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Accenture

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States rely on consultants to enforce Trump-era Medicaid work rules
health-policy12 days ago

States rely on consultants to enforce Trump-era Medicaid work rules

States are paying Deloitte, Accenture, Optum and other contractors millions to update Medicaid and SNAP eligibility systems to implement Trump’s work requirements, a move likely to drive up upfront costs while analysts project about 7.5 million fewer people could be uninsured by 2034 and roughly 2.4 million losing food assistance; Wisconsin, Iowa, Kentucky, Illinois and Vermont are among states lining up multi-million-dollar contracts as the federal government foots most of the bill.

Accenture to Buy Ookla for $1.2B, Bolstering AI-Driven Network Data
technology1 month ago

Accenture to Buy Ookla for $1.2B, Bolstering AI-Driven Network Data

Accenture agreed to acquire Ookla (owner of Speedtest, Downdetector, RootMetrics, and Ekahau) from Ziff Davis for $1.2 billion in cash, with plans to embed Ookla’s data into offerings for telecoms, hyperscalers, and governments to optimize Wi‑Fi and 5G, enhance AI infrastructure resilience, improve fraud prevention, and enable analytics. Ookla reports ~250 million tests per month, ~430 employees, and 2025 revenue of $230.7 million with net income of $76.1 million. The deal is expected to close in coming months, with Accenture continuing to operate Ookla’s business as is.

Accenture to Acquire Ookla's Downdetector and Speedtest for $1.2B
cybersecurity1 month ago

Accenture to Acquire Ookla's Downdetector and Speedtest for $1.2B

Accenture is buying Ziff Davis's Connectivity division, which runs Downdetector and Speedtest (Ookla), for about $1.2 billion in cash. The move lets Ziff Davis focus on its core brands (IGN, Mashable, Everyday Health) while Accenture adds end-to-end network intelligence capabilities for AI-driven transformation. Downdetector and Speedtest will continue to operate under Ziff Davis during the transition, and the deal may take several months to finalize; Ookla’s growth in part came from 5G rollout and pandemic-era bandwidth demand.

Accenture Surges in Revenue Amid AI Growth Despite Stock Drop
business3 months ago

Accenture Surges in Revenue Amid AI Growth Despite Stock Drop

Accenture exceeded Wall Street revenue expectations in Q1, driven by strong demand for AI-driven IT services and strategic partnerships with AI startups, despite some challenges in the public sector. The company reported $18.74 billion in revenue, surpassing estimates, and plans to continue its AI expansion, though it forecasted slightly lower revenue for the next quarter.

Accenture Expands Data Center Capabilities with DLB Acquisition
business3 months ago

Accenture Expands Data Center Capabilities with DLB Acquisition

Accenture is acquiring a majority stake in DLB, a leader in data center development services, to enhance its end-to-end capabilities in infrastructure and capital projects, especially to support the growing demand for AI-driven data centers. This move expands Accenture's global presence and expertise in supporting hyperscalers and cloud providers, aligning with its strategy to grow in infrastructure services and AI readiness.

Accenture Warns Staff of Job Losses Without AI Adoption
business6 months ago

Accenture Warns Staff of Job Losses Without AI Adoption

Accenture emphasizes the importance of AI skills for its staff, investing heavily in upskilling and hiring, while preparing to exit employees who cannot adapt to AI-driven roles, as part of its broader business optimization strategy. The company has seen significant revenue growth from AI services but faces challenges with US government contracts and is optimistic about future opportunities.

Accenture CEO Julie Sweet on Leading Through Restructures and Embracing AI
business7 months ago

Accenture CEO Julie Sweet on Leading Through Restructures and Embracing AI

Accenture CEO Julie Sweet led a major organizational restructure by personally delivering a video message to her global workforce, emphasizing the importance of human connection and clear communication during times of change. Her approach reflects her innovative leadership style and focus on aligning organizational structure with strategic goals in the digital age.

Julie Sweet Turns AI Challenge into Accenture's Advantage
business8 months ago

Julie Sweet Turns AI Challenge into Accenture's Advantage

Julie Sweet has transformed Accenture into a leading global consulting and technology firm by making bold decisions, such as exiting Russia swiftly during the Ukraine invasion, aggressively acquiring AI and digital capabilities, and restructuring the company to better serve clients in a rapidly changing technological landscape. Her leadership has driven significant growth, strategic innovation, and a focus on reinvention, despite personal and political challenges.