BCG And Silicon Foundry’s Alliance Is Intended To Accelerate GCC Corporations Into The Digital Innovation Era

The Boston Consulting Group (BCG) today announced a new opportunity for corporations in the GCC to enhance their digital capabilities and accelerate innovation through a new partnership with Silicon Foundry, a leading corporate innovation platform in Silicon Valley, backed by Silicon Valley Bank. This new alliance has been established due to the increased demand by corporations for connectivity to Silicon Valley, which is recognized as the hub of digital disruption and innovation.

“In the new digital economy, investing in disruptive innovation can spell future success for GCC corporations looking to make their mark in the digital innovation era. Corporations have long developed an interest in creating valuable partnerships with Silicon Valley players; our alliance will enabled BCG to formalize this process and create new avenues of innovation for our clients,” said Bjoern Ewers, Partner & Managing Director at The Boston Consulting Group Middle East. “Identifying shrewd partnership decisions today can accelerate a corporation’s innovation agenda.”

In addition to enabling GCC players access to the Silicon Valley, BCG is also further strengthening its comprehensive digital offering to its clients in Middle East through an expanded Digital team, access to BCG Gamma that focuses on extracting value from big data and Artificial Intelligence, BCG Digital Ventures supporting GCC corporates to build and grow new ventures, as well as BCG Platinion ensuring a strong IT-infrastructure supporting companies.

The Silicon Foundry is best suited for large corporations looking to create a structured engagement with Silicon Valley, with clear objectives and commitment from senior leadership. It has a growing list of global members representing a wide variety of industries including banking and finance, oil & gas, telecommunications, and retail amongst a slew of others.

Corporations have an opportunity to join Silicon Foundry as members after an initial engagement curated by BCG and customized based on client priorities and needs. As members, corporations can take advantage of the continuous stream of events hosted by Silicon Foundry across the globe, exposing and integrating them with key players in Silicon Valley.