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.
IonQ, a leader in quantum computing, has reported substantial advancements post its merger with dMY Technology Group Inc. III (DMYI). The company has achieved significant scalability in its trapped ion quantum computers and broadened its presence on major cloud platforms, including Google Cloud. IonQ has established partnerships with notable organizations such as Accenture and Softbank, and has tripled its 2021 bookings expectations to $15 million. The Q2 2021 recognized revenue was $0.1 million, up from zero in the previous year, but the net loss increased to $10 million.
Accenture (NYSE: ACN) will host a conference call on Sept. 23, 2021, at 8:00 a.m. EDT to discuss its fourth-quarter and fiscal year 2021 financial results. A news release with detailed results will be available before the call. Interested participants can join by dialing +1 (877) 692-8955 or accessing the call via the Accenture Investor Relations website. The replay will be accessible online starting at 11:00 a.m. EDT on the same day, and via phone until Dec. 15, 2021. Visit www.accenture.com for more information.
Accenture (NYSE: ACN) has collaborated with Vivienne Westwood to implement a new retail product lifecycle management (PLM) platform based on PTC's FlexPLM® solution. This platform enhances product development and sourcing, improving operational efficiency by integrating data sources and providing visibility across product categories. The initiative aims to streamline communication internally and with supply chain partners, previously hampered by manual processes. Accenture's expertise was noted as pivotal in delivering swift business value.
Accenture (NYSE: ACN) announced its intent to acquire Experity, a prominent Brazilian provider of cloud-based customer experience solutions. The acquisition is set against the backdrop of Brazil's booming e-commerce market, which reached nearly $10 billion in the first half of 2021. The integration of Experity with Accenture Interactive aims to enhance commerce experiences and expand capabilities throughout Latin America. Details of the transaction, including financial terms, remain undisclosed. Completion of the acquisition is subject to customary closing conditions.
Accenture (NYSE: ACN) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for SAP S/4HANA® Application Services, Worldwide, noted for its extensive capabilities across industries. Additionally, it is positioned as a Leader in the Everest Group PEAK Matrix for SAP S/4HANA Service Providers 2021, highlighting its strong market impact. Accenture’s expertise and suite of tools are acknowledged for enabling clients to maximize the value of their SAP investments, particularly in transforming business models in the cloud.
Accenture and IonQ have entered a multi-year partnership to drive quantum computing experimentation across various industries. This collaboration aims to leverage Accenture's expertise to help businesses innovate with IonQ's advanced quantum technology. With global demand for quantum solutions surging, CEO Peter Chapman emphasized the need for companies to prepare for transformative changes. IonQ's quantum systems are accessible via major cloud platforms, including AWS and Google Cloud. Accenture published a report, "Get Ready for the Quantum Impact," detailing business strategies for adopting quantum technology.
Accenture Federal Services (AFS) has appointed Stephanie O’Sullivan to its Board of Managers. O’Sullivan, previously the Principal Deputy Director of National Intelligence at the Office of the Director of National Intelligence, brings extensive experience in operations leadership and intelligence integration. CEO John Goodman stated that her expertise will help AFS enhance its services to meet national security needs, particularly as emerging technologies are vital for government operations. AFS is a subsidiary of Accenture (NYSE: ACN), serving key federal organizations.
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