Big Four
Coverage of Big Four in the Nexus archive.
- EY is creating a 'value realization' office to make sure its AI spending pays off
EY has established an "AI Value Realization Office" to govern its AI strategy and centralize spending, aiming to ensure the technology delivers measurable business impact. This new office will monitor usage across various departments like IT, finance, sales, HR, and operations, recognizing that potential value often spans multiple functions rather than remaining departmental silos. The firm states this centralized approach is critical for maximizing return on investment from AI initiatives.
- Grant Thornton is buying CBIZ for $5 billion, creating a Big Four challenger
Grant Thornton is acquiring CBIZ for $5 billion, making it the fifth-largest professional services provider in the U.S. The deal is the largest of its kind in over 25 years and positions Grant Thornton as a challenger to the Big Four.
- The Big Four’s problems Down Under
Elite consulting firms, referred to as the Big Four, are accused of data breaches by the Australian government.
- The global chair of PwC shares 3 takes on what AI means for jobs
Mohamed Kande, global chairman of PwC, shares three perspectives on AI's impact on jobs: AI adoption increases headcount, enhances employee value through soft skills, and reshapes rather than replaces roles. PwC's 2026 global jobs barometer report shows AI-exposed companies grow faster in hiring and wages, with entry-level roles highly exposed to AI flatlining.
- US tax adviser Ryan strikes $400mn deal to take on Big Four in Europe
US tax adviser Ryan's Texas-based group has agreed to buy Svalner Atlas in a $400 million deal, aiming to challenge the Big Four in Europe. The acquisition was anticipated to draw interest from private equity firms.
- KPMG hunts Silicon Valley AI disrupters to Big Four model
KPMG is seeking to partner with or invest in Silicon Valley AI start-ups to mitigate potential threats to its traditional Big Four business model. The firm aims to proactively address disruptions caused by emerging technologies and innovative startups in the AI sector.