Here are 1-3 brief analogies to describe Accenture:

• Accenture is like a **modernized IBM Global Services**, providing comprehensive strategy, technology, and operations solutions for businesses.
• Accenture is like **Deloitte Consulting**, but with an even broader range of services, including large-scale technology implementation and managed business operations.

• Strategy & Consulting Services: Advises businesses on strategic planning, operational improvement, and large-scale transformation initiatives.
• Technology Services: Designs, implements, and manages complex technology solutions, including cloud, data, artificial intelligence, and enterprise platforms.
• Operations Services: Provides managed services and business process outsourcing for functions like finance, human resources, supply chain, and customer support.
• Song Services: Focuses on accelerating client growth by designing, building, and running experiences related to marketing, sales, and commerce.
• Industry X Services: Delivers digital engineering and manufacturing solutions, creating smart products, factories, and operational models.

• Microsoft Corporation (MSFT)
• SAP SE (SAP)
• Oracle Corporation (ORCL)
• Salesforce, Inc. (CRM)
• Amazon.com, Inc. (AMZN)
• Alphabet Inc. (GOOGL)

Julie Sweet, Chair and Chief Executive Officer

Julie Sweet joined Accenture in 2010 as General Counsel, Secretary, and Chief Compliance Officer. She became CEO of Accenture's North America business in 2015 and was appointed Chief Executive Officer in September 2019, taking on the additional role of Chair in September 2021. Before joining Accenture, Ms. Sweet spent 17 years at the law firm Cravath, Swaine & Moore LLP, where she was a partner for 10 years and worked on financing, mergers and acquisitions, and general corporate counsel.

Angie Park, Chief Financial Officer

Angie Park will become Chief Financial Officer effective December 1, 2024, succeeding KC McClure. Ms. Park has nearly 30 years of experience at Accenture, having held various senior executive positions within the company's finance organization. Her previous roles include Global Lead for Business and Commercial Finance, CFO for Accenture Technology Services, and Head of Investor Relations for six years.

John Walsh, CEO of Accenture Americas

John Walsh is the CEO of Accenture Americas, overseeing operations in the US, Canada, and Latin America. With over 30 years of experience, he has provided strategic consulting, operations management, IT, and BPO services. He previously served as Chief Sales Officer and Group Chief Executive of the Global Communications, Media & Technology business for Accenture. Mr. Walsh serves on the board of IFS, a cloud-based enterprise software provider, and previously served as a director on the board of Vlocity, which was acquired by Salesforce for $1.3 billion in 2020. He also served on the board of Adchemy, acquired by Walmart.com in 2014.

Leonardo Framil, Chief Executive Officer of Growth Markets

Leonardo Framil is the Chief Executive Officer of Growth Markets at Accenture, responsible for the company's services in Asia Pacific, Africa, the Middle East, and Latin America. He joined Accenture in 1992 and has over 30 years of consulting experience. As Market Unit Lead for Latin America, he oversaw 11 regional acquisitions and the acquisition of Vivere, a mortgage-processing technology company, in 2013.

Manish Sharma, Chief Services Officer

Manish Sharma has been appointed as Accenture's first Chief Services Officer, effective September 1, 2025. A veteran of Accenture for over 30 years, he previously served as CEO of The Americas and CEO of North America. His prior roles also include Global Chief Operating Officer and Group Chief Executive of Accenture’s Operations practice, where he led the development of the SynOps platform. Mr. Sharma also founded the Accenture Rural Program and co-established a child welfare and education trust in India.

1. Disruption and Adaptation to Artificial Intelligence (AI)

Accenture faces significant risks related to the rapid evolution and integration of Artificial Intelligence, particularly generative AI. This includes potential disruption to traditional service offerings, downward pressure on contract values due to AI-driven cost deflation, and the need to continuously adapt and re-skill its workforce to remain competitive in an AI-dominated landscape. Furthermore, the development and use of advanced AI technologies introduce new legal, reputational, and regulatory challenges, alongside heightened cybersecurity risks from sophisticated AI-driven attacks.

2. Economic and Geopolitical Instability

The company's financial performance is highly susceptible to volatile, negative, or uncertain economic and geopolitical conditions globally. Such instability can undermine business confidence, leading clients to reduce or defer spending on new initiatives and technology services, especially in consulting. Factors like inflation, economic downturns, and geopolitical tensions directly impact client demand and overall revenue growth for Accenture.

3. Intense Competition and Profitability Pressures

Accenture operates in a highly competitive environment against a wide range of global consultancies, IT service providers, and specialized firms. This intense competition can lead to pricing pressure, as competitors may be willing to take on more risk or price contracts lower to gain market share. The company's profitability can suffer if cost-management strategies are unsuccessful, and it faces ongoing margin pressure from factors such as higher delivery and subcontractor costs.

The rapid advancement and adoption of **generative artificial intelligence (AI)** represents a clear emerging threat to Accenture. Generative AI models are increasingly capable of performing tasks traditionally handled by human consultants, developers, and operational staff, including strategic analysis, code generation, content creation, data interpretation, and process optimization. As clients integrate these powerful AI tools into their own operations, they may reduce their reliance on external professional services for tasks that can be automated or significantly augmented by AI, potentially commoditizing parts of Accenture's core offerings and eroding demand for its human-intensive service model. This parallels historical disruptions where new technologies or business models fundamentally altered the need for existing services.

Accenture (ACN) operates across various addressable markets with its main products and services, which include Strategy & Consulting, Technology, and Operations, along with specialized areas like Accenture Song and Industry X.

• Consulting Services: The global consulting services market was valued at approximately USD 250 billion in 2023 and is projected to reach around USD 470 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7% from 2024 to 2032. Another estimate indicates the global market size at USD 263.25 billion in 2024, climbing to USD 421.2 billion by 2033 with a CAGR of 5.3%. Specifically for Strategy Consulting, a segment within this, the global market size was estimated at USD 52.99 billion in 2024 and is expected to rise to USD 114.16 billion by 2033, experiencing a CAGR of 8.9%.
• Information Technology (IT) Services: The global IT services market size was estimated at USD 1.50 trillion in 2024 and is projected to reach USD 2.59 trillion by 2030, with a CAGR of 9.4% from 2025 to 2030. North America dominated this market with a revenue share of over 35% in 2024. The U.S. IT services market size is estimated to be USD 0.39 trillion in 2025.
• Digital Transformation Services: The global digital transformation market size was valued at USD 1.06 trillion in 2024 and is projected to grow at a CAGR of 28.20% from 2025 to 2034. Another source indicates the global market was valued at USD 809.12 billion in 2024 and is projected to reach USD 3,571.67 billion by 2033, exhibiting a CAGR of 16.01% from 2025-2033. The Digital Transformation Consulting Services market specifically is poised for significant growth, starting at USD 60.31 billion in 2025 and eventually reaching USD 207.64 billion by 2035, driven by a CAGR of 13.16% from 2025 to 2035. North America currently holds over 44.2% of the global digital transformation market in 2024.
• Operations Consulting Services: The global operations advisory service market size stood at USD 307.95 billion in 2025 and is projected to reach USD 383.76 billion by 2030, advancing at a 4.50% CAGR. Another report states the global operations consulting service market size was approximately USD 24.5 billion in 2023 and is anticipated to reach around USD 38.9 billion by 2032, growing at a CAGR of 5.1%. North America leads this market, accounting for 39.35% of global revenue in 2024 for operations advisory services.
• Healthcare Consulting Services: The healthcare consulting services market is projected to reach USD 51.95 billion by 2030 from USD 32.17 billion in 2025, at a CAGR of 10.1% during the forecast period, globally.
• Accenture Song (Digital Marketing/Experience): While Accenture has a 15.05% market share in the "other-marketing-tech" market globally in 2025, a precise addressable market size for "Accenture Song" as a whole, encompassing its full range of digital marketing and experience services, could not be readily identified.
• Industry X (Digital Engineering and Manufacturing): null

Accenture (ACN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

1. Leadership in AI and Generative AI: Accenture's significant investments and strategic focus on artificial intelligence, particularly Generative AI, are identified as major growth accelerators. The company has seen a substantial increase in revenue and bookings from Generative AI services and aims to be a "reinvention partner of choice" for clients leveraging these advanced technologies.
2. Continued Demand for Digital Transformation and Cloud Services: The ongoing demand for comprehensive digital transformation services and cloud migrations remains a central driver for Accenture's positive results and future growth.
3. Strategic Market Expansion and Acquisitions: Accenture is actively pursuing growth in critical markets by capitalizing on digital transformation opportunities across various industries, including health and public service sectors. The company's acquisition strategy is also crucial for enhancing capabilities and driving growth.
4. Growth in Managed Services: The managed services segment has demonstrated robust revenue growth, particularly in technology-related managed services, and has outperformed the consulting group in certain periods, contributing significantly to overall revenue expansion.
5. Focus on Large-Scale Transformation Projects and "Diamond Clients": Accenture's strategy includes focusing on large-scale transformation projects and expanding its relationships with "Diamond clients," which represent its largest and deepest client engagements, thereby securing substantial and recurring business.

Share Repurchases

• Accenture repurchased $4.6 billion in shares during fiscal year 2025, following $4.525 billion in fiscal year 2024 and $4.33 billion in fiscal year 2023.
• The company's Board of Directors approved an additional $5 billion in share repurchase authority, bringing the total outstanding authority to approximately $7.9 billion as of August 31, 2025.
• For fiscal year 2026, Accenture plans to increase share repurchases to $5.3 billion.

Share Issuance

• Accenture's annual stock-based compensation, which often results in share issuance, was $2.094 billion in fiscal year 2025.
• This follows stock-based compensation of $1.942 billion in fiscal year 2024 and $1.913 billion in fiscal year 2023.
• As of August 31, 2023, 19,452,323 shares were available for future grants under the Amended 2010 Share Incentive Plan.

Outbound Investments

• Accenture plans to invest approximately $3 billion in acquisitions for fiscal year 2026.
• In fiscal year 2025, the company made $1.5 billion across 23 acquisitions, while in fiscal year 2023, it spent $2.5 billion across 25 acquisitions.
• Recent acquisitions include Decho (a UK-based technology and AI consultancy) in October 2025 and Yumemi (a Japan-based digital services provider) in May 2025.

Capital Expenditures

• Accenture's capital expenditures were $600 million in fiscal year 2025, compared to $516.5 million in fiscal year 2024 and $528.2 million in fiscal year 2023.
• For fiscal year 2026, property and equipment additions are expected to be approximately $1 billion.
• The primary focus for the expected increase in capital expenditures for FY2026 is on expanding real estate and leasehold improvements to accommodate more employees returning to the office.