Adam Hartung lives in Chicago and is a partner in Vector Growth Partners, a growth strategy consulting firm in suburban Washington, D.
The analyst said that while overall revenue growth in the consulting sector is about 3% to 5%, Accenture and IBM are well-positioned to grow at a rate that is double the industry average.
In his eight years as chief executive IBM grew by 40 percent with services and consulting leading the growth, while its stock value increased eightfold.
Mainly, IBM in recent years has been known for using acquisitions in products such as cloud computing, analytics and consulting services to spark growth and improve profitability in a huge, mature company.
This growth has been driven by management consulting as well as computer and data center services, an area in which Jacksonville has enjoyed among the highest growth rates in the country.
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On current form, economists such as Esmond Birnie of PricewaterhouseCoopers, a consulting firm, expect lacklustre economic growth at best.
They said increased marketing efforts and a joint venture with the small-business consulting arm of American Express will get growth back on track this year.
"The large national issuers use promotional offers as an integral strategy for growth, " says Marc Sacher, managing director at Auriemma Consulting Group.
Citing data from Deloitte, the consulting firm McMillan Doolittle projects that between 2010 and 2015 international growth for the four giant companies will be at a compound annual growth rate of 9.8% for Walmart, 7.7% for Carrefour, 10.5% for Tesco and 7.4% for Metro.
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Richard Soultanian, director at energy consulting firm NUS Consulting Group in Park Ridge, NJ, says that looking at growth from an energy demand perspective, the economy looks tepid in a best case scenario.
Mark Carr is the managing partner of the South Street Strategy Group, a Boston-based consulting firm that combines strategic consulting with the best in marketing science to help clients capture new growth opportunities and improve their existing business.
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Anthony is the president of Innosight LLC, an innovation-strategy consulting firm, and the lead author of The Innovator's Guide to Growth.
Software consulting firm Veracity Solutions, of Salt Lake City, has produced its own growth on a strategy that the company uses to lift other companies as well.
The consulting firm, which has a huge financial-services practice, has seen revenue growth slow this year, but its advice on financial restructuring and regulation is in demand.
Vivaldi Partners, a marketing consulting firm based in New York, recently put together a list of the 20 best growth brands for Forbes (see: " Brand Values").
The top five Indian players in consulting (Tata, Infosys, Wipro, Satyam and HCL Technologies) have averaged 30% revenue growth this year, while the largest U.S. players have averaged just 4%, according to Datamonitor senior analyst Patrick O'Brien.
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