Technology Magazine June 2020 | Page 87

Introduction to Technology Consultancy
Introduction to Technology Consultancy
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87 industries , such as consumer products , health care , and automotive .” From BCG ; Nikolaus Lang , MD & senior partner ; Konrad von Szczepanski , MD & partner ; Nanne Louw , principal ; et al .
Data and analytics : A straightforward way to unlock value within companies compiling large amounts of data is leveraging its potential insights with analytics software . Capable of identifying trends and improving forecasting , integrating IoT data within a cloud platform and applying analytics can result in significant optimisation and is becoming an increasingly popular combination .
“ Leading companies are using their capabilities not only to improve their core operations but also to launch entirely new business models .
The leading firms have remarkably deep analytical talent taking on various problems — and they are actively looking for ways to enter other industries . These companies can take advantage of their scale and data insights to add new business lines , and those expansions are increasingly blurring traditional sector boundaries .”
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