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) and Splunk Inc. (NASDAQ: SPLK) have launched a new business group aimed at enhancing technology investments and providing innovative solutions for enterprises. This collaboration focuses on maximizing insights from data, particularly through AI-powered IT operations, security automation, and intelligent supply chains. With a team of approximately 8,000 skilled professionals, the group aims to help clients leverage real-time data to improve operations. The partnership has already demonstrated success with clients like Coles Supermarkets, improving supply chain management and customer satisfaction.
Accenture (NYSE: ACN) has acquired Xoomworks Group, a consulting and technology firm specializing in procurement technology and digital innovation. This acquisition aims to enhance Accenture's capacity to assist clients in technology-led business and procurement transformations. With over 250 professionals, Xoomworks operates in various countries, including the UK, Germany, and Sweden. The addition strengthens Accenture’s Closed Loop Spend Management capabilities, promoting sustainable cost savings and improved procurement processes.
Accenture Federal Services (AFS) has unveiled a new report titled Futureframe: Human-Centered Design at Societal Scale, marking the fifth anniversary of the Accenture Federal Studio. The report outlines actionable steps for federal agencies to enhance customer experiences, especially post-pandemic, highlighting the need for digital transformation and equitable service delivery. It details a methodology that combines human-centered design and technology to improve efficiency in federal benefits and assistance programs, pivotal in meeting rising public expectations.
Digital Directors Network (DDN) has announced its first online corporate governance Masterclass with Accenture (NYSE: ACN), set for November 16. This initiative aims to enhance U.S. public company corporate directors' governance skills on cybersecurity and systemic risk. The course, free for participants, includes a Certificate of Completion and will cover topics like the DiRECTOR™ framework and cyber threat intelligence. DDN and Accenture emphasize the importance of boardroom education in mitigating escalating cybersecurity risks.
Accenture and Avanade have been named a Leader in the Everest Group PEAK Matrix® for Microsoft Dynamics 365 2021. They excelled in both Market Impact and Vision & Capability, notably in sectors like banking and retail. The report emphasizes their ability to drive end-to-end transformation and recognizes their investment in tools for Microsoft Dynamics 365. Accenture’s technical expertise and Avanade's industry insights further enhance their market position. This accolade reinforces their role as a strategic partner in the Microsoft Dynamics 365 services market.
Accenture (NYSE: ACN) has been recognized by Gartner for its Life Insurance & Annuity Platform (ALIP) in their report "Critical Capabilities for Life Insurance Policy Administration Systems, North America." ALIP ranked among the top three vendors in key categories such as Individual/New Business Onboarding and Digital User Support. This recognition highlights Accenture's investments in cloud solutions, automation, and partnerships, enabling clients to enhance agility and accelerate digital transformations, crucial for growth in the evolving insurance landscape.
Accenture (NYSE: ACN) has acquired Glamit, an e-commerce agency based in Buenos Aires, Argentina, enhancing its commerce capabilities. Glamit specializes in experience design and technology, providing solutions that cater to the rapidly growing Argentinian e-commerce market. This acquisition aims to bolster Accenture Interactive's omnichannel e-commerce and marketing solutions. Glamit's 260 employees, known for their partnerships with leading technology firms, will now integrate into Accenture, facilitating a balance between complex and simple digital commerce experiences for clients.
New research from Accenture (NYSE: ACN) indicates that 70% of global marketing executives report employee burnout. However, 17% of these executives, termed 'Thrivers', are thriving in this environment by adapting to customer needs. Thrivers have energized their teams and report a stronger marketing approach, focusing on customer motivations and meaningful work. The report highlights Thrivers' strategies, including customer reconnection, collaboration, and quick adaptation to change, which are key to their success.
Accenture (NYSE: ACN) has announced the successful acquisition of BENEXT, a product consulting firm specializing in agile coaching and data science. This strategic move adds approximately 160 skilled professionals to Accenture's team, enhancing its capabilities in product management and cloud-based development. While financial terms were not disclosed, the acquisition is intended to boost Accenture's European and global offerings, particularly in cloud services and customer experience. This acquisition follows Accenture's intent to purchase BENEXT announced on September 7, 2021.
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