Markus Lorenz is a Partner in BCG's Munich office and leads BCG's machinery and components sector worldwide. He joined BCG in 2002 and before that he built digital printing machinery for industrial uses. Markus works with leading machinery and automation players to explore opportunities of the Internet of Things. From this work he recently co-authored the publication “Industry 4.0: The Future of Productivity and Growth in Manufacturing Industries”. He studied industrial engineering at the University of Karlsruhe, holds an MBA from Vanderbilt University, and earned a PhD in Mechanical Engineering from the Technical University Munich. Markus spends his free time in the mountains and has a passion for endurance sports; he is in training for triathlons and is hence enjoying the absence of a smartphone underwater.