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Consultants profit significantly from AI adoption opportunities

Financial Times — July 30, 2024, 10:00 PM UTC

Summary: Management consultants are capitalizing on the AI boom, with Boston Consulting Group projecting that 20% of its $12.3 billion revenue will come from AI-related work, equating to $2.5 billion. Accenture has secured $2 billion in AI projects this year. As companies navigate the complexities of AI adoption, consultants are positioned to redesign organizations to integrate AI effectively, despite challenges in realizing its full potential.

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