Effective Management Consultancy: Past, Present, and Future of IT Industry

Effective management
consultancy

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
The growth of IT industry since its past status to the current status............................................3
The present...................................................................................................................................4
Future prospectus of IT Sectors...................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Management consulting referred to as business consultancy that advice and implement
the task and services in the organization with improving management and their strategy, and
organizational performance and process. Aim of the project is to explore and understand a part of
the management consulting industry. The project lead to understand the past, present, and future
of the company. The main areas of consulting are Strategy, Information Technology, Operations,
Financial or Human Resources. History of this area of consultancy, main activities carried out in
organization. Area develop in the future, new skills and capabilities will firm need in order to
thrive in this area in the future.
MAIN BODY
The growth of IT industry since its past status to the current status
IT industry are the management consultancies that produces software and hard-wares through
which the internet services has been created. This sector is playing major role in processing the
business information in worldwide. It is the most developed sector in terms of providing
telecommunications. The industry has come so far from its starting point. Earlier, the IT sectors
used to provide the services related to the web development only. But now, they are providing its
services at the worldwide in different sectors of business and regulatory services. From its
starting the sector always shows the increment in terms of providing efficient communication
facility to the customers. (Lei and Slocum Jr, 1992). The achievements of the IT is just not
limited up to this. Apart from this, the industry has adopted various latest technologies in
performing their operations. . (Burger, Mayer, and Bowal, 2007). The firm has showed effective
performance in every aspect throughout the past. And maintaining its position in present as well
by performing all the services. And this is the main motive of the IT sector that, they have to
perform like this in near future as well. The industry believes in the concept of “setting a base for
the future by focusing on the present scenario”. The IT firms has gained many opportunities
throughout the past and made a strong ambition in relation of providing highly satisfied services
to the customers.
The emergence of IT sector
The sector has showed the success rate throughout the past, here are the main aspect due to
which the IT department are successful. In the year 1870-1900 during second industrial
revolution, there was a development of telegraphic lines in UK. This development enables the

people in interacting with each otheR from the distance Afterwards the innovation has been done
in this by the year 1950. The computes has been introduced. (Gallery, 1994)The emergence of IT
started taking place from here. In year 1990, the internet was evolved that helped in transferring
of information in worldwide. The Information technology played an important role in enhancing
the stability of internet. The demand of internet from the year 1990 tends to increase as it opens
up various opportunities for the businesses. (Hurley and Schaumann, 1997). Along with this, the
demand for IT sector has also been increased as these sectors are the core base of
telecommunications. By the year 2010 the internet speed shows up various innovations such as
changing from 2G TO 3G and it continuous. Due to this, IT sectors got various opportunities in
order to explore their activities and working onto this.
The present
What is the size (revenue) of this area of the industry
Information technology has a strong demand for regulatory driven transformation, and cyber
ethical and legals services. Information technology Management consultancy industry worth is
more than a billion now a days. The sector is one of the largest industry in the professional
service sector. In the past decades' company shows the devlopment and progress in the industry
that lead to achieve this position in the current scenario of the country. Information technology
develop extensively. In 1870-1900 the second revolution of the company happened and in the
2010 industry achieve and emerge the big data.
What are the main activities carried out by the industry
Company provide services to the customers and provide skills to them where they perfectly fit.
Company acknowledged by their work by doing the audit of big firms across all over the world.
There is range of services company provided to their customer. industry also led a cybersecurity
project where they helped the many organizations to take advantage of the new market
opportunity by making innovation in their company. Information technology industry guaranteed
their client by the unlimited opportunity and business positivity impact of the society and put
their full potential towards it (Bessen, 2017).
Who are the major firms in the information technology of consultancy
There are four major organization in this area Deloitte, KPMG, PwC, and EY. These are the
firms that contribute major role in the professional field of the information technology network