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Accenture plc is an Irish-American professional services company
based in Dublin, specializing in information technology (IT) services
A Fortune Global 500 company, Accenture reported revenues of
$61.6 billion in 2022.
Accenture's current clients include 91 of the Fortune Global 100 and
more than three-quarters of the Fortune Global 500.
As of 2022, Accenture is considered the largest consulting firm in
the world by number of employees.
Julie Sweet has served as CEO of Accenture since 1 September 2019
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ACCENTURE – MISSION, VISION
Accenture (Global) Mission Statement
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
Accenture (Global) Vision Statement
Our core values shape the culture and define the character of our company. We live
the core values through individual behaviors. They serve as a foundation in how we
act and make decisions.
Accenture (Global) Values
CLIENT VALUE CREATION
ONE GLOBAL NETWORK
RESPECT FOR THE INDIVIDUAL
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In 1913, Andersen and Clarence DeLany founded an accounting firm as Andersen,
DeLany & Co. It was believed to be the first commercial use of a computer in the U.S in
The firm changed its name to Arthur Andersen & Co. in 1918
A new corporate structure was thus created in 1989, making Arthur Andersen and
Andersen Consulting separate subsidiaries of the same parent company,
Andersen Consulting initiated a split with Arthur Andersen in 2000, on the conditions
that it pay Arthur Andersen $1 billion and rebrand itself under a new name.
Andersen Consulting was renamed Accenture in late 2000, and the company was
officially relaunched on January 1, 2001. Andersen Consulting adopted its current
name, "Accenture". The word "Accenture" is derived from "Accent on the future“ Which
basically focus on clients in Accounting, Insurance and capital firms.
Accenture announced on 26 May 2009 that its board of directors
unanimously approved changing the company's place of
incorporation from Bermuda to Ireland and would become
Accenture latter involved in multiple sectors like Health, defense,
operating system (Apple IOS – in 2017) other than Banking,
accounting, insurance sectors.
In 2011 Nanterme was appointed CEO of Accenture's global
financial services operating group up to 2019 until he was
stepped down from the position citing health issues. Julie Sweet,
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Focuses on delivering 360-degree value for clients by embracing
technological innovations to deliver the best consulting service possible
across 19 industries.
Wide-range of services, covering the whole business spectrum from
strategy to digital commerce and operating models.
Crucially, Accenture also offers metaverse services. Metaverse refers to an
immersive internet experience that usually involves entering a digital world.
Revenue model : fee-for-service - charges by the day depending on the
experience level of the consultant involved. For a Level 7 consultant,
Accenture charges less than all companies in the “Big Four” at just over
Growth Strategy : Strategic acquisitions.
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On business front Accenture promises :
Clients & Industry Expertise
•Accenture serves more than 9,000
clients - 89 of the Fortune Global
100 and more than three quarters
of the Fortune Global 500
•They are industry focused and
understand industry evolution,
business issues, emerging technologies.
•This helps bring client-specific
industry solutions and accelerate
•They provide innovative and
comprehensive services .
•Some are cloud; systems integration,
application management; security;
intelligent platform services;
infrastructure services; software
engineering services; data and
artificial intelligence; and global
•Their strong ecosystem partnering
provides them competitive advantage
•Strategy and Consulting
How do they run their business ?
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Services can further be divided as :
•They work with C-suite executives, leaders and boards of the world’s leading
•They use deep industry and functional expertise underpinned by technology,
data, analytics, artificial intelligence, innovation, and change management as
well as talent capabilities.
•This helps clients reinvent their enterprise.
Strategy and Consulting
•They continuously update services, capabilities and platforms.
•Done through early adoption of new technologies such as blockchain,
robotics, 5G, edge computing, metaverse and quantum computing
•R&D labs focus on innovation beyond traditional boundaries at at unmatched
speed, scope and scale.
•They invest in emerging technologies through Accenture Ventures to be at
par with changing industry styles.
•They operate business processes on behalf of clients for finance
and accounting, sourcing and procurement, supply chain, marketing and
sales, as well as industry-specific services, such as platform trust and safety,
banking, insurance and health services.
•Offer intelligent operations - enabled by SynOps, data-powered, cloud
enabled platform which combines human and machine capabilities.
How do they run their business ?
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•They combine digital capabilities with deep engineering and manufacturing
•Help clients achieve compressed transformations by redefining how their
products are designed and engineered, sourced and supplied, manufactured,
and serviced, returned and renewed.
•Uses transformative technologies such as digital twins, AI, IoT, cloud/Edge,
5G, advanced robotics, and metaverse to gain an edge.
•Offers new and hyper-personalized experiences alongside intelligent products and
• Promise customer growth through sustained customer relevance.
•Implements emerging technologies and models that cater to ever-changing needs
and preferences of 'business-to-business' and 'business-to-consumer' customers.
•Their charecteristics include :
•Ideation to execution
•Growth, product and experience design
•Technology and experience platforms
•Creative, media and marketing strategy
SS ZG516 -COMPUTER ORGANIZATION AND SOFTWARE SYSTEMS
Services can further be divided as –
How do they run their business ?
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ICES THEY OFFER
Accenture has relationships with more than 4000 clients in 120+
They've expertise in more than 40 industries across 19 industry
• Accenture Strategy
• Accenture Consulting
• Accenture Digital
• Accenture Technology
• Accenture Operations
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CFO & Enterprise Value Strategy
Mergers & Acquisitions
Sales & Customer Services Strategy
Talent & Organization Strategy
Strategy > shape Management Consulting
• Finance and enterprise
• Supply chain
• Sourcing and
• Talent and organization
• Sales and customer
management and control
• Package and vendor
• Application and architecture
• Program diagnostics and
Digital Customers, Channels &
Digital Strategy & Business
Digital Content Management
Digital Customer Experience
Digital Customer Service
Digital Business Teams
Digital Connected Products
Digital Social Media &
Technology Innovation & Ecosystem
Accenture Technology Strategy
Research and Development
Advanced Technology & Architecture
Ecosystems & Platforms
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ACCENTURE OPERATIONS >
Business Process Cross Industry
Finance & Accounting | Marketing | Procurement | Supply Chain | Talent
and HR | Analytics | Capacity Solutions
Credit Services | Health Administration | Health Management |
Network | Utilities
Cloud Strategy | Cloud Security | Hybrid Cloud | Infrastructure as a
Service | Platform as a Service | Software as a Service | Business
Process as a Service
Enterprise Security | Extended Enterprise | Cyber Security | Security
Strategy Transformation & Risk | Managed Security Services
Network | Workplace | Service Management | Infrastructure
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Issue – Based Problem – Solving :
Antidote to Mental Messing Around
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Accenture is all the things a business needs to be
successful: Specialized in consultancy, business
strategy frameworks, technology, digital and
The global professional services industry is valued
at $6040.19 billion as of 2021; more specifically, the
consulting sector has a total value of around $250
Accenture offers a wide range of consulting services,
but few companies have grasped the importance of
tech and harnessed it to create a strong business
proposition in the same way.
Highest acquisitions compared to its competitors.
• EY (Ernst & Young)
List of Accenture’s Main Competitors
• McKinsey & Company
• Tata consultancy services
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Superior business diversity catering to a wider market
Solid Branding and Reputation
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COMPARISON OF EMPLOYEE DEVELOPMENT & S
Market Share Trends