- Report recognizes EY global digital strategy consulting strengths
EY, a global leader in assurance, tax, transaction and advisory services, has been named as a worldwide leader in digital strategy consulting services by IDC MarketScape.
The IDC MarketScape model is based on a comprehensive evaluation framework and is a study that assesses the global capabilities and business strategies of 11 prominent digital strategy consulting suppliers, focusing on both short- and long-term digital strategy consulting services for clients.
According to the IDC MarketScape: Worldwide Digital Strategy Consulting Services 2019 Vendor Assessment¹, “EY is highly rated by clients in the areas of quality of digital strategy professionals, driving and supporting change across clients' organizations, delivering value-creating innovation, understanding clients' unique needs, and challenging clients to accept new approaches and solutions. EY was also noted by clients for a number of areas, including functional-specific and industry-specific capabilities, transferring knowledge and skills to clients, and client willingness to recommend the vendor to any company.”
The report examines digital strategy consultancy, “addressing both the enterprise ‘cost agenda’ (the need to drive efficiency, increase profitability, and reduce costs) and the ‘growth agenda’ (the need to increase revenue, strengthen cashflow, and build the organization's brand). These two types of strategic objectives are currently evenly matched in importance, according to IDC's 2019 Worldwide Global Buyer Perception of Digital Strategy Consulting Services Providers Survey.”
Richard Suhr, EY Global Digital Advisory Leader, says:
“We are delighted that the clients surveyed in the report commented on the high level of successful strategic outcomes and the multi-disciplinary approach. EY teams continue to see digital transformation as one of the most important C-suite and board agenda items. We continue to see EY clients seeking help to find diverse, experienced, technology-enabled digital leaders who can drive a mix of growth and automation outcomes for their business. Feedback from the market like this is a valuable endorsement of EY strategy that enterprise transformation is increasingly a dual speed problem, and that clients need to be able to link disruption, innovation and emerging technology to real customer and business outcomes.”
Douglas Hayward, IDC Research Director for Digital Strategy Consulting and Agency Services, says:
"Worldwide, digital strategy consulting demand continues to mature, with enterprises moving on from their initial focus -- on creating the capabilities for experimentation to happen -- to building the enterprise wide structures and the culture to allow innovation to happen at scale continuously and right across the organization.”
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. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation is available via ey.com/privacy. 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 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.