News and Media
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The automotive industry is changing rapidly due to the introduction of shared mobility, electric cars, and a diminishing trend of car ownership as a status symbol. Automotive after sales service providers must reinvent the way they interact with customers to survive and protect revenues.
The Internet of Things (IoT) offers the insurance industry disruptive and transformative potential. Nowadays, devices using IoT technology are omnipresent and generate a wide array of data. Leveraging this huge amount of data presents insurance companies considerable business opportunities in terms of customer relationship, data insights and individualization. On the basis of three use cases, this article provides insights into how IoT can be used to generate value for insurance companies. Further, we show how value-generating business models can be created by tapping into the opportunities. To conclude, we provide guidelines for insures keen to benefit from IoT.
The transition to remote work has accelerated in companies around the world because of COVID-19. BearingPoint employees in Switzerland not only completed the move to home offices but nearly 90 percent report that their well-being and productivity have remained unchanged or even increased because of working remotely.