New research focuses on industry's emerging opportunities and growing reliance on advisory services to introduce and implement new technologies
KEENE, N.H.--(BUSINESS WIRE)--Kennedy Consulting Research & Advisory, the leader in market analysis on the consulting profession, announces the publication of a new research report, Life Sciences Industry Consulting: Key Technology Initiatives.
In the global life sciences industry today, new growth opportunities require combining new and multi-channel sources to inform strategic complying with evermore regulations create significant industry challenges.
As a result, specialized technology advisory and implementation offerings are evolving to help life sciences consulting clients capitalize on emerging opportunities, especially those enabled by mobile, cloud, social media and analytics for revenue-adding and cost-saving prospects.
With these and other factors in mind, Kennedy’s new research details key capabilities among top consulting firms serving the Life Sciences healthcare sector — and explores how consulting spend linked to business performance improvements in this industry increasingly depends on applying technologies for strategic and operating transformation.
"Kennedy believes that spending on consulting to the life sciences will remain strong throughout the 2013-2017 forecast period as third-party advisors guide these rapidly transforming organizations through a period of fundamental innovation," writes Liz Leonard, Associate Director, Lead for Kennedy’s Healthcare Consulting Research. "Both technology-driven and broader healthcare ecosystem momentum dynamics, particularly for value-centric evidence and cost containment, drive changes that necessitate operating technology expertise in areas beyond those of a traditional life sciences focus."
The Kennedy Vanguard™ of Life Science Consulting Providers, a qualitative assessment featured in Life Sciences Industry Consulting: Key Technology Initiatives has identified three firms that demonstrate market-leading depth in particular capabilities and/or meaningful breadth across a broad spectrum of capabilities. They are PwC, Deloitte, and Accenture.
Organizing providers of life sciences consulting into four primary market segments (IT strategy, BI/analytics, business IT integration and operations technology), the report features profiles of 21 leading life sciences consulting providers and includes key service strengths and weaknesses, life sciences subsector areas of focus, and revenue by geography.
Also featured are capability maps illustrating each life science practice’s standing with respect to: Technology-Informed Life Sciences Strategy, Technology-Enhanced Life Sciences Operations, Life Sciences Technologies Talent Management, Life Sciences IT Consulting, Life Sciences Information Security & Privacy, Life Sciences Data and Information Management, Life Sciences Financial Technologies Advisory, Life Sciences Supply Chain Technologies, Life Sciences Manufacturing Technologies, Life Sciences Regulatory Compliance Technologies, Life Sciences R&D Technologies and Life Sciences Commercial Technologies.
The life sciences consulting firms profiled in the report are: Accenture, Booz Allen Hamilton, The Boston Consulting Group, Capgemini, Clarkston Consulting, Cognizant, CSC, Deloitte, EY, Huron Consulting, IBM, Infosys, KPMG, McKinsey & Company, Navigant, Protiviti, PwC, TCS, Tessella, Wipro and ZS Associates.
About Kennedy Consulting Research & Advisory
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Founded in 1970, Kennedy Consulting Research & Advisory provides accurate and reliable market sizing and forecasts on consulting services world-wide, needs-analysis and vendor profiling for buyers of consulting services, timely and insightful intelligence on the top consulting firms in their respective markets, and operational benchmarks that measure consulting performance.
Kennedy's research spans multiple service areas, client vertical industries, and geographies. Our analysts provide expert commentary at consulting industry events world-wide, and offer custom research for Management Consulting and IT Services firms.
Kennedy's advisory services provide results-oriented strategic guidance to buyers and sellers of consulting services.
Our clientele consists of Fortune 500 companies and the most highly regarded professional services firms in the world.