Project Grid: Retailer Reduces Costs by 22% with Platform IT Strategy

Customer Story

Project Grid: Retailer Reduces Costs by 22% with Platform IT Strategy

A rapidly growing stationery and gift retailer required a more efficient, modernized IT infrastructure. Since 1983, the company has garnered acclaim for its exceptional products. Over the years, it has created, crafted, and printed paper merchandise in all sizes, styles, and materials, growing from 20 stores to over 100 stores in just three years. To support the company’s rapid growth, the IT infrastructure needed IT due diligence reporting to develop a unified platform IT strategy.

Client:

Stationery and gift retailer

Company Size:

100+ stores

Industry:

Retail

Project Type

Carve-Out

Due Diligence

The Challenge

After being acquired in 2013, the retailer realized their lack of investment in IT infrastructure had caused significant system integrity issues that resulted in unavailable data, email outages, and other issues.

Our Solution

Modernized & Integrated
IT Platform

Carve-Out Strategy

Established a corporate spin-off for efficiencies

Due Diligence & Pre-LOI Support

Analyzed needs, identified projects for rapid business 'wins'

Carve-Out Separation

Duplicated corporate IT footprint and executed carve-out in less than 6 months

Post-Carve-Out Rationalization

Reduced IT server footprint by 25% during first 18 months of operation

Outsourced IT

Provided managed services for all IT operations

The retailer rapidly implemented our Platform IT strategy in the early stages, saving the company substantial time and money on its investments. RKON effectively reduced its costs by 22%. We ensured the overall success of platform integration by assisting the product development team in creating a cloud-based solution, thus significantly shortening time-to-market. Three years later, our strategy continued to optimize costs and reduce the retailer's IT footprint by an additional 25%.

The Outcome

25 %

IT FOOTPRINT REDUCTION

Through first 3 years

22 %

COST REDUCTION

Saved substantial time and money

ENSURED SUCCESS OF IT PLATFORM

With cloud-based solution

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