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Accenture (ACN) Banks on Service Strength, Technological Prowess
Zacks Investment Research· 2024-01-26 16:06
Accenture plc (ACN) is currently benefiting from technological prowess, contributions from acquisitions and partnerships, and dividend payouts.The company reported mixed first-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the mark.Adjusted earnings of $3.27 per share surpassed the Zacks Consensus Estimate by 4.1% and improved 6% from the year-ago fiscal quarter’s reading. Revenues of $16.2 billion missed the consensus estimate by a slight margin but in ...
Accenture (ACN) is a Top-Ranked Growth Stock: Should You Buy?
Zacks Investment Research· 2024-01-26 15:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
Accenture and Mujin Establish Joint Venture to Bring AI and Robotics to the Manufacturing and Logistics Industries
Businesswire· 2024-01-24 16:29
NEW YORK & TOKYO--(BUSINESS WIRE)--Accenture (NYSE: ACN) and Mujin, a leader in intelligent robotics for manufacturing, logistics and supply chain operations, have established Accenture Alpha Automation, a joint venture for the manufacturing and logistics industries. Accenture Alpha Automation will help companies automate their management infrastructure with data-driven solutions that seamlessly combine data from manufacturing and logistics operations with management data. The joint venture is owned 70% by ...
Accenture (ACN) and SandboxAQ Join Forces Against AI Threats
Zacks Investment Research· 2024-01-17 18:06
Rising cyber threats, using Artificial Intelligence or AI tools, prompt a shift to zero-trust architecture, demanding robust cryptographic management for defense. Accenture (ACN) and SandboxAQ collaborated to deliver a comprehensive AI-enabled cryptographic management to handle these quantum-based attacks.SandboxAQ is a technology company whose Security Suite aids in cryptographic management, fortifying organizations against cyber threats. SandboxAQ's expertise extends to AI simulation for drug discovery, q ...
Accenture Expands Capabilities for Private Equity Clients with Acquisition of Impendi
Businesswire· 2024-01-17 14:08
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) has acquired Impendi, a sourcing and procurement services provider with a focus on private equity clients, expanding a critical capability to Accenture’s growing offerings for this industry. Impendi helps private equity companies make sourcing and procurement decisions that increase their profitability and improve the bottom line of their portfolio companies. The firm’s procurement analytics offering allows clients to track spend, identify opportunities fo ...
Accenture: Navigating Challenges, Strong Free Cash Flow And Balance Sheet
Seeking Alpha· 2024-01-16 18:18
VioletaStoimenova/E+ via Getty Images Investment Thesis Accenture plc (NYSE:ACN) is a professional services firm specializing in consulting and outsourcing. It's a stably growing, well-managed business. The stock is not blemish-free. Indeed, I openly discuss that its growth rates are practically non-existent. However, I maintain that ACN is an attractive stock to consider. Not because of its unappetizing growth rates, but rather because the business oozes cash flows, and its balance sheet is so strong. ...
Accenture and SandboxAQ Collaborate to Help Organizations Protect Data Against AI-Driven Cyber Threats and Quantum-Based Decryption Attacks
Businesswire· 2024-01-16 09:59
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) and SandboxAQ are partnering to deliver artificial intelligence (AI) and quantum computing solutions to help organizations identify and remediate cybersecurity vulnerabilities. According to recent Accenture research, executives’ top concern for 2024 is the ability to adapt to advancements in technology and innovations such as AI. This is notable because cybercriminals are using AI-enabled tools to advance ransomware attacks, obtain user passwords and spear ...
Accenture Report Finds Perception Gap Between Workers and C-suite Around Work and Generative AI
Businesswire· 2024-01-16 05:01
NEW YORK--(BUSINESS WIRE)--A new report from Accenture (NYSE: ACN) reveals an urgent need for business leaders to look beyond how generative AI affects specific tasks and roles and, instead, start to scale gen AI by redesigning processes across their organizations, as well as how people experience work. To do this, leaders must commit to learning and leading in new ways that deliver economic value, drive business growth and benefit their people. Yet two-thirds of executives say they do not have the techn ...
Kyndryl, Accenture, Wipro, Infosys stocks fly as tech demand rises
Invezz· 2024-01-15 02:02
Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022. This surge has brought the market value of the IBM spin off to over $4.8 billion.Wipro vs Infosys vs Accenture vs Kyndryl stocks Wipro stock flies after earningsCopy link to sectionSimilarly, Wipro, the Indian tech firm, has risen to INR 525 on Monday, its highest point since May 2022. It has jumped by 40% fro ...
Businesses Anticipate Unprecedented Rate of Change in 2024, New Accenture 'Pulse of Change Index' Shows
Businesswire· 2024-01-12 13:29
Business leaders faced an all-time-high rate of change in 2023 and now expect it to accelerate further in 2024, according to Accenture’s Pulse of Change: 2024 Index, released today ahead of the World Economic Forum Annual Meeting in Davos. (Photo: Business Wire)DAVOS, Switzerland--(BUSINESS WIRE)--Business leaders faced an all-time-high rate of change in 2023 and now expect it to accelerate further in 2024, according to Accenture’s (NYSE: ACN) Pulse of Change: 2024 Index, released today ahead of the World E ...