"A new trillion dollar addressable market is opening up. To take advantage of this market telcos must adopt and adapt the successful approaches of the digital masters."
(PRWEB UK) 22 March 2016
Digital Ecosystem Management is being presented as a transformational growth opportunity for telecom, media and tech leaders at the TMT M&A Forum 2016.
Simon Torrance, Senior Digital Adviser at BearingPoint, one of the world’s leading management and technology consulting firms, will make a keynote speech entitled: “Beyond M&A, How Digital Ecosystem Management offers a new way to grow in the Digital Economy”, at the industry leading event which gathers international leadership from the telecom, media and tech sectors to assess mergers and acquisitions strategy.
“With no growth for the foreseeable future, the industry needs to re-juvenate its core business model, to complement and supplement its M&A efforts,” said Torrance. “As the world moves towards the ‘Fourth Industrial Revolution’, a new trillion dollar addressable market is opening up. To take advantage of this market telcos must adopt and adapt the successful approaches of the digital masters by creating, managing and monetizing ecosystems of partners via platform-based business models.”
Torrance will also feature on the Media and Convergence Panel, and the Internet of Things Round Table at the event which features 70 speakers and 300 delegates including representatives of Vodafone, Liberty Global, Google, Telefonica, Altice, MediaSet, Goldman Sachs, JP Morgan and Citigroup.
“BearingPoint’s clients in TMT are starting to see the benefits of this approach, which offers a more sustainable path to growth than M&A,” added Torrance. ““Since we adopted Digital Ecosystem Management we have seen hockey-stick growth in our business” says one leading global player.” Simon Torrance will share this and other case studies at the TMT M&A Forum 2016 conference, to give senior executives new ways to grow.
TMT M&A Forum 2016 takes place in London on April 14, gathering key industry, finance and advisory executives to assess how transactions are driving change in telecoms, media and tech. Other key sessions at the event include TMT Leadership Strategies, TMT M&A Panel, Enterprise Cloud, Mobile Infrastructure, Digital Platforms, Telecom M&A Strategies, M2M and Internet of Things, Datacentres, Fintech and Financing TMT M&A.
Companies represented by speakers at the event include senior executives from Liberty Global, Telefonica, Iliad, Altice, Vodafone, Telenor, Google, VimpelCom, Interoute, Cellnex, Numericable, Millicom, NTT Docomo, Cellnex, Eaton Towers, Sigfox, Masternaut, CSL Dualcom, Gamma PCCW, Telekom Austria and TalkTalk. Financial institutions, private equity investors and advisers represented include Apax, KKR, Providence, Barclays Capital, BNP Paribas, Credit Agricole, Citi, Goldman Sachs, JP Morgan, ING, Societe Generale, Accenture, BearingPoint, Ernst & Young, Dentons, Linklaters, Hardiman Telecoms, Drooms and IFC World Bank.