"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
In a bid to improve the traffic connection between the European and Asian parts of Istanbul, the 5.4 km Eurasia Tunnel development was proposed. The tunnel was recently opened, reducing travel time between Kazlicesme and Goztepe from 100 minutes to 15 minutes. As part of the advisory support for the development of the tunnel, which is projected to be used by more than 100,000 vehicles per day, Arup was hired.
The Norther offshore wind farm recently achieved financial close. The €1.2 billion project, a joint venture between Mitsubishi Corporation and Eneco, is set to provide around 400,000 households across Belgium with electricity. Mott MacDonald provided lenders' technical advisory, and will continue to provide construction and operational monitoring
Cybercrime is an increasingly costly phenomenon to the world economy, estimated damages stood at more than $440 billion last year. To support companies audit their current defences, as well as become compliant with key UK and EU regulations, Grant Thornton and international law firm Lewis Silkin have partnered to launch DataCheckPoin
A recent survey commissioned by Saunders 1865 has revealed a surprising outcome, following a comprehensive survey of global brands and their post-Brexit plans to leave the UK.
Accenture has acquired Altitude, a privately held product design and innovation firm based in Boston that uses its expertise in consumer insight, design and product engineering to help companies innovate and develop new physical products and services.
In a bid to improve their hit among millennials, and bolster the internal efficiency of their recruitment process, EY and KPMG have announced a latest round of tweaks to their job application process. KPMG is shortening the recruitment process from weeks to a matter of days, while EY has removed degree classifications and changed its view on high school performance, for entry to its ranks
The CoSMo Company and BearingPoint have joined forces to provide key expertise to European utilities, which are facing increasing demand to transform their capacity to meet the changing environment. Their joint expertise lies in deriving capital expenditure (CAPEX) and operating expense (OPEX) efficiency as well as in modelling risks, as more than €85 billion in investments is required in the next 10 years.
Capgemini has developed a new initiatives to better support financial services players work together with FinTechs. The firm’s offering includes identifying strong candidates on behalf of clients, applying its expertise for due diligence, and supporting them with integrating FinTechs within their organisation and wider ecosystem.
In a bid to reduce waste in Scotland, the Zero Waste Scotland initiative was launched in 2010 – aiming for 70% recycling and a maximum 5% of waste sent to landfill. In a bid to develop infrastructure for meeting the 2025 target for the scheme, the City of Edinburgh Council and Midlothian Council launched the Zero Waste Future project. The initiative recently reached financial close – Mott MacDonald served as lenders’ technical advisor on the scheme.
Arcadis has won three framework contracts for environmental and remediation services to the Europe District of the US Army Corps of Engineers. The three-year deal is valued at $30 million.
Oliver Wyman has acquired LShift, a London-based software development company. The deal sees LShift's expertise integrated into Oliver Wyman Labs, further boosting the firm's ability to support clients leverage their data troves for actionable insights.
Capgemini has joined the Science Based Targets initiative, which was developed as part of the wider COP21 proceedings to stimulate businesses in creating plans to reduce their carbon footprint. The company will aim to further reduce its carbon footprint of 48,000 tonnes across its UK operation by 20% per employee by 2020 and 40% per employee by 2030.
Global HR consultancy Mercer has acquired Sirota Consulting, an international provider of employee engagement solutions. The acquisition bolsters Mercer’s strength and capabilities in talent management, as well as adds a range of employee engagement solutions to its portfolio. All of Sirota’s employees in four countries will make the transfer.
Booz Allen Hamilton has acquired US-based information technology services company Aquilent for $250 million. The deal adds considerable additional capacity to its technology and consultancy capabilities, particularly for US Government contracts, as well as sees the firm establish a Digital business hub at Aquilent's former headquarters.
IBM has closed the acquisition of Promontory Financial Group, whose specialists will be tasked with training the firm’s Watson cognitive computer system to automate – in so far as it is possible – the task of meeting regulatory requirements in the financial services industry.
The management consulting markets of the GCC and India have seen strong expansion last year, growing by 9% and 11% respectively.
Accenture has acquired independent U.K.-based creative agency Karmarama as consultancies and ad agencies continue to tread on each other’s turf.
More than fifteen public and private sector companies based in the Netherlands have joined forces to launch a programme that seeks to design and develop applications for blockchain technology in the logistics sector. The initiative marks, according to the founders, the first blockchain project of its scale in the logistics chain.
Nordic Actuary, a Swedish actuarial consulting firm, has joined Abelica Global as its member firm in Sweden. With the addition, Abelica Global bolsters its footprint in the Scandinavian market.
The global healthcare consulting market continues to grow, and with the importance of improving healthcare through efficiencies, innovation and the benefits it brings, is centre stage.Consultancy.uk spoke with Raj Purewal, business development and partnerships director at TRUSTECH, a healthcare consultancy established in 2001, about the unique offering that smaller consultancies can bring to the table and his take on TRUSTECH’s own success.
