Gartner® Hype Cycle™ for Data Management 2024
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P3 Logistic Parks (P3) is a leading player in the European logistics real estate market, specializing in the acquisition, development, and management of logistics properties. The company owns and manages an extensive portfolio of logistics space, equating to approximately 8.4 million square meters across 11 countries.
P3 caters to a diverse range of clients, building and maintaining sustainable and efficient logistics spaces, providing strategic locations, and managing high-quality facilities to support supply chain operations across different markets.
The financial team is integral to P3’s reporting and operations, impacting decision-makers across multiple departments. The absence of a central data repository led to data silos and made reporting difficult.
With Keboola, P3 implemented a new data warehouse and brought 14 different systems and data sources, including YARDI, the main operation-critical data source (ERP), in one managed and governed system. Improved data governance positively affected data quality and led to significant process improvements.
"Keboola’s solution has transformed our data operations, making complex processes simple and efficient."
Considering the scale of P3s operations, manual data transfer was extremely time-consuming and led to errors and inefficiencies.
"With Keboola, we've automated dozens of manual processes, freeing up valuable time and resources."
The new data stack centered around Keboola brought significant improvements in indexation, income, and portfolio analytics. The increased control and transparency allowed P3 to identify and resolve data issues and errors within the commission analytics and reconciliation systems.
Thanks to the enhanced data quality, the dashboards and reports, now managed by a dedicated data team, are now providing the decision-makers with fresh and accurate information, helping them make better-informed decisions and more efficient capital allocations.
"The successful implementation of Keboola was a crucial step in our journey to becoming a digital company. It propelled us to the next level, enabling our business leaders to have forward-looking, business-relevant information at their fingertips."
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