PwC Named a Leader in IDC MarketScape Reports for Financial Services, Strategy, Operations, and Financial and Accounting Consulting Services

NEW YORK, Aug. 20, 2012 /PRNewswire/ -- PwC today announced its recognition as a "Leader" in the latest series of IDC MarketScape reports for financial services, strategy, operations, and financial and accounting consulting services.

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PwC's capabilities and strategies are summarized in each of the four reports: "IDC MarketScape: Worldwide Financial Services Consulting Services 2012 Vendor Analysis;" "IDC MarketScape: Worldwide Strategy Consulting Services 2012 Vendor Analysis;" "IDC MarketScape: Worldwide Operations Consulting Services 2012 Vendor Analysis;" and "IDC MarketScape: Worldwide Finance and Accounting Consulting Services 2012 Vendor Analysis."  IDC MarketScape reports utilize a rigorous scoring methodology that produces a definitive assessment of each vendor's current market capabilities and strategies for competing in the future.

According to the reports:

• "PwC is seen as among the most capable at providing a full spectrum of business consulting services on financial services engagements. PwC also is seen as better than many of its peers at delivering ROI for the project and maximizing project value for financial services firms."
• "In strategy engagements, PwC is seen as among the most capable at providing a full spectrum of business consulting services. It is also seen as better than many of its peers at providing functional insights in strategy engagements. PwC is also seen as better than many of its peers at delivering ROI for the project and maximizing project value on strategy engagements."
• "PwC is seen as the most capable of all firms at providing a full spectrum of business consulting services on operations engagements. PwC is also seen as among the most capable at applying proven methodologies and tools and at helping clients reduce costs."
• "In finance and accounting projects, PwC is seen as the most capable of all firms at delivering ROI for the project and maximizing project value. It is also seen as among the most capable at providing functional insights. PwC is seen as among the most capable at providing a full spectrum of business consulting services in finance and accounting engagements. It is also seen as among the most capable at leveraging resources both globally and locally."

"We are very proud to be recognized for the continued exceptional work of our people, as well as for our ability to provide valuable insights and solutions for our clients' increasingly complex businesses," said Dana Mcilwain, PwC Vice Chairman and U.S. Advisory Leader.  "Recognition of our leadership in these reports validates our ongoing strategic focus to serve clients' needs from strategy through execution, as well as PwC's distinguished capabilities to support our clients with true end-to-end business consulting services."

About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

Sources
IDC MarketScape: Worldwide Financial Services Consulting Services 2012 Vendor Analysis (IDC #236018)
IDC MarketScape: Worldwide Strategy Consulting Services 2012 Vendor Analysis (IDC #236019)
IDC MarketScape: Worldwide Operations Consulting Services 2012 Vendor Analysis (IDC #236022)
IDC MarketScape: Worldwide Finance and Accounting Consulting Services 2012 Vendor Analysis (IDC #236122)

About PwC's Advisory Practice
PwC's Advisory professionals help organizations improve business performance, respond quickly and effectively to crisis, and extract value from transactions. We understand our clients' industries and unique business challenges, and look across the entire organization — focusing on strategy, structure, people, process and technology — to help clients build their next competitive advantage.  See http://www.pwc.com/us/consulting for more information.

About the PwC Network
PwC firms help organizations and individuals create the value they're looking for. We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.

© 2012 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

SOURCE PwC