PWC Reports 400 percent Increase in E-Business
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.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.