TechNavio today launched its report Global Business and IT Consulting Service Market 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global Business and IT Consulting Service market.
Commenting on the report, an analyst from TechNavio™s IT Services team said, Organizations are increasingly using social computing tools for recruitment and broad-based knowledge management initiatives, which is expected to result in more cost- and time-efficient collaboration across global workforces. Firms worldwide are progressively tapping into social networking sites and internet searches to screen potential talents and experienced staff, and also to carry out background checks to gain insights into the personalities and past and present activities of potential and existing employees. Using social networks as a recruitment tool is set to become a standard element of HR procedures in the future.
According to the report, global companies have to deal with issues such as expanding carbon footprints, rising energy bills, and other environmental issues, hence it is expected that green IT consulting will flourish into a lucrative business. In green IT consulting, a baseline of energy usage and carbon footprint is created, then detailed roadmaps for specific green IT initiatives such as procurement are developed, and specific technologies for virtualization are implemented.
The report also discusses that one external challenge that affects consultancy service companies is the fluctuation in currency rates, which can adversely affect revenue generation and overall profitability of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-business-and-it-consulting-service-m…
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TechNavio Announces the Publication of its Report – Global Business and IT Consulting Service Market 2011-2014
