OTEGLOBE improves planning with Intelligent Financial Cubes

ATHENS, October 14, 2011 — International carrier OTEGLOBE appointed Relational to help it improve its planning processes while minimizing business risk through the implementation of up-to-date tools and processes.

The project scope was to replace all Excel files with a state-of-the-art environment based on Intelligent Financial Cubes (i-FC) planning, which modernizes and enhances the processes of planning, budgeting and forecasting by securing the speed and validity of data and reports.

i-FC provides the ability to make measurable decisions, which help in optimizing risk management and contribute towards positive future results through a quicker and better understanding of the company’s progress.

Business benefits include accurate and consolidated information to all users with extended use of dashboards, easy and familiar Excel-based UI, enhanced functionality for stronger business models, more time for analysis thanks to faster processes and advanced analysis models, single sign-on security, analysis of historical data and the elimination of errors caused by manual data transfers.

About OTEGLOBE

OTEGLOBE is an international carrier with the strongest network presence in South East Europe. It is also the wholesale arm of the OTE Group of companies, the leading telecommunications’ group in Greece and South East Europe. The company has now developed into a regional hub, delivering a complete portfolio of transport, voice, corporate and mobile services to international carriers, mobile and fixed telecoms operators, as well as multinational organizations. OTEGLOBE’s reliable and resilient network infrastructure supports the majority of broadband services in Greece as well as a significant share of the volume in SE Europe. Based on strong partnerships with major service providers in the Middle East, North Africa, the CIS region and recently Latin America, OTEGLOBE continuously demonstrates a proven track record of delivering voice and data solutions beyond its network reach.

About Relational

Relational is an international software developer and integrator with offices in five countries (Greece headquarters, Romania, UK, Dubai and Kenya) and a client base all over Europe, the Middle East and Africa. Relational’s mission is to enable enterprises to develop a competitive advantage through innovative IT solutions. Through its partnerships, R&D and numerous installations in the areas of business process management, business intelligence, data warehousing, database management, data integration, application integration and business service management, Relational has put together a reliable product portfolio of innovative solutions that add business value to its customers’ mission-critical IT systems.