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Mark Patel

Senior Partner, Bay Area

Advises clients across sectors on IoT, analytics, and digital, with a specific focus on the industrial, high tech, and semiconductor sectors


With more than 14 years’ experience serving advanced-industrial and high-tech clients, Mark leads McKinsey’s Internet of Things (IoT) work globally and our digital business-building work for advanced industries. A passionate believer in the impact that IoT, analytics, and artificial intelligence will have on improving our lives, work, society, and health, Mark has committed his client and professional focus to these issues over the last five years.

For almost eight years, Mark was one of the lead partners in McKinsey’s Semiconductor Practice and biosystems work. Beyond McKinsey, he has had two experiences in building and leading early-stage high-tech companies. As an executive at a leading company in synthetic biology, Mark led commercial operations, strategy, and data science. Mark was also part of the early team at a venture-funded developer of application software for mobile operators.

Published work

Carbon removals at the forefront of McKinsey’s inaugural Green Business Building Summit in Stockholm,” McKinsey & Company, September 2022

Sustainability in semiconductor operations: Toward net-zero production,” McKinsey & Company, May 2022

Delivering the climate technologies needed for net zero,” McKinsey & Company, April 2022

IoT value set to accelerate through 2030: Where and how to capture it,” McKinsey & Company, November 2021

Building new businesses in industrials,” McKinsey & Company, November 2020

How the semiconductor industry can emerge stronger after the COVID-19 crisis,” McKinsey & Company, June 2020

Coronavirus: Implications for the semiconductor industry,” McKinsey & Company, April 2020

A game plan for quantum computing,” McKinsey Quarterly, February 2020

How industrial incumbents can create new businesses,” McKinsey & Company, November 2019

Radically rethink your strategy: How digital B2B ecosystems can help traditional manufacturers create and protect value,” McKinsey & Company, August 2019

Growing opportunities in the Internet of Things,” McKinsey & Company, July 2019

Unlocking value from IoT connectivity: Six considerations for choosing a provider,” McKinsey & Company, March 2018

The future of connectivity: Enabling the Internet of Things,” McKinsey & Company, November 2017

Seven rules for spinning analytics straw into golden results,” McKinsey & Company, September 2017

Taking the pulse of enterprise IoT,” McKinsey & Company, July 2017

Winning through M&A? Deal making in the semiconductor sector,” McKinsey & Company, February 2016

Internet of Things: Opportunities and challenges for semiconductor companies,” McKinsey & Company, October 2015

Making connections: An industry perspective on the Internet of Things,” McKinsey & Company, December 2014

Beyond the core: Identifying new segments for growth through value-chain partners,” McKinsey & Company, December 2014

The Internet of Things: Sizing up the opportunity,” McKinsey & Company, December 2014

Standing up to the semiconductor verification challenge,” McKinsey & Company, September 2014

Fab diagnostics: A data-driven approach to reining in the cost of indirect materials,” McKinsey & Company, September 2014

Past experience

Senior vice president of commercial operations

Ford Motor Company
Various engineering roles in manufacturing and development


Stanford University

Selwyn College, University of Cambridge
MEng; BA, manufacturing engineering