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.
Accenture (NYSE: ACN) is collaborating with Disney Studios’ StudioLAB to develop interactive movie posters using digital technologies such as cloud and OLED displays. This initiative aims to enhance engagement and provide immersive experiences for moviegoers. The project builds on a successful prototype from 2017, incorporating AI and 4D cameras to personalize interactions. Since the launch of the cloud-based platform in June, over 1,000 sessions have been completed. The updated model was deployed at the El Capitan Theatre and Disneyland for major movie premieres, further extending Accenture's partnership with Disney for three more years.
Accenture (NYSE: ACN) and UiPath (NYSE: PATH) have expanded their collaboration to enhance enterprise automation adoption. This partnership aims to accelerate technology transformation and create growth opportunities. Their joint efforts have already benefited global clients like Uber and the University of Chicago Medical Center, where automation has improved productivity and operational efficiency. The collaboration particularly focuses on scaling automation across organizations, leveraging UiPath's solutions alongside Accenture's industry expertise to drive innovation.
Accenture Federal Services (AFS) is launching a new apprenticeship program in Greater St. Louis, establishing its headquarters at the St. Louis Advanced Technology Center. This initiative aims to provide tech skills to local talent, creating up to 1,400 tech jobs by 2025. The one-year salaried program will support community college graduates, veterans, and underserved communities, allowing them to gain hands-on experience and training in high-demand technologies like Python and Salesforce. AFS's commitment reflects its broader goal to enhance the digital workforce in Missouri.
Accenture (NYSE: ACN) and Efma are now accepting applications for the seventh annual Innovation in Insurance Awards. Established in 2016, the awards celebrate insurers and insurtechs transforming the industry. Last year saw 460 submissions from 289 institutions in 55 countries. Companies can submit their entries until April 8, 2022, across seven categories including Global Innovator and Product & Service Innovation. Winners will be announced at a ceremony on June 15, 2022.
Accenture (NYSE: ACN) has made a strategic investment in Interos, a company specializing in operational resilience and supply chain risk management. The investment aims to enhance supply chain transparency and risk management using AI and machine learning. Interos' platform analyzes various supply chain issues in real-time, addressing vulnerabilities that could result in significant financial losses. With a valuation exceeding $1 billion, Interos joins Accenture Ventures' Project Spotlight, which connects tech startups with major corporations for strategic innovation.
Accenture (NYSE: ACN) has announced the acquisition of Headspring, a cloud-native and platform engineering firm based in Austin, Texas. This acquisition aims to enhance Accenture Cloud First's capabilities, helping clients improve their cloud investments. Headspring, founded in 2001, brings expertise in platform architecture, modernization, and product management, serving various industries. The financial terms of the acquisition were not disclosed, but Accenture's leadership acknowledges the strategic importance of this enhancement to their engineering capabilities.
Accenture (NYSE: ACN) has announced the promotion of 1,030 individuals to managing director, with a record 383 women among them, reflecting 37% of total promotions. Additionally, 143 appointments to senior managing director include 35 women, making up 24% of these roles. The company reported an increase in female managing directors to 27%, working towards a goal of 30% by 2025. The firm also aims to enhance race and ethnicity representation at these levels in the US, UK, and South Africa. These changes are effective December 1.
Accenture (NYSE: ACN) is set to host a conference call on December 16, 2021, at 8:00 a.m. EST to discuss its first-quarter fiscal year 2022 financial results. A news release containing these results will precede the call. Participants can join by dialing the provided numbers, with the call also available live on Accenture's Investor Relations website. A replay of the call will be accessible starting at 11:00 a.m. EST on the same day, continuing until March 16, 2022.
Accenture (NYSE: ACN) has renewed its joint business group with Amazon Web Services (AWS), committing to an additional investment over the next five years. This collaboration aims to accelerate cloud innovation and business transformation through the Cloud Continuum concept. Accenture plans to develop new accelerators to enhance cloud migration speeds by up to 50%. The partnership leverages a portfolio of 175 assets and 20,000 AWS-certified specialists to create industry-relevant solutions across 16 sectors, enabling clients to achieve faster digital transformation.
Accenture (NYSE: ACN) has announced its agreement to acquire Tambourine, a Japanese e-commerce customer experience agency specializing in cloud-based technologies. The acquisition aims to enhance Accenture Interactive's capabilities and support expected growth in Japan's digital commerce market, projected to reach US$217.5 billion in sales in 2021. Tambourine, with expertise in Salesforce Commerce Cloud, will help Accenture deliver improved commerce experiences across various sectors. The financial terms of the agreement remain undisclosed.
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