EMI Music last month posted a 13 per
cent rise in pre-tax profits, partly attributed to a doubling of digital music
sales.
The announcement is further evidence that the music industry is in the throes
of a digital revolution, with downloads increasing and sales of recorded music
declining.
Technology is a key part of strategies intended to capitalise on the digital
market while combating a growth in piracy.
EMI has recently overhauled its systems and improved its business
intelligence and management information. Previously the company’s data warehouse
used business intelligence tools from
Hyperion, and contained only sales data.
‘We collected data in a Microsoft SQL
Server 2000 database and exported information into a Microsoft Excel
document,’ said global programme director Richard Piercy.
‘From there, employees had to build pivot tables manually to organise that
information, create slides presenting the trends and then send them out. The
whole process took two days.’
The growth in digital business meant EMI needed automated reporting to
provide up-to-date information and to make local information available globally.
Working with IM Group, EMI has
installed a data warehouse and front-end applications, including business
intelligence, analytics and reporting, collaboration, document management and a
portal.
It brings together the Microsoft business intelligence framework and uses SQL
Server, Analysis Services, Reporting Services and SharePoint Server.
‘It was part of an overall change that began three years ago,’ said Piercy.
‘We needed a management information capability that could support and respond to
new market pressures.’
The platform, called Pulse, delivers information on market and consumer
research, sales figures, airplay details, charts and financial performance.
EMI employees can use the sales analysis functions to access detailed sales
data from around the world and run customised reports. For example, all 6,000
corporate intranet users can compare physical and digital sales performance data
from individual acts such as Robbie
Williams or Coldplay. This can be
broken down by geography, retailer, artist or by release.
The near real-time view of the information allows EMI to monitor the
performance of campaigns worldwide.
This in turn allows EMI to meet release date deadlines, optimise sales and
save management and analytical time.
Piercy says staff have welcomed the system, primarily because it is easy to
use and requires no training. Pulse also unites structured and unstructured
management information.
‘There is now a lot of management information rich text. It is not all just
grids and numbers, so we needed a single portal that presented all data in a
consistent manner,’ said Piercy. ‘A lot of people are talking about it, but no
one is actually doing it.’
EMI digital… in 30 seconds
* EMI represents more than 1,000 artists, operates in 50 countries and
licenses its music in a further 20 countries.
* Digital music sales have more than doubled in the past year, generating
more than £112m compared with £46.9m last year. The strong demand for downloads
helped EMI boost pre-tax profits by 13 per cent.
* Previously, its data warehouse contained only sales data and reporting on
the status of the supply chain was semi-manual. It could take up to two days to
access critical information on sales and performance.
* EMI has implemented Pulse, a management information and business
intelligence system. Everything from airplay to sales data and chart position
can be accessed by 6,000 corporate intranet users.
* Access to more information in real time allows EMI to meet release
deadlines, optimise sales and save management time.
Further reading:
EMI streamlines music
process
EMI opens portal to higher
sales
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