Accenture Plc Ireland Stock Price, News & Analysis

Accenture (NYSE: ACN) has strategically invested in Mobeus, a technology firm focused on immersive experiences through transparent computing. Mobeus, founded during the COVID-19 pandemic, aims to create interactive experiences for enhanced human connection using devices people already own. Their first product, Airglass, transforms video conferencing by overlaying multi-media content, facilitating more engaging meetings. This investment reinforces Accenture's commitment to innovation in enterprise technology, connecting startups with clients to address strategic innovation gaps.

Accenture (NYSE: ACN) has announced a strategic investment in BehaVR, a leading innovator in virtual reality (VR) digital wellness and therapeutics. This investment aligns with BehaVR's merger with OxfordVR, enhancing access to VR-based mental health treatments. The combined entity aims to address the urgent need for mental health resources, with projections indicating the digital therapeutics market could exceed $13B by 2027. Accenture's Project Spotlight will support BehaVR in expanding its offerings and driving awareness of its VR-powered services for mental health care.

Accenture Federal Services and the Partnership for Public Service released a report emphasizing the need for federal agencies to align systems with customer experiences. The report outlines a blueprint for enhancing customer experience (CX) through collaboration and investment across various government functions. It identifies seven key steps towards fostering a customer-centric approach, aiming to improve equitable service delivery. The findings will be presented at the Fourth Annual Customer Experience Summit on December 6, 2022, at 10 am ET.

Accenture (NYSE: ACN) has acquired Fiftyfive5, enhancing Accenture Song's capabilities in customer insights and marketing strategies. This acquisition aims to help clients accelerate growth and innovation within Australia and New Zealand. Fiftyfive5, recognized for its customer insight strategies and named B&T Research Agency of the Year, possesses a skilled team of over 200 professionals. The acquisition aligns with Accenture Song's strategy to deepen its service offerings in the evolving US$28.7 billion global customer analytics market expected by 2026.

Accenture announced the promotion of 1,214 individuals to managing director, with 454 (37%) being women, as part of a commitment to gender diversity. The company aims to achieve 30% women at the managing director level by 2025, currently at 29%. Additionally, 119 appointments to senior managing director were made, with women comprising 28% of these positions. Progress on race and ethnicity representation in the US, UK, and South Africa was also reported. These promotions are effective December 1, as highlighted by CEO Julie Sweet.