Accenture Reduces U.S. Pension Obligations by $1.6 Billion Through Previously Announced Plan Termination, Following Asset Transfer to AIG and MassMutual

NEW YORK; June 23, 2017 – Accenture (NYSE: ACN) has completed the termination of its U.S. Pension Plan (the “Plan”), which was previously announced in March 2016, by entering into agreements with American General Life Insurance Company (AGL) – a subsidiary of American International Group, Inc. (AIG) – and Massachusetts Mutual Life Insurance Co. (MassMutual). Under these agreements, the Plan has transferred pension assets to AGL and MassMutual to settle approximately $1.0 billion of outstanding pension obligations. The annuity settlement is part of Accenture’s three-step strategy to reduce its pension obligations, as follows:

FinTech Innovation Lab Celebrates Seventh Anniversary, Entrepreneurs Debut Breakthrough Technologies in Cybersecurity, Artificial Intelligence and Fraud Detection

NEW YORK; June 22, 2017 – The New York FinTech Innovation Lab, founded by Accenture (NYSE:ACN) and the Partnership Fund for New York City, celebrates seven years as it kicks off its annual Demo Day, hosted at the Bank of America Tower at Bryant Park. Eight startups will debut the innovations that came out ahead from this year’s applicants, including cybersecurity, artificial intelligence and fraud detection technologies. 

Accenture Reports Strong Third-Quarter Fiscal 2017 Results

NEW YORK; June 22, 2017 – Accenture (NYSE: ACN) reported financial results for the third quarter of fiscal 2017, ended May 31, 2017, with net revenues of $8.9 billion, an increase of 5 percent in U.S. dollars and 7 percent in local currency over the same period last year.  

Accenture Named by Hewlett Packard Enterprise as 2017 Global System Integrator Alliance Partner of the Year

NEW YORK; June 21, 2017 – Accenture (NYSE: ACN) was named the winner of the 2017 Global System Integrator Alliance Partner of the Year Award by Hewlett Packard Enterprises (HPE), for its excellent financial performance and work driving significant business results for shared customers. 

Accenture to Host Conference Call Tomorrow, June 22, to Discuss Third-Quarter Fiscal Year 2017 Results

NEW YORK; June 21, 2017 – Accenture (NYSE: ACN) will host a conference call at 8:00 a.m. EDT tomorrow, June 22, to discuss its third-quarter fiscal year 2017 financial results. A news release containing these results will be issued before the call.

Accenture Report: Artificial Intelligence Has Potential to Increase Corporate Profitability in 16 Industries by an Average of 38 Percent by 2035

NEW YORK; June 21, 2017 – Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture (NYSE: ACN). The introduction of AI could lead to an economic boost of US$14 trillion in additional gross value added (GVA) across 16 industries in 12 economies.

Accenture Again Positioned as a Leader in IDC MarketScape on Life Science Drug Safety Services

NEW YORK; June 20, 2017 – Accenture (NYSE: ACN) has been positioned as a “Leader” in IDC Health Insights’ recently published report, “IDC MarketScape: Worldwide Life Sciences Drug Safety Services 2017 Vendor Assessment.” 1 This is the second consecutive time Accenture has been named a Leader in the vendor assessment report, which is derived from qualitative and quantitative metrics as well as end-user feedback of drug safety service providers in the life sciences industry through the IDC MarketScape model. Click here for a link to the 2017 report. 

Accenture, Microsoft Create Blockchain Solution to Support ID2020

NEW YORK; June 19, 2017 – Accenture (NYSE: ACN) is leading a “call to action” and responding with blockchain and biometric technologies to support ID2020, a global public-private partnership dedicated to solving the challenges of identity faced by more than 1.1 billion people around the world.  

Accenture Positioned as a Leader in Everest Group 2017 Analytics Business Process Services Assessment

NEW YORK; June 19, 2017 – Accenture (NYSE: ACN) has been named a Leader among providers of analytics business process services (BPS), in the latest Everest Group report: Analytics Business Process Services – Service Provider Landscape with PEAK Matrix™ Assessment 2017. Accenture is positioned above all competitors in analytics BPS delivery capability, based on its scale of operations, scope of services, investments in technology, global delivery footprint and buyer satisfaction.

Accenture Employees to Pack and Donate 100,000 Meals to Toronto’s Daily Bread Food Bank

TORONTO; June 16, 2017 – Accenture (NYSE: ACN) employees in Toronto today are packing and donating 100,000 hunger-relief meals to Daily Bread Food Bank to relieve an annual reduction in donations that typically occurs after the winter holidays have ended and warmer weather arrives. Accenture is also making a $10,000 cash donation to the food bank.