LanciaConsult named one of Singapore’s fastest growing companies

09 February 2023 Consultancy.asia 3 min. read

Having reached its tenth anniversary last year, management consultancy LanciaConsult now has another reason to celebrate: being named as one of Singapore’s 100 fastest growing companies.

International business advisory LanciaConsult has been ranked as one of Singapore’s fastest growing companies according to a list compiled by market research platform Statista – hot on the heels of last year celebrating its one decade anniversary.

The management and technology consultancy, which was founded in 2012 and has further operations in the UK and Germany, ranked 71st out 100 companies listed.

LanciaConsult named one of Singapore’s fastest growing companies

Now into its fifth year, Statista’s Top 100 Fastest Growing Companies list published in conjunction with the Straits Times assesses pace of growth according to the uptick in revenues over a four-year period, in this instance between 2018 and 2021. With its revenues rising from below $4.5 million to above $9 million, Lancia was calculated to have achieved an absolute growth rate of almost 110 percent.

“The unwavering support from our team, clients and partners has been humbling and has made the extraordinary growth in the last few years possible. This recognition will motivate us to continue to grow sustainably globally,” commented LanciaConsult managing director Alan Ang, who joined the firm in 2017 after almost a decade with Accenture and now heads up Lancia’s Singapore office.

Notably, in a list top-heavy with technology, software, financial services, and energy & utilities companies, Lancia was one of only two firms listed under the management consulting category to make the grade. The firm offers a range of services to clients in numerous sectors, including business analysis, organisational design, and process & data automation. In 2020, the firm added a global marketing practice.

In addition to its bump in revenues over the past four years – which is equivalent to a compound annual growth rate (CAGR) of close to 28%, Lancia was also noted for having ramped up its headcount from 26 to 70 professionals over the same period. Accenture has been a consistent recruitment ground for Lancia, mirroring the time spent there by co-founder and chief executive Jeffrey Cronkshaw.

“This is a fantastic start to our 2025 Strategic Goals and recognises the momentum we have been building for many years across our entire business,” Cronkshaw said of the recognition. “A huge thank you to all of our amazing partners, clients and colleagues for your trust, support and dedication. We can’t wait to see what 2023 holds for the growth of our Singapore and international offices.”

While the company sets its sights on further growth, it is also distinctly focused on social impact. Last year alone, LanciaConsult staff contributed more than 12,650 hours toward supporting a range of third sector organisations working in areas such as education and the environment – a figure which equates to almost 10 percent of total team time. To leverage its support, the firm also donated over $30,000.