PwC has been named as a Leader in the IDC MarketScape: Worldwide Industry Cloud Professional Services 2022 Vendor Assessment (September 2022, IDC #US48187622).
According to the report, “The industry cloud professional services (CPS) market continued to grow and evolve rapidly in the three years since the last IDC MarketScape for worldwide industry cloud professional services. Major new entrants, such as cloud service providers and enterprise software vendors, launched dozens of high-profile offerings, while global SaaS and platform providers continued to release a steady stream of industry-specific bundles. Prompted by the COVID-19 pandemic to move operations online, many industry players, especially those in the medical and public sectors, began building industry cloud capabilities on their own.”
The author of this IDC MarketScape report, Nadia Ballard, says that: “Providing use case–based industry cloud solutions allows professional services vendors to get even closer to the heart of the day-to-day operations and business challenges that their clients face. The firms leverage their industry expertise, their technical skills, and partnerships not only to solve their client's business challenges but also to build valuable new technology assets that can often be monetized repeatedly."
The IDC MarketScape report states that, “As a consultancy with deep industry and business consulting roots, PwC today is leveraging the expertise and experience accrued over the past 100+ years to build a robust industry cloud platform that will serve as an anchor in the development and growth of the firm's new technology-powered Consulting Solutions organization.”
Commenting on PwC’s strengths, the report states that, “PwC has a bold industry cloud vision and framework, one that leverages the firm's significant industry experience, knowledge, and partnership ecosystem. The company's data governance, regulatory, and compliance capabilities, especially in financial services, health services, energy, and utilities, among other highly regulated industries, are also strong. PwC has the cloud engineering talent and global delivery and innovation infrastructure to meet its clients' highest project standards.”
Furthermore, the IDC MarketScape report says to consider PwC when, “you need an experienced industry cloud partner in the financial services, energy, healthcare, life sciences, consumer markets, and industrial products sectors. PwC has significant education and government sector experience, as well as expertise in overall digital transformation projects.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of Information and Communications Technology (ICT) suppliers in a given market. The research methodology utilises a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
“We are really pleased to be recognized by the IDC MarketScape as a leader in Worldwide Industry Cloud Professional Services. PwC’s Cloud Transformation Services enable our clients to accelerate their business outcomes across their enterprises with our suite of industry specific, cloud-powered solutions. Our cloud transformation success stories show how we help our clients across the world navigate complex issues, create value and deliver sustained outcomes. Today, the question isn’t whether you’re going to move to the cloud but how you’ll do it and how fast. We help you redirect your cloud strategy from a purely technical focus to one that puts the needs of the business first.”
Global Lead, Analyst Relations, PwC United States
Tel: +1 (917) 471 3355