McKinsey, BCG, and Deloitte’s new competition is small, fast, and driven by AI

From Yahoo Finance: 2025-04-28 13:15:00

Smaller consulting firms are using AI to challenge industry giants like MBB and Big Four. Founders with traditional consulting backgrounds are leading these boutique firms, focusing on specialized services like pricing strategy and cost reduction. AI integration has helped reduce bureaucracy and offer competitive rates.

Xavier AI, founded by former McKinsey consultant Joao Filipe, offers AI strategy consulting with a proprietary reasoning engine. Perceptis, founded by former McKinsey and Apple employees, streamlines consulting processes with AI for smaller firms. SIB specializes in finding cost savings for clients and operates under a contingency model.

Monevate, founded by a former McKinsey consultant, focuses on pricing strategy for tech companies. Keystone, founded by industry experts, emphasizes operational AI for core business functions. Fusion Collective advises on AI strategy and operational readiness for clients.

Slideworks offers high-end PowerPoint templates created by former top consulting firm consultants. Unity Advisory, a new firm backed by Ernst & Young and PwC executives, focuses on tax, accounting, and technology consulting. These boutique firms are reshaping the consulting landscape with specialized services and AI integration.

Read more: McKinsey, BCG, and Deloitte’s new competition is small, fast, and driven by AI