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‘Not just one challenge; Accenture clients are facing everything, all at once’

Accenture Plc. On Friday, Fortune 500 companies withdraws unnorked technology expenditures by global conflicts and tariff wars, and provided a silent guidance for the current quarter.

The dominant guide shook investors and the world’s largest information technology outsourcing operations $ 7.6% $ 283% from $ 283 during the Indian time. Guidance may indicate more challenges for IT CT Service companies, which initiate India’s financial years with a weak note.

Also read | Accenture and InfoSE beat TCs. What is N. Chandrasekaran planning?

Accenture recorded revenue increase – 6% and annually 7.7.7.73 billion dollars, respectively, but the company is waiting for more slow days. In the fourth quarter (March-May), the company expects an income of $ 17-17.6 billion. Accenture follows the September-August financial year, while Indian IT companies follow the April-March calendar.

The company cut 10,000 in the last quarter with 790,000 employees.

Accenture marked the threat from US President Donald Trump’s Iran-Israeli conflict, and the threat from US President Donald Trump’s tariffs and policy-free flippings. This implies that the new business can be more difficult to reach the outsourcing of the Indian IT, which publishes its three -month earnings next month.

Also read | Customers in standby and monitoring mode will take a quarter to measure the effect of tariffs: Accenture

Julie Sweet, President and General Manager of Accenture during the conference meeting of the company after earnings, said, iz As we shared in the last quarter, we continue to see a significant uncertainty in a global economic and geopolitical environment compared to 2024 compared to 2024. ”

The IT Services Company did not raise the upper end of 7% growth guidance throughout the year and did not reflect its views on the macroeconomic environment.

Accenture expects to spend up to $ 1.5 billion for purchases during this financial year. The management said that approximately 3% of the full -year growth of 7% is expected from purchases.

Sweet added that customers are facing multiple difficulties at the same time.

Also read | How did Indian IT companies be thrown with great agreements?

“In every meeting room and in every sector, our customers are not facing a single challenge – they face everything at the same time with economic volatility, geopolitical complexity and major changes in customer behavior,” he said.

Accenture’s Dim Outlook Stokes, Tata Consultancy Services Ltd, InfoS LTD, HCL Technologies Ltd, Wipro Ltd and Tech Mahindra LTD, including India’s largest uncertainty, further uncertainty, to compete to compete in the last Fishal. A diminishing big order book is expected to ask questions about Indian preparation to ventilate the macroeconomic storm.

One -third of Accenture’s three -month income came from software products.

Sweet added that the pause in technology expenses is short and that customers want to be the first person to adopt artificial intelligence (AI).

Sweet, “Every day I talk to the CEOs and you know, there was all this narrative about a pause and sitting on the edge. And I can tell you, it was very short. Our customers have moved to focus and jump without pause, Sweet said Sweet.

Previously, an analyst said Accenture may have difficulty in making agreements in the second half of the fiscal year.

In addition to this, BMO Capital Markets analyst Keith Bachman said in a note of 18 June, in addition, we believe that difficult reservations faced with Accenceure were compared in 2HFY25. ” Bachman, “the economic environment collectively weakened”, the CUBLICE’S technology expenditures as it withdrawing CTs can be more difficult for external users.

However, a bright point on the company’s report card was Genei (Productive Artificial Intelligence) order book.

In the quarter, Accenture provided new reservations of $ 1.5 billion in a quarter, which constitutes almost 8% of general order reservations of 19.7 billion dollars for the quarter. In the same quarter, Accenture earned $ 700 million from GEN AI projects. So far, since September 2023, the company has increased the total number of orders in Gen Ai to $ 7.1 billion.

For the context, the total order reservations of Accenture only from Genai are more than the FY25 income of Tech Mahindra Ltd, India’s fifth largest software services company. Teh Mahindra ended the last financial year with an income of $ 6.26 billion.

Accenture was the first software services company that indicates the value of the GEN AI agreement. This is, unlike new technology, unlike homemade CT service providers who do not syncuse or approved orders.

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