In a sector defined by fast growth and innovation, technology providers are seeking new ways to address the opportunities and business model challenges that will define their short- and long-term futures.
In a sector defined by fast growth and innovation, technology providers are seeking new ways to address the opportunities and business model challenges that will define their short- and long-term futures. Addressing these challenges also means technology providers need to continuously reinvent their operating models to provide the profitability and agility to succeed in the dynamic high-tech marketplace.
Innovation will remain a critical differentiator for the foreseeable future. Cloud, social, and mobile applications have driven considerable revenue growth, sparking a fierce battle to gain market share in these sectors. But with the technology industry shifting to a data-driven future, emerging technologies such as the Internet of Things, wearable devices and artificial intelligence will create new opportunities. Emerging business models such as “everything-as-a-service”, consumption-based, outcome-based, and collaborative consumption represent new sources of revenue but will require companies to pivot from their legacy operating model.
KPMG’s technology practice combines industry knowledge with technical experience to provide insights that help technology leaders take advantage of existing and emerging opportunities.
Change driven by technology, innovation, and consumer demand is creating new opportunities in the media and telecommunications industries. Business transformation has reached a level of maturity in both industries, and executives view this period of rapid and dynamic change with optimism. Today, technology enables companies to change more efficiently, and though there is still inherent risk, it is greatly diminished. Companies that transform can take advantage of opportunities brought about by convergence. They need to adapt their business models to fight competitive threats and seize opportunities to grow.
KPMG helps media organizations identify efficient and profitable options to deliver content, especially in light of new mobile platforms and increasing competition in user- generated media.
We help telecommunications organizations align their operations with rapid market transformation, which requires a critical eye on the current state and future challenges.