DXC Technology (NYSE: DXC) shares increased strength Monday, on word the global technology services provider has been awarded on the Forbes list of the World's Best Management Consulting Firms 2024. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider.
Consulting is considered to be one of the most advanced areas in the professional services industry and continues to grow. The industry is largely dominated by internationally established players. Statista estimates that the top 100 global consulting firms generated revenues of approximately $47 billion and employed approximately 400,000 people in 2022. “In order to provide a better overview of this large market with numerous players and to provide guidance for potential clients, Forbes and Statista have joined forces to create a top list featuring the best globally active management consulting firms,” according to this morning’s news release.
The top list is sorted by 13 industries and 14 functional areas. On top of that, the best consulting networks have also been awarded. The top list is based on the results of national surveys conducted by Statista among consultants (partners and managers of consulting firms) and clients (executives) in Germany, the United Kingdom, and the United States, as well as on a global survey conducted in 29 countries covering all continents.
DXC shares gained 36 cents, or 1.9%, to $19.64.
