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We provided IT consulting can be viewed as a three-tier:

Professional services which maintain large professional workforces and command high bill rates. These firms are increasingly sourcing their employees from low-cost nations.
Staffing, which place technologists in businesses on a temporary basis "body shop". Body Shops are typically distinguished from Consultancies by our commercial practice of pricing service by the day (the input), rather than by the results of their work (the outputs, or deliverables).
Independent Consultants, function as contractors, employees of staffing firms, or as subcontractors.