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Attackers demand ransom for kidnapped Nigerian seminarians
Attackers demand ransom for kidnapped Nigerian seminarians

Herald Malaysia

time5 days ago

  • Herald Malaysia

Attackers demand ransom for kidnapped Nigerian seminarians

Armed criminals who attacked a seminary in Nigeria have contacted the Diocese of Auchi to demand ransom for three seminarians kidnapped during the raid. Jul 16, 2025 Bishop Dunia of Auchi celebrates Mass (archive photo courtesy of the Diocese of Auchi) By Christopher WellsThe Diocese of Auchi in southern Nigeria says the kidnappers who are holding three seminarians have made contact and demanded ransom for the students' safe return. The seminarians, ages 14-17, were taken by gunmen during an attack on the Immaculate Conception minor seminary in Ivhianokpodi, Nigeria, on Thursday, 10 July. A security guard, Christopher Aweneghieme, a member of the Civil Defense Corps assigned to the school, was killed during the attack. The Bishop of Auchi, Gabriel Dunia, told the Vatican's Fides news agency, 'The seminarians are still in the hands of their kidnappers,' who have been in contact with the diocese. 'Negotiations are currently ongoing,' he said. Bishop Dunia provided further details in a statement provided to the Catholic aid agency Aid to the Church in Need, saying the attackers are believed to be members of the Fulani ethnic group from northern Nigeria. 'They came in large numbers, and it was impossible to stop them,' the Bishop said. 'We don't know what they want, but we see a growing pattern of attacks directed against Christian communities and institutions.' Bishop Dunia told ACN that the remaining seminarians had been moved to safer locations, where they are completing their end-of-the-year examinations. The students are not expected to return until security measures have been strengthened and a security fence is placed around the school. Appeal for assistance In his statement to ACN, the Bishop said the Church has appealed to Nigerian authorities for assistance. 'We are asking the civilian government to come to the site,' he said. However, despite assurance from the government, 'we haven't seen any concrete action so far.' He went on to appeal to 'everyone, every person, to come to our aid: to pray for us, to make any effort, whatever it may be—material, spiritual, or human—that helps us contain insecurity,' adding, 'Our local efforts are being overwhelmed.' The Immaculate Conception seminary provides initial priestly formation to over 500 students. Last week's attack was the second in less than a year: in October, gunmen stormed the chapel and kidnapped the rector, Father Thomas Oyode, who offered himself as a hostage in place of the seminarians. He was released after eleven days in captivity.--Vatican News

Accenture and Microsoft Expand Collaboration on Gen-AI Powered Cyber Solutions
Accenture and Microsoft Expand Collaboration on Gen-AI Powered Cyber Solutions

Business Wire

time10-07-2025

  • Business
  • Business Wire

Accenture and Microsoft Expand Collaboration on Gen-AI Powered Cyber Solutions

NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) and Microsoft Corporation (NASDAQ: MSFT) are co-investing in the development of advanced generative AI-driven cyber solutions to help organizations mitigate threats and consolidate technology tools while optimizing operational costs. According to Accenture's State of Cyber Resilience 2025 report, the majority (90%) of organizations are not ready to protect against AI-augmented cyber threats. By combining Accenture's cybersecurity services, AI transformation expertise and industry experience with Microsoft's advanced security technologies, the companies are helping organizations protect against advanced threats through innovative cybersecurity offerings across four key areas. These include security operation center (SOC) modernization, automated data and AI security, security-centric cyber migration and consolidation, and enhanced identity and access management (IAM). 'Global cyber threats, now leveraging AI, are intensifying in speed, sophistication and scale. By adopting automation and gen AI solutions, organizations can reimagine their SecOps and outpace rising adversarial cyber threats,' said Paolo Dal Cin, global lead, Accenture Security. 'The combined power of Accenture and Microsoft will help clients future-proof against potential cyber threats, keep critical data secure and enhance business resilience. This expanded relationship signals to the industry that we can be stronger together.' Accenture and Microsoft successfully completed a project with Nationwide Building Society (Nationwide), the world's largest building society with over 17 million customers in the UK, to build on its cybersecurity operations. Through a large-scale migration to Microsoft Sentinel, Nationwide achieved a streamlined, unified security infrastructure that accelerates cyber threat detection. Nationwide benefited from a gen AI security information and event management capability, co-developed by Accenture and Microsoft, that accelerated the migration of hundreds of terabytes of data. David Boda, chief security & resilience officer at Nationwide, said, 'In a dynamic and complex threat environment, it's important that we continue to build on our existing cybersecurity operations to stay ahead of the game. Accenture's support in our migration to Microsoft Sentinel has been invaluable to set us up for success. The use of generative AI to enable the migration allowed us to deliver the change more efficiently, in turn freeing up capacity for wider improvement activities.' The solutions Accenture and Microsoft are investing in co-developing include: SOC Modernization – Leveraging Microsoft Sentinel, Microsoft Defender and Accenture's Adaptive MxDR for Microsoft, this solution enhances threat visibility and strengthens response capabilities across hybrid environments. By integrating AI-driven tools like Microsoft Security Copilot, analysts can investigate threats faster, cut through alert noise and focus on what matters—reducing risk and improving SOC efficiency among security teams' limited staff and other resources. With the right combination of automation and intelligent tooling, organizations can boost SOC efficiency by up to 30% [1], according to recent assessments. Automated Data Protection and AI Security – Using Microsoft Purview and Accenture's data security framework, this solution automatically classifies and protects sensitive data across Microsoft 365—including SharePoint, Teams and Exchange. It supports regulatory compliance, reduces the risk of data exposure in generative AI use cases and enables secure collaboration at scale—critical in today's hybrid, AI-powered workplace. Security-Centric Migration and Consolidation – Leveraging Microsoft's security suite, M365 E5 Security and integrated with Accenture's E5 Acceleration Playbook, this solution accelerates migration to modern platforms while streamlining operations and simplifying toolsets. By consolidating legacy security solutions and optimizing licensing, organizations can achieve between 35% to 50% cost savings, reduce vendor complexity and unlock the full value of Microsoft E5 [2]. Enhanced IAM – Powered by Microsoft Entra Suite, Accenture's enhanced IAM solutions accelerate the transformation of outdated Active Directory environments while augmenting workforce access management, enterprise identity governance and administration, and passwordless authentication. The result is better user experience, stronger security protection and simplified identity governance at scale, helping organizations achieve between 30% to 50% cost efficiencies through reduced infrastructure, licensing consolidation and helpdesk overhead [2]. 'We're proud to be shaping the future of cybersecurity alongside Accenture, combining their deep industry insights with the breadth and strength of Microsoft's security platform,' said Vasu Jakkal, corporate vice president of Microsoft Security. 'In today's fast-moving cyber threat landscape, organizations need solutions that simplify complexity and deliver end-to-end protection across on-premises and cloud environments. Security is a team sport–and together–Microsoft and Accenture are empowering customers with AI-driven, comprehensive solutions that help them stay ahead of evolving threats and unlock new levels of resilience.' Learn more about Accenture and Microsoft or find out more about the Nationwide project in this video here. For more information on Nationwide, please visit About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at Accenture Security is a leading provider of end-to-end cybersecurity services, including strategy, protection, resilience and industry-specific cyber services. We bring security innovation, coupled with global scale and a worldwide delivery capability through our network of Cyber Fusion Centers. Helped by our team of 27,000 highly skilled professionals, we enable clients to innovate safely, build cyber resilience and grow with confidence. Visit us at About Microsoft Microsoft (Nasdaq 'MSFT' @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. Forward-Looking Statements Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as 'may,' 'will,' 'should,' 'likely,' 'anticipates,' 'aspires,' 'expects,' 'intends,' 'plans,' 'projects,' 'believes,' 'estimates,' 'positioned,' 'outlook,' 'goal,' 'target' and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, that the use of AI could harm our business, damage our reputation or give rise to legal or regulatory action, as well as the risks, uncertainties and other factors discussed under the 'Risk Factors' heading in Accenture plc's most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture's expectations. Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

5 Revealing Analyst Questions From Accenture's Q2 Earnings Call
5 Revealing Analyst Questions From Accenture's Q2 Earnings Call

Yahoo

time07-07-2025

  • Business
  • Yahoo

5 Revealing Analyst Questions From Accenture's Q2 Earnings Call

Accenture's first quarter results met Wall Street's expectations for both revenue and adjusted earnings, but the market responded negatively following the report. Management attributed the quarter's performance to broad-based growth across consulting and managed services, with particular strength in managed services and double-digit growth in cloud and security. CEO Julie Sweet noted, 'Our clients continue to prioritize large scale transformations and we are their reinvention partner of choice,' highlighting the company's strong bookings and increasing adoption of generative AI (Gen AI) solutions. However, the quarter also saw operating margin contraction and ongoing investments in workforce training and strategic acquisitions, which weighed on profitability. Is now the time to buy ACN? Find out in our full research report (it's free). Revenue: $17.73 billion vs analyst estimates of $17.33 billion (7.7% year-on-year growth, 2.3% beat) EPS (GAAP): $3.49 vs analyst estimates of $3.32 (5.2% beat) Adjusted EBITDA: $3.55 billion vs analyst estimates of $3.50 billion (20% margin, 1.5% beat) Revenue Guidance for Q3 CY2025 is $17.3 billion at the midpoint, above analyst estimates of $17.08 billion EPS (GAAP) guidance for the full year is $12.83 at the midpoint, roughly in line with what analysts were expecting Operating Margin: 16.8%, in line with the same quarter last year Market Capitalization: $190.8 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jason Kupferberg (Bank of America) asked if there were any signs of clients pausing new initiatives outside the U.S. federal segment. CFO Angie Park and CEO Julie Sweet replied that no broad-based pauses were observed, but noted ongoing client discussions amid recent uncertainty. Tien-Tsin Huang (JP Morgan) pressed on operating margin dynamics and whether cost pressures or pricing changes contributed. Park explained that gross margin declined due to higher subcontractor costs and business optimization actions, while pricing remained relatively stable in a competitive market. Bryan Keane (Deutsche Bank) inquired about changes in client budgets and discretionary spending. Sweet responded that budgets remain similar to previous quarters, with discretionary spending still constrained except for some improvement in banking and capital markets. James Faucette (Morgan Stanley) sought clarification on recent demand trends by geography and sector. Sweet emphasized that no slowdown had been observed, but acknowledged increased global uncertainty, particularly regarding tariffs and consumer sentiment. Darrin Peller (Wolfe Research) asked about the durability of large transformational contract demand and the potential for pent-up client budgets if uncertainty resolves. Sweet highlighted the ongoing client focus on large-scale reinvention regardless of the macro environment, and noted increasing adoption of Gen AI solutions. In the coming quarters, the StockStory team will watch (1) the pace of generative AI adoption and monetization across new and existing clients, (2) the resolution and impact of U.S. federal contract reviews on revenue stability, and (3) the company's ability to sustain managed services growth while controlling margin pressures. Progress on strategic acquisitions and workforce upskilling efforts will also be important indicators of execution. Accenture currently trades at $304.07, in line with $306.21 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

This Underrated Stock Just Scored a Major Palantir Win. Should You Buy It Now?
This Underrated Stock Just Scored a Major Palantir Win. Should You Buy It Now?

Yahoo

time03-07-2025

  • Business
  • Yahoo

This Underrated Stock Just Scored a Major Palantir Win. Should You Buy It Now?

In a world where artificial intelligence (AI) is upending industries and disrupting the way we work every day, companies that are at the forefront of this revolution are rewarded by investors. One company that enterprises are scrambling to partner with is data analytics specialist Palantir (PLTR). Palantir already plays a vital role in the federal government's defense strategy through its AI-enabled platforms, and it is simultaneously growing its consumer business. Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025? Michael Saylor Says 'You'll Wish You'd Bought More' Bitcoin as MicroStrategy Doubles Down Is Microsoft Stock About to Go Nuclear? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. So, when IT major Accenture (ACN) revealed that it would partner with Palantir to deploy commercial-grade, AI-powered solutions for U.S. federal government customers, the buzz around the stock was palpable. Although ACN stock is down about 14% on a YTD basis, shares have popped 2.6% over the past five days. Accenture is a leader in professional services, offering a wide range of capabilities like consulting, technology, cloud and artificial intelligence, among others. It helps its government and commercial clients become more efficient, competitive, and future-ready. Valued at a market cap of $189.5 billion, ACN stock offers a dividend yield of 1.96%, which is higher than the technology sector average of 1.37%. With a payout ratio of 42.9%, there remains some room for growth. However, is an alliance with one of the most consequential companies of this era enough to justify an investment in ACN stock? Though nothing sensational, Accenture has grown its revenue and earnings at steady compound annual growth rates (CAGRs) of 8% and 10% over the past 10 years, respectively, while shares have gained 193% in the same timeframe. In the most recent quarter, Accenture's revenue and earnings both surpassed consensus estimates. Revenues increased by 8% from the previous year to $17.7 billion, amid strong growth in each of its industry groups. Its earnings went up by 15% in the same period to $3.49 per share. Cash flow from operations came in at a healthy $3.68 billion in its fiscal third quarter ompared to $3.14 billion in the year-ago period as free cash flow grew to $3.52 billion from $3.02 billion. Operating margins also saw an improvement of 80 basis points to 16.8%. Overall, Accenture closed the quarter with a cash balance of $9.6 billion, which was much higher than its short-term as well as long-term debt levels of $115.1 million and $5.04 billion, respectively. However, a 6% year-over-year decrease in new bookings to $19.7 billion remains an area of concern as it indicates that corporations may be curbing their professional services spending. A rise in new bookings for generative AI to $1.5 billion compared to $900 million in the previous year was a positive development, though. For Q4 FY 2025, Accenture expects revenues to be in the range of $17 billion to $17.6 billion, the midpoint of which is similar to the consensus revenue estimate of $17.33 billion. Accenture is doubling down on its AI initiatives to drive growth. To that end, management has recently revealed that it has trained half a million employees with the skills required to deliver AI-focused consulting services. Accenture's pursuit of this objective began back in 2023, when it set in motion a $3 billion investment roadmap dedicated to artificial intelligence. As part of this initiative, the company committed to building an AI-enabled workforce by providing targeted training, ultimately aiming to create a pool of 80,000 AI-proficient professionals. Accenture has also established a strategic alliance with Nvidia (NVDA) to co-develop intelligent systems capable of recreating warehouse environments in digital form. These virtual replicas are designed to open up new possibilities in warehouse automation, AI learning, and robotics integration. As of now, the company is developing 50 proprietary AI agents using Nvidia's reasoning architecture, and it has expressed intentions to scale this portfolio to 100 agents by the close of 2025. These intelligent agents are expected to deliver industry-wide impact across verticals such as finance, telecom, and more. Additionally, through its partnership with OpenAI, Accenture has embedded advanced large language models into its internal tools, enhancing functionality in areas such as forecasting, decision support, and knowledge retrieval. Complementing this internal AI push is Accenture's aggressive acquisition strategy. In 2024 alone, the firm completed 46 acquisitions, spending approximately $6.6 billion to integrate capabilities in cloud services, artificial intelligence, design agencies, and engineering talent. These acquisitions are typically scaled across its client base, resulting in meaningful leverage of new capabilities. Notably, over 70% of the company's total revenue now originates from emerging technology verticals, including AI, cybersecurity, analytics, and cloud infrastructure. Finally, what sets Accenture apart is its hybrid service architecture, which combines traditional consulting and strategy with next-generation technology and creative capabilities. This diversified structure offers comprehensive exposure to broad-based technological trends, from digital transformation to cloud deployment, while reducing exposure to volatility in any single area. Accenture serves a wide-ranging client base, cutting across sectors as diverse as healthcare, communications, financial services, and government. This breadth, coupled with consistently strong margins, modest leverage, a consistent dividend policy, and healthy free cash flows, positions the firm as a resilient long-term holding for investors. Overall, analysts have given ACN stock a consensus rating of 'Strong Buy' with a mean target price of $349.24. This indicates upside potential of about 15.6% from current levels. Out of 22 analysts covering the stock, 15 have a 'Strong Buy' rating, one has a 'Moderate Buy' rating, and six have a 'Hold' rating. On the date of publication, Pathikrit Bose did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Accenture Acquires SYSTEMA to Drive Manufacturing Automation for Semiconductor Clients
Accenture Acquires SYSTEMA to Drive Manufacturing Automation for Semiconductor Clients

Business Wire

time01-07-2025

  • Business
  • Business Wire

Accenture Acquires SYSTEMA to Drive Manufacturing Automation for Semiconductor Clients

DRESDEN, Germany--(BUSINESS WIRE)--Accenture (NYSE: ACN) has acquired SYSTEMA, a provider of software solutions and consulting services for manufacturing automation, headquartered in Dresden, Germany. SYSTEMA's long-standing experience in working for semiconductor manufacturers and other high tech companies will bolster Accenture's capabilities to comprehensively support clients in these industries. 'Today's society relies heavily on semiconductors for everything from smartphones to cars, and there is a strong commitment in Europe to strengthen the industry's manufacturing capabilities,' said Christina Raab, market unit lead for Accenture in Austria, Switzerland and Germany. 'The production of semiconductors is complex and highly specialized, and SYSTEMA's deep expertise in the industry will expand our capabilities and grow our business in ways we couldn't achieve organically.' Despite its advanced products, the semiconductor industry runs a significant amount of legacy equipment in the production process. Many steps, such as material flow and machine change-over, still aren't fully automated yet. This issue is particularly pronounced in Europe, where manufacturers need to optimize existing production facilities through automation to remain competitive. SYSTEMA's expertise includes deep knowledge in digitally connecting current and legacy production equipment and systems. The company excels at upgrading and extending traditional manufacturing execution systems (MES) with data analytics and optimization capabilities, which these systems often lack but are crucial to increasing output and optimizing cost. 'We are combining SYSTEMA's semiconductor and high tech industry experience and capabilities with Accenture's global network and ability to scale to offer services covering the whole value chain, from supply to logistics and manufacturing,' said Sarat Maitin, who leads Accenture's practice for digital engineering and manufacturing and infrastructure and capital projects, Industry X, in Austria, Switzerland and Germany. 'Our ambition is to become a partner to the industry that helps clients in Germany and Europe secure competitiveness in a market increasingly under pressure.' SYSTEMA has specialized skills in MES solutions from SAP (ME/MII/DM) and Critical Manufacturing. Beyond the semiconductor sector, the company works for clients in the aerospace and defense, medical, electronics, food & beverage, automotive, machinery, metal and steel, and speciality chemicals industries. SYSTEMA's team of more than 240 employees will join Accenture's Industry X practice. Manfred Austen, CEO of SYSTEMA, commented: 'We have built long-standing, trusted relationships with our clients, guiding them through the ever-evolving technological landscape. With Accenture's capabilities in data, AI, engineering and supply chain, and our manufacturing IT/OT solutions, we can innovate and scale more effectively, while continuing to strengthen our trusted client relationships.' The terms of the transaction were not disclosed. Forward-Looking Statements Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as 'may,' 'will,' 'should,' 'likely,' 'anticipates,' 'aspires,' 'expects,' 'intends,' 'plans,' 'projects,' 'believes,' 'estimates,' 'positioned,' 'outlook,' 'goal,' 'target' and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture's results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company's clients' businesses and levels of business activity; Accenture's business depends on generating and maintaining client demand for the company's services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company's results of operations; risks and uncertainties related to the development and use of AI could harm the company's business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company's business, the utilization rate of the company's professionals and the company's results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture's ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company's results of operations could be adversely affected; Accenture's profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture's level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company's effective tax rate, results of operations, cash flows and financial condition; Accenture's results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture's debt obligations could adversely affect its business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture's geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture's business could be materially adversely affected if the company incurs legal liability; Accenture's global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accenture's work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture's services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the 'Risk Factors' heading in Accenture plc's most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture's expectations. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at

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