Accenture has pledged ₹185 cr for pandemic relief efforts in India, in addition to its ongoing investments. Rekha M Menon, Chairperson, and Senior MD, Accenture India, in a blog post said ” … Additionally, we will be augmenting existing hospitals with beds and ICUs and setting up portable hospitals.” The IT firm has started telemedicine, care-at-home services, virtual childcare, mental health support, etc for their two lakh employees and their families in India.
Accenture has helped Mankind Pharma to accelerate its digital transformation journey by redesigning its finance, supply chain, sales, and procurement processes. SAP S/4HANA, a Microsoft Azure cloud-based data lake and Tableau dashboards was implemented to build a cloud-based platform that integrates data in real-time to provide a consolidated view to make informed decisions. The project was completed remotely with no impact on business continuity.
Rekha M Menon, Accenture India’s chairperson, has created history by becoming the first female chairperson of the IT industry body NASSCOM in its 30-years of history. She succeeds outgoing chairman and Infosys COO U B Pravin Rao. NASSCOM also announced a new Executive Council, having 40% representation by women leaders from ER&D, BPM, IT Services, GCC, SME, and Startups. TCS President Krishnan Ramanujam has been appointed as vice-chairperson.
Accenture, in a report, said that boardrooms of banks lack tech expertise and digital knowledge despite the rise in digitalisation over the past few years. The report, based on the analysis of the professional experience of 2,000 directors of 100 of the world’s largest banks by assets, revealed that only 10% of all board directors and 10% of the CEOs of banks have professional tech experience. Accenture recommends that 25% of banks’ board directors should have tech experience.
Anindya Basu has been appointed as the National Managing Partner at KPMG in India. He will head the Advisory Services, Clients and Markets functions for the firm. Basu has over 30 years of experience and has worked in various fields like Consulting, Technology, Digital and Managed services. He was the Senior Managing Director and Country Head for Accenture in India for five years.
Accenture is spending over $1bn every year on reskilling and training employees for professional development said CEO Julie Sweet. She also added that they were teaming up with US consumer electronics retailer Best Buy, which is creating over 1,000 new tech jobs, to make sure that about 30% of them are diverse. Accenture has increased training hours by 6%, reduced training cost by 11% to $866 mn. It has trained over 70k people in skills required by clients.
Accenture will acquire Imaginea to use its cloud, product engineering skills and expertise in advance AI, robotics, edge computing, 5G. The acquisition will add 1,350 highly professional cloud-native engineers skilled across multiple platforms from AWS, Azure and Google Cloud Platform to Accenture. Accenture has 70,000 cloud professionals and will invest USD 3 bn for the next 3 years. Imaginea has 200 global clients. Financial terms of the acquisition were not disclosed.