Blog

It has not only attained the very aspect of carrying out IT business consulting and IT strategic consulting processes but also made companies leverage the benefits of digital solutions in ways only a few corporate organizations envisaged a couple of decades ago and it has become imperative in Industry 4.0.

Call it the repercussions of the COVID-19 pandemic or the opportunities that got created in the aftermath of the pandemic. Still, nothing denies that digitization has become the new normal for the biggest IT Consulting firms, mid-size organizations and small-scale enterprises across IT business consulting.

In Industry 4.0, often referred to as Industrial Revolution 4.0, digital is the way to go. From IT Consulting companies to IT strategic consulting organizations, digital has occupied the driver's seat.

"Every industry and every organization will have to transform itself in the next few years. What is coming at us is bigger than the original internet, and you need to understand it, get on board with it, and figure out how to transform your business."- Tim O'Reilly, Founder, and CEO, O'Reilly Media.

Recent research from Statista predicts that the global digital transformation market revenue will reach USD 2.3 trillion in 2023. Such massive figures tell the significance of digital transformation in Industry 4.0 and its potential to revolutionize the entire spectrum of IT Consulting companies, and IT strategic consulting and deliver a hassle-free, smooth transition from non-digital to digital services.

The IT & Consulting industry is not limited to corporates delivering IT outsourcing services but expands to verticals such as IT consulting firms, IT business consulting, IT management consultants, IT strategic consulting, and IT consulting services companies, among others carried by IT strategic consultants.
The surge in the digital transformation market has erupted the significance of driving digitally driven services across industries transforming enterprises in unimaginable ways.
Furthermore, business leaders from the biggest companies, too, have asserted that digitization is at the forefront of businesses and how it is transforming the future of work via IT business consulting companies.

What are the three types of Consulting, and how is it transforming IT Consulting firms?

Consulting has never been a one-person or one-party job ever. It has always included two parties, the ones delivering the services and products and the ones taking services, which are further segmented into syndicated and customized services, as per the client's requirements taken care of by IT strategic consultants.
Even the biggest organizations understand the rising prevalence of digitization and modes of delivering services and operate similarly.

Recent research conducted by Boston Consulting Group, Inc., abbreviated as BCG, the global and one of the biggest IT Consulting firms that partners with leaders in the business world, suggests that 80% of organizations reported digital as their crucial element to go forward, whereas another 30% companies have reported having a digital-first culture in organizations.

1. Strategy Consulting

Of all the consulting domains, strategy consulting has been gaining massive traction, especially since the pandemic struck, whose aftereffects have made digital a vital imperative, going forward, especially for the biggest IT Consulting forms across the globe.
The answer to what a consulting company does, and the job of IT management consultants come at the forefront of addressing clients' challenges. Hence, marketing strategies are shifting to an all-mew domain of digital strategy consulting.

2. Management Consulting

Management consultants and IT management consultants across the domains focus on working on a client's strategy in a more inward-focused way to ensure that organizations drive growth and optimize several components of IT Consulting services.

3. Marketing Consulting

Organizations across the domains prefer marketing consulting in-house or through third-party players.
The main element behind marketing consulting revolves around the value delivered by marketing consultants.

Most IT management consultants and IT strategic consultants work with their agencies to give their customers free audits to determine whether their current marketing efforts are optimized.
The below-mentioned graph shows the factors driving the digital transformation processes among IT Consulting firms, where streamlining the operations and enhancing customer experience matters significantly.

Primary Drivers to Digital Transformation

Moreover, with digital advancements, organizations focus more on driving digital value through actionable insights and delivering a hassle-free digital customer experience via IT strategic consultants, which is imperative in such dynamic changing times.

LeSoft, a leading IT process solution to various companies in a diversified field and a subsidiary of Leader Group, provides businesses with cloud-based solutions that access the internet from anywhere without depending on hardware and software management aspects.
LeSoft understands digital transformation and utilizes its benefits across its business areas, revolutionizing IT Consulting firms as its clients across the globe.

Conclusion

Businesses have innovated themselves with the changing times, and the requirements of creating digital value have become synonymous with an organization's success.
Furthermore, IT Consulting firms adapting to digitization has resulted in transforming organizations in more than one way, which holds potential for today's generation of businesses and sets a benchmark for the near future.