How consulting firms are embracing AI to enhance their business valuation
Why read this article?
No longer solely in the realm of science fiction, artificial intelligence (AI) is rapidly becoming a dominant force in the Fourth Industrial Revolution – that of digital transformation.
Many owners of knowledge-intensive services businesses such as IT services, media and marketing agencies or consulting firms will likely be considering how AI fits into their strategy, whether that involves streamlining internal operations or integrating AI fully into their client service proposition.
Further, those looking to sell their business in the future would do well to consider how AI might enhance their market position. Buyers are increasingly interested in acquiring knowledge-intensive businesses with these capabilities and with a limited supply of opportunities out there, those demonstrating the foresight to embrace AI sooner rather than later could expect to command a premium valuation.
We interview business services owners to find out how they are embracing AI to enhance their business.