SOURCE: Kennedy Information, Inc.

June 22, 2005 09:48 ET

70% of Consultants News' 75 Top Ranked Consulting Firms Grew Revenue in 2004

Revenue-per-Professional Is Highest Ever for CN75

PETERBOROUGH, NH -- (MARKET WIRE) -- June 22, 2005 -- Consultants News, published by industry watchdog Kennedy Information, has released its annual CN75 ranking of the world's largest consulting practices. Documenting significant operating improvements, Consultants News reports that almost 70 percent of the profession's top firms grew revenue in 2004. An improved economic landscape, in addition to firms' cost-cutting measures, resulted in the CN75's highest ever revenue-per-professional, a key profitability metric.

"These are the first indicators of growth we've seen since 2001," said Jess Scheer, Executive Editor of Consultants News. "And while the economic recovery may have helped, our research shows that growth has less to do with the economy than it does with smart firms, well-positioned to take advantage of market opportunities, especially in specialized sectors. Government, human resources and healthcare are three examples," Scheer said.

In addition to consulting firm revenue rankings, the CN75 includes data segmented by firm size, sector and ownership model, lists best and worst performers, and provides revenue-per-professional benchmarks. Kennedy Information has published Consultants News and a database of proprietary consulting firm rankings for over 30 years.

For more information on the CN75 and Consultants News' annual rankings issue, call 800-531-0007 or +1-603-924-0900 ext. 628, or visit www.ConsultingCentral.com/CN75.

About Kennedy Information, Inc.

Kennedy Information, Inc., the leading information source on management consulting since 1970, publishes The Global Consulting Marketplace, Benchmarks in Management Consulting, and other research reports annually; the monthly news services Consultants News, Global IT Services Report and Management Consultant International; as well as Consulting Magazine and The Directory of Management Consultants. It also produces annual conferences for thought leaders in consulting and powers the Web portal www.ConsultingCentral.com.

Contact Information

  • CONTACT:
    Dan Daly
    Business Development Director
    Kennedy Information, Inc.
    800-531-0007 or +1-603-924-0900 ext. 628
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