A resurgent financial services sector is starting to offer some good news to the management consulting industry, according to Source's most recent report into Quarterly Trends in Consultancy Buying.
Banks are leading the recovery, with systems integrators in particular benefitting from a need to address IT issues that have been on the back-burner since Autumn of 2008. But the upturn in fortunes amongst financial services institutions comes at a time when the public sector demand for consultancy is still relatively strong - something that most analysts agree is likely to change over the next 12 months. And elsewhere the market still looks tough for consultants, with the large consultancy-buying organisations having spent on average 25% less in the first half of 2009 than they did in the second half of 2008.
Consultants wishing to obtain a copy of the report should email Olivia Hawthorn or call Olivia on 07912 516912.
Buying organisations can now contribute to the new report by completing the latest survey, which will entitle them to a free copy of the report. Please note: CONSULTANTS ARE NOT PERMITTED TO CONTRIBUTE TO THE SURVEY.