What is Accenture’s business model and what are their top revenue streams?
Accenture is a global professional services company that provides consulting, technology and outsourcing services. They help clients improve their performance and create sustainable value for their stakeholders.
Their business model is based on providing a wide range of services to clients in various industries such as Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources.
The company's top revenue streams include:
Consulting: This includes strategy, digital, technology and operations consulting services
Outsourcing: This includes services such as application management, infrastructure management and business process services
Interactive: This includes digital marketing, e-commerce and mobile services
Technology: This includes technology research and development, as well as the design, development, and integration of technology solutions for clients
Financing: This includes financing and leasing options for Accenture products and services
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Accenture’s annual revenue is over 60 Billion USD and this steady increase is focused and driven by consulting and outsourcing business revenue streams that has a healthy growth rate YOY.