Working collaboratively with Koç Holding, BCG created a scalable digital center of excellence that aims to become a leading analytics and IoT resource.
Our Approach to IoT Adoption
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:
- Where do we build, and where do we buy, across IoT’s six-layer stack of devices, backbone, applications and analysis, security, communications, and services?
- How do we identify the right partners and digital ecosystems—because few companies will be able to do everything alone—for filling in gaps in our technical and business capabilities?
- How do we adopt—and facilitate—new ways of working to establish cross-functional alignment and accountability?
- How do we reengineer core business processes to capture the full value of IoT?
- How do we develop or acquire the necessary talent, especially in such areas as analytics, AI, and software engineering?
- How do we create a scalable technical infrastructure that ensures the fast deployment of new use cases?
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.
Our Client Impact in Internet of Things
Video
July 14, 2020
Partnering to Build a Digital Hub in Turkey
Video
March 18, 2021
Shell's MachineMax Revolutionizes Equipment Management with Telematics
Shell and BCG 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.
We Drive IoT Adoption Across All Industries
Industrial Goods
- Automotive. IoT enables powerful use cases from smart navigation and autonomous driving to mobility and electric vehicles.
- Engineered Products and Infrastructure. IoT continues to enable use cases in aerospace and defense as well as machinery and industrial automation.
- Materials and Process Industries. IoT has powered the industry with real-world data, especially in agribusiness.
- Transportation and Logistics. The industry continues to leverage IoT data in the logistics, postal and parcel, rail, and shipping sectors.
Insurance
IoT allows insurance agencies to connect with customers in new ways and offer new pricing models based on data collected through sensors in a car.
Oil and Gas
IoTを利用すると、グリーンフィールドの資産にも、ブラウンフィールドの資産にも、まったく新しい無人オペレーションを取り入れることができます。こうして、経常経費、設備投資、リスクエクスポージャーを変えることができます。さらに、IoTの利用では、下流のB2CやB2Bにおいて、革新的な「つながる」ビジネスモデルが可能になります。
Technology, Media, and Telecommunications
- Technology. Tech is a critical enabler for IoT, especially with regard to how IoT devices are managed and secured, as well as how data is collected and analyzed. This happens across the IoT stack from the device and the cloud backbone to apps and analytics.
- Telecommunications. Telcos play a critical role in delivering data from device and cloud to applications. Both 5G and edge computing are important topics for realizing the value of IoT data.
Retail
IoT is a core component for trace-and-trace of vehicles for home delivery, customer experience, the physical retail space, and the connection with retail employers to ensure customer service is optimized.
Power and Utilities
IoT is a core component for trace-and-trace of vehicles for home delivery, customer experience, the physical retail space, and the connection with retail employers to ensure customer service is optimized.
Public Sector
IoT helps the public sector to transform outdated processes; improve operational efficiencies; improve transparency; and increase accountability among leadership, agencies, and citizens.
Explore Our Insights on the Internet of Things
Video
July 14, 2020
The Future of IoT
The innovation and value IoT delivers are virtually boundless, but companies need an integrated ecosystem of capabilities and stakeholders to harness its full potential.
Article
October 4, 2021
Connected devices are becoming ubiquitous in the industry. It’s time for commercial property and casualty insurers to seize this opportunity.
Article
March 15, 2021
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.
Article
February 28, 2021
Learn how telecom operators can strategically navigate IOT LPWAN technologies. Discover more now.
Meet Our IoT Consultants and Experts
Our IoT consultants help leaders across all industries combine IoT with other emerging technologies to launch innovative solutions and spark digital growth.
