Accenture’s $4.8 billion blitz leaves Indian IT giants trailing far behind

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In other words, while the Indian IT cohort is struggling to find its footing in the new digital reality, punctuated by artificial intelligence (AI), class=”backlink” target=”_blank” href=”https://www.livemint.com/companies/consulting-accenture-indian-wipro-it-infosys-hcl-techwipro-tech-mahindra-generative-ai-kotak-sabre-corp-coforge-11742899828918.html” data-vars-page-type=”story” data-vars-link-type=”Manual” data-vars-anchor-text=”Accenture is powering ahead”>Accenture is powering ahead. It simply makes Indian IT’s growth story seem rather tepid.

So, what explains Accenture’s eyebrow-raising performance? The short answer is its pivot to the new, to AI. Indeed, its quarterly presentation on 25 September, dedicated two slides to this “re-invention”. Over half ($2.7 billion) of Accenture’s new revenue came…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Accenture’s $4.8 billion blitz leaves Indian IT giants trailing far behind


In other words, while the Indian IT cohort is struggling to find its footing in the new digital reality, punctuated by artificial intelligence (AI), class=”backlink” target=”_blank” href=”https://www.livemint.com/companies/consulting-accenture-indian-wipro-it-infosys-hcl-techwipro-tech-mahindra-generative-ai-kotak-sabre-corp-coforge-11742899828918.html” data-vars-page-type=”story” data-vars-link-type=”Manual” data-vars-anchor-text=”Accenture is powering ahead”>Accenture is powering ahead. It simply makes Indian IT’s growth story seem rather tepid.

So, what explains Accenture’s eyebrow-raising performance? The short answer is its pivot to the new, to AI. Indeed, its quarterly presentation on 25 September, dedicated two slides to this “re-invention”. Over half ($2.7 billion) of Accenture’s new revenue came…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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