KPMG says it plans to hire 3,500 technologists in the UK over the next three years as it creates a new business unit to deliver digital transformation projects. The news coincides with reports that EY plans to spin off its audit division to form a separate company focused on consultancy, highlighting the changing role of accountancy’s traditional “Big Four” – Deloitte, EY, KPMG, and PwC – and the importance of IT services to their future prospects.
The Products launch by KPMG brings it into line with other services being offered by rival businesses, says Nitish Mittal, Partner at Everest Group. “This specific investment by KPMG is similar to what Deloitte did with its Converge Business, which is a desire to invest in data-centric re-purposable products/platforms to help accelerate client outcomes,” he says. “This is an increasing area of focus by consulting and system integration peers.”