Consulting giant BearingPoint has split its operating model into three regional arms and three business units as it marks its ten year anniversary since its management buyout.
The Netherlands-based services firm has combined its France, Belgium, Luxembourg and Africa practices into an FBLA practice led by Eric Falque; Germany, Switzerland and Austria into a GSA unit led by Iris Grewe, and the UK&I, Sweden, Finland, Norway, the Netherlands and Italy put into the GROW unit, led by James Rodger.
The change took effect this month, with each wing having at least 100 people "to build critical mass within all practices".
BearingPoint MD Kiumars Hamidian said the change is an effort by the firm to adapt to the demand for more specialisation in the market and enable "meteoric growth in the coming decade".
Within each of the three new EMEA regions, BearingPoint has also structured its operating model into three specialist units.
BearingPoint's bread and butter, the consulting business, is the first.
Secondly, is BearingPoint's recent business services unit, which was launched in April.
At the time Hamidian told CPI that the unit would be offer IP-driven managed services beyond SaaS because BearingPoint is seeing "more and more of our clients demanding that we do more joint ventures with them".
The third business unit focuses on software for digital transformation and regulatory requirements.
Speaking about his firm's geographical and services restructure, Hamidian said that the move will help it reach its target of hitting €1bn by next year.
"IP creation is something that we already have in our DNA, and we will emphasise this much more," he said.
"We want to make sure that the great work done on projects is leveraged across the firm from everyone at BearingPoint."
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