AdvisoryAdvisory’s overall business revenue rose by €1 million (1%) to
€98 million. In our performance improvement business, the combination of an industry-focused strategy, strong development of competences and a client-centric approach is working very well. Revenue increased by €3 million (10%) to €35 million mainly due to better trading conditions. With our big bets we are gaining strong ground in cyber, in digital and analytics. We have introduced a new suite of digital tools to market, published our global information security survey and continued to build our brand presence in analytics through media, events and partnerships.
In August 2015 we completed the acquisition of Integrc to strengthen our governance, risk and compliance services and we continued to build our presence in business intelligence, digital and disruptive technology.
The number of multidisciplinary transformation engagements backed up by business intelligence, data analytics and ICT increased sharply. Information security again showed further growth.
Our risk advisory business decreased by €2 million (-3%). Transition and first-year audits impacted the results of our risk business adversely.
The Advisory workforce in FY 2015/2016 was 4% higher, increasing from 523 FTEs to 543.