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Industry Landscape
The IT Consulting & Advisory industry is experiencing robust growth, driven by rapid technological advancements like AI, cloud computing, and cybersecurity threats. Businesses increasingly rely on external experts for digital transformation, cost optimization, and navigating complex tech landscapes. Demand for specialized services in CX, hybrid work solutions, and data management is particularly high.
Total Assets Under Management (AUM)
IT Consulting Market Size in United States
~400 billion USD
(8-10% CAGR)
- Driven by digital transformation initiatives.
- Increased adoption of cloud and AI technologies.
- Growing need for cybersecurity solutions.
Total Addressable Market
400 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI in CX
Generative AI, particularly in customer experience (CX), enables personalized interactions, automated support, and proactive engagement, transforming how businesses interact with their clients.
Advanced Cybersecurity Automation
Leveraging AI and machine learning for automated threat detection, response, and predictive security analytics will significantly enhance an organization's defensive capabilities against sophisticated cyber threats.
Hybrid Cloud Management Platforms
These platforms offer unified control and optimization across diverse cloud and on-premise environments, simplifying complex multi-cloud strategies and improving operational efficiency.
Impactful Policy Frameworks
NIST AI Risk Management Framework (AI RMF 1.0, 2023)
The National Institute of Standards and Technology (NIST) published its AI Risk Management Framework (AI RMF 1.0) in January 2023, providing voluntary guidance for managing risks associated with artificial intelligence systems.
This framework will guide Adler Advisors in advising clients on responsible AI adoption, particularly for their CX solutions, ensuring ethical considerations and risk mitigation are integrated into AI deployments.
SEC Cybersecurity Rule (2023)
In July 2023, the U.S. Securities and Exchange Commission (SEC) adopted new rules requiring public companies to disclose material cybersecurity incidents within four business days and to provide annual disclosures about their cybersecurity risk management, strategy, and governance.
This policy increases the demand for Adler Advisors' cybersecurity advisory and managed services as public companies seek to comply with stringent disclosure requirements and enhance their cybersecurity postures.
California Privacy Rights Act (CPRA, 2023)
The California Privacy Rights Act (CPRA), which fully became effective on January 1, 2023, amended and expanded the California Consumer Privacy Act (CCPA), granting consumers more control over their personal information and establishing the California Privacy Protection Agency (CPPA).
The CPRA necessitates that Adler Advisors guide their clients, especially those in CX, on enhanced data privacy compliance, impacting how customer data is collected, processed, and managed for personalization and service delivery.
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