Porsche Consulting opens new offices in Berlin and Silicon Valley

11 July 2018 Authored by Consultancy.eu

Porsche Consulting has opened two new offices to support the firm’s rapid global growth. The firm, owned by the global motoring giant, reported record sales in the 2017 business year.

While the brand is undoubtedly best known for its line of luxury sports vehicles, the Stuttgart-based Porsche company is a multifaceted organisation, with its own management consulting wing. Porsche Consulting itself is based in Bietigheim-Bissingen, Germany, and was founded in 1994. In the 24 years since, the company has grown to employ some 500 people, placing it among the top 10 largest management consultancies in Germany, according to Lünendonk analysis.

Porsche Consulting posted an all-time high in sales of €139 million in the 2017 business year, rising from €116.5 million the year before. It expects to hire another 100 employees over the current year, primarily experts in new technologies and innovation with extensive professional experience in consulting or industry. Along with this, amid a period of heightened growth, Porsche has added two new presences to its global footprint.

Porsche Consulting launches two new offices and 100 new hires

The firm is active around the world, with locales in Stuttgart, Hamburg, Munich, Milan, São Paulo, Atlanta, and Shanghai. Now, it has opened a new one in its native Germany, in Berlin, and another which sees it grow its presence in the world’s largest consulting industry, in Belmont, in the Unites States’ famous Silicon Valley. The US consulting market is worth over $58 billion, and will allow Porsche to further pursue its chief principle of “strategic vision, smart implementation,” as it looks to support companies worldwide with the optimisation of their performance and innovation capacity.

The new site in Belmont, California is located next to the Electronics Research Laboratory for the Volkswagen Group, Porsche’s parent organisation. There, the consultants will hope to benefit from a close proximity to colleagues who are developing a number of next-generation technologies, particularly in terms of mobility. With interest in autonomous transport ramping up in Europe and abroad, this could prove a key advantage to the consultancy. In Germany, meanwhile, located right next to the Spree River in the district of Friedrichshain, the Berlin office shares a building with the Porsche Digital Lab, a technology lab for the Stuttgart-based sports car maker.

Eberhard Weiblen, Chairman of the Executive Board of Porsche Consulting said of the move; “As consultants, we value direct access to major centres of innovation around the world… Our cooperation with clients begins with ideas and ends with tangible results. We take advantage of connections to universities, start-ups, incubators and accelerators. Our new sites connect us to important networks where we bring together ideas from different industries."

Related: Porsche Consulting: The hidden jewel of consulting.

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