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I.

INTRODUCTION

History

Formation and early year


Accenture began as the business and technology
consulting division of accounting firm Arthur
Andersen in the early 1950s when it conducted a
feasibility study for General Electric to install a computer at Appliance Park in
Louisville, Kentucky,which led to GE's installation of a UNIVAC I computer and printer,
believed to be the first commercial use of a computer in the U.S.

Emergence of Accenture

On 1 January 2001, Andersen Consulting adopted its current name, "Accenture". The
word "Accenture" is supposedly derived from "Accent on the future". The name
"Accenture" was submitted by Kim Petersen, a Danish employee from the company's
Oslo, Norway office, as a result of an internal competition..

Accenture's banner hanging on the New York Stock Exchange (NYSE) building for its
initial public offering on July 19, 2001.
On 19 July 2001, Accentures initial public offering (IPO) was priced at $14.50 per
share, and the shares began trading on the New York Stock Exchange (NYSE);
Goldman Sachs and Morgan Stanley served as its lead underwriters. Accenture stock
closed the day at $15.17, with the day's high at $15.25. On the first day of the IPO,
Accenture raised nearly $1.7 billion.

Accenture announced on 26 May 2009 that its Board of Directors unanimously


approved changing the companys place of incorporation to Ireland from Bermuda and
would become Accenture plc.
Company Background and Major Served
Accenture PLC is a global management consulting and professional services company that
provides strategy, consulting, digital, technology and operations services. A Fortune Global 500
company, it has been incorporated in Dublin, Ireland, since 1 September 2009. In 2016, the
company reported net revenues of $32.9 billion, with more than 394,000 employees serving
clients in more than 200 cities in 120 countries.

In 2015, the company had about 130,000 employees in India, about 48,000 in the US,and about
50,000 in the Philippines.Accenture's current clients include 94 of the Fortune Global 100 and
more than three-quarters of the Fortune Global 500.

Comparing the results to its competitors, Accenture Plc reported Total Revenue increase in the 2
quarter 2017 by 4.32 % year on year.
The revenue growth was below Accenture Plc's competitors average revenue growth of 11.2 %,
recorded in the same quarter.

Market Share

Reference

https://csimarket.com/stocks/compet_glance.php?code=ACN

https://www.accenture.com/t20170411T221028Z__w__/us-en/_acnmedia/PDF-
35/Accenture-2016-Shareholder-Letter10-K006.pdf

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