Dot Group, the leading European IBM technology and data management solutions provider, today announced a strategic partnership with Venn Cubed, a renowned financial performance management consulting firm. This collaboration significantly enhances Dot Group’s existing Professional Services capabilities, particularly in delivering advanced AI-powered planning and analytics solutions. The partnership will enable Dot Group to offer more comprehensive and tailored services to meet the complex needs of the Media & Entertainment industry, building upon their established expertise in data management and technology implementation.
The partnership combines Dot Group’s expertise in data management and IBM technologies with Venn Cubed’s specialised knowledge in financial planning and analytics. This synergy will enable Media & Entertainment companies to streamline budgeting processes, optimise resource allocation across productions, and enhance financial visibility in a rapidly changing media landscape.
Simon Parkinson, Managing Director of Dot Group, commented: “In today’s fast-paced media environment, efficient financial planning is crucial for success. This partnership allows us to offer Media & Entertainment companies a powerful tool to not only save time and money but also to gain the agility needed to thrive in an industry where audience demands and technology are constantly evolving. By streamlining financial processes, we’re enabling our clients to focus more resources on what truly matters – creating compelling content and delivering exceptional viewer experiences.”
Nicol Smit, Senior Management at Venn Cubed, added: “We’re excited to bring our financial performance management expertise to the Media & Entertainment sector through this partnership with Dot Group. Our combined capabilities will provide media companies with the tools they need to make data-driven decisions, improve forecasting accuracy, and ultimately drive better business outcomes in a highly competitive industry.”
The partnership will focus on implementing IBM Planning Analytics solutions, tailored specifically for Media & Entertainment use cases. For instance, the solution can help streamline budget planning for multi-season TV series, optimise resource allocation across various production stages, or provide financial modelling for new streaming service launches.
As part of this launch, Dot Group is offering Media & Entertainment companies a complimentary initial consultation to assess their current planning processes and identify potential areas for improvement.