In 1966, Volkswagen Pon Financial Services started as a way to help customers finance Volkswagen vehicles. Today, it has grown into a top-class financial player in the automotive market, specializing in finance, leasing, insurance, and mobility.
This growth has skyrocketed the company from a simple bank in the Netherlands to a global insurance leader. But with major growth, comes growing pains: more specifically, disparate data silos and disconnected, legacy systems. To revolutionize its relationship with data, Volkswagen Pon Financial Services turned to TIBCO solutions—and its success story is a great example of how you can too.
Accelerated Growth Fuels Change
Volkswagen Pon Financial Services struggled with scaling its widespread application landscape, due to increasing acquisitions. When new and more capable systems were introduced to its existing IT structure, it became clear that the company’s data and analytics also needed an upgrade.
The team at Volkswagen Pon Financial Services turned to TIBCO Silver Partner, Connected Data Group, to create its new Data and Analytics Platform (DAP), fueled by TIBCO Data Virtualization software. Since implementing DAP, the team’s emphasis has shifted from warehouse maintenance to innovating with data. By switching to an agile work method, the team involves the end-user from the start of the project. With the new solution, users only need to change a select statement in the TIBCO Data Virtualization view, and everything is settled across all systems.
“We can easily unlock data from multiple sources for any type of question. It’s easier than ever for all users,” says Volkswagen Pon Financial Services Data Architect Frank Bode.
Is Data Virtualization the Right Solution for You?
Data virtualization solutions are great if your company struggles with data in silos spread across traditional data warehouses, enterprise applications, big data lakes, operational data stores, the cloud, and more.
Data virtualization breaks down data silos, giving your business users one place to access, combine, and govern all your data. Agile data engineering speeds your time to solution, reduces costs, and delivers the most up-to-date (and complete) information to your business.
Most importantly, this software acts as a bridge across multiple, diverse data sources—unifying critical decision-making data in one virtual place to fuel analytics.
“Projects are delivered faster and with better results. By using TIBCO Data Virtualization software, an acceleration of 50 percent is no exception,” says Volkswagen Pon Financial Services Product Owner Ben Bervoets.Data virtualization breaks down data silos, giving your business users one place to access, combine, and govern all your data. Agile data engineering speeds your time to solution, reduces costs, and delivers the most up-to-date (and complete)… Click To Tweet
To learn more about Volkswagen Pon Financial Services’ transformation, and to see data virtualization solutions in action, check out this recent success story.