Who Are Deloitte Competitors?
Deloitte is a well-known and respected accounting firm. It has a strong competitive advantage over its competitors in terms of services and expertise. PwC is a global consulting firm with a wide range of services that can be used to help businesses achieve their goals. KPMG is an international accounting firm with a wealth of experience in audit, financial planning, and other areas. Accenture is an international business consulting firm with a wide range of services that can be used to help businesses achieve their goals. Infosys is an Indian software company that has developed some of the most popular software products in the world. Capgemini is an Italian consulting company that specializes in risk management and financial analysis.
PwC.
PricewaterhouseCoopers International, commonly referred to as PwC, is one of the world’s largest professional services networks. The firm provides a variety of services such as assurance, risk assurance, tax and advisory, data and analytics, financial services, forensic accounting, and financial advisory. PwC does not provide these services to clients but instead creates a coordinated approach in areas of quality, strategy and risk. The company operates in 157 countries with the majority of its revenue coming from audit, tax and risk advisory. PwC is the second largest of the Big Four accounting organizations and Deloitte’s biggest competitor. PwC’s competitive advantage comes from its large market share in other markets while Deloitte has more market share in the United States. ..
KPMG
KPMG is an international organization and one of the Big Four Accounting organizations. The firm incorporated in London, England has its headquarters in Amstelveen, Netherlands. KPMG provides professional services in areas like actuarial, Assurance, Financial advice, legal advice, tax advice, and consulting services. KPMG operates in over 145 countries with each firm being an independent entity. KPMG is a bit smaller than Deloitte. The company’s employees also boast of a good working environment and good company culture. The services are great and so is customer service. KPMG and Deloitte generate most of their revenue from consulting and advisory. However, Deloitte continues to grow its revenue at a slightly higher rate than KPMG and is therefore more competitive.
Ernst & Young.
Ernst and Young is a multinational company providing professional services and one of the Big Four Accounting firms. The firm has its headquarters in London, England, and majorly provides assurance services. Other services provided by EY are financial advisory, legal services, digital strategy, strategy consulting, and Tax advisory services. The firm operates in 500 countries in over 700 offices. These work as separate legal entities. Deloitte earns more in revenue compared to Ernst & Young. Ernest & Young’s competitive advantage is in its job security and advancement. However, Deloitte provides more in terms of compensation and benefits.
Accenture.
Accenture is a professional services company that provides consulting services, and IT services. It is a Fortune 500 global company and its major clients are Fortune 100 global companies and Fortune 500 global companies. The company’s services include Accenture strategy and consulting, Accenture Song, Accenture operations, and Accenture Technology. In 2021, Accenture’s total revenue was $50.53 billion.
Mckinsey & Company.
McKinsey & Company is the largest management consulting firm in the world. It offers professional services such as management consulting to organizations, governments, and various corporations. McKinsey operates in approximately 65 countries around the world and is very selective in its hiring process. The company does not disclose its financial data but its annual revenue is estimated at $10 billion or more. McKinsey is purely a consulting firm and Deloitte is the largest consulting firm. Deloitte’s competitive advantage is in its ability to provide other services like tax and audit to its clients while McKinsey is considered better than Deloitte in terms of the working environment, management, and compensation and benefits. ..
Boston Consulting Group.
Boston Consulting Group is a management consulting firm that has operations in more than 90 countries and employs approximately 25,000 employees. BCG’s revenue as of 2021 was $11.0 billion. BCG’s major service is management consulting, which is its main competitive advantage.
Deloitte is one of the Big Four accounting firms, which compete strongly with other firms such as EY, KPMG, and PwC. Other competitors include BCG, McKinsey, and company.
