Delivering Value to Clients Across Multiple Industries and Sectors

Industrialization and urbanization across the globe continue to drive the demand for energy and natural resources. Meanwhile, geopolitical issues, increasing demand for decarbonization, changing customer needs, and the persistent backdrop of digital disruption and innovation are contributing to change that industry participants cannot ignore.

Successful firms in the Industrial services and manufacturing industries are required to weather and respond to dynamic conditions relating to regulatory and safety requirements, attracting and retaining skilled labor, and the need for continuous technological innovation.

Historically, participants in these markets have dealt with intense competition, changes in consumer behavior, and changes in consumer confidence linked to disposable income levels. Recent time has added a mix of additional industry dynamics, including supply chain constraints and e-commerce cyber vulnerabilities.

The media and entertainment industry is comprised of businesses involved in creating, producing, distributing, and consuming various forms of content, such as movies, television programs, music, text and book publishing, and video games. Participants in this industry have been subject to significant disruption due to technological advancements, changing consumer behaviors, and new competitors, forcing companies to reevaluate their business models.

Similar to one of the larger markets served by EPC firms, the energy and resources industry, digital initiatives have become a focal point in driving crucial contracting risk and capital efficiency management. Government policies towards the reduction of carbon emissions and increasing renewable energy production, as well as the replacement of ageing infrastructure worldwide, are expected to present significant opportunities for industry participants moving forward.

Companies in the transportation and logistics industry face significant challenges, including withstanding intense competition, keeping pace with rapid technological developments, remaining relevant in an increasingly global market, and anticipating and adapting to regulatory changes.

The technology and telecommunications industry has been rapidly evolving and consists of companies involved in hardware, software, and telecom services. The industry supports businesses and the wider economy through the development and deployment of technologies such as AI, IoT, cloud computing, and fiber optics.

Like many of the world’s manufacturing-oriented industries, the chemicals, specialty products, and materials industries have had their recent share of exposure to volatile energy prices and other input costs. Shifting global trade patterns, strategic M&A and industry consolidation, digital technology-driven portfolio optimization, and sustainable emissions reduction performance are expected to be industry participant focus areas in the coming years.