The report, titled The Forrester Wave™: Digital Transformation Services Q4 2023, recognized BCG for its emphasis on speed to value through a “think big, start small, scale quickly approach.”
The Forrester Wave™ evaluation assessed 15 digital transformation providers that they deemed “the top vendors in the market.” Participating vendors were categorized as Leaders, Strong Performers, Contenders, and Challengers. BCG was one of five vendors identified as a Leader.
The report stated that “BCG’s emphasis on business strategy consulting and organizational transformation is reflected in its strong capabilities in these areas, relying on established C-suite relationships to create buy-in and collaboration across the organization. With BCG X (the firm’s tech build and design unit), it has established a strong differentiator in business model innovation based on a vast catalog of prebuilt components to quickly assemble new business units while co-innovating with clients to further expand the IP catalog.”
A “Great Fit” for Organizations with Ambitious Transformation Goals
Forrester evaluated digital transformation service providers on 21 criteria which were grouped in three categories: current offering, strategy, and market presence. BCG received the highest score possible (5.00) in the following:
Current offering:
- Business strategy
- Business model innovation
- Emerging technologies
- Accelerator assets
- Organizational design
- Organizational change management (OCM)
- Enterprise transformation
- Insight-driven
- Program management
Strategy:
- Vision
- Innovation
- Global delivery strategy
- Talent strategy
The report stated that “BCG is a great fit for organizations with ambitious transformation goals and a leadership team that is willing to get challenged by the vendor, driving the pace to become a more digitally mature enterprise across all dimensions of change.”
“Digital transformations are hard, especially against the backdrop of global conflicts, volatile economies, and the speed at which new tech is being released and deployed. This is why we emphasize a ‘think big, start small, scale quickly approach’ as we help our clients navigate this challenging landscape,” said Vlad Lukic, global leader for BCG’s Technology and Digital Advantage practice. “We are unique in how we build companies for the future, blending digital and human capabilities to create sustainable competitive advantage.”
Access the full Forrester report here.
ABOUT BCG X
BCG X is the tech build and design unit of BCG. Turbocharging BCG’s deep industry and functional expertise, BCG X brings together advanced tech knowledge and ambitious entrepreneurship to help organizations enable innovation at scale.
With nearly 3,000 technologists, scientists, programmers, engineers, and human-centered designers located across 80+ cities, BCG X builds and designs platforms and software to address the world’s most important challenges and opportunities.
Teaming across our practices, and in close collaboration with our clients, our end-to-end global team unlocks new possibilities. Together we’re creating the bold and disruptive products, services, and businesses of tomorrow.
ABOUT BOSTON CONSULTING GROUP
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Source
hhttps://www.bcg.com/press/12december2023-bcg-recognized-as-digital-transformation-leader