CHALLENGE
Modernizing PMI system
A leading global financial services provider needed to modernize its Purchasing Managers’ Index (PMI) system - a critical economic indicator tracking business conditions across industries and regions.
To enhance data accuracy, scalability, and accessibility, the organization sought a cloud-based, serverless solution to streamline data collection, processing, and reporting.
SOLUTION
Serverless platform
7N provided expertise in cloud-native development, leveraging AWS infrastructure and a serverless approach to build a modernized PMI system.
The new solution:
Automated data processing
Managers and business owners submit economic data via digital questionnaires, which are automatically processed and aggregated
Real-time economic insights
Enables economists to calculate index values and publish reports promptly, improving decision-making speed
Scalable architecture
Built on AWS with .NET 5/6, Angular 12, and Terraform, ensuring flexibility, efficiency, and cost-effectiveness
Seamless data expansion
Supports continuous recruitment of firms to enhance index accuracy and better reflect economic conditions
IMPACT
Automated insights with scalable solution
The cooperation between 7N and the clients enabled:
Enhanced data accuracy
The cloud-based approach improved the precision of economic indicators across 44 countries and 28,000 firms
Faster publication cycles
Optimized workflows reduced reporting delays compared to traditional economic indexes
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