Techwave Consulting: Breaking Down Barriers to Add Value to Businesses

CIO VendorDamodar Gummadapu, SVP Techwave Consulting, headquartered in Exton PA, was established in 2004, focusing on BI and EPM. Its service and solution focus, has resulted in it being ranked #9 amongst fastest growing companies in the region by the Philadelphia Business Journal and #15 in IT services domain in the U.S. by Inc. 500.

Chief Financial Officers of today want to be able to efficiently predict the business trends and respond appropriately. In order to meet this need, in addition to providing meaningful information from Big Data, a predictive and potentially prescriptive model is required. Recognizing this market opportunity, Techwave Consulting, is breaking the barrier of basic Business Intelligence to support what-if and actionable analytics.

Irrespective of a company’s size, business analytics and financial planning & forecasting are becoming an indispensable necessity that helps office of CFOs collaborate with business managers to improve company performance and consistently meet the targets.

Spreadsheet driven reports created by the finance teams often fail to give a clear view of enterprise performance to managers.
Techwave is helping its clients overcome these limitations and is positioned to become the “go-to” company in the business intelligence and enterprise performance management arena.

An example of their ability to rapidly provide value is seen in their engagement at the Project Management Institute. PMI was looking for a planning and forecasting solution for their upcoming budget cycle, Techwave helped them assess the scenario and implement a financial planning and forecasting solution within a four month period. “We have in depth understanding of both the core business and finance functions and importance of integrated solutions that helps the finance drive the business value. So, we go to the client and understand their problems quickly, and provide an economical and sustainable solution that meets their requirements,” says Damodar Gummadapu, Sr. Vice President, Techwave Consulting.

Techwave has enabled organizations like Peabody Energy, Pfizer, Westcon Group and Montefiore, among others to obtain ERP benefits such as tighter controls for compliance reporting, reducing inefficiencies, increasing customer retention and a stronger bottomline. Techwave has also transformed the budgeting and performance monitoring capabilities of various other enterprises, partnering with CFOs and finance directors to look at their existing IT systems and automate repetitive tasks and speed-up the execution of cross-departmental functions.

Techwave’s impressive array of services include, enterprise performance management, business analytics, enterprise resource planning and business process management.
Techwave effortlessly blends into clients’ organizations to become a part their team. Techwave leverages existing client assets and handles the entire process, right from creating a definitive business plan, through process enhancement, business solution architecture, development, testing deployment and production support. Techwave’s BPM expertise facilitates organizations in reworking their processes so they better align with their business objectives, leading to increased ROI. From a financial perspective alone, Techwave’s comprehensive end-to-end support for the office of CFOs makes them a strategic asset to their clients. Their effective EPM, forecasting, rapid deployment and thought leadership are much sought after in the market today.

Techwave is focused on providing solutions with high user adoption that can provide actionable analytics, leveraging the new technologies in the market to complement existing client landscapes. The company continues to invest in enhancing its thought capital to become the “go-to” consulting partner in the BI and EPM space.


Deep understanding of our clients business needs coupled with our strong technical know-how and collaborative approach enable us to provide solutions with high user adoption that can be seamlessly deployed and easily maintained

Company
Techwave Consulting

Headquarters
Consulting Exton, PA

Management
Damodar Gummadapu, SVP

Description
A provider of Enterprise Resource Planning, Enterprise Performance Management, Business Intelligence and Business Performance Management consulting services.