Accenture

Accenture elevates Arundhati Chakraborty as group CEO of operations

Yusuf Tayob, who will leave the role as group chief executive of Operations to become the global Communications, Media, and Technology (CMT) industry practices chair at Accenture

Accenture gets CCI's nod to acquire stakes in Vodafone's arm VSOL

The Competition Commission of India on Wednesday cleared IT and consulting firm Accenture's acquisition of a stake in Vodafone Shared Operations. Vodafone Shared Operations Ltd (VSOL) is engaged in the provision of shared services to the Vodafone Group and its network of partner telecommunications companies. VSOL is a part of Vodafone Group Plc. "CCI approves the proposed combination involving the acquisition of shares of Vodafone Shared Operations by Accenture," the regulator said in a post on X. In November last year, Vodafone Group Plc announced a strategic partnership with Accenture to commercialise Vodafone's shared operations. Further, the Dublin-based IT firm also said that it will invest 150 million euros for a minority stake in the partnership. The new unit will utilise Accenture's world-class technology and transformation services, such as its digital solutions and platforms, and deep AI expertise. In another post on X, the competition watchdog also approved the acquisi

GenAI adoption to add extra $675 bn to India's economy by 2038: Accenture

The research also revealed around 31% of working hours in India will be automated

IT giant Accenture acquires US-based Cientra for undisclosed amount

The firm has presence in India and adds capabilities in silicon design and engineering

Accenture buys Bengaluru-based chip design company Excelmax Technologies

The investment signifies that the company is making to build semiconductor capabilities

Accenture Q3 results: Demand slowdown in Indian IT bottoming, say analysts

What Accenture results mean for Indian IT: Analysts believe FY25 Street estimates for Indian IT companies have been adequately rationalised, implying little downgrade risk from current levels

Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21

As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close

Accenture narrows full-year guidance; Q3 revenue declines 1% to $16.47 bn

New bookings for Q3FY24 reached $21.06 billion, a 22 per cent increase Y-o-Y

We are seeing great interest in AI, GenAI from clients: Sandeep Dutta

Sandeep Dutta, Senior Managing Director and Lead - India Business, Accenture, talks about the challenges faced by clients and how technologies like GenAI can help them stay ahead

Banks could boost revenues by 6% with Generative AI: Accenture report

Banks can significantly increase employee productivity and revenues by incorporating generative AI (GenAI) in their operations, according to a report by IT company Accenture. Accenture analysed publicly available employee data to estimate the impact of generative AI on banking tasks. The company modelled the financial implications for over 150 large banks globally, including Indian public and private sector banks, over a three-year period. "Banks that move quickly to scale generative AI across their organisations could increase their revenues by up to 600 bps (basis points) in three years," the research revealed. Banks which effectively adopt and scale generative AI could increase employee productivity by up to 30 per cent by streamlining numerous language-related tasks, it said. "Operating income could increase by around 20 per cent, while return on equity levels could rise by 300 bps...By helping banks operate more efficiently, the technology could lead to 1-2 per cent in cost ..

TCS, Accenture, Cognizant lead LinkedIn's top large companies list

Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in India, followed by Accenture and Cognizant in the second and third place respectively. Professional networking platform LinkedIn on Tuesday released the 2024 Top Companies list for India wherein IT companies bagged the top three ranks, while financial services firms dominated the list with 9 out of 25 companies from this sector. The 8th edition has derived insights from LinkedIn data, and lists the top 25 large companies, 15 best mid-size companies, and provides insights on in-demand skills, top locations, and the largest job functions within these companies. Amongst large companies (500+ employees in India), Tata Consultancy Services retained its top spot this year, followed by Accenture and Cognizant. Continuing the trend from last year, financial services dominated the 2024 list with 9 out of 25 companies from this sector including Macquarie Group (4th place), Morgan Stanley (5th), an

Indians would prefer using super app to access digital services: Report

Single app would be 'strategic avenue' for companies to attract subscribers, it says

How did Accenture manage to secure $1 billion worth of GenAI deals?

The company is an early adopter of the tech and has leveraged its first-mover advantage, supported by clients' increased discretionary spending on GenAI

Results preview: IT firms may report muted Q4 growth, eyes on FY25 guidance

January-March quarter, is considered to be a soft quarter, and will continue to see the headwinds that the sector has been facing. And the sector will enter the new financial year on a weak footing

IT shares sink as Accenture cuts guidance; TCS, Infosys and HCLTech fall

FY25 outlook muted for the sector, say analysts

Accenture's guidance cut likely to weigh on Indian IT sector: Analysts

Companies likely heading to a slow start in FY25 as clients hold on to spending, they say

Accenture fans IT industry spending gloom with annual forecast cut

Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%

Accenture invests $1 bn in learning platform, to buy edtech firm Udacity

Udacity's team of more than 230 professionals will join Accenture LearnVantage

'A large part of our Gen AI asset development happens from india'

Ghosh speaks on the sidelines of Nasscom Technology Leadership Forum in Mumbai, and shares India's role in driving the GenAI strategy

Accenture to enhance Indo Count's biz operations using digital technologies

IT consulting firm Accenture is collaborating with Indo Count Industries to enhance the home textile manufacturer's business operations using digital technologies. This will help unlock efficiencies and new growth avenues, the release said but did not indicate the size of the contract. "As part of Indo Count's digital transformation and reinvention journey, Accenture will help to standardise, optimise and re-engineer its business processes. Targeted functions include manufacturing, supply chain, logistics, and procurement," the release said. Accenture will design, develop, and deploy a digital core using SAP S/4HANA Cloud (enterprise resource planning software). "Powered by data and analytics, the technology platform will help automate and digitise the company's operations enabling improved inventory management, quality standardisation, optimal energy consumption and sustainable growth, leading to enhanced customer experience," the release said. Indo Count Industries Ltd (ICIL) is