PwC Recognized as a Leader in Governance, Risk, and Compliance Consulting Services in IDC MarketScape Report

NEW YORK, Dec. 18, 2013 /PRNewswire/ -- PwC US today announced it has been selected as a leader in the "IDC MarketScape: Worldwide Business Consulting Services for Governance, Risk, and Compliance 2013 Vendor Analysis" report.

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"This recognition by IDC highlights our commitment to helping clients create formal and effective governance, risk, and compliance programs and to provide them with a strong foundation for business success," said Dennis Chesley, Global Leader of Risk Consulting at PwC. "Our extensive team of skilled professionals has the knowledge to help clients be more risk resilient – something that is becoming increasingly crucial in today's volatile business climate."

According to the report:

• "For business consulting overall, PricewaterhouseCoopers is seen as most capable of all firms at helping clients reduce costs. PwC is also considered the most capable at leveraging local and global staff appropriately."
• "In governance, risk, and compliance consulting, PwC is seen as most capable of all firms at directly improving clients' overall commercial performance, helping clients manage risk, integrating risk awareness and solutions within other consulting engagements, leveraging local and global staff appropriately, and providing industry insights and competence. PwC is also seen as most capable of all firms at providing the necessary spectrum of business consulting services and transferring knowledge to the client."

The MarketScape study assesses the capability and business strategy of many leading business consulting firms. This evaluation is based on a comprehensive framework expected to be conducive to success in providing business consulting services during both the short term and the long term.

For more information about PwC's Risk Consulting Services, visit: www.pwc.com/us/risk.

About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific 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, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.

Sources:
IDC MarketScape: Worldwide Business Consulting Services for Governance, Risk, and Compliance 2013 Vendor Analysis - August 2013 (IDC #242352)

About PwC's Risk Services
PwC understands that risk is rarely confined to discrete areas within an organization. Rather, most risks have a wide-ranging impact across the organization. As a result, PwC has developed a disciplined, formalized and effective approach to managing risk that can help companies become risk resilient -- identifying, prioritizing and solving for issues which could imperil the organization's achievement of its strategic goals. The end result is a risk solution tailored to meet the unique needs of clients that improves profitability, operating performance and ultimately shareholder value.

About PwC US
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 157 countries with more than 184,000 people. We're 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/US. Gain customized access to our insights by downloading our thought leadership app: PwC's 365™ Advancing business thinking every day.

Learn more about PwC by following us online: @PwC_LLP, YouTube, LinkedIn, Facebook and Google +.

© 2013 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC US refers to the US member firm, and PwC may refer to either the PwC network of firms or the US member firm. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

SOURCE PwC US