Title: Accenture CEO Julie Sweet Says New Brand Campaign Is About Embracing Change
Headings: Accenture CEO Julie Sweet Says New Brand Campaign Is About Embracing Change
Accenture CEO Julie Sweet Says New Brand Campaign Is About Embracing Change
Content: Accenture has also been actively buying up other companies during the pandemic. After spending $1.5 billion on acquisitions during the last fiscal year, Sweet says it has spent $1 billion on acquiring more than a dozen companies globally during the pandemic. In September, it acquired Atlanta-based N3 to drive sales in virtual environments, and earlier this month, it also acquired Ottawa-based consultancy Avenai to expand its public sector work in Canada. Other acquisitions since March have included companies focused on logistics, digital commerce, cloud software services and artificial intelligence. Accenture also recently announced plans to invest $3 billion over the next three years to help clients develop “cloud first” businesses. Accenture’s pandemic-era activity hasn’t been all positive. In August, the company laid off around 25,000 employees, or about 5% of its global workforce of 500,000. However, the company has continued to beat its earnings estimates, and in the second half of the fiscal year, the company grew market share at four times the market average. “We actually met or exceeded our (revised) guidance,” Sweet says. “ Just think about that: