We’ve once again hit the Australian quality business press with the launch of Source Global Research’s Australian Consulting Market Report.
The report, which featured in both The Australian Financial Review and The Australian (behind Paywall!), found that a strong economy, a renewed client focus on growth, and a healthy appetite for digital projects contributed towards Australia’s consulting market growing by 5.2 per cent to a value of US$4.6billion in 2016.
Using the biggest and most sophisticated model of the global consulting industry, Source found that technology consulting experienced the strongest growth in Australia, with strategy and risk work also in high demand, largely thanks to the importance of digital and transformation work.
Edward Haigh, Director at Source Global Research added:
“The broad consensus among consultants is that Australian companies are ahead of the global average in terms of their adoption of digital; behind the US, some parts of Northern Europe, and the mature Asian markets, but ahead of everywhere else. The impact of digital has also extended into consulting firms, with firms automating jobs internally and changing their approach to client issues.”