Boston Consulting Group

Ninety Percent of CEOs Are Waiting for GenAI to Move Past the Hype or Experimenting in Small Ways

Retrieved on: 
Friday, January 12, 2024

"This is the year to turn GenAI's promise into tangible business success," said Christoph Schweizer, BCG's CEO.

Key Points: 
  • "This is the year to turn GenAI's promise into tangible business success," said Christoph Schweizer, BCG's CEO.
  • "Almost every CEO, myself included, has experienced a steep learning curve with GenAI.
  • When technology is changing so quickly, it can be tempting to wait and see where things land.
  • But with GenAI, the early winners are experimenting, learning, and building at scale."

Regulations, Cybersecurity, and On-going Digitalization Push Data Governance to the Fore as a Client Concern

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 /PRNewswire-PRWeb/ -- A new report from Law.com Compass Pacesetter Research (previously known as ALM Intelligence Pacesetter Research) finds that a growing number of business problems have data dimensions, and all too often poor data governance is a primary culprit. This, in turn, has forced professional services providers (lawyers, consultants, technologists, boutiques, multiservice professionals) to incorporate and strengthen data governance hygiene services in their portfolios. So while it is common for client projects to begin with compliance or security issues, they typically end with a data governance framework redesign.

Key Points: 
  • This, in turn, has forced professional services providers (lawyers, consultants, technologists, boutiques, multiservice professionals) to incorporate and strengthen data governance hygiene services in their portfolios.
  • So while it is common for client projects to begin with compliance or security issues, they typically end with a data governance framework redesign.
  • This research has also found that how clients think about data governance reflects their relative level of digital maturity.
  • To learn more about the research or to obtain the full version of the Data Governance report, visit https://www.law.com/lawcom-compass/pacesetter-research-2/ .

Moov Announces Promotion of Rajiv Chegu to Chief Operating Officer

Retrieved on: 
Thursday, January 11, 2024

TEMPE, Ariz., Jan. 11, 2024 /PRNewswire/ -- Moov , the world's largest and fastest growing marketplace for used semiconductor equipment, today announced that Rajiv Chegu has been promoted to the newly created role of Chief Operating Officer (COO).

Key Points: 
  • TEMPE, Ariz., Jan. 11, 2024 /PRNewswire/ -- Moov , the world's largest and fastest growing marketplace for used semiconductor equipment, today announced that Rajiv Chegu has been promoted to the newly created role of Chief Operating Officer (COO).
  • Since joining Moov in 2022, Chegu has served as Head of Operations, running the gamut of company operations: people, processes and strategy.
  • Chegu's promotion signals Moov's plans to continue expanding its global footprint, product footprint, and market penetration.
  • In 2023, Moov announced expansion of its presence in South Korea and the establishment of a new office in the strategic global semiconductor hub of Taipei .

Amy Helenbrook Joins Stax's Value Creation Practice as Managing Director

Retrieved on: 
Tuesday, January 9, 2024

NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Stax , a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms , PE-backed companies, hedge funds, and investment banks, has announced the appointment of Amy Helenbrook to the role of Managing Director in the Value Creation practice based in Chicago.

Key Points: 
  • NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Stax , a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms , PE-backed companies, hedge funds, and investment banks, has announced the appointment of Amy Helenbrook to the role of Managing Director in the Value Creation practice based in Chicago.
  • Prior, Helenbrook accumulated over 15 years of management consulting experience, holding senior positions at both Insight2Profit and the Boston Consulting Group.
  • Additionally, our analytics practice, consisting of over 20 professionals, will serve as another lever supporting Amy's efforts, enhancing the Value Creation practice, and enabling Stax to deliver optimal results for our clients."
  • I am particularly eager to contribute to the development and expansion of our value creation initiatives," said Amy Helenbrook.

New Global Initiative to Advance Digital and AI-Driven Transformation of Healthcare Systems

Retrieved on: 
Tuesday, January 9, 2024

The new initiative, launched in collaboration with Boston Consulting Group (BCG) , will harness the untapped power of digital solutions to help address the host of pressing interconnected challenges straining the global healthcare system.

Key Points: 
  • The new initiative, launched in collaboration with Boston Consulting Group (BCG) , will harness the untapped power of digital solutions to help address the host of pressing interconnected challenges straining the global healthcare system.
  • The joint effort will foster international collaboration on promising new digital tools such as AI to reshape patient care and improve system inefficiencies worldwide.
  • The Transforming Healthcare: Navigating Digital Health with a Value-Driven Approach report's strategic framework outlines five overarching digital enablers that could expedite the sustainable transformation of healthcare systems and help ensure maximum impact for patients worldwide:
    Data: Unlock the value of data which enables digital applications to create impact.
  • Funding and incentives: Align incentives among stakeholders and ensure funding so digital can be scaled up for maximum impact.

Jennifer Pereira appointed Managing Director, Group Head of Fengate Private Equity

Retrieved on: 
Monday, January 8, 2024

TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Fengate Asset Management is pleased to announce the appointment of Jennifer Pereira to Managing Director, Group Head of Private Equity.

Key Points: 
  • TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Fengate Asset Management is pleased to announce the appointment of Jennifer Pereira to Managing Director, Group Head of Private Equity.
  • Previously Managing Director, Private Equity, with Fengate, Jennifer now leads the firm’s private equity business and her responsibilities expand to include overall management of Fengate’s private equity funds, team leadership, and strategic planning and operations, and she joins the firm’s Executive and Investment Committees.
  • “Congratulations to Jennifer on her well-deserved appointment and I look forward to the growth of our private equity business under her skilled leadership,” said Lou Serafini Jr., President and Chief Executive Officer, Fengate.
  • Fengate Private Equity, a division of Fengate Asset Management, is focused on partnering with growth-oriented businesses in the business services, consumer products and services, and information, communications, and technology (ICT) sectors.

World Trade Map Being Redrawn as Global Growth Slows and Regional Links Deepen

Retrieved on: 
Monday, January 8, 2024

"Global trade is shifting and the once-familiar map is being redrawn," said Nikolaus Lang , managing director and senior partner, global leader of BCG's Global Advantage practice, and a coauthor of the report.

Key Points: 
  • "Global trade is shifting and the once-familiar map is being redrawn," said Nikolaus Lang , managing director and senior partner, global leader of BCG's Global Advantage practice, and a coauthor of the report.
  • The research highlights five emerging global trade dynamics that will characterize the world in the coming decade:
    China Trade Dynamics.
  • Persistent trade tensions and increasing "managed trade" between China and the West are causing West-China trade to decelerate.
  • The projected fall-off in US-China trade is one of the most significant developments in the updated global trade map, with 2032 trade value forecast to fall by $197 billion from its 2022 level.

GiantLeap Capital Joins Intel Capital and DigitalBridge in Investing in Articul8, a spin-off of Intel's business focused on Enterprise Generative AI

Retrieved on: 
Friday, January 5, 2024

Articul8 provides a comprehensive, vertically-integrated, and secure generative artificial intelligence (GenAI) software platform tailored for enterprise clients, with a choice of cloud, on-prem or hybrid deployment.

Key Points: 
  • Articul8 provides a comprehensive, vertically-integrated, and secure generative artificial intelligence (GenAI) software platform tailored for enterprise clients, with a choice of cloud, on-prem or hybrid deployment.
  • Samir Parikh, Co-Founder and Managing Partner at GiantLeap Capital, said: "This strategic investment, made in collaboration with Intel Capital and DigitalBridge, highlights GiantLeap Capital's differentiated special situations investing strategy in growth equity opportunities in the private and public markets.
  • Alex Villela, Head of DigitalBridge Ventures, said, "Every global enterprise today is challenged to integrate GenAI capabilities into their workflows.
  • We see GenAI as a pivotal force driving digital infrastructure, and we are pleased to collaborate with Intel and GiantLeap Capital to support Articul8's growth."

Vintage Wine Estates Names Ryan Watson as Chief Marketing Officer

Retrieved on: 
Thursday, January 4, 2024

Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer (“CMO”).

Key Points: 
  • Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer (“CMO”).
  • Mr. Watson joins VWE with nearly 20 years’ experience in global, data-driven, consumer-oriented marketing and transformational strategies in both B2B and B2C verticals across a variety of industries.
  • Seth Kaufman, President and Chief Executive Officer, commented, “We are thrilled to welcome Ryan to our executive team to lead our efforts in creating a consumer-focused enterprise that can deliver sustainable growth.
  • Prior to BCG, Mr. Watson had a unique career path spanning Amazon, Kraft Heinz, Tesco, and two high-growth consumer companies.

PRISM MarketView Launches Emerging Women’s Health Index

Retrieved on: 
Thursday, January 4, 2024

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- PRISM MarketView, a leading provider of unbiased market insight and company news, today announces the launch of its PRISM Emerging Women’s Health Index. The growth of the women’s health market is accelerating with the introduction of next-generation therapeutics and artificial intelligence (AI) powered imaging and diagnostics tools. The PRISM index tracks emerging companies delivering innovative solutions to address women’s health issues.

Key Points: 
  • NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- PRISM MarketView, a leading provider of unbiased market insight and company news, today announces the launch of its PRISM Emerging Women’s Health Index .
  • The PRISM index tracks emerging companies delivering innovative solutions to address women’s health issues.
  • PRISM Emerging Women’s Health Index outperformers this week include Minerva Surgical , which is up 12.63% in morning trading on Thursday, Sera Prognostics which has risen 6.90% and Agile Therapeutics which has gained 1.84%
    PRISM MarketView reviewed a selection of the companies set to transform the women’s health landscape in 2024.
  • Aspira Women's Health is dedicated to transforming women's health, starting with ovarian cancer.