Managing Director & Senior Partner, BCG Henderson Institute Fellow
Boston
Massimo Russo is a core member of the Technology Advantage practice at The Boston Consulting Group, and a member of the firm’s Industrial Goods; Operations; Technology, Media & Telecommunications; and Strategy practices. He became a BCG Fellow in 2017. As a Fellow, Massimo is using his experience counseling clients on technology to develop a perspective of the Internet of Things and its impact on business.
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, Massimo worked at GE Aircraft Engines, leading its Destroy-Your-Business.com group. He started his career as a product development engineer for Product Genesis.
Companies thinking about participating in data ecosystems need to consider the opportunities and risks that the various models present.
Participating in data ecosystems can be a critical part of a company’s comprehensive total societal impact strategy and a foundation for sustainable business model innovation.
The new European Data Governance Act is a good first step, but there’s room for complementary initiatives.
If companies are not willing to share their data, ecosystems die on the vine.
How should companies think about use cases that are distant, unknown, or do not yet exist?
B2B companies need a plan for IoT and other enterprise data privacy.
Innovation versus privacy leads the list of challenges as cities seek to boost intelligence and insight.
Data and data sharing are at forefront of the response to the novel coronavirus.
What the story of one woman's cancer cells, which have fueled 70 years of medical R&D, portends for data collected from the Internet of Things.
The Internet of Things presents a new opportunity for value creation—and a risk for those who ignore it.