LONDON, Dec. 19, 2016 /PRNewswire/ -- Technology Advisory provides services such as helping in optimal utilization of company's information technology (IT). This segment includes advisory and implementation services. Some of the services provided by technology advisory are digital risk management, business process automation, IT enterprise security and systems implementation. The service is sub segmented into ERP services, IT advisory, data analytics, systems integration, enterprise architecture, and software management
The Americas was the x largest geographic region in the Technology Advisory market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market.Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global Technology Advisory market.
With the emergence of information communication and technology, the world is rapidly moving towards the process of digitalization. Investor expectations, rising competition, new regulatory pressures and increasing opportunities are putting organizations under pressure to digitalize their processes and management. Management consulting services firms are providing IT transformation services to businesses, banks and other organizations to overcome challenges such as rising stakeholder expectations and flat or declining budgets. Such services include identifying critical technologies, setting an IT agenda, consolidating, standardizing and harmonizing IT solutions across business divisions in a cost effective manner . Accenture Consultancy increased its revenues from Communications, Media & Technology division by 16% from 2014 to 2015 due to increased demand for digital transformation for management services
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