"Decentralized" is the key word here. Back in 2000, the term Web Consultancy refered to a company with 200+ developers on staff, who would charge you $250/hr to build your site. Nothing ever cost lest than six figures, and any decent site would run you at least half a million dollars.
That is the industry that went away. A few of the little guys (myself included) survived the Mass Extinction, much in the same way that proto-mice survived the alien first strike that killed the dinosaurs.
10 years later, we still aren't seeing any of those giant Consultancies emerging again (at least not onshore). It's just a big mess of little shops. And many of us have product lines to smooth out the revenue curve.
That is the industry that went away. A few of the little guys (myself included) survived the Mass Extinction, much in the same way that proto-mice survived the alien first strike that killed the dinosaurs.
10 years later, we still aren't seeing any of those giant Consultancies emerging again (at least not onshore). It's just a big mess of little shops. And many of us have product lines to smooth out the revenue curve.