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A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants.Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
In May 2000, Ernst & Young was the first of those firms to fully separate its consulting practices via a sale to the French IT services company Capgemini for $11 billion, creating the new company Capgemini Ernst & Young, which was later renamed back to Capgemini. [18]
This list includes notable management consulting firms. Management consulting indicates both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement.
Consulting assists clients by providing services in the offering areas of strategy, analytics and M&A, customer and marketing, core business operations, human capital, and enterprise technology and performance. Consulting is Deloitte's largest business, bringing over 40% of total revenues in 2021. [60]
Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s. [4] The division conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in the United States.
Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting.Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. [6]
FTI Consulting (earlier Forensics Technologies International) is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States.The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications and technology. [2]
ZS Associates was founded in 1983 by Andris (Andy) Zoltners, Frederic Esser Nemmers, Distinguished Professor Emeritus of Marketing at the Kellogg School of Management, [11] and Prabhakant (Prabha) Sinha, a former associate professor of marketing at the Kellogg School of Management.
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