EY named IDC Mar­ketS­cape leader in mid-mar­ket con­sult­ing

Financial Mirror (Cyprus) - - FRONT PAGE -

EY has been recog­nised as a leader in mid­dle mar­ket con­sult­ing in the first IDC Mar­ketS­cape: World­wide Mid­dle Mar­ket Busi­ness Con­sult­ing Ser­vices 2016 Ven­dor As­sess­ment.

The IDC re­port named EY as one of the lead­ing providers of con­sult­ing ser­vices to mid­dle mar­ket firms, rat­ing the as­sur­ance, tax, trans­ac­tion and ad­vi­sory ser­vices or­gan­i­sa­tion as pro­vid­ing “high-qual­ity ser­vice” and help­ing clients man­age risk.

Ac­cord­ing to the re­port, EY is con­sid­ered by mid­dle mar­ket clients to be “among the best” or­gan­i­sa­tions 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.

“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,” said An­nette Kim­mitt, EY Global Mid­dle Mar­ket Leader.

Adrian God­frey, EY Ad­vi­sory Ser­vices Mid­dle Mar­kets Leader, added:

“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.”

IDC’s Cush­ing An­der­son, Pro­gram Vice Pres­i­dent, Busi­ness Con­sult­ing Ser­vices, ex­plained: “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.”

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