When IBM Corp. bought the management and technology consulting business of PricewaterhouseCoopers for $3.5 billion last fall, it gained an important asset that it visibly lacked: strategic business consultants with BlackBerries filled not just with the names of CIOs and IT department heads, but the names of CEOs, CFOs and senior vice presidents of sales as well. These relationships drive the strategic IT consulting business, and with project-based IT on the decline, IBM’s leadership decided that “strategic” was the place its service business needed to be.

Combining that operation with its existing consulting group enabled Big Blue to create its new Business Consulting Services unit. BCS, as it’s called, is intended to complete IBM’s lineup and allow it to become an IT mega-vendor akin to those spawned by the consolidation trend in financial services. Now, there is only one problem left: Do clients actually want one-stop shopping?

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.