EY ranked number one in IT services consulting for banking, securities and insurance by Gartner

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Oct 23, 2017, 07:33 ET

LONDON, Oct. 23, 2017 /PRNewswire/ -- EY today announced that Gartner Inc., has ranked EY number one in IT services consulting for banking, securities and insurance. The ranking is based on 2016 revenue and market share in the report Market Share Analysis: IT Services, Worldwide 2016, published on 19 May 2017.¹

According to the report, "the worldwide IT services market grew 3.2% in U.S. dollars (4.1% in constant currency) in 2016. The report also notes that business buyers are looking for specific business outcomes, such as improved interactions with customers, significant operational cost reductions, competitive advantage, or generating revenue from new products or markets."²

Bill Schlich, EY Global Banking & Capital Markets Leader, says:

"Businesses are in an almost continual state of change and must evolve at a speed that matches the pace of digital technology adoption as new business models and new competitors arise constantly. Banks are, of course, challenged to improve financial performance, innovate and collaborate for competitive advantage, particularly in today's environment of digital disruption, and we work with clients worldwide to enable them in their digital transformation journeys."

Shaun Crawford, EY Global Insurance Leader, says:

"Every industry is affected by the impact of digital on customers' expectations for a high-quality, consistent experience. We support clients globally to focus on areas with the most immediate and critical impact on their businesses, including robotic process automation, artificial intelligence and machine learning, so they can innovate quickly and thrive through digital disruption."

To learn more about Global Advisory Technology Consulting, visit the EY microsite.

¹ Market Share: IT Services, Gartner, 2016, 19 April 2017 2016, G00325740
² Market Share Analysis: IT Services, Worldwide, Gartner, 2016, 19 May 2017 ID: G00327729