Consulting in the age of recession

What rules are changing from 1st April 2023?

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03 Nov'22

Consulting requirement is estimated to rise amidst speculation of recession. It is predicted that the technology spending within business and consumer expenditure is anticipated to rise 5.9% in constant currencies for 2022 and 6.3% in 2023.

This could result in companies on the path to cut their spending, however IT expenditures are projected to grow.

The figure below emphasizes the Gartner IT Market Databook spending pre-determines 2022 growth rates on the horizontal and the CAGR growth rates from 2020 to 2026 on the vertical.  The size of each bubble indicates the 2022 forecast market size

Consulting in the age of recession

At Invenics we provide strategic and ‘executable’ technology advisory to companies to meet their business goals and deliver business-critical technology projects from planning, designing the architecture, delivering and managing the solution.

We collaborate and consult with your IT, business stakeholders and services eco-system to carefully analyse and provide our independent technology consulting advisory tailored to meet your business objectives.

Invenics has recently assisted a £500M turnover European manufacturing OEM to develop their cloud migration strategy.

Our consulting services are laser focused on the areas below:  

  • Cloud
  • Data and Analytics 
  • AI/RPA 
  • Digital
  • SAP
  • Microsoft

For more details, please contact our Associate Director, Rajiv Bedi at rajiv.bedi@invenics.com

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