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Accenture (ACN) maintains its industry leadership through continuous innovation in technology services and strategic business solutions. This news hub provides investors and professionals with essential updates on corporate developments, financial performance, and market initiatives.
Access real-time announcements including quarterly earnings disclosures, partnership formations, and technology advancements. Our curated collection ensures transparent tracking of ACN's global consulting projects, acquisition strategies, and sustainability commitments.
Key updates cover digital transformation milestones, cloud computing expansions, and workforce development programs. Regular filings include SEC-compliant financial reports and executive leadership changes. Bookmark this page for reliable insights into Accenture's operational strategies and industry positioning.
Accenture (NYSE: ACN) has made a strategic investment in Inrupt, a company co-founded by Sir Tim Berners-Lee, aimed at decentralizing personal data management. Inrupt's Enterprise Solid Server employs open-source technology to give users control over their data while enabling organizations to manage it efficiently. This move is part of Accenture's Project Spotlight program, designed to connect emerging tech startups with major enterprises. Research indicates that 89% of executives see technology architecture as crucial for business value generation.
Accenture (NYSE: ACN) has selected ten emerging technology firms for the 2022 FinTech Innovation Lab New York, aiming to drive innovation in fintech. The firms, chosen from nearly 200 global applicants, focus on critical issues such as sustainability, cryptocurrency transparency, and compliance risks. Notable participants include Coverforce, Draivn, and Evercity. The program showcases New York as a fintech hub, with a culmination event on June 23 where participants will present their progress.
Accenture (ACN) has announced its acquisition of digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics tech provider. This strategic move aims to bolster Accenture's Industry X service, allowing the delivery of hyper-automation solutions to manufacturing and logistics firms in Japan. Although financial terms were not disclosed, the acquisition will bring approximately 190 engineers into Accenture's fold, enhancing capabilities in cloud-based logistics and IoT. The deal aligns with Accenture's goal to meet increasing client demand for efficient and sustainable operations.
Accenture (NYSE: ACN) has announced the acquisition of Alfa Consulting, a consultancy firm specializing in operations strategy for capital-intensive industries. This strategic move aims to enhance Accenture's ability to assist clients in Spain, Portugal, and México in building resilient and sustainable supply chains. With a team of 52 specialized consultants, Alfa Consulting brings expertise in analytics and operational models across various sectors. Terms of the transaction remain undisclosed.
Accenture Federal Services (AFS) has secured a $118 million contract from the U.S. Department of State, lasting five years, to enhance data management for the Bureau of Consular Affairs. AFS will implement fraud reduction and data replication for visas and passports, in addition to supporting a State Department database to improve inter-agency information flow, aiding homeland security. The initiative will leverage cloud, AI, and machine learning technologies, aiming to streamline operations and boost data-sharing efficiency among federal partners.
Accenture reported second-quarter fiscal 2022 revenues of $15.0 billion, marking a 24% increase in U.S. dollars and 28% in local currency. Diluted EPS rose 14% to $2.54, up 25% excluding prior year's investment gains. Operating income was $2.06 billion with a 13.7% margin. New bookings reached a record $19.6 billion, up 22%, with growth in both consulting and outsourcing. Accenture raised its fiscal 2022 revenue growth guidance to 24%-26%, with an EPS forecast between $10.61 and $10.81.
Accenture (NYSE: ACN) will host a conference call on March 17 at 8:00 a.m. EDT to discuss its second-quarter fiscal year 2022 financial results. A detailed news release will precede the call. To join, participants can dial +1 (877) 692-8955 or access the call through Accenture's Investor Relations webpage. A replay will be available starting 11:00 a.m. EDT on the same day and accessible until June 22, 2022. Accenture is recognized for its capabilities in digital, cloud, and security across more than 40 industries.
Accenture has launched a dedicated Metaverse Continuum business group to capitalize on the merging of physical and virtual realities. The initiative is backed by findings from the Accenture Technology Vision 2022, indicating that 71% of surveyed executives foresee a positive impact of the metaverse on their organizations. With over 600 patents and significant industry experience, the group will focus on enabling businesses to navigate digital transformation through advanced technologies like extended reality and blockchain.
Accenture Federal Services (AFS), a subsidiary of Accenture, has secured a $199 million contract from the U.S. Department of Homeland Security's Transportation Security Administration (TSA) for a period of seven years. The contract aims to consolidate three credentialing systems into a single platform, enhancing TSA's operational efficiency and response to security threats. This initiative will impact approximately 30 million individuals needing TSA credentials, streamlining processes and modernizing technology to provide better service.