Data Semantics 23 aug

How a Global Cultural Foundation Managed Their $2 Million Worth Spends
The Situation
A Cultural Foundation headquartered in UAE is allocated with financial budgets every year to
build and engage their community with diverse cultural activities.
This global foundation manages up to $2 Million as an annual budget which is distributed across
various departments of the foundation to build and maintain beautiful theaters, concert halls,
exhibition galleries and cutting-edge facilities, to become a world leader for multi-cultural
activities.
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The Problem
The Cultural Foundation was always confused with allocating and distributing their finances to
different departments. It was the lack of accurate insights that led to this confusion, in turn,
introducing financial challenges for every department.
The lack of accurate insights into financial expenditure led to a lot of confusion for allocating
and distributing their finances to different departments.
The Solution
Data Semantics identified that, the Cultural Foundation needs Business Analytics for reading
their financial expenditure in order to identify the spending pattern of the organization.
Setting up a system to read Business Analytics starts from building elaborate systems to collect
huge amounts of data. Only then, this data could be broken down in the form of numbers
(readable data).
Data Semantics solved this problem by building an on-premise Data Warehouse based on
Microsoft Azure ecosystem to gather the data. Now that the organization was collecting their
data, we use Microsoft Power BI to build a beautiful dashboard to enable reading this data into
actionable Business Insights.
This allowed the Cultural Foundation to have detailed information about their financial
expenditure patterns and identify the budgeting requirements of various departments in the
organization.
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The Outcome
The Cultural Foundation was enabled to understand exact budgets for every departments,
saving them lakhs of dollars in funds. Their strategic decisions are henceforth based on accurate
Business Insights, saving them from a lot of confusion and taking vague business decisions.