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Accenture Acquired Udacity, Launched Accenture LearnVantage Platform

7Mar By AdityaNo Comments

ACQUISITION, News

Accenture Acquired Udacity, Launched Accenture LearnVantage Platform

MOUNTAIN VIEW, California; March 7, 2024 – IT MNC Accenture acquired Udacity, a digital education pioneer with deep expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction. Terms of the transaction were not disclosed. Udacity’s team of more than 230 professionals will join newly launched edtech platform Accenture LearnVantage, which provides Accenture’s clients with comprehensive technology learning and training services that will help them reskill and upskill their people in technology, data and AI to reinvent their organizations and achieve greater business value. The company will invest $1 billion in Accenture LearnVantage over three years. According to Accenture research, busi...

Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025

4Jan By PriyankaNo Comments

ANALYSIS

Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025

NEW YORK, January 04, 2022-- A new study by Accenture (NYSE:ACN) found that the $492 billion global social commerce industry is expected to grow three times as fast as traditional ecommerce to $1.2 trillion by 2025. Growth is predicted to be driven primarily by Gen Z and Millennial social media users, accounting for 62% of global social commerce spend by 2025. According to Accenture’s report, “Why Shopping’s Set for a Social Revolution,” social commerce means a person’s entire shopping experience from product discovery to the check-out process takes place on a social media platform. Just under two thirds (64%) of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 billion social buyers globally. “The pa...

26Aug By AdityaNo Comments

News

Accenture Plan to Reduce 5% Workforce

New York, 26th Aug 2020: Thousands of roles at Accenture could be impacted as the global IT services company is looking to reduce at least 5 percent of its global workforce. Accenture has a global workforce of around 5.13 lakh people, in which about 2 lakh are from India. The workforce reduction might have an impact on its Indian operations. In a statement, Accenture said, "it was not planning extraordinary global workforce actions at this time but every year, as part of our performance process, we have conversations with our people about how they are performing, areas for improvement, their potential to progress, and whether they are a long term fit for Accenture." "This year, across all parts of our business and all career levels, we will identify approximately five percent of o...

Why Accenture’s $32 Million Lawsuit is a Lesson for Every Business

6Aug By AdityaNo Comments

Story

Why Accenture’s $32 Million Lawsuit is a Lesson for Every Business

Even the best drop the ball sometimes. This might be the biggest lesson young business owners could learn from watching the consultancy deal between Accenture and Hertz crash and burn. This is a story where “faking it until you make it,” works for a while but then when it’s time to get down to business, true colors start to show, and mistakes are revealed in ugly truths. Here some lessons you can learn as a small business owner from Accenture’s $32-million lawsuit. 1. Take the time to study your contract There are a lot of ways you can avoid expensive mistakes like the ones that got Accenture on the defense for a $32 million lawsuit. Hertz wanted to revamp its online footprint back in 2016 and entrusted the job to Accenture, which is no doubt the most prominent consult...

Accenture Acquires an Oracle ERP Cloud Services Provider

22Oct By Gauri SinghNo Comments

ACQUISITION

Accenture Acquires an Oracle ERP Cloud Services Provider

Global professional services company Accenture has announced the acquisition of an Oracle ERP Cloud services provider known as DAZ Systems. The amount of the deal has, however, not been disclosed. The company stated that the deal would help them improve its Oracle capabilities and delivers new value for clients on their journeys to the cloud. As a part of the deal, DAZ’s more than 300 professionals will join Accenture’s Oracle Business Group. "DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio," said Bhaskar Ghosh, group chief executive, Accenture Technology Services. "Organizations demand proven expertise, as well as new innovative solutions and methods to help them transform their b...