Accenture Invests $100 Million to Extend Leadership in Information Management Services
Clients to Benefit from Access to Information Solutions that Can Help Better Manage Their Business, Interact With Customers and Make Financial and Operational Decisions
NEW YORK; July 19, 2005 – Accenture today announced that the company will invest $100 million over the next three years to accelerate the growth of its information management services. Accenture has named Royce Bell to lead this global practice which will marshal the skills and capabilities of more than 5,000 Accenture consultants around the world who specialize in information management services, including business intelligence and content management, across Accenture’s service lines and industry groups.
Information management is the set of processes by which companies can manage both structured data and unstructured content. According to industry analyst estimates, the market for the full array of these types of services is growing at approximately 9 percent annually and is estimated to exceed $27 billion by 2007.
The information management services team will weave enhanced capabilities into a comprehensive array of offerings designed to help clients harness, view, manage, analyze and store data, text and other information to improve decision making, financial and operational management and customer service. These offerings will be one of the cornerstones of Accenture’s services designed to help companies become high-performance businesses.
"This investment will enable Accenture to extend its existing information management capabilities to provide a broader set of services and deliver business value that is superior to that provided by competitive offerings," said Karl-Heinz Floether, Accenture’s Group Chief Executive, Technology and Delivery. "We are committed to being the undisputed leader in this market space."
Among the information management related services that Accenture currently provides are business intelligence, content management, enterprise performance management, and secure information management. Many of these offerings are bundled into industry-specific solutions, such as credit risk management for financial services firms, trading and risk management for energy companies, and revenue optimization for the government sector.
Accenture first began working with clients on their information management needs in 1992. To date, the company has completed approximately 4,000 information-management-related projects and is currently involved in more than 300.
“Our clients are grappling with ‘information overload,’” said Royce Bell, Chief Executive Officer, Accenture Information Management Services. “To manage their businesses, interact with customers and make financial and operational decisions more efficiently and effectively, they must be able to maximize the use of all the data and content at their disposal. In short, our enhanced information management capabilities should help them do just that.”
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With more than 115,000 people in 48 countries, the company generated net revenues of US$13.67 billion for the fiscal year ended Aug. 31, 2004. Its home page is www.accenture.com.
Jill E. Posnick
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