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Accenture PLC - ACN STOCK NEWS

Welcome to our dedicated page for Accenture PLC news (Ticker: ACN), a resource for investors and traders seeking the latest updates and insights on Accenture PLC stock.

Accenture plc (NYSE: ACN) is a global professional services company headquartered in Dublin, Ireland. With reported revenues of $61.6 billion in 2022, this Fortune Global 500 company specializes in information technology services and consulting. Accenture employs nearly 500,000 professionals across 200 cities in 51 countries, delivering a wide range of services including strategy, consulting, technology, and operations.

The company's core services encompass digital transformation, procurement, and software system integration. Accenture's diverse client base spans various sectors such as communications, media, technology, financial services, health and public services, consumer products, and resources. Recent accomplishments include the launch of a new federal health portfolio following the acquisition of Cognosante, which will enhance mission-driven solutions for federal health agencies.

Accenture is also focused on sustainable business practices. It recently acquired Partners in Performance, a strategy firm specializing in asset-intensive industries, to bolster its capabilities in data and AI. In the semiconductor industry, Accenture expanded its digital engineering services by acquiring Teamexpat, further cementing its leadership in technology-driven solutions.

Through innovative ventures like its partnership with Kraken Technologies, Accenture helps utilities modernize and enhance customer energy management, exemplified by its collaboration with EDF in the UK. The company's federal services arm, Accenture Federal Services, continues to support U.S. government agencies, evidenced by a contract with the TSA valued at up to $170 million to deliver agile technology solutions.

Accenture is committed to driving customer-centric transformations using advanced technologies. Collaborations with leading brands like Bath & Body Works and MI New York underline its ability to leverage AI and digital tools to enhance customer experiences and operational efficiency. By constantly evolving its service offerings and embracing cutting-edge technologies, Accenture remains a pivotal force in the professional services landscape, creating value for clients, shareholders, and communities worldwide.

News

Accenture Reports First-Quarter Fiscal 2024 Results

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Accenture (NYSE: ACN) reported Q1 fiscal 2024 results with revenues of $16.2 billion, a 3% increase in U.S. dollars and 1% in local currency. GAAP operating margin was 15.8%, adjusted operating margin was 16.7%, and GAAP EPS was $3.10, a 1% increase. New bookings were $18.4 billion, a 14% increase. Quarterly cash dividend increased by 15%.
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Accenture and Google Cloud Launch Joint Generative AI Center of Excellence to Help Enterprises Harness the Value of Generative AI

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Accenture (ACN) and Google Cloud collaborate to establish a global, joint generative AI Center of Excellence (CoE) to help businesses adopt generative AI, improve operations, create new lines of businesses, and build unique customer experiences. The CoE will provide industry expertise, technical knowledge, and product resources to build and scale applications using Google Cloud's generative AI portfolio, including Google's latest model, Gemini, which can significantly enhance how large enterprises build and scale with AI to complete highly complex and common tasks. The initiative will also offer specialized access to Accenture data and AI architects and engineers, rapid prototyping services, and access to Google Cloud's differentiated, AI-optimized infrastructure. The CoE arrives at a critical juncture as organizations across diverse industries seek to scale the power of generative AI across their enterprise operations.
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Accenture to Acquire Vocatus, Expanding Its Capabilities in Behavioral Pricing Strategies

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Accenture (ACN) has entered into an agreement to acquire management consultancy Vocatus, which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models. The terms of the acquisition were not disclosed. With the acquisition of Vocatus, Accenture expands its offerings for clients in Europe with greater modeling capabilities for identifying price levels and sales optimization, differentiating from competitors and communicating with customers using behavioral economics effects to predict decision-making and align incentive systems.
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Accenture Nominates Dr. Martin Brudermüller, Chief Executive Officer and Chairman of the Board of Executive Directors of BASF SE, to Join its Board of Directors

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Accenture (ACN) nominates Dr. Martin Brudermüller, CEO of BASF SE, for election to the Board of Directors, bringing expertise in chemicals, finance, and sustainability. If elected at the annual general meeting on January 31, 2024, he will join the Board and serve on the Audit Committee.
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Unilever and Accenture Collaborate on Next Generation AI

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Accenture (ACN) and Unilever join forces to leverage AI research and technology implementation for enhanced productivity and disruptive innovations. The collaboration aims to scale generative AI and explore new applications, building on a three-decade relationship.
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Accenture to Announce First-Quarter Fiscal 2024 Results

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Accenture (ACN) to Discuss First-Quarter Fiscal 2024 Financial Results in Conference Call
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Accenture Launches Specialized Services to Help Companies Customize and Manage Foundation Models

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Accenture (NYSE: ACN) introduces new services to customize and scale the value of generative AI, aiming to help clients effectively use and manage large-language models (LLMs) for specific use cases and proprietary data sources for greater impact.
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Accenture and AWS Collaborate to Help Clients Accelerate Adoption of Amazon Q’s Advanced Generative AI Technology

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Accenture (NYSE: ACN) and Amazon Web Services (AWS) will collaborate to accelerate the adoption of advanced generative AI technology.
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AWS and Accenture Help Merck Use Cloud Technology to Reduce Drug Discovery Time and Accelerate Clinical Trial Development

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Amazon Web Services (AWS) is working with Accenture to help Merck (MRK) move its IT infrastructure to AWS, accelerate scientific research and discovery, and transform its value chain. Merck is using AWS analytics and AI services across its divisions, including a manufacturing platform to improve product availability and yield. The cloud migration will enable Merck to redirect resources to other strategic programs, with significant IT operational savings already realized.
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Accenture to Acquire Rabbit’s Tale to Strengthen Its Creative & Digital Customer Experience Capabilities in Southeast Asia

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Accenture (NYSE: ACN) has announced the acquisition of Rabbit’s Tale, a Bangkok-based creative and digital experience agency. This move will enhance Accenture's ability to create more compelling and personalized digital experiences on a larger scale, strengthening the regional creative, brand, and data capabilities.
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FAQ

What is the current stock price of Accenture PLC (ACN)?

The current stock price of Accenture PLC (ACN) is $362.41 as of January 24, 2025.

What is the market cap of Accenture PLC (ACN)?

The market cap of Accenture PLC (ACN) is approximately 227.2B.

What services does Accenture plc provide?

Accenture provides services in strategy, consulting, technology, and operations, including digital transformation, procurement, and software system integration.

What sectors does Accenture serve?

Accenture serves various sectors including communications, media and technology, financial services, health and public services, consumer products, and resources.

What recent acquisitions has Accenture made?

Recent acquisitions include Cognosante for federal health solutions, Partners in Performance for asset-intensive industries, and Teamexpat for semiconductor industry expertise.

What is Accenture's approach to sustainability?

Accenture focuses on sustainable business practices and leverages data and AI to drive decarbonization and energy transition efforts.

What are some key partnerships that Accenture has formed?

Key partnerships include collaborations with Kraken Technologies for utility modernization, EDF for energy management, and Bath & Body Works for digital transformation.

How does Accenture support government agencies?

Accenture Federal Services provides technology solutions and consulting to U.S. government agencies, including a recent contract with the TSA for agile technology services.

What is Accenture's workforce size?

Accenture employs approximately 742,000 people worldwide, serving clients in over 120 countries.

How does Accenture leverage AI and digital tools?

Accenture uses AI and digital tools to enhance customer experiences, operational efficiency, and strategic decision-making for clients in various industries.

What is Accenture's role in the semiconductor industry?

Accenture expanded its digital engineering services in the semiconductor industry through the acquisition of Teamexpat, specializing in software development for lithography systems.

What are Accenture's revenue figures?

Accenture reported revenues of $61.6 billion for the fiscal year 2022.
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Accenture PLC

NYSE:ACN

ACN Rankings

#39 Ranked by Market Cap
#1532 Ranked by Dividends

ACN Stock Data

227.23B
625.24M
0.07%
73.17%
1.02%
Information Technology Services
Services-business Services, Nec
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