Managing Director & Senior Partner
Sydney
Patrick Forth is the global leader of Boston Consulting Group’s Technology, Media & Telecommunications practice and a member of the Corporate Development, Strategy, and Operations practices.
Since joining BCG in 1987, Patrick has held a number of leadership roles, including head of BCG's operations in Australia and New Zealand for five years. He led the Asia-Pacific TMT business for five years and also opened and led BCG's office in Singapore. He currently serves on the board of BCG's Digital Ventures group.
Patrick's client work has focused on advising senior executives around the globe in the technology, media, and telecommunications industry on issues of leadership, strategy and direction, mergers and acquisitions, growth, transformational and operational improvement, and digital and productivity.
Patrick also led the European presence for iFormation Group, a BCG, Goldman Sachs, and General Atlantic Partners partnership that is focused on making technology investments alongside leading companies.
Despite the industry’s relatively weak performance, 15 of the 63 operators in our sample managed to generate double-digit annual returns.
While the names may have changed, the top performers have figured out an old-media lesson: subscriptions and recurring revenues pay.
The top ten value creators demonstrate the payoff from long-term strategies built around AI, the cloud, the Internet of Things, and software as a service.
TMT companies have the opportunity to lead consumers, companies, and the public sector into an increasingly digital world.
Digital transformation is hard, particularly for telcos. The leaders are looking beyond their core and using their strengths to meet the challenges.
Digital giants dominate their markets, while many traditional companies are looking to transform. Some incumbents are making big leaps—changing how they do business and achieving results.
Digital natives are generating a large—and growing—share of the sector’s value. But some traditional companies are also performing well. Other TMT players can join their ranks.
High-performing companies have one thing in common. They have developed—and they keep building—specific skills and capabilities that let them create and accelerate growth.
The tech industry has sparked tremendous value creation. Studying top performers is a master class in how to use new capabilities and practices to drive growth.
Two complementary technologies—blockchain and digital tokens—give data the continuity of physical assets and help solve the challenges of digital identity and trust. And they have the potential to wipe out the middleman across a wide swath of industries.