient, transparent system that would support better decision-making and resource allocation. 

 

Challenge

Prior to the new solution, LähiTapiola faced significant challenges in managing their IT assets effectively. The company relied on multiple data sources to collect reports and information, which made the consolidation process time-consuming and cumbersome. Manual efforts were required to create IT asset management reports, leading to inefficiencies and a higher likelihood of errors. These issues resulted in a lack of transparency and detecting mistakes in the data. Recognizing the impact on their operations, LähiTapiola sought a solution that would automate reporting, highlight deviations in IT asset data, and provide timely notifications about current or upcoming tasks. 

 

Solution

To address these challenges, LähiTapiola developed a comprehensive solution that involved creating a SQL database to collect and combine relevant data from various sources. They leveraged Microsoft PowerBI for analytics and reporting, providing management with insightful visualizations and easy access to critical information. Key features of the solution included automated reporting processes to reduce manual workload, consolidated data sources for improved transparency, and integrated notifications to promptly alert staff about deviations or upcoming tasks.  

 

The technology stack consisted of Microsoft PowerBI, an on-premise SQL Server, Microsoft Azure, and an on-premise Data Gateway, ensuring seamless integration, secure data handling, and reliable performance. 

 

Result

The implementation of the PowerBI analytics and reporting solution significantly enhanced LähiTapiola’s IT asset management. Management could now access all relevant information at a glance through consolidated dashboards and visualizations, improving decision-making and operational oversight. The automation of notifications and the inclusion of search functions in a single platform streamlined workflows, reducing the time spent on manual reporting and data consolidation. This led to increased transparency across the organization, quicker responses to deadlines, and the ability to promptly identify and correct any data discrepancies. Overall, the solution improved efficiency, allowed the company to reallocate resources more effectively, and supported a focus on strategic initiatives over administrative tasks. 

 

Summary

LähiTapiola, a Finnish mutual insurance company specializing in insurance and financial services, implemented a PowerBI analytics and reporting solution to enhance and streamline their IT asset management monitoring and notifications. This initiative automated their reporting processes, increased transparency, and enabled timely responses to data discrepancies and upcoming tasks, ultimately reducing manual workload and improving operational efficiency. 

 

Own words

We are thrilled with the innovative approach and comprehensive solutions provided by Euvic Finland in our IT Asset Management Reporting project. Their expertise and dedication have significantly enhanced our IT asset tracking and reporting capabilities, ensuring greater efficiency and accuracy in our operations.

Sami Holopainen

Director at LähiTapiola

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