Accenture PLC - ACN STOCK NEWS

Accenture's Global Insurance Consumer Study reveals a growing willingness among consumers to share personal health and lifestyle data with insurers in exchange for lower premiums, rising from 58% to 69% over two years. While two-thirds of respondents (66%) are open to data sharing for personalized services, trust in insurers has declined, with only 32% feeling they can safeguard their data, down from 40%. The report underscores the importance of transparency and the balance between digital services and human advisors in rebuilding consumer confidence.

Accenture (NYSE: ACN) is partnering with Henkel to enhance digital skills among employees, essential for navigating shifts in consumption. Since the program's inception in early 2019, over 215,000 training courses have been completed, reducing the external application process time from 30 minutes to just 60 seconds and increasing applications by 40%. The initiative includes skills assessments, personalized training, and creating a ‘recruiter toolbox’ to attract talent for digital roles. This approach emphasizes continuous learning as a core element for long-term growth, aligning with Henkel's business strategies.

Accenture (NYSE: ACN) has been recognized as a 'Leader' in Everest Group's inaugural 'PEAK Matrix® for Pega Service Providers 2021.' The report highlights Accenture's strong delivery value in the Pega services market, particularly in Market Impact and Vision & Capability. Accenture boasts the largest resource pool among assessed providers and has conducted over 550 Pega client engagements across various sectors. This acknowledgment reflects Accenture's commitment to innovation and Pega technologies to drive enterprise transformation.

Accenture (NYSE: ACN) has acquired Wolox, an Argentine cloud native and agile development company, enhancing its digital solutions capabilities. Founded in 2012, Wolox brings over 280 professionals specializing in digital business design and product creation. This acquisition will bolster Accenture's Cloud First initiative, which is backed by a $3 billion investment and aims to accelerate clients' digital transformations. The integration of Wolox's regional talent with Accenture's global expertise is expected to deliver comprehensive value and further drive innovation.

Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has secured a $50 million contract from the U.S. Patent and Trademark Office (USPTO). This five-year blanket purchase agreement mandates AFS to modernize and maintain the agency’s financial management systems for the Office of the Chief Financial Officer. AFS will enhance various systems, including the Enterprise Data Warehouse and reporting tools, while also implementing advanced technologies like AI and machine learning, furthering its commitment to support USPTO's mission.

New research from Accenture (NYSE: ACN) reveals that 61% of industrial owner-operators foresee delays or indefinite holds on new projects due to COVID-19 impacts. The report titled "Building Value with Capital Projects" highlights that while 79% of executives utilize data analytics, only 34% reported cost reductions on completed projects. Additionally, 24% of owner-operators and 14% of EPCs outperformed industry peers in productivity. Key strategies such as strong data leadership and incentive-based contracts could yield a 6.6% increase in return on capital investment for owner-operators.

Accenture (NYSE: ACN) has been recognized as a Leader in both Market Impact and Vision & Capability in the inaugural Everest Group PEAK Matrix® for System Integrator Capabilities on Microsoft Azure Services, 2021. The report highlights Accenture's strong position in the Azure service market, noting its broad offerings and significant investments alongside joint venture Avanade. Key strengths include a large pool of certified professionals and effective client management, enabling faster cloud migrations and ongoing innovation.