The Management Consulting industry in Malaysia has been experiencing significant growth and success in recent years. As of 2022, the industry has generated an estimated RM 2.5 billion in revenue, with over 20,000 people employed in the sector. These statistics are important indicators of the health and potential of the industry. In this article, we will examine the key factors contributing to the growth and success of the industry, explore the industry's growth and comparison to the previous years, identify key trends including technological disruptions, analyze the challenges facing the industry, and offer insights into the future outlook.
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ATI BUSINESS GROUP
871
+62 21 3502072
ATI Business Group is a Global Business Process Management, Technology and Services Company. Our Clients’ businesses are on remarkable journeys as they strive to deliver the best possible outcomes for their customers. Our aim at ATI in working with our Clients’, is to support their continued growth by providing cost effective technology and talented and scalable people resources on demand. ATI’s singular focus on providing services to the travel and hospitality business communities across the globe has been a remarkably successful one. Since commencing in 2002 with a single discipline of Fare Loading the business has grown today to supporting over 100+ independent work disciplines including Ticketing, Land and Cruise Travel Distribution, Fare Auditing, Finance and Accounting, Robotic Process Automation and Travel Technology. We believe our success has only been achieved by always listening carefully to our Clients’ business needs and by building an effective working partnership based on trust, quality deliverables, responsiveness and efficient communication. For further information on what makes ATI different, please log on to http://atibusinessgroup.com
BAIN & COMPANY
21,514
+60 3-2725 2500
Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client
CAPGEMINI INVENT
20,053
+65 6224 6620
Capgemini Invent is the digital innovation, consulting and transformation brand of the Capgemini Group, a global business line that combines market leading expertise in strategy, technology, data science and creative design, to help CxOs envision and build what’s next for their businesses.For more information: http://www.capgemini.com/invent. Follow us on Twitter @CapgeminiInvent.
CONTROL RISKS
2,692
+65 6227 2038
Control Risks exists to make our clients succeed. We are a specialist risk consultancy that helps to create secure, compliant and resilient organisations in an age of ever-changing risk.Working across disciplines, technologies and geographies, everything we do is based on our belief that taking risks is essential to our clients’ success. We provide you with the insight to focus resources and ensure you are prepared to resolve the issues and crises that occur in any ambitious global organisation.We go beyond problem-solving and give you the insight and intelligence you need to realise opportunities and grow. From the boardroom to the remotest location, we have developed an unparalleled ability to bring order to chaos and reassurance to anxiety.
DELOITTE DIGITAL
9,656
+65 6224 8288
Deloitte Digital combines consulting + creativity to solve new problems with new ideas and unlock growth across the entire customer experience. More than a decade ago, Deloitte Digital created a new model for a new age: an agency + a consultancy. By combining leading digital and creative capabilities with the deep industry knowledge and experience Deloitte is known for, we have helped clients tackle their biggest challenges. New problems are arriving faster than ever before, and we’re using creativity as our solution to forge a path forward and power modern business transformation.
DELOITTE
434,056
+65 6224 8288
Deloitte drives progress. Our firms around the world help clients become leaders wherever they choose to compete. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.The content on this page contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively the “Deloitte Network”) is, by means of this publication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on content from this page.
DELOITTE CONSULTING
2,778
+61 3 9671 7370
Deloitte è tra le più grandi realtà nei servizi professionali alle imprese in Italia, dove è presente da circa 100 anni. I nostri servizi sono offerti da diverse società e studi specializzati in singole aree professionali e tra loro separati e indipendenti, ma tutti parte del network Deloitte. I nostri circa 11.000 professionisti assistono gli oltre 8.000 clienti del network a raggiungere l’eccellenza grazie all’alta qualità del servizio offerto, al nostro approccio multidisciplinare e alla presenza capillare sul territorio nazionale.
FROST & SULLIVAN
2,403
+65 6890 0948
For over six decades, Frost & Sullivan has guided the world’s top companies toward transformational growth journeys that result in a stream of innovative growth opportunities. Frost’s Growth Pipeline as a Service (GPaaS) value proposition allows customers to maximize their economic potential, navigate emerging megatrends, and shape a future based on sustainable growth.
RPS
6,154
+65 6808 5675
Founded in 1970, RPS is a leading global professional services firm of 5,000 consultants and service providers. Operating in 125 countries, working across six continents we define, design and manage projects that create shared value to a complex, urbanising and resource-scarce world.We work across six sectors: property, energy, transport, water, resources, defence and government services. Our services span twelve clusters: project and program management; design and development; water services; environment; advisory and management consulting; exploration and development; planning and approvals; health, safety and risk; oceans and coastal; laboratories; training and communication and creative services.We stand out for our clients by using deep expertise to solve problems that matter, making them easy to understand and by being easy to work with.
FTI CONSULTING
8,709
+61 2 8247 8099
FTI Consulting is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 7,600 employees located in 31 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. Services: AntitrustBusiness Transformation & StrategyCybersecurityData & AnalyticsDispute Advisory & International ArbitrationE-Discovery & Managed ReviewESG & Sustainability Information Governance, Privacy & SecurityInvestigations & MonitorshipsManaged ServicesPolicy & RegulationRisk & ComplianceStrategic CommunicationsTransactionsTurnaround & Restructuring Valuation & DamagesIndustries:Aerospace & DefenseAgricultureAutomotive & IndustrialConstructionEnergy, Power & ProductsEnvironmental Financial ServicesHealthcare & Life SciencesHospitality, Gaming & LeisureInsuranceMiningPrivate EquityPublic Sector & Government ContractsReal EstateRetail & Consumer ProductsTelecom, Media & TechnologyTransportation & Logistics
GEAR INC.
1,247
+84 24 3972 8621
Gear Inc. is an American-owned and operated Game Development Studio and BPO Service Provider with offices around Southeast Asia and expanding globally. We are a global software company with a main focus on Game Development, Quality Assurance, and Image & Content Moderation. This Silicon Valley-owned company has its offices in Vietnam, the US, Indonesia, Thailand, and India. With outsourcing on a constant rise, and Southeast Asia holding all the major accolades, Vietnam has been hailed as one of the strongest concentrations of quality and cost-effective software development.Gear Inc. proudly tops this list with a global portfolio of clients in its subsections: - Alley Labs - https://www.alleylabs.com/ - Game Development for Mobile; - Pure Moderation - https://www.puremoderation.com/ - Brand Moderation for Image & Video, Social Listening, and Customer Support; - Testing Hero - https://www.testinghero.com/ - both manual and automated Quality Assurance for software development with global certifications.We hire exceptionally creative and talented people from all over the globe that bring experience and international standards to the table, and that’s just the start!Commitment to our people is our real strength and the key to success.Company size: 6,000+ employeesFor more information, please visit our: - Website: https://www.gearinc.com/ - Facebook fan page: https://www.facebook.com/GearIncTeam/Gear Inc. - Where Work Is Play!
GLINTS
1,145
+65 6681 6481
Glints is the leading talent ecosystem in Southeast Asia. Our mission is to enable the 120 million professionals in the region to grow their careers and empower organizations to hire the right talent from anywhere in Southeast Asia. Officially launched in 2015 in Singapore, Glints has empowered more than 3 million talent and 50,000 organizations to realize their human potential. Today, we stand at the forefront of human capital empowerment as the fastest-growing startup in the career development and talent recruitment space. Glints currently operates in Indonesia, Malaysia, Singapore, Vietnam, Philippines, and Taiwan.
OUTSOURCED
468
+63 2 8548 8238
Outsourced is a leading ISO certified Philippines staff outsourcing company providing dedicated quality remote staff and offshore staffing services. We specialise in providing professional staff of the highest quality who will continue to exceed your expectations and provide premium offshore solutions to your business. 10+ years business experience200+ clients worldwide600+ employees60+ support staffWith Outsourced you can scale your organisation quickly, easily and cost effectively with dedicated remote staff based in our world-class offices in the Philippines.Our superior recruitment process has been paramount to our offshore staffing success and how we’ve become a leading Philippines Staff Outsourcing provider. Our focus towards the passive candidate allows us to supply quality offshore staffing resources within the top 5% of talent in the Philippines. Start your Outsourced team in the Philippines and save up to 75% compared to hiring locally. Contact Outsourced today.
SYNPULSE
1,217
+65 3163 5500
Synpulse is an international management consulting and technology company, and valued partner of many of the world’s largest financial services providers.
TSA MANAGEMENT
678
+61 2 9276 1400
We are a group of people who manage, consult and partner with industry professionals to radically improve public and private utilities and infrastructure through projects both big and small. Sometimes we help build, other times we advise. We always collaborate for an outcome with a positive impact.
THE ADECCO GROUP
22,713
+65 800 279 6315
We believe in people and their place in the world of work. Everything we do as a company reflects our desire to continually evolve the concept of work for today and tomorrow. We pride ourselves on our ability to deliver a wide range of multi-disciplinary solutions across all sectors and areas of employment. We deliver people solutions on a local and international level, shaping the future of work and the global employment landscape. Our solutions are trusted worldwide and provide a global conscience in human resources. We believe that where work is allowed to thrive, economies grow, and societies prosper. We therefore see it as our duty to provide decision-makers with insight and recommendations, organisations with people and infrastructure, and ultimately, individuals with opportunities. We believe that we’re in a unique position to help organisations navigate change. Our global perspective gives us the data and insight needed to advise and comment on the status and future of the world’s labour markets. Our role is to stand alongside businesses worldwide to empower, enlighten and inspire them to embrace the future.
JACOBS
66,039
+65 1800 828 1120
We deliver impactful global solutions to create a more connected, sustainable world — from intelligence to infrastructure, cybersecurity tospace exploration. Our more than 60,000 employees across 50 countries work every day, challenging the expectations of today to reinvent the way we’ll all live tomorrow.
BECA
4,093
+65 6225 6937
Creative people together transforming the world is our vision. It reflects our culture, our aspirations and our purpose - to make everyday better. We are diverse enough to bring a wide range of perspectives, skills and disciplines to every client and every challenge. Were also a team that understands the power of working together to bring resourceful, smart solutions from our collective experience and insights. And this holds true whether we’re working on a small library for a local community or a multi-site expansion programme for a global food and beverage giant. We have more than 3,700 employees in 24 offices around the world. While our experience has been over 100 years in the making, it is the fresh talent were nurturing, the innovative thinking were developing and the connections that were forging that get us most excited for the future.
EMATIC SOLUTIONS
211
+65 8314 0509
We are a Marketing and Technology Consultancy on a mission to help brands in Asia scale their digital growth with right tech solutions.Our team consists of 220+ Martech enthusiasts (and growing!), who believe making effective Martech investment should be made easy. Thats why we build our expertise in all aspects of Martech - from strategy planning, vendor selection, integration to performance optimization, to help our clients along the journey.We have served more than 300 clients spanning across different industries and business stages in 11 markets - Singapore, Malaysia, Taiwan, Hong Kong, China, Indonesia, Malaysia, Thailand, Philippines, Vietnam, Bosnia and UK.Whether you are looking for a solution for your marketing and technology problem, or are interested in joining us, lets come have a chat!𝗦𝗘𝗥𝗩𝗜𝗖𝗘𝗦⊹ E-commerce⊹ Analytics⊹ Content Marketing⊹ Performance Marketing (Digital ads)⊹ SEO⊹ CRM⊹ CRO (conversion rate optimization)
KROLL
5,684
+65 6589 9190
As the leading independent provider of risk and financial advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex demands. Krolls team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. Learn more at Kroll.com.
Top Management Consulting Companies in Malaysia
Factors Contributing to the Growth and Success of the Industry
One of the key factors contributing to the growth and success of the Management Consulting industry in Malaysia is the government's initiatives to promote the country as a regional hub for consulting services. The government has established various programs and incentives to encourage companies to invest in Malaysia, including the Malaysia International Business and Investment Centre (MIBIC) and the National Investment Aspirations (NIA) program. These initiatives have attracted global consulting firms to establish their presence in the country and have driven the growth of the industry.
Another important factor is Malaysia's strategic location and its reputation as a center for business and commerce. The country has a stable political and economic environment, a highly educated workforce, and a diverse range of industries. These factors have created opportunities for consulting firms to offer a wide range of services and to develop expertise in specific industries.
Growth and Comparison to Previous Years
The Management Consulting industry in Malaysia has been growing steadily over the past few years. In 2022, the industry's value is estimated to reach $1.2 billion, with an annual growth rate of 6.5%. This growth is a reflection of the country's economic development and increasing demand for consulting services.
Comparing this to the previous year, the industry grew by 5.8%, with a value of $1.1 billion in 2021. The industry's growth has been consistent over the past five years, with an annual growth rate of 5.5%.
Key Trends Including Technological Disruptions
The Management Consulting industry in Malaysia is experiencing various technological disruptions. One of the most significant trends is the increasing use of data analytics and artificial intelligence (AI) technologies to improve the efficiency and effectiveness of consulting services. Technologies such as machine learning and natural language processing are being used to automate routine tasks and to provide data-driven insights to clients.
Another trend is the growing importance of sustainability and social responsibility in consulting services. Companies are increasingly looking to address environmental and social issues, and consulting firms are being asked to provide advice on sustainable business practices and social impact. This has created new opportunities for consulting firms to develop expertise in sustainability and social responsibility and to offer specialized consulting services to these industries.
Challenges Facing the Industry
Despite its growth and success, the Management Consulting industry in Malaysia faces several challenges. One of the major challenges is the increasing competition in the industry. As more companies enter the market, competition for clients and talent becomes more intense. Consulting firms need to differentiate themselves by offering unique value propositions and demonstrating their expertise in emerging areas such as data analytics and sustainability.
Another challenge is the need to stay updated with emerging technologies and industry trends. Consulting firms need to invest in research and development to stay informed and to adapt to new technologies and business practices. This requires significant investment in training and development for employees, which can be a challenge for smaller firms.
Future Outlook
Despite the challenges facing the industry, the future outlook remains positive. The government's commitment to promoting Malaysia as a hub for consulting services, combined with the increasing demand for consulting services in diverse industries, is expected to drive further growth and investment in the Management Consulting industry. The ongoing digital transformation of the industry is also expected to continue, with a focus on data analytics and AI technologies.
In addition, the growing importance of sustainability and social responsibility in business practices is expected to create new opportunities for consulting firms. Companies are increasingly looking for advice on how to address environmental and social issues, and consulting firms that can provide specialized expertise in these areas are likely to see increased demand for their services.
Conclusion
The Management Consulting industry in Malaysia has been growing steadily in recent years, driven by government initiatives, Malaysia's strategic location, and reputation as a center for business and commerce. The industry is experiencing various technological disruptions, including the increasing use of data analytics and AI technologies, and the growing importance of sustainability and social responsibility in business practices. While the industry faces challenges such as increasing competition and the need to stay updated with emerging technologies and industry trends, the future outlook remains positive, with expected growth in the consulting services industry, diverse industries, and the ongoing digital transformation of the industry. As the industry continues to evolve, consulting firms need to stay informed and adapt to emerging trends and technologies to remain competitive in the market.