Start United States USA — IT ‘Accenture’s large deals at historic high due to cloud, data offerings’

‘Accenture’s large deals at historic high due to cloud, data offerings’

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Karthik Narain, designate group chief executive of technology at Accenture, said cloud and data analytics are some of the offerings that are getting “bundled” into the bookings as companies are trying new operating models and pricing models.
“We are not seeing a lot of customers trying to do cost-saving based on the traditional mechanics, which used to be labour arbitrage… clients want a cloud-based environment. My application developers can just push it to my data centre or private cloud in the same manner, so that I can do things faster and I don’t need to worry about ageing infrastructure,” he told ET in an exclusive interaction.Accenture also said some large clients are “worried” about the competition from new digital startups because they are fast, modern and agile. “They (startups) have been in the business for a few months and I’ve (larger clients) been in the business for years. What I have that they don’t have is years of my client data and my (own) organisational operating information but I’m unable to use it. So unlock the data from all these trapped functional silos, apply intelligence and insights using artificial intelligence (AI),” Narain said.

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