Top consulting firms invest big in AI solutions

Mumbai: Major consulting and ‘Big Four’ firms are locked in a race to develop AI-driven solutions in an effort to meet the growing demand from clients eager to harness the disruptive potential of emerging technology and to enhance the speed and quality of their own consulting services.

Top high-value consulting firms like McKinsey, BCG and Bain, along with tech majors such as Accenture and IBM, as well as professional services firms like Deloitte, EY and PwC, are investing tens of millions of dollars and actively forming partnerships with IT companies and startups while creating internal teams to develop solutions for clients and internal needs.