Deloitte Launches Center for Technology, Media and Telecommunications to Help Organizations Seize Opportunities and Take Smart Risks Amid Rapid Change

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Feb 12, 2018, 07:30 ET

SAN FRANCISCO, Feb. 12, 2018 /PRNewswire/ -- Deloitte announced the opening of its new Deloitte Center for Technology, Media and Telecommunications (TMT) to help clients identify the right strategies as technology-driven business models swiftly separate winners and losers. The TMT center will advance timely and thought-provoking research to help TMT business executives see opportunities clearly and take smart risks. With a focus on business impact – not just new technologies and trends – the center's research will help executives simplify complex business issues and ask the right questions to remain competitive, both today and in the near-future.

The TMT center is led by Jeff Loucks, executive director, Deloitte Services LP. Loucks is an award-winning author, research executive and thought leader. He co-authored the book, Digital Vortex, helping organizations adopt digital business models to compete effectively against digital disruptors.

"In today's disruptive climate, tech, media and telecom companies can't afford to chart the wrong path. Fear of falling behind and faith in the latest transformative technology can lead even the smartest leaders astray," said Loucks. "Our research and insights help simplify complex issues so business executives can spot hidden opportunities and make timely, informed and confident choices."

Upcoming TMT center research shows companies how to benefit from what cognitive technologies can do today, while building the capabilities they will need as these technologies mature. The center will also examine how TMT companies are transforming themselves by harnessing new digital business models enabled by cloud computing, internet of things (IoT), mobility and flexible consumption ("pay-as-you-go"), among other issues. Finally, the center will explore the future of computing, consumption and connectivity, helping TMT companies stay ahead of the curve on new consumer behaviors.

"Our clients count on Deloitte to help them transform uncertainty into opportunities and rapid change into lasting progress," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "Under Jeff's leadership, the center will cut through the hype and enable our clients to transform their business models with confidence, embrace smart risk and chart their future growth."

For more information on Deloitte's recent research on cognitive technologies, please read the "2017 Deloitte State of Cognitive Survey," and listen to Jeff Loucks discuss the impact of cognitive technologies on Deloitte's User Friendly podcast series here.

Connect with us on Twitter: @DeloitteTMT and @Jeff__Loucks, and stay tuned for the center's next piece of research related to the impact of cognitive technologies for TMT companies, scheduled to release in early March 2018.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including more than 85 percent of the Fortune 500 and more than 6,000 private and middle market companies. Our people work across more than 20 industry sectors to make an impact that matters — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them.

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SOURCE Deloitte