Huron Consulting Group Inc. · NASDAQ:HURN
Huron Consulting — Proxy Contest (2015)
28 slides from Huron Consulting's proxy contest presentation, 2015
Slide 1: The Evolving Cloud: Case for Change
The Evolving Cloud: Case for Change © 2015 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.
Slide 2: Speakers
Speakers Bill Cronin, Managing Director Jason Moebius, Managing Director Bill has 20 years of consulting experience Jason has over 13 years of consulting specializing in enterprise resource experience assisting hospitals and planning (ERP). Bill’s expertise helps universities to implement business c
Slide 3: Agenda
Agenda About Huron What is the Cloud? Benefits Challenges Key Decisions Call to Action Question & Answer Session © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 3
Slide 4: Our Services
Our Services Higher Education We deliver the most comprehensive services to the industry and partner with institutions to improve business performance across the enterprise. Life Sciences Huron Life Sciences assists the continuum of life sciences organizations that support the life sciences industry
Slide 5: Huron Technology
Huron Technology Over 100 large-scale engagements Huron’s technology solutions are uniquely designed to improve business performance and management reporting for universities, academic medical centers, and healthcare systems. We assist institutions through successful technology transformation and im
Slide 6: What is the Cloud?
What is the Cloud? The Cloud, simply, refers to software and services that run on the Internet instead of your computer. Source: CNN Money – What is the Cloud? 9/3/2014 © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 6
Slide 7: What is the Cloud?
What is the Cloud? On Premise Cloud Solutions Perpetual licensing fee Cost Per User Subscription per seat and/or module Hardware & Client owned Vendor owned Software Ownership Upgrades & Done on site by a client or by a third party Virtual sync with your cloud solution Enhancements Client purchase A
Slide 8: What is the Cloud? Trends in Deployment Preference
What is the Cloud? Trends in Deployment Preference 12% While only 2 percent of Gartner survey respondents said they had core ERP systems running in the cloud, almost half indicated they planned to make the move within 5 years. 88% Source: Noel Radley, Market Research Associate, Software Advise 2008
Slide 9: Opportunity for Success
What is the Cloud? Before you Implement Formalize ERP Opportunity for Success Education Leverage Design Future- Other State Model(s) Institutions’ Define Experience Define Current Implementation State Finalize Scope, Team and Sequencing Gather Structures and Timeline Build Requirements Implement the
Slide 10: Poll Question #1
Poll Question #1 When is your organization planning to implement a cloud solution? 0 - 3 months 4 - 6 months 7 - 12 months More than 12 months No current plans to implement Source: Results of the poll during live webinar © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential.
Slide 11: Benefits
Benefits Cost Security Maintenance Technology © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 11
Slide 12: Benefits: Lower Costs
Benefits Lower Costs IT Infrastructure Costs Implementation Costs Staffing Costs Application Maintenance/Upgrade Costs Predictable Costs 49% of CAOs and CFOs at 4 year Public institutions say that technology improvement and maintenance is one greatest cost drivers © 2015 Huron Consulting Group. All
Slide 13: Benefits: Shifting Cost of Ownership
Benefits Shifting Cost of Ownership Cloud On Premise Solutions 43% Customization and Implementation 32% Customization Implementation and Training 26% Hardware 68% Subscription Fee 14% IT Personnel 9% Software Licenses 7% Maintenance 1% Training Source: Yankee Group DecisionNote Technology Analysis ©
Slide 14: Benefits: Improved Security
Benefits Improved Security • Dedicated Security Resources • Secured Infrastructure • Business Continuity © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 14
Slide 15: Benefits: Reduced Maintenance
Benefits Reduced Maintenance • Highly Configurable • Streamlined Process • Regular Automated Upgrades © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 15
Slide 16: Benefits: Improved Technology
Benefits Improved Technology • System Performance • Frequent Updates • Use of the Latest Technology Standards • Improved Scalability © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 16
Slide 17: Poll Question #2
Poll Question #2 What barriers does your organization face when considering implementing a cloud solution? 25 20 15 10 5 0 General lack of Too many disparate Lack of centralized High-level of system Concern about understanding systems decision making customization security of the cloud Source: Resul
Slide 18: Challenges
Challenges Security Control © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 18
Slide 19: Challenges: Security
Challenges Security • Data Loss • Auditability • Loss of Local Control © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 19
Slide 20: Challenges: Control
Challenges Control Timing of Maintenance Portability Enhancements © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 20
Slide 21: Key Decisions
Key Decisions Identifying Requirements Make changes Integrate with quickly other applications Satisfy different Secure data user needs access 53% have seen innovation hindered due to inability to integrate to systems they have By 2016, 40% new IT Initiatives and other clouds with LOB as decision-mak
Slide 22: Key Decisions – Deployment Strategies
Key Decisions – Deployment Strategies Co-Existence: Long-Term, partial transition to cloud system Travel and Time and Expense Attendance Finance Human Resources © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 22
Slide 23: Key Decisions – Deployment Strategies
Key Decisions – Deployment Strategies Steady Transition: Phased Migration to Cloud Based Systems Time and Travel & Expense Attendance Accounts Payable Absence Inventory Management Finance Human Resources © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 23
Slide 24: Key Decisions – Deployment Strategies
Key Decisions – Deployment Strategies Transformational: Complete Enterprise-Wide Transition to the Cloud Human Capital Financial Management System System On Premise On Premise Financial System HCM System © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 24
Slide 25: Cloud Solutions: Deployment Questions
Cloud Solutions Deployment Questions Are we realistic about the time needed to successfully deploy? Are we able to transition technically and culturally? What are the reasons behind a move to the Cloud? Have we thought through the expense involved? What can we learn from other institutions that have
Slide 26: Poll Question #3
Poll Question #3 What Cloud Solution are you considering? 14 12 10 8 6 4 2 0 Concur Oracle Cloud Salesforce SciQuest Workday Other Source: Results of the poll during live webinar © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 26
Slide 27: Call to Action
Call to Action Does your organization need enhanced service delivery, information management and access? Are you looking to increase efficiency and consolidate Is the cloud while reducing IT costs? right for you? Is your focus shifting towards on-demand access to a shared pool of computing technolog
Slide 28: Questions?
Questions? 28 © 2014 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.