About IT Consulting Industry
IT consulting services are adopted by organizations to improve and manage their IT infrastructure. These services are aimed at gaining IT advisory and IT propositions to meet organizations' goals. The spend momentum of this industry will be attributed to the increase in the number of M&As across industries, especially in chemical and oil and gas. This results in the demand for advisory for systems integration to handle activities pertaining to accounting, resource planning, budgeting, and data warehousing.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global IT Consulting Industry. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global IT Consulting Industry, provides up-to-date information about industry shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
IT consulting services are adopted by organizations to improve and manage their IT infrastructure. These services are aimed at gaining IT advisory and IT propositions to meet organizations' goals. The spend momentum of this industry will be attributed to the increase in the number of M&As across industries, especially in chemical and oil and gas. This results in the demand for advisory for systems integration to handle activities pertaining to accounting, resource planning, budgeting, and data warehousing.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global IT Consulting Industry. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global IT Consulting Industry, provides up-to-date information about industry shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increase in the demand for customized application and implementation of ERP systems
Category management strategy
- Gaining strategic control over contracts with their suppliers
Procurement best practices
- Ensure participation and collaboration of cross-functional teams
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
PART 13: Appendix
Executive Summary
The following companies as the key suppliers in the Global IT Consulting Category - Procurement Market Intelligence Report: Deloitte Touche Tohmatsu Ltd, PricewaterhouseCoopers International Ltd, Ernst & Young LLP, International Business Machines Corp, Accenture Plc, HP Inc.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to adopt a single-sourcing model instead of sourcing from different consultants to strengthen their partnership with the selected supplier.”
According to the report, one of the key growth contributors for the global IT consulting industry is the increase in the number of M&As across industries.
Further, the report states that one of the key category management strategies for the buyers in the global IT consulting industry is to reduce their TCO by engaging with a single supplier.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Deloitte Touche Tohmatsu Ltd
- PricewaterhouseCoopers International Ltd
- Ernst & Young LLP
- International Business Machines Corp
- Accenture Plc
- HP Inc.
Methodology
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