Through sensors in everyday—and not-so-everyday—devices, the Internet of Things (IoT) generates an enormous volume of data. Augmented reality and virtual reality put data into view, context, and use in real time. That makes for a strong link between IoT and AR and VR. It also generates virtually unlimited business applications, such as order picking, AR-enhanced surgery, and digital twins, enabling a next-generation approach to modeling and monitoring plant operations, supply chains, and other complex systems.
Our AR and VR consulting team leverages BCG’s expertise in IoT as well as data and digital platforms to help companies develop solutions that unlock the full potential of their data. But because technology is only part of the equation, we also work with companies on the factors that are critical to winning with IoT and AR and VR, including data governance, people and organization changes, agile at scale, artificial intelligence, and digital transformation.