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Accenture, a global giant of IT service and consultancy with a significant workforce in India, recorded an increase in 8% revenue on an annual basis at $ 7.7 billion for its March-May quarter, led by the strong demand for services relating to the AI. The company based in Ireland, which operates on a tax calendar of September-August, has detected a positive impact of 0.5% on 0.5% on its quarterly revenues.The company has increased the lower range of the prediction of revenue growth for the whole year to 6-7% in local currency, compared to 5-7%, reflecting the trust in its services. However, the challenges are persisted, with the gross margin which fell to 32.9% from 33.4% a year before and a record quarterly reduction of 10,337, bringing its global workforce to about 790,000. Despite an increase of $ 2.15 billion on an annual basis of the reservations of Ai Generative (Genai) for the first nine months of Fy25, overall reservations decreased by $ 1.75 billion compared to the same period in the exercise24.
What the CEO of Accenture Julie Sweet said on profits
Accenture continues to invest heavily in AI, increasing your data and the artificial intelligence workforce to 75,000 and aims at 80,000 by the end of the tax year. “We are the leader of Genai, reaching another quarter of milestone with $ 1.5 billion of reservations and over $ 700 million in revenue,” said President and CEO Julie Sweet during the use of profits. He highlighted total reservations of $ 4.1 billion and revenues of $ 1.8 billion for the year to date.
The Americas have contributed with most of the total revenues
The Americas led the regional performance, contributing to $ 8.97 billion to total revenue, followed by Europe, the Middle East and Africa (EMEA) with $ 6.23 billion and Asia-Pacific with $ 2.53 billion. New reservations for the quarter are amounted to $ 19.7 billion, falling by 6% in US dollars, with $ 9.08 billion from consultancy services and $ 10.62 billion from managed services. The accommodation of Accanti of Accenture was $ 9.6 billion at the end of the third quarter. Looking to the future, the company designed for the Q4 Fy25 between $ 17 billion and $ 17.6 billion, reporting optimism for continuous growth. “We remain focused on being the reinvention partner of our customers, as highlighted by $ 19.7 billion of reservations, including 30 customers with quarterly reservations above $ 100 million”, added Sweet, underlining Accenture’s leadership in large -scale transformations.
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