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EY Global Revenue Rises 4.7% to $57B as AI Services Demand Surges

EY reported global revenue of $57 billion for the 12 months to June, up 4.7%, with AI services revenue climbing 49% on client demand for technology implementation. Its Parthenon strategy and transactions business led all service lines, growing 7.4% in local currency.

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AI take

The standout here is not the headline growth but the composition: AI services expanding at roughly ten times the firm-wide rate signals where advisory demand is actually concentrating, while the transactions-led performance suggests deal work is holding up alongside the technology build-out. That mix matters for how the big professional-services firms position themselves against both consultancies and software vendors chasing the same enterprise AI budgets. Whether AI implementation work keeps scaling faster than the traditional audit and tax base — and whether that growth is margin-accretive — is the open question.

Generated by AI for reference only.

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