The transformative power of AI for consultancy companies

Ai 2024

In an era where data drives decisions and competition is fiercer than ever, artificial intelligence (AI) has emerged as a game-changer for professional services firms. Companies operating in business management, management consulting, and finance consultancy are increasingly leveraging AI to enhance efficiency, deliver deeper insights, and create sustainable competitive advantages. As of late 2025, AI adoption in these sectors is accelerating: over 80% of management consultants use AI in daily work, with 36% reporting it contributes to at least half their processes. Globally, 72% of companies incorporate AI in at least one business function, and the AI consulting services market is projected to grow from $11 billion in 2025 to over $90 billion by 2035.

This article explores why AI is indispensable for these firms, delving into key applications, real-world examples from leading players like McKinsey, BCG, and Deloitte, benefits, challenges, and future outlook. By integrating AI, these companies are not just optimizing operations—they are redefining value delivery in a digital-first world. Continue reading “The transformative power of AI for consultancy companies”

Commission invests to boost global research and innovation leadership

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The European Commission adopted the main Horizon Europe work programme for 2026-2027, a €14 billion investment designed to drive research and innovation (R&I) across the EU’s strategic goals. These goals include achieving climate neutrality, boosting the use of artificial intelligence (AI) in research and innovation, and ensuring resilience in a rapidly changing world.

To achieve this, the programme introduces new cross-disciplinary calls and topics that will boost decarbonisation and the use of AI in research. It also expands the ‘Choose Europe‘ initiative to attract global talent and makes applying for Horizon Europe funding and participation simpler. Continue reading “Commission invests to boost global research and innovation leadership”

A digital ID and personal digital wallet for EU citizens, residents and businesses

Logo Eu Digital Indentity Wallet

EU Digital Identity Wallets will provide a safe, reliable, and private means of digital identification for everyone in Europe. Every Member State will provide at least one wallet to all its citizens, residents, and businesses allowing them to prove who they are, and safely store, share and sign important digital documents.

The European Union’s response to digital identification challenges

Identification is how we prove who we are; think of your ID or driver’s license. With more and more private and public services becoming digital, a safe, reliable, and privacy enhancing means of digital identification is needed for everyone in Europe.

EU Digital Identity Wallets are the European Union’s response to the challenges of digital identification. Every EU Member State will offer its own wallet app, built to the same specifications, to all citizens, residents and businesses in the next few years. Each version of the wallet will be interoperable and will work wherever you are in Europe. Continue reading “A digital ID and personal digital wallet for EU citizens, residents and businesses”