Recognising KPMG's expertise in cyber security and oper

KPMG recognised as market leader in the latest IDC MarketScapes for Cybersecurity Risk Management and Operations Improvement Consulting Services

KPMG recognised as market leader in current IDC MarketScapes

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The international analyst firm IDC recently published two IDC MarketScape reports that evaluated various companies that offer cybersecurity risk management and value chain management services. According to the study, KPMG was named the global market leader for Cybersecurity Risk Management and Operations Improvement Consulting Services in 2023.

Operations

KPMG was named a market leader in the IDC MarketScape: Worldwide Operations Improvement Consulting Services 2023-2024 Vendor Assessment (doc # US50494723, December 2023). The report states: ‘Clients describe KPMG as a company that listens carefully to their needs and as a trusted transformation partner that supports clients’ long-term success.’ The report adds: ‘KPMG's assessment methodologies and approach provide a practical foundation for organisations transforming their operating model. KPMG demonstrates patience through its willingness to listen and empathise with clients facing different challenges, rather than applying a fixed approach.’

We are proud of the commitment KPMG firms have shown in building leading Operations Improvement competences. The focus of the competences is to help clients achieve lasting change through the adoption of leading practices and digital transformation.

Operations: focus on finance, procurement, supply chain, marketing and sales

The report goes on to say: ‘KPMG is seen as a hands-on and patient organisation that can pivot when needed. These three things are not always possible with providers of management consulting services that support operational improvement solutions.’

The KPMG companies are therefore able to utilise their extensive expertise in the area of operational improvement and combine it with KPMG's own solutions for digital transformation.

KPMG's operational improvement offering provides both breadth and depth. Our experts cover a wide range of critical business functions, including finance, procurement, supply chain, marketing, sales and services. KPMG firms help clients transform by starting with model solutions based on KPMG's deep practice expertise and functional target operating models - pre-configured for leading technology platforms.

KPMG firms leverage the strength of the KPMG network to help their clients align their strategy through the use of technology solutions (‘Connected. Powered. Trusted.’). The aim is to enable the transformation of organisations and functions focused on creating value and delivering differentiated customer experiences. We are pleased that our approach, our solutions and our commitment to our customers set us apart from other providers.

The report concludes: ‘KPMG is a good choice if you are looking for a hands-on operational improvement provider that can adapt to your needs. The company is suitable for organisations seeking global operational improvement to build modern, smart, resilient and trusted businesses that deliver value. The company offers a step-by-step plan to deliver capabilities and implementation support to implement and improve solutions. KPMG's approach is suitable for both lower maturity organisations that need a lot of support and guidance and higher maturity organisations that are looking for a provider that can collaborate on their short and long-term visions. The company can support both types of customers because it is willing to ask questions and respond to customers' needs.’

Cybersecurity

The KPMG companies were named market leaders in the IDC MarketScape: Worldwide Cybersecurity Risk Management Services 2023 Vendor Assessment (doc # US49435222, October 2023). The report states: ‘KPMG has a Cybersecurity Advisory Service and works closely with clients to review, enhance and optimise various cybersecurity processes and solutions. KPMG's talent pool consists of experts who are trained in cybersecurity and have extensive industry experience, and KPMG retains and supports these professionals through various internal training programmes.’

As a KPMG network, we are proud of our experts' commitment to building leading cybersecurity and risk practices that focus on the growing need for integrated enterprise risk management platforms. Our clients rely on us to guide them through a fundamental transformation in processes, procedures, technology and culture to bring together disparate risk management functions. This transformation includes the development of a unified risk definition and the selection of a common platform to create a ‘source of truth’ for risk within the organisation.

Cybersecurity: focus on efficiency and compliance

Our cybersecurity risk management services offer a range of potential benefits, helping organisations to proactively manage risk, meet compliance requirements, operate more efficiently and effectively while reducing costs.

The KPMG firms also bring the strength of the member firms‘ global organisation by providing a range of technology solutions (’Connected. Powered. Trusted.") to enable the transformation of businesses and functions. The focus here is on creating and protecting value. This approach, our digital solutions and our commitment to our customers set us apart.

The report concludes, among other things: ‘Consider KPMG if your organisation needs experienced experts to provide appropriate strategic cybersecurity and risk advice and enable clients to manage their entire transformation journey - to ensure the cybersecurity risk management programme delivers resilience across people, process and technology.’