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In her 1H17 Vendor Profile, TBR’s Senior Analyst Elitsa Bakalova, emphasizes how “BearingPoint integrates its consulting services and solutions to differentiate from competitors and expand in areas such as governance, risk and compliance”. TBR expects BearingPoint to meet its 2020 overall revenue goal of €1 billion due to “holistic solutions, proximity to clients, local market knowledge and persistent emphasis on client relationships”. (September 2017) (subscription required)
In its first decade since the MBO, BearingPoint has succeeded in putting in place a strong foundation of an integrated European consulting firm that can claim, through its strategic
partnerships, to have a more global reach. The next five years will be marked, not by global expansion, but by an evolution in positioning, with an increasing emphasis on services that
leverage its own and partners’ IP to assist clients in their digital transformation, potentially also boosting margins.
Expect to see more partnership announcements around IP-based offerings; shortly after the event, for example, BearingPoint announced its RegTech product unit and IBM is partnering to offer a BPO service around regulatory reporting to smaller institutions in the DACH region.
This IDC Market Analysis Perspective (MAP) provides information on the worldwide digital strategy and agency professional services market. Some form of this presentation was delivered to clients throughout various dates in 2018.
Market Analysis Perspective: Worldwide Digital Strategy and Agency Services, Douglas Hayward, Gard Little, Sep 2018, Doc # US43253718
The Management Consulting Benchmark provides key service line, regional, vertical and operational data and analysis for 13 leading management consulting firms. The research program also includes a deep dive into 11 vendors’ business strategies as well as SWOT analysis.
Elitsa Bakalova, attended our Analyst Summit in Lisbon on 11th October and published a complimentary write-up afterwards. The key take-aways for TBR on BearingPoint's development are:
- BearingPoint is transforming from a traditional consulting company into one that is flexible in the way it works with clients and values innovation, collaboration and entrepreneurship.
- BearingPoint positions as an independent and partner-owned management and technology consulting company that has European roots and global reach and enables clients predominantly in its core European territory to become global leaders.
- Utilizing its European market reach and a new design and brand profile that emphasizes creativity, innovation, and a collaborative, agency-like approach, BearingPoint is set to attract the right clients.
You can use digital business transformation accelerators to develop transformation strategies, build and test digital prototypes, and integrate prototypes into your business model at scale. But to access these benefits, you'll first have to select from a diverse set of vendors — vendors that vary by size, capabilities, geography, and vertical market focus. CIOs and chief digital officers should use Forrester's Now Tech report to understand the value they can expect from a digital business transformation accelerator and select vendors based on reach, resources, and capabilities.
Now Tech: Digital Business Transformation Accelerators, Q4 2018 Forrester's Overview Of 31 Digital Business Transformation Services Providers, December 13, 2018, Nigel Fenwick, with
Allen Bonde, Liz Herbert, Christopher Andrews, Piers Conway, Peter Harrison
Customer experience and CRM implementation services remain in high demand, fueled by demand for design, UX, commerce and analytics skills. Gartner positions major CX and CRM service providers to help application leaders of CRM and CX initiatives identify providers fitting their needs.
BearingPoint has been recognized as a “Niche player” in the Gartner “Magic Quadrant for CRM and Customer Experience Implementation Services, Worldwide” 2018
Gartner, Magic Quadrant for CRM and Customer Experience Implementation Services, worldwide, Patrick J. Sullivan, Ed Thompson, 07 February 2019, G00351111
Gartner evaluates solutions that provide billing, customer care, rating, charging, pricing, partner relationship management, policy management, mediation, self-service, analytics and other related functions. Target buyers are communications service provider CIOs.
BearingPoint has been recognized as a “Visionary” in this Gartner “Magic Quadrant for Integrated Revenue and Customer Management for CSPs” for third consecutive year
Gartner, Magic Quadrant for Integrated Revenue and Customer Management for CSPs, Norbert Scholz, Jouni Forsman, Amresh Nandan, Ramesh Marimuthu, 11 February
TBR’s principle analyst, Patrick Heffernan (@TBR_PatrickH), attended the BearingPoint Innovation Event where BearingPoint served as host to more than 70 people from across the globe to strengthen advocates for innovation and build towards workable solutions to real-world innovation challenges.
BearingPoint has been mentioned in Gartner Hype Cycle for the Future of CSP Network and Business Operations, 2018. In this Gartner Hype Cycle report, analyst Norbert J. Scholz mentions BearingPoint, with the Infonova software, as a sample vendor for “Supplier and Partner Relationship Management”.
Gartner places this functionality on the Hype Cycle as “Climbing the Slope” and predict that it will be mainstream functionality for CSP Network and Business Operations within the next 2 years. This is significant for Infonova because our software pioneered this specific functionality in the CSP marketplace. It also underlines the trend that we have seen in the last 8-10 months that CSPs are increasingly understanding the significance and importance of multi-tenant Supplier and Partner Relationship Management (SPRM) in their business functionality landscape. (July 2018)