An Overview of IT Consulting Industry

IT Consulting Industry Primer

The modern business landscape is increasingly defined by technology, driving a skyrocketing demand for specialized expertise to navigate its complexity. Enter IT consulting—a $50 billion global industry dominated by giants like Accenture, Capgemini, and Infosys. So, what do IT consultants do? They guide companies through every phase of their technological journey: advising on which solutions to adopt, implementing those solutions, and providing ongoing support. Whether it’s deploying platforms like SAP, Salesforce, or Oracle or safeguarding critical data with advanced cybersecurity solutions, IT consultants deliver the expertise needed to power and protect modern businesses.

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In this primer, we’ll dive into the role IT consultants play in helping businesses harness technology. We'll break down the types of services they offer, their partnerships with technology vendors, the landscape of IT consulting firms, how these firms are structured, how they generate revenue, and the key trends shaping the industry today.

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Course: 7 Chapters

Est. time: 45 mins

What's Covered In This Primer?

Introduction

IT Consulting

Core Consulting Activities

Market Landscape

People & Organization

Economics

Trends

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Chapter 1 Breakdown

Overview of IT Consulting

Chapter 2 Breakdown

Understanding the technology that IT Consulting focuses on

Chapter 3 Breakdown

Understanding the core activities involved in IT Consulting projects
Understanding the activities consultancies undertake relating to technology vendors

Chapter 4 Breakdown

Understanding the landscape of different IT Consulting firms

Chapter 5 Breakdown

The Key Roles
The Organization

Chapter 6 Breakdown

The Key Roles
The Organization

Chapter 7 Breakdown

What trends will impact the IT Consulting industry in the coming 3-5 years?

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IT Consulting Industry Trends

AI presents vast opportunities as a domain across the computing stack, from automating cloud infrastructure to AI-powered customer service. AI also introduces challenges, such as data privacy concerns and algorithmic bias, which require careful handling, especially in sensitive sectors like banking.

Cybersecurity

With the escalating threat of cyberattacks, cybersecurity is a top concern for businesses. The global cost of cybercrime was $6 trillion in 2021, and this figure continues to grow. As a result, cybersecurity consulting is now a critical component of almost every IT project, reflecting its importance in protecting data and systems.

ESG (Environmental, Social, and Governance)

IT is under increasing scrutiny due to the rising energy demands of infrastructure, particularly with the growth of AI. Data centers worldwide are projected to consume more electricity than Japan by 2026. IT consultancies are responding by helping clients migrate to energy-efficient cloud infrastructure and optimize software to reduce energy consumption.

How Our IT Consulting Industry Primer Can Help

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Nothing beats knowing! Our primers are concise but we never skimp on insights. Staying up-to-date on industry challenges, opportunities, and trends empowers business leaders to make informed strategic decisions and maintain a competitive edge.

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Frequently Asked Questions

What is a primer?

Think of a primer as your quick-start guide to understanding the landscape of an industry (such as Investment Banking, Renewable Energy, Retail, etc.).

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Industry information is readily available but Googling can lead you down a rabbit hole of scattered, inconsistent and text-heavy resources - leaving a fragmented picture of the industry. And this content can miss the mark: they’re either too long and full of extraneous details, making it tough for beginners to find what they need, or too short, leaving out critical detail.

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Primerli is changing this! All our primers are presented in a concise, engaging format, covering everything you need to know in binge-worthy videos.

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Primers are perfect for anyone looking to understand an industry, fast. Whether you’re a consultant preparing for a case in telecom; a salesperson hoping to make headway with a big pharmaceutical customer, or a student preparing for their first job interview, primers are the prep step that enables success.

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And for industry aficionados, our primers are split into sections so you can bypass the introductory info and stay up-to-date on trends or brush up on terminology in less than 10 minutes.

What topics does the primer cover?

Each industry primer covers the essentials: key trends, terminology, value chain, economics, and products & services. But some of our technology and functional topic primers include additional sections to make sure all the critical information is covered and each primer is comprehensive.

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