"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
Deloitte France has announced a new partnership with Dataiku, aiming at transforming the consulting field and solidifying the path to Enterprise AI for their clients.
Dataiku will initially be available to 150 French team members across different areas of consulting and auditing. Thanks to the collaborative nature of the tool, multi-disciplinary teams within Deloitte France will be able to work together using Dataiku to systematise the use of AI on client projects.
Management consultancy Deloitte Digital has announced a partnership with business software giant SAP and experience management solutions firm Qualtrics, to provide personalized customer and employee experiences at scale.
Accenture’s acquisition push continued its fevered pitch this week with two new deals. The global consulting firm is buying Hjaltelin Stahl (a Danish creative agency) and Enterprise System Partners (a Cork, Ireland-based firm), Accenture said in separate announcements.
CGI announced an all-cash tender offer of SEK 41.45 per share to acquire through its wholly owned subsidiary CGI Nordic Holdings Limited, all outstanding shares of Acando (the "Offer"). Acando's consultants combine deep technical expertise with human behavioural insights to help clients maximise the power of technology to achieve their business goals.
Meritsoft, a Dublin-based specialist financial services software company, has been acquired by Nasdaq-listed IT services group Cognizant for an undisclosed sum.
Founded by brothers Paul and Kerril Burke as Merit Software in 2000, the company is best known for its Finbos platform. This is an automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions.
Accenture and nCino have formed an alliance to help financial institutions in Asia-Pacific and EMEA to accelerate their digital transformation. The alliance will assist the institutions to implement and adopt nCino’s digital banking solution and replace their disparate legacy systems and manual functions with nCino’s Bank Operating System.
Gender equality is something that is on every company’s radar at the moment, with a lot of effort being put into trying to get to that dream 50/50 split. Management Consulting is no different, with most firms trying to look at why they aren’t attracting enough diverse talent and how to improve this.
IT’S the productivity, stupid.
That’s the underlying message from two new reports about the South African mining industry, one by consulting McKinsey & Company, the other by the Boston Consulting Group, both released to coincide with the Mining Indaba 2019.
Brent Beardsley, a former partner at Boston Consulting Group, has joined Vanguard.
“Brent Beardsley joined Vanguard at the beginning of the year to lead our Corporate Strategy department. The team is responsible for supporting Vanguard’s corporate and business line strategy, and includes Vanguard’sInnovation Studio. The previous head of Corporate Strategy was Ann Combs, who retired at the end of 2018,” Vanguard spokesperson Emily Farrell said.
Renault and Nissan will review fees paid to consultants at their alliance as part of a joint probe following former leader Carlos Ghosn’s arrest for alleged financial crimes, people familiar with the matter said.
BigChange, the mobile workforce technology company, today announced that it has gained valuable new software and consulting capabilities, as well as over 100 new customers, with the acquisition of two UK-based businesses.
Kinapse, a market leading advisory and operational solutions provider to the global life sciences industry, has joined the Pistoia Alliance, a global, not-for-profit alliance of life science companies, vendors, publishers, and academic groups that work together to lower barriers to innovation in Research and Development.
Together with financial services and technology, consulting makes up the Holy Trinity of MBA hiring industries. Year after year business school MBA employment reports place it top of the pile, often boasting that at least one in five of their students entered the industry; sometimes it’s as high as one-third.
Brian Spicker, a highly respected leader and nonprofit agency executive with a 40-year career of success in maximising community impact, driving systems change, building strong cross-sector partnerships, increasing revenue and enhancing programs and grant-making effectiveness has launched Spicker Consulting and Coaching to help nonprofits “win the race for relevancy through scaling impact.”
It should come as no surprise that management consultants who work at McKinsey, Bain and Boston Consulting Group (BCG) – the MBB firms – make more money than their counterparts at other big consulting companies. But just how much?
Accenture launched its Applied Intelligence Platform at Mobile World Congress, Barcelona, to make it easier for clients to transform the enterprise through artificial intelligence (AI). The new platform allows organisations to apply pre-configured self-learning industry solutions, as well as develop new solutions, without the need for deep data science expertise which is becoming an increasingly scarce resource.
Working in management consulting is becoming one of the most attractive fields in business. And rightly so. After all, it allows people to focus on learning multiple skills that may not be limited to one specific sector. For instance, a contemporary management consultant will have to possess knowledge of everything from accounting and finance to negotiation and human psychology. Thus, those who may want to have a broad range of opportunities in their career will usually go into management consulting.
When I kicked off the preparation for this blog, I designed the layout and had my content flow all mapped out. However, once I started researching the content, I instantly realised how intimidating all the terms, phrases and stats can be for someone not absolutely fluent in consulting or technology terms. It is for this reason that I have decided to start back with basics. Making it easy for anyone to follow and employ as the foundation for further research.
Artificial intelligence (AI) is no longer the stuff of science fiction. The technology is already disrupting multiple industries, many of which impact you on a daily basis. Own an iPhone X? Its facial recognition system is powered by AI. Ever been redirected by Google Maps because of an accident or construction ahead? You guessed it: AI.
By applying lean tools and techniques and empowering the shop floor we have seen real improvements in manufacturing performance. However, with the rise of the connected and integrated shop floor, we are now seeing a new revolution in factory productivity. Data is at the centre of that improvement, with our work with a range of companies in life sciences, automotive and consumer goods, showing that effective use of data can bring 10-15 per cent improvements in productivity.
