BearingPoint, a Europe-based leading management and technology consultancy, recorded revenues of $750 million (550 million euro) in 2013, up 8.4 percent over 2012.
At the same time, the firm increased its global reach and strengthened its worldwide portfolio, says Peter Mockler, Managing Partner BearingPoint. The firm also opened new offices in China and the Ukraine and established new strategic alliances in Turkey and Spain. BearingPoint has 30 subsidiaries in 18 countries and, together with its global consulting network, serves clients in more than 70 countries.
In addition, at the end of 2013 the firm acquired the German-based risk management and reporting specialist RiValue as well as the UK-based operational performance consultancy Trinity Horne. BearingPoint showed growth driven by both geographic expansion and organic growth, and is confident about the future ahead.
"Issues such as Big Data, the network society as well as increasing regulation are driving fundamental changes for the business world. In addition, the pressure on companies to develop sustainable business models in the wake of financial crises and resource shortages require innovative ideas," Mockler says. "More than ever, we need to connect business strategies with new technological developments and opportunities and adapt the consulting approach to rapidly changing customer requirements."
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