Articles from BearingPoint

As vehicle development becomes increasingly complex with the transition to electromobility and the integration of software across almost all components, seamless coordination among specialized departments involved is more critical than ever. At the same time, competitive pressures demand shorter development cycles, making traditional methods of data exchange, such as point-to-point interfaces or manual processes, less efficient and prone to inconsistencies. However, a high level of data consistency is essential to ensure smooth development, integration, and validation, particularly in the development of electric control units and onboard communication systems.

AI is transforming the way businesses operate, but successful adoption isn’t just about technology – it’s about people. Management and technology consultancy BearingPoint’s latest study, “From fear to empowerment: Middle managers as catalysts in AI-driven transformation”, reveals that middle managers are at the heart of successful AI-driven transformations, playing a critical role in bridging the gap between leadership vision and real-world execution.

Management and technology consultancy BearingPoint reported full-year record revenue for the fourth year in a row, recording €1.069 billion in revenue for 2024 while delivering more than 2,000 projects in 31 countries around the globe. Bookings also came in at a record high of nearly €1.3 billion, showing strong momentum in business development. To support its growth, BearingPoint welcomed over 1,200 new colleagues, including 25 new Partners, expanding its global team to nearly 6,200 people at the end of the year. Growing demand for its products and services and a strong project pipeline indicate further growth in 2025.

Management and technology consultancy BearingPoint has announced today that Xerox has chosen the firm’s leasing solution as part of its enterprise architecture transformation. By choosing BearingPoint’s leasing solution, Xerox is adopting a clean core approach to streamline operations across markets and business processes. With the integration of Lease&Rent and Assets&Funding to complement SAP S/4HANA Cloud, Xerox aims to reduce IT costs, standardize global processes, and significantly simplify its application landscape. This transformation will enable Xerox to respond faster to the growing demand for leasing offerings in the market.

The latest European Payment Study by management and technology consultancy BearingPoint reveals significant shifts in payment behavior across nine European countries. While cash usage continues to dominate transactions in German-speaking countries, it is steadily declining across the continent. In Germany, Austria, and Switzerland cash remains the most frequently used payment method, accounting for 69%, 73% and 57% of transactions, respectively. In contrast, the Nordic countries, particularly Sweden with 28% and Denmark with 35%, show significantly lower cash usage, highlighting a pronounced difference compared to other countries. Overall, the survey reveals that the frequency of cash usage has declined in almost all surveyed countries compared to the previous year.

It is essential for financial institutions to provide accurate insights that reflect business performance. Aktia, a Finnish-listed financial service company, prioritizes clear and accessible financial and environmental, social, and governance (ESG) reporting. This commitment ensures that stakeholders have the necessary information for making informed investment decisions. However, gathering data from multiple sources can be time-consuming, especially when there is a wide range of services and complex governance.

As society increasingly values sustainability, bicycle mobility is becoming a popular choice for commuting. Another driver of this development is company bike leasing, invented by the Freiburg-based company JobRad. Similar to company car leasing, company bike leasing offers tax advantages that allow employees to save up to 40 percent in cash compared to buying a new bike. With its concept, the industry leader JobRad has so far brought more than 1.5 million people onto bikes. JobRad's central leasing company is the in-house JobRad Leasing GmbH. For refinancing strategies, the company has also been relying on asset-based refinancing for some time.

Management and technology consultancy BearingPoint announces new leadership roles after Matthias Loebich’s recent appointment as Managing Partner, with two new appointments and several other executives taking on expanded responsibilities within the global Management Committee:

The partnership of the independent management and technology consultancy BearingPoint has elected Matthias Loebich to be its global Managing Partner. Matthias succeeds Kiumars Hamidian, who successfully headed the business since his appointment in 2018 and did not stand for re-election after two terms in office as planned. The new Managing Partner was elected by the BearingPoint Partners across the globe in a collaborative process based on the principle of One Partner - One Vote. The election process had been extended as Stefan Penthin decided not to take the position due to personal reasons and to continue as a Partner at BearingPoint. Matthias assumes his new role as Managing Partner with immediate effect.

The partnership of the independent management and technology consultancy BearingPoint has elected Matthias Loebich to be its global Managing Partner. Matthias succeeds Kiumars Hamidian, who successfully headed the business since his appointment in 2018 and did not stand for re-election after two terms in office as planned. The new Managing Partner was elected by the BearingPoint Partners across the globe in a collaborative process based on the principle of One Partner - One Vote. The election process had been extended as Stefan Penthin decided not to take the position due to personal reasons and to continue as a Partner at BearingPoint. Matthias assumes his new role as Managing Partner with immediate effect.

Management and technology consultancy BearingPoint announced it is now B Corp Certified, meeting one of its ambitious sustainability goals and joining a community of businesses leading a global movement for an inclusive, equitable, and regenerative economy. B Lab, the international network behind the B Corp movement, verified that BearingPoint has met high standards of social and environmental impact, made a legal commitment to stakeholder governance, and is demonstrating accountability and transparency.

Management and technology consultancy BearingPoint today announced a new partnership and close collaboration with Swish AI, the pioneering force in AI-driven IT Service Management (ITSM) solutions. This collaboration aims to revolutionize ITSM, enhancing operational efficiency and IT service performance for global enterprise through advanced artificial intelligence.

Management and technology consultancy BearingPoint today released an in-depth study on artificial intelligence (AI), emphasizing the critical need for organizations to transition into augmented organizations to stay competitive in the rapidly evolving market landscape. An augmented organization leverages artificial intelligence and other emerging technologies to enhance capabilities and operational efficiency, reinventing customer and employee experiences and, ultimately, disrupting its value chain to stay relevant in the market.

Management and technology consultancy BearingPoint announced today that it has internally promoted 19 new Partners effective July 1. BearingPoint prioritizes people development, and these appointments align with the consultancy’s plan to accelerate its growth strategy and expand its expertise and services globally. BearingPoint reported record revenue of €1.017 billion for 2023, an 18% increase from the previous year.

With a strong presence in key US markets and boasting a team of over 3,000 members, Diverzify stands for innovation in commercial flooring. Strategic initiatives and acquiring more than 16 independent flooring businesses have been central to Diverzify’s goal of revolutionizing the commercial flooring industry. The objective of its recent comprehensive digital transformation journey was to enhance the company’s existing Salesforce platform by initiating a greenfield implementation of IFS Cloud to integrate the multiple flooring brands into a singular national entity. The transformation would foster uniformity through standard procedures and processes and enable a company-wide lead-to-cash transformation.

With, as planned, the final term of its current Managing Partner coming to an end, the partnership of the independent management and technology consultancy, BearingPoint, has elected Stefan Penthin to be its next Managing Partner, effective September 1, 2024. He will succeed Kiumars Hamidian, who successfully headed the business since his appointment in 2018, and did not stand for re-election after two terms in office as planned. The new Managing Partner was elected by the BearingPoint Partners in a collaborative process based on the principle of One Partner - One Vote.

Management and technology consultancy BearingPoint has been recognized as a Major Player for ESG Program Management Services in the IDC MarketScape: Worldwide ESG Program Management Services 2023–2024 Vendor Assessment (doc # US50608423, December 2023).

Plan International Norway implements long-term development programs focusing on children’s rights and well-being. The NGO’s aid programs receive financial support from donor organizations such as Norad, which require regular reporting to ensure transparency and accountability in fund utilization.

BearingPoint, an independent management and technology consulting firm with US headquarters in Chicago, has grown its leadership team with the appointment of Davide Olivieri as Partner. In this role, Olivieri will grow the practice for the US division of the global consultancy, focusing on Data, Analytics and AI (DA&AI).

Management and technology consultancy BearingPoint’s latest study on the state of new car online sales shows that the transformation of online car sales has been profound compared to its initial study from 2021, with more than 70% of all assessed brands now allowing customers to complete the sales process online. The New Car Online Sales 2023 study assesses the current online sales performances of major original equipment manufacturers (OEMs), identifying where they need to improve and how to differentiate themselves.

BearingPoint, an independent management and technology consulting firm with US headquarters in Chicago, announces Fabrice Roche has joined its US leadership as Partner focused on digital transformation. An industry veteran, Roche joins BearingPoint with over 20 years of experience in management consulting leading complex programs and transformation initiatives for Fortune 500 companies in the US, Canada, and Europe across multiple functions and sectors, with specific knowledge of consumer products, retail, healthcare and life sciences, manufacturing, and financial services. Roche will be based out of New York, where he will support and grow BearingPoint’s client base in the Northeast.

BearingPoint’s recent study, Digital Leaders 2022, identifies the most successful digital organizations and the common characteristics which lead to their success. The management and technology consultancy found that digital-leading companies focus on the following key themes:

Management and technology consultancy BearingPoint says the top 5 technology trends for 2023 that will be transforming business are:

BearingPoint is seeing dramatic growth in its US operations that reflects its commitment to its European clients in the US market. The independent management and technology consultancy is expanding its US practice; it has grown its capabilities and teams and adds Brian Knudson to support Business Development in the US. Expanding its US practice is one of the pillars of BearingPoint’s Strategy 2025, being one of its core markets outside Europe for its European clients.

Management and technology consultancy BearingPoint has created a deep-dive study on enabling people to manage and embrace change to drive organizational success. “Powered by the people,” the second of five companion pieces to the 2021 “Can you thrive under pressure” study, analyzed over 5,000 projects to rank 150 leading resilient organizations. BearingPoint has also created a resilience benchmarking tool that enables any organization to assess its alignment with the five fundamental pillars of resilience.

A new study by management and technology consultancy BearingPoint asked passenger car owners in the major automotive markets of China, Germany, and the US about their preferences in the area of software-over-the-air functions and digital services. According to the study, 93% of car owners in the world’s largest automobile markets are interested in using and acquiring digital services through new software updates for their cars.

Children and young people oftentimes face challenging situations that may cause them distress. In order to help them manage overwhelming emotions better, Save the Children Finland created in 2004 Netari, the only national online youth club welcoming 13 to 20-year-old people to hang out, meet friends and chat with youth workers and reliable, trained volunteers.

Management and technology consultancy BearingPoint’s latest study on the state of online new car sales assesses the online sales performances of major OEMs and identifies where they need to improve to catch up with Tesla and differentiate themselves. Online shops for new cars are popping up in all major markets worldwide, and car manufacturers (OEMs) are rightly establishing digital journeys to enable new business models and the implementation of direct sales strategies.

A new study by management and technology consultancy BearingPoint on sustainable procurement shows CEOs have the opportunity to take ownership of sustainable transformation as Chief Environmental Officers, setting the vision and strategy and supporting the necessary organizational changes and providing the budgets to make it happen.

According to a new benchmark analysis by management and technology consultancy BearingPoint, when five fundamental areas are aligned, companies and public organizations thrive when faced with change, disruption and extreme events – they become resilient.

The Partners of the management and technology consultancy BearingPoint have unanimously elected Kiumars Hamidian for a second term as global Managing Partner. The new term of office begins on September 1, 2021, and covers three years. Kiumars has led BearingPoint since 2018, and under his leadership, the company has furthered its positioning as an independent management and technology consultancy with European roots and a global reach, secured sustainable growth, and established its Strategy 2025. The strategy is driven by three ambitions: putting people at the center, outperforming the market every year, and being in the top three wherever BearingPoint plays. These ambitions are based on a people-centric culture and the ability to innovate and create IP assets.

Management and technology consultancy BearingPoint today announced that it received a 2021 SAP® Pinnacle Award in the Partner Application of the Year – Industry Cloud category, which recognizes its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 28 categories were chosen based on recommendations from SAP, customer feedback and performance indicators.

Storage conditions play a vital role in the entire supply chain of pharmaceutical products and must comply with strict regulations. From manufacturers to patients, storage conditions are essential for the quality, safety, and efficacy of medications.

Climate change is increasing pressure on companies to take immediate actions to measure, manage, and report greenhouse gas emissions from their operations and value chains. In its recent client story, management and technology consultancy BearingPoint shows how it supported Wipak, a global supplier of packaging solutions and services, in taking a significant step on its journey to reducing its carbon footprint to zero by 2025 by accurately calculating its carbon emissions and gaining transparency across the entire product life-cycle process.