Top Consulting Firms for Technology, Media, Telecommunications (TMT) and IT Strategy (2025)

In this article, we will provide you lists of the top management consulting firms in the practice area of technology, media, telecommunications and IT strategy. Overall, Accenture ruled the technology and IT strategy consulting.

Read more about the top management consulting firms in general and by practice: Top Management Consulting Firms (2025) 

Methodology

Definition

What is technology consulting?

In management consulting, technology consulting (or tech consulting for short) provides services that help businesses leverage modern technologies to enhance business performance, streamline operations, improve decision-making, and ensure scalability for long-term success.

Some of the services that technology consulting firms offer are cloud transformation, cyber security services, technology risks, Internet of Things (IoT), software, etc.

What is media consulting?

Media consulting firms help businesses achieve their marketing and communications goals, i.e. increase the brand awareness and promote the brand image through media communications. 

Media consultants help clients to create effective, cost-effective media strategies and campaigns. They also ensure that the objectives are realistic and backed by actionable plans.

What is telecommunications consulting?

Telecommunications consulting (or telecom consulting for short) provides businesses with services on the hardware and software components of telecom systems. 

Telecom consultants work with clients to determine their telecom needs, assess their current infrastructure, recommend suitable solutions, and offer ongoing technical support. They can design, install, maintain or optimize the telecom systems.

Tech, Media and Telecom as one sector - TMT

Technology, Media, and Telecommunications (TMT) is not just a collection of three separate sectors. It is a field that forms the backbone of the global digital economy. TMT companies build the infrastructure and devices that connect people, businesses, and nations.

TMT consulting firms combine expertise from all three sectors, helping clients manage their technology, media, and telecommunications assets and strategies effectively.

What is IT consulting?

In management consulting, IT consultants help clients on how they can utilize information technology to meet business goals and solve problems. Their support ranges from cybersecurity, digitization, to artificial intelligence. IT consulting is an expertise classification of management consulting.

You may get confused with IT consulting and technology consulting. IT consulting focuses on solving specific technical challenges, like system maintenance, cybersecurity, and IT support. Whereas, technology consulting takes a broader, strategic approach, helping businesses leverage technology for growth, innovation, and digital transformation.

Information technology is a broad term, so it is further broken down to 3 smaller areas of expertise: IT strategy, IT operations and IT architecture. Each area will have its corresponding IT consulting service.

• IT strategy consulting helps companies lay out plans on how they should use information technology to meet business goals

• IT operations consulting helps companies implement, manage, deliver and support IT services for the business needs of internal and external users

• IT architecture consulting helps companies set up specifications, guidelines and principles to design IT solutions

In this article, we will focus more on and present ranking lists of IT strategy.

Sources of data

In this article, we use two sources for the rankings - Vault.com and Consultancy.org.

First, you’ll find lists of consulting firms ranked globally in technology, media, telecommunications and IT strategy. This ranking is based on data from Consultancy.org.

Next, we present lists of top consulting firms in TMT and IT strategy ranked by region. These lists use data from Vault.com.

You can find links to the original sources under each ranking list for further reading.

MConsultingPrep’s database

MConsultingPrep Team have compiled data from the sources above into structured data sheets. In this article, we use those sheets to analyze the rankings and draw comparisons.

You can access the full database here: 2025 Ranking Database of Management Consulting Firms | MConsultingPrep 

Top Technology consulting firms in the world (2025) (Consultancy.org)

Methodology:

The top Technology consulting firms in the world list presents the globe’s leading consultancy firms in the sector, based on Consultancy.org’s unique database of more than 10 million data points per year of clients and consultants, including expertise and consultancy projects delivered in the Technology industry.

Full ranking list:

Original article: Top Technology consulting firms in the world 

Top Media consulting firms in the world (2025) (Consultancy.org)

Methodology:

The top Media consulting firms in the world list presents the globe’s leading consultancy firms in the sector, based on Consultancy.org’s unique database of more than 10 million data points per year of clients and consultants, including expertise and consultancy projects delivered in the Media industry.

Full ranking list:

Original article: Top Media consulting firms in the world 

Top Telecommunications consulting firms in the world (2025) (Consultancy.org)

Methodology:

The top Telecom consulting firms in the world list presents the globe’s leading consultancy firms in the sector, based on Consultancy.org’s unique database of more than 10 million data points per year of clients and consultants, including expertise and consultancy projects delivered in the Telecom industry.

Full ranking list:

Original article: Top Telecom consulting firms in the world 

Top IT strategy consulting firms in the world (2025) (Consultancy.org)

Methodology:

The top IT Strategy consulting firms in the world list presents the globe’s leading consultancy firms specialised in IT Strategy, based on Consultancy.org’s unique global database of more than 10 million data points per year of clients and consultants, including expertise and consultancy projects delivered in the area of IT Strategy.

Full ranking list:

Original article: Top IT Strategy consulting firms in the world 

Key observations from Consultancy.org - 2025 Top Tech, Media, Telecom and IT strategy consulting firms in the world

MBB vs. Big Four: What are the overall ranking differences?

Overall performance:

Overall, rankings of Big Four firms are higher than those of MBB. Mean positions of Big Four across these lists are always higher than those of MBB, just except for the IT strategy list.

Big Four firms had mean positions ranged between #2.75 and #9. At the same time, the MBB’s mean positions ranging between #6.67 and #9.

Top #1 Positions:

None of the MBB reached the top position in any of these Consultancy’s lists. While Big Four firms took the #1 spot in one out of four lists.

Top 5 rankings:

Similar to the top #1 position, none of the MBB appeared in the top 5 across all four lists, while the Big Four had their firms within the top 5 in only one (Media). However, in the list of Technology, the Big Four had its three firms in the top 5, just only EY was out at #6.

Top 10 rankings:

The MBB had all of its firms in the top 10 of two lists. In the two remaining lists, just one firm in MBB failed to secure a spot in the top 10. 

The Big Four had its firms within the top 10 of two lists as well.

A closer look at the MBB firms

As mentioned above, there was no list that any of MBB firms could secured the #1 position.

McKinsey led the MBB in two out of four Consultancy’s lists. In the two remaining lists, it ranked lowest. McKinsey’s best position was #2, the worst was #11 along with the mean position of #6.75.

BCG led the MBB in two out of four lists as well. In the two remaining lists, it consistently placed second among MBB firms. BCG’s best position was #6, the worst was #11 and the mean position was #6.75.

Bain placed second among the MBB in two lists, and placed third in the other two. Its best position was #7, the worst was #13 along with the mean position of #9.25.

A closer look at the Big Four firms

Overall, rankings of Big Four firms were rather stable in three out of four lists, except for the Telecom one, with mean position of #9.

Deloitte typically came second within the group. It ranked second among Big Four in three out of four lists, except for the only one in which it led the Big Four. Deloitte’s best position was #2, the worst was #5 with the mean position of #3.

PwC ranked #1 in the Media list. In others, its positions among Big Four firms were not stable. Across the four lists, PwC’s worst position was #14, with the mean position of #6.75.

KPMG led Big Four firms in two out of four lists. In the other two, it placed third among the group. KPMG’s best position was #2, the worst was #12 and the mean position was #5.

EY often ranked lowest among the Big Four. It came in fourth in three lists, just securing the second position in the list of Telecom. EY’s best position was #5, the worst one was #12 and the mean position was #7.75.

A closer look at Accenture

Besides MBB and Big Four, Accenture also stands out as a notable player in the consulting industry.

Across all four Consultancy’s lists, Accenture consistently ranked within top 4. It ranked #1 in two out of four lists. Its worst position was #4, and the mean position was #2.25.

Top Technology, Media and Telecommunications consulting firms in North America (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list:

Original article: Best Technology: Consulting Firms: TMT Rankings - Vault 

Top Technology, Media and Telecommunications consulting firms in Europe, the Middle East and Africa (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list:

Original article: Best Consulting Firms in EMEA for Technology, Media & Telecommunications Consulting 

Top Technology, Media and Telecommunications consulting firms in Asia - Pacific (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list:

Original article: Best TMT Consulting Firms in Asia-Pacific - Vault 

Key observations from Vault.com - 2025 Best TMT consulting firms by region

MBB vs. Big Four: What are the overall ranking differences?

Overall performance:

Overall, MBB dominated these three Vault’s TMT lists. Whereas, rankings of Big Four firms were quite low. There was no list that a Big Four firm was ranked higher than any MBB firm.

Across these three Vault’s TMT regional lists, the mean positions of MBB ranged between #2 and #2.33, while these of Big Four varied between #7.25 and #8.25.

Top #1 position:

MBB firms took the #1 spot in all Vault’s TMT lists. In contrast, none of the Big Four firms reached the top position in any list.

Top 5 rankings:

All three MBB firms consistently appeared in the top 5 across all three lists, while none of the lists that Big Four had their firms within the top 5. 

Top 10 rankings:

Since MBB firms were always in the top 5, they were also in the top 10 in all lists. Meanwhile, the Big Four had all four firms in the top 10 in two out of three lists. In the EMEA list, none of the Big Four firms could make it into the top 10.

A closer look at the MBB firms

MBB firms consistently held the top positions across all three lists.

McKinsey were always at #1, BCG were always at #2, and Bain often claimed the #3 and #4 positions.

A closer look at the Big Four firms

Overall, the rankings of Big Four firms were rather low. There was no list that any of Big Four could secure the #1 position.

Deloitte usually led the Big Four across these three lists. It held this spot in two out of three lists, just falling behind in the EMEA one. Deloitte’s best position was #5, the worst one was #11, and the mean position was #7.33.

KPMG led the Big Four once. Its best position was #7, the worst one was 10 and the mean position was #8.33.

The placements of EY among the group in these three lists were not stable. It ranked #2, #3 or #4 in different lists. EY’s best position was #7, the worst one was #12 and the mean position was #9.67.

PwC consistently ranked lowest among the Big Four, with the best position at #9 and the worst was #15. Its mean position was #11.33.

A closer look at Accenture

Accenture was always in the top 3 across these three Vault’s TMT lists. It usually had the same rankings with the bottom of MBB, and usually ranked higher than Big Four firms.

Accenture’s best position was #2, the worst was #3 with the mean position at #2.67.

Top IT strategy consulting firms in North America (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list: 

Original article: IT Consulting Firms: IT Strategy Ranking - Vault 

Top IT strategy consulting firms in Europe, the Middle East and Africa (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list:

Original article: Best Consulting Firms in EMEA for IT Strategy Consulting 

Top IT strategy consulting firms in Asia - Pacific (2025) (Vault.com) 

Methodology:

Vault asked consultants to rank the best firms in several areas of business focus. Consultants were allowed to vote for up to three firms as the best in each area, but could NOT vote for their own firm.

Full ranking list: 

Original article: Best IT Strategy Consulting Firms in Asia-Pacific - Vault 

Key observations from Vault.com - 2025 Best IT strategy consulting firms by region

MBB vs. Big Four: What are the overall ranking differences?

Top #1 Positions:

None of the MBB and Big Four reached the top position in any of these Vault’s IT strategy lists.

Top 5 rankings:

There was still no list that the MBB and the Big Four made into the top 5.

However, MBB had two out of its three firms in the top 5 of two lists.

Top 10 rankings:

Across these three lists, all the firms in MBB made it into the top 10. Whereas, the Big Four had all of its firms in the top 10 of only one list.

A closer look at the MBB firms

There was no firm in the MBB could secure the #1 position of the three Vault’s IT strategy lists.

McKinsey took the lead of MBB in two lists. It placed second among MBB firms in the remaining one. McKinsey’s best position was #4, the worst was #5 with the mean position at #4.67.

BCG led the MBB in one list. In the two remaining ones, it placed second. BCG’s best position was #4, the worst was #8 and the mean position was #5.67.

Bain consistently ranked lowest in all three lists. Its best position was #6, the worst was #9, and the mean position was #7.33.

A closer look at the Big Four firms

There was no firms in the Big Four ranked #1 across all three Vault’s IT strategy lists.

Deloitte consistently led the Big Four in all three lists, with its best position at #2. The worst position of Deloitte was #7, while its mean position in these three lists was #4.67.

KPMG’s rankings among the Big Four was not stable across the lists. Its best positions was #8, the worst was #14 and the mean was #10.67.

EY placed second among Big Four in two lists, and placed third in the other two. Its best position was #5, the worst was #13 with the mean position of #9.

Across three lists, PwC was only ranked in the NA list. It secured the #10 position in this list.

A closer look at Accenture

Across the three Vault’s IT strategy lists, Accenture ruled. It consistently rank #1 in all three lists.

Something you should notice…

Don't rely solely on ranking lists

Although the ranking lists above were made by reputable teams with a wide range of data, they don’t always offer the best insights for deciding where you should work. These rankings are often based on the personal preferences of consultants, without a relative or contextual perspective. What one person sees as a strength, another might see as a weakness. 

In that sense, the rankings can be quite subjective.

In addition, overall rankings often lacked nuances. They don’t reflect the specific factors that might matter most to you. That’s why it’s important to look beyond the list.

Key nuances to consider when choosing a workplace

Choosing a company to work for is not about finding the "best" one in general, but about finding the one that fits you best.

Here are some important factors to consider when making your decision:

• Salary, bonuses and other benefits

• Firm culture

• Work - life balance

• Firm's prestige

• And more

These aspects will have a direct impact on your day-to-day experience, so think carefully about what matters most to you.

We'll be publishing blog posts that dive deeper into these factors for different consulting firms soon. Stay tuned!

Ask consultants for review

One of the most practical ways to identify if that firm is truly the right fit is to directly ask consultants for review. Experiences can vary between firms, and even between different offices of the same firm.

That’s why you should reach out to at least three consultants working in the specific offices you want to apply for. Their perspective will provide you with the most reliable and relevant information to help you make your decisions.

 

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