LOVOO

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Driven by the transformation in the world of IT, we develop state-of-the-art app technology for our customers. But our company is also well equipped for the future transition to SAP S/4HANA by using SAP S/4HANA Finance. Thanks to the itelligence Managed Cloud Service, we benefit from a secure infrastructure for our systems.

Claudio Di Vincenzo, Project Manager and Head of Finance & Controlling, LOVOO GmbH

Employees: about 140 (2020)

Turnover: about MEUR 44 (2018)

The social network LOVOO, founded in 2011 as a startup in Dresden, Germany, is now one of the leading dating app providers in Europe. With the mission of helping to meet new people, making new friends, or even finding true love, LOVOO has transformed into a global company within just a few years.

Challenges and Benefits

Challenges

  • Need for a secure infrastructure for the heterogeneous system landscape
  • Insufficient data processing performance

Benefits

  • Basis for the future solution SAP S/4HANA
  • Improved analysis functions thanks to the in-memory SAP HANA database
  • Real-time processing of large data volumes
  • High-performance business processes
  • Secure infrastructure for system operations
  • Cost savings thanks to automated processes
  • ISO and ITIL-certified processes regarding the Managed Cloud Services
  • Capacity freed up for strategic matters

Solutions

LOVOO GmbH - On Cloud 9 with SAP S/4HANA Finance and Managed Cloud Service

By implementing SAP S/4HANA Finance and opting for the itelligence Managed Cloud Services, Lovoo is prepared for SAP S/4HANA in the future and benefits from increased performance, real-time processed data, freed up capacity and a lot more.

Connecting People. A Passion for IT

Driven by strong market dynamics, LOVOO develops state-of-the-art technologies. In this case, new features like live streaming are supporting the modern way of cultivating social relationships. But LOVOO itself also relies on innovative software – because for this provider, it’s absolutely vital to be able to access the latest corporate data instantly and at any time.The SAP HANA database provides a crucial basis for processing large data volumes quickly and efficiently and, among other things, allows the financial accounting team to process and evaluate all transactions quickly and easily.

 

Managed Cloud Services enable you to quickly and simply move to the cloud and simplify IT operations.Icebreaker: SAP S/4HANA Finance.

With SAP S/4HANA Finance, LOVOO has set the course for future growth. Thanks to the in-memory technology, data is now stored in the main memory rather than in databases on hard drives. This significantly boosts performance within business processes, meaning that evaluations can be performed much more quickly, and data can be processed and analyzed in real time. The reduced response time when large data volumes are being read is especially impressive. Time-consuming, manual data alignment and delayed data availability are now things of the past.

 

Head over Heels into the Future.

Like the development of new app features, system support requires experienced specialists. This is why itelligence runs LOVOO’s systems in its secure state-of-the-art data centers. itelligence’s Managed Cloud Service ensures not only the very highest level of security within the system landscape, but also high-performance business processes.

With the smart itelligence solution [email protected], financial correspondence such as payment advice notes can be dispatched electronically and automatically by fax or e-mail. The usage of master data stored in the SAP system keeps manual input to a minimum. Thanks to a range of automated business processes, LOVOO is perfectly equipped for the digital future.

 

Learn more about SAP S/4HANA  Get to know our Managed Cloud Services

 

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