June 29, 2016

Accenture Named as Leader in Industry Cloud Professional Services, According to IDC MarketScape

Enterprise clients rate Accenture highly in terms of industry cloud expertise and overall value delivery

NEW YORK; June 29, 2016 – Accenture (NYSE: ACN) has been positioned as a leader in the inaugural IDC MarketScape: Worldwide Industry Cloud Professional Services (doc #CA4052521, June 2016) report. The report assesses professional services vendors that have leading experience in the planning, designing and building of industry clouds – in which end-user companies develop cloud-based platforms and offer their own capabilities and expertise through the cloud to other end-user companies in their own industry.

"The industry cloud market is young, yet growing fast, with dozens of new industry clouds emerging each month across many industries. We predict that by 2020, more than 1,000 industry clouds will exist, generating revenue in the tens of billions of dollars,” noted Eric Newmark, vice president of IDC’s Industry Cloud research “We see the industry cloud market representing one of the, if not the, largest vertical growth opportunity for technology vendors and professional services firms through 2025, and Accenture is very well positioned to continue to be a leader in this space given their investments and strategies."

Relative to other vendors discussed in the study and based on feedback from multiple customer references, Accenture was rated highly in industry cloud expertise and overall value delivery. The report also highlights that Accenture helped develop a very large number of industry clouds across 12 different industries, with a robust footprint of the industry clouds spanning North America, Europe and Asia.

“We’ve blazed an aggressive innovation and investment trail in cloud over the past two years to further enhance our cloud capabilities and help drive digital transformation for our clients”, said Paul Daugherty, Accenture’s chief technology officer. “By leveraging our Cloud First agenda, we are helping enterprises move to and reap the benefits of cloud faster and supporting their needs to become more nimble and embrace disruption as opposed to fearing it.”

Accenture has a Cloud First agenda that offers industry-focused cloud services that enables clients to move to the cloud in order to transform their businesses in this new era where applications, infrastructure and business processes are brought together and delivered As-a-Service. Having worked on more than 20,000 cloud computing project for clients, including three-quarters of the Fortune Global 100, Accenture has seen the cloud market steadily evolve and cloud services become a critical element underpinning the future innovation and operations of digital businesses.

“Being named a leader of worldwide industry cloud services is a testament to our commitment to scaling and integrating existing cloud services and developing new ones to address client preferences, whatever they may be,” said Jack Sepple, senior managing director of Cloud at Accenture. “At Accenture, we put the cloud first—recognizing that cloud is a necessary component for everything our clients want to do to become digital businesses—helping companies big or small, and in every vertical, use targeted and industry-specific cloud services to win and lead.”

About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 375,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.

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Alexander Aizenberg
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