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Pythian recognized as the winner of the Microsoft Canada Application Innovation IMPACT Award

OTTAWA, July 17, 2018 /PRNewswire/ - Pythian, a global IT company that helps businesses adopt disruptive data technologies to better compete, is proud to announce that our team has won the 2018 Microsoft Canada Application Innovation IMPACT Award. These annual awards recognize Microsoft partners who demonstrate excellence in innovation and implementation of customer solutions based on Microsoft technology.

The Pythian Group Inc (CNW Group/The Pythian Group Inc)

Microsoft prides itself on having the largest partner ecosystem in the industry, with over 14,000 partners across Canada. Each of these partners play an integral role in unlocking new opportunities for Canadian companies and Microsoft is committed to helping their partner ecosystem build profitable businesses and successfully take their solutions to market.

Microsoft Canada presented these awards in 16 categories on July 16, 2018 at the Microsoft Inspire conference in Las Vegas, Nevada. Winners were selected based on the outstanding work the companies provided to their customers and community.

"This year's IMPACT award winners represent the best and most forward-thinking innovators coming out of our partner community in Canada," said Charlotte Burke, Vice President, One Commercial Partner, Microsoft Canada. "Microsoft's partner ecosystem plays a fundamental role in driving Canada's innovation agenda forward, and ultimately strengthening our position as a globally competitive and prosperous country. We congratulate all of the winners on this amazing achievement and their continued dedication to bringing cutting-edge solutions to complex business challenges."

"When incredible technology, a visionary business and an incredibly capable team collaborate to create something new, magic happens," said Paul Vallée, CEO of Pythian. "That's what we lived when MD Financial Management asked Pythian to leverage Microsoft Azure and Blockchain technology to reinvent license inventory management."

Pythian recently delivered a solution that helped MD Financial Management (MD) save time and money with its groundbreaking use of blockchain and Microsoft Azure. MD approached Pythian for a solution to solve the challenges associated with managing software licenses held by users across the organization. They were looking for an innovative solution that would efficiently provision software licenses of multiple software applications for general office software, financial planning, ERP project management, payroll and more.

Drawing on its deep expertise of Microsoft Azure and blockchain, Pythian built an asset management system in Microsoft Azure with a blockchain backend that would provide immutable, fully auditable records of every software license from activation to retirement.

MD anticipates that it will reduce its licensing costs by 10% - 15% through the greater precision of the blockchain record. They are also expecting enormous reductions in audit procedure times: from weeks to minutes. In fact, because the blockchain record can be made accessible to the software vendors, the state of licensing within the company can be tracked in real time.

In addition to the cost and time savings, the transparency and accuracy of reporting will strengthen relationships with software vendors, cementing the trust between them and the client.   

"It's an exciting time to be working with Microsoft and optimizing Azure to help our clients benefit from exciting new and emerging technologies like Blockchain and AI,"  says Vanessa Simmons, VP of Business Development at Pythian. "Pythian has more than 20 years of experience in data which, for our clients, means innovative solutions that leverage cloud to solve real business problems."

About Pythian
Pythian is a global IT company that helps businesses leverage disruptive data technologies to better compete. Our services and software solutions unleash the power of cloud, data and analytics to drive better business outcomes. Our 20 years in data, commitment to hiring the best talent, and our deep technical and business expertise allow us to meet our client promise of using technology to deliver the best outcomes faster.

About MD Financial Management Inc.
With close to 50 years of physician-focused experience, MD has one main goal: to help Canada's physicians achieve financial well-being.

MD has more than $49 billion in assets under administration and is dedicated to serving Canada's physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.ca.

Product or service names mentioned herein may be the trademarks of their respective owners.

SOURCE The Pythian Group Inc

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