
Accenture
Investments
61Portfolio Exits
31Partners & Customers
10Service Providers
3About Accenture
Accenture (NYSE: ACN) provides strategy, digital, technology, and operational services to industries ranging from banking and finance to energy, travel, and automotive. It caters to aerospace, defense, chemicals, health, life sciences, automotive, banking, retail, energy, and other sectors. The company was founded in 1989 and is based in Dublin, Ireland.
Research containing Accenture
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Accenture in 2 CB Insights research briefs, most recently on Aug 17, 2023.
Latest Accenture News
Sep 20, 2023
News provided by Share this article Share toX NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The " document outsourcing market by service (onsite contracted services, statement printing services, and DPO services), end-user (large companies, small, and medium companies), and geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the document outsourcing market from 2023 to 2027 is USD 17.79 billion, according to Technavio. Increased efficiency of document management using hybrid solutions is a key factor driving market growth. Management of documents becomes extremely difficult when they are stored in unstandardized formats and contain unbound content. As a general matter, it is very hard to access documents that are in the form of paper file folders and record storage boxes at different locations or digitized files that are housed in various applications. Therefore, to overcome these challenges, it is appropriate to apply mixed solutions for the management of documents. Additionally, documents are stored in paper format and scanned to convert to digital format in a combined document management solution that improves document accessibility for customers. Additionally, service providers that provide physical storage and document processing services can offer a hybrid model that offers greater efficiency than conventional document formats. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here Market Challenge System integration issues are a significant challenge restricting market growth. The document outsourcing market is segmented by service (onsite contracted services, statement printing services, and DPO services), end-user (large companies, small, and medium companies), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The market share growth by the onsite contracted services segment will be significant during the forecast period. In the on-site contract services model, service providers provide technology-based and on-site services for document conversion, review and consulting, and in-house printing. These services are specifically designed to meet customer requirements and evaluate the customer's IT architecture. Based on vertical type, company size, and other competitive factors, they deploy document management solutions. For example, Xerox provides on-site contract services to data centers, financial companies, HR applications, IT companies, legal organizations, and several other industries. Companies are emphasizing advanced and innovative document management solutions based on the advancements and increasing complexity associated with document management across industries. Hence, these factors are expected to drive segment growth during the forecast period. View the FREE Sample Report for insights into the contribution of all the segments and regional opportunities in the report. Key Companies in the document outsourcing market: ABBYY Solutions Ltd., Accenture Plc, Adreno Technologies India Pvt. Ltd., Canon Inc., Compart AG, FUJIFILM Holdings Corp., HP Inc., Imaging Business Machines LLC, Invensis Technologies Pvt Ltd., Iron Mountain Inc., Konica Minolta Inc., Lexmark International Inc., Pitney Bowes Inc., Ricoh Co. Ltd., Seiko Epson Corp., Swiss Post Ltd, Toshiba Tec Corp., Williams Lea Ltd., Xerox Holdings Corp., and Siemens AG Related Reports: The Data Analytics Outsourcing Market size is estimated to grow at a CAGR of 32.59% between 2022 and 2027. The market size is forecast to increase by USD 23,111.4 million. This data analytics outsourcing market report extensively covers market segmentation by type (predictive, descriptive, and prescriptive), end-user (BFSI, healthcare, retail, IT and telecom, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). One of the key factors driving the data analytics outsourcing market growth is the focus on reducing operational costs. Blockchain technology in the healthcare market is estimated to grow at a CAGR of 32.79% between 2022 and 2027. The market size is forecasted to increase by USD 1,939.31 million. This blockchain technology in healthcare market report extensively covers market segmentation by type (private, public, and hybrid), end-user (pharmaceutical and medical device companies, healthcare payers, and healthcare providers), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing inclination toward data security is notably driving the market growth. Document Outsourcing Market Scope Key companies profiled ABBYY Solutions Ltd., Accenture Plc, Adreno Technologies India Pvt. Ltd., Canon Inc., Compart AG, FUJIFILM Holdings Corp., HP Inc., Imaging Business Machines LLC, Invensis Technologies Pvt Ltd., Iron Mountain Inc., Konica Minolta Inc., Lexmark International Inc., Pitney Bowes Inc., Ricoh Co. Ltd., Seiko Epson Corp., Swiss Post Ltd, Toshiba Tec Corp., Williams Lea Ltd., Xerox Holdings Corp., and Siemens AG Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. ToC: About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts
Accenture Investments
61 Investments
Accenture has made 61 investments. Their latest investment was in MUJIN as part of their Series C on September 9, 2023.

Accenture Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/5/2023 | Series C | MUJIN | $83.81M | Yes | 5 | |
1/17/2023 | Grant - III | Lucy Family Institute for Data and Society | Yes | 1 | ||
10/27/2022 | Grant | National Association of Black Accountants | Yes | 2 | ||
10/25/2022 | Seed | |||||
11/3/2020 | Series A |
Date | 9/5/2023 | 1/17/2023 | 10/27/2022 | 10/25/2022 | 11/3/2020 |
---|---|---|---|---|---|
Round | Series C | Grant - III | Grant | Seed | Series A |
Company | MUJIN | Lucy Family Institute for Data and Society | National Association of Black Accountants | ||
Amount | $83.81M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 1 | 2 |
Accenture Portfolio Exits
31 Portfolio Exits
Accenture has 31 portfolio exits. Their latest portfolio exit was Memority on June 26, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
6/26/2023 | Acquired - II | 1 | |||
2/22/2023 | Divestiture | Accenture - Accenture Freight and Logistics Software Business | 1 | ||
2/7/2022 | Acquired | Fiserv | 13 | ||
Date | 6/26/2023 | 2/22/2023 | 2/7/2022 | ||
---|---|---|---|---|---|
Exit | Acquired - II | Divestiture | Acquired | ||
Companies | Accenture - Accenture Freight and Logistics Software Business | ||||
Valuation | |||||
Acquirer | Fiserv | ||||
Sources | 1 | 1 | 13 |
Accenture Acquisitions
280 Acquisitions
Accenture acquired 280 companies. Their latest acquisition was Nautilus Consulting on September 05, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/5/2023 | Acquired | 5 | ||||
8/28/2023 | Acquired | 14 | ||||
7/27/2023 | Acquired | 2 | ||||
7/24/2023 | ||||||
6/21/2023 | Private Equity |
Date | 9/5/2023 | 8/28/2023 | 7/27/2023 | 7/24/2023 | 6/21/2023 |
---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 5 | 14 | 2 |
Accenture Partners & Customers
10 Partners and customers
Accenture has 10 strategic partners and customers. Accenture recently partnered with Minds Digital on October 10, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/1/2023 | Partner | Brazil | |||
9/11/2023 | Partner | United Kingdom | Accenture and Open Cosmos join hands to access satellite data Accenture announced at World Satellite Business Week in Paris that it would collaborate with Open Cosmos , a space technology company . | 1 | |
9/7/2023 | Partner | United States | Accenture and Workday Expand Partnership to Help Organizations Accelerate Finance Transformation The global partnership between Workday , Inc. and Accenture brings together the power of our cloud-native platform with AI and ML at the core and some of the industry 's most forward-thinking and innovative experts to help our customers take advantage of transformative technologies to accelerate change across their financial operations while remaining adaptable and resilient . '' | 7 | |
8/9/2023 | Partner | ||||
8/8/2023 | Partner |
Date | 10/1/2023 | 9/11/2023 | 9/7/2023 | 8/9/2023 | 8/8/2023 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Brazil | United Kingdom | United States | ||
News Snippet | Accenture and Open Cosmos join hands to access satellite data Accenture announced at World Satellite Business Week in Paris that it would collaborate with Open Cosmos , a space technology company . | Accenture and Workday Expand Partnership to Help Organizations Accelerate Finance Transformation The global partnership between Workday , Inc. and Accenture brings together the power of our cloud-native platform with AI and ML at the core and some of the industry 's most forward-thinking and innovative experts to help our customers take advantage of transformative technologies to accelerate change across their financial operations while remaining adaptable and resilient . '' | |||
Sources | 1 | 7 |
Accenture Service Providers
3 Service Providers
Accenture has 3 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
GrowthPoint Technology Partners | Acquired | Investment Bank | Financial Advisor |
Service Provider | GrowthPoint Technology Partners | ||
---|---|---|---|
Associated Rounds | Acquired | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Accenture Team
413 Team Members
Accenture has 413 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Jitendra Kavathekar | Founder | Current | |
Name | Jitendra Kavathekar | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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