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Massimo Russo 

Senior Partner & Managing Director

Boston

Making the Transition for Hardware to Software

Now that sensors can be embedded into products to connect them to the Internet of Things, any company offering products traditionally designed with mechanical and electric engineering can also consider embracing data and software strategies. But hardware companies moving into software businesses will need to adapt their business model and develop new capabilities, explains BCG’s Massimo Russo. They will need to consider on which platform they will build their new offerings, how can they can monetize their new offerings, and which capabilities they will need to build in house.

Massimo Russo is the North America leader of The Boston Consulting Group’s Technology Advantage practice and a member of the firm’s Industrial Goods; Operations; Technology, Media & Telecommunications; and Strategy practices.

Massimo helps clients build competitive advantage through technology, with a focus on industrial clients. Since joining BCG in 2001, he has advised clients across a number of sectors, including automotive, engineered products, and technology. He played a lead role in supporting the Presidential Task Force on the Auto Industry in evaluating the restructuring of General Motors and Chrysler.

Before joining BCG, he worked at GE Aircraft Engines, leading its Destroy-Your-Business.com group. He started his career as a product development engineer for Product Genesis.

Areas of Expertise

  • Leads BCG's Technology Advantage practice in North America
  • Technology-driven innovation
  • Business transformation
  • Digital and IT strategy
  • Operating-model design
  • Implementation
  • Organizational efficiency and delayering

Education

  • MBA, Harvard Business School
  • MSc, mechanical engineering, Massachusetts Institute of Technology
  • BS, mechanical engineering, Massachusetts Institute of Technology

Honors and Awards

  • Three patents for 3-D printing, medical, and automotive products
  • Led research at MIT Media Lab on 3-D tactile interfaces for virtual environments
Experts
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