New and innovative tools and technology are quickly becoming the backbone of strategic goals, including creating competitive advantage, personalizing the customer experience, and empowering employees with meaningful information in real-time. Because of this, the IT buyer and invested parties continue to expand beyond the IT department to span the full C-suite. Now more than ever, there is a need to make distinct connections between IT and business goals and challenges. As leaders across the organization increasingly turn to IT to help meet their goals, there is a growing need to have a holistic IT strategy to ensure investments, goals and strategies are in alignment. To achieve this, organizations are turning to consultants. To be a top IT strategy consulting provider, there are several key elements a firm must have:
As the need for the business-side and IT-side to collaborate increases, consulting firms are ramping up investments to improve their ability in developing a formalized IT strategy. This is also resulting in a more competitive market for consultants, with firms from both ends of the spectrum (business strategy and IT development/outsourcing) building-out complementary capabilities to properly address the client’s IT strategy needs. To stand-out in the IT strategy consulting market, firms need to not only take immediate client needs into account, but arguably more importantly, ensure that the IT strategy is agile and flexible to adapt to the changing needs of the client organization, and advancements in IT and technology. Hand-in-hand with technological advancements comes a greater need for cybersecurity, which will only continue to increase demand for cybersecurity consulting services as organizations collect, use and share more information and connect more devices to the network.