Press Room

New York, NY – March 30, 2018 – ALM Intelligence – Consulting division, previously known as Kennedy Consulting, has released its 2018 ratings of Product Development consulting providers. Six firms were identified as leaders in the consulting industry: The Boston Consulting Group (BCG), Deloitte, McKinsey & Company, PA Consulting, Porsche Consulting (rated as a leader for the first time), and PwC.

“The tide is turning in the market for product development consulting. In previous years, the dominant trend was the steady transfer of lean cost improvement programs from manufacturing to Research & Development functions,” said Nathan Simon, Senior Director of Research at ALM Intelligence. “This trend is being overtaken by companies’ shift from product-focused to relationship-based business models that compete on personalized and digitally-enabled experiences. This shift is fundamentally changing the nature of R&D and resetting the bar for consulting capabilities.”

Providers that attained challenger status include: A.T. Kearney, Bain & Company, Capgemini, EFESO, EY, and Oliver Wyman. Other firms that were rated include: Accenture, the Adept Group, AlixPartners, Argon Consulting, h&z Consulting, IBM, KPMG, L.E.K., Product Development Consulting, Roland Berger, strategy2market, and TBM Consulting.

ALM’s Vanguard research series assesses firms in terms of their relative ability to create impact for their clients. In addition to its overall rating assessments of consulting providers’ depth and breadth of capabilities and best-in-class provider designations, this series includes detailed capability evaluations for each covered provider as well as a qualitative analysis of their consulting organization, approach, and service delivery model.

For more information or to obtain the full version of The ALM Vanguard: Product Development Consulting, visit the ALM Intelligence website: www.alm.com/intelligence/consulting-industry

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