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Accenture Cloud First Launches with $3 Billion Investment to Accelerate Clients’ Move to Cloud and Digital Transformation

Major move designed to create new model for rapid migration to the cloud and realization of value for clients and their stakeholders

Karthik Narain appointed to lead Accenture Cloud First

Accenture (NYSE:ACN) today announced the formation of Accenture Cloud First with a $3 billion investment over three years to help clients across all industries rapidly become “cloud first” businesses and accelerate their digital transformation to realize greater value at speed and scale. Karthik Narain will lead Accenture Cloud First and join the Global Management Committee, effective October 1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005256/en/

Introducing Accenture Cloud First (Graphic: Business Wire)

Introducing Accenture Cloud First (Graphic: Business Wire)

Accenture is recognized as a leading partner to the world’s major cloud providers. With approximately $11 billion in cloud revenue in its fiscal year 2019, Accenture’s leadership spans from Software as a Service — delivered through the company’s Intelligent Platform Services — to its migration, infrastructure and application cloud services. More than 100,000 Accenture cloud professionals help clients shape, move, build and operate their businesses in the cloud and realize the cloud’s business value, speed, cost, talent and innovation benefits.

“COVID-19 has created a new inflection point that requires every company to dramatically accelerate the move to the cloud as a foundation for digital transformation to build the resilience, new experiences and products, trust, speed and structural cost reduction that the ongoing health, economic and societal crisis demands — and that a better future for all requires,” said Julie Sweet, chief executive officer, Accenture. “Accenture Cloud First and our substantial investment demonstrate our commitment to delivering greater value to our clients when they need it most. Digital transformation requires cloud at scale, and post-COVID leadership requires that every business become a ‘cloud first’ business.”

Accenture Cloud First is a new multi-service group of 70,000 cloud professionals that brings together the full power and breadth of Accenture’s industry and technology capabilities, ecosystem partnerships, …

Full story available on Benzinga.com

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