Harvey Nash: Information executives seizing opportunities in the recession

by Editor 5/19/2009 4:29:00 PM
Chief information officers in the UK and the rest of Europe are upbeat and taking the business opportunities that the recession is throwing at them, according to the new Harvey Nash IT Leadership Survey.

IT outsourcing and recruitment consulting firm Harvey Nash has produced the 55-page IT Leadership survey in association with PA Consulting. They polled 1345 information executives from across Europe. The survey paints a picture of European CIOs as leaders of business change and innovation in difficult economic times.

To cut costs and fight off the effects of the recession, CIOs are adopting new technologies and agile working practices. Harvey Nash analysts say: “IT leaders are being bolder, using lack of cash as a catalyst to stimulate fundamental change in their business.”

Less than half (42 percent) of the executives reported a budget cut in the last 12 months, while a quarter said that their budgets had increased. More than a half of the CIOs are concerned that job cuts are affecting their organizations.

As many as 86 percent of the information leaders surveyed said that they were being called upon by their companies to use IT in innovative ways to boost the competitive abilities of their business.

Finally, 80 percent of the respondents are satisfied with their current salary, with 60 percent reporting earnings over €100,000.

To read the complete survey, visit Harvey Nash’s IT Leadership Centre.  

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Detica opens Manchester City centre office

by Editor 5/15/2009 3:42:00 PM
Business and technology consulting firm Detica will open a new office in central Manchester on Tuesday, May 19. The launch event will take place at 6pm.

The information intelligence specialist is recruiting new staff, hoping to attract top talent, and expanding its business in the North of England to meet the needs of its growing number of clients in the region.

“Detica has always enjoyed a rapid growth rate and our success of recent years is continuing despite the current economic climate,” said Martin Sutherland, Detica’s Managing Director. “We are witnessing a significant increase in demand for our services, especially in the North, and are growing in order to respond to the needs of both our existing and new clients.

“We are excited about our expansion in Manchester and look forward to growing our team with talented and enthusiastic individuals who share our passion for excellence and success.”

Detica’s clients include Vodafone, BT, the Home Office and Her Majesty’s Revenue and Customs. At the launch event, the firm will present its future plans and thoughts on future developments in the area of information intelligence. Detica’s team of leaders will be available to discuss career opportunities at the firm with consultants and other potential job candidates.

To browse the latest IT consulting jobs, please visit our job board.

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Accenture wins four 2009 SAP® Pinnacle Awards

by Editor 5/14/2009 3:44:00 PM
Global consulting, technology and outsourcing firm Accenture has won four 2009 SAP® Pinnacle Awards, making it a total of 18 SAP awards to date and confirming its position as one of SAP's leading strategic partners.

The SAP Pinnacle Awards recognize SAP partners who have excelled in developing their partner relationships with SAP and who provide quality products, solutions and services to SAP customers. Accenture accepted the awards at a ceremony in Orlando during the opening of SAP’s annual customer event, the SAPPHIRE® 2009 conference.

Accenture won in the following categories:

  • Collaborative Revenue Contribution Award – This award formally recognizes the recipient as SAP’s leading partner across the totality of its business. Accenture has now won this award for three consecutive years, reflecting Accenture’s ability to continue serving its long-standing clients while securing new market share.
  • SOA Thought Leadership, Service Partners – One of the most coveted technical awards presented at SAPPHIRE, this award recognizes the recipient’s strength and innovation in developing SAP solutions based on service-oriented architecture (SOA).
  • SOA Proof Points/Showcase Leadership, Service Partners – This award recognizes the recipient’s capabilities in developing enterprise services and securing a high number and quality of approved proof-point scenarios and business value reference submission
  • BusinessObjects Service Partner – This award recognizes the recipient’s pool of talent focused on business intelligence and the data landscape, including SAP NetWeaver® Business Warehouse (SAP NetWeaver BW) and the SAP BusinessObjects™ portfolio of solutions.

The awards reflect Accenture’s three decades of experience bringing a business value-driven approach to systems integration.

“The strategic alliance between Accenture and SAP is a powerful force in the marketplace, with Accenture delivering SAP services and solutions to more than a thousand clients around the world in nearly every industry,” said Patrick Puechbroussou, managing director of Accenture’s SAP business. “We are particularly pleased to be recognized for our strengths in SOA and business intelligence, two areas where we apply the latest SAP technology to help organizations cultivate their own distinctive capabilities.”

“SAP is committed to fostering an ecosystem that is driven by co-innovation and which uniquely provides solutions and services that help customers meet their most pressing challenges,” said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. “SAP Pinnacle Awards recognize those partners that have consistently demonstrated excellence in delivering value-focused and cost-effective solutions and services which help customers address their industry and business process needs. We thank Accenture for their dedication and passion to teaming with SAP to help extend the value of a customer-focused ecosystem.”

For more details about the awards: www.accenture.com/sap  
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Consulting Times – May 2009

by Editor 5/12/2009 4:22:00 PM
The May issue of Consulting Times has been posted. The topics covered include:
  • Hiring in the consulting sector – how bad is it out there?
  • Employees in the business services sector embracing “new altruism” to save jobs
  • Top-Consultant.com report: recruitment will concentrate in the second half of the year
  • Capgemini reorganising country consulting practices into a single global unit
  • Industry sectors that will be front runners of UK recovery
  • Chartered Management Institute survey: managers in the consulting sector on economic recovery
  • Management Consultancies Association – MCA Management Awards
  • Interview with Dom Moorhouse, head of Moorhouse Consulting
  • Tips for consultants: How to pick clients?
  • Seven tips for writing a compelling CV

To read about these and more, please visit Consulting-Times.com.


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Nebulas Solutions strengthens compliance capabilities with new partnership

by Editor 5/8/2009 4:13:00 PM
IT security, acceleration and virtualisation specialist Nebulas Solutions Group has teamed up with LogRhythm, a company that provides file integrity and endpoint monitoring, enterprise-class log and event management in a single solution, and the partnership has been an early success, with three major customer wins in the first three weeks since signing the agreement.

The agreement allows Nebulas Solutions to offer LogRhythm’s enterprise solution, which automates the collection, organisation, analysis, archiving and reporting of all log data, to clients and help them meet their compliance, security and operational requirements more easily, as well as provide them with actionable insights into security, availability, performance and audit issues within their infrastructure.

The partnership further strengthens Nebulas Solutions' compliance and auditing capabilities, which help customers in many different sectors to meet their industry-specific compliance obligations. As a specialist in solutions for PCI (Payment Card Industry) Data Security Standards, Nebulas Solutions' addition of the LogRhythm offering will help customers to improve their compliance, overall security and gain better operational visibility and insight.

Nick Garlick, managing director at Nebulas Solutions, says: "We're always looking to partner with leading technology companies and LogRhythm's solution will enhance our broad-ranging compliance offering. I'm delighted that our partnership has already generated three customer wins; it clearly shows the appeal of our combined offering. Given such early success, I'm looking forward to developing a significant, long-term relationship with LogRhythm".

Ross Brewer, LogRhythm's vice president and managing director EMEA, commented: "We're looking forward to working with Nebulas and will benefit significantly from the Group's broad business base of customers, particularly within the financial services market. Our early wins have highlighted the partnership's potential and created terrific momentum for moving forward. By widening our joint offering to Nebulas' customers in broader industry sectors, I'm confident that both organisations will enjoy strong revenue growth over the coming year".

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Tata companies appoint consultancy majors to reduce carbon footprint

by Editor 5/8/2009 4:06:00 PM

The Tata group companies have launched a campaign to cut down their greenhouse gas emissions and appointed consulting giants McKinsey and Ernst & Young to help Tata’s top five polluting companies – Tata Motors, Tata Steel, Tata Chemicals, Tata Power and Tata Consultancy Services- reduce their carbon footprint. The five companies in question contribute 80 percent of the group’s overall carbon emissions.

The group has formed a special committee, with Irani at the helm, to steer the group’s green efforts and find ways for its member companies – about a hundred of them – to reduce emissions over a period of time.

Tata Sons director J J Irani said: “I must admit that we've been rather slow in catching up with the requirement of becoming a low-carbon economy. The Tatas are planning to play some role in understanding how we could reduce our emissions so that we can leave a better world for our children and grandchildren.”


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IT jobs most suitable for offshoring – new Roland Berger study

by Editor 5/6/2009 3:34:00 PM
management consulting jobs
A third of UK jobs at risk of being sent overseas, according to a new report from strategy consulting firm Roland Berger.

Roland Berger consultants polled senior executives at 200 multinational firms based in the UK and the responses show that operating costs in the UK will prompt companies to move core functions abroad. Around 29 percent of the workforce in the companies included in the survey could be replaced by lower-cost labour by 2015. More than 50 percent of the executives polled have either begun the process or are considering to do so.

Information technology was cited by most as the most suitable function to offshore, with 69 percent of the executives saying that they are considering the move. Other than IT, jobs most likely to be offshored are in customer services (64 percent), research and development (61 percent) and sales management (59 percent).

As many as 81 percent of the executives surveyed said they planned to offshore key business areas within the next six years.

David Stern, UK managing partner at Roland Berger Strategy Consultants, says: “This trend towards offshoring is markedly different from the international outsourcing we have seen to date, with both knowledge economy jobs and core business functions now being exported to economies which are more competitive in the global environment. These are unlikely to return once the economy picks up, a trend which threatens a permanent rise in UK unemployment, leading to falling revenues and ultimately a decline in GDP.”

“The government must help UK companies and employees become more competitive in the global market place, otherwise the trickle of jobs moving offshore will become a torrent,” he added. “This will require reducing bureaucracy, enhancing the skills of the labour pool and alleviating the cost burden on business, but this will present a huge challenge in the current economic climate.”

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Deloitte report: Workforce reductions get deeper, more difficult to make

by Editor 5/6/2009 3:30:00 PM
Deloitte released a new study yesterday that shows how talent managers and high ranking executives worldwide are adapting their workforces to the economic crisis.

The study, “Managing Talent in a Turbulent Economy: Navigating a Course Through Rough Waters,” was conducted in association with Forbes Insights.

Here are the key findings on talent management in the present economic climate:

• Cutbacks and layoffs dominate the corporate talent agenda -- Nearly half (47 percent) of the 397 international executives questioned reported layoffs over the last three months, markedly more than those who had predicted layoffs (38 percent) in our January study. Of the companies surveyed that experienced layoffs in the last quarter, 71 percent expect more layoffs in the coming quarter.

• Workforce reductions get deeper and more difficult to make -- Forty-three percent of executives surveyed list "role necessity" as a key factor in making decisions about workforce reductions -- a 17 percentage point drop from January. Additionally, past and current performance is no guarantee of job security with less than half of managers surveyed (45 percent) reporting this is a top factor.

• Layoff survivors are also feeling the impact -- By strong margins, executives surveyed reported that over the next 12 months their companies are more likely to decrease rather than increase compensation levels (25 percent to 15 percent), benefit levels and packages (32 percent to 14 percent) and discretionary perks such as subsidized food and parking (39 percent to 12 percent). Corporate bonuses are also being pared back, with more than a third (35 percent) reporting they expect bonuses to decrease this year.

• The intersection between risk and talent remains a critical issue for all organizations surveyed -- By a 2:1 margin compared to total respondents, executives surveyed in CFO/Treasurer/Comptroller roles were more likely to disagree that employees in their firms knew how to identify fraud and other behaviors that could endanger their companies. The senior executives polled in the study expect significant challenges to persist and few of them believe that the worst is over as their workforce cuts are becoming deeper and harder to make.

Jeff Schwartz, principal, Human Capital, Deloitte Consulting LLP, says: “It is a true sign of the times as austerity measures now outrank efforts to increase sales and serve customers as top priorities for these executives. Even these companies' most skilled employees have begun to feel the pain of the weakened economy, and their managers are struggling with how best to align their workforces with the reality of what many expect to be a prolonged downturn."

The full report is available on Deloitte’s website.

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Upcoming consulting career events

by Editor 4/30/2009 4:49:00 PM
consultant jobs
The Top-Consultant.com team is organising several career events over the next few months aimed at consultants who want to fast-track their careers and industry professionals considering a move into the consulting industry.

Bi-monthly workshops, How to Ace Your Case Study Interview, are designed to help job candidates who have not had much success with case study interviews in the past and find them to be a bit of a challenge, make sure they have the knowledge and confidence they need to improve their chances of landing the consulting job they want. 

The workshops will take place on Friday, July 17th at 4pm and Wednesday, August 12th at 6:30pm. For more information and to apply, visit Top-Consultant.com.

The Art of Selling Consulting Services, Top-Consultant’s most popular seminar ever, helps consultants win more business for their firms. The seminar has already attracted more than 800 consultants from such big firms as Capgemini, PwC, Deloitte, A.T. Kearney and SAP Consulting, so the Top-Consultant.com team has scheduled an additional date – July 10th – with the content tailored specifically around the theme of winning more clients in a recessionary market. To learn more about the event, click here.

Finally, there is the seminar titled “Revitalising Your Consulting Career – Securing a Career Move in Consulting in 2009.” This will be an evening event in Central London on Monday, June 29, followed by a series of conference calls. The seminar is aimed at consultants who want to make sure they have the greatest insights into where the job and career opportunities lie, how to get hired into these organisations and how to outshine other candidates at job interviews. For more information, visit Top-Consultant.com.

To browse and apply for the latest consulting jobs online, visit ConsultancyRoleFinder.com.

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Capgemini reports stable revenues in the first quarter

by Editor 4/30/2009 4:14:00 PM
The Capgemini Group posted consolidated revenues for first quarter 2009 of €2,205 million, up 0.9% compared with the same year-ago period and down 0.3% like-for-like (constant Group structure and exchange rates).

Compared with the first quarter of 2008, the Group's revenues reflect the following like-for-like changes:

􀁹 By discipline: Outsourcing Services advanced 1.1% and Technology Services edged up 0.4%; Sogeti declined 0.7% while Consulting Services retreated 9.8%.

􀁹 By region: the United Kingdom & Ireland put in a strong performance (up 7.0%), while revenues in France and Benelux shed 0.8% and 0.6%, respectively. Revenues recorded in North America were 6.9% lower than in the first quarter of 2008.

Bookings in first-quarter 2009 (excluding recent acquisition BAS BV) came in at €2,221 million versus €2,172 million in the prior-year period (at comparable exchange rates and Group structure), and were boosted by a near-40% leap for Outsourcing Services. Although bookings weakened by 9% on average for the Group's other three disciplines (Consulting, Technology and Local Professional Services) due to a wait-and-see approach to new project launches among clients, the book-to-bill ratio for these businesses nevertheless remained in positive territory at 1.04.

These results are in line with expectations and bolster the Group's confidence in its guidance for the first half of 2009 that like-for-like revenues would see a modest decline of around 2% and that operating margin should remain above 6.5% (first-half 2008 operating margin was 7.6%).

At the Group's Shareholders' Meeting held today, Capgemini will ask shareholders to approve the payment of a dividend of €1 per share and appoint two new Directors: Bernard Liautaud, General Partner of Balderton Capital Management and co-founder of Business Objects; and Pierre Pringuet, Chief Executive Officer of the Pernod Ricard Group.

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