Ernst & Young LLP named a leader in business consulting services

EY firm rated high in delivering value-creating innovation, managing risk, and identifying and implementing options for growth

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Jul 09, 2014, 12:53 ET

NEW YORK, July 9, 2014 /PRNewswire/ -- Ernst & Young LLP announced today that it was recognized as a leader in the IDC MarketScape: Americas Business Consulting Services 2014 Vendor Assessment (doc #246639, February 2014). According to IDC, the firm is seen as most capable of all firms at integrating appropriate analytics into an engagement and at maximizing the value of a project.

"We are honored to be named a leader in business advisory services and to be viewed as among the most capable at delivering value-creating innovation and driving innovation through an organization," said Bob Patton, Americas Advisory Vice Chair for the global Ernst & Young organization. "EY is taking a thoughtful, aggressive approach to enhancing our client delivery capabilities, through strategic investments, enhanced global alignment and the establishment of centers of excellence in regions around specific services."

"EY is considered to be better than many of its peers in the Americas at delivering value creating innovation," said Cushing Anderson, Vice President, Business Consulting Services, IDC. "In addition, EY is seen as better than many of its peers at helping clients manage risk, identify and implement options for growth, expand into new markets or geographies, and comply with new or existing regulations. EY is also perceived to be better than many of its peers at integrating risk awareness and solutions within other consulting engagements."

The IDC MarketScape report also noted global EY organization's emphasis on delivering through sectors and its deep investment in sector-specific process and risk models to deliver sector-specific value propositions. EY's 14 global industry centers of excellence -- including centers for supply chain, customer, finance transformation, risk transformation, IT transformation, and information security -- further industry service development. According to the report, EY is well regarded worldwide by clients for providing "excellent services."

To read the report, please go to: http://www.ey.com/GL/en/Newsroom/Analyst-Relations.

About IDC MarketScape

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.

About EY's Advisory Services

Improving business performance while managing risk is an increasingly complex business challenge. Whether your focus is on broad business transformation or more specifically on achieving growth, optimizing or protecting your business having the right advisors on your side can make all the difference. Our 30,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and exceptional client service. We use proven, integrated methodologies to help you solve your most challenging business problems, deliver a strong performance in complex market conditions and build sustainable stakeholder confidence for the longer term. We understand that you need services that are adapted to your industry issues, so we bring our broad sector experience and deep subject matter knowledge to bear in a proactive and objective way. Above all, we are committed to measuring the gains and identifying where your strategy and change initiatives are delivering the value your business needs.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.

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