A new set of consulting firms is leveraging AI to challenge the classic consulting model. Xavier AI describes itself as the world’s first AI strategy consultant. Filipe said Xavier AI has its own proprietary reasoning engine that is tailor-made for business use cases and can provide detailed sources without the hallucination you might find with other chatbots. He said Xavier can provide both strategy recommendations and actionable plans for implementation. “We created Xavier AI so that anyone could have the power of a consulting firm at their hands when they need it.” Consulting IQ positions itself as an AI-powered boutique consultant dedicated to the needs of SMBs. Once a user registers on the platform, they provide a few basic details about their business — who they are, where they operate, and their challenges. Then they’ll see a list of over 5,000 preloaded prompts in topics ranging from branding to business strategy to sales. Users can converse with the tool for insights on how to optimize their operations. Perceptis aims to help smaller and midsize firms compete with bigger industry players by using AI to streamline some of the more tedious processes in consulting, like proposal writing. Genpact, a professional services company that expects to generate $5 billion in revenue this year, has made a major push over the past year to position itself as a leader in AI strategy. Last year, Genpact launched “Client Zero,” an initiative to design, test, and refine AI solutions in-house before rolling them out to its 800-plus clients. SIB specializes in helping clients like restaurant groups, hospitals, universities, and government agencies find savings in fixed costs — expenses that remain static regardless of how much a company produces. SIB CEO Shannon Copeland told that these are often found in areas that “escape scrutiny,” like fees for telecommunications, utilities, waste removal, shipping, and software licenses. Monevate focuses on pricing strategy for software-as-a-service and high-growth tech companies. It also works with private equity firms to assess the commercial viability of potential investments. James Wilton, Managing Partner said clients usually turn to Monevate when they’ve hit a wall with their current strategy because their product has changed or the market has evolved. Keystone is a strategy consulting firm that advises technology companies, life science companies, governments, and law firms. While many consulting firms are embracing generative AI, which is often used to automate day-to-day work like writing emails or reviewing documents and contracts, Keystone is focusing more on operational AI.. Fusion Collective is an IT consulting firm that offers a range of consulting services to clients, including strategy and management advice, cloud transformation, and AI alignment. Founder Blake Crawford, said that in her experience, clients are seeking AI advice from consulting firms before they’re ready.. Slideworks isn’t necessarily going after consulting firms’ business, though it focuses on something many of the big guys are known for: making powerful slides. Slideworks offers what it calls “high-end” PowerPoint templates and “toolkits” created by former consultants for Bain, BCG, and McKinsey. The idea is to offer access to a library of slides and spreadsheets for areas including strategy, supply chain management, and “digital transformation.” Unity Advisory: Some top UK executives from Ernst & Young and PwC are joining forces to launch a new firm called Unity Advisory. The firm will be chaired by Steve Varley, and led by CEO Marissa Thomas.