Spinoff of a Semicon Giant's Software Business to its Division - Case Study - Jade Global
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The client, a semiconductor giant and long-standing Jade Global customer, approached us to create a spinoff of their software business. We helped them overcome the challenge of continuous changes in requirements during implementation by modifying the solution on request. The result was an improved overall business operation and increased efficiencies. About the Client: The client is an enterprise-class Digital Experience Management company, providing visibility and control that power radical improvement in IT and business results. It is a division of a leading semicon company that is focused on end user experience management solutions that can be seamlessly deployed with the company’s solution delivering secure optimized WAN and SD-WAN solutions for fortune 500 clients globally. Industry: Hi-tech 2 ©2022 Jade Global All rights reserved
Business Requirements: Spin-off End-user Management Recognizing that the division would perform better as a separate independent company and anticipating future growth, the client engaged Jade Global to coordinate the spin-off of its business division to create a new company. The project included transferring current service contracts, professional services projects, and associated deferred revenue into the division’s systems of current product base and creating new systems for a selected product base. The division needed to be set up as a growth company with state-of-the-art cloud-based systems that could scale. We also converted their existing quote data into CPQ quotes & contracts and managed user training manual development. Their Business Requirements were: Spinoff end-user experience management SaaS solution Operations of the client and create new systems for the Division/Sister company The company’s division was to be set up as a growth company with state-of-the-art cloud-based systems that can scale 3 ©2022 Jade Global All rights reserved
Current service contracts and professional services projects and associated deferred revenue needed to be transferred into the division’s systems for the selected product base A new corporation division to be built to operate globally across North America, Europe, Asia, and Australia Transform existing quote data into CPQ quotes & contracts Provide user training manual Schedule a Meeting with our Expert 4 ©2022 Jade Global All rights reserved
Business Challenges The business had to be split off as a new technology company and be ready to do business as a self-standing entity on the 1st day of next fiscal year. With the new company having to be ready for business in less than 3 months, immaculate planning and coordination between the software split & migration team and business users was necessary. Product feature selection was a herculean task Challenging timeline of less than 3 months to split the system and have new company ready for business from the 1st day of the new fiscal year Continuously changing requirements from business users resulted in tight delivery timelines Additional customizations needed to be implemented to support professional services business – internal and external. The division required its data and processes to be implemented in a Gold copy environment prior to production 5 ©2022 Jade Global All rights reserved
The Solution – NetSuite Implementation for Idaptive integrated with Salesforce, Celigo Given Jade Global’s extensive experience and thorough understanding of the properties of the the semiconductor business processes, we were able to rapidly deliver the gold copy environment within. With this early success and timely delivery, the confidence of our leadership & customers was established. This helped us in delivering all features on time - enabling 100% functionality in a controlled manner to prevent any “surprise” functionality or showstopper bugs at go-live. The customer needed a net new operational system and customer portal to support the spinoff. Apttus CPQ was implemented and Salesforce as a foundation Sales cloud, Service cloud and Communities. NetSuite ERP was implemented as it offered functionality and native support for SaaS, Boomi iPaaS was used to integrate Salesforce to NetSuite. 6 ©2022 Jade Global All rights reserved
The Solution Implemented Salesforce: Sales cloud, Service cloud and Communities Worked closely with the Apttus professional services team to deliver Apttus CPQ Worked with NetSuite partner to implement Salesforce to NetSuite integrations using Boomi iPaaS Migrated open transactions, contracts and professional services projects and associated data to NetSuite Migrated revenue recognition/RevPro data into NetSuite ARM Program managed Salesforce/Data migration/Integration/Customer Portal work streams Schedule a Meeting with our Expert 7 ©2022 Jade Global All rights reserved
Benefits Despite challenging business needs and changing requirements, the solution was implemented on time and within budget Improved overall business operations Customizations helped improve business efficiencies 8 ©2022 Jade Global All rights reserved
About Jade Global Jade Global provides enterprise business application implementations, integrations, software product engineering, cloud services, technology advisory, testing, and managed services across diverse industries. We are headquartered in San Jose, California with offices worldwide. Jade Global is an Oracle Platinum Cloud Select Partner, Salesforce Crest Partner, ServiceNow Silver Partner, Boomi Elite Partner, Snowflake Select and Microsoft Gold Partner. We have additional strategic partnerships with NetSuite and AWS. Jade Global has been recognized as one of the fastest-growing companies in North America by Inc. 5000 and was featured on the Fastest Growing Private Companies list in the Silicon Valley Business Journal. San Jose | Philadelphia | Toronto | Kelowna | Vienna | Pune | Hyderabad www.jadeglobal.com info@jadeglobal.com ©2022 Jade Global All rights reserved
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