Industry’s Top Performers: Streamlining business performance management

Andreas Simon, Regional Director MEA, Jedox.
Andreas Simon, Regional Director MEA, Jedox.
by
2 years ago

Jedox is a leader in Enterprise Performance Management, EPM. Its key solutions include financial planning and analysis, sales performance management, sales and operations, and workforce planning.

Financial planning and analysis: The company’s unified software solution automates and integrates finance processes with a uniform data foundation that gives finance more time for analysis and supports a data-driven look ahead.

Sales performance management: The company helps achieve predictability, scalability, and transparency in the sales organisation by embracing one solution for all sales planning requirements.

Sales and operation: Jedox integrates sales and operations processes with a unified solution for sales, operations, and finance by linking demand data with supply figures, inventory, procurement and others for more accurate sales planning and forecasting.

Jedox EPM helped Shelf Drilling reduce the time spent on critical data operations by 98%

Workforce planning: With Jedox organisations can strategically align, integrate, and accelerate personnel planning for greater transparency and growth goals to be closely aligned with business strategy.

Successful digital transformation requires better insight, not larger volumes of data. Jedox empowers business professionals to capture data, share knowledge, and align on common goals across the organisation. Using its software solutions, businesses can streamline any data-driven process, from strategic planning to complex predictive analytical models and operational performance monitoring.

In addition to offering industry-leading technologies, Jedox serves as a long-term business partner, providing innovation and best practices that give its customers a sustainable advantage. It is designed to be easy, with industry-leading fast implementation times.

Jedox’s big advantage is that it is an independent EPM vendor which means that its solutions can integrate with every ERP system available in the market. This enables Jedox customers to utilise all their data from these systems for value creation.

Instead of having multiple modules that need to be interconnected, Jedox follows a highly flexible platform approach. All the company’s customers’ applications, such as those for sales planning, HR planning, procurement planning, operations planning, etc. sit on top of a single platform. Updates on any of these applications lead to real-time updates to financial statements, P&L, and balance sheets. In this way, Jedox enables every department to be part of the financial planning, budgeting, and forecasting process.

Jedox has established a reputation for unmatched flexibility and ease of integration. Going ahead, the company aims to focus on strengthening its competitive differentiator by introducing additional integrations and connectors to platforms.

The company is also at the forefront of AI and ML with highly effective out-of-the-box functionalities and powerful customisation capabilities. Aiming to build on this leadership, Jedox seeks to make its AI functionality accessible to enable all users within the organisation to leverage it for their planning and budgeting requirements. It intends to make it possible for its AI solution to draw from internal company data and augment this with external data, thus enhancing decision-making.

Jedox has been steadily growing its market share in the Middle East with customer wins across the banking and finance, industrial, oil and gas, and retail sectors. Most recently, Shelf Drilling, a Dubai-based offshore drilling company that provides shallow water services to the oil and gas industry, reduced the time spent on critical data operations by 98% using Jedox EPM.

TOP EXECUTIVE

Andreas Simon, Regional Director MEA, Jedox.
Andreas Simon, Regional Director MEA, Jedox.

As the Director MEA for Jedox, a key area of focus for Andreas is to add new members to the company’s growing global network of partners, especially in the Middle East region. He is also tasked with growing the company’s footprint across the Middle East and Africa region. His commitment to the channel partners is ensuring joint success as they sell and implement the Jedox family of products.

Andreas has over 27 years of business and technical experience and has worked in regional business and channel leadership roles at Jedox for over a decade. Before joining Jedox, he worked for 15 years in the business intelligence market for companies specialising in OLAP or online analytical processing systems. He has served as Senior Director of Development for an OLAP systems company, and COO at a business intelligence company with a focus on anti-money laundering tools for banks and insurance companies.

From a two-person operation in the Middle East, when Andreas joined the company in 2019, he has been able to lead the company in capitalising on market opportunities the company’s Middle East presence was comprised of just two professionals. Despite the pandemic, Jedox reported rapid business growth and presently has a full team of professionals in the region, serving in business development, pre-sales, sales, marketing, consulting, and channel roles.

ROLE MODEL

Given his focus on growing Jedox’s business in the Middle East, Andreas closely follows and draws inspiration from the company’s CEO, Florian Winterstein whom he believes has demonstrated an exceptional acumen for growing a technology company. He also closely follows developments at the Institute of Chartered Accountants of India since the aims to expand its footprint in the region. He also closely follows the International FP&A Board for insight.

OFFLINE

Andreas is a passionate swimmer and diver. He enjoys travelling and is particularly interested in learning about and understanding different cultures, especially when it can help his engagements and decision-making in professional life.

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