Fuente: http://www.consultant-news.com  Fecha: 15.06.2009

EMEA consulting market faces demand atrophy through 2012, industry watcher says

With no immediate relief in sight, consulting firms in EMEA are progressively evolving their plans of action to surmount the market's growth impositions. Historically, EMEA consulting market rebounds lag those in North America, and variations in the timing of consulting market recovery are expected to persist in the region.

Facing nearly two years of severely contracted growth and cautious client behavior brought on by the global financial crisis, consulting firms in the EMEA consulting marketplace must determine how they can best take advantage of reduced opportunity to sustain vitality through 2011 -- when Kennedy analysts anticipate robust demand for consulting services will resume.

"Demand is high for solutions that help companies improve their performance and reduce their cost base," notes Karen Nickel Anhalt, a Senior Research Analyst at Kennedy and lead author of the research. "Clients are interested in improving their IT infrastructure by moving to SOA, shared services, and/or BPO. In order to lessen the burden of rewards and benefits in the current economic climate, companies are turning to HR consultancies for help. In addition, the need for advisory services around crisis recovery, credit and market risk, and forensics and litigation will grow, as well."