McGraw-Hill Gets Digital
McGraw-Hill Education will transform its processing and management systems with the help of Oracle and Accenture (formerly Andersen Consulting). McGraw-Hill Education's Global transformation Project will enhance e-business and digital product distribution and support. Among its benefits, the initiative will lower costs, improve customer service and provide better information management decision-making. It will also improve the company's capacity to meet future projections on sales and inventory, according to reports.
Bill Pratt, McGraw-Hill Education's CIO, and Frank Lawton, vice president and Global Transformation Project program director, will lead the initiative among all company business units. The company reports it expects to launch the first pilot in Canada by Q1 2002; the U.S. will follow later that year. The remaining global operations will be restructured by 2003.
Oracle is providing the publisher with Oracle E-Business Suite, a fully integrated application for marketing, sales, service, procurement, human resources and financials. "Oracle's focus on providing advanced technology solutions to support e-commerce aligns with our strategy to transform our business and ensure our leadership in the digital age," says Pratt. "Oracle's complete suite of applications fully address our future growth needs and the seamless integration of our global enterprise."
Accenture, a consultancy firm with expertise in global enterprise installations, will also assist in implementing Oracle's new system.