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) has announced its acquisition of umlaut, a prominent engineering consulting firm based in Germany. This strategic move will bolster Accenture's Industry X services by adding over 4,200 engineers and consultants across 17 countries. The integration aims to enhance capabilities in sectors like automotive and telecommunications, focusing on digital transformation through technologies such as cloud and AI. This acquisition aligns with Accenture's vision to embed sustainability and improve productivity for clients, helping them navigate the increasing demand for digital engineering solutions.
Accenture (NYSE: ACN) received three awards from Adobe in 2021, recognizing its impact on customer success and collaboration. The awards include:
- Digital Experience Solution Partner of the Year (Americas): For strong results and certifications in customer experience.
- Adobe Workfront Global System Integrator Partner of the Year (International): For the third consecutive year, reflecting ongoing joint marketing success.
- Adobe Workfront Global System Integrator Partner of the Year (Americas): For the fourth year, highlighting innovation in client solutions.
These accolades underscore Accenture's ongoing commitment to enhancing client experiences globally.
The latest report from Accenture (NYSE: ACN) reveals that while 88% of companies understand their current challenges, only 6% are fully confident in predicting future disruptions. The Business Futures 2021 report identifies 25 Signals of business change, highlighting six crucial trends for future success. These include enhanced agility, decentralized decision-making, and the integration of scientific innovation into business strategies. Companies are increasingly prioritizing sustainability and adapting their supply chains and operational models in response to the evolving market landscape.
Accenture (NYSE: ACN) will hold a conference call on June 24, 2021, at 8:00 a.m. EDT to discuss its third-quarter fiscal year 2021 financial results. Prior to the call, a news release with these results will be issued. Participants can join by calling +1 (877) 692-8955 (or +1 (234) 720-6979 for international callers) and must enter access code 4728020 15 minutes early. The call will also be streamed live on the Accenture Investor Relations website, with a replay available post-call.
Efma and Accenture announced the winners of the sixth annual Innovation in Insurance Awards during a virtual event. The competition attracted 460 entries from nearly 300 institutions across 55 countries, reflecting a strong push for innovation in the insurance sector due to COVID-19 disruptions. The awards were given in seven categories, assessed on originality, strategic capacity, and adaptability. Accenture emphasized the rapid transformation within the insurance industry, driven by cloud and data technologies. The winners included AXA XL, Discovery, and Assicurazioni Generali among others.
Accenture (NYSE: ACN) and Dassault Systèmes are collaborating with Alstom to create a cloud platform for product lifecycle management (PLM), aimed at enhancing competitiveness and growth. This platform will streamline collaboration across Alstom’s design offices and standardize engineering, manufacturing, and maintenance processes. Expected to debut in select locations in 2021 and globally in 2022, it is integral to Alstom's digital transformation. Alstom's CIO emphasized that this cloud-first solution supports efficient, collaborative work and meets growth objectives.
Accenture (NYSE: ACN) has acquired Entropia, its first acquisition in Southeast Asia by Accenture Interactive. This strategic move aims to enhance Accenture's market position in experience-led transformation services. Entropia, established in 2016, is recognized for its innovative digital experiences and has a team of over 210 employees. The acquisition is expected to bolster Accenture's digital capabilities amidst a growing digital economy in Southeast Asia, providing better client services and fostering talent growth across the organizations.
Accenture has appointed CEO Julie Sweet as chair of the board, effective Sept. 1, 2021. Sweet, who has been CEO since Sept. 1, 2019, succeeds David Rowland, who will step down from his role as executive chairman and board member. Sweet's leadership during the COVID-19 pandemic and her focus on sustainability and equality are highlighted. Rowland, who has served Accenture for nearly four decades, has significantly contributed to the company’s evolution into digital and cloud services.
FAQ
What is the current stock price of Accenture PLC (ACN)?
What is the market cap of Accenture PLC (ACN)?
What services does Accenture plc provide?
What sectors does Accenture serve?
What recent acquisitions has Accenture made?
What is Accenture's approach to sustainability?
What are some key partnerships that Accenture has formed?
How does Accenture support government agencies?
What is Accenture's workforce size?
How does Accenture leverage AI and digital tools?
What is Accenture's role in the semiconductor industry?
What are Accenture's revenue figures?
