AI-focused services make up 40 per cent of BCG’s 2025 revenue Prof Services The global revenue of the consultancy group Boston Consulting Group (BCG) reached $14.4bn (£10.6bn), a single-digit increase over the previous year, credited to AI. BCG reported seven per cent global revenue growth, rising to $14.4bn in 2025 from $13.5bn in 2024, marking its 22nd consecutive year of growth. The firm said its AI-and tech-focused services [...]
‘The AI bubble won’t pop’, says Bain & Company tech expert Tech Despite mounting speculation of a possible ‘AI bubble‘, a senior Silicon Valley investor has told City AM that some concerns may be overblown. Anne Hoecker, Silicon Valley partner at Bain & Company and head of the company’s global tech practice, told City AM on Tuesday: “When people say a bubble, it feels like something that’s [...]
The luxury market’s betrayal of Gen Z Retail In 2022, Gen Z and Millennials accounted for the entirety of the luxury market’s growth. The latest data, however, shows something of an exodus of younger buyers: Around 50m customers – about an eighth of the base – left the market last year, “in particular” the younger ones, according to Bain’s latest luxury report. A [...]
Foreign takeovers surge as buyers strike megadeals December 12, 2024 The foreign takeover raid on UK companies accelerated this year as international buyers struck a series of mega deals to acquire listed companies. In the ten months to the end of October, deals launched by foreign buyers with a UK target had jumped 55 per cent to $116bn (£91bn), with the number of deals increasing [...]
Top management consultancies don’t make things any better, clients say August 19, 2024 Drafting in a "big three" consultancy firm to help with corporate projects often has no positive effect, a survey of former clients has found.