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    BCG Named a Worldwide Leader in Business Consulting Services by IDC MarketScape

    BOSTON—Boston Consulting Group (BCG) was named a Leader in the IDC MarketScape: Worldwide Business Consulting Services 2024 Vendor Assessment (Doc #US51113123, June 2024). BCG’s “approach to business consulting services is firmly rooted in delivering tangible value at speed to its clients, through identifying and implementing the right business strategy that maximizes impact and enables competitive advantage,” the report said.

    BCG Recognized as a Leader in Innovation Consulting Services by Independent Research Firm

    BOSTON—Boston Consulting Group (BCG) was named a Leader in Innovation Consulting Services in a new report by Forrester Research, an independent research firm. The report, titled The Forrester Wave™: Innovation Consulting Services, Q2 2024 - The 10 Providers That Matter Most And How They Stack Up, recognized BCG for its “multidisciplinary innovation practice with deep data and accelerator assets.”
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    AI at Work: Friend and Foe

    New Study from BCG Reveals that Employees’ Confidence in AI and GenAI Is Growing, but Half of Regular Users Believe Their Job May Disappear in the Next DecadeGlobal Survey of More Than 13,000 Workers Highlights That GenAI Is Saving Users at Least Five Hours per Week, Allowing Them to Move Beyond Productivity and Do More Work and Smarter WorkRespondents from Global South Markets Are Consistently More Bullish and Less Anxious About GenAI Than Their Counterparts from the Global NorthAdoption of the Technology Has Increased Significantly over the Past Year, Particularly with Frontline Employees, 43% of Whom Report Using GenAI Regularly at WorkBOSTON—The sentiments of employees around the world about AI and GenAI are evolving significantly, but cautious optimism endures, with 42% reporting confidence about the technologies’ impact on their work, compared to 26% at around this time last year. However, anxiety about the technologies is also on the rise, by 5 percentage points, and 49% of regular users believe their job may disappear in the next ten years due to the development of AI and GenAI, a view shared by only 24% of workers who do not use them.
    Prudence, Profits, and Growth | Promo Image

    Prudence, Profits, and Growth: A New Formula for Winning in Fintech

    Global Fintech Revenues Grew Robustly in 2023; Valuations and Funding Remain Depressed but Have Stabilized RecentlyThemes Shaping the Industry Include Embedded Finance, Connected Commerce, Open Banking, and Generative AI’s Impact on ProductivityBOSTON—While the fintech industry has navigated choppy waters in recent years, there is vast potential for future growth. As the sector matures, the rules of the game are changing, with a greater focus on unit economics and profitability over growth at all costs. From 2021 to 2023, global fintech revenues grew by 14% (at a compounded annual growth rate) while both funding and valuations plummeted. Key fintech players have achieved profitability and are scaling rapidly.