Digital related consulting currently represents a half of all business and IT consulting engagements this year, but by 2019 will represent 80 percent during 2019, accounting for $97 billion worldwide.
That’s according to research company IDC, which defines “digital strategy” consulting services including goals, business architecture, organisational model, and data technology priorities.
These consulting services are being driven by enterprises adopting social, mobile, analytics, security the internet of things and cloud strategies.
But Michael Versace, managing director of digital strategy research at IDC said that technology and data are more and more becoming strategic business assets.
He said: “A big question in the digital strategy consulting service market is around business risk taking/“
Enterprises want to know how best to “hedge against fluctuations in demand, executing risk, and aspirations of traditional IT consulting and systems integrators”, Versace said.