PWC Reports 400 percent Increase in E-Business

Posted by accountingweb on Mar 13 2000 124 printer friendly

PricewaterhouseCoopers reports a staggering 400 percent increase in revenues for this past fiscal year in its e-Business practice. This amounts to $1.6 billion in revenues.

Perhaps even more surprising is PWC's comment that it expects all business in its management consulting services practice to be related to the very lucrative, yet very new, area of e-Business. It attributes this focus to more and more companies making the transition to the Web to conduct business and enable e-Commerce transactions.

In other news, the firm also is solidifying relationships with various e-business solutions providers, including Evisor, i2 Vignette and Xuma.

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?

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