According to an in-depth report by consulting firm Ayming (‘The International Innovation Barometer’), research & development teams are overwhelmingly male dominated. 83% of the respondents surveyed stated that fewer than half of those on their innovation teams are women, while a quarter said that fewer than one in ten of their R&D employees are female.
The financial services industry is undergoing a paradigm shift. Emerging technologies are providing new ways to enhance the customer experience, responding to regulatory change, underpinning new payments or digital delivery models, making service delivery faster and more cost effective, or improving the efficiency of back-office functions. A myriad of fintech solutions available, or in development, are helping to rapidly reinvent the entire value chain of financial services.
The agreement sees Netherlands-headquartered Zanders become a preferred implementation partner of MORS Software. “Through this collaboration, MORS Software and Zanders commit to providing best-in-class advisory and software implementation to clients,” explained Niklas Fellman from MORS Software.
BearingPoint, a European management and technology consulting firm with European roots, is a long standing partner of SAP. The company serves as a consulting & implementation partner for SAP products and solutions, helping its clients from strategy to implementation, including project managing ERP implementations, the delivery of roll-outs, adapting solutions and overseeing upgrade strategies.
The consulting industry of Saudi Arabia has pushed out to a worth of $1.6 billion on the back of bumper 12 percent growth in 2019 – with the Kingdom now accounting for almost half of the wider $3.6 billion market in the GCC. This is the conclusion of Source Global Research, a market research and consultant to the consulting industry itself, which measures the activity of advisory firms with a headcount of greater than 50 serving mid to large clients.
The Middle East consulting industry is staring at an 18 percent decline in 2020 revenues courtesy of the unfolding coronavirus crisis, erasing the past two years of gains. The gloomy forecast, based on early market analysis from specialist industry research and advisory firm Source Global Research, follows straight on the back of its recent GCC market report celebrating a near double-digit gain in 2019 to a worth of $3.3 billion with further acceleration expected to come.
According to GCG, the move is aimed at providing clients with regional market intelligence, thought leadership and insights into the fast evolving regional sector, helping local businesses to identify the top mega-tends in areas of mobility solutions. Currently subject to disruption due to emerging trends and technologies such as ride-sharing and electric and driverless cars, the firm believes the Middle East is showing promise in both the passenger and commercial space.
The upper end of the GCC consulting market last year grew to a worth of $3.3 billion, with growth only fractionally shy of double digits (9.9 percent). This is according to the latest data from specialist professional services sector analysis and advisory firm Source Global Research, which at the time of publication expected further region-wide growth in demand through to the end of this year – although for now the impact of the coronavirus pandemic remains unclear.
One of the world’s leading strategy and management advisories Boston Consulting Group has pulled in $8.5 billion in global revenues for 2019 – to be up by 14 percent at constant rates on the year prior. The latest figures represent a tripling in size for BCG over the past decade, with revenues in 2009 standing at just $2.75 billion. In addition, the firm has grown from a headcount of 6,900 to 21,000 over that time.
Corporations value good supply chain management because it can enhance the efficiency of the process which connects customers with products. By effectively streamlining a supply chain’s plants, warehouses, and transportation vehicles, companies can directly increase cash-flow, because the delivery of a product is in a timely manner.
An external consultant has charged Russia’s state oil company $250 million for helping secure deals in Iraqi Kurdistan. The colossal fee makes the unnamed consultant one of the largest 'dealmakers' in the Middle East and North Africa consulting market by some distance.
Strong growth by Europe’s largest consulting markets has lifted the continent’s consulting industry to a record high of $45 billion last year, with European powerhouses Germany and France leading the way. The impact of the coronavirus could undo much of that progress, however, as some forecasts suggest that $30 billion could be wiped of the value of the global consulting industry by the end of 2020.
The trio of new hubs have been launched in response to growing demand for the firm’s services in the German speaking countries of Germany, Austria and Switzerland, known as DACH. The consulting firm already had two offices in Germany, in Munich and Frankfurt am Main, with the move lifting its footprint to five in DACH and thirteen across mainland Europe and eighteen including the United Kingdom.
Commenting on the decision, Rudmer Bosga, Partner Business Manager at SAP Netherlands said: “We are very pleased with CPMview's new proposition. The country by country app is 'spot on' and an enrichment of the SAP Analytics Cloud platform.”
INFOMINEO RESOURCES
A highlight of some of our resources to expand your knowledge on Africa and the Middle East.
Outsourcing was not identified as a business strategy until 1989 and since then it has become a very common practice in many businesses. Typically, companies consider an outsourcing strategy for their support functions that are out of the company’s areas of expertise.
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INFOMINEO
Infomineo is a data and research service provider, that specializes in Africa and the Middle East, dedicated to supporting global companies in getting access to information that powers their investment decisions in the region. Through a direct presence in key markets such as the UAE, South Africa, Kenya, Egypt and Morocco, Infomineo provides a quick access to market data on key questions such as: market and product prioritization, partner identification, commercial due diligence, route to market, supply chain mapping and competitive analysis among others. Along with conductingCustom Research for clients, Infomineo also delivers an Expert Network service and a Business Translation service.
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