Accenture Plc history, company profile (overview) and history video
Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Ireland.
Accenture’s origins date back to 1951, when Joseph Glickauf, a manager in the Administrative Services division of the accounting firm Arthur Andersen, unveiled his “Glickiac” computer, convincing the partners to invest in the emerging technology practice.
1954, the Administrative Services division installed the first computer system for commercial use at General Electric’s Appliance Park facility.
In 1957, Joe Glickauf took over as head of the Administrative Services division
In 1967, Administrative Services developed Base V, the widely used operating system for the System/360 IBM computers.
In 1980, Administrative Services was renamed “Management Information Consulting Division”.
In 1988, the Andersen Consulting name was adopted.
In 1989, Andersen Consulting became a fully independent organization from Andersen Worldwide and Arthur Andersen.
In 2000, Accenture and Microsoft created Avanade, a joint venture helping clients optimize Microsoft investments.
In 2000, Kim Petersen, a Norwegian employee, won the internal contest to come up with a new name for Andersen Consulting – selecting Accenture for “accent on the future”.
In 2001, Andersen Consulting adopted its new name “Accenture”. The word Accenture is derived from “Accent on the future”.
In 2001, Accenture was also listed on the New York Stock Exchange (NYSE).
In 2004, the procurement business process outsourcing business was launched.
In 2005, Accenture acquired Cap Gemini’s North American health business.
In 2007, Accenture acquired George Group, expanding its consulting capabilities for Lean Six Sigma.
In 2009, the digital businesses Accenture Interactive and Accenture Mobility were launched.
In 2010, Accenture acquired Ariba’s sourcing services and business process outsourcing assets.
In 2011, Accenture acquired, CAS Computer Anwendungs-und Systemberatung, a leading company in trade promotion software, Duck Creek, a provider of software solutions for P&C insurance companies, and Zenta, a provider of mortgage processing services.
In 2013, Acquity, Fjord and avVenta were acquired, expanding the capabilities of Accenture Interactive across creative design, digital content and eCommerce platforms
In 2013, Accenture also acquired Mortgage Cadence, a provider of SaaS-based mortgage processing software, Procurian, a leading company in procurement business process solutions, and ASM Research, expanding its U.S. defense business in the military health market.
In 2014, Accenture Digital and Accenture Operations were formed. OMNETRIC joint venture was also formed with Siemens to provide smart grid solutions.
In 2014, Accenture also acquired i4C Analytics, an advanced analytics software platform provider, and partnered with Microsoft to launch the Accenture Hybrid Cloud Solution for Microsoft Azure.
In 2015, Accenture and Amazon Web Services created a new business group to help clients migrate to the cloud. That year, Accenture Consulting was also launched.
In 2015, Accenture also acquired Agilex Technologies, a provider of digital solutions for the U.S. federal government, Javelin Group, expanding Accenture’s capabilities in the retail industry, PacificLink Group, boosting its digital marketing and commerce capabilities in China, FusionX, a cyber security services provider, Cloud Sherpas, a cloud services provider, and Schlumberger Business Consulting, expanding Accenture’s capabilities in upstream oil and gas.
In 2016, Accenture acquired Kurt Salmon, expanding the capability to deliver end-to-end strategy consulting services for top retailers. It also continued to invest in digital, cloud and security capabilities with new acquisitions: IMJ Corporation in Japan. Karmarama, U.K. MOBGEN in the Netherlands, DayNine, U.S. Maglan in Israel, and Redcore in Australia.
In 2016, Accenture joined forces with SAP to accelerate development of SAP S/4HANA, fast-tracking customer journeys to digital businesses. Accenture also announced a new Google alliance to help clients benefit from innovative and industry-specific cloud and mobile solutions.
In 2016, Accenture sold Navitaire to Amadeus, and the companies form a new alliance to create digital services for airline passengers.
In 2017, Accenture acquires SinnerSchrader, OCTO Technology in digital, Phase One in cloud, Arismore in security, and SolutionsIQ in New IT. That year, Accenture Applied Intelligence was also launched, combining the company’s capabilities in advanced analytics and artificial intelligence.
In 2017, Accenture partnered with Apple to help clients create innovative solutions for iOS.
In 2018, the company made global acquisitions that further differentiate Accenture Interactive—Meredith Xcelerated Marketing, Mackevision, Altima, Rothco, Kolle Rebbe and New Content
In 2019, Accenture launched SynOps, a human-machine operating “engine”.
In 2020, Accenture acquired N3, B2B sales company.
In 2021, Accenture acquired umlaut, an engineering consulting and services firm based in Germany, and Infinity Works, expanding the cloud delivery and engineering capabilities of Accenture Cloud First in the UK.
In 2021, Accenture Federal Services also acquired Novetta, strengthening its advanced analytics capabilities for defense, intelligence and law enforcement organizations. In 2022, Accenture launched the new Metaverse Continuum business group as physical and virtual realities converge to reshape human experiences.
- Application Services
- Artificial Intelligence
- Business Process Outsourcing
- Business Strategy
- Change Management
- Customer Experience
- Data & Analytics
- Digital Commerce
- Digital Engineering & Manufacturing
- Ecosystem Services
- Finance Consulting
- Mergers & Acquisitions (M&A)
- Operating Models
- Supply Chain Management
- Technology Consulting
- Technology Innovation
- Zero-Based Transformation
With more than 710,000 employees worldwide and operations across 50 countries, Accenture Plc is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and accenture.com
**Video published on YouTube by “AccentureIndia“