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IBM's Artificial-Intelligence Business Is Booming

The Motley Fool

The company's secret weapon is its consulting business. Consulting is a core driver of our value proposition for clients," said IBM CEO Arvind Krishna in the fourth-quarter earnings call. Software drove just one-third of this business, with consulting signings driving the remaining two-thirds. This makes sense.

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Is Accenture's Deal With Nvidia a Game Changer?

The Motley Fool

One area that is getting overlooked is professional services -- otherwise known as consulting. What role do consulting companies play in AI? On the surface, consulting services may not appear as the most compelling opportunity in the AI realm. Software companies understand this dynamic and generally offer one of two solutions.

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IBM Stock's "Lost Decade" Is Finally Over

The Motley Fool

The company has built two platforms, each of which is bolstered by its vast consulting arm. The consulting business is one of IBM's key competitive advantages. While consulting services aren't nearly as profitable as software, both businesses feed into each other.

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3 Fast-Growing Industries Entrepreneurs Swear By

The Motley Fool

Consulting Consulting could be a good fit for entrepreneurs looking to use their skills to help others. The industry is also growing very fast, and the Bureau of Labor Statistics estimates that consulting jobs will increase 13.5% Services like Similarweb and Glimpse can help you analyze the current competitive landscape.

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3 Small Business Ideas for Risk-Averse Entrepreneurs

The Motley Fool

Consulting If you've built up experience in a specific industry, you can offer your skills through consulting services to help other companies improve their business. on consulting services, and the employment website Glassdoor says the average consultant salary is $88,950. Companies spend $2 billion annually in the U.S.

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Unlock Hidden Profits: Top 5 Low-Cost Startup Ideas for 2024

The Motley Fool

Launch a consulting business I read a book recently where the author had to pivot from a career he had been in for years because of an intense bout of anxiety. After reflecting on his skills and passion, he switched careers and launched a successful consulting business.

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1 Top Artificial Intelligence (AI) Stock to Buy in July

The Motley Fool

With a focus on responsible AI, a thriving consulting business, and strong partnerships, IBM is poised to capitalize on growing demand for AI solutions while delivering solid returns to investors. Consulting expertise and responsible AI IBM isn't just an AI innovator; it's a trusted AI advisor.