Munich Re

GOODBYE DATA JUNGLE: POWER BI AND THE ANALYSIS REVOLUTION

Insights

Munich Re is one of the world's leading reinsurers with more than 11,000 employees at over 50 locations around the globe. Today, they are already dealing with issues that will concern society as a whole tomorrow, be it climate change, major construction projects, genetic engineering or space travel.

TASK

REPORTING TOOL POWER BI For MUNICH RE

When analysis fails due to outdated technology, it’s time for an upgrade. This was the case for our partners at Munich Re, who were no longer satisfied with SAP Business Objects due to their historically grown data volumes and a resulting slow analysis platform. Acceptance of this complex system was also becoming increasingly problematic.

SOLUTION

SIMPLE, FAST AND VISUALLY APPEALING

We needed: A tool for the simple creation and visualisation of standard reports and analyses. A tool that is fun to use and doesn't get lost in data volumes. A tool that allows the user to find an interactive and visually appealing report with just a few clicks, which is optimally tailored to the requirements of day-to-day business.

RESULT

NEW POWER

At Munich Re, the self-service analysis tool Power BI was available in the Microsoft environment. This made it a suitable tool for standard reports on the performance of communication channels.

Numerous features enable quick and detailed analyses - the streamlined design focuses on the important facts. Spontaneous analyses are made possible by filter functions and interaction options at various levels of detail.

The tool is so flexible and automatable that complex and costly processes for graphic creation from various sources were minimized, contributing to long-term efficiency gains. New power with visual appeal, without the heavy lift.

We have been using Power BI for a few months now and are delighted with the possibilities it offers. No cumbersome processes for data provision in large data tables, a clear design, and automatic interpretations. A highlight is the integration into our IT architecture with our data cube for tracking data from key communication channels.

Dr. Reimer Stobbe

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