In today’s highly competitive and fast-changing services landscape, midsize professional services firms find themselves at a crossroads: how to maintain momentum in revenue growth while unlocking more profitability and resilience.
Recent research reveals an encouraging trend: 85% of firms reported positive revenue growth over the past three years, and nearly one in five experienced annual growth rates of more than 20% — significantly outpacing the average across other industries. But here’s the challenge: profitability hasn’t kept up. Only 67% of firms saw profit growth during the same period, and just 8% exceeded 10% gains.
So, what’s the missing link? The answer increasingly points to agility powered by automation.