HOW WE CAN HELP?



TMT consultants are some of top trusted advisors helping technology, media and telecommunications organizations both in USA and around the world grow and reduce their risk.

We do this by leveraging our deep experience working with many of the country's largest telecom and cable operators software, entertainment and media companies as well as some of the most promising start-up businesses and high growth tech companies. Our clients are working with us to help them achieve a wide range of objectives including: Growing their revenue, minimizing expenses and optimizing operations Leveraging smart tax strategies, tax credits and R&D incentives Minimizing financial risk, accounting risk and operational risk to drive business performance Building appropriate tax, accounting and compliance systems for international, cross-border operations Conducting sophisticated transactions including acquisitions, exits, mergers and restructurings.





THE NEXT BIG CHALLENGE FOR TELCOS



Decarbonization represents a significant challenge for telcos, given the significant energy requirements to maintain existing network infrastructure and to continue expanding and developing technologies for next-generation networks.


But it also represents a significant opportunity to meet growing consumer expectations around sustainability, enable operational cost reductions, become a good corporate citizen and potentially benefit from green financing mechanisms that open the doors to more access to capital. Leading global telcos have made big, bold commitments and set targets to decarbonize.


Fleet electrification, as well as procuring green energy, will be vital, particularly in a 5G world. But decarbonization also involves a completely different approach to business, including circular economic models and sustainable value chains. When we think about the broader upstream and downstream carbon emissions, the types of decarbonization initiatives required are significantly more complex but are equally as important as they often represent the majority of a telco’s carbon footprint.


Finding the right decarbonization strategy is key to achieving broader climate change commitments, including net zero. But there is no silver bullet — telcos will need to consider their network asset management strategies, electrification initiatives and digitisation opportunities, in addition to external procurement of low-carbon and renewable energy sources.





UPGRADING TO 5G WILL REQUIRE MORE ENERGY



The rapid pace of technological change in the telecommunications industry will continue as the largest players roll out 5G networks through 2027. 5G is already being rolled out in certain regions, with download speeds that are 205 per cent faster than 4G.


Although many Telcos have designed their 5G networks to be more energy efficient, densification and the increase in data traffic is expected to consume more energy compared to previous generations.


Despite this, 5G and hyper-connectivity are set to be the key that unlocks the inherent potential in technologies such as Big Data, the Internet of Things, future mobility and autonomous vehicles, artificial intelligence, and augmented reality.


These and other emerging technologies will aid large scale organizations in enterprise architectural enhancements, cost optimization, enhanced security, and machine learning capability. While the societal and digital transformation benefits are clear, there is a need to balance these advancements with sustainability initiatives.



The good news is that some global telcos have committed to deploying energy-efficient 5G networks that depend on renewable energy sources to decrease fossil fuel-based electricity generation.


Further, network virtualization, Open Radio Access Network and investment in machine learning and AI present major opportunities to drive efficiency in network energy consumption.


There’s also an opportunity for the industry to get in on the ground floor and enter into power purchase agreements (PPAs) or virtual power purchase agreements (VPPAs) with utility providers to secure renewable electricity and potentially realize attractive financial returns depending on market energy prices.


European telcos are also exploring next-gen solutions to aggressively combat 5G’s energy footprint. This includes implementing sustainability or low-carbon requirements for suppliers, considering new modes of self-energy generation like micro-grids and smart-metering, and exploring the use of AI algorithms to predict and adjust energy consumption.



WHAT THIS STUDY SHOWS IS THAT TMT COMPANIES ARE UNDERUTILIZING THEIR DATA RESOURCES:



  1. Only 32 percent fully utilize their customer data.
  2. Fewer than 10 percent rate their organizations’ level of maturity as world class for data monetization, data management and architecture, and data quality and governance.
  3. 75 percent believe that using enterprise data effectively can radically change their business models.

The bottom line: TMT companies must start treating data strategy as a foundational enterprise capability



How we can help?



We understand the issues affecting global technology providers. Our professionals bring extensive industry knowledge and deep technical experience as the advisors of choice to some of most well regarded companies and the worlds’ most celebrated technology brands. Technology clients work with us to help achieve a range of objectives including:

  1. Growing their revenue, minimizing expenses and optimizing operations.
  2. Leveraging smart tax strategies, tax credits and R&D incentives.
  3. Minimizing financial risk, accounting risk and operational risk to drive business performance.
  4. Building appropriate tax, accounting and compliance systems for international, cross-border operations.
  5. Conducting sophisticated transactions including acquisitions, exits, mergers and restructurings.
  6. Implement effective platforms to secure information, enhance compliance and reduce risk.