#Accenture Q3 Results

[sharebazaar-intensifyresearch]

From TCS to Infosys, IT stocks in focus after Accenture’s Q3 results

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[alphst]

ACN Earnings: All you need to know about Accenture’s Q3 2023 earnings results

Accenture (NYSE: ACN) reported third quarter 2023 earnings results today. Revenues were $16.56 billion, up 3% in US dollars and 5% in local currency compared to the same period last year. Net income attributable to Accenture plc was $2 billion, or $3.15 per share, compared to $1.78 billion, or $2.79 per share, last year. Adjusted EPS rose 14% to $3.19. For the fourth quarter of 2023, the…

[rudrjobdesk]

Accenture Reports Strong Q3 Results; Signals Strong Outlook For Infosys, TCS, HCL

Accenture Reports Strong Q3 Results; Signals Strong Outlook For Infosys, TCS, HCL

IT Sector Outlook: IT sector giant Accenture has reported excellent quarterly results. Accenture has upped its growth guidance for FY22 from 25.5 per cent to 26.5 per cent. Whereas, in the last quarter, the company had kept the growth guidance at 24-26 per cent. At present, despite the current volatility, increasing growth guidance, and stable margin outlook, it is clear that there is strong…

[fantomnodesblockchainstuff]

Updates on fantom node deployments

Fantom is a new data storage platform that promises to make it easier for companies to manage their data. Fantom announced the deployment of its first node last month, and since then, the platform has seen significant interest. By providing developers with a secure and scalable infrastructure, Fantom is hoping to change the way businesses store and access their data. Since Fantom launched in March, there have been updates on deployments of the platform. There are now over 700 nodes up and running, with more added every day. The Fantom team is continuing to work on scaling and improving the user experience. They recently released a new update which includes several new features and bug fixes.

In the last few weeks, we've seen a flurry of activity around fantom, with deployments appearing in a wide range of industries. Here are some updates on fantom node deployments to date:

- Fantom announced a partnership with Microsoft to help companies build blockchain applications.

- A fantom node was deployed by Walmart in its supply chain management system.

- A fantom node was deployed by Tether to improve transparency and accountability within the crypto markets.

- Fantom announced a partnership with ShapeShift to provide users with an easy way to trade cryptocurrencies. - Fantom announced a partnership with the World Bank to provide financial services and incentives for the poor.  - A fantom node was deployed in India by Accenture, as part of Accenture's blockchain strategy.

Since the fantom launch in late 2017, the number of nodes has grown steadily. Over the past month there have been a flurry of deployments with new nodes popping up in countries all over the world. This article will give an update on some of these deployments and what they are doing to help support Fantom's global scale. Recent updates on fantom deployments include the news that IBM has partnered with Samsung to build a new blockchain platform based on their advanced processing capabilities. Additionally, Fantom announced a strategic partnership with Wanxiang Blockchain Labs, a leading research and development center focused on blockchain technology. Finally, the team is continuing to work on optimizations for the Fantom Core protocol which is set to launch in Q3 of this year.

Since Fantom launched, many node deployments have taken place in a variety of industries. Since Fantom's launch in early 2017, the platform has seen significant traction. Significant development milestones have been reached including support for multiple programming languages, decentralized applications (dApps), and privacy features. In this article, we will take a look at recent deployments of Fantom nodes and update our readers on the project's current status. Since Fantom launched, there have been a number of deployments of the platform. In this article we will provide updates on some of the fantom nodes that are up and running.

Over the past few months, Fantom has seen a flurry of node deployments. This article will provide updates on some of the most recent projects. Recent deployments of Fantom nodes are continuing to show positive results. There have been a number of updates from users and developers regarding the nodes, so we'll cover those here.

Fantom is an open source blockchain platform that provides a secure, scalable and decentralized platform for business transactions. The Fantom team continues to make updates to the system which has led to increased adoption by businesses. In addition, there have been new additions to the development team which will help improve Fantom's overall stability and functionality.

[foreverisnowforever]

Accenture Leverages Pricing Strength To Report Strong Results For Fiscal Q3

[marketinvestor-mi]

Will TCS be the Best Performing Sensex Stock in 2019?

Will TCS be the Best Performing Sensex Stock in 2019?

TCS has been an outlier in the first-half of 2018-19: the Mumbai-based information technology (IT) outsourcing company added $936 million in incremental revenue in the six months ended 30 September. This was about $151 million less than the $1.08 billion in new business posted by Infosys Ltd and Wipro Ltd put together for 2017-18.

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[marcusflanagan]

Accenture Reports Third-Quarter Fiscal 2020 Results In Line With Expectations

NEW YORK; June 25, 2020 — Accenture (NYSE: ACN) reported financial results for the third quarter of fiscal 2020, ended May 31, 2020, with revenues of $11.0 billion, a decrease of 1% in U.S. dollars and an increase of 1.3% in local currency over the same period last year. Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs.   

Click to download Q3 FY20 and YTD FY20 earnings infographics.

from News | Accenture Newsroom https://ift.tt/3dtUMq9

[vastseek]

Accenture (ACN) Earnings, Revenues Beat Estimates in Q3

Accenture's (ACN) impressive third-quarter fiscal 2018 results can be attributed to robust performance of the product portfolio. http://vastseek.com/sources/14-zacks/63111-accenture-acn-earnings-revenues-beat-estimates-in-q3

[alphst]

Earnings: Accenture (ACN) Q3 profit and revenue beat estimates

#Earnings: #Accenture ($ACN) Q3 profit and revenue beat estimates

Business consulting services provider Accenture plc. (NYSE: ACN) reported higher earnings and revenues for the third quarter of 2022. The results also beat Wall Street’s estimates. Third-quarter net income increased to $1.79 billion or $2.79 per share from $1.55 billion or $2.40 per share in the corresponding period of last year. Analysts had predicted slower growth for the latest quarter. At…

[tortuga-aak]

DIGITAL HEALTH BRIEFING: Nokia remains bullish on digital health efforts — Zocdoc uses AI for insurance checker — Samsung spins out two new digital health startups

Welcome to Digital Health Briefing, a new morning email providing the latest news, data, and insight on how digital technology is disrupting the healthcare ecosystem, produced by BI Intelligence.

Sign up and receive Digital Health Briefing free to your inbox.

Have feedback? We'd like to hear from you. Write me at: lbeaver@businessinsider.com.

NOKIA REMAINS BULLISH ON ITS DIGITAL HEALTH OFFERINGS: Nokia remains confident in the potential of its digital health business, despite having to writedown 141 million euros ($164 million) in the third quarter, according to Reuters. The Finnish telecommunications company dipped its toes in the digital health market in 2016, purchasing Withings, a smart health and fitness wearables maker, for 170 million euros ($197 million). Nokia's confidence likely comes from the rapid growth of the booming global healthcare market, which is projected to grow at an annualized rate of 25% between 2017 and 2024 to reach $379 billion, according to Global Market Insights.

While new to digital health, Nokia’s experience with mobile devices positions it well to succeed in the mobile health (mHealth) market. mHealth includes all aspects of digital healthcare that involve mobile devices, including apps and health monitoring devices, like fitness trackers. This segment of digital health is expected to outpace the overall digital health growth rate — from 2017, it's forecast to grow at an annualized rate of 35% to $200 billion by 2024.

Nokia’s has made a number of moves in the digital health space beyond its acquisition of Withings:

The company launched its Health Mate app in June. The app will serve as a central hub for consumers to evaluate data collected from Withings’ existing health tracking wearables line-up as well as forthcoming products.

The business unit’s growth strategy is focusing on patent, technology, and brand licensing to facilitate faster growth in the market. That's according to Nokia CEO Rajeev Suri on the company’s Q3 2017 earnings call Friday. While the company took a hit from the Withings purchase, Suri reaffirmed Nokia’s plans to leverage its global brand name and technological experience to take advantage of the digital health opportunity.

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BI IntelligenceNEW ZOCDOC FEATURE USES AI FOR APPOINTMENT BOOKING: Zocdoc, the online medical scheduling company, launched an AI-powered insurance checking feature, which aims to reduce major scheduling pain points for both patients and providers. Patients will now be able to quickly add their insurance data and get coverage information just by uploading a picture of their insurance card. Zocdoc, using an artificial intelligence (AI) model that recognizes patterns on thousands of types of medical insurance cards and can match them with a known carrier and plan, reducing a primary pain point for the majority of US consumers —  77% of insured Americans stated they would like an easier way to ensure their doctor is in-network when booking appointments, according to a Zocdoc-Kelton Global Insurance Confidence survey. AI technology has the potential to transform the patient experience by providing the means to create a more tailored, personalized experience at scale — 84% of healthcare executives believe AI will revolutionize the way they will gain data from and interact with customers, according to Accenture.BI IntelligenceSAMSUNG LEVERAGES ITS START-UP INCUBATOR TO PUSH FURTHER INTO DIGITAL HEALTH: Samsung announced that it will support two digital health start-ups that will be spinning off from the firm's C-lab incubation program.

PixelRO helps people with presbyopia (an eye condition) use their phones. The company uses a transparent screen cover and a mobile app to sharpen the display, essentially replacing glasses for older citizens.

1Drop is a low-cost blood glucose measurement solution. Users place a device on the back of their smartphones over their camera, which is then used to perform colorimetric analysis of a blood sample.

The two companies will likely bolster Samsung’s larger digital health push. In 2014, the firm launched the Samsung Digital Health Initiatives, which uses open hardware and software platforms to accelerate the development of digital health technology. Samsung also invested $50 million into a start-up fund for digital health companies. The tech giant's strategy is to farm innovative startups and then invest, acquire or partner those that show potential. In contrast, Samsung's top competitor Apple, uses its deep pockets to develop digital technologies internally.  

GROWING USE OF CONSUMER HEALTH APPS AND ELECTRONIC HEALTH RECORDS DRIVES PRIVACY CONCERNS: The lack of transparency and regulation around how health and wellness apps collect and use personal information should be a big concern for consumers, according to Rice University medical media expert Kirsten Ostherr. Speaking at a Department of Health and Human Services symposium in Washington last week, Ostherr suggested that this could lead to broader data privacy issues, particularly given the lack of awareness around how data breaches, such as the one experienced by Equifax, could affect internal electronic health record (EHR) systems. EHRs are becoming increasingly widespread, particularly by hospitals in the US. BI Intelligence forecasts that the rapid spread of electronic health records (EHR) will continue, with more than 760,000 physicians in the US, or upwards of 80% of all doctors, working at a facility that uses an EHR system by 2019. By 2025, nearly all facilities in the US will use EHR, with only a small fraction of private offices, generally owned by older physicians, still relying on physical records. Even the laggards may be phased out faster than expected should governments, either national or local, implement regulations that make the use of EHR systems a requirement.

BI IntelligencePARTNERS CONNECTED HEALTH IS MAKING IT EASIER FOR PATIENTS TO SHARE DATA: Partners Connected Health, a part of integrated health systems company Partners Healthcare, is working with data connectivity provider Validic to give its clinicians and researchers access to patient-generated health data from over 420 consumer and clinical health devices. Physicians can use this data to provide efficient, evidence-based care. It can also be integrated into care plans and electronic health records (EHR) for patients. Increasing adoption of fitness devices will contribute to a spike in consumer-generated data. The global wearable medical devices market is poised to grow at an annualized rate of 17% over the next eight years to reach approximately $23.8 billion by 2025, according to Research and Markets. The resulting patient health data sets will likely speed the development of artificial intelligence (AI) for healthcare use cases. These datasets can be used to train algorithms to process more accurate results more quickly, according to a study by the National Health Service. 

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[inerginc]

GTM Smart Grid http://ift.tt/2eJlQnQ

In the immediate aftermath of Superstorm Sandy, Northeastern states published resilience reports, action plans and infrastructure goals galore. The storm was devastating, but next time, they said, they’d do better. 

Five years later, the recovery effort shows rebuilding takes serious time. After Sandy, "resilience" became a buzzword and a promise to ensure the grid could stand up to nature’s perils. But with recent disasters in the Caribbean, the Southeast and California, it’s becoming even clearer how much work remains to build that newer, sturdier grid.

“The whole hardening arena becomes a lot more complicated and a lot more important going forward,” said Miki Deric, managing director of utilities, transmission and distribution at Accenture, who worked with utilities on post-Sandy recovery in Connecticut. “With the increased frequency of these large events, there’s a constant reminder that there’s a need to do this.”

A time of introspection

In October 2012, after leaving a path of destruction in the Caribbean, Sandy knocked out power for 8.5 million people in 21 states. The storm topped off months of extreme weather events beginning with Hurricane Irene, which caused 4 million people in the U.S. to lose power.

The “unprecedented weather” pushed cities and states to rethink how they had delivered electricity for a century. In the Northeast, especially, Sandy compelled hard-hit states like Connecticut, New York and New Jersey to take a hard look at resilience.

According to Richard Mroz, president of the New Jersey Board of Public Utilities, it was a time of introspection.

“The board, along with the industry across all the sectors, all of which were impacted, really turned inward to consider what measures had to be addressed,” he said.

The strategies that resulted from this stock-taking largely fell into two categories: microgrids and grid hardening. 

According to GTM Research, in the year after Sandy, states dedicated $56 million to microgrids, with Connecticut spending nearly all of those funds. In 2014, Northeastern states spent $84 million.

Through Q3 2017, the Northeast accounted for the majority of microgrid capacity with 33 percent of the 2,045 megawatts in the U.S. The region also accounted for 27 percent of built microgrids, falling just behind the Southwest, which has a sizable number of military microgrids.

Since 2013, the Northeast has constructed 35 microgrids, with at least one in nearly every state. In 2012, Connecticut passed a law setting aside over $30 million in grants and low-interest loans for microgrid development. The state had one microgrid before the storm; now it has eight. New York went from 10 before to 17 after. New Jersey jumped from three to seven. 

In 2014, New York announced a prize initiative to develop community microgrids. This year it chose 11 projects that will advance to feasibility studies. Three to five should be built between 2018 and 2020, said GTM Research grid edge analyst Colleen Metelitsa, who expects those to be relative boom years for Sandy-inspired microgrids coming on-line.

“A lot of money has been allocated, but not many of the microgrids have actually been built with post-Sandy funding,” said Colleen Metelitsa. “What we’ve seen in Connecticut, for example…a lot of these funds are still there, and a lot of those projects even from round one still haven’t been commissioned. A lot of them are moving forward, but it’s a slower process than everyone has been expecting.”

Some are coming on-line, though, such as New York City’s Marcus Garvey Village Microgrid, part of an affordable housing complex.

That project includes 300 kilowatts of lithium-ion battery storage and is fueled by 400 kilowatts of solar PV and a 400-kilowatt fuel cell system. A New City Energy Efficiency Corporation loan financed the project and L+ M Development Partners and Demand Energy, a subsidiary of Enel Green Power, will share revenue and cover the debt. 

This summer, the New Jersey BPU approved feasibility study funding for 13 town center microgrids that would connect multiple buildings with critical infrastructure such as water and wastewater facilities, shelters and some commercial buildings. Using a $400 million Federal Transit Authority grant, the state is also working on the NJTransitGrid, which would keep transit lines into New York on-line using a dedicated natural gas plant and transmission lines. 

Many of the Northeast’s microgrids still rely on fossil fuels or combined heat and power systems. In the future, more clean energy is the goal.

“That’s really what we’d like to see, is the mix of traditional electric generation and renewables all in one place,” said Mroz.  

Hardening the defenses

In the event of another huge storm, microgrids will allow certain segments of cities and states to island from the main grid, but governments and utilities say they’ve also made strides in reducing the vulnerability of the overall system.

New York City worked with utility Consolidated Edison on prioritizing certain hardening measures, said Susanne DesRoches, deputy director for energy and infrastructure in the Mayor’s Office of Recovery and Resilience. 

That collaboration led to efforts such as the hardening of 16 substations and five generating stations, selective undergrounding in areas like Staten Island, reinforcing transmission towers, installing submersible transformers and network protectors, and reducing feeder segment sizes so that a single failure can affect only up to about 500 customers. 

In New Jersey, the BPU approved $1.3 billion in infrastructure hardening and storm mitigation projects. Public Service Enterprise Group, a utility, set aside $3.9 billion over 10 years to implement smart grid technologies, strengthen distribution infrastructure and underground strategic areas. Atlantic City Electric worked on automated sectionalization and reclosers at 33 of its substations. Other utilities including Jersey Central Power & Light and Rockland Electric also installed reclosers. 

Many of these efforts have been made possible by the formation of green banks.

Connecticut created the country’s first green bank the same year Sandy hit by leveraging public funds to raise private capital. New York created its bank one year later with $210 million in initial funds meant to supplement private investment for clean energy projects. New Jersey’s bank, funded with $200 million from its federal community development block grant, focuses specifically on resilience.

A playbook for other regions

The progress post-Sandy hasn’t been perfect, and many have criticized it as unacceptably slow-moving. But what has been accomplished has become even more significant recently, as potential examples for areas suffering from recent disasters.

“They have a difficult task ahead of them, particularly the islands,” said Mroz. “There are some things you just can’t prepare for, but I think it’s incumbent on the industry and regulators to prepare and test their systems [and] think about what worst-case scenarios might be.”

Preparing systems for a climate-changed future will take even more work on the parts of system regulators. If Sandy forced utilities and governments to reckon with the reliability of their systems, the spate of recent hurricanes, flooding and fires raise even more questions about resilience -- and whether it's possible to build a grid that can stand up to super-strength natural disasters.

“We can continue to harden these things, and they’re going to do better in these storms,” said Deric. “But there’s never going to be a point where you’re not going to have damage in a storm like Harvey or Irma or Sandy. I just don’t think that’s a reality.”

For now, there's more work to be done on just baseline resilience for Sandy-stricken states. Though the areas most affected by the storm possess the will and momentum to harden infrastructure, tangible progress shows resilience is easier said than done. 

“The reality of it, when we look at infrastructure projects, is that we’ve hardly had any infrastructure projects completed,” said Ceci Pineda, resiliency training and policy coordinator at Good Old Lower East Side, a community housing organization. “When you look at the Lower East Side, a third of the buildings are in construction, a third are in procurement, another third are in the design phase.”

But Pineda notes that after Sandy, GOLES has been able to build relationships and networks with city agencies to prepare for the next storm. In that sense, governments have come to a different understanding on collaboration and what it means to rebuild after a disaster. 

“That’s the broader sense of what resiliency is,” said Mroz. “To think about not just the immediate response, but how you recover from an event and deal with it.”

[financesectorinfo]

Accenture's Revenues And Order Book Grow, One Time Cost Impacts Guidance

Accenture reported its Q3 2017 results on June 22, posting 5% year-over-year growth (7% in constant currency) in revenues to $8.87 billion. In our pre-earnings note published earlier, we stated that we expected both Consulting revenues and Outsourcing revenues to outpace the industry in Q3. Source: Forbes

The post Accenture's Revenues And Order Book Grow, One Time Cost Impacts Guidance appeared first on Financial Sector Info.

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[foreverisnowforever]

Accenture Leverages Pricing Strength To Report Strong Results For Fiscal Q3

[marcusflanagan]

Accenture Reports Strong Third-Quarter Fiscal 2019 Results and Raises Business Outlook for Fiscal 2019

Accenture Reports Strong Third-Quarter Fiscal 2019 Results and Raises Business Outlook for Fiscal 2019

  NEW YORK; June 27, 2019 — Accenture (NYSE: ACN) reported financial results for the third quarter of fiscal 2019, ended May 31, 2019, with revenues of $11.1 billion, an increase of 4 percent in U.S. dollars and 8.4 percent in local currency over the same period last year.  

Click to download Q3 FY19 and Q3 YTD FY19 earnings infographics

from News | Accenture Newsroom https://ift.tt/2Nd6PQC

[alphst]

ACN Earnings: Key quarterly highlights that you need to know from Accenture Q3 financial results

ACN Earnings: Key quarterly highlights that you need to know from Accenture Q3 financial results

Accenture (NYSE: ACN) today announced its third quarter financial results for the period ended May 31, 2020.

Net income for the third quarter was $1.25 billion, or $1.90 per share, compared to net income of $1.27 billion, or $1.93 per share in the third quarter of 2019.

Net revenues decreased 1% to $11 billion.