Stephen Foley
speaker
90 appearances
3 recordings
1 series
first heard Apr 2026
last heard 31 Aug
Stephen Foley’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.
Appearances
Good morning.
Well, it's been gathering for a few years, hasn't it, since the launch of Chat GPT?
But things seem to be uh coming to a head as clients now start to get much more confident about taking some project work in-house.
So that's forcing some difficult conversations between consultants and their clients.
And these IT transformation projects, which are at the core of what we're talking about here.
These have been bread and butter for the giant consulting firms now for generations.
We spoke to Bayer, for example, the drug company, which says it's using dozens of AI agents to do things like coding and testing when the consultants come in and map an IT system ahead of trying to bring in new software.
A lot of that can be done much quicker now.
And because it can be done much quicker, that is giving the clients an opportunity.
to say we want you to do it at a lower price.
Well, actually, the industry's gonna have quite a good year this year.
In fact, we talked to the research group Source Global, who has a a prediction that the consulting market will in fact be bigger this year.
And that'll be a surprise to people who look at the share prices of some of the publicly traded consulting firms, which are heavily down.
But what's happening inside these firms is they're trying to build new practices, bringing new skills and new advice for companies that need to know how to implement AI, how to change their companies, how to do cyber security testing now that there's so many more risks.
Amen.
That's certainly true.
Yes.
The humans still have a role.
And in fact, it's interesting, right?
Because some of the big consulting firms over the last few years, McKinsey and the like, they've really moved headlong into implementation of their advice.
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