PwC is a leader in two Worldwide IDC Cloud MarketScape reports
PwC named a Leader in the IDC MarketScape for Worldwide Industry Cloud Professional Services 2022
PwC has been named as a Leader in the IDC MarketScape: Worldwide Industry Cloud Professional Services 2022 Vendor Assessment (September 2022, IDC #US48187622).
According to the report, “The industry cloud professional services (CPS) market continued to grow and evolve rapidly in the three years since the last IDC MarketScape for worldwide industry cloud professional services. Major new entrants, such as cloud service providers and enterprise software vendors, launched dozens of high-profile offerings, while global SaaS and platform providers continued to release a steady stream of industry-specific bundles. Prompted by the COVID-19 pandemic to move operations online, many industry players, especially those in the medical and public sectors, began building industry cloud capabilities on their own.”
The author of this IDC MarketScape report, Nadia Ballard, says that: “Providing use case–based industry cloud solutions allows professional services vendors to get even closer to the heart of the day-to-day operations and business challenges that their clients face. The firms leverage their industry expertise, their technical skills, and partnerships not only to solve their client's business challenges but also to build valuable new technology assets that can often be monetized repeatedly."
The IDC MarketScape report states that, “As a consultancy with deep industry and business consulting roots, PwC today is leveraging the expertise and experience accrued over the past 100+ years to build a robust industry cloud platform that will serve as an anchor in the development and growth of the firm's new technology-powered Consulting Solutions organization.”
Commenting on PwC’s strengths, the report states that, “PwC has a bold industry cloud vision and framework, one that leverages the firm's significant industry experience, knowledge, and partnership ecosystem. The company's data governance, regulatory, and compliance capabilities, especially in financial services, health services, energy, and utilities, among other highly regulated industries, are also strong. PwC has the cloud engineering talent and global delivery and innovation infrastructure to meet its clients' highest project standards.”
Furthermore, the IDC MarketScape report says to consider PwC when, “you need an experienced industry cloud partner in the financial services, energy, healthcare, life sciences, consumer markets, and industrial products sectors. PwC has significant education and government sector experience, as well as expertise in overall digital transformation projects.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of Information and Communications Technology (ICT) suppliers in a given market. The research methodology utilises 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. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
“We are really pleased to be recognized by the IDC MarketScape as a leader in Worldwide Industry Cloud Professional Services. PwC’s Cloud Transformation Services enable our clients to accelerate their business outcomes across their enterprises with our suite of industry specific, cloud-powered solutions. Our cloud transformation success stories show how we help our clients across the world navigate complex issues, create value and deliver sustained outcomes. Today, the question isn’t whether you’re going to move to the cloud but how you’ll do it and how fast. We help you redirect your cloud strategy from a purely technical focus to one that puts the needs of the business first.”
PwC named a Leader in the IDC MarketScape for Worldwide Cloud Professional Services 2022
PwC has been named as a Leader in the IDC MarketScape: Worldwide Cloud Professional Services 2022 Vendor Assessment (April 2022, IDC #US48061322).
According to the report, “Cloud professional services providers continue to expand capabilities, including through acquisition, to complement their traditional strengths. At this point, almost every historically technical consultancy can point to bona fide business consultants and strategists on staff, while the once "pure" strategy firms have deep cloud implementation experience.”
The author of this IDC MarketScape report, Gard Little, says that: “When buyers were asked what characteristics are required for any cloud professional services vendor to be successful at a worldwide level, the most frequently mentioned attributes were "provide an appropriate and high-quality team for the project" and "provide technical insights and competence."
The IDC MarketScape report states that, “Since it began investing in its cloud business in 2007, PwC's cloud professional services strategy has remained constant — embed cloud engineering and innovation capabilities across service lines in support of business transformation. While continuing to evolve and sharpen its strategy, PwC remains committed to delivering clients end-to-end professional services, from helping them reinvent their business model in the cloud to building solutions that power new ways of working every day. PwC's ability to deliver distinctive outcomes is underpinned by the company's understanding of industries, after almost a decade in a sector-oriented operating model, as well as expertise in the full range of business functions, and the technical skills required to build sophisticated, cloud-powered business solutions.”
Commenting on PwC’s strengths, the report states that, “PwC's strengths include the company's pricing model and cost management strategies, as well as its growth and employee strategies, and the functionality delivered and its customer service capabilities. As part of a migration and transformation from a legacy datacenter landscape to the cloud, one client summarized, "PwC was the partner supporting integration of [recently acquired firm with existing firm]. Our project team was involved there, so they were a logical choice. We did an RFP anyway. PwC was really the most tech savvy, bringing a good mix of tech, cloud, and consulting expertise."
Another client said PwC had a "genuine interest in understanding our current business model. Not a one-size-fits-all approach, they try to understand what we are trying to achieve, and understand the nuances of [client], what is relevant to us in undertaking work. Effective at leveraging offshore in India, but also brought in global experience."
Furthermore, the IDC MarketScape report says to consider PwC when, “The idea of a people- and business-led technology-enabled transformation sounds like the right approach as compared with a technology-led business transformation. PwC's approach to cloud is about solving business problems in a way that they are supported and enabled by technology, but not driven by technology alone.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of Information and Communications Technology (ICT) suppliers in a given market. The research methodology utilises 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. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
“We are pleased and honored to be recognized by IDC as a leader in the Worldwide Professional Cloud Services 2022 MarketScape. We help our clients to accelerate their business outcomes powered by the cloud by being a trusted digital business partner every step of the way. Your cloud journey involves more than just evolving your IT. It’s about transforming your business—everything from your technology, to your processes, to your people. Designed to enable innovation that creates new business models and amazing customer experiences, our cloud transformation solutions are human-led and tech-powered—helping you drive revenue for your business while managing risk and building resilience.”
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