Data shared by the Internet of Things (IoT) offers a powerful opportunity for businesses to design new customer offerings, deliver enhanced efficiencies, and provide unprecedented insight into how to deliver value. Our IoT consultants help unlock the next level of innovation.
IoT leaders understand that, at its core, IoT is a fundamental component—and enabler—of digital transformation. But winning with IoT means connecting more than just devices. It means linking your strategy with your digital journey; employing the right emerging technologies, such as artificial intelligence (AI), augmented reality (AR), and blockchain; collaborating with the right partners and digital ecosystems; and establishing new processes and ways of working.
It’s a tall order, but by understanding the new IoT trends—such as better economics, edge computing, AI and AR, blockchain, and improved connectivity—and how best to leverage them, organizations of all types—businesses, governments, and nonprofits alike—will find that the possibilities for innovation and value are virtually boundless.
To harness these trends—and create an IoT strategy that fuels true digital transformation—our IoT consulting team helps organizations consider a number of crucial questions:
BCG’s IoT consultants help organizations zero in on the answers—to unlock new revenue streams, efficiencies, and possibilities—using our IoT consulting approach that integrates strategy, technology, and human components to drive the best outcomes.
Shell and BCG Digital Ventures have paired numerous times to reimagine the future and, in the process, have incubated and launched several new businesses. MachineMax, which evolved from an initiative whose initial aim was to find new applications for Shell lubricants, provides an answer to a critical challenge facing the mining and construction industries: how to maximize the productivity of their equipment.
Connected devices are becoming ubiquitous in the industry. It’s time for commercial property and casualty insurers to seize this opportunity.
Compared with cloud computing, competing at the edge requires a more complex set of skills and capabilities. So today’s winners may not be tomorrow’s.
Learn how telecom operators can strategically navigate IOT LPWAN technologies. Discover more now.
The choice comes down to adopting a uniform set of Internet of Things standards or building a cross-vertical platform that integrates different solutions.
Our IoT consultants help leaders across all industries combine IoT with other emerging technologies to launch innovative solutions and spark digital growth.
