We’ve just come back from a fascinating day in Paris, with the top management of Accenture, to learn more about their strategy and positioning in application services, as the IT services leader rotates its business to ‘the new’ (see Accenture double-digit growth in Q2).
We met CEO Pierre Nanterme, COO Jo Deblaere, and other senior execs within Accenture’s Technology division, where we heard the global strategy and vision, and had deep dives into how Accenture’s Application Services business is transforming.
We had demos and insights across emergent areas like blockchain, artificial intelligence and chatbots, intelligent automation (see What is Intelligent Automation?), as well as from digital design agency Fjord, and new ‘liquid studio’, which focuses on rapid prototyping to product development. This is literally a new world for Accenture, in which the results continue to show, digital is accelerating in the region of 40-50%.
Nanterme talked about Accenture's Ambition 2020 strategy – an 8-year horizon launched in 2012, to create a new Accenture where the majority of its revenues will be in the new. Nanterme identified this via the acronym IMACS, which stands for interactive, mobility, analytics, cloud and security. This strategy has been behind Accenture’s continuing M&A activity, which is now seeing it invest $1bn on acquisitions, more than at any time in the company’s history.
But it's also about future-proofing Accenture's competitiveness too; supporting start-ups via its Open Innovation venture (see here) and through partnerships with ParTech Ventures in Europe (see here), and RocketSpace in San Francisco (see here).
There's much more to tell, which we will provide in a future AnalystViews note, only for TechMarketView subscribers.
Posted by John O'Brien at '09:30'
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