What do fiber optic cable, cargo ships, water pipes, airlines, and trucks all have in common? The answer is: traffic. Each of these are vehicles that facilitate the flow of some form of traffic. Whether that traffic is data, physical goods, water, or people, they all rely on the presence of a resilient and robust infrastructure to get from point A to B.
Many of Cizmic’s target industries deal with the flow and management of these various types of traffic and as a result, all share a common set of commercial and regulatory challenges. Cizmic’s advisors have special expertise working within capital intensive industries as well as the adjacent and supporting verticals which these industries enable.
Cizmic has worked with telecommunications providers, agencies, startups, and technicians across the Caribbean and Latin America on a wide range of projects. We have helped organizations successfully navigate their digital transformation journey and guided clients on a range of critical decisions. As the industry on a whole has undergone a metamorphosis, we have been a key advisor to numerous major players in the region helping them transition from relying strictly on traditional services such as voice, SMS, roaming, etc. to adopting a more agile approach embracing new technologies in a strategic way.
In a time of growing unrest, threats of terrorism, and rising organized crime around the world the desire for physical security has grown. Governments, corporations, and home owners are turning to increasingly more sophisticated video surveillance systems to protect their assets and people. Cizmic understands the peace of mind that comes with an effectively deployed video security system and have thus helped clients with implementations in the Caribbean, US, and Latin America.
With digital transformation long underway across many sectors, the role, responsibility, and sphere of influence of IT departments has both expanded and evolved. No longer are they seen as isolated silos of experts functioning independently of their larger organizations and disconnected from broader business and sales objectives. As technology plays a more central role in the day-to-day operation of business, CIOs have to grapple not only with concerns of how to increase efficiency and reduce costs but now also how to strengthen security, support regulatory compliance, and foster innovation across the organization. Having worked with IT departments for over ten years, we have witnessed the shift in perspective and have been and continue to be a guide to CIOs looking to simplify processes and capitalize on emerging technology trends.
WASTE & WATER MANAGEMENT
Water is a finite resource that is increasingly vital to our every-day lives. Not only do we rely on it for personal consumption and to sustain our natural ecosystems, but also much of the technological products and processes we depend on (e.g. oil & gas, manufacturing, agriculture, etc.) hinge upon consistent access to clean water as well. With the world’s population estimated to balloon by 25% to 9.7 billion in 2050, governments are under pressure to prepare for a future surge in demand. As much of this growth is projected to occur disproportionately in urban areas, utilities in cities are looking to technology and digital transformation to improve their operational processes, monitor their assets/supplies, realize cost savings, capitalize on adjacent revenue generating opportunities, and strategically expand their infrastructure. With decades of experience in capital intensive industries, Cizmic’s Waste & Water consultancy helps guide clients as they address these issues of today and plan for the challenges of tomorrow.
With over 80% of global trade merchandise transported via sea, the shipping and port industry plays a crucial role in facilitating the modern economy. While the industry is known for its high fixed costs, it is also one plagued by volatility, being vulnerable to economic cycles, global trade wars, regulatory changes, and pandemic-induced supply and demand shocks. To successfully thrive in this challenging business environment, port operators need to be quick to adapt, fostering systems and infrastructure that allow them to efficiently respond to the prevailing market dynamics. Cizmic understands the operational context in which port authorities function and recognize that business strategy has to be highly customized in order to unlock value this environment. As not all ports are created equal, the appropriate strategy depends on the profile of geographic, commercial, and competitive factors which drive the port’s priorities and objectives. Having served key industry players in the Caribbean region, Cizmic has the expertise and perspective to steer port operators on track for sustained competitive advantage.
FINANCIAL SERVICES & TECHNOLOGY
The payments landscape has seen the emergence of a number of disruptive technologies over the past 7 years. Blockchain and distributed ledger technology are chief examples. While still in a dynamic state of evolution, this technology has developed to the point that its potential benefits are widely acknowledged. Benefits such as the ability to promote increased financial inclusion, reduced transaction friction, heightened trust/transparency, greater fraud detection, and lower infrastructural overhead in payments system are some of the motivation behind the wave of interest and action by financial institutions, central banks, and policymakers around the globe in recent years. Cizmic has been a trusted advisor helping corporations and governments evaluate payments innovations, pilots, and deployments within their unique markets. Our deep regional understanding, technology awareness, and data-driven advisory approach afford us the expertise to guide organizations in the Caribbean and Americas on their digital payments journeys.