Risk Services for Telecommunications, Media and Technology (TMT)
Digitalisation is revolutionising the TMT sector, acting as a catalyst for changing business models. This presents both huge opportunities and risks. While new revenue streams are bringing TMT organisations closer to the more switched-on, tech-savvy consumers, they have also seen a dramatic reduction in many traditional sources of revenue. The recent downturn has also heightened pressure on organisations to change to match the rapid developments in digital technology, consumers who expect more services at a lower cost, and who demand greater interactivity and control over the services they receive.
Deloitte’s Risk Services proposition focuses on a number of those key challenges in the following areas:
For telecom service providers, there’s a relatively rare opportunity to achieve a step-change in revenue growth but this requires investment in capacity and capability and international co-ordination and deployment.
On the media side, a converging industry heightens the value of content, the value of a brand and the importance of owning the customer.
Technology firms are suddenly able to take a wider slice of revenues across the value chain (e.g. by offering over the top services or enabling cloud offerings).
We have a deep knowledge of the industry, broad functional experience, and we understand the technology involved.