Press releases
This area contains press releases issued by Source.
Since its launch in 2007, Source has received over 200 pieces of media coverage. See our media coverage section for further information.
Regulation drives global risk consulting to $14bn
Big Four firms now account for almost two thirds (61 per cent) of the global risk consulting market, but they must react to the cybersecurity opportunity… A new report from Source Information Services (Source) has found that the global market for risk consulting has risen by over $1bn (9 per cent) to just under $14bn in 2014. Work in financial services dominates the market, accounting for 35 per cent ($5bn). Read more |
Eastern European work for consultants rises to over €1bn despite Russian market plunging
The Eastern European consulting market grew 5.3 per cent to over €1bn in 2014, while the beleaguered Russian market plunged 12.4 per cent to €513m. These findings are published in a new report today (13th July 2015) from global consulting market analysts, Source information Services (Source). The report reveals that those markets in Eastern Europe with closer ties to Western Europe performed better than those reliant on trade with Russia. Read more |
DACH consulting market breaks €8bn barrier
A new study from Source Information Services (Source) has reported that the management consulting market in the DACH region expanded by 6.4 per cent to over €8bn in 2014. Read more |
US consulting market expands four times faster than economy
Digital hype turns to action across most sectors Financial services sector fastest growing – up 11.9 per cent to $12.4bn Big Four firms outperform the market - posting growth of 12.8 per cent to $17.5bn Risk-reward contracts are rapidly growing in popularity Read more |
Consulting at a crossroads?
A new report by consulting industry analysts Source says consulting firms may have to reinvent themselves due to changing client needs… Source Information Services (Source) has released a new report - New Business Models, in which it calls on consulting firms to adapt their structures to reflect changing needs from clients. Read more |
Digitisation fuels increased growth in €2.4bn Nordic Consulting Market
Despite facing a wide range of threats, the drive towards digitisation combined with strong growth in Sweden helped the Nordic consulting market grow by 4.7 per cent to €2.4bn in 2014. Sweden, which grew by 5.5 per cent, is the Nordics biggest consulting market at €797million. Read more |
Benelux consulting market records fastest growth for seven years – now worth more than €1.8billion
Report finds consulting market on the rebound but difficulties remain… A new study from Source Information Services (Source) has reported that despite enduring seven years of negligible growth, the Benelux consulting market finally grew more strongly in 2014, by 2.5 per cent and is now valued in excess of €1.8billion. Read more |
GCC consulting market expands by $1billion in just three years
Consulting in the GCC’s public sector outpaces overall market growth – up 19.3 per cent to $768million… The GCC consulting market grew by more than 15 per cent to $2.5billion in 2014. This means the market has expanded by more than $1billion in just three years, an amount that is roughly equivalent to that of the entire consulting markets of mature European countries like Spain and Italy. Read more |
Buoyant automotive sector drives increased use of consultants in UK’s manufacturing sector
The expansion of consulting use in the automotive sector has helped drive a 6.8 per cent growth in consulting revenues in the UK’s manufacturing sector, leading to a total consulting expenditure of £690m in 2014. Read more |
Multi-channel challenges and the threat of hard discounters sees UK retail turn to more consultants
UK retail has been one of the fastest growing sectors for management consultants, growing by almost ten per cent in 2014 to £253million… Multi-channel challenges and the threat of hard discounters has driven up the use of management consultants in UK retail. The retail sector’s increasing use of consultants was one of the fastest in 2014 - up 9.7 per cent to £253million. Read more |
Pharma takes a U-turn on using management consultants
Despite a historic reluctance by the pharmaceutical industry to use management consultants, a new report released today (11th March 2015) has found that spend on consultants in UK pharma leapt 11 per cent to £194million in 2014. This compares favourably with a 6.6 per cent average growth rate across the UK consulting sector. Read more |
IBM retains top spot in thought leadership rankings
IBM has retained top spot in the White Space Thought Leadership Rankings for the second half of 2014. Published today (10th March 2015), the White Space report also found that most of the top five consulting firms for thought leadership remained unchanged. Read more |