Accenture completes ‘reinvention’ as generative AI revenues roll in

Core Insights - Accenture is consolidating its business around large-scale digital transformation projects to address challenges in generating returns from investments in generative AI technologies [3] - The company is focused on alleviating the AI talent shortage faced by enterprise customers, with nearly two-thirds of executives indicating that their generative AI plans are hindered by a lack of in-house skills [4] Business Strategy - Accenture's new model aims to simplify the selling and delivery of its offerings while embedding more AI and data into its services, with nearly 80% of large deals involving multiple services [3] - The company has invested $1 billion in a skill-building platform for enterprise customers and acquired learning platform Udacity to enhance its AI talent pool [5] Talent Development - Accenture has nearly doubled its staff of AI and data professionals to 77,000 in two years, with over 550,000 employees trained in generative AI fundamentals [6] - The firm is actively upskilling employees, as evidenced by a partnership with S&P Global to train 35,000 employees in AI [5] Financial Performance - During Q4 2025, Accenture reported significant growth in its AI business, with generative and agentic AI revenues tripling to $2.7 billion and bookings nearly doubling to $5.9 billion year over year [7] - The company's total revenue grew 7% to nearly $70 billion, with revenue split almost equally between consulting and managed services [7]