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Green Quadrant for ESG and Sustainability Consulting 2022 chart

EY positioned #2 in HFS Top 10: Sustainability Services, 2022 report and #1 for Overall Execution

HFS Research has positioned EY as a top-ranked provider for Sustainability Services. We are extremely proud to be ranked #2 by HFS, and #1 for overall execution amongst 18 leading sustainability services firms. According to HFS, EY is setting strategic direction for sustainability at the C-suite with a scaled global practice that complements a powerful ecosystem. The report calls out EY’s broad services spectrum, a globally consistent climate change and sustainability team that was founded 25+ years ago, proprietary digital solutions, and skilling programs including the unique EY Masters in Sustainability as key strengths.

Source: HFS Top 10: Sustainability Services, Josh Matthews, August 2022

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Latest analyst recognition

  • Business Consulting

    Technology Business Research, Inc. (TBR) features EY’s five-themed framework to Supply Chain sustainability

    We are proud to share that EY was profiled by TBR Inc. in a recent special report titled “Complexity and Trust: EY Confident Supply Chain Sustainability Will Change World”, published in May 2022.

    TBR recognizes EY’s sustainable supply chain and operations framework as “coherent and complete”. The report highlights that “EY’s technology integrations appeared to be a seamless component of solving a client’s problem, rather than an attempt to shoehorn technology into an engagement to sell a solution” and that “EY’s ability to bring regulatory expertise, particularly around tax issues, consistently elevated the firm’s value with clients.”

    TBR’s favorable assessment of EY’s potential hinges in large part on EY’s track record for layering both trust and data into the firm’s consulting and technology solutions.

    Source: TBR Special Report - EY Confident Supply Chain Sustainability Will Change World; Patrick M. Heffernan, Kelly Lesiczka, John Croll, Boz Hristov, May 2022

    Download the TBR report (pdf)

    EY named a leader in The IDC MarketScape: Worldwide Business Consulting Services 2021 Vendor Assessment

    We are extremely proud to be announce that EY has been recognized as a leader for business consulting services in all geographies by the IDC MarketScape: Business Consulting Services 2021 Vendor Assessment. According to the worldwide report, “Among buyers worldwide, EY's performance is considered very strong in terms of its ability to provide industry insights and help clients improve the customer experience.”

    Source: IDC MarketScape: Worldwide Business Consulting Services 2021 Vendor Assessment, By: Bjoern Stengel, November 2021, IDC #US47023921e

    Read on idc.com

    EY’s Innovation Hub at Nottingham Spirk featured in Technology Business Research, Inc. (TBR) Event Perspective Report

    Titled ‘EY Remakes The Innovation Space’, the report highlights that EY’s Innovation Hub at Nottingham Spirk, does something: It actually delivers on the promise of end-to-end capabilities. In TBR’s view, combining the innovation process with the technological and physical capabilities of EY and Nottingham Spirk and capturing everything — and everyone — under one roof portends a sea change in how innovation and transformation centers will be run going forward.

    The report upholds that “while extending innovation from business challenge consulting sessions into implementation of technology and physical solutions requires a commitment from EY firm leadership and business model shift for EY, the physical space EY and Nottingham Spirk have created warrants attention as a blueprint for future center construction.” With the new center in Cleveland; the partnership with Nottingham Spirk; and the emphasis on process, people and the physical, EY leapt over competitors and created something unmatched.

    Source: TBR Event Perspective: EY Remakes The Innovation Space, Patrick Heffernan, November 2021

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    EY’s Enterprise Risk, Financial Services Risk Management practices profiled by Technology Business Research, Inc. (TBR)

    We are proud to share that EY was profiled by TBR Inc. in a recent special report titled ‘Complexity and Trust: EY’s Evolving Approach to Risk’, published in March 2021.

    TBR spoke with leaders in EY’s risk consulting services practice about recent portfolio developments and expectations for 2021. The firm notes the overall maturation of EY’s risk consulting services practice (sitting in EY Business Consulting domain) provides the firm with a solid foundation to build new offerings and help clients navigate complex risk requirements, not simply the obligatory or compliance-related aspects of Risk Management. They also state EY remains committed to making technology an enabler of services, both through innovation and at scale.

    Source: TBR Special Report - Complexity and Trust: EY’s Evolving Approach to Risk; Patrick M. Heffernan, Kelly Lesiczka, Elitsa Bakalova, Boz Hristov, Geoff Woollacott

    Download the TBR report (pdf)

    EY named an Enterprise Risk Management leader in ALM Pacesetter research

    We are extremely proud to be positioned as a market leader and "Pacesetter" for Enterprise Risk Management by ALM Intelligence. According to the ALM Pacesetters analysis, EY continually innovates to remain at the forefront of clients’ changing ERM needs by combining the outside-in perspective of the EY Megatrends framework with technical expertise interpreting regulatory regimes and industry research on risk management best practices. The strength of EY’s ongoing environmental assessments provide clients with a sound basis for identifying sources of opportunities and threats on a continuous basis.

    Through deeply collaborative relationships with clients, EY ensures the long-term effectiveness of ERM programs by carefully aligning solutions with the client’s complexity, risk tolerance and strategic needs, and by embedding risk intelligence into the operating routines of executive leadership. ERM is a structural component of EY’s Transformation Realized framework as well, enabling clients to productively manage uncertainty when innovating.

    Source: ALM Pacesetter Research: Enterprise Risk Management 2020-2021, Liz DeVito, February 2021

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    EY named a Supply Chain leader in ALM Intelligence Pacesetter Research 2021-2022 

    We are extremely proud to be positioned as a market leader and "Pacesetter" for Supply Chain by ALM Intelligence. According to the ALM Pacesetters analysis, over the past couple years EY, acknowledged where its strengths lay, reorganized itself to deliver end-to-end transformations – strategy and business model, operational, risk and assurance, financial, tax, human capital, distribution, technology – with digital transformation an important common thread running throughout. As part of this reorientation, EY has also been doubling down in recent years to deeply integrate its service approach in a handful of critical service areas, driving greater cohesiveness in its service delivery, and supply chain is one of those areas. EY sees supply chain as a single continuum, from procurement, sourcing and payments through supplier relationships and ultimately to the user/customer experience, with the emphasis on digital ecosystems “and market networks that enable hybrid forms of cooperation and competition.”

    More so than in most other practice areas, EY’s approach to supply chain is asset-intensive using data analytics, cloud, machine learning, automation and blockchain, with more than thirty in-house proprietary tools. EY has also developed a large ecosystem of alliance partners with which it extends its own technical capabilities, including an innovation hub with Nottingham Spirk for product reengineering. Managed services and outsourcing have also become prominent in EY’s offering. EY also collaborates with Procter & Gamble to help foster digital innovation and supply chain excellence for clients.

    Source: ALM Intelligence Pacesetter Research - Supply Chain 2021-2022, Tomek Jankowski, July 2021

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    EY positioned #1 in HFS Top 10 Supply Chain Service Providers report

    We are proud to be ranked #1 by HFS in its " HFS Top 10 Supply Chain Service Providers" report.

    According to HFS, EY’s strengths are " Fully integrated globally delivering strategy through implementation, strong repository of proprietary technology assets, global reach and scale, pandemic response and differentiated partnership with P&G."

    Source: HFS Top 10: Supply Chain Service Providers, Saurabh Gupta, Ram Rajagopalan, Tanmoy Mondal, Mayank Madhur, June 2021 

    Download excerpt here

  • Technology Consulting

    EY’s Managed Services profiled by IDC

    We are extremely proud to share that EY was profiled by IDC in their special report titled ‘IDC Link: EY Moving Managed Services Into the Spotlight’, published June 2022.

    IDC came away from the analyst day knowing that EY's managed service is a unified approach for supporting clients within areas of buyer businesses that EY leverages beyond cost savings for added buyer advantage. EY's modular design allows their clients to sign up with as much or little of their sources as needed. EY is not constrained in their ability to capture enough talent across compliance, tax, audit, and risk to meet their growth demands due to their practice of hiring the best talent from the departments that EY is tasked to manage.

    While traditional BPO providers can manage and support the outsourcing of lower end activities (i.e., journal entries, reconciliations, and lease accounting) with hundreds of FTE's, EY's core differentiation comes with their depth of domain knowledge and expertise/skilled resources in areas such as tax, financial/non-financial (ESG) reporting, compliance, and specialized finance (treasury and controllership).

    IDC has seen a move towards managed services as the next step in the push to make ESG "business as usual" in today's market. EY takes a similar stance as they continue to develop their "one stop shop" managed service for organization wide ESG measurement and reporting. As per the report, with the largest globally integrated sustainability practice in the world, IDC expects to see EY's sustainability managed service continue to add to its capabilities, use-cases, and client base in the coming months.

    Source:  IDC Link: EY Moving Managed Services Into the Spotlight, By: Alison Close, Dan Versace, Craig Robinson, Bill Latshaw, Jennifer Hamel, June 2022, IDC #lcUS49428122

    Read on idc.com

    EY named a Leader in the IDC MarketScape: Worldwide SAP Implementation Services 2022 Vendor Assessment 

    We are proud to announce that EY has been recognized as a Leader in the IDC MarketScape: Worldwide SAP Implementation Services 2022 Vendor Assessment.

    According to the IDC MarketScape, EY achieved a strong buyers rate for its ability to meet the project timeline and handling changes in project scope and for its custom application development capabilities. Similarly, IDC views EY highly for its functionality/offering road maps and its growth strategy related to deals by SAP next-generation solutions.

    Source:  IDC MarketScape: Worldwide SAP Implementation Services 2022 Vendor Assessment, By: Ali Zaidi, June 2022, IDC #US48395822
    Disclaimer: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

    Read on idc.com

    EY named a Leader in 2022 Gartner® Magic Quadrant™ for SAP S/4 HANA Application Services 

    We are delighted to be positioned as a Leader by Gartner in the Magic Quadrant for SAP S/4 HANA Application Services. According to Gartner, “Leaders are performing well today, gaining traction and mind share in the market; they have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. Leaders have built a considerable S/4HANA track record and capabilities across multiple industries, geographies, deployment approaches or modules.” 

    Source: Gartner Magic Quadrant for SAP S/4HANA Application Services, Worldwide, Allan Wilkins, Jaideep Thyagarajan, Fabio Di Capua, Peter Adamo, Duy Nguyen, Luis Pinto, June 2022 - ID G00754566
    Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and Magic Quadrant are a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

    Read on gartner.com

    EY recognized as a leader in The Forrester Wave™: Robotic Process Automation Services, Q2 2022

    We are delighted to be positioned as a Leader in The Forrester Wave™: Robotic Process Automation Services, Q2 2022. According to Forrester Research, “EY excels with a sharp focus on client success.” The research firm also called out that EY “excels at enabling specific business transformation” outcomes for its clients, is also a top partner for RPA product vendors and its “roadmap consists of investing in extending process automation with sector-specific integrated solutions, skills expansion, and ML-integrated automation products”.

    Source: The Forrester Wave™: Robotic Process Automation Services, Q2 2022; Authors: Leslie Joseph, Glenn O'Donnell, Ashutosh Sharma, Min Say, Bill Nagel (published June 2, 2022)

    Read on forrester.com

    EY named a Leader in the IDC MarketScape: Worldwide Intelligent Automation Services 2022 Vendor Assessment

    We are extremely proud to announce that EY has been recognized as a Leader in the IDC MarketScape: Worldwide Intelligent Automation Services 2022 Vendor Assessment.

    According to IDC’s analysis, EY was rated highly by buyers for its ability to provide high-quality technical and interpersonal skills, showcase and codevelop relevant use cases for intelligent automation solutions, and deliver tangible results. EY’s “end-to-end lifecycle of intelligent automation services portfolio”, breadth of technology alliances, and employee skills and retention were also noted by the analysts.

    Source:  IDC MarketScape: Worldwide Intelligent Automation Services 2022 Vendor Assessment, By: Jennifer Hamel, May 2022, IDC #US48061422e
    Disclaimer: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

    Read on idc.com

    EY named a leader in The IDC MarketScape: Worldwide Cloud Professional Services 2022 Vendor Assessment 

    We are extremely proud to announce that EY has been recognized as a leader for cloud professional services. According to IDC, EY provides end-to-end cloud professional services, ranging from strategy to implementation. The firm provides a wholistic approach to cloud technology services by providing deep business and industry knowledge, attention to risk management, experienced practitioners, and delivery centers.

    Source:  IDC MarketScape: Worldwide Cloud Professional Services 2022 Vendor Assessment, By: Gard Little, April 2022, IDC #US48061322
    Disclaimer: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

    Read on idc.com

    EY placed in winner’s circle in HFS Top 10 Application Modernization Services, 2022 report

    We are proud to be ranked as a leader in the HFS Application Modernization Services, 2022 Top 10 report as a ‘business and tax consultancy bringing together applications services to deliver tangible improvements in user experience’. According to HFS, “EY stood out with its clients on taking a fresh approach to delivering engagements. It consistently brings applications with strong project management, development talent, and focus on the end-state and achieve this with solid migration tools and a suite of automated code conversion solutions.”

    Source: HFS Top 10: Application Modernization Services, 2022, Joel Martin, Martin Gabriel, February 2022

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    Gartner® recognizes EY as a Leader in the Magic Quadrant™ for Data and Analytics Service Providers, 2022

    We are proud to be positioned as a Leader by Gartner for Data and Analytics Services. According to Gartner, “Leaders provide offerings that meet demand in D&A services and demonstrate the vision necessary to sustain their position as requirements for asset-based consulting and services evolve in the market.”

    Source: Gartner Inc., Magic Quadrant for Data and Analytics Service Providers; Jorgen Heizenberg, Gareth Herschel, Twiggy Lo, Shubhangi Vashisth, Ankush Jain; February 2022, G00746165
    Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
    Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

    Read on gartner.com

    EY positioned #3 in HFS Top 10 Enterprise Blockchain Service Providers Report 2021

    We are proud to be ranked #3 by HFS amongst Enterprise Blockchain Service Providers 2021. According to HFS, EY has strong public blockchain vision, expertise, and investments. The report highlights that EY has a wealth of expertise and experience developing solutions that drive business value and achieve impressive network effects. At the same time, enterprises and vendors alike are increasing their investment in public blockchains; EY is ahead of its competition.

    Source: HFS Top 10: Enterprise Blockchain Service Providers 2021, Saurabh Gupta, Sam Duncan, December 2021

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    EY featured in IDC Perspective report titled "Asahi and EY: Buyer Case Study Shows It's Not Too Late to Start a Digital Transformation for Better Business Outcomes"

    We are extremely proud to be featured in the IDC Perspective report which provides a case study of Asahi Europe and International (AEI), on its digital transformation journey. It describes the strategies Asahi has adopted to advance in the market and design better customer and employee experiences with the help of EY.

    According to the report, “What made EY stand out, was its dedication to a co-development partnership, putting humans at the center, and its willingness to quickly bring the Asahi team up the digital transformation learning curve. In fact, EY's experience running such types of projects in parallel, and managing the numerous integration points and stakeholders, is part of EY's Transformation Realized approach and was key to the company's added value. EY services for Asahi include the following: project transformation management office, commercial advisory, technology platform build and deployment, logistics advisory, and licensing, legal, and compliance support.”

    Source: IDC Perspective: Asahi and EY: Buyer Case Study Shows It's Not Too Late to Start a Digital Transformation for Better Business Outcomes, By: Gard Little, December 2021, #US47768721

    Read on idc.com

    EY recognized as a leader in The Forrester Wave™: Global Cybersecurity Consulting Providers, Q4 2021

    We are delighted to be positioned as a Leader in The Forrester Wave™: Global Cybersecurity Consulting Providers, Q4 2021. According to Forrester Research, “EY showed its ability to operate across multiple divisions in complex multinational clients with regulatory pressure brought by dozens of oversight bodies simultaneously.” The research firm also called out EY Cybersecurity’s strategic focus and vision, experience in large-scale complex projects, and willingness to offer creative solutions as notable strengths.

    Source: The Forrester Wave™: Global Cybersecurity Consulting Providers, Q4 2021; Authors: Jeff Pollard, Joseph Blankenship, Melissa Bongarzone, and Peggy Dostie (published November 3, 2021)

    Read on forrester.com

    EY named a leader in The Forrester Wave™: Microsoft Business Application Services, Q4 2021

    We are delighted to be positioned as a Leader in The Forrester Wave™: Microsoft Business Application Services, Q4 2021. According to the report, “EY has one of the world’s largest MBAS businesses. The provider enjoys a strong strategic relationship with Microsoft as its Global Advisory Services Partner of the Year and 12-time member of the Dynamics Inner Circle.“

    Source: The Forrester Wave™: Microsoft Business Application Services, Q4 2021; Leslie Joseph, Ashutosh Sharma, Sukriti Dangi, and Bill Nagel

    Read on forrester.com

    EY named a Pacesetter and Cyber market segment leader in the first ALM Pacesetter research: Cybersecurity services 2020

    We are extremely proud to be positioned as a market segment leader and "Pacesetter" for Worldwide Cybersecurity Services by ALM Intelligence. According to the ALM Pacesetters analysis, EY Consulting’s Security By Design approach exemplifies its leadership strategy with its top-down, bottom-up service offering that adapts to a broad range of client challenges and strengthens clients’ cyber resilience with a program of managed services.

    Source: ALM Intelligence Pacesetter Research: Cybersecurity Services 2020, October 2020

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    EY's Global Blockchain Summit 2021 profiled by Technology Business Research, Inc. (TBR)

    We are proud to share that EY was profiled by TBR Inc. in a recent report titled ‘EY Maintains Track Record of Accurately Forecasting and then Delivering on the Future of Blockchain’, published in June 2021.

    TBR has watched the EY Blockchain events blossom in five years from a small coterie of the curious to an army of the passionate. Analysts commented that it is difficult to come away from a Paul Brody dissertation on blockchain and more excited and optimistic about the transformative power of the technology than when they went in. EY, and more specifically, Brody, has a more clear a line of sight on how public blockchain networks will evolve on par with the way the public internet evolved than anyone in the technology industry today.

    Source: TBR Event Perspective: EY Maintains Track Record of Accurately Forecasting and then Delivering on the Future of Blockchain; Geoff Woollacott, Patrick Heffernan, Bozhidar Hristov, Evan Woollacott

    Download pdf report from tbri.com

    EY featured in Technology Business Research Inc. (TBR) Special Report – "EY and Technology: Embedding AI and Moving Beyond Trust"

    We are extremely honored to be featured in TBR’s special report. According to their study, TBR noted that the recommendations for boards to consider when accelerating AI — “assess the current state,” “integrate AI into core” and “measure AI benefits” — perfectly mirror EY’s own consulting offerings around AI. TBR believes EY has substantially changed its approach to technology consulting, from enabled to embedded and scalable, which will increasingly expand the firm’s opportunities with global clients, potentially at the expense of traditionally more technology-centric competitors such as Accenture and Deloitte.

    Source: TBR Special Report ‘EY and Technology: Embedding AI and Moving Beyond Trust’, Patrick Heffernan, April 2020

    Download excerpt here 

  • People Advisory Services (PAS)

    EY named a Pacesetter leader in the ALM Pacesetter research: Employee Well-being 2022-2023

    We are extremely proud to be positioned as a leader and "Pacesetter" for Employee Well-being by ALM Intelligence. According to the ALM Pacesetters analysis, EY triangulates its approach to employee well-being between employee, company and stakeholder expectations, recognizing the importance of aligning the interests of these three key players, taking a holistic approach that incorporates transformation across the organization, the healthcare offering, the work environment, leadership, the overall strategy, the workforce, and the technology systems. EY has also built a significant ecosystem of partners. The firm also utilizes its extensive employee well-being-relevant digital assets and highly evolved internal well-being programs, for instance its “Better Me” model in its Leadership Transformation model.

    Source: ALM Intelligence Pacesetter Research: Employee Well-being 2022-2023, Tomek Jankowski, January 2022

    Download excerpt here

    EY’s People Advisory Services featured in Technology Business Research, Inc. (TBR) Special Report

    We are delighted to be featured in the TBR Special Report titled ‘Humans at the center: EY’s People Advisory Services in the Post-pandemic Workplace’.

    In TBR’s view, EY’s decision to ground humans at the center while thinking about how long-term transformation should resonate with clients while helping the firm maintain its own employee morale and culture.

    The report upholds that based on EY’s strategic decisions to date, combined with the firm’s compelling client use cases and well-managed alliance relationships, TBR anticipates EY will increase its leadership position in the people advisory space.

    Source: TBR Special Report: Humans at the center: EY’s People Advisory Services in the Post-pandemic Workplace’, Patrick M. Heffernan, Kelly Lesiczka, Boz Hristov, January 2022

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    EY named a Workforce Management Services leader in ALM Pacesetter research

    We are extremely proud to be positioned as a market leader and "Pacesetter" for Workforce Management Services by ALM Intelligence. According to the ALM Pacesetters analysis, EY is a constant innovator with a particularly strong capability for applying emerging technologies and intelligent automation to workforce management challenges. EY offers a rich portfolio of workforce management assets and enablers that can be used to digitize workforce, define and assess capabilities, accelerate talent planning for organization design, measure culture and leadership, benchmark practices, analyze data, manage change programs and more.

    Source: ALM Pacesetter Research: Workforce Management Services 2020-2021, Liz DeVito, February 2021

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    EY positioned #1 in HFS Top 10 Employee Experience Services Report 2020

    We are proud to be ranked #1 by HFS in its 'Top 10 Employee Experience Services 2020' report.

    According to Sarah Little, Director of Content and Strategy, CEO's Office at HFS, "EY knows experience. Their top innovation performance is matched by an impeccable Voice of Customer ranking that proves the ability to put thought leadership, internal IP, methodology, and experience solutions fully and consistently into practice "with autonomy and agility", as noted by a client reference. EY delivers holistic employee experience services that break out of a traditional HR focus and create long-term value across the organization."

    Source: HFS Top 10: Top 10 Employee Experience Services 2020, Phil Fersht, Sarah Little, October 2020

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EY Featured in Omdia Special Report highlighting Strategy and Transactions business (Omdia, an Informa Tech business)

We are delighted to share that EY was recently profiled by Omdia (part of Informa Tech) following our first-ever Strategy and Transactions Analyst event with a special report: ‘Service Provider Spotlight: EY Strategy and Transactions and its quest to deliver long-term value,’ by Adrian Ho, published at the end of March.

According to Omdia, EY Strategy and Transactions has the right approach to help CEOs transform their business, realign goals, and deliver long-term client value. In particular, Omdia believes the service line is in ‘a very strong and competitive position’ with one of EY’s biggest competitive differentiations is its access to the C-Suite, especially the CEO. Transformation usually starts and ends with the C-Suite and almost all IT service providers struggle with this and few can work intimately with them to re-shape and re-invent themselves for the future in the way that EY can, across multiple sectors and disciplines.

Source: Service Provider Spotlight: EY Strategy and Transactions and its quest to deliver long-term value. Adrian Ho (Publication Date: March 29 2021)

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EY’s Strategy & Transactions featured in Technology Business Research, Inc. (TBR) Special Report

Titled ‘EY’s Strategy and Transactions Practice Takes Shape Amid Evolution Across The Entire Firm’, the report highlights how EY’s Transaction Advisory Services (TAS) was rebranded as Strategy and Transactions (SaT), also bringing the EY-Parthenon strategy consulting brand under the new SaT practice, as of July 1 2021. Structural changes around strategy consulting and transaction advisory services are not, in TBR's view, merely cosmetic; but rather representative of the wholesale change of EY from a standard white-shoe audit, tax and consulting firm to a full-service technology-enabled transformation agent for its clients. The firm believes the move will help EY build capabilities at scale, allowing EY to better address the full range of facets impacting clients and provide them long-term value.

Source: TBR Special Report ‘EY’s Strategy and Transactions Practice Takes Shape Amid Evolution Across The Entire Firm’, Patrick Heffernan, Geoff Woollacott, Kelly Lesiczka, September 2020

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EY named a Major Contender in Everest Group's Multi-country Payroll (MCP) Solutions PEAK Matrix Assessment 2021

We are delighted to report that EY has been featured as a major contender in the Everest Group report for Multi-country Payroll (MCP) Solutions. “EY, a relatively new entrant to the Multi-Country Payroll market, has quickly risen through the ranks due to its extensive global coverage and a single global technology platform underpinned by in-country local expertise,“ stated Priyanka Mitra, Practice Director, Everest Group. “It’s endeavour to provide a single global governance and operational structure as well as its mobile first approach have been well appreciated by clients and helped it emerge as a Major Contender on the Everest Group Multi-Country Payroll (MCP) solutions PEAK Matrix® assessment."

Source: Everest Group: Multi-country Payroll (MCP) Solutions PEAK Matrix Assessment 2021, Anil Vijayan, Priyanka Mitra, Ravjot Sachdeva, Samarth Kapur, October 2021

For a copy of this report, please contact Agi Donnithorne.

EY named a Legal Operations leader in ALM Pacesetter research

We are extremely delighted to be positioned as a market leader for Legal Departments – Legal Operations by ALM Intelligence. EY Law enterprise legal services encompass legal advisory and legal operations services and are offered in over 90 jurisdictions. According to the ALM Pacesetters analysis, EY Law offers the broadest range of services and the strongest strategic services. The report calls out that Legal Function Consulting is where EY Law really stands out in the legal operations space. The firm provides a transformative service to clients' legal processes, talent models, data and technology strategies to support clients from the starting phases through to full implementation. EY Law teams leverage existing cross-functional relationships and offers a global, multidisciplinary approach to connect the right teams with the right technology, which allows the firm to embed the legal function into the entire business process.

Source: ALM Pacesetter Research: Legal Departments – Legal Operations 2021-2022, Kristie Robertson, September 2021

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EY named a leader for Worldwide eDiscovery Services in IDC MarketScape assessment

We are delighted to see EY named a leader for Worldwide eDiscovery Services in the latest IDC MarketScape Vendor assessment.

The IDC MarketScape noted that EY Forensic & Integrity Services, as part of which EY provides eDiscovery services, have a global footprint and strategically positioned teams that can handle even the most complex technical matters across every region. The diversity of EY forensics and eDiscovery teams was also praised for the added value it generates for clients. The IDC MarketScape also highlighted the seamless switch EY made to fully remote services, as a result of investing in technologies that support remote collaboration across a global network of eDiscovery professional prior to the COVID-19 pandemic.

Source: IDC MarketScape: Worldwide eDiscovery Services 2021 Vendor Assessment, February 2021, doc #US46838220
Disclaimer: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.
Note: For a copy of the report or more details, please contact a member of the Analyst Relations team.

EY positioned #2 in HFS Top 10: Sustainability Services, 2022 report and #1 for Overall Execution

HFS Research has positioned EY as a top-ranked provider for Sustainability Services.We are extremely proud to be ranked #2 by HFS, and #1 for overall execution amongst 18 leading sustainability services firms. According to HFS, EY is setting strategic direction for sustainability at the C-suite with a scaled global practice that complements a powerful ecosystem. The report calls out EY’s broad services spectrum, a globally consistent climate change and sustainability team that was founded 25+ years ago, proprietary digital solutions, and skilling programs including the unique EY Masters in Sustainability as key strengths. 

Source: HFS Top 10: Sustainability Services, Josh Matthews, August 2022

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EY featured in HFS Highlight Report titled 'RCPG Ecosystem Strategies for the Hybrid World'

We are proud to share that EY was profiled by HFS in their recent Highlight Report on 'RCPG Ecosystem Strategies for the Hybrid World' published in June 2022.

HFS recognises that EY is helping "CPG and retail companies reimagine their business models, generate the right insights to build differentiated, high-impact customer experiences that add long-term value to the customer, the RCPG firm and society". HFS refers to EY's "holistic approach" to "drive growth" and "unlock new value". 

Source: HFS Highlight Report - RCPG Ecosystem Strategies for the Hybrid World, Melissa O’Brien, June 2022

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EY named a Leader in IDC MarketScape: Asia/Pacific (Excluding Japan) Digital Transformation Service Providers for Utilities 2022 Vendor Assessment

We are extremely proud to be positioned in the Leaders category in the IDC MarketScape: Asia/Pacific (Excluding Japan) Digital Transformation Service Providers for Utilities 2022 Vendor Assessment (doc #AP46791621, February 2022).

According to the IDC MarketScape, “EY brings the right mix of industry expertise, thought leadership, regional delivery expertise, and partner ecosystem that well-positioned EY to meet the regional needs of the APEJ market. Its broad network is embedded across the region (covering India, China, the Philippines, Australia, New Zealand, Malaysia, Hong Kong, Korea, Indonesia, Thailand, Vietnam, and Singapore) working with many utility companies”.

Source: IDC MarketScape: Asia/Pacific (Excluding Japan) Digital Transformation Service Providers for Utilities 2022 Vendor Assessment, By: Jayesh Verma & Ravikant Sharma, February 2022, IDC #AP46791621
Disclaimer: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

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EY positioned #1 in HFS Top 10 Insurance Services Report 2022

We are extremely proud to be ranked #1 by HFS amongst Insurance Service Providers 2022. According to HFS, EY is a future-ready provider with deep capabilities across consulting, managed services, and finance. The report highlights that EY has a strong mix of experience and capabilities across consulting, managed services, finance, and regulations, positioning it uniquely to help insurance clients navigate challenges across every phase of their transformation journey. Its deep insurance expertise will help it identify industry-specific opportunities at every stage.

Source: HFS Top 10: Insurance Services 2022, Reetika Fleming, Sam Duncan, Mayank Madhur, March 2022

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EY positioned a leader in the latest Verdantix Green Quadrant ESG & Sustainability Consulting 2022

The report evaluates 15 services providers and notes that “EY ranks the highest of all participating firms for ESG and sustainability programme strategy, with a score of 2.6/3.0. The firm has demonstrated a history of engagements with the C-Suite on ESG and sustainability initiatives, illustrating clear capabilities to offer strategic advice across a broad range of areas.”

Source: Green Quadrant: ESG & Sustainability Consulting 2022, Verdantix, January 2022

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EY positioned #1 in HFS Top 10 Life Sciences service providers report

We are proud to be ranked #1 by HFS in its “HFS Top 10 Life Sciences service providers” report.

According to HFS, EY’s strengths are "strong business growth, ability to deliver client outcomes, talent management, and value creation."

Source: HFS Top 10: Life Sciences service providers, Rohan Kulkarni, Mayank Madhur, Dec 2021 

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NelsonHall recognizes EY as a leader in Managed Services

We are pleased to be featured as a leader by NelsonHall in their recent report, ‘Managed Services: Transforming the Financial Services Industry’. According to Andy Efstathiou, Director of NelsonHall’s Banking Operations & Transformation Research, “EY is a leader in managed services for the financial services industry with a mature managed services business. Its strong consulting and application management capabilities, with domain expertise drawn from its experience with many banks, continues to serve it well.”

Source: NelsonHall - Transforming Managed Services in Banking-EY, Andy Efstathiou, October 2020

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EY’s FinCrime practice profiled by Technology Business Research, Inc. (TBR)

We are extremely proud to share that EY was profiled by TBR Inc. in their special report titled ‘Know Your Consultancy: EY’s FinCrime Practice and the Future of Compliance’, published April 2021.

In TBR’s view, while EY’s FinCrime practice does not depend on setting itself apart from peers, especially as professional services firms rarely differentiate from one another; instead, EY succeeds through solidifying trust by offering domain depth and delivering. EY continues to make its FinCrime solutions sticky, converting remediation engagements into long-term managed services clients and expanding the firm’s FinCrime capabilities to include cybersecurity and, potentially, blockchain.

Source: TBR Special Report - Know Your Consultancy: EY’S FinCrime Practice and the Future of Compliance, Patrick M. Heffernan, Kelly Lesiczka, Elitsa Bakalova, Boz Hristov, April 2021

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451 Research report calls out EY’s 15-year global integration and teaming focus across the business to transform itself using data, technology and its diverse talent pool.

We are delighted to report that EY has been featured in 451 Research following our Technology Analyst Summit. According to 451 Research, providers that can transition from providing point services to “managing transformation” via platform-powered professional services that take advantage of IaaS, PaaS, SaaS and a range of new technologies (including big data, automation, IoT and machine learning) are in a leading market position to do this. EY has been working on this approach for several years, and is now demonstrating its progress with its Client Technology Platform to bring the whole of EY to its clients.

Source: 451 Research: EY showcases NextWave strategy as it rebrands its advisory arm as EY Consulting, Katy Ring, October 2020

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EY featured in Technology Business Research Inc. (TBR) Event Perspective report – 'EY 2021: Hybrid and Omnipresent'

We are delighted to report that EY has been featured in TBR's Event Perspective report titled 'EY 2021: Hybrid and Omnipresent', centered around EY's first Virtual Technology Analyst Summit. TBR believes that EY clearly anticipated where consulting was headed during the current pandemic: hybrid engagements, delivered in-person and virtually, substantially aided by technologies, including big bets EY made on AI, blockchain and cybersecurity.

Source: TBR Event Perspective Report 'EY 2021: Hybrid and Omnipresent', Patrick M. Heffernan, Kelly Lesiczka, Geoff Woollacott, Boz Hristov, Dec 2020

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PAC | teknowlogy Group endorses EY’s platform-backed consulting strategy

We are delighted to report that EY’s platform-based solutions have been profiled in PAC’s report following EY’s first-ever virtual Technology Analyst Summit 2020. PAC | teknowlogy Group believes that EY is taking a step in the right direction with its push towards platform-based managed services and its goal to reduce reliance on time and materials engagements. Read more on the firm’s blog.

Source: PAC Blog - Platform play at the heart of EY Consulting's strategy, October 2020

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EY featured in Technology Business Research Inc. (TBR) Special report – "EY Tackles COVID-19 and Prepares for Next and Beyond"

We are immensely privileged to be featured in TBR’s special report. According to TBR, EY had evolved by April 2020, as expected, and had adjusted to the pandemic to lead TBR to believe that “EY has substantially changed its approach to technology consulting, from enabled to embedded and scalable, which will increasingly expand the firm’s opportunities with global clients” and that the firm “fully intended to embrace a new strategy around technology, with solutions designed for reach and scale, a brand seeking to move beyond trust, and an ecosystem managed to ‘create real outcomes’ for clients.”

Source: TBR Special Report ‘EY Tackles Covid-19 and Prepares for Next and Beyond’, Patrick Heffernan, June 2020

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The team

For inquiries about our global organization, please contact a member of our global Analyst Relations team.

Joanna Sharpe

Global Analyst Relations Associate Director
Washington, USA
+1 425 503 6785

Agi Donnithorne

Global Analyst Relations Associate Director
London, UK
+44 78 5469 4376

Suzannah Archibald

Global Analyst Relations Assistant Director
London, UK
+44 20 7197 0996

Abinash Mohanty

Global Analyst Relations Assistant Director
Bangalore, India
+91 991 6120608

Sara Djuric

Global Analyst Relations Assistant Director
New York, USA
+1 212 773 1425

Jayaram Ponnada

Global Analyst Relations Assistant Director
Bangalore, India
+91 872 2802594

Eliza Sadowska

Global Analyst Relations Supervising Associate
Wroclaw, Poland
+48 50 481 45 13

Aleksandra Adamczyk

Global Analyst Relations Senior Associate
Wroclaw, Poland
+38 71 714 91 90

Riya Kurian

Global Analyst Relations Senior Associate
Kerala, India
+91 484 6645721

Chloe Thompson

Global Analyst Relations Senior Associate
London, UK
+44 74 6903 6561