Middle Eastern Companies That Take a Strategic Approach to Innovation Achieve Higher Profitability and Productivity, According to New Accenture Report

ABU DHABI; April 5, 2021 – Middle Eastern companies registered a significant surge in their innovation strategy scores on Accenture’s Innovation Maturity Index, as businesses reviewed their strategies due to COVID-19. However, the new report by Accenture (NYSE: ACN) found that despite the pandemic opening doors to embrace new ways of working and doing business, there was only a marginal uptake in companies reimagining themselves, reflected by a 1% increase in the overall index score. This signifies the regional dichotomy between a culture that sets companies up to innovate new ways of working enabled by technology and traditional ways of doing business, which often requires a physical presence.
April 05, 2021

Accenture and Sumitomo Chemical Establish Joint Venture to Drive Digital Transformation

TOKYO; Apr. 1, 2021 – Accenture (NYSE: ACN) and Sumitomo Chemical have established a joint venture SUMIKA DX ACCENT, which began operations today. The joint venture will leverage the power of artificial intelligence (AI), data analytics and other technologies to transform operations and create new businesses at Sumitomo Chemical Group. It is 80% owned by Sumitomo Chemical and 20% by Accenture.
 
April 01, 2021

Accenture and Global Ventures Establish Strategic Partnership to Further Drive Middle East Innovation

ABU DHABI; Mar. 31, 2021 – Accenture (NYSE: ACN) and Global Ventures, a UAE-based venture capital firm, today announced a strategic partnership. The partnership reflects Accenture’s commitment to innovation in the region and its aim to provide its clients with an edge in their transition to a new normal in the future.
March 31, 2021

Accenture Delivers Cloud-Based Solution to Help Regions Bank Enhance PPP Loan Application and Forgiveness Processes

NEW YORK; Mar. 30, 2021 – Accenture (NYSE: ACN) has developed a comprehensive, cloud-based Paycheck Protection Program (PPP) loan application and forgiveness solution built on Salesforce technology for Regions Bank.
March 30, 2021

Accenture Federal Services Wins $453 Million Veterans Affairs Contract to Support and Modernize GI Bill Benefits Processing

ARLINGTON, Va.; Mar. 29, 2021 – Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has won a $453 million prime contract from the U.S. Department of Veterans Affairs (VA) to modernize and improve GI Bill claims processing for veterans, service members and their dependents.
March 29, 2021

Accenture to Acquire Cygni to Help Clients Accelerate Cloud First Strategies With Software Engineering Services

STOCKHOLM, Sweden; Mar. 29, 2021 – Accenture (NYSE: ACN) has entered into an agreement to acquire Cygni, a cloud native full-stack development firm that helps companies transform their business through advanced technical software development services and innovative technical solutions. Terms of the transaction were not disclosed.
March 29, 2021

Tata Consumer Products Digitally Transforms Supply Chain with Blue Yonder and Accenture

NEW YORK, SCOTTSDALE, Ariz. and KOLKATA, India; Mar. 24, 2021Tata Consumer Products Limited (TCPL) has created an autonomous and integrated supply chain with Blue Yonder, world leader in digital supply chain and omni-channel commerce fulfillment, and implemented by Accenture (NYSE: ACN). Leveraging solutions in Blue Yonder’s LuminateTM Planning, the digital transformation of TCPL’s supply chain will improve end-to-end visibility across the value chain to meet growing consumer demands and enable purposeful growth.
March 24, 2021

Enhanced Last-Mile Delivery Can Reduce Traffic Congestion and Air Emissions in Cities, Accenture Report Finds

ARLINGTON, Va.; March. 23, 2021 – By taking bold steps to transform how last-mile delivery ecosystems operate, post and parcel organizations, retailers and delivery companies could reduce harmful emissions and traffic congestion within cities, according to a new study by Accenture (NYSE: ACN) undertaken in collaboration with Frontier Economics.
March 23, 2021

Accenture and Ripjar Help Shell Transform Risk Screening by Applying Artificial Intelligence Across Its Global Supply Chain

LONDON, Mar. 22, 2021 – Accenture (NYSE: ACN) and Ripjar, a leading UK-based data intelligence company, are collaborating with Royal Dutch Shell to further enhance risk screening within its global supply chain using artificial intelligence (AI).
March 22, 2021

Accenture Reports Very Strong Second-Quarter Results and Raises Business Outlook for Fiscal 2021

NEW YORK; Mar. 18, 2021 — Accenture (NYSE: ACN) reported financial results for the second quarter of fiscal 2021, ended Feb. 28, 2021, with revenues of $12.1 billion, an increase of 8% in U.S. dollars and 5% in local currency over the same period last year. Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs.
 
Click to download Q2 FY21 and Q2 YTD FY21 earnings infographics.
 


 
March 18, 2021