As the world's leading chemical company, BASF is benefiting from increased consistency of data collected, intelligent connectivity of hard and soft data, and the massive time savings that comes with replacing Excel-based planning.
The BASF Group employs about 122,000 people worldwide, with customers from almost every sector. In 2018, BASF achieved a turnover of around € 63 billion. It is a goal of the chemicals company to combine economic success with environmental protection and social responsibility. In total, the company's portfolio comprises six segments:Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions.
Since 2009, the Solyp platform has been supporting BASF in structured, interconnected and consistent data storage. Due to this positive experience, the chemical company took a step further in 2015 and decided that in the future Solyp would replace the Microsoft programs Excel and PowerPoint as standard software for strategic planning processes. Another reason for the change: Solyp standard software enables increased comparability for strategic data and reduces sources of error.
In the future, non-Excel based strategy processes throughout BASF will be mapped into the Solyp platform as well. Established strategic tools such as SWOT analysis or competitive analysis are conveniently integrated. Thus, the entire strategy process can be controlled digitally – from market and competitor analysis to the derivation of specific investment plans.
With Solyp, strategic data is bundled and easier to compare. Decisions can be made in a timely manner, as all the information you need is immediately available
Data is structured and bundled in one place for all employees. This minimizes the potential for error.
Quantitative and qualitative information is concentrated in one tool and displayed clearly. Market trends may also be incorporated into the decision-making process.