Consulting Firms Thrive as Businesses Embrace Generative A.I.

Consulting Demand Surge: Businesses are increasingly turning to consulting firms like Boston Consulting Group, McKinsey, and KPMG to navigate the adoption of generative A.I.
Revenue Growth: Boston Consulting Group now earns a fifth of its revenue from A.I.-related consulting, a significant increase from zero two years ago.
Consulting Firms’ Success: Companies like IBM, Accenture, and KPMG have secured substantial sales and business opportunities linked to generative A.I.

Increased Consulting Revenue: Major consulting firms have seen a substantial increase in revenue due to the growing demand for guidance on generative A.I. adoption.
Business Transformation: Companies are actively seeking ways to integrate generative A.I. into their operations, leading to significant business transformations.
Job Growth in Consulting: The rise in demand for A.I. consulting services has led to increased hiring within major consulting firms.
Market Expansion: The rapid adoption of generative A.I. is expanding the market for consulting services, with firms like IBM securing over $1 billion in sales commitments.

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