Analyst relations

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Featured analyst relations press releases

IDC MarketScape report names EY a leader in digital strategy consulting services

LONDON, 1 AUGUST 2019. 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.

1 Aug 2019 London GB

IDC MarketScape names EY a leader for business consulting services

LONDON, 29 APRIL 2019. EY has 2 been recognized as a leader for business consulting services in all geographies by the IDC MarketScape: Business Consulting Services 2019 Vendor Assessment.

29 Apr 2019 London GB

ALM Intelligence names EY a top market leader in supply chain management consulting

LONDON, 8 APRIL 2019. EY has been recognized as a leader for supply chain management consulting by ALM Intelligence in its 2019 report, The ALM Vanguard: Supply Chain Planning Consulting

8 Apr 2019 London GB

EY named a leader in global digital business transformation report by independent research firm

LONDON, 26 MARCH 2019. EY has been recognized by Forrester Research as a leader in The Forrester Wave™: Global Digital Business Transformation Accelerators, Q1 2019.

26 Mar 2019 London GB

EY named a “Visionary” in Magic Quadrant for CRM and Customer Experience Implementation Services, Worldwide, by Gartner

LONDON, 27 FEBRUARY 2019. EY today announced that Gartner, Inc., named EY a “Visionary” in its Magic Quadrant for Customer Relationship Management (CRM) and Customer Experience (CX) Implementation Services, Worldwide.

27 Feb 2019 London GB

Analyst report archive

November

EY Flexes Its Blockchain Muscles In China

EY's Asia Pacific Blockchain Summit took place for the second time in Shanghai on November 6. It was an opportunity for EY to showcase its most recent blockchain projects happening around the globe, as proofs of concept or in production. Here are my key observations from this event.

EY Is Betting On Public Blockchain For Enterprise Usage

As Forrester put it in our 2020 blockchain predictions, executive teams will be drawn into a permissioned versus public network debate¹. During the event, Paul Brody, EY global blockchain leader, stressed that, in his opinion, enterprise blockchain deployments would shift from permissioned to public in the future. To support this, EY is experimenting with a new set of open-sourced protocols dubbed “Nightfall” that leverages zero-knowledge proofs (ZKPs) to protect the privacy of transactions on the blockchain while enabling information sharing between blockchain participants². Nightfall and all EY blockchain projects are running on Ops Chain, a homegrown enterprise-focused version of Ethereum with additional permissioned blockchain services. With Nightfall, Ops Chain aims to solve many of the common public chain issues for enterprise usage such as scalability, throughput, data privacy, and compliance. I anticipate that its adoption will take some time to scale globally, but in China, where the regulations on business governance are more relaxed than the West, the adoption is likely to be accelerated, especially given the recent unequivocal government support³.

Governments And The State-Owned-Enterprises (SOEs) Are Likely To Lead Blockchain Adoption In China

Warren Wang, blockchain leader for EY China, presented two blockchain projects running on Ops Chain at the summit, both of them realized in cooperation with local governments or SOEs. The first one enables intercompany transactions for State Grid Zhejiang (an SOE); the second one is a digital ecosystem for Shanghai’s customs-free trade zone. Large and powerful organizations like State Grid and China Customs will undoubtedly play a big role in driving and empowering blockchain development in China. These two projects have made some progress recently through the partnership and are also aligned with the recent blockchain call made by President Xi. In particular, firms from different industries show increasing interests and enthusiasm to participate in the China Customs project. State Grid has also set up a blockchain subsidiary to accelerate and scale up all blockchain projects that involve their subsidiaries, like State Grid Zhejiang (an SOE); the second one is a digital ecosystem for Shanghai’s customs-free trade zone. Large and powerful organizations like State Grid and China Customs will undoubtedly play a big role in driving and empowering blockchain development in China. These two projects have made some progress recently through the partnership and are also aligned with the recent blockchain call made by President Xi. In particular, firms from different industries show increasing interests and enthusiasm to participate in the China Customs project. State Grid has also set up a blockchain subsidiary to accelerate and scale up all blockchain projects that involve their subsidiaries, like State Grid Zhejiang.

¹ Executive teams will be drawn into a permissioned versus public network debate. See the “Predictions 2020: Distributed Ledger Technology” Forrester report.

² Source: Chaitanya Konda, “Introduction to EY Nightfall — How does it make token transactions private?” Medium, June 10, 2019. For more information, visit here.

³ More relaxed business governance in Asia Pacific, especially China, will hasten adoption. See the “Predictions 2019: Distributed Ledger Technology” Forrester report.

For more, please read on Forrester.com – link below.

Source: EY Flexes Its Blockchain Muscles In China, Forrester.com (published: November, 2019); Authors: Meng Liu, Charlie Dai, Frederic Giron

Read on Forrester.com

October

EY positioned a leader in the IDC MarketScape: Worldwide Change Consulting Services Vendor Assessment 2019.

We are delighted to announce that EY has been positioned a leader in the IDC MarketScape Worldwide Change Consulting Services Vendor Assessment.According to the report, EY is seen to excel at its ability to help clients with their employee management through training initiatives, offer high-quality staff, and at continually refreshing and deepening its change consultants' skills to keep up with changing issues, approaches, and insights.

Source: IDC MarketScape: Worldwide Change Consulting Services 2019 Vendor Assessment. Gard Little & Bjoern Stengel, October 2019, IDC #US43248119e

Read on IDC.com

EY ranked a leader in The Forrester Wave for Cybersecurity Consulting Services In Asia Pacific

We are proud to be positioned as a leader in Cybersecurity Consulting Services by Forrester in their recent report, ‘The Forrester Wave™: Cybersecurity Consulting Services In Asia Pacific, Q4 2019’. EY was one of the first providers to add trust-based, purpose-driven conversations to its go-to-market formula to help clients. According to Forrester, under new global leadership, EY is evolving its offerings in AP to tighten its industry alignment, infuse cybersecurity into all of its offerings, and increase automation.

Source: The Forrester Wave™: Cybersecurity Consulting Services In Asia Pacific, Q4 2019

Read on Forrester.com

September

EY is named a leader in The Forrester Wave for Robotic Process Automation Services

We are proud to be positioned as a leader in Robotic Process Automation Services by Forrester in their recent report, ‘The Forrester Wave™: Robotic Process Automation Services, Q4 2019’. According to Forrester, EY has one of the strongest innovation roadmaps, including internally funded tools and tools codeveloped with firms in its alliance ecosystem such as UiPath, Microsoft, Blue Prism, and SAP. EY's strengths lie in ideation, process assessment (using its EYSight toolkit), opportunity discovery, and analytics.

Source: The Forrester Wave™: Robotic Process Automation Services, Q4 2019

Read on Forrester.com

August

EY positioned as Leader in Business Strategy & Planning Consulting by ALM Intelligence

We are proud to be positioned as a leader in Business Strategy & Planning Consulting by ALM Intelligence in their recent report, ‘The ALM Vanguard: Business Strategy & Planning Consulting’.

According to ALM Intelligence, "As a newcomer to the leaderboard, EY embraces the need to marry near-term and long-term planning anchored in a well-articulated purpose and distinctive point of view on how to judge the drivers of long-term value. The firm leans heavily on asset-based delivery to accelerate engagements and facilitate the linkage of strategy to broader operating model and infrastructure initiatives."

Source: The ALM Vanguard: Business Strategy & Planning Consulting 2019

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July 

EY positioned as Leader in Production Operations Consulting by ALM Intelligence

We are delighted to announce that EY has been positioned a leader in Production Operations Consulting by ALM Intelligence in their recent report, ‘The ALM Vanguard: Production Operations Consulting’.

Source: The ALM Vanguard: Production Operations Consulting 2019

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June 

EY positioned a leader in the IDC MarketScape: Worldwide Digital Strategy Consulting Services Vendor Assessment 2019.

We are pleased to announce that EY has been positioned a leader in the IDC MarketScape Digital Strategy Consulting Services 2019 Vendor Assessment.

According to the report, "EY was rated highly 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".

Source: IDC MarketScape: Worldwide Digital Strategy Consulting Services 2019 Vendor Assessment. Douglas Hayward, June 2019, IDC #US43700818

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May

In its Third Annual Blockchain Summit, EY calls this ‘YEAR 0’ for Blockchain

The third annual EY Global Blockchain Summit gave an indication of the rapid acceleration in adoption that had EY describing this as “Year 0.”

EY hosted TBR and several other attendees in executive‐level discussions, client briefings over a 28-breakout session organized in four tracks consisting of blockchain business applications, blockchain assurance, tax & compliance implications; financial services and the token economy and blockchain technology.

This special report summarizes how blockchain appears poised to deliver on its anticipated promises to transform business interactions and greatly reduce operating expenses while creating new business services networks.

Source: TBR Special Report "In its Third Annual Blockchain Summit, EY calls this ‘YEAR 0’ for Blockchain", Geoff Woollacott, Patrick Heffernan

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ALM Intelligence positions EY as a leader in 'The ALM Vanguard: Product Development Operations'

We are proud to be positioned as a leader for Product Development Operations by ALM Intelligence. EY was cited for our strengths in Operating Systems, highlighting our ability to excel in covering both technical skills and client ownership in an integrated way. EY were also called out for our unique ability to 'link PLM/PDM enablement with supply chain strategy'.

Source: The ALM Vanguard: Product Development Operations Consulting 2019 (May, 2019) Nathan Simon

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April

EY positioned a leader in the IDC MarketScape: Americas Business Consulting Services 2019 Vendor Assessment

We are delighted to announce that EY has been recognised as leader in the IDC MarketScape Americas Business Consulting Services 2019 Vendor Assessment.

According to the IDC MarketScape, "Among buyers in the Americas, EY is perceived to be better than many of its peers at helping clients develop digital products or services and to help clients improve their talent performance, retention and engagement".

Source: IDC MarketScape: Americas Business Consulting Services 2019 Vendor Assessment (Gard Little) #US44339219

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EY positioned a leader in the IDC MarketScape: Worldwide Business Consulting Services 2019 Vendor Assessment

We are pleased to announce that EY has been positioned a leader in the IDC MarketScape Worldwide Business Consulting Services 2019 Vendor Assessment.

According to the report, "Among buyers worldwide, EY is perceived to do very well at helping clients increase productivity and improving clients' talent performance, retention and engagement".

Source: IDC MarketScape: Worldwide Business Consulting Services 2019 Vendor Assessment (Gard Little) #US44339119

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March

EY is named a leader in the Forrester Wave for Global Digital Business Transformation Accelerators

We are proud to announce that EY has been positioned as a leader in Global Digital Business Transformation Accelerators by Forrester Research in their report 'The Forrester Wave: Global Digital Business Transformation Accelerators, Q1 2019'. According to Forrester, EY stands out as a business innovator as its innovation around customer outcomes is a core part of EY's transformation approach. EY also stands out because of its integrated transformation capabilities and ability to bring a customer insights-driven strategy to its clients.

Source: The Forrester Wave: Global Digital Business Transformation Accelerators, Q1 2019 -The 15 providers that matter most and how they stack up' (March, 2019)

Read on Forrester.com

 

February

Gartner positions EY as a 'Leader' in the Magic Quadrant for Data and Analytics Service Providers, Worldwide 2019.

We a proud to be positioned as a leader by Gartner for Data and Analytics Service Providers, Worldwide. EY believes Gartner's Data and Analytics Magic Quadrant really highlights our strengths in our ability to invest in talent, managed services and geographies. As well as having trusted data for customers and co-developing industry assets with customers.

Source: Gartner Inc., Magic Quadrant for Data and Analytics Service Providers, Worldwide, Jorgen Heizenberg, Twiggy Lo, Ehtisham Zaidi, Shubhangi Vashisth, Gareth Herschel, 12 February 2019
Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Read on Gartner.com

 

January

EY positioned as leader in "The ALM Vanguard: Supply Chain Planning Consulting"

We are delighted to announce that we have been positioned as a leader in Supply Chain Planning Consulting by ALM Intelligence. The ALM Vanguard report calls out EY's Supply Chain Reinvention model, stating it offers a successful and consistent framework for achieving both in-and cros-function operational excellence.

Source: The ALM Vanguard: Supply Chain Planning 2019 (January 2019), Naima Hoque Essing

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November

EY named a leader in Capital Projects & Infrastructure Consulting in the "ALM Vanguard: Capital Projects & Infrastructure Consulting" report.

We are proud to be named a leader by ALM in its "ALM Vanguard: Capital Projects & Infrastructure Consulting" report. EY was called out for bringing its strong project and complexity management credentials to capital projects. EY was also recognised for bringing together a "potent mix of well- established capital projects consulting" including "project management, finance strategy, tax, GRC, technology & digital operations consulting and industry expertise".

Source: The ALM Vanguard: Capital Projects & Infrastructure Consulting (November 2018) Tomek Jankowski

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ALM Intelligence names EY a leader in Corporate Services Consulting in the ALM Vanguard: Corporate Services Consulting 2018

We are pleased to be recognised by ALM Intelligence as a leader in Corporate Services Consulting in “The ALM Vanguard: Corporate Services Consulting”, part of ALM’s Operating Model Consulting research series. According to the ALM Vanguard report, EY advances its leadership position by adding momentum to a core value proposition that leverages the back office for enterprise digital transformation. It also revealed that “Clients cite EY’s modular approach, depth of process, function, and sourcing expertise, and ability to integrate appropriate analytics into engagements as particular sources of strength”.

Source: The ALM Vanguard: Corporate Services Consulting 2018 (November 2018) Liz Devito

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HFS ranked EY as #1 in "HFS Top 10 RPA Service Providers 2018"

We are proud to be ranked #1 by HFS in its "HFS Top 10 RPA Service Providers 2018" report. EY was called out for its holistic approach to automation, recognized for developing use cases that demonstrate our focus on the industrialization of enterprise RPA; our change management expertise and the fact that we highly leverage RPA internally to inform client engagements. Finally, the fact that we are technology agnostic but have broad experience across third-party tools and a strong vision for our R&D were all driving factors contributing to our number 1 placement.

Source: "HFS Top 10 RPA Service Providers 2018” (October 2018)

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August

EY showcases the difference between doing digital and being digital

EY recently held its Technology Analyst Summit in Toronto to provide some detail on its digital strategy and transformation capabilities, which are increasingly used internally as well as externally. 451’s report writes how the summit demonstrated how “EY Advisory is rapidly evolving its digital transformation capabilities in terms of building out product engineering and global service delivery to support the assets it is developing”.

Source: 451 Research “EY showcases the difference between doing digital and being digital"

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EY's 2018 Technology Analyst Summit

EY hosted its Technology Summit at one of its flagship wavespace innovation centers in Toronto, Canada in 2018. The event provided industry analysts with an update on EY’s vision, strategy and digital capabilities. This IDC Market Perspective summarizes IDC analyst's views of EY’s 2018 Technology Analyst Summit. IDC’s report writes how the summit highlighted how “EY's focus on industrialized platforms and client-facing tools is bang on the target; there's no other way to provide innovation at the speed and the cost that clients expect today”.

Source: “EY 2018 Technology Analyst Summit Showcases Progress in Leveraging Digital Technologies to Achieve Business Benefits” IDC #US44209818

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Hustlers, hackers and heroes: EY’s technology consultants of a transformative age

At the EY Toronto wavespace™, EY hosted TBR and around 30 analysts for two days of executive‐level discussions, client briefings, and product and solution demonstrations by EY technology consulting professionals. In this report, TBR details how “EY consistently puts forward a practical, get-it-done message, reinforcing that the firm knows its clients’ business, knows technology, and can deliver immediate value beyond strategy and even beyond consulting”.

Source: TBR Report "Hustlers, hackers and heroes: EY’s technology consultants of a transformative age", Patrick M. Heffernan, Geoff Woollacott, Jen Hamel

Read on TBRI.com

 

EY Outlines Strategic Initiative at Technology Summit

EY hosted its 2018 Technology Summit at one of its flagship wavespace innovation centers in Toronto, Canada to update industry analysts on recent strategic initiatives undertaken by EY’s technology consulting practice. ALM discusses in their report how the summit “highlighted how EY is adapting to a discernible trend change in client expectations for consultants to not only arrive with formed or semi-formed ideas and solutions that solve their commercial and operational problems but also to be able to collaborate with them in co-creating and activating solutions that result in measurable positive outcomes”.

Source: ALM Consulting Magazine "EY Outlines Strategic Initiative at Technology Summit" , Naima Hoque Essing

Read on consultingmag.com

 

July

EY Advisory continues to strengthen its technology capabilities

At a Technology Analyst Summit held in Toronto, in one of the wavespace™ innovation hubs, EY provided an update on their technology vision, strategy and digital capabilities, including a range of actual customer engagements. PAC note in their blog post that EY is a strong contender in the market for digital transformation advisory: “Coming from a mainly management consulting background, EY has made significant progress in boosting its IT capabilities”.

Source: PAC Blog “EY Advisory continues to strengthen its technology capabilities”, Katharina Grimme

Read on sitsi.com

 

EY, SAP and Microsoft: A powerful triad for the Business of One era

EY has been investing heavily in partnerships and in automating our IP in ways that radically reduce ‘run the business’ IT costs while continuing to excel at ‘transform the business’ advisory engagements. TBR’s report on EY, details how we have deepened partnerships with technology providers such as SAP and Microsoft. In this way, EY can pull SAP and Microsoft into accounts where they have previously not had much visibility: “…these three working together in major accounts will give many of their competitors pause”.

Source: TBR Blog “EY, SAP and Microsoft: A powerful triad for the Business of One era”, Geoff Woollacott

Read on TBRI.com

 

April

HfS positions EY as a Leader in their Blueprint Report on Internet of Things Services 2018

We are proud to be positioned as a leader in the HfS Blueprint Report: Internet of Things Services 2018 (April 2018).

Our IoT platform, accelerates speed-to-insights by operationalizing analytics quickly and cost effectively on an analytics-as-a-service platform. By adding our capabilities around the behavioural aspects of analytics, it delivers scope and scale of analytics to clients.

Source: HFS Blue print report "Internet of Things Services 2018", Pareekh Jain, Jim Eastlake (April 2018)

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EY wavespace combines the art of the possible with the realities of corporate life

EY wavespace is a global network of growth and innovation centers designed to help businesses navigate ‘the Transformative Age.’ By combining the experience of our global tax, accounting, advisory and transactions professionals with startup and disruptive innovation thinking, we are positioning ourselves for the digital future.

451 Research’s report on EY’s wavespace network notes how EY’s approach to digital business creates a more industrialized and enterprise-friendly digital capability that connects with our deep sector knowledge, regulatory and compliance experience.

Source: 451 Research article “EY wavespace combines the art of the possible with the realities of corporate life”, Katy Ring (April, 2018)

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March

HfS positions EY as a High Performer in their Blueprint Report on Artificial Intelligence Services 2018

We are proud to named by HfS as a High Performer in its Artificial Intelligence Services Blueprint Grid (March 2018).

We have developed a strong reputation for driving RPA deployments with a transformational and end-to-end point of view. It has an alignment with the OneOffice concept by its partnership with TrustPortal and by leveraging a broad set of cognitive tools such as ABBYY and Arago’s Hiro for parsing, Workfusion and Azure Machine Learning Studio for machine learning, and big beasts like Watson for a broad set of services including virtual agents and chatbots.

Source: HfS Blueprint Report "Artificial Intelligence (AI) Services 2018 ", Tom Reuner (March 2018)

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February

Gartner positions EY as a ‘Leader’ in the Magic Quadrant for Data and Analytics Service Providers, Worldwide

Gartner Inc., Magic Quadrant for Data and Analytics Service Providers, Worldwide, Jorgen Heizenberg, Neil Chandler, Twiggy Lo, 28 February 2018.

Source: Gartner Inc., Magic Quadrant for Data and Analytics Service Providers, Worldwide, Jorgen Heizenberg, Neil Chandler, Twiggy Lo, 28 February 2018
Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Read on Gartner.com

The Team

For inquiries about our global organization, please contact a member of our global AR team.

Alexia O'Sullivan
London, UK
+44 (0) 20 7980 0533

Amy Gnadinger
Stamford, Connecticut
+1 203 674 3318

Suzannah Archibald
London, UK
+44 20 7197 0996

Aleksandra Adamczyk
Wroclaw, Poland
+48 71 714 91 90

Riya Kurian
Kerala, India
+91 484 6670808, Ext: 70469