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Huge Unaddressed IT Market for Service Providers

In a world where sales for IT services have been decelerating, we believe there is a $400 billion unaddressed market for IT services. A huge, attractive prize for service providers. But it requires a different business model. This blog post describes the situation. The Market is Shadow IT The unaddressed market is enterprise shadow

How a CIO Shifted IT’s Role to Enable Growth through Digital Innovation

Imagine you’re the new CIO at a global vehicle manufacturing company (with industry-leading products) that now faces stiff competition from new players in its market. The CEO brought you in to lead the company transformation to enable dramatic growth quickly. The management committee had already developed a vision of its future state and developed

Oracle Announces it is not Pursuing Accenture, but Maybe it Should

I recently blogged about a report of a potential acquisition of Accenture by Oracle. Founder and Chairman Larry Ellison has since stated that Oracle is not interested in acquiring Accenture. But, quite frankly, maybe they should. Maybe they never intended to, despite the report of rumored due diligence. There are some important implications of

How To Accelerate Value Creation Through Artificial Intelligence

Major advances in Artificial Intelligence (AI) technology are happening rapidly, and many organizations are excited about the possibilities AI presents. However, some successful companies fail in their innovation efforts to create new value by leveraging disruptive technologies. Others haven’t yet embarked on this innovation journey because they lack use cases. My advice: First define

How to Eliminate Enterprise Shadow IT

Gartner studies have found that shadow IT is 30 to 40 percent of IT spending in large enterprises, and our research at Everest Group finds it comprises 50 percent or more. Either way, I believe these statistics are an understatement of the shadow IT ecosystem — spending on IT that doesn’t go through the

Trump Dump

In our Everest Group forecast for the services industry earlier this year, we predicted deceleration from 3.2 to 2.8 percent in the broader services market and deceleration from 7.1 to 6.8 in in the Indian market. We see no reason to change that prediction of deceleration now. But something notable has happened since we

Accenture’s Eye-catching Acquisition of Genfour

It’s a safe bet that most enterprises as well as service providers pay attention to Accenture’s market moves and investments. After all, Accenture is the world’s largest independent consulting and IT outsourcing firm, so who wouldn’t think it wise to learn by observing the firm’s strategies? Let’s look at Accenture’s recent acquisition of Genfour.

Why did Deloitte Acquire Day1 Solutions?

Deloitte recently announced it acquired cloud consulting firm Day1 Solutions. Deloitte is one of the world’s largest service providers and has service relationships with most major U.S. enterprises. Day1 is a small firm. So, this raises the question: Why does Deloitte need Day1? And why should your enterprise care? Deloitte needs Day1 for the

How To Budget A Digital Transformation Initiative Despite Unknown Risks

Imagine you’re the CIO tasked with driving change in a digital transformation at your company. You and other leaders have marshalled the organization toward the intended goal, and everyone has voiced commitment to achieving the breakthrough performance you expect. You’re at the start of year two of the initiative, but it’s not playing out

Potential Oracle Acquisition of Accenture brings New Digital Twist

The news in the UK’s leading IT publication, The Register, announced that Oracle has hired specialists to conduct due diligence on synergies and impacts of Oracle acquiring Accenture. Obviously, the feasibility study is at an early stage, and neither of the giant companies is commenting on the news… and it might not happen. But