EU Business News February 2018

EU BUSINESS NEWS / Q1 2018 13 of the time technology that gives them access to the information they need when they need it.” Ultimately, business is becoming more agile, and the team have no doubt that large consulting firms will adapt to this. Technology is transforming all firm’s interactions, and the vison of Enabling Procurement is certainly one to watch. Contact: Olivier Durand Address: Allee de la Recherche 12, Brussels, 1070, Belgium Phone: 0032 2308 75 50 Website: www.enablingprocurement.com www.solutiam.com How Technology Will Transform the European Consulting Landscape g knowledge. You need market knowledge, benchmark data, we want to help companies get access to the right information, from the right people, so they can make the right decisions.” EP has just made a big step towards making procurement truly agile with Solutiam, a web platform that allows any European business that needs accurate category expertise to get it for a token fee. Sailesh Krishnan, product developer at EP explains more about this website platform. “With Solutiam, it does not matter if you are a business with 200 people or 20,000, if you are looking for benchmark information on the cost of, for example, temporary workers in your region, a genuine expert who has spent his career negotiating contracts for temporary workers will come back to you with the information you need to make the right decisions. We are making this tool available to everyone, even our competitors, as we believe it will help all of us to elevate the procurement community.” This approach presents an interesting perspective on the future of large consulting corporations; if people can share knowledge within the procurement community, instead of asking one consulting firm to provide them with experts (who are probably not even the top experts in the market), they could reach out directly to the top 10 experts authorities for any category. This is the essence of Agility, after all, as so often promoted by consulting firms. Soon, businesses will have to apply it to themselves, and the market is already moving in this direction. Already, 20 to 30 % of the working-age population engage in some form of independent work (“Independent Work: Choice, Necessity and the Gig Economy”, McKinsey Global Institute, October 2016). As a result, we put the question to Olivier and asked him if this transformation is only applicable to procurement. Oliver believes that the relationship between businesses and their advisers will dramatically change in the next five years, as it has already changed between businesses and their workforce in the last 20. “Crucially, the day of the multi- year multi-million transformation programs are numbered. Our clients now want to buy what we can offer and what is unique in our case, is our ability to transform procurement departments from the C level to the shop floor. They want three months of work, and for the rest