In line with its ambition to be a benchmark player on trust issues and digital transformation of companies, PwC France and Maghreb announced the launch of PwC Store, the first digital marketplace initiated 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 continues the Co-create2025 roadmap, which is in line with the global strategy, and its investments targeted at key issues and practices such as technology and ESG.
The PwC Store offers French companies the opportunity to acquire leading digital products to help them meet the key challenges and issues they face today, be it in terms of cybersecurity, risk management, compliance but also also in ESG (environmental, social and accountability management), 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 standards of digital, quality and security. Nearly ten criteria (security, data security, independence, legal, marketing, etc.) were considered and evaluated from the product design stage.
The new business model and sales channel contains the company’s capacity for innovation to integrate technology into the day-to-day service of business challenges.
Digital products available in the PwC Store include:
● Carbon Cockpit: a tracking tool to estimate the carbon footprint of IT equipment. It provides a way of controlling evolution over time of this footprint, identifying best practices within the organization and simulating the benefits by playing into the lifespan and impact of future IT equipment.
● Threat Watch: a digital platform to support companies in anticipation of the growing threats they face. These attacks often have serious consequences that can jeopardize the very sustainability of the company. In fact, according to a recent company study1, 49% of companies that have been victims of cyberattacks have seen their share price drop by an average of 18% a year after the announcement of the incident.
● Virtual Crisis Experience: a virtual crisis situation simulation experience, allowing employees to train in crisis management. As a reminder, 95% of managers want to improve their crisis management capacity (Global Crisis Survey 2021, PwC). Faced with the proliferation and sophistication of Cyber attacks, raising the awareness of employees and top management of companies is becoming essential to better predict crisis situations.
● Game of Threats: an immersive serious game that has been used by over 150 companies around the world. Its purpose is to educate management teams to inform them about cybersecurity issues and risks and enable them to focus their investments on the themes where they need it most.
● Connected Risk Engine Cyber: a cloud-based risk mapping and cybersecurity maturity assessment platform. For 55% of CEOs, cyber risk is one of the main threats to their company’s economic growth.
● FEC 4.0: a solution that tests technical accounting and tax consistency of accounting file entries (FEC). Areas at risk are thus identified, making it possible to anticipate potential inquiries from the administration.
● Process mining tool: a Mining Process technology to evaluate processes as they are actually being implemented and to quickly identify priorities for improvement, whether in terms of performance, cost reduction or control over risk.
● Source to Secure Optimizer: a tool for looking at supplier costs to identify risky purchases and quickly develop a security plan with local alternative suppliers.
Nearly a year after launching its new Co-create2025 roadmap aligned with The New Equation global strategy, PwC France and Maghreb have marked the diversification of its market positioning to build trust and innovation for sustainable results. .
Worldwide, the PwC network is investing more than $ 12 billion over the next four years in creating more than 100,000 jobs. In France and the Maghreb, nearly 200 million euros of investment is targeted at key issues and practices regarding the current environment, including technology. The firm also aims to double the workforce on data, cloud, cybersecurity and artificial intelligence issues, including those applied to the audit professions, while strengthening strategic partnerships with major global publishers. More than 700 recruitments are planned for the tech sector over the next 3 years, including nearly 200 in the coming year.
1 Study “Impact of cyber incidents on company value”. The analysis is based on a panel of 127 listed companies that were victims of a cyber incident between 2007 and 2020