Global Technology, Media & Entertainment and Telecommunications (TMT) services
Focus on digital agility, operational excellence and enterprise trust.
Relentless digital disruption and growing convergence are generating a global business upheaval of unprecedented proportion — and Technology, Media & Entertainment and Telecommunications (TMT) companies stand at the center of the opportunities being created.
TMT companies are relentlessly driving disruption, even as those same forces ceaselessly reshape them. Their market boundaries continually dissolve, reform and dissolve again. Content distributors are transforming into content producers, and vice versa; service providers are becoming tech companies; and technology companies are driving dramatic change in virtually every sector of the economy as enablers or new competitors to incumbent players.
Competition escalates everywhere, and new entrants move from the far horizon to existential threat, seemingly overnight. Meanwhile, the range of digital disruption and convergence suffuse the business with unprecedented complexity, while digitally empowered customers demand more than ever before — and want everything now.
Whether you compete in technology, media and entertainment or telecoms — or across all — increasing convergence and digital disruption could mean you need radically new strategies that will differ depending on your unique offerings, strengths, goals, customers and market position. You need broader, more holistic skillsets for execution. You need to rapidly access and integrate specialized knowledge and resources you may have never thought about before.
As you confront these challenges, EY Global TMT services can magnify your impact and effectiveness and accelerate your speed to market and value. We can help deliver adaptive services of lasting value to help you clarify, address and overcome your most complex business problems, worldwide.
EY in Technology
Will you let disruption build you up or tear you down?
Businesses of all types now compete for the best tech talent — as do the “next-generation” disrupters continuously arising within the tech sector itself. While other companies are only just learning agility, technology businesses must take agility to a whole new level. As they do, they must improve their effectiveness in areas ranging from M&A to forecasting and inventory management.
We can help these companies focus on innovation and strategy to build more compelling, customer-focused experiences; extend operational excellence and address operational weaknesses; make the most of dynamic, mobile, globally dispersed workforces; and differentiate themselves by earning strong reputations of digital trust and security.
“Technology companies are driving the digital revolution and creating the narrative about the future of business — worldwide. But the very centrality of technology is creating enormous new risks for tech companies.”
EY in Media & Entertainment
How will you move from content creator to business enabler?
To accomplish all this, companies must think seamlessly across content and technology, complementing creativity with advanced analytics and accelerating execution by transforming processes and automating key operations. The EY worldwide network of more than 7,300 M&E professionals can help.
We serve 100% of the M&E companies on the 2016 Fortune® Global 500 and the 2016 S&P Global 1200 and over 95% of those on the 2016 Forbes® Global 2000. We’re also the leading auditor of M&E companies on each of these lists, as well as the Fast Company® list of the World’s Most Innovative Companies.
These industry leaders rely on the global EY network to quickly provide actionable insights for planning, strategy, and execution, optimizing performance and operational effectiveness and managing risk in its myriad new forms.
“Exponential rates of technology innovation are transforming media and entertainment’s operating models, including anytime-anywhere access, evolving content creation and payment strategies, and direct-to-consumer distribution. Tomorrow’s M&E winners will delight increasingly empowered audiences and subscribers with highly differentiated experiences.”
EY in Telecommunications
Is convergence driving value creation or corrosion?
Meanwhile, immense new opportunities are arising in fixed and mobile infrastructure and the digital services they enable. Telecom companies are now ready to capitalize on these opportunities by digitally transforming their enterprise operations to improve effectiveness and profitability.
At EY, we serve every one of the world’s Top 20 telecommunications companies ranked by market capitalization; among the 2016 US Russell 3000, we represent more telecoms revenue and market value than any competing organization. Our clients offer us their trust based on our exceptional industry knowledge, stakeholder relationships, global capabilities and proven track record of deep collaboration and relevant advice.
Addressing the unique challenges of today’s service providers Whether our clients are reinventing the customer experience, protecting legacy revenue streams or building scale and adding new offerings, our network of more than 6,800 telecommunications professionals can help. We can support you to ramp up digital agility, revitalize margin management, resist commoditization and build trust to retain core customers and reach new ones.
“Network operators face unprecedented challenges and opportunities in a fast-changing industry landscape. For established players, slowing penetration growth in core services, disruption from new providers and continuing regulatory pressures make cost control and business efficiency ever more crucial.”
The TMT Convergence Network helps you put it all together
Digital disruption and convergence mean you cannot solve problems in isolation: elements of the solution connect and interact in surprising ways. That’s another reason so many TMT companies rely on EY’s deep, wide and integrated resources.
We can help them understand, align and optimize these connections to work together — improving customer experience, operational efficiency, trust and profitability.
EY’s practical and holistic approaches draw on the right mix of industry-specific and cross-industry knowledge from our assurance, advisory, tax, transaction and finance professionals, as well as our global ecosystem of collaborators, allies and alumni.
“Learn more about how the EY network of more than 38,000 TMT professionals can help you nurture growth by bolstering agility, operational excellence and institutional trust. Discover how EY member firm’s advisory, assurance, tax and transaction services can help you thrive in this rapidly changing environment, build a better working world and prepare for the disruptions yet to come.Find out more at ey.com/tmt