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'Outdated' Consultancy Sector Faces a Reckoning as AI Rips up the Old Model

Summary by City AM
For years, the consultancy sector has relied on a traditional model and profitable formula: retained clients, billing time and upselling clients. Another crucial element has been the blend of ‘senior counsel’ supported by a team of juniors carrying out research and compiling reports. But the rug is being pulled from under this model and a once dependable blueprint is under threat as clients rewrite their expectations while the sector faces AI di…
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Artificial intelligence could completely change the consulting industry, according to an analysis published by the Financial Times. The market has been dominated for decades by a small group of giants such as Deloitte, PwC, EY and KPMG, known as the Big Four. These are companies with hundreds of thousands of employees that rely on junior consultants for analysis, documentation, presentations and reports, that is, exactly the kind of work that ca…

·Romania
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unstore.com.np broke the news on Wednesday, May 27, 2026.
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