BOSTON, August 31, 2016 – MEGA International said five of its customers have reported saving millions of dollars in operational costs after using MEGA’s HOPEX business transformation platform. The companies described their savings as ranging from $15 million to $150 million, and realized other valuable benefits, including increased productivity and reduced risks.

A consumer goods giant used MEGA solutions to drive a cost-optimization program, realizing $150 million in savings in just five years by transforming how the company worked from idea to shelf. Using MEGA’s software, the enterprise:

  • led a company-wide digital transformation program that reduced time to market by 20+ percent 
  • increased IT asset optimization by developing roadmaps for 3000 applications and related technologies 
  • improved service delivery to internal customers by 75 percent in seven years

“MEGA’s HOPEX platform is a proven resource that helps companies drive business innovation through cost optimization,” explained Lucio de Risi, CEO, MEGA. “Our customers have determined that our solutions have helped them secure millions of dollars in cost savings and multiply efficiencies throughout their organizations. Because of our HOPEX platform and modular solutions, enterprises have more capital and operating resources to devote to innovation and business transformation.”

The health insurer of choice for nearly 50 million people saved $50 million after three years of using HOPEX platform solutions. This industry leader streamlined operations, improved the customer journey and enabled information sharing across all business lines. The company:  

  • focused technology investments on capabilities that improved time to market
  • eliminated silos of information that divided business units
  • provided critical strategic and operational information through an employee portal that’s viewed 25,000 times per month

A Fortune 50 insurance company achieved a three-year ROI of more than 300 percent after using MEGA solutions with 3000+ applications. The total financial benefit was close to $15 million, including:

  • savings from application consolidation, legacy software retirement and reduced professional services ($10.6 million) 
  • productivity gains from improved data collection and IT management ($1.1 million)
  • cost avoidance by identifying and mitigating risks ($3.2 million)

One of the largest US bank holding companies used the HOPEX platform to generate savings of more than $15 million, gained from improved operations and fewer risks. MEGA’s solutions allowed the company to:

  • improve the customer experience by pinpointing business activities to automate, such as customer onboarding, account opening and customer service
  • remove hurdles to efficiency, such as business unit silos
  • eliminate costly redundant applications supporting similar capabilities by evaluating more than 600 applications and 1300 technologies, and linking them with standards and capabilities

Constant new discoveries in disease fuel a perpetual need for new treatments.  One of the 10 largest consumer health companies in the world knew that savings in IT could fuel more innovation in medical discoveries. This health care trailblazer is:

  • on its way to reducing IT applications by 40 percent over five years 
  • launching HOPEX IT Portfolio Management in multiple divisions after success in one 
About MEGA

MEGA International is a global software firm helping companies manage enterprise complexity by giving them an interactive view of their operations. Executives gain the visibility and information they need to make the right choices for effective governance and for striking the right balance between capacity for innovation, cost optimization, and risk management. Backed by HOPEX software and MEGA services, companies can boost business and IT agility in today’s disruptive business environment.

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