"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
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Having built a presence in the managed services space around the world, KPMG has now also launched the business in the Netherlands. Leaders of the practice Partha Basu and Jotham Hensen spoke to Consultancy.org about the firm’s Dutch ambition, and how it adds to KPMG’s leading advisory market positioning.
Outset Medical, Inc. (Nasdaq: OM), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, announced it ranked 33 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 28th year. Outset revenue grew 5,000 percent to $103 million between 2018 and 2021.
Following the success of last year’s inaugural edition, Deloitte has confirmed it is running the next Middle East edition of its Technology FAST 50 program – with an expanded focus.
Microsoft unveiled software that will help customers track and coordinate supply-chain systems by combining data from its own programs and tools from rivals like Oracle and SAP, seeking to attract companies roiled by several years of logistical disruptions caused by the COVID-19 pandemic, the war in Ukraine and severe weather.
Bain & Company, a global management consulting firm, has been recognized as a digital “pacesetter” in ALM Intelligence’s (ALM) 2022 – 2023 report: "Digital Transformation & Digital Services." Pacesetters, according to ALM, are market leaders who effectively connect the dots between technology, process, and people, to deliver outstanding client outcomes.
The Lower Gulf business of KPMG has appointed a new Chief Executive, following a period of turmoil at the helm of the organisation. Newly installed Emilio Pera will oversee a team of around 1,800 staff across the UAE and Oman.
The adesso Group is continuing its SAP expansion in a move that sees its SAP consultancy adesso orange AG acquire the two Vienna-based SAP specialists gravity consulting gmbh and VITEC Vienna Information Technology Consulting GmbH for the Austrian market. The two new members of the adesso Group enhance the range of services offered by adesso orange Austria specifically for clients in the country’s manufacturing and insurance sectors.
Boston Consulting Group (BCG), one of the world’s leading management consulting firms, has named Nadjia Yousif to a new role as the firm’s first Chief Diversity Officer (CDO).
Wipro Limited, a technology services and consulting company, announces that it is launching a strategic cybersecurity consulting offering in Europe.
Private equity investor Amethis has promoted Toufic Khoueiry – a former consultant at Strategy& – to partner. He becomes the eleventh partner of the Paris-headquartered firm.
Estee Lauder Cos Inc (EL.N) said it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner's portfolio.
The US and Europe are still leading while new luxury markets are emerging. In 2022, the luxury market generated positive growth for 95% of brands.
The global luxury market is projected to grow by 21% in 2022, reaching €1.4 trillion; the personal luxury goods market is expected to show accelerated growth of 22% to €353 billion
The personal luxury market is projected to see further growth of at least 3-8% next year, even given a downturn in global economic conditions, and to 2030, by when the market value is expected to climb to around €540-580 billion, a rise of 60% or more compared to 2022
Generational trends are a powerful driver, with ‘Gen Y’ and ‘Gen Z’ continue leading the growth this year, and spending by Gen Z and ‘Gen Alpha’ set to grow some three times faster than for other generations until 2030, by when they will make up a third of the market
Boston Consulting Group (BCG), one of the world’s leading management consulting firms, has named David Webb the firm’s Chief Sustainability Officer (CSO).
Capgemini continues to deepen its relationship with DWP, one of the strategic accounts within its UK public sector business. It has won a contract, to deliver outcome-based DevOps Services to support the DWP electronic exchange of social security information (EESSI).
HBR Consulting (HBR), the legal industry's leading strategy, operations and technology consulting firm, is pleased to announce an agreement with private equity firm Renovus Capital (Renovus) as a strategic capital partner to acquire HBR's Advisory business, effective November 10, 2022.
Accenture (NSE: ACN) is to acquire Japanese data science company ALBERT Inc. (President and CEO: Tokyo Stock Exchange Growth Market, Securities Code: 3906), after completing a tender offer. The acquisition will add a large team of data scientists to Accenture to further strengthen its data and AI capabilities for clients.
Top five MENA target countries by deal value were UAE, Egypt, Saudi Arabia, Morocco and Oman
Domestic deals driving M&A activity in region, making up more than half of deal volume in the first nine months of 2022
Deal activity fueled by business-friendly reforms, rising oil prices and the easing of government travel restrictions
Jason Miller, an IT consulting expert based in Chicago, has joined AlixPartners as a managing director in the digital practice.
