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.
Medable has been recognized as the Accenture HealthTech Innovation Challenge Innovation Champion for its efforts to enhance patient experiences in clinical trials. The company’s solution enables patients to connect with clinical trial teams through their mobile devices. Medable was one of five finalists showcased during the virtual event, which aimed to tackle significant health challenges. The award highlights Medable’s mission to reduce clinical trial times and improve patient participation amid the COVID-19 pandemic.
Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), secured a $38 million contract with the U.S. Department of the Navy (DON) to enhance its enterprise transformation strategy. Over five years, AFS will provide IT and management consulting services, focusing on data, cloud, cybersecurity, and organizational change management. AFS aims to improve the DON's operational capabilities to adapt to evolving mission requirements, enabling better investment in enterprise modernization and joint-domain capabilities.
Accenture (NYSE: ACN) has partnered with CereProc to develop 'Sam,' the first comprehensive non-binary voice solution for digital assistants. This initiative aims to enhance voice diversity, addressing the predominance of female-only voices, which has been criticized for perpetuating gender bias. The collaboration leveraged feedback from the non-binary community to create a voice that combines elements of male and female intonations. All development resources have been made open-source to promote wider adoption, and the project is part of a broader effort to reduce gender bias in technology.
Accenture (NYSE: ACN) has been recognized as a Leader in application and digital services in capital markets by Everest Group. This assessment evaluated 25 service providers based on their market impact, vision, and capabilities. Accenture's strong performance reflects its ability to assist capital markets firms in modernizing technology and leveraging cloud solutions to enhance customer experiences while reducing costs. The company emphasizes the importance of digital transformation in addressing challenges like rising costs and declining revenues in the capital markets sector.
Accenture (NYSE:ACN) will hold a conference call at 8:00 a.m. EST on Dec. 17 to discuss its first-quarter fiscal year 2021 financial results. A news release with these results will be available prior to the call. Participants can join by calling +1 (877) 692-8955 or +1 (234) 720-6979 internationally. The call will also be streamed live on Accenture’s Investor Relations website. A replay will be accessible from 11:00 a.m. EST on Dec. 17, 2020, through Mar. 18, 2021. Accenture is a global leader in digital, cloud, and security services.
Accenture has appointed Christie Smith as senior managing director to lead its CEO Transformational Change Journey agenda. This role, effective immediately, aims to expand Accenture's transformational change offerings, focusing on change management challenges faced by CEOs and boards. Smith joins from Apple, where she was the Global VP for Inclusion & Diversity and has a strong background in HR leadership. Her expertise is expected to drive value through inclusivity and innovative change management leadership.
Accenture (NYSE: ACN) has announced a strategic investment in Reactive Technologies, a London-based company focused on power and grid technology. This partnership aims to assist utilities in transitioning to low-carbon energy solutions. With renewable energy projected to become the largest electricity source by 2025, Reactive Technologies offers critical analytics and measurement solutions to enhance grid stability. This alliance aims to merge Accenture's industry expertise with Reactive's technology, facilitating better decision-making for energy operators.
Accenture (NYSE: ACN) has enabled Rakuten Mobile to launch a fully virtualized cloud-native mobile network, enhancing its operational efficiency and competitiveness. The network, which handles 2.5 times more data traffic than typical operators, has reduced operating costs by 30%. Accenture provided project management, operations engineering, and developed Rakuten Mobile’s Network Operating System for real-time monitoring and efficiency. The partnership supports rapid software development and the introduction of Rakuten's 5G telecommunications-as-a-service platform, marking a significant innovation in the telecommunications sector.
Accenture (NYSE: ACN) has been identified as a 'Leader' in Everest Group's inaugural 'PEAK Matrix® for ServiceNow Services 2021' report. This recognition highlights Accenture's strength in delivering transformational ServiceNow projects and emphasizes its investments in frameworks and accelerators to enhance service delivery. The report notes Accenture's largest pool of certified ServiceNow resources and superior customer satisfaction compared to peers. The company aims to empower clients with cloud technologies through its Accenture Cloud First initiative.
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