Jan 17, 2021

McKinsey acquires cloud consultants Candid Partners

McKinsey
Candid
Cloud
Strategy
Janet Brice
3 min
McKinsey has acquired Atlanta-based cloud consultants Candid Partners, who specialise in digital transformations for Fortune 500 companies
McKinsey has acquired Atlanta-based cloud consultants Candid Partners, who specialise in digital transformations for Fortune 500 companies...

McKinsey & Company has acquired Atlanta, Georgia-based cloud specialists Candid Partners. The move came after the two organisations worked together on a project for a large client to help them with a major cloud transformation.

Recognising the value of the relationship and synergies, McKinsey brought the entire team of more than 100 senior technical experts from Candid into the fold.

“We were immediately struck by the impressive depth and collaborative approach of the people we met at Candid Partners—and their track record of both solving complex technical challenges and delivering cloud programs for some of the world’s largest organisations,” said Steve Van Kuiken, a senior partner and global leader of McKinsey Technology.

“With Candid Partners’ people and knowledge, we will scale our technical capabilities and accelerate the rate at which we can help our clients achieve tangible business value from cloud adoption,” added Liz Hilton Segel, managing partner for North America.

Who are Candid Partners?

Candid Partners helps organisations to drive revenue, innovation, and increase profitability via the cloud. They have performed more than 250 cloud initiatives and are the only cloud firm that automates every stage of the journey. Candid was also the first US-based company to successfully migrate a mainframe to public cloud.

“As an organisation, Candid Partners applauds technical depth, creative problem solving, and a total focus on getting the job done,” explains Merrick Olives, who co-founded the firm with John Peak. “What our people value most is the opportunity to work on the most challenging technology projects out there – McKinsey can help our team realise this.

This partnership comes at a time when companies are increasingly turning to digital transformation and especially cloud for its advantages over traditional IT models in terms of flexibility, speed, resilience, and scalability – critical features for virtual working that have become more important during the pandemic. 

“We have assembled a group of very experienced people including engineers, developers, architects and agile coaches. When you have a client migrating a critical financial application into the cloud, we can bring experts to the table who’ve done this multiple times,” says Olives. “Our average technical person is 20 years into his or her career, which makes a big difference.”

Cloud opportunity for end-to-end transformations

The McKinsey-Candid Partners team will help clients with everything from initial strategy, business-case development and road mapping through to designing the architecture, migrating applications, and optimising workloads. The emphasis will be on enabling organisations to focus on innovation, speed and scale.

For example, once global travel is back on the agenda, airlines can streamline their customer experiences, manage global information networks, and route crews and aircraft more effectively. 

Healthcare systems – currently under unprecedented pressure – can rationalise complex infrastructures and deploy patient services that are more mobile and flexible. Automotive manufacturers – again hit hard due to global supply chain disruption during the pandemic – can seamlessly connect thousands of suppliers in real-time across the value chain.

“We believe the cloud holds immense potential, but most companies are only scratching the surface”, says Steve Van Kuiken. “We are going to continue to invest in this area to bring the most distinctive capabilities to our clients.” 

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Jun 18, 2021

Intelliwave SiteSense boosts APTIM material tracking

APTIM
Intelliwave
3 min
Intelliwave Technologies outlines how it provides data and visibility benefits for APTIM

“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.

We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time  spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.

Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate. 

With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.

There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.

Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture. 

It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.

Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.

On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.

As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.

A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.

 

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