Avasant
Rank: 63 Revenue Growth: 60%
Avasant is a global management consulting firm that advises private and public sector organizations on translating the power of technology into realizable business strategies. Over the last decade, Avasant has become a leader in digital and IT transformation, sourcing advisory, global strategy, and governance services. Kevin S. Parikh, Global CEO & Senior Partner of Avasant, sat down with Consulting to discuss Avasant's financial performance, revenue growth and overall business outlook for the remainder of this year and next.
Consulting: What were the main factors that contributed to your firm's exceptional growth?
Parikh: Avasant takes pride in delivering high-value engagements through industry-focused innovation and flexible client-based solutions. In order to deliver on this commitment to our clients, Avasant promotes a company culture predicated on teamwork. Our seasoned professionals average 20 years of industry-honed experience and have conducted over 1000 engagements in over 50 countries.
Consulting: How is this year shaping up for your firm?
Parikh: This year marks Avasant's 10th anniversary, and a decade committed to excellence for its clients, employees, and strategic innovations, and 2017 has truly been a landmark year for our firm.
Consulting: How would you describe your firm's outlook for 2018? Where do you see the most opportunities?
Parikh: The most exciting upcoming trend we are seeing is the emergence of Digital Singularity. Digital Singularity is introducing humankind to a new world that is ultimately powered by a hyper convergence of technologies. Yes, technology adoption will result in fewer manual and process-oriented jobs, but it will also open the door for a higher level of thinking, innovation, and dreaming. Corporate America especially has an opportunity to utilize digital trends to drive unprecedented levels of innovation within the organization
Consulting: What would you say are your firm's biggest challenges in 2018?
Parikh: Avasant has a number of ambitious and highly disruptive projects planned, which will change the way businesses are run and interact with their consumers. Avasant will also be launching a number of new solutions for providers as a part of our Intelligent Provider Services. We are also currently looking for small to medium sized acquisitions that support our underlying business strategy in 2018.
Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?
Parikh: From our firm's inception, we believed that a comprehensive understanding of the marketplace and strong relationships within the provider community would drive Avasant to the top. Our solutions transcend traditional models and focus on delivering low cost, high-value opportunities. We are thrilled to know that our innovative methods continue to leave a lasting mark in the industry.
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