PwC France and Maghreb launch PwC Store, its digital marketplace to accelerate the digitization of companies
In line with its ambition to become the reference player on the issues of trust and digital transformation of companies, PwC France and Maghreb announce the launch of PwC Store, the first digital marketplace launched by a major consulting and auditing firm. This platform provides companies with 22 digital solutions developed by the PwC network and its partners. With this launch, the company pursues the Co-create2025 roadmap, in line with its global strategy, and its targeted investments in key issues and skills such as technology and ESG.
The PwC Store offers French companies the opportunity to acquire leading digital products to help them address the main challenges and problems they face today, both in terms of cybersecurity, risk management, compliance but also ESG (environmental, social and governance), process intelligence or procurement.
The 22 digital solutions, combined with PwC’s expertise services, are based on innovative technologies such as data, automation, no code-low code or artificial intelligence (AI). They also meet the highest digital, quality and security standards. Almost ten criteria (security, data protection, independence, legal, marketing, etc.) were therefore taken into account and evaluated right from the product design stage.
This new business model and sales channel embodies the company’s innovation ability to integrate technology into everyday business issues.
” The PwC Store exemplifies our ambition to be a people-driven and technology-backed business. It is a real pride to be the first Big 4 to provide companies with digital solutions in an innovative way to help them accelerate their digital transformation, achieve their environmental goals and improve their performance. All companies need to be supported in the face of the risks of cyber attacks and to be accompanied in the implementation of their ESG strategy. says Philippe Trouchaud, Chief Technology & Products officer of PwC France and Maghreb.
Among the digital products available on the PwC Store:
Carbon cockpit: a monitoring tool to estimate the carbon footprint of IT equipment. It provides a means to monitor the evolution of this footprint over time, identify best practices within the organization, and simulate earnings by playing on the durability and impact of future IT equipment.
ThreatWatch: a digital platform to support companies in anticipating the growing threats they face. These attacks often have serious consequences that can jeopardize the very sustainability of the company. Indeed, according to a recent study(1) company, 49% of companies affected by cyberattacks saw their share prices fall by an average of 18% in one year after the incident was announced.
Virtual Crisis Experience: a virtual simulation experience of crisis situations, which allows employees to be trained in crisis management. Recall that 95% of managers want to improve their crisis management skills (Global Crisis Survey 2021, PwC). Faced with the proliferation and sophistication of Cyber attacks, the awareness of employees and top management of companies is becoming essential to better anticipate crisis situations.
Threat Game: a serious and addicting game that has already been used by more than 150 companies around the world. Its goal is to train management teams in order to make them aware of the problems and risks of cyber security and to allow them to focus their investments on the topics where they need it most.
Cyber Connected Risk Engine: a cloud platform for risk mapping and assessing the maturity of your cybersecurity. For 55% of CEOs, cyber risk is one of the main threats to their company’s economic growth.
FEC 4.0: a solution that verifies the technical-accounting and fiscal consistency of the accounting records (FEC) file. In this way the areas at risk are identified, which allows to anticipate potential questions from the administration.
Process Extraction Tool: Process Mining technology to analyze processes as they are actually implemented and to quickly identify improvement priorities, whether in terms of performance, cost reduction or risk control.
Source to Secure Optimizer: a tool to visualize expenses by supplier to identify risky purchases and quickly build a safety plan with local alternative suppliers.
Almost a year after the launch of its new Co-create2025 roadmap aligned with The New Equation’s global strategy, PwC France and Maghreb thus mark their differentiating positioning in the market to build trust and transform for sustainable results.
” We have chosen to invest in this PwC Store to meet the high expectations of our customers who want easily activated digital solutions to address their multiple short-term challenges. says Vincent Le Bellac, Partner in charge of Customers, Markets and Innovation at PwC France and Maghreb.
Globally, the PwC network is investing over $ 12 billion over the next four years with the creation of over 100,000 jobs. In France and the Maghreb, almost 200 million euros of investments aimed at key themes and skills with respect to the current environment, including technology. The company also aims to double its workforce on data, cloud, cybersecurity and artificial intelligence issues, including those applied to the auditing professions, while strengthening strategic partnerships with leading global publishers. More than 700 hires are expected for the technology sector in the next 3 years, including nearly 200 in the next year.
(1) Study “Impact of IT incidents on company value”. The analysis is based on a panel of 127 listed companies victims of a cyber incident between 2007 and 2020