Founded in 1989, Global professional services company Accenture specialises in strategy and consulting with a particular focus on digital, technology and operations. The company was originally called Andersen Consulting but, owing to long-running internal tensions, split off in 2000 and has since grown to become the largest consulting firm in the world by number of employees.
Table of contents
- What does Accenture do?
- Strategy
- Consulting
- Technology
- Operations
- How big is Accenture?
What does Accenture do?
Accenture’s client services span across industries and functions, but its main focuses cover strategy consulting, digital transformation, technology services and operations. Working to specific client goals, the company advises on and helps to implement solutions that will help them to operate in a more modern, efficient or cost-effective manner.
The company helps its clients to improve their performance and achieve their goals by providing them with expert advice, innovative solutions, and cutting-edge technology.
Some of the specific areas in which Accenture operates include:
Strategy
Accenture helps its clients to develop and implement strategic plans such as new operating models or finding avenues for innovation.
Consulting
The company provides advice and support to its clients in areas from finance to sustainability and metaverse adoption.
Technology
Technology solutions include software development, data analytics, cloud computing and ‘everything-as-a-service’ models.
Operations
Accenture helps clients to streamline their business practices in key areas such as supply chain management and pursuing process efficiencies.
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In terms of industry expertise, Accenture works with companies in the fields of communications, financial services, health and public service, industrial and consumer products, and resources including chemicals, energy and utilities.
How big is Accenture?
Accenture is considered the largest consulting firm by staff number and employs more than 738,000 people from more than 200 cities in 49 countries, servicing clients in 120 countries. The company has a strong presence in the world’s major market areas, including Africa, Asia Pacific (APAC), Europe, the Middle East and the Americas.
The company generated more than $61 billion in revenue in the fiscal year ending August 2022. It is listed on the New York Stock Exchange under the ticker CAN and is a member of the S&P 100, Russell 1000 and Fortune Global 500 indexes.
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Topics in this article : Accenture
As an expert in the field of consulting firms and business strategies, I possess extensive knowledge about companies like Accenture and their operational dynamics. To establish my expertise, let me delve into the concepts mentioned in the article.
Accenture, founded in 1989, has evolved into the largest consulting firm globally in terms of employee count, boasting over 738,000 employees across 200 cities in 49 countries. The company is renowned for its specialization in strategy and consulting, emphasizing digital transformation, technology services, and operational enhancements.
The company's core areas of expertise revolve around Strategy, Consulting, Technology, and Operations:
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Strategy: Accenture aids clients in developing and executing strategic plans, including innovative operating models and avenues for innovation.
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Consulting: They offer guidance across diverse sectors, spanning from financial aspects to sustainability and emerging fields like metaverse adoption.
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Technology: Accenture's technology solutions encompass a wide array of services, such as software development, data analytics, cloud computing, and comprehensive 'everything-as-a-service' models.
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Operations: The firm assists clients in streamlining business practices, focusing on crucial domains like supply chain management and process efficiencies.
Accenture operates extensively across multiple industries, collaborating with businesses in communications, financial services, healthcare, public service, industrial and consumer products, as well as resources like chemicals, energy, and utilities.
Regarding Accenture's scale, the company's global reach extends across major market regions, including Africa, Asia Pacific, Europe, the Middle East, and the Americas. In the fiscal year ending August 2022, Accenture generated more than $61 billion in revenue. Notably, it is listed on the New York Stock Exchange under the ticker CAN and is part of prominent indexes like the S&P 100, Russell 1000, and Fortune Global 500.
To summarize, Accenture's unparalleled expertise in strategy, consulting, technology, and operations, coupled with its vast global presence and extensive industry collaboration, solidifies its position as the foremost consulting firm globally.
The article primarily outlines Accenture's prowess in consulting services, its significant employee base, global outreach, financial achievements, and industry involvement, positioning it as an industry leader in the consulting domain.
