The dollar value in government contracts awarded to Boston Consulting Group and McKinsey doubled in 2020, with both large US management consultant firms enjoying a sharp increase in federal work during the pandemic.
Charles River Associates, a worldwide leader in providing economic, financial, and management consulting services, announced that Miguel Maal has joined as a vice president at Marakon, its management consulting practice based in New York.
Alira Health, a leading international advisory firm dedicated to advancing healthcare and life sciences, announced it has closed a $35M equity financing led by Creadev, an evergreen investment company backed by the Mulliez family.
Ankura Consulting Group, a global provider of a broad range of consulting services, announced that Patrick D. Pilch has joined the company as a Senior Managing Director
China’s market regulator, fresh from fining e-commerce giant Alibaba $2.75 billion, it warned nearly three dozen internet companies to stop using any banned practices such as forcing vendors to use their platform exclusively.
FTI Consulting, Inc. announced that it has entered into a definitive agreement to acquire The Rhodes Group, a leading construction consulting firm with offices in Pittsburgh and Houston
Consultancy Accenture has linked up with Global Ventures, the UAE venture capital firm backed by Mubadala Investment Company, to promote innovation in the region.
Hitachi, Ltd. ) announced that it will acquire GlobalLogic Inc. (President and CEO: Shashank Samant, “GlobalLogic”), a leading U.S.-headquartered digital engineering services company.
Saudi Arabia launched an ambitious 12 trillion riyal ($3.2 trillion) program on Tuesday to boost the role of the private sector in diversifying the economy, increasing resilience and supporting sustainable growth.
The increasing adoption of automation, artificial intelligence (AI), and other technologies suggests that the role of humans in the economy will shrink drastically, wiping out millions of jobs in the process. COVID-19 accelerated this effect in 2020 and will likely boost digitization, and perhaps establish it permanently, in some areas
Boston Consulting Group has further geared up its sustainability efforts with the expansion of its existing Center for Climate Action into a global BCG Center for Climate & Sustainability, bringing together more than 550 individual experts with teams stationed in offices across the world. In addition, the strategic consulting firm has been announced as the consultancy partner of this year’s 26th United Nations Climate Change Conference.
Banking giant BNP Paribas has inked a partnership with UK-headquartered management consultancy Baringa, for help with developing a comprehensive model for climate risk assessment.
The launch of the newly formed Thermal Management Solutions Group aims to take advantage of global growth opportunities in the electrified vehicles segment. Thermal Management Solutions Group provides players in the automotive landscape with powertrain thermal management systems and solutions.
Despite the pandemic, strategy firm Boston Consulting Group (BCG) saw global revenue rise by 8% (at constant rates) in 2020 to reach $8.6 billion.
Consulting firm Alvarez & Marsal (A&M) has bolstered its Middle East service offering with the launch of a transaction advisory practice.
Retail banks around the world reacted to the COVID-19 crisis with speed, dexterity, and purpose, while remaining true to their environmental, social, and corporate governance goals. Now, as the new reality starts to take shape, banks face further challenges
EY-Parthenon has added three new partners to its European Private Equity team – Georg Hochleitner, Simon Oertel, and Malvinder Singh
Global solution provider Accenture Wednesday unveiled the acquisition of Core Compete, a developer of cloud analytics and cloud-native artificial intelligence technologies.
The first three months of 2021 saw three billion-dollar-plus acquisitions in hardware, software, and services, and plenty of other merger activity in professional services.
Global strategy consulting firm Oliver Wyman has welcomed two new partners to its leadership team in Paris.