TWIC Original - Internet of Things

Wednesday, January 24 2024

This week in
Consulting

Exploring the Evolution of Internet of Things

Editorial

Ever caught yourself daydreaming in the daily traffic grind, wishing for a self-driving car? Picture this: by 2030, smart electric cars could turn that dream into reality. Smart cities boasting connected cars, flying drones, futuristic shopping, sensors everywhere, and no more smartphones – welcome to the mind-boggling world of Internet of Things (IoT).

But wait, there’s more! Discover why Internet of Things is not just a passing trend but a business essential. Unearth the secrets to maximizing its power and explore tech that keeps IoT seamlessly running, even without the internet.

As the IoT landscape evolves, we dive into its current fragmented state and predict a future of streamlined organization. Fasten your seatbelts as we ride the IoT wave into a world where connectivity knows no bounds.

These insightful pieces are your go-to resource for understanding the IoT landscape from industry-specific and issue-specific perspectives. Enjoy the read, and be sure to share our perspective!

Laurent THOMAS

Laurent THOMAS

Chairman Consulting Quest

This week’s must read

In this edition of This Week in Consulting, we discover why Internet of Things is not just a passing trend but a business essential and venture to unearth the secrets to maximizing its power.

 

In the envisioned 2030 IoT world presented by Infineon Technologies, smart cities feature connected cars, flying drones, and advanced shopping experiences. The narrative follows Hannah, a cybersecurity expert, highlighting autonomous driving, gaming, healthcare advancements, the disappearance of smartphones, and seamless shopping, emphasizing the transformative impact of IoT on daily life.

@Infineon Technologies

This week’s media

Unlock the Power of IoT: From buzzword to Business Imperative! Tor-ai’s Managing Director shares invaluable insights on why IoT is no longer just a trend, but an absolute necessity for business success.

Thought Leadership

 

 

 

Doxee’s article underscores IoT’s crucial role in transforming the automotive industry. It discusses IoT’s impact on connectivity, personalization, and data-driven innovations amid declining global car sales. The piece outlines market trends, growth, and strategies for a competitive edge, emphasizing IoT’s potential to revolutionize customer experiences and redefine automotive success.

Elisabetta Severoni, @Doxee

 

 

 

In partnership with EY, Velon, a consortium of professional cycling teams, tackled the challenge of monetizing the sport. EY developed an IoT-powered app, transforming real-time data from cyclists into an engaging experience, fostering fan interaction and laying the foundation for a sustainable cycling economy. Velon CEO Graham Bartlett credits EY’s pivotal role in realizing this transformative vision for professional cycling.

Conrad Bates, @EY

 

 

 

 

Thingsquare explores the feasibility of the Internet of Things (IoT) without internet connectivity. Three key scenarios are highlighted: lack of internet access, deep data privacy requirements, and the preference for off-grid solutions.

Adam Dunkels, @Thingsquare

 

 

 

Deloitte’s report emphasizes the dynamic and complex nature of the Internet of Things (IoT) ecosystem. The primer serves as a top-down reference, providing a strategic framework to understand IoT-driven solutions. Deloitte aims to explore and streamline the fragmented IoT ecosystem through an eminence campaign, using this primer as a foundational resource.

Jonathan Holdowsky, Monika Mahto, Michael E. Raynor, and Mark Cotteleer, @Deloitte

This week’s consulting news selection

 

KPMG continues its growth in Quebec with the acquisition of Montreal-based firm Ruby Stein Wagner (RSW), offering specialized services in audit & assurances, taxation, and advisory for Family Office & private clients.|@KPMG

 

 

Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling and digital technology, announced it has acquired Flatwoods Consulting Group, Inc.|@Verdantas

 

 

CM Equity Partners (CMEP) has invested in Dexis Consulting Group, a Washington, DC-based consultancy specializing in US foreign assistance programs.|@CM Equity Partners

 

 

Tidal Basin Group announced the appointment of a renowned leader, Tom Lewis, as its new president and chief operating officer.|@Tidal Basin

Chairman and Co-founder at | + posts

Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.

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