The report identifies EY as one of the fastest-growing business consulting organizations worldwide. According to the report, buyers of business consulting services worldwide regard EY as the most capable of all organizations at integrating risk awareness and solutions within other consulting engagements.

Charalambos Constantinou, Head of Advisory Services at EY Cyprus, says:

“We are proud to be named an IDC MarketScape leader in risk consulting. Today’s business environment means that proactive risk management is more important than ever in helping organizations achieve strategic objectives with confidence and drive trust as a competitive differentiator. Rapidly expanding technology capabilities, changing demographics, geopolitical trends and industry convergence are creating the need for more strategic and nimble risk management practices. As part of our purpose in building a better working world, we are committed to supporting clients to achieve strategic objectives with confidence and transform risk management functions to protect trust in the organization.”

The IDC MarketScape report evaluates companies based on a comprehensive framework and set of parameters that assess and compare global business consulting service providers. The report also examines consulting companies’ attributes thatare conducive to success in specific markets.