Press releases

Energy sector hit worst by low commodities prices Utilities by far the best performing sector US energy & resources – the only global market to achieve moderate growth Technology consulting – the largest and fastest growing service Read more

Consultants frustrated by slow pace of Modi government reforms Digitisation and a flurry of new bank permits is driving work in financial services   Read more

Financial services consulting work hits US$1bn for the first time and overtakes energy to become Australia’s biggest buyer of consulting Consulting work indicates the economy has started its transition from mining to services Public sector work up 7.5 per cent to US$786m   Read more

Two and a half times as many global consulting firm acquisitions in 2015 compared to 2014 Almost two thirds of acquisitions by U.S. based firms Technology and Big Four firms are the most prolific acquirers   Read more

Low prices are forcing consultants to shift to asset-based services Despite expanding by just 1 per cent to €1.15bn in 2015, Italy’s consulting market marginally outperformed the economy - which grew at 0.8 per cent. Read more

Dire Russian economy causes consulting market to shrink 13.7 per cent in 2015 Low oil prices, collapsing currency, and a contraction in GDP contributed to the fall off   Read more

U.S. consulting work approaches $20bn for Big Four Big Four now 65 per cent bigger than the next largest firm type The Big Four continue to dominate the U.S. consulting market – growing by 10.9 per cent to $19.6bn in 2015 - compared to the wider market growth of 7.7 per cent to almost $55bn. Read more

Presidential race to slow business activity – as elections did in the UK last year Financial services - biggest spender on U.S. consultants - but activity slows Despite the U.S. consulting market growing at a healthy 7.7 per cent to reach nearly $55bn in 2015, a new report published today expects the U.S. election season to slow down business and consulting activity – just as national elections did in the UK last year. Read more

Digital demand drives double-digit growth in tech services spending Work in tech sector continues its shift away from ERP systems With U.S. companies focused on all things digital, technology consulting was the biggest and fastest growing of all consulting services in 2015 – increasing by 10.5 per cent to $14.36bn. This growth outperformed the wider U.S. consulting market, which expanded 7.7 per cent to almost $55bn. Read more

U.S. consulting work grows the fastest in retail - up 10.5 per cent to $3.8bn Consultants increasingly help retailers move to Omni-channel The U.S. retail industry was the fastest growing sector for consulting work in 2015 - up 10.5 per cent to $3.8bn - as retailers turned to consultants to help them shift to Omni-channel in order to compete with digital disruptors such as Amazon. Read more