PricewaterhouseCoopers (PwC) is a leading professional services company which was founded in the year 1998. The company was formed by the merger of Coopers & Lybrand and Price Waterhouse. PricewaterhouseCoopers is known as one of the Big Four auditors and the other companies are Deloitte, Ernst & Young and KPMG.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
EY earlier known as Ernst & Young, is amongst the top professional service firms in the world. It is also amongst the Big Four accounting firms. It was founded in 1989 as a result of merger between Ernst Whinney and Arthur & Young & Co.
Deloitte Touche Tohmatsu Limited (DTTL) is also known as “Deloitte” is a UK based company and the second largest private professional service organization in the world. It is a global brand and operates in over 150 countries. They are mainly into delivering audit, consulting, enterprise risk, financial advisory services.
3. McKinsey & Company:
McKinsey and Company is a consulting firm which was founded by James O McKinsey in the year 1926. Marvin Bower has also been credited for creating the organizational structure of the firm. It is considered to be the best consulting firm in the world by experts and the most prestigious to work in.
KPMG is a professional services company which was founded in the year 1987. The company was formed by the merger of Peat Marwick International and Klynveld Main Goerdeler. KPMG is known as one of the Big Four auditors and the other companies are Deloitte, Ernst & Young and PricewaterhouseCoopers.
BCG believes in helping the organizations through their consulting proficiencies to provide competitive advantage in long run. Since 1963, they have helped leaders and organizations build lasting advantage. The independent spirit of always challenging the status quo handed down from Bruce Henderson, BCG’s founder has given the firm the courage to look beyond the obvious to find solutions for the past 50 years.
International Business Machines Corporation called IBM is a multinational organization based in America and specializes in innovation technological solutions. Based in Armonk, New York, United States, IBM is operating in more than 150 countries. Starting off in 1911 as the Computing-Tabulating-Recording Company (CTR) and renaming to "Worldwide Business Machines" in 1924.
7. Bain and Company:
Bain and Company is a global management consultancy firm. It is headquartered in Boston, Massachusetts. The company specializes in providing consultancy related to the merger, acquisition, finance, strategy, operations, etc.
Kearney is one of the biggest consulting firm which is originated after splitting from Mckinsey and which is providing help in strategy development and operations in almost all the industries by establishing their offices in more than 40 countries across the world since 1926. A.T. Kearney tends to work with more than 50% of Fortune 500 companies.
Capgemini is a French multinational, one of the world’s leading management consulting, professional services, transformation, outsourcing and business consulting corporation founded in 1967. Capgemini is headquartered in Paris, France. It was founded by Serge Kampf in Grenoble, France.
Accenture is a professional service company which has an out stretch all over the world. It services are vast namely strategy, consulting, operations, digital, technology to name a few. The company is a Fortune 500 company and they are making a huge impact all over the world.
To conclude, the above article highlights the various competitors which compete with PwC. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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