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Ace Hardware
Ace Hardware Corporation has witnessed outstanding financial performance and robust growth in recent years, mostly due to technology. Ace relies on an Enterprise Data Warehouse from Teradata, which has provided a single repository for retail and wholesale sales, customer information, purchasing, inventory, financial data, and the performance to support large and varied workloads.
Just one year after Ace Hardware's Teradata Warehouse entered service, an ROI review found that the system exceeded a list of 63 business goals by hundreds of percentage points and achieved a 2,000%+ ROI. These advancements included a $1.03 increase in the average retail transaction value, an increase of 1 same customer visit/year, and a retail price margin increase in three Ace departments. The combined power of Ace's Teradata Warehouse and Customer Relationship Management applications helped gain the company a total annual revenue boost of $85 million from these three factors alone.
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Teradata Magazine | Exclusive Report - Get more bang for your EDW buck |
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[2Q 2004] The switch has been thrown, and the enterprise data warehouse (EDW) is up and running. The implementation plan has been finalized, and the data warehouse infrastructure-hardware, software and tools-is in place, complete with cleansed source data. It's time to rock 'n' roll. So begins the EDW's first day on the job. The challenge now is not only to deliver the anticipated business results, but also to grow the environment to support more
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