Today, Smarter Technologies Group (STG) and KPMG UK (“KPMG”) have signed a strategic alliance agreement that will enable clients to uncover new business opportunities through one of the leading asset tracking and condition monitoring technologies on the market. KPMG will have exclusive access among the big four accountancy firms in the UK to Smarter Technologies’ real-time asset tracking, monitoring, and recovery capabilities.
Through this new alliance, KPMG and STG will collaborate to capture, host, and analyse real-time big data from STG’s proprietary Orion IoT network and sensors primary data. This will provide operators and managers with on-going and up-to-the-minute data from their business.
The evidence-based insight gained will inform strategic and tactical decisions and unlock cost reduction and performance improvement opportunities not previously possible. For example, an operations manager could predict where equipment is going to be unavailable faster than ever before, to eliminate any impact on the customer.
Ian West, Head of Alliances, KPMG UK, commented, “STG’s Orion IoT network allows us to identify a host of new ways to transform our clients’ operations. We can now make data-based decisions with conviction, where in the past a lack of good quality data often held our customers back from making advances and exploring new business lines.”
Mark Read, Chief Executive at Smarter Technologies, said, “This is an important agreement for us. We’ve been working with KPMG for some time, on a range of fascinating projects where our respective expertise has made a real difference and highlighted significant savings for Defence. With this agreement in place, we can explore more opportunities to bring this expertise to bear, enabled by big data from our Orion IoT network and sensors.”