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Chris Lilley, Grant Thornton | Inforum DC 2018


 

(upbeat techno music) >> Live, from Washington D.C., it's theCUBE. Covering Inforum DC 2018 bought to you by Infor. >> Well Welcome back here on theCUBE as we continue our coverage here at Inforum 2018. We are in DC, nation's capitol. Kind of sandwiched between the Capitol Hill and the White House, where there is never a dull moment these days. (laughing) >> John Walls with Dave Vellante and we are joined by Chris Lilley, who is the national managing principle of tech solutions at Grant Thornton. Chris, good to see you, thanks for joining us. >> Good to see you, thank you. >> Yeah, so first off, let's just talk about the relationship, Grant Thornton and Infor. Still fairly new? >> Yes. >> It's been about a year, a year and a half, in the making. >> It's been slightly over a year. >> Yeah, let's talk about how that began and then kind of a status update, where you are right now? >> Sure. Well, it began about a year ago, around that time that Coke made an investment into Infor and Grant Thornton was looking at expanding our technology footprint, looking at other vendors who were providing solutions to the clients that, you know, the we serve. We also saw that Infor has a very, very common client base with Grant Thornton and we spent a few days with Gardner, we spend a few days with Forrester; learned about their products, learned where they were, were very impressed and decided to make a commitment to the relationship. It's been a terrific first year with Infor. >> I talked to one of the principles last year of Coke, PAL, and he said to me that one of the benefits that we're going to bring to Infor is that we have relationships with guys like Grant Thornton. We're not going to get him in a headlock, but we're going to expose them to Infor and say, "Hey look, look for opportunities," because we think they exist and that that's what you found, right? >> 100%. To elaborate a little on the story, we spent a few days with Coke out in Wichita, understood what they saw in Infor and obviously we were aware of Infor, aware of their product base, but what they have done with the product over the past four or five years? Frankly, news to us. And where they've taken the product, the investments they've made, the other products that they've acquired around their core, the kind of edge products, if you will, absolutely tremendous and decided to make that investment. So it wasn't so much of an arm twist. >> Right >> It was some awareness that they created for us and we decided to jump in. >> What was your, all be, you know, you ah-ha that you said because you spent a little bit of time? >> Mm-hmm. >> Doing your due diligence and working, again, with the Coke folks, so, what was it that got your attention you think? I tell ya, there's really something here. >> Yeah, I think what put us over the top, is we we brought our leadership team up to New York for a few days, spent a little bit of time with Charles Phillips, who is incredibly impressive and can probably sell anything to anybody. But we really spent time with their hook and loop folks and their developers. And when we saw kind of the brainchild of hook and loop, which I don't know if you're familiar with what this? >> The in-house agency, sure. >> Yeah, the in-house-agency and what they are doing to make the product more user-friendly, to make it more engaging. When you look at the world that we live in right now, you know, I see a phone here, everything's easy to use and intuitive. Business applications are not. Now, it's a lot harder issue we're dealing with, but what they've done with the interface, what they've done with the usability kind of, that was our ah-ha moment. They showed us a couple other things that they have done for specific clients with their analytics tool set and how they've integrated that in some dashboarding and we were committed at that point. >> So talk about Grant Thornton's unique approach in terms of how you're applying Infor with clients. What's hot? You know, any specific industries and trends that you're seeing. >> Sure. What we wanted to do is we wanted to make sure that when we made the commitment, we followed through on that commitment. We very narrowly focused our initial relationship with with Infor. Our industry focus is healthcare, public sector. Our product focus is the cloud suite products along with the enterprise asset management product. By focusing on the enterprise asset management product, that allows us to get into the asset intensive industries. So, utilities, anything with large fleets, public sector munies that are managing infrastructure. So we made that commitment very narrowly so that we weren't trying to be too many things to too many people and we could really commit to them, make the investment that we needed to make. We obviously had a technology practice so we know how to do this work and the way I think about technology practices today is they're really there to transform businesses, right? We used to spend a lot of time making technology work. Technology works. Now we've got to make sure that our clients step back from what they do today, leverage the best practice in the technology, or the leading practice in the technology, and transform their business around it. That's how we've approached the relationship with Infor. >> Well that's interesting because we heard Charles' keynote day one, and he talked on theCUBE about the disparity between the number of jobs that are out there and the number of candidates that are qualified, so there's a disparity there and then he showed productivity numbers and I remember back in, I don't know what it was, 80's or 90's, whatever it was, before the PC kicked in. >> Mm-hmm. >> In a big way, in terms of productivity impact. The spending was going through the roof, but you couldn't see it in the productivity and you're sort of seeing the same thing today. The tech market's booming, but the productivity numbers are relatively flat, so the promise is that, okay, we're going to have efficiencies out of cloud, you know, all this data that we've been collecting for all this time applying machine intelligence is going to drive, we've predicted, productivity. >> Right >> The next sort of big wave. It's kind of your job to make that all happen. >> Yeah, and so, I'm guilty. I've been in this industry a long time. I've seen the waves from the Y2K to the ERPs, to when we went to distributed internet, so I've seen all that. Absolutely agree, the productivity gains haven't been there but I would say that foundation is now laid. If you think about what we did during that time frame, we got our clients onto fairly common platform, somewhat consistent practices, right? They did a lot of custom work still, but we also cleaned up a lot of data, but what we did at that point, is we did it in silos. And enterprises don't run in silos. They have to run at the enterprise level. We've got the foundation laid now, we're now to the next generation. The next generation says your basic transaction processing systems? Use 'em as they come. Let's look at what's available to us. Let's look at the partner ecosystem that's out there. Let's look at the connectivity that's out there. Let's look at how we can better engage our client base and better run our operations and that's where I think we're going to start to see the productivity and that's what Infor is doing with their last mile functionality, they're taking the need to spin any customization away from the client, they're givin' it to 'em but they're letting us think about how to transform the business and drive value. >> You talked about utilities, which is a unique animal unto itself, right? From the regulatory environment, from their various services, what they provide and the scale they provide it at? Where can Infor come in and play in that space in terms of people being receptive to new ideas, being receptive to new mousetraps when, you know, sometimes they're bound too. >> Right. >> By what they can and can't do. >> Right, that's a good question. So utilities an interesting industry, right? Everybody says utilities are behind, they are slow to adapt. But if you think about the utility and fundamentally what they do, they're one of the most complex advanced engineering businesses that you can find in the world, right? From the generation to the distribution of power is a highly complex activity that they do extremely well. So they've made a ton of investment to make sure they keep doing that extremely well, deliver power safely. We got to renew the infrastructure so they got to spend money there and that's where we see Infor coming in. If you think about what's out there right now, all the sensors that we can put in to the generation facilities, all the devices that we can use. We can use drones to look at the solar farms, figure out where the maintenance needs to be done. I think what you're going to see is Infor product being adapted into how they operate the business. Analytics being applied to how they manage their maintenance facility, which is critical in utility. Analytics being brought in to how they prepare for storms. If you think about the recovery, what we just went through in the south. You know, 800,000 people out? Relatively quick recovery there. Now it's painful, and everybody's not back, I'm not saying it's easy but the utilities down there used a lot of information to better position crews for recovery. I think that's how you're going to see it on the operational side. On the customer side, you're going to see utilities do more and more what everybody else is doing. How do you want to interact with me? When do you want to interact with me? Where do you want to interact with me? Utilities will start putting all that out there and they are putting it out there. The websites are good, they're starting to go to mobility. So I think Infor products will play across that entire space. >> You're right about the utilities, I mean the instrumentation of the homes through smart meters, I mean what a transformation in the last 10 years? Five to 10 years, even. >> Yep. >> And it's all about the data. It always come back to data. (laughing) Healthcare and public sector, utilities as well, highly regulated industries. >> Yes. >> That you chose. By design, I presume. >> Yes. >> Talk about that in terms of Grant Thornton's wheelhouse. >> Yeah, we chose healthcare and public sector because we have good existing practices. Specific in healthcare space, we were doing a lot of epic cerner work, which is their ERM systems >> Yeah. >> That are out there. Lawson is by far the leading product in their ERP back office. So it made a natural fit for us to jump into that. Grant Thornton also has a very large public sector practice, both at the federal and state local level, so again, it gave us an avenue to get in, bring Infor into some of our existing clients. But back to your point about being regulated environments, Grant Thornton is basically a public accounting firm so we're used to dealing in regulatory environment, that's part of our culture. Quality is what we focus on as a firm. We understand how to interact with the regulators. Personally, I think, things are moving so quickly that the regulators, in some cases, are still catching up. But the one piece of advice I would have to all of clients out there that operate in the regulated world, rely on your partners. Rely on your software provider, your internal audit, your external audit, your systems integrator to help you keep current with the regulatory changes. On the tail of that is all the exposure on the cyber side. If you think about what's going on, you've mentioned in home devices, smart meters, those are all access points so we've got to really harden the access and the infrastructure to make sure that people aren't using those to gain control of these systems. >> Yeah the threat matrix is expanding. >> The matrix is huge. >> And then, you know, securing the data. (laughing) Security, in many ways, is do over, right? (laughing) In this new world. >> And just looking forward, and briefly if you will, before we let you go? >> Yep. >> Where do you see the relationship going then? Because you've established your verticals, you know where you're working, you know what's going on. What's next step then? Because there's always something else down the road, right? >> Yeah, so in our industry, we've got some terrific competitors out there who have also engaged with Infor. There's some other products out there. So I think what we need to focus on now, we've got the relationship, Infor is an incredible company, they're incredibly collaborative. They're agile. We recently were working with a healthcare provider who was dealing with some of the personnel issues you were talking about, resource shortages. How do I optimize scheduling? Who do I need? Where do I need 'em? Infor was all over it. They brought in their chief nursing officer, she helped us think through how to better manage that, used their workforce management product. So, where we want to go with them is we want to innovate with them. We want to bring the innovation that we're applying, whether it's robotics in terms of bots, whether it's digital transformation which are all buzzwords, and leverage all that. But the other thing I think we're starting to really get our arms around is the broader ecosystem. They're all cloud enabled. There are a significant number of niche players out there that can bring us point solutions. You know, you mentioned the data? The data's the key to all that so we want to help them understand, architect that. Use the technology to solve our client's business problems. >> And you know these buzzwords are actually, there's substance behind them. I mean, every company is trying to get digital, right? >> Yes. >> Every company has, or should have, a digital strategy, is tying to figure out and seize pathways to, maybe not monetizing data directly but figuring out how data contributes to monetization. Software robots are real. They work. >> Right. >> Not perfect, chat bots aren't perfect but they're getting better, and better and better. You look at things like fraud detection, how far that's come just in the last five or six years? You pointed out earlier, Chris, the technology is there, it works. It's not a mystery anymore, right? I've been around a long time, too And technology used to be so mysterious and nobody knew how it worked. The Wall Street analysts, it was like, how's this tech work? Today, it's ubiquitous. >> Yes, agree, absolutely. >> It's the process, it's the people, it's the collaboration, that's the hard part. >> Yeah, I mean you said it earlier, it's getting businesses to adopt what they do, right? To really focus on where they can add value and get the people to come along. >> Chris, thank you. >> Yeah, thank you. >> Appreciate the time. >> Sure. >> And enjoy the rest of the show and again, we do thank you for the time here today. >> Okay, take care. >> Good deal, alright. Back with more here, you're watching theCUBE from Washington D.C. (upbeat techno music)

Published Date : Sep 27 2018

SUMMARY :

bought to you by Infor. and the White House, where there and we are joined by Chris Lilley, about the relationship, Grant Thornton and Infor. we spend a few days with Forrester; that one of the benefits that we're going to bring To elaborate a little on the story, we spent a few days that they created for us and we decided to jump in. so, what was it that got your attention you think? and can probably sell anything to anybody. Yeah, the in-house-agency and trends that you're seeing. make the investment that we needed to make. and the number of candidates that are qualified, are relatively flat, so the promise is that, It's kind of your job to make that all happen. from the client, they're givin' it to 'em and the scale they provide it at? From the generation to the distribution of power I mean the instrumentation of the homes And it's all about the data. That you chose. Specific in healthcare space, we were doing and the infrastructure to make sure securing the data. Where do you see the relationship going then? The data's the key to all that And you know these buzzwords are actually, but figuring out how data contributes to monetization. how far that's come just in the last five or six years? it's the collaboration, that's the hard part. and get the people to come along. and again, we do thank you for the time here today. Back with more here, you're watching theCUBE

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