For the first quarter of the 2025 fiscal year, Accenture expects revenues to range between $16.8 billion and $17.4 billion, which is a 2% to 6% increase compared to last year. For the full year, the company reported revenue growth of 2%, reaching $64.9 billion. In the August quarter alone, Accenture generated $16.4 billion in revenue, reflecting a 5% increase year-on-year.
Accenture is making exciting plans to expand its workforce in India! During a recent investor call, CEO Julie Sweet announced that the company is prioritising hiring in the country, especially in technology roles. This move not only addresses Accenture's growth strategy but also reinforces its commitment to leveraging the immense talent pool in India.
Also read: WFH ends at Dell; sparks outrage among employees
With over 300,000 employees in India—out of a total of 770,000 globally—Accenture has shown a strong presence in the Indian market. In the 2024 financial year, the company welcomed 41,484 new team members, with over 24,000 joining in just the August quarter. Accenture follows a September-August financial year, and this hiring spree highlights its focus on expanding capabilities in technology, which is a significant growth driver as the company looks ahead to FY25.
In addition to hiring more talent, Accenture’s board has also approved a substantial $4 billion share buyback plan, raising its total authority to approximately $6.7 billion. This decision, coupled with a revised revenue forecast of 3% to 6% growth for the 2025 financial year, showcases Accenture’s optimism about its future. The company attributes this positive outlook to a more favourable macroeconomic environment and the recent interest rate cuts by the US Federal Reserve.
For the first quarter of the 2025 fiscal year, Accenture expects revenues to range between $16.8 billion and $17.4 billion, which is a 2% to 6% increase compared to last year. For the full year, the company reported revenue growth of 2%, reaching $64.9 billion. In the August quarter alone, Accenture generated $16.4 billion in revenue, reflecting a 5% increase year-on-year.
Accenture's impressive performance extends to its new bookings as well. In the 2024 fiscal year, the firm achieved a record $81.2 billion in new bookings, marking a 13% increase from the previous year. In the fourth quarter alone, the company secured GenAI bookings worth $1 billion. Sweet highlighted that these achievements were made possible through strategic leadership in Generative AI, a transformative technology expected to shape the industry over the next decade. The firm secured $3 billion in new bookings from this technology alone.
In her message to employees, Sweet also acknowledged that while smaller deals typically convert to revenue faster, reduced client spending on these deals had an impact on growth this year. Nevertheless, Accenture remains optimistic about its future, continuing to invest in its business and positioning itself for strong growth.
So, for techies in India, this news is a beacon of hope! With Accenture's ongoing commitment to hiring and innovation, there are more opportunities on the horizon. Whether you're a fresh graduate or an experienced professional, the tech landscape is buzzing with potential, and Accenture is leading the way
Accenture new research finds that companies with AI-led processes outperform peers.
According to the report, ‘Reinventing Enterprise Operations with Gen AI’, globally, the number of companies that have fully modernized, AI-led processes and have achieved intelligent operations has nearly doubled from 9% in 2023 to 16% in 2024.
New research from Accenture (NYSE: ACN) indicates that 79% organizations in India have seen investments in generative AI and automation meet or exceed expectations, with 64% planning to increase their efforts and further strengthen these capabilities by 2026.
According to the report, ‘Reinventing Enterprise Operations with Gen AI’, globally, the number of companies that have fully modernized, AI-led processes and have achieved intelligent operations has nearly doubled from 9% in 2023 to 16% in 2024. Compared to peers, these organizations achieve 2.5x higher revenue growth, 2.4x greater productivity and 3.3x greater success at scaling generative AI use cases. In what is a key highlight, the research found that in India the corresponding number of companies that have fully modernized, AI-led processes, and intelligent operations has tripled from 8% in 2023 to 25% in 2024.
Findings also assessed that these ‘reinvention-ready’ companies are moving faster and are amplifying the impact of generative AI across the business. Enabled by a digital core, in India, these organizations have already developed generative AI use cases in finance (76%), IT & security (65%), customer service (63%), and other core functions.
While the research indicates that some companies are reinvention-ready—moving to the highest level of operations readiness—a majority, 64% globally, and 58% in India, still struggle to change the way they operate. The reasons for this are universal.
Globally, organisations lag behind on building a robust data foundation. For example:
- 61% report that their data assets are not ready for generative AI yet
- 70% find it hard to scale projects that use proprietary data.
- Across the world, the deep dependency on people is often overlooked:
- 82% of companies at the early stage of operations readiness, have not applied a talent reinvention strategy, planned to meet workforce needs, or acquired new talent or training to prepare workers for generative AI-led workflows.
In fact, many executives (78%) indicate that AI and generative AI are advancing too fast for their organization’s training efforts to keep pace.
The findings are an outcome of an Accenture survey of 2,000 executives, across 12 countries and 15 industries. This included 200 senior executives (81% CXOs) from companies headquartered in India.
“Most executives understand the urgency of reinventing with generative AI, but in many cases their enterprise operations are not ready to support large scale transformation,” said Arundhati Chakraborty, group chief executive of Accenture Operations.
“Generative AI is more than the technology. It is a driver of a mindset change that impacts the entire enterprise. It requires organizations to have a strong digital core, data strategy and a well-defined roadmap to change the way they operate. Additionally, an end-to-end perspective leveraging talent, leading practices and effective collaboration between business and technology teams is essential for intelligent operations.”
The report highlights four key actions business leaders should take to advance their operations maturity:
Implement a centralized data governance and domain-centric approach to data modernization. Connect processes and tools across functions to ensure people have a clear understanding of how to create, handle and consume data, which should be structured in a standardized way to be accessed by AI tools across the business.
Embrace a talent-first reinvention strategy. Reinvent work and rethink processes and entire workflows to gain a clear view of where generative AI can have the most impact in serving customers, supporting people and achieving business outcomes.
Ensure business and tech teams co-own reinvention. Collaboration drives innovation as both teams jointly own how assets, platforms and products are developed to leverage the full capabilities of generative AI, enterprise wide.
Adopt leading processes to drive business outcomes. Apply cloud-based process mining to calibrate internal and external benchmarks so it’s easier to visualize process gaps and get clear insights into operational inefficiencies or opportunities for improvement