My observation has been that some of the highest priced consultants from IBM come in the area of product specialization - products which IBM sells - and in this area, they _are_ the experts (and perhaps, the only experts) in the field. I haven't seen problems with the quality of work in these cases, but I have seen customers sour on the high fees.
But perhaps your vitriol is directed to the Global Business Services consultants - who are the ones who work on those laaarge projects. I have no first hand experience there, but anecdotes suggest that they are no worse than EDS / Accenture / and others who work in the same space.
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My observation has been that some of the highest priced consultants from IBM come in the area of product specialization - products which IBM sells - and in this area, they _are_ the experts (and perhaps, the only experts) in the field. I haven't seen problems with the quality of work in these cases, but I have seen customers sour on the high fees.
But perhaps your vitriol is directed to the Global Business Services consultants - who are the ones who work on those laaarge projects. I have no first hand experience there, but anecdotes suggest that they are no worse than EDS / Accenture / and others who work in the same space.