Accenture

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Accenture.JPEG
www.accenture.com
Accenture Private Limited.
Type Public Company
Industry Professional services Technology services
Headquarters Incorporated headquarters in Dublin, Ireland
Key people Pierre Nanterme (Chairperson And CEO)
Number of employees 373,000
Related Certifications Certificate in Current Pharmacovigilance Landscape

About

Accenture PLC is a global management consulting and professional services company that provides strategy, consulting, digital, technology and operations services. A Fortune Global 500 company,[6] it has been incorporated in Dublin, Ireland, since 1 September 2009. In 2017, the company reported net revenues of $34.9 billion, with more than 425,000 employees[7] serving clients in more than 200 cities in 120 countries.[8] In 2015, the company had about 130,000 employees in India, about 48,000 in the US,[9] and about 50,000 in the Philippines.[10] On 29 August 2017, Apple Inc. announced a partnership with Accenture to create iOS business solutions.[11] Accenture's current clients include 94 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.[12]

Accenture common equity is listed on the New York Stock Exchange, under the symbol ACN, and was added to the S&P 500 index on 5 July 2011.

Accenture Private Limited is a multinational management service company. As measured by revenues it is world’s largest consulting firm. It is in list of Fortune Global 500 company. Its headquarter is situated at Dublin, Ireland which was formed in 1st September 2009. It has more than 373,000 employees serving client in more than 200 cities in 55 countries. As of February 29, 2016 the company reported the net revenue of $7.9 billion an increase of 6 percent in U.S. dollars over the same period last year. In August 2015 Accenture had about 130,000 employees in India, more than its home country, about 60,000 in the US, and about 50,000 in the Philippenes. Accenture’s current clients span the full range of industries around the world and include 94 of the Fortune Global 100 and more than 80 percent of the Fortune Global 500.

Accenture common equity is listed on the New York Stock Exchange, under the symbol ACN, whose stock price is US$ 118.64 is at present and was added to the S&P 500 index on 5 July 2011. 3 days ago forbes tech magazine mentioned the thoughts of heads of the US branch of Accenture, who advises every woman looking to lead a major business to be a “smart risk taker”. Accenture has made 14 consecutive appearances on FORTUNE’s “World’s Most Admired Companies” list. WHAT WE DO

Accenture solves our clients' toughest challenges by providing unmatched services in strategy, consulting, digital, technology and operations. We partner with more than three-quarters of the Fortune Global 500, driving innovation to improve the way the world works and lives. With expertise across more than 40 industries and all business functions, we deliver transformational outcomes for a demanding new digital world.

Services and operations[edit]

Services and operations[edit]

A worldmap showing the countries where Accenture has operations as of 2016

  • Accenture Strategy provides business strategy, technology strategy and operations strategy services.[30]
  • Accenture Consulting provides technology, business and management consulting.[31]
  • Accenture Digital provides digital marketing, analytics and mobility services.[32]
  • Accenture Technology focuses on technology solutions, implementation, delivery, and research & development, including its Technology Labs for emerging technologies.[33]
  • Accenture Operations focuses on an "as-a-service" model of service delivery. This includes business process outsourcing, IT services, cloud services, managed operations, security and infrastructure services.[34]

The company also operates a "National Security Services" business.[35]

Marketing, branding and identity[edit]

In 2011, Accenture launched a new campaign of results-based ads featuring clients such as Marriott, Unilever and the Royal Shakespeare Company alongside its slogan “High performance. Delivered”.[36] As of 2016, Interbrand ranked Accenture No. 37 of its list of best global brands.[37] The brand consultancy noted Accenture's focus on branding and marketing of its Accenture Strategy, Accenture Consulting, Accenture Digital, Accenture Technology and Accenture Operations divisions.[38]

From at least 2005[39] until December 2009, Accenture used Tiger Woods as a celebrity spokesperson and advertised using the service mark "Go on, be a Tiger" and the ancillary statement "We know what it takes to be a Tiger" in association with his image. On 13 December 2009 after details of Woods' extra-marital affairs were exposed, the company terminated Woods' six-year sponsorship deal.[40]

The company uses a standardised system of branding, with extensive use of the font Graphik.[41]

From 1999, the firm's culture was parodied by the webcomic Bigtime Consulting, operated pseudonymously by its San Francisco-based employee James Sanchez.[42][43] The comic operated a store offering merchandise branded with the names 'Bigtime Consulting' and 'Indenture'. Sanchez left the company in 2000 but continued to operate the comic for some years.[44][45][46]

Accenture Strategy

Shapes the future at the intersection of business and technology

Accenture Operations combines technology that digitizes and automates business processes, unlocks actionable insights, and delivers Everything-as-a-Service with our team's deep industry, functional and technical expertise. So you can confidently chart your course to consuming your core business services on demand, accelerate innovation and speed to market. Welcome to the "as-a-Service" business revolution.

Accenture Consulting

Transforms businesses through industry expertise and insights

Accenture Digital

Creates value through new experiences, new intelligence and new connections

Accenture Technology

Powers businesses with cutting-edge solutions using established and emerging technologies

Accenture Operations

Delivers outcomes through infrastructure, security, cloud and business process services

History

Formation and past early years

The company’s history has been more than 60 years in the making—from the earliest days as a pioneer in the new world of information technology in the 1950s to its position today as a Fortune Global 500 industry leader.Accenture began as the business and technology division of accounting firm Arthur Anderson. In 1953, the firm was believed to installed a system UNIVAC I computer and printer which believed to be the first commercial use of a computer in the U.S.

Splitting and Adopting a New Name

In 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide Society Cooperative (AWSC).In august 2000, as a result of the conclusion of arbitration with international chamber of commerce, Andersen Consulting broke all the contractual ties with AWSC and Arthur Andersen and paid sum of $1.2 billion to Arthur Andersen. On January 1, 2001 Andersen Consulting adopted its current name, “Accenture” which supposed to means “Accent on the future”. The name “Accenture” is submitted by Kim Petersen, a Danish employee from the company’s oslo. Norway office, as a result of internal competition. Accenture believe that name should represent its will to be a global consulting leader and high performer. The company also thought that name should not be offensive in any country in which Accenture operates.

Initial Public offering (IPO)

On July 2001, Accenture offered initial public offering(IPO) at the price of $14.20 per share in New York Exchange (NYSE) ; Goldman Sach and Morgan Stanely as its lead Underwriter. Accenture stock closed the day at $15.17, with the day’s high at $15.25. On the first day of the IPO, Accenture raised nearly $1.7billion.

Shifting of headquarters

Former CNN journalist Lou Dobbs, have reported Accenture’s decision to incorporate in Bermuda as a US tax avoidance ploy, because they viewed Accenture as having been a US-based company. Since The congressional General Accounting Office (GAO) already identified Accenture as one of the four publicly traded federal contractors that were incorporated in a tax haven country. GAO itself did not characterize Accenture as having been a US-based company. On 26 May 2009 Accenture announced to change the company’s place of incorporation to Ireland from Bermuda and said it would become Accenture ple. Ireland headquarters[edit] Accenture announced on 26 May 2009 that its Board of Directors unanimously approved changing the company’s place of incorporation to Ireland from Bermuda and would become Accenture plc. Accenture was chosen to replace CGI Group as the lead contractor for HealthCare.gov in January 2014.[26] In December 2014, Accenture won a $563 million contract to provide ongoing maintenance, software development and technology support for HealthCare.gov through 2019. In July 2015 the United States Department of Defense awarded a major Electronic Health Records contract to Cerner, Leidos and Accenture. The contract valued $4.33 billion will serve 55 hospitals and 600 clinics. Accenture federal services and Leidos will play the role of configuration specialist while Cerner is the prime contractor.

Operating Bodies

  • Accenture Strategy offers business schemes, technology schemes and operational strategy services.
  • Accenture Consulting gives technological, business and management consulting.
  • Accenture Digital supplies digital marketing, analytic and mobility services.
  • Accenture Technology focuses on technology solutions, implementation, delivery, and research & development, including its Technology Labs for emerging technologies.
  • Accenture Operations focuses on an "as-a-service" model of service delivery. This includes business process outsourcing, IT services, cloud services, managed operations, security and infrastructure services.

Top 5 Recent Tweets

DateAuthorComment
November 12, 2018coindeskAccenture has rolled out a new software license management application built with distributed ledger tech from Digi… https://t.co/cfC8DUwHwg
November 12, 2018DineshGhodkeAOL Transformational Leadership &Excellence program (TLEX®️) has facilitated trainings &talks to ~30,000 employees,… https://t.co/bQlHamtTzN
November 12, 2018AccentureHow does PM @JustinTrudeau think #AI can benefit @Canada’s citizens? He talks with our @wallis_jodie and @ambermac… https://t.co/UM9tnFzeno
November 14, 2018Shriparna3#anchoring for #liveevents has always given me utmost happiness and one such #event was at @Accenture recently♥️… https://t.co/NceEq3M9HX
November 12, 2018IAMAIForumDiscussion Cafe at CDO Summit 2.0. Join Devraj Srinivasan from @linkeddots ,Ranjan Kumar from @entropiktech Rashi… https://t.co/Lh5aiwYPYq


Top 5 Recent News Headlines

1. Accenture Wins Covenant House Washington DC Dove Award On June 3, 2016 – Accenture (NYSE: ACN) has received the Covenant House Washington 2016 Dove Award for its work helping to create a brighter future for some of the District’s most vulnerable young people.

2. June 1, 2016 Accenture Achieves Highest Leader Placement and Star Performer Title in Everest Group 2016 PEAK Matrix™ Report for Analytics Business Process Services.

3. On June 1, 2016 Accenture and Avanade Named Microsoft 2016 Alliance Partner of the Year.

4. On May 19, 2016 – GE Healthcare (NYSE : GE) and Accenture (NYSE: ACN) Introduced a new offering to help improve medical claims processing and related cash flow for healthcare providers. The alliance, targeting medical claims management, one of the largest areas of lost revenue in the U.S. healthcare system, was announced at GE Healthcare’s annual software users conference held in Phoenix, where more than 1,500 users are gathered.

5. On May 18, 2016 – Accenture (NYSE: ACN) has been named to Working Mother’s 2016 Best Companies for multicultural Women list, which recognizes companies in the U.S that Exemplify best practices in hiring, retaining and promoting women color. 6. JUNE 08, 2017 Health Organizations Must Embrace Digital Advancements to Scale Health Expertise and Empower Customer Experiences, Says Accenture Technology Vision Report.

Top 5 Lifetime Tweets

1. 4 out of 10 cars on the road will be #autonomous by year 2040 (and not just consumer cars). http://bddy.me/1t7kkCH via @RWW #Accenture 4 June 2016.

2. We achieved highest leader placement in Everest Group's 2016 PEAK Matrix™ report for business process services. http://bddy.me/1t1ZIf6 1 June 2016.

3. Accenture shapes, transforms, digitises, powers and operates within global top 2000 businesses. by Mark Sherwin ‏@MarkDSherwin 19 May 2015.

4. Almost 65% of revenue for the Global 2000 comes through the partner channel; is that well managed? #Accenture http://ow.ly/jdorR 3 April 2013.

5. DBWDM @RickJoyce is Chief Marketing Officer with Perseus Books (since 2004), formerly with @Accenture & @BoozAllen http://ow.ly/dWpOM 24 September 2012

Top 5 Lifetime News Headlines

1. March 21, 2000. Accenture's Revenue Reaches $10.3 Billion.

2. November 26, 2002. Accenture's Study Reaveals That a Few Company Could Dominate Public Transportation in Germany by 2010.

3. December 17, 2004. Accenture and MIT Announced 2005 Digital Government Awards.

4. October 6, 2011. Accenture and Aavanade Named to 2011 Microsoft Dynamics inner circle.

5. July 30, 2014 By 2030 US living Standard Could Decline to 2000 level. 6.JANUARY 30, 2018

  Accenture Delivers Application to Help M1 Comply with New International Financial Reporting Standard
  SINGAPORE; Jan. 30, 2018 – Accenture (NYSE: ACN) has developed and deployed a technology solution to help M1 Limited (M1) comply with the new International Financial 
  Reporting Standard (IFRS) 15, which all communications service providers (CSPs) globally are required to comply with beginning this month. 

7. FEBRUARY 01, 2018

  Accenture Completes Acquisition of Irish Creative Agency Rothco
  DUBLIN; Feb. 1, 2018 – Accenture (NYSE: ACN) has completed its acquisition of Rothco, a full-service creative agency. Located in Dublin, Rothco boosts Accenture Ireland’s 
  creative capabilities and those of Accenture Interactive as an experience agency across Europe.

Awards:- In 2016, Accenture was ranked No. 289 on the Forbes Global 2000 list.[47] In 2016, Accenture was ranked No. 312 on the Fortune Global 500 list.[48] In 2016, the firm was named 15th in the Top 50 Companies for Diversity by DiversityInc.[49] CR Magazine named Accenture No. 14 in its top 100 Best Corporate Citizens list for 2016.[50] In 2017, the Ethisphere Institute named Accenture one of the world's most ethical companies for the 10th time.[51] Fortune named Accenture one of the top 100 companies to work for from 2009 to 2017.[52] In 2017, Accenture was ranked No. 272 on the Forbes Global 2000 list.[53] In 2017, Accenture was ranked No. 272 on the Forbes Global 2000 list.[53] In 2017, Accenture was ranked No. 305 on the Fortune Global 500 list.[54] In 2017, the firm was named 14th in the Top 50 Companies for Diversity by DiversityInc.[55] CR Magazine named Accenture No. 7 in its top 100 Best Corporate Citizens list for 2017.[56] In 2017, Fortune magazine named it as the world's most admired Information Technology Services company.[57] Accenture is one of 12 best management consulting firms of 2017 in America according to Forbes.[58]

Controversies

The state's Health and Human Services Commission is canceling its nearly $900 million original contract with the Texas Access Alliance and its prime contractor, Accenture LLP. Accenture says the state is backing out of the agreement because the two parties could never agree to the financial terms of a reworked $534 million contract to run the state's Children's Health Insurance Program, or CHIP, and integrated eligibility for Health and Human Services programs.

Another Controversial Accenture deal moves ahead. An effort to derail a major homeland security contract awarded to Accenture failed in a vote in the House of Representatives on Friday. A number of Democrats had proposed an amendment designed to prevent funding from being used to implement the contract, which had been made with a group of companies led by Accenture and was worth up to $10 billion

References

https://twitter.com/Accenture From Twitter Acount of Accenture

https://newsroom.accenture.com/news News from its official website

External Links

[Official website][1] Business data for Accenture plc: Hoover's Reuters SEC filings

[Accenture companies][2] grouped at [OpenCorporates]

[3]

Verification history