STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Accenture Federal Services Wins $189 Million Centers for Disease Control and Prevention (CDC) Contract

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has secured a $189 million contract with the CDC to enhance its cloud capabilities over a period of three years. This contract aims to modernize the CDC's IT systems and facilitate their migration to a secure cloud environment, enhancing public health data access and overall operational efficiency. AFS plans to leverage its specialized skills and public health experience to support the CDC in achieving its cloud adoption goals.

Positive
  • Secured a $189 million contract with CDC to modernize IT systems.
  • Contract term spans three years, indicating stable revenue stream.
  • Focus on enhancing public health data accessibility and operational efficiency.
Negative
  • None.

AFS Selected to Partner with CDC to Deliver Cloud Modernization for Public Health

ARLINGTON, Va.--(BUSINESS WIRE)-- Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has been awarded a $189 million contract from the Centers for Disease Control and Prevention (CDC) to accelerate the agency’s migration to the cloud. The work is part of CDC’s efforts to adopt modern technology solutions to improve delivery of the agency’s public health mission.

Jill Olmstead, Managing Director and Health Consulting Lead, Accenture Federal Services (Photo: Business Wire)

Jill Olmstead, Managing Director and Health Consulting Lead, Accenture Federal Services (Photo: Business Wire)

“We are excited for the opportunity to help modernize public health systems and improve access to data that is essential to CDC’s work,” said Jill Olmstead, Accenture Federal Services’ managing director and health consulting lead. “We look forward to introducing innovative ways to achieve CDC’s cloud adoption goals through our public health experience, Cloud First capabilities, and innovation investments, to help advance their mission to protect people from health, safety, and security threats.”

Specifically, AFS will work with CDC to modernize its portfolio of IT systems, consider opportunities to enhance the functionality of those systems, and migrate the enhanced systems into a secure cloud environment.

The length of the CDC cloud modernization contract is three years.

About Accenture Federal Services
Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company headquartered in Arlington, Virginia. Accenture’s federal business serves every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, national security, public safety, civilian and military health organizations. Visit us at accenturefederal.com.

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at accenture.com.

Donna Savarese

Accenture

+1 301 250 0660

donna.savarese@accenturefederal.com

Source: Accenture

FAQ

What contract has Accenture (ACN) secured with the CDC?

Accenture Federal Services has secured a $189 million contract with the CDC to modernize its IT systems and migrate them to the cloud.

How long is the Accenture contract with the CDC?

The contract with the CDC is for a duration of three years.

What is the purpose of Accenture's contract with the CDC?

The contract aims to enhance the CDC's cloud capabilities and improve access to public health data.

What is the financial impact of the CDC contract on Accenture (ACN)?

The contract represents a significant financial opportunity, contributing $189 million to Accenture's revenue over three years.

Accenture PLC

NYSE:ACN

ACN Rankings

ACN Latest News

ACN Stock Data

228.12B
624.69M
0.07%
73.08%
0.92%
Information Technology Services
Services-business Services, Nec
Link
United States of America
DUBLIN