EY named as IDC MarketScape Worldwide leader in middle market consulting
London, 8 August 2016
EY has been recognized as a leader in middle market consulting in the first IDC MarketScape: Worldwide Middle Market Business Consulting Services 2016 Vendor Assessment.1
The IDC MarketScape report names EY as one of the leading providers of consulting services to middle market firms, rating the organization most highly at providing “high-quality service” and helping clients manage risk through EY’s core consulting services provided by its Advisory practice, complemented by consulting services from other service lines.
According to the report, EY is considered by middle market clients to be “among the best” organizations for helping them identify options for growth and improve the experience of their end customers and at providing functional or technical insights, for example through the EY 7 Drivers of Growth framework and EY Growth Navigator™ diagnostic tool. In addition, EY is seen to be better than many of its peers at helping clients manage risk, transform processes and become more efficient enterprises.
The IDC MarketScape report evaluates companies based on a comprehensive framework and set of parameters that assess global business consulting service providers relative to one another. It also examines factors expected to be most conducive to success in a given market.
Annette Kimmitt, EY Global Middle Market Leader, says:
“We’re delighted to be named as a leading provider of consulting services to the middle market, which is made up of companies that form the backbone of the global economy. EY is dedicated to being by the side of these firms as they plot and embark on their growth journeys and our track record over more than 30 years means we’re uniquely placed to guide them through today’s interconnected and complex global economy.”
Adrian Godfrey, EY Advisory Services Middle Markets Leader, says:
“While all middle market companies seek growth, they face unique challenges and circumstances. What we know from years of experience advising these organizations is that the most successful ones focus on a broad set of capabilities to achieve their growth ambitions, including strategy, customer, finance, risk, talent, operations, technology and digital, among others. We’re delighted that the work we do with clients to help them in their growth journey has been recognized.”
Cushing Anderson, Program Vice President, Business Consulting Services, IDC, says:
“Direct feedback from buyers and our assessment of the market shows that EY is strong at providing industry insights and helping clients expand into new markets and geographies, all factors that we know buyers of middle market consultancy services value highly and where only a few consulting firms succeed.”
1IDC MarketScape, Worldwide Middle Market Business Consulting Services 2016 Vendor Assessment July 2016, IDC #US41184416.
Notes to Editors
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
About EY’s Middle Market practice
Through its Middle Market practice, EY brings its service offerings together to address the particular needs of organizations ranging from start-ups through to those with annual turnovers of up to US$3 billion. EY is focused on helping middle market companies accelerate growth by drawing on more than 30 years of experience working with entrepreneurs and other fast-growth businesses that has been distilled into the EY 7 Drivers of Growth framework and EY Growth NavigatorTM diagnostic tool. These provide companies with a means of assessing the maturity of their growth capabilities and developing and executing plans to accelerate growth. EY provides multidisciplinary approaches to help middle market companies deliver their growth strategies, sector-specific approaches that draw on EY's investment in industries, and access to programs and the latest thinking and trends on growth-related issues.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market.
IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.