Less than Half of Financial Services Firms Confident in Their Ability to Meet LIBOR Transition Deadline, Accenture Report Finds

NEW YORK; Sept. 16, 2019 – While most banks, insurers and capital markets firms have plans to transition away from the London Interbank Offered Rate (LIBOR) — which regulators are set to phase out at the end of 2021 — less than half (47%) are confident they have the necessary talent and capabilities to complete the transition by then, according to a new report from Accenture (NYSE: ACN).
September 16, 2019

Accenture Report Highlights How Small Number of Chinese Companies Are Unlocking New Growth by Digitizing Their Businesses

BEIJING; Sept. 9, 2019 – New research from Accenture (NYSE: ACN) has found that a small percentage of Chinese companies are outperforming peers by digitizing their businesses. These companies, which Accenture refers to as “Rotation Champions,” are generating more than half of their revenues from new business areas.
September 09, 2019

U.K. Digital-Only Banks on Track to Triple Customers to 35 Million in the Next 12 Months, Finds New Research From Accenture

LONDON; Sept. 4, 2019 – Digital-only banks operating in the U.K. could amass a total of 35 million customers globally within the next 12 months — up from 13 million today — based on current growth rates, according to new research from Accenture (NYSE: ACN) which tracks the performance of UK digital banks. In the first six months of 2019 alone, five million people opened an account with a digital-only bank.
September 04, 2019

Nearly Two-Thirds of Enterprises Feel That Their Networks Are Not Fully Ready to Support Their Business, Finds Accenture Report

NEW YORK; Sept. 4, 2019 – A new report from Accenture (NYSE: ACN) reveals that while enterprises have embraced advanced digital technologies, such as IoT/edge computing (77 percent), big data/analytics (83 percent) and digital customer experience (78 percent), only 36 percent are “very satisfied” that their network currently has the capabilities required to support their business needs. That leaves 64 percent that see room for improvement.
September 04, 2019

Oil Refiners Have Increased Investments in Digital Despite Lower Improvements in Operating Margins from These Technologies, According to Research from Accenture

NEW YORK; Sept. 3, 2019 – While oil refiners have yet to fully capitalize on digital investments, as demonstrated by digital technologies delivering lower margin improvements in refining operations this year, they continue to increase investments in digital technologies, according to a new report from Accenture (NYSE: ACN).
September 03, 2019

Semiconductor Industry Leads in Artificial Intelligence Adoption, Accenture Report Finds

NEW YORK; Aug. 21, 2019 – The semiconductor industry is the most bullish about adopting artificial intelligence (AI) and understanding the significant impact it will have on their industry, according to Accenture Semiconductor Technology Vision 2019, the annual report from Accenture (NYSE: ACN) that predicts key technology trends likely to redefine business over the next three years.
August 21, 2019

Small and Medium-Sized Businesses in Asia-Pacific Hesitant to Embrace Digital Platforms, Accenture Study Finds

BEIJING, TOKYO and JAKARTA, Indonesia; Aug. 20, 2019 – Small and medium-sized businesses (SMBs) in Asia-Pacific (APAC) are hesitant to embrace digital tools, citing issues including inadequate support, high costs and complexity as leading barriers to adoption, according to a new report from Accenture (NYSE: ACN).
August 20, 2019

Global Fintech Fundraising Fell in First Half of 2019, with Decline in China Offsetting Gains in the US and Europe, Accenture Analysis Finds

HONG KONG, NEW YORK and LONDON; Aug. 14, 2019 – Global investment in financial technology (fintech) ventures fell sharply in the first half of 2019, as fundraising and deal activity in China that had soared a year earlier ground to a halt, partially offsetting strong gains in the U.S., U.K. and several other European countries, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.
August 14, 2019

Better Collaboration Between Pharma and Patient Organizations Would Improve Patient Care, Accenture Study Finds

FRANKFURT and NEW YORK; Aug. 6, 2019 ‒ To deliver better patient experiences, pharmaceutical companies should collaborate with nonprofit organizations that provide support services and advocate for patients, according to a new study from Accenture (NYSE: ACN).
 
August 07, 2019

Cost of Cybercrime Continues to Rise for Financial Services Firms, According to Report from Accenture and Ponemon Institute

NEW YORK; July 16, 2019 – The cost to address and contain cyberattacks is greater for financial services firms than for companies in any other industry and the containment costs continue to inch upwards, according to a report from Accenture (NYSE: ACN) and the Ponemon Institute. 
July 16, 2019