Page 4 - Accenture
Accenture forecasts first-quarter revenue below Wall Street estimates
Infosys halved its full-year revenue forecast in July, citing delayed decision-making on future projects from clients, while Tata Consultancy Services also flagged soft demand
 "Accenture forecasts first-quarter revenue below Wall Street estimates")
Accenture to transform beer company Bira91's technology platform
Programme will help Bira 91's systems to provide a single and integrated data model
 "Accenture to transform beer company Bira91's technology platform")
Accenture's lowered guidance spells more trouble for IT sector: Analysts
Brokerages have maintained a cautious to negative stance on the Indian IT sector given Accenture's muted deal bookings, lagging demand in key verticals, and emerging pricing pressure
Tough times: IT consulting major Accenture may log subpar revenue in Q4
IT services companies across the globe are seeing a slowdown as some discretionary work is being cancelled or delayed
How to play the artificial intelligence theme in markets the Chris Wood way
That said, Chris Wood believes that the 'picks and shovels theme' for AI remains the most compelling story for now, which is why Nvidia remains his core holding despite valuation at 41x sales.
 "How to play the artificial intelligence theme in markets the Chris Wood way")
Accenture plans to pump in $3 billion for data and AI in three years
India will be crucial part of the plan, since it is one of the largest delivery centres of the company
Accenture to invest $3 bn in Data, AI to accelerate clients' reinvention
Global IT services firm Accenture on Tuesday announced a $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency, and resilience.
Microsoft, Accenture to empower 13 Indian startups on social impact
Launched in 2020, previous cohorts of the programme focused on addressing issues in food safety, livelihood, education, sustainability, and skilling
 "Microsoft, Accenture to empower 13 Indian startups on social impact")
Accenture India chief Rekha Menon to retire; Role split between two
Sandeep Dutta to lead professional services company's India Market Unit
HCL bucks the trend; says it intends to hire as others continue to fire
The firing spree was not limited to back-office jobs and affected big tech companies, including Amazon, Meta, Microsoft, and Google parent Alphabet, among others
 "HCL bucks the trend; says it intends to hire as others continue to fire")
Big 4 push the tech button, look to expand IT service presence in India
The big four are best known for their accounting and audit services globally. However, with time, they have added several more services to their work
 "Big 4 push the tech button, look to expand IT service presence in India")
Generative artificial intelligence to spark significant innovation: Report
Over 95 per cent of executives agree it will usher in a new era of enterprise intelligence
 "Generative artificial intelligence to spark significant innovation: Report")
Infosys to open campus in Kolkata to bring office closer to talent pool
Infosys is taking these steps to minimise inter-city travel for its employees and provide them with greater flexibility
'Anxiety at peak': Accenture layoff move jolts Indian IT professionals
Accenture's management said that for a record quarter (Q2), the company managed to deliver with the existing talent base
 "'Anxiety at peak': Accenture layoff move jolts Indian IT professionals")
Despite layoffs, Accenture Q2 outlook a relief for IT companies
Accenture's performance was evident among Indian IT stocks, which were up in the early hours of trading
 "Despite layoffs, Accenture Q2 outlook a relief for IT companies")
Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff
The world's largest consulting firm by head count in 2022 acquired its present name when it extricated itself from parent Arthur Andersen
 "Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff")
Accenture to cut 19,000 jobs as IT spending slows; India impact unclear
IT services firm announces 'departure of 19,000 people' to save costs and streamline functions
Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast
The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets
Accenture to acquire AI company Flutura; deal terms not disclosed
This is Accenture's third acquisition of such a company in India in recent years
Why streaming video players need to make some housekeeping changes
A new study by Accenture emphasises the need for aggregation in online entertainment
 "Why streaming video players need to make some housekeeping changes")
