Every industry confronts a digital transformation. But how it plays out and the degree of impact it has on competitive advantage will vary widely depending on the specific sector. The winners will be those companies that combine traditional industry expertise with a deep understanding of the disruptive potential of the latest technologies.
Automotive & Mobility
The automotive industry is no longer just selling cars and trucks. It is providing mobility services and entertainment spaces, and innovating software-driven, artificially intelligent autonomous vehicles. OEMs must start evolving their digital offerings and build the digital car company of the future now.
Learn more about BCG’s approach to digital transformation in the auto industry
Consumer & Retail
Traditional consumer products and retail companies are learning how to win in the midst of digital disruption. It requires enhancing the online and in-store customer experience and accelerating their digital innovation speeds.
Learn more about consumers’ digital habits
Technology is altering to economics of education, requiring institutions at every level—primary, secondary, postsecondary, and vocational—to embrace digital transformation. The impact is significant for students too; in fact, education technology can help foster social and emotional skills.
Learn more about BCG’s three-pronged blueprint for digitizing higher education
Energy & Environment
Digitization is essential to solving today’s energy challenges. But energy and environment companies must build their “digital muscle” in order to anticipate and embrace changes in the industry. Consider, for example, the upstream oil sector, in which digital is emerging as the path back to profitability.
Learn more about BCG’s work with a utilities company to launch their digital program
Digital transformation is reshaping customer behavior and expectations in banking. But banks are struggling to make digitization pay. To succeed, banks must adopt innovative processes and practices; use digital technology to make the customer journey simultaneously responsive and efficient; and combat new nonbank competitors as digital payments grow.
Learn how BCG’s Center for Digital in Financial Services approaches digital overhauls
Technology and big data have enormous potential to transform health care for the better, improving how clinicians deliver care, pharma companies design and develop drugs, and medtech companies innovate new products.
Watch the TED@BCG talk on health care’s digital future
Digital technologies and advanced analytics are also changing “old economy” sectors such as mining, construction, building materials, and paper. These companies need to craft a strategy for digital transformation now.
Learn more about BCG’s Center for Digital in Industrials
Insurers require a complete customer-centric approach in order to gain—and retain—competitive advantage in today's digital environment. Begin by assessing your digital fitness. Next, stay on top of current trends in digital insurance: insurtech, smart operations, and digital innovation.
Learn more about digital trends in the insurance industry
Media & Entertainment
Media and entertainment was among the first sectors to experience the disruptive effects of digital technologies. But questions still remain: How can traditional media companies best navigate the shift from print to online media? And what are the implications for the business operating model?
Learn how media companies must reimagine their data for a digital world
Principal Investors & Private Equity
Data and analytics have the ability to improve private equity firms’ performance along all segments of the value chain. Investors can gain a clear edge over competitors by using data analytics to better identify and assess potential investments.
Learn how and where to add digital to your private equity playbook
Effective and efficient delivery of public services is even more critical today, and in response, governments are going digital. Yet many users still experience a problem accessing digital government services. It’s up to public sector leaders to correct these issues and address new challenges such as helping create smart and safe cities with technology.
Learn more about digital transformation in the public sector
Technology Industries & Telecommunications
TMT incumbents are competing against companies born in the digital and mobile era. TMT companies must ride the waves of innovation to succeed in the industry’s growth areas: software as a service (SaaS), AI, IoT platform wars, and cybersecurity.
Learn how TMT companies can move forward in their digital transformation journey
Transportation, Travel & Tourism
Digital challengers are threatening to upend the transportation, travel, and tourism industry. Traditional companies must assess their digital maturity; target the weaknesses they uncover; and capitalize on digital opportunities to create new revenue streams. Consider, for example, how industrial drones will affect the industry.
Learn how BCG’s Center for Digital in Transportation can help organizations capture digital opportunities