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EY - IoT in Digital Transformation

Vendor Analysis

by David Mayer

published on Dec 19, 2018

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Report Overview:

This NelsonHall vendor assessment analyzes EY's offerings and capabilities in IoT in Digital Transformation.

Who is this Report for:

NelsonHall’s transformational IoT services vendor assessment for EY is a comprehensive assessment of EY’s offerings and capabilities in the area of digital transformation, designed for:

  • Sourcing managers investigating sourcing developments within transformational IoT
  • IT and process decision makers exploring the benefits and inhibitors of transformational IoT as evidenced from the clients and vendor capability
  • Vendor marketing, sales and business managers developing strategies to identify developments and target opportunities within managed service programs
  • Financial analysts and investors specializing in, or covering the IoT industry and suppliers.

Scope of this Report:

The report provides a comprehensive and objective analysis of EY’s transformational IoT offering, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphasis, and new developments in both its service and technology
  • Analysis of the company’s strengths, challenges, and outlook
  • Revenue
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s key offerings (service model and service components)
  • Analysis of the company’s delivery capability (including the location, size and scale of delivery operations; and delivery via technology).

Key Findings & Highlights:

EY commenced work in IoT solution design in 2010, and its work in this area has evolved since become a focus area within the firm's book of digital business. But the company's real acceleration in work in IoT-centric digital transformation can be effectively dated to 2016, when the firm partnered with GE Digital on the Industrial Internet Alliance. The two firms' combined offerings have brought more genuinely transformational business opportunities to the Alliance than either company had to date been able to secure on its own. 

EY does not disclose its IoT-specific revenues, but NelsonHall estimates its revenue from transformational IoT projects at $70mn.

Table of contents:

Table of contents:

  • Background
  • Revenue Summary
  • Delivery Capability and Partnerships
  • Target Markets
  • Strategy
  • Accelerate IoT-Blockchain connector technology
  • Expand soft sensor reach through AI investment
  • Build out connected-environment security
  • Strengths and Challenges
  • Strengths
  • Challenges
  • Key Offerings
  • Outlook

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