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Information Technology (IT) Consulting is the business sector which advises commercial undertakings on the application of information technology to run their businesses in the most efficient way and to satisfy their business requirements.As well as providing professional advice, IT consultancies will also provide skilled resources for the design, installation, and management of IT systems on behalf of their client businesses.
IT Consultants will typically recommend IT solutions that will enable companies to improve customer satisfaction, enhance productivity, provide greater security from “worms”, viruses and hardware thieves, as well as ensuring that the systems meet all legislative and regulatory requirements.
IT consultants would normally have degrees in computer science, electronics, technology or management information systems, and those who are employed as business analysts may have degrees in accounting, economics, industrial engineering, finance, or a generalised degree in Business administration (MBA).
The IT consulting industry can be divided into three segments.
The first is the Professional Service firms which maintain a large workforce of highly trained IT professional, and are characterised by their prestigious, (often international) profiles, and can command lofty fees.
The second segment is composed of the Staffing firms which primarily place specialised IT staff in businesses on a temporary basis.
The third segment is composed of the Independent consultants who are self employed and either act as contractors to staffing firms or as subcontractors in their own right, directly to client businesses.