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McKinsey & Company’s New Research Shows the Metaverse Could Grow Up to $5 Trillion in Value by 2030

McKinsey & Company’s New Research Shows the Metaverse Could Grow Up to $5 Trillion in Value by 2030

NEW YORK and LONDON and PARIS, June 15 (Korea Bizwire) – McKinsey & Company released its new report “Value creation in the metaverse,” which shows the metaverse may be too big to ignore. McKinsey’s preliminary forecast shows the metaverse has the potential to grow up to $5 trillion in value by 2030. It shows e-commerce as the [...]

McKinsey & Company’s Global B2B Pulse Reveals the New Growth Equation

McKinsey & Company’s Global B2B Pulse Reveals the New Growth Equation

NEW YORK and LONDON, Feb. 23 (Korea Bizwire) – McKinsey & Company’s latest Global B2B Pulse shows that after two years of nearly nonstop business disruption, the consumerization of B2B commerce has arrived as companies flex their omnichannel muscle to move at the speed of their customers. B2B customers are adopting buying habits from the B2C space, rewarding personalization [...]

Periscope by McKinsey Named a Leader in 2021 IDC MarketScape for B2B Price Optimization and Management Applications

Periscope by McKinsey Named a Leader in 2021 IDC MarketScape for B2B Price Optimization and Management Applications

NEW YORK and LONDON, Oct. 5 (Korea Bizwire) — McKinsey & Company today announced that Periscope by McKinsey, a suite of marketing and sales analytics solutions that helps companies achieve sustainable revenue growth, has been named a leader in the 2021 IDC MarketScape: Worldwide B2B Price Optimization and Management Applications. IDC MarketScape is the IT industry’s premier [...]

McKinsey Receives Best-in-Class Distinctions in the POI 2021 Enterprise Planning Vendor Panorama Report

McKinsey Receives Best-in-Class Distinctions in the POI 2021 Enterprise Planning Vendor Panorama Report

NEW YORK and LONDON, Oct. 1 (Korea Bizwire) — McKinsey & Company today announced that Periscope by McKinsey, a suite of marketing and sales analytics solutions that helps companies achieve sustainable revenue growth, has received four Best-in-Class distinctions from the Promotion Optimization Institute (POI). The recognition appears in the POI 2021 Enterprise Planning Vendor Panorama report. It is [...]

Digital Health Study: Estonia Overtakes Denmark as European eHealth Champion

Digital Health Study: Estonia Overtakes Denmark as European eHealth Champion

BERLIN, Jan. 9 (Korea Bizwire) — Cybersecurity, interoperability, and patient empowerment are major concerns in the European healthcare industry, according to the latest “Annual European eHealth Survey 2019” which surveyed over 500 professionals in the field. The study, which was conducted by HIMSS in cooperation with the management consultancy firm McKinsey & Company, also finds [...]

McKinsey’s Competence Under Fire After Questionable Recommendations to DSME

McKinsey’s Competence Under Fire After Questionable Recommendations to DSME

SEOUL, Oct. 18 (Korea Bizwire) – Global consulting firm McKinsey & Company is again facing criticism with the disclosure that it provided business consulting services to Daewoo Shipbuilding & Marine Engineering (DSME) three years ago, advising the company to focus on its offshore plants – the very business that lead to DSME’s demise.  McKinsey is [...]

Daewoo Shipbuilding Denounces Critical McKinsey Report

Daewoo Shipbuilding Denounces Critical McKinsey Report

SEOUL, Oct. 13 (Korea Bizwire) – A recent report by McKinsey & Company that Daewoo Shipbuilding & Marine Engineering (DSME) is least likely to survive among the big three shipbuilding companies has brought about strong opposition from DSME.  DSME, Hyundai Heavy Industries, and Samsung Heavy Industries retained McKinsey as a consultant back in June, to [...]

Korean Startups Stuck in a Rut

Korean Startups Stuck in a Rut

SEOUL, Sept. 22 (Korea Bizwire) – It has been pointed out that in order to continue the growth of domestic startup businesses, the ‘exit (investment collection) market’ should be activated. Kim Ju-wan, a consulting partner at McKinsey & Company, stated that the domestic startup ecosystem has entered a typical vicious cycle, at a debate entitled ‘The [...]

Three Korean Cities Included in Top 10 Richest Cities by 2025

Three Korean Cities Included in Top 10 Richest Cities by 2025

SEOUL, June 23 (Korea Bizwire) – Among the top 10 richest cities in 2025 in terms of GDP per capita, Hwaseong (4th), Asan (5th) and Yeosu (9th) in Korean were included in a report from McKinsey & Company. Recently, CNN Money posted a story titled “These cities will be very rich in 10 years”, quoting the study conducted by [...]