COMPANIES
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PROS
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CONS
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Accenture
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Accenture is an outsourcing
company which mainly focuses on answering the challenges faced by the
businesses and their clients by implementing many new technologies. The CEO
of Accenture has become one among the top CEO’s. It has an employee count of
358,000. Accenture offers global management consulting by providing the
services that are related to the new technologies. The net income of
Accenture is over $3 billion and it has an operating income of $4.4 billion.
Accenture mainly follows five key trends namely intelligence automation,
liquid workforce, predictable disruption, digital trust and platform economy.
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Accenture has spent a lot on
Salesforce lately and this might affect the company as it would not support
any other technology apart from Salesforce. At present, Accenture’s biggest
strength is its digital transformation and Salesforce. It is also highly
impacted by the CRM platform.
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McKinsey
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McKinsey is a global consulting
firm which helps its clients to adapt to the technology changes. It helps all
the public, private and social sector institutions during the process of
adaptation. McKinsey helps its clients make a permanent and long-lasting
change to improve their performance and reach their goals. McKinsey has its
branches in over 120 cities globally with over 14,000 worldwide consultants.
It has been in the management consulting market for over 90 years now.
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McKinsey does not concentrate
more on adapting to the new technologies. It does not represent new
capabilities along with the technologies. It could not adapt to the new
technologies very easily for which it had to enhance itself to the major
extent to adapt to the new technologies only after 15 years of its
establishment. McKinsey only concentrates on marketing and recruiting and not
on adapting to the technologies.
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KPMG
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KPMG primarily focuses on the
tax, advisory and the audit services. There are over 174,000 employees
working for KPMG. KPMG is considered one of the largest auditing company in
the world as 42% of the business focuses on auditing. 37% of the business
focuses on advisory activities. And the remaining 21% is comprised to focus
on the taxes.
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KPMG mostly focuses on the
compliance and professional ethics while dealing with the clients. It doesn’t
concentrate more on implementing the new technologies regularly.
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Pricewaterhouse Coopers (PwC)
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Pricewaterhouse Coopers (PwC)
mainly concentrates on the professional services and networking. Just like
KPMG, PwC is also considered one of the largest auditing company in the
world. It has over 208,000 employees working for it who are involved in
gaining a total revenue of over $35.4 billion annually. In 2015, PwC was
voted as the best functional advisor for the business mergers in the United
Kingdom. Globally, PwC has successfully taken care of over 3,400 deals in
just 10 years by which it could gain a winning value of $389 billion. It
advices it’s both the national and regional buyers throughout the M&A
transactions. Just like Accenture, PwC recently made few acquisitions to
enhance the company’s ability to offer its users a special cloud-based
solution. PwC takes the survey related to the company’s CEO at the beginning
of every year to learn what must be enhanced. PwC mainly focuses on regional
business trades to implement the regulatory frameworks.
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PwC performs an over regulation
which might lead the company in getting affected by the threats and
cyber-attacks. This might make the business incur certain losses.
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Deloitte Consulting
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Deloitte is the largest
professional service firm with a revenue of $35.2 billion. It recruited
around 225,400 employees globally. Deloitte supports tax auditing,
consulting, enterprises risks and finance related advisory services. It has
an audit of 30% and consulting of 33% making them the largest parts of the
company. Deloitte adapted itself to the software-denied everything
methodology which mainly concentrates on enabling the advancements in the
technology and it also helps in laying the foundations for the companies to
perform the IT services.
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Deloitte also concentrates more
on the CRM, just like Accenture, but Deloitte is more focused on implementing
the customer experiences into the business.
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