"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
Cognizant has opened a new delivery centre in Sao Paulo, Brazil. The new centre, which will be staffed from local recruitment, is aimed at further boosting the firm's presence across Latin America - as well as meet increased demand for the firm's services.
Monaco has again been named as the top city for millionaire density in the world, but London remains in the top five, according to GlobalData. Research from the company’s WealthInsight group has also revealed a decline in proportional millionaire presence in all returning members of 2017’s top 20.
Blockchain may not be a household word yet, but over the next decade its impact on businesses will rival the transformative capabilities of the Internet. The potential applications of blockchain are endless, and for retailers blockchain will be revolutionary, write Cognizant's Steven Skinner and Lata Varghese.
KPMG Australia has acquired Melbourne-based professional service group 3 Degrees Consulting. The purchase sees the Big Four firm’s Australian outfit complete its 14th deal in three years, as KPMG bids to dominate the region’s consulting industry.
Global professional services conglomerate Aon has acquired psychometric and advisory firm cut-e for an undisclosed sum. The acquisition is targeted at reinvigorating the firm’s global Talent, Rewards & Performance solution group, elevating their collective presence to more than 400 professionals, while aiming to serve an increasingly tightly-bound labour market.
KPMG has acquired FinTech and financial services matching platform Matchi. The deal, completed for an undisclosed fee, sees the Big Four consultancy and the platform cement a relationship between their two firms which has been active since 2015.
International professional services network BDO have issued a statement prompting companies to raise their game on cybersecurity in the wake of May’s worldwide ransomware attacks. The WannaCry hack was an unprecedented globally coordinated cyberattack which hit 230,000 computers in over 150 countries, including the network used by the UK’s National Health Service.
Big Four consulting firm PwC has found that despite progress in other areas, female workers remain disadvantaged, with wage disparity in the UK standing at £85 billion in lost wages. Individual women are deprived an average of £6,100 per year by gendered salaries, the group's research also confirmed.
London-based consultancy firm Egremont Group has set up an office in Chicago, its first on the ground international operation. Fifteen-year company veteran Andy Morris has been tasked with leading the firm’s US endeavours.
London-based consultancy Aecus has been acquired by The Hackett Group, a US headquartered research, benchmarking and consulting group.
Growing economic pressures are fuelling demand for UK-based independent consultants, stoking already strong growth across the top end of management consulting’s gig economy.
On Friday the 12th of May, the UK’s National Health Service was one of the most high-profile victims of a global cyber-attack, seeing Accident & Emergency among other key services crippled by WannaCry ransomware. The incident was the largest ever coordinated cyber-attack of its kind, impacting numerous organisations including several of the world’s most critical healthcare and telecommunications systems, across more than 100 countries. While further forecast attacks on Monday failed to materialise however, Big Four professional services firm EY have warned that this will not be the last time this happens unless measures are taken to learn from mistakes made this time.
Hay Castle, one of the UK's older castles, is to be revamped in a £5 million restoration project. The project will focus on restoring key parts of the keep for permanent preservation of the historic site. Mott MacDonald has been hired to provide a range of engineering and consultancy work for the project
Eight high-profile consultancy companies have been names in The Times Top 50 Employers for Women in the UK. The annual unranked selection of firms acknowledges UK employers that are seen to target gender equality within their business strategy, and seeks to highlight consistent commitment to creating inclusive workplace cultures and progressing women in the workplace, across all levels of an organisation.
Management Consultants are top of the pile when it comes to the perfect job for wannabe globe-trotters, the international employment website Indeed has revealed.
The emergence of new technologies in the regulatory space is offering financial services institutions growing possibilities to reduce costs and improve the quality of its regulatory response process, says Elmo Olieslagers, Managing Partner of Compendor.
Concerns surrounding the UK government’s search for a private consultancy firm to assist with the implementation of Brexit continued to grow last week, as the chairwoman of a spending watchdog warned taxpayers they are in danger of being short-changed by the process.
The World Economic Forum, a renowned network for global development and public-private cooperation, has admitted Sia Partners into its membership programme. The move sees Sia Partners join a select group of the most influential companies worldwide, including top consultancies such as McKinsey & Company, The Boston Consulting Group, Accenture and the Big Four.
The UK Department for International Development commissioned Ecorys to provide independent reviews and support for its five interlocking State Level Programmes in Nigeria. The reviews, throughout the processes, supported the iterative development of the programmes, and will now form a background for the DFID’s planning for the Operational Plan 2016-2020.
Accenture has acquire Belgium-based design agency Kunstmaan. The acquisition adds around 70 professionals to Accenture's growing footprint in the digital design and consultancy space in Europe. The value of the deal was not disclosed.
