PwC’s most recent Global Business Services Index (GBSI) reveals an industry defined by both progress and pressure.
Technology acceleration, evolving client expectations, and geopolitical uncertainty are reshaping where and how businesses create value. Half of professional business services CEOs say their organizations are moving into new sectors, reflecting a larger trend of industry convergence. At the same time, 44% believe their business model may not be viable within the next decade.
While sectors such as legal, digital and education, and built environmental services are advancing, others—particularly human capital management and parts of business process outsourcing (BPO)––continue to lag. These divergences underscore a growing gap between companies that are adapting and those at risk.
But there are promising signs. Firms prioritizing innovation, digital enablement, and workforce strategies see measurable improvements in productivity and cash flow. Our GBSI shows that despite volatility, strategic investment can be a consistent differentiator.
As AI adoption accelerates and sector boundaries continue to blur, firms that connect systems, talent, and innovation today can be better positioned to create value tomorrow.
Here are some no regret next moves to help your organization build a better future.
Technology modernization continues to be a key differentiator in business services. According to PwC’s Global Business Services Index 2025 (GBSI), firms that invest in digital and data infrastructure—especially in the digital and education and legal sectors—outperform peers in both profitability and productivity. These gains aren’t incidental. They reflect deliberate choices to rewire how systems connect, how data flows, and how intelligence is scaled.
Workforce strategy increasingly defines performance in business services. This means doing more than managing headcount. Sector leaders are rethinking delivery models, investing in digital skills, and creating cultures that support innovation and speed. Our GBSI confirms this shift. Sectors investing in workforce transformation often see clear productivity gains, while those that delay change can struggle to maintain performance, even as market demand recovers.
As client expectations shift, industry-leading business services firms are moving quickly to reshape their offerings. Our GBSI findings show that growth and profitability are increasingly linked to an organization’s ability to sunset legacy offerings, scale digital services, and personalize delivery. Whether through AI-enabled platforms, modular solutions or new pricing strategies, evolving your service model has become a performance imperative.
In a sector marked by uneven progress and growing complexity, insights from our GBSI can help you focus on strategic investments, align teams, and move forward with clarity.
Start by benchmarking your organization’s performance across the four critical dimensions: growth, profitability, productivity, and cash flow. This helps provide a foundation for identifying capability gaps relative to your peers and spotting where reinvention is more urgent.
Next, build a phased investment roadmap. Prioritize early wins such as cloud migration or targeted AI pilots that demonstrate impact quickly. Lay the groundwork for longer-term value with initiatives like unified data models and upskilling ecosystems. As new investments take hold, measure impact rigorously. Tie KPIs directly to operational and financial outcomes. Use these insights to refine your strategy over time and check that progress is sustainable. Review service offerings at least annually for demand and profitability. Evolve offerings over time to meet changes in customer preferences.
Finally, lead with collaboration. Forward-looking organizations are activating cross-sector collaborations, developing shared platforms, and engaging boards and investors in strategic dialogue. Leaders who invest deliberately in technology, talent, and client innovation can be better positioned to grow with resilience.
To explore how your organization can use the Index to guide strategy and investment, connect with PwC’s Business Services team.
Lori Driscoll
Technology, Media and Telecommunications US and Global Consulting Leader, PwC US