Accenture Plc

Accenture is a multinational corporation that specializes in professional services, offering a wide array of services and solutions spanning various areas including strategy, consulting, digital, technology, and operations.

Categories

Technology  

#55

Rank

$194.27B

MarketCap IE

IE Ireland

Country

Summary

Accenture is a multinational professional services company that offers a diverse range of services and solutions, including strategy, consulting, digital, technology, and operations. Boasting a global presence of over 500,000 employees, the company is dedicated to helping clients become high-performance businesses and governments by leveraging deep industry expertise, functional knowledge, and a range of proprietary capabilities.

Accenture's extensive portfolio of services and solutions covers the entire spectrum of the business lifecycle, from strategy development and design to implementation and operations. The company's offerings include digital, cloud, and security services, as well as consulting and outsourcing services, all tailored to meet clients' specific needs.

With a strong focus on digital transformation and innovation, Accenture is a leader in emerging technologies such as artificial intelligence, blockchain, and the Internet of Things. The company has built core competencies in digital, analytics, and security, which enable clients to achieve greater efficiency, agility, and scalability.

Accenture's global reach is supported by an extensive delivery network, which spans more than 50 countries around the world. The company's commitment to excellence, innovation, and sustainability has earned it a reputation as a trusted partner for businesses and governments seeking to thrive in an ever-changing world.


History

Accenture's roots trace back to the early 1950s when it was the business and technology consulting division of accounting firm Arthur Andersen. Its first project was a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky. This led to GE's installation of a UNIVAC I computer and printer, which is believed to be the first commercial use of a computer in the U.S. Joseph Glickauf, an early pioneer of computer consulting, was instrumental in the success of the project and held a position as head of Arthur Andersen's administrative services division.

As technology continued to evolve, Accenture continued to expand its IT consulting services. During the 1970s, the company worked with clients to implement mainframe computer systems and other early technologies. The company also began to offer IT consulting services in Europe, Asia, and Australia, which marked its global expansion.

In the 1980s, Accenture's IT consulting services became more focused on helping clients implement large-scale systems such as ERP systems and CRM systems. The company also helped clients integrate these systems with their existing technology infrastructure and process.

Accenture continued to grow and evolve in the 21st century, expanding its capabilities and services to better serve its clients. In 2009, the company changed its place of incorporation from Bermuda to Ireland and became Accenture plc. In the following years, Accenture acquired several companies, including i4C Analytics, a software platform provider based in Italy that specialized in helping clients solve complex business problems through easy-to-use analytics applications.

In recent years, Accenture has continued to expand and acquire new capabilities. In 2017, the company announced a partnership with Apple to create iOS business software. In 2020, Accenture acquired Revolutionary Security, Callisto Integration, and Byte Prophecy, which added cybersecurity, consulting, and data analytics capabilities to its portfolio.

In September 2020, the company committed $3 billion and created a division called Accenture Cloud First to help its clients accelerate their cloud migration and digital transformation efforts. It also established a hub in Adelaide, South Australia, to support its clients in the Asia Pacific region.

In 2022, Accenture continued its acquisition spree by acquiring sustainability consultancy Akzente, operational and digital engineering technology capabilities from Transcom ITS and Allgemeines Rechenzentrum GmbH, technology consultancy and managed services provider Advocate Networks, cloud consulting company Solvera Solutions, and cloud data firm Tenbu. In November 2022, it was announced that Accenture had acquired the Tokyo-headquartered data science company, Albert Inc.

Today, Accenture is a leading global professional services company that provides consulting, technology, and outsourcing services to clients across various industries. With a strong focus on innovation and technology, the company continues to help its clients navigate the ever-changing business landscape and stay ahead of the curve.


Mission

Accenture's mission is to provide unmatched services in strategy & consulting, interactive, technology and operations to solve their clients' toughest challenges. It is dedicated to leading by example and making a difference through climate action. Finally, Accenture's 500,000 people strive to deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries.


Vision

The vision of Accenture is to become the world's leading professional services company, delivering lasting growth and positive change for clients, people, and communities. The company aims to harness technology and innovation to help organizations across industries realize their potential and create value for their stakeholders. Accenture envisions a future where it can help clients and people thrive in a rapidly changing world and achieve their ambitions.


Key Team

Julie Sweet (Chair & CEO)

David Rowland (CFO & COO)

Paul Daugherty (Chief Technology & Innovation Officer)

Ellyn Shook (Chief Leadership & Human Resources Officer)

Pierre Nanterme (Chairman Emeritus)


Recognition and Awards
Accenture has been recognized for its excellence in various areas, including being named one of the World's Best Workplaces™ and a Top 10 leader in countries representing 76% of their people. Accenture has also been rated highest leader in Everest Group Salesforce Industry Cloud Services PEAK Matrix® Assessment 2022 and named a top leader in digital transformation services by HfS Research.

Products and Services

Accenture is a multinational professional services company that provides a wide range of services and solutions to clients in various industries. Some of the services and products offered by Accenture include:

Strategy: Accenture helps clients develop and implement strategic plans to achieve their business goals. This includes services such as digital transformation, innovation, and sustainability strategy.

Consulting: Accenture provides a range of consulting services, including operational consulting, technology consulting, and human resources consulting.

Technology: Accenture provides technology solutions, including cloud computing, cybersecurity, artificial intelligence, and Internet of Things.

Operations: Accenture helps clients improve their operations through services such as supply chain management, procurement, and asset management.

Digital: Accenture provides digital solutions, including digital marketing, e-commerce, and customer experience design.

Financial Services: Accenture provides services and solutions to financial institutions, including banking, insurance, and capital markets.

Communications, Media & Technology: Accenture provides services and solutions to companies in the communications, media, and technology industries.

Health & Public Service: Accenture provides services and solutions to the healthcare and public sector industries, including government and healthcare organizations.

These are just a few examples of the services and products offered by Accenture. The company continuously evolves and expands its offerings to meet the changing needs of its clients in various industries.


References
Accenture Plc
Leadership team

Julie Sweet (Chair and CEO)

David Rowland (CFO & COO)

Paul Daugherty (Chief Technology & Innovation Officer)

Ellyn Shook (Chief Leadership & Human Resources Officer)

Industries

Technology

Products/ Services
Professional services Information technology Consulting
Number of Employees
Above 50,000
Headquarters
1 GRAND CANAL SQUARE GRAND CANAL HARBOUR DUBLIN 2 L2 00000
Established
1989
Company Registration
SEC CIK #0001647339
Revenue
Above - 1B
Traded as
ACN
Social Media

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Thu Apr 25 2024
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