Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7B, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7 billion, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Accenture CEO Julie Sweet highlights a growing gap in Corporate America's AI integration, noting increased investment but lagging operational adoption. The company is restructuring its operating model and workforce strategy, even tying employee promotions to AI proficiency, to accelerate AI-driven transformation. This proactive approach mirrors past digital shifts but is being implemented at a faster pace.
Accenture CEO Julie Sweet highlights a growing gap in Corporate America's AI integration, noting increased investment but lagging operational adoption. The company is restructuring its operating model and workforce strategy, even tying employee promotions to AI proficiency, to accelerate AI-driven transformation. This proactive approach mirrors past digital shifts but is being implemented at a faster pace.
