TechNavio today launched its report Business and IT Consulting Service Market in North America 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understand of the key trends impacting this regional market.
Commenting on the report, an analyst from TechNavio™s IT Services team said, Key innovations have been a part of the consulting landscape for some time. Innovations in the field of strategy formulation and process re-engineering have been re-energizing the market. Business analytics now appears to be the upcoming trend in the Business and IT Consulting Service market in North America according to large firms such as IBM and Deloitte. Business analytics is a range of services from descriptive analytics to predictive analytics to optimization.
According to the report, small consultancy firms provide companies with solutions that are tailor made and in accordance with requirements, unlike large consultancy firms. It has been noticed that there is a tendency of thinking on a large scale when it comes to IT consulting projects. Hence, large consultancy companies are inclined to dismiss projects that fall beneath a certain price, and when they do take on such projects, the solutions offered do not always match the clients’ priorities. Small consulting firms not only welcome such projects, but also have made it their forte to service such accounts.
The report also discusses that one of the main challenges for most consultancy firms is dealing with clients with high expectations but that lack the business foresight.
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/business-and-it-consulting-service-market-n…
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TechNavio Announces the Publication of its Report – Business and IT Consulting Service Market in North America 2011-2014
