Infosys helps BMG Modernize their Royalty and Analytics Platform to drive digital transformation
The case study has been authored by Doug Henschen, VP and Principal Analyst, Constellation Research.
BMG, a global music publishing company was facing challenges in the current disruptive environment and they had to transform their royalty payments program to meet the demands of the digital downloads and streaming transactions. With quarterly processing taking 50 to 60 hours and growing, BMG proactively sought a way to ensure continued on-time payments to recording and songwriting artists. Infosys helped develop a new platform that processes the most demanding royalty runs within 10% to 12% of the time previously required and has room to grow as BMG acquires more record labels
Read this exclusive case study by Doug Henschen, VP and Principal Analyst, Constellation Research where he has explained how Infosys helped BMG Modernize their Royalty and Analytics Platform to drive digital transformation and enabled them make better, faster decisions that will maximize revenue
Highlights of this Case Study
- The Royalty program implementation brought down the processing time to six - seven hours, versus the 50 to 60 hours previously required on the legacy application.
- The BMG leadership has rated the project in terms of maturity to be 9.0 to 9.5 on a scale of 10
- BMG has calculated a 37% internal rate of return for the analytics project with improved operational efficiencies.