14
Accenture
(NYSE: ACN)
USA
The age of multimillion-dollar software installations may be a fading memory, but Accenture still remembers how to reel in big tech services contracts. Sales grew 11% in 2005, more than double the sales growth of the overall tech services industry. Of the top six firms in its peer group, only Accenture gained market share last year, inching up from 2.4% to 2.6% of the highly fragmented market, according to research firm Gartner. Bundling of consulting and outsourcing services and expanding offshore deals drove the gains. But 2006 got off to a rocky start after delays in the firm's effort to digitize records at the National Health Service in England led to a $450 million charge in Accenture's fiscal second quarter. Nevertheless, analysts expect earnings to grow 4% this fiscal year, according to Reuters estimates.
Company Info |
|
| 2005 Rank | 31 |
| Sales* ($ Millions) | 17,840.8 |
| Sales Growth (over prev. year) |
11 % |
| Profits* ($ Millions) | 819.0 |
| Return on Equity | 70.5 % |
| Total Return on Sales (12-mo.) | 22.3 |
| Share Price As of 5/31/06 | 28.15 |
| CURRENT MARKET INFO | NYSE: ACN |
| No. of Employees | 123,000 |
| Industry | Services |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Accenture, through its subsidiaries, offers management consulting, technology, and outsourcing services worldwide. It operates in five segments: communications and high tech (CHT), financial services (FS), products and services (PS), resources (RS), and government. The CHT segment offers management consulting, technology, systems integration, and business process outsourcing services and solutions to the communications, electronics, high technology, media, and entertainment industries. The FS segment offers outsourcing strategies and customer relationship management initiative services for the banking, capital markets, and insurance sectors. The PS segment serves automotive, consumer goods and services, health and life sciences, industrial equipment, retail, and transportation and travel service groups. The RS segment serves the chemicals, energy, forest products, metals and mining, utilities, and related industries. Its government segment serves the defense, revenue, human services, government health, justice, postal, education, electoral authorities, and government organizations, as well as local governments. This segment also provides processing services in areas, such as human resources, social services, ticketing and tolling, collections, and procurement. The company also provides consulting services in the areas of human performance; strategy; customer relationship, finance and performance, and supply chain management, as well as provides various technology services, including information management, integration, infrastructure consulting, information technology strategy and transformation, and research and development services; and Microsoft, mobile, and enterprise solutions. Its outsourcing services include business process, application, and infrastructure outsourcing services. The company was founded in 1995 and was formerly known as Andersen Consulting and changed its name to Accenture in 2001. Accenture is based in Hamilton, Bermuda.
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