The top Accenture competitors are IBM, Deloitte, McKinsey and Company, Price water house coopers, Ernst and Young, KPMG, Capgemini and others. Accenture is one of the top IT Company which mainly focuses on solving the tough challenge for any client. Accenture serves more than 120 clients across the world and works across more than 40 industries. Accenture is proud to have been in appeared in Fortune’s “World’s Most Admired Companies” list for 16 consecutive times. Accenture has to their credit, 6K patents and few pending across 44 countries. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees.
Accenture reported financial results for the third quarter of fiscal 2023, ended May 31, 2023, with revenues of $16.6 billion. It had total number of employee count as 738,000 in 2023.
The following are the top Accenture competitors
1) IBM
- Product Type: Technology company.
- Industry: Information technology.
- Founded: June 16, 1911,
- Founders: Charles Ranlett Flint.
- Headquarters: Armonk, New York, United States.
- Area Served: Worldwide.
- Current CEO: Arvind Krishna.
- Revenue: $15.475B (June 30, 2023)
- Market cap: $130.77B (August 24, 2023)
- Number of employees: 345,000
IBM is a top multinational company that is headquartered in New York, the United States was established in the year 1911. IBM serves their operations to almost 170 countries worldwide. IBM main business includes manufacturing and marketing computer software, hardware and middleware. It also provides consulting services for various technologies from mainframe to nanotechnology.
IBM net income for the quarter ending June 30, 2023 was $1.583B. IBM gross profit for the quarter ending June 30, 2023 was $8.501B.
Few products of IBM are Analytics, Blockchain, Cloud and Industry solutions, Internet of Things, Mobile, Security, Watson, and Mobile. IBM also focuses on research having a record of possessing many US patents. IBM has about 345,000 employees who work across the globe in various technologies. Due to their advancement in technology and their client services, it is considered as one of top Accenture competitors.
2) Deloitte
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1845,
- Founders: William Welch Deloitte.
- Headquarters: London, England.
- Area Served: Worldwide.
- Current CEO: Punit Renjen.
- Revenue: US$59.3 billion (FY 2022)
- Number of employees: 412,000 (2022)
Also regarded as one of the top IT Company, Deloitte is headquartered in London. This company provides various kinds of IT services to independent firms like consulting, financial advisory, audit, tax, risk management, and related services. These independent firms are members of Deloitte Touche Tohmatsu Limited (DTTL).
Deloitte reported aggregate global revenue of US$64.9 billion for the fiscal year ending 31 May 2023 (FY2023). Deloitte employed almost 412,000 members of staff globally in 2022.
It is considered one of the Big Four accounting firms, and its network of member firms spans more than 150 countries and territories. Deloitte is a recognized leader of top talent, and it strives to be an organization where its people can thrive. With a focus on development, flexibility, and well-being, Deloitte hires people who are among the best and brightest in the business. Deloitte focuses on working together though placed across the globe to deliver excellent services to their clients. Due to their services and the industries that are served by the company, Deloitte is considered as one of the top Accenture competitors.
3) McKinsey and Company
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1926,
- Founders: James O. McKinsey.
- Headquarters: New York City, New York, United States.
- Area Served: Worldwide.
- Current CEO: Kevin Sneader.
A management consulting firm, McKinsey is an American worldwide company that deals with qualitative and quantitative analysis to assess management decisions of the clients. McKinsey serves many large companies in India and works towards mobilizing change and drive execution to the clients. McKinsey helps many companies to become worldwide camps with their innovations and service. McKinsey & Company is a management consulting firm with offices in 65 countries.
This company also works with government sector to create skills, help their growth, create jobs and enhance services. This company combines the global expertise of McKinsey with profound native insights so that their clients can achieve their goals. This company has about 27,000 employees working across their 127 offices. Due to their advancement in technology and their services, McKinsey is considered as one of the top Accenture competitors.
4) Price water house coopers
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1998,
- Founders: Samuel Lowell Price, Edwin Waterhouse, William Cooper, and Thomas Lybrand.
- Headquarters: London, England.
- Area Served: Worldwide.
- Current CEO: Robert Moritz.
- Revenue: $50.3 billion (2022)
- Number of employees: 328,000 (2022)
Price water house Coopers (PWC) provides the wide range of business needs to their customers to help them achieve their goals. PWC is a multinational professional services network that is based out in London, United Kingdom. PwC firms are in 152 countries, across 742 locations, with 328,000 people. In the United States alone, PwC generated approximately US$50.3 billion in the 2022 fiscal year.
Their main services include assurance practice, tax practice and advisory practice, Legal, IFRS, Entrepreneurial and private clients, food supply and integrity services. Due to their wide array of services and their quality Price water house coopers is considered as one of the top Accenture competitors.
5) Ernst and Young
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1989,
- Founders: Ernst & Whinney, Arthur Young.
- Headquarters: London, England.
- Area Served: Worldwide.
- Current CEO: Carmine Di Sibio.
- Revenue: US$45.4b (2022)
- Number of employees: 365,399 (2022)
Also regarded as one of the top multinational professional services, Ernst and Young (EY) Company is headquartered in London, United Kingdom. EY is considered as one of the largest professional services company in the world. The main services provided by EY are advisory, assurance, tax, transactions, growth markets, specialty services, and people advisory services.
The global revenues of EY was US$45.4b for the financial year ending June 2022 (FY22). EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. As of 2023, EY has continuously been ranked on Fortune magazine’s list of the 100 Best Companies to Work For for the past 25 years, longer than any other accounting firm.
EY operates as a separate legal entity in different countries. EY has about 365,399 employees across 150 countries and about 700 offices. Due to their commitment towards a better building world with sustainable growth, increased trust in business and the great collaboration, EY is considered as one of the top Accenture competitors.
6) KPMG
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1987
- Founders: William Barclay Peat, James Marwick, Piet Klynveld, and James McLintock.
- Headquarters: Amstelveen, Netherlands.
- Area Served: Worldwide.
- Current CEO: William B. Thomas.
- Revenue: $2.55 billion (FY 2023)
- Market cap: $34.64 billion (2023)
- Number of employees: 265,000 (2022)
KPMG is a leading company that provides services like risk, financial & business, advisory, tax and regulatory, internal audit and corporate governance. KPMG is one of the biggest auditors in the industry. It is headquartered in the Netherlands. KPMG has about 189,000 employees and them main domains includes tax, advisory and financial audit.
In March 2023 KPMG became one of a handful of companies in the world to be given access to a private version of ChatGPT – known as KymChat. In 2023, Enterprise was up by 23 per cent at $361 million, Infrastructure, Assets & Places was up by 22 per cent at $200 million and Management Consulting was up by 12 per cent at $745 million.
It has generated revenue of 26.40 billion US dollars in the year 2017. It makes use of the multi-disciplinary method with practical industry knowledge that will help clients to meet their challenges and be open to new opportunities. Due to this, KPMG is considered as one of the top Accenture competitors.
7) Capgemini
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1967,
- Founder: Serge Kampf.
- Headquarters: Paris, France.
- Area Served: Worldwide.
- Current CEO: Aiman Ezzat.
- Revenue: €11,426 million (H1, 2023)
- Market cap: $32.05 Billion (August 2023)
- Number of employees: 349,500 (2023)
Capgemini is a global leader in technology services, consulting and digital transformation. It is a professional service company is headquartered in Paris, France. It provides IT services and is considered as the largest IT consulting and outsourcing company in the world. It has about 349,500 employees across their 40 countries. Capgemini provides services like digital services, cloud services, technology solutions, business operations and cyber security & risk.
Capgemini’s net profit, Group share, increased by 34% in 2022, with normalized earnings per share up 25%. Cap Gemini SA annual gross profit for 2022 was $6.145B.
It is leading in their innovation to meet their client requirements. Due to their value for technology through their innovative team, Capgemini is considered as one of the top Accenture competitors.
8) Aon Hewitt
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1940, as Hewitt Associates.
- Founders: Hewitt Heiserman and Robert M. Davis.
- Headquarters: Lincolnshire, Illinois, United States.
- Area Served: Worldwide.
- Current CEO: Kristi A. Savacool.
- Revenue: $3.177B (June 30, 2023)
- Market cap: $66.34B (August 25, 2023)
- Number of employees: 50,000 (2022)
A human capital and management consulting service company; Aon Hewitt is an American provider company that is headquartered in Illinois, United States. This company is the global leaders with respect to human resource consulting. It provides consulting in human capital which will help the company to maximize their human resource so that their workforce can be managed at every stage of the employment life cycle.
Aon net income for the quarter ending June 30, 2023 was $0.560B. Aon gross profit for the quarter ending June 30, 2023 was $1.423B. Aon operating income for the quarter ending June 30, 2023 was $0.842B.
It has their offices at about 500 locations that are spread across 120 countries. Due to their focus on maximizing people’s potential which will help to increase the personal wealth, this company is considered as one of the top Accenture competitors.
9) Boston Consultancy group
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1963, by Bruce Henderson.
- Founder: Bruce Henderson.
- Headquarters: Boston, Massachusetts, United States.
- Area Served: Worldwide.
- Current CEO: Christoph Schweizer.
- Number of employees: 30,000 (2022)
Also regarded as one of the management consulting firms, Boston Consultancy Group is headquartered in the United States. Boston Consultancy Group has about 16,000 employees and has their offices in about 90 cities that are spread across 50 countries. Boston Consultancy Group partners with various customers who are looking to solve any hardest problem that is of great challenge to their businesses.
Boston Consulting Group (BCG), one of the world’s leading management consulting firms, announced global sales of $11.7 billion for year-end 2022. BCG’s global workforce grew to 30,000 in 2022. 2023 also marks BCG’s 60th anniversary. The firm is celebrating with staff, alumni, and clients 60 years of impact by “unlocking the potential of those who advance the world.” BCG’s Pride Network grew to more than 1,100 members in around 45 countries by the end of 2022.
Boston Consultancy Group has to their credit many awards and honors. This company makes use of the innovative approach to provide unique solutions to their customers. Due to their quality of service to their client, Boston Consultancy Group is regarded as one of the top Accenture competitors.
10) Bain & Company
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1973
- Founder: Bill Bain.
- Headquarters: Boston, Massachusetts, United States.
- Area Served: Worldwide.
- Current CEO: Manny Maceda.
- Number of employees: 15,000 (2022)
Yet another business consulting firms at the top of the world, Bain & Company is headquartered in Boston. Bain & Company provides advice to various organizations which fall under public, private and non-profit organizations. Bain & Company work with top executives in order to help the clients take great decisions and also to transform them into better versions. Bain & Company has grown rapidly since its inception, and it now has offices in 65 cities across 40 countries.
Bain & Company has attracted many clients and also has retained themselves as the top for the clients. Bain & Company has received many awards from CSR, glassdoor and many more. Due to their service, Bain & Company is considered as one of the top Accenture competitors
11) Willis Towers Watson
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 2016, by the merger of Willis Group Holdings and Towers Watson.
- Founders: Willis Group Holdings, Towers Watson.
- Headquarters: London, United Kingdom.
- Area Served: Worldwide.
- Current CEO: Carl Hess.
- Revenue: $2.159B (June 30, 2023)
- Market cap: $21.5B (August 25, 2023)
- Number of employees: 46,600 (2022)
Willis Towers Watson is one of the top global professional services where their business focuses on risk management and human resource consulting. This company provides leading global advisory, broking, and solutions to companies which will help them to overcome their risk and reach to their path of growth.
Willis Towers Watson Public net income for the quarter ending June 30, 2023 was $0.094B. Willis Towers Watson Public gross profit for the quarter ending June 30, 2023 was $2.159B. Willis Towers Watson Public operating income for the quarter ending June 30, 2023 was $0.142B.
Willis Towers Watson has about 46,600 employees across their offices situated in 140 countries. Their solutions are designed in such a way that their customers can manage risks, cultivate talents, optimize benefits and increase capital to perform better. Due to their advanced technology, Willis Towers Watson is considered as one of the top Accenture competitors.
12) AT Kearney
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1926,
- Founder: James O. McKinsey.
- Headquarters: Chicago, Illinois, United States.
- Area Served: Worldwide.
- Current CEO: Paul Maleh.
- Revenue: $79 million (March 31, 2023)
- Market cap: $0.5B (August 25, 2023)
- Number of employees: 5,300+
Also regarded as one of the top global management consulting firm, A T Kearney is headquartered in the United States. Their main domains include aerospace, chemicals, automotive, communications media and technology, retail, healthcare, financial institutions, private and public sector. Their services focused in strategy, analytics, innovation, operations, technology, marketing, sales, procurement, and sustainability.
It has about 5,300+ employees across their 60 offices spread across 40 countries. AT Kearney provides solutions to the clients to tackle their important challenges. Due to their widespread use of technology and their quality of service, this company is regarded as one of the top Accenture competitors.
13) Cognizant
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1994,
- Founder: Kumar Mahadeva, Francisco D’Souza.
- Headquarters: Teaneck, New Jersey, United States.
- Area Served: Worldwide.
- Current CEO: Brian Humphries.
- Revenue: $1.655B (June 30, 2023)
- Market cap: $35.37B (August 25, 2023)
- Number of employees: 355,300 (2022)
Cognizant is an American multinational information technology services and consulting company that helps companies modernize technology, reimagine processes, and transform experiences so they stay ahead in a fast-changing world. It was founded in 1994 as an in-house technology unit of Dun & Bradstreet and started serving external clients in 1996. Cognizant is headquartered in Teaneck, New Jersey, and is part of the NASDAQ-100. It is organized into several verticals and horizontal units that focus on specific industries such as Banking & Financial Services, Insurance, Healthcare, Manufacturing, and Retail.
Cognizant Technology Solutions net income for the quarter ending June 30, 2023 was $0.463B. Cognizant Technology Solutions gross profit for the quarter ending June 30, 2023 was $1.655B. Cognizant Technology Solutions operating income for the quarter ending June 30, 2023 was $0.577B.
14) Infosys
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1981,
- Founders: N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, K. Dinesh, and Ashok Arora.
- Headquarters: Bengaluru, India.
- Area Served: Worldwide.
- Current CEO: Salil Parekh.
- Revenue: $4,617 million (June 30, 2023)
- Market cap: $71.87 Billion (August 2023)
- Number of employees: 3,36,294 (2023)
Infosys is an Indian multinational information technology company that provides business consulting, information technology, and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys provides software development, maintenance and independent validation services to companies in finance, insurance, manufacturing, and other domains. Its key products and services are NIA – Next Generation Integrated AI Platform (formerly known as Mana), Infosys Consulting – a global management consulting service, and Cloud-based enterprise transformation services.
The company is known for its ethical and professional work culture and is considered one of the most respected names in India’s IT industry.
According to Infosys’s 2023 financial reports the company’s Gross Profit is $1,406 million and operating profit is $961 million.
15) Tata Consultancy Services (TCS)
- Product Type: Technology company.
- Industry: Information technology.
- Founded: 1968,
- Founder: J. R. D. Tata.
- Headquarters: Mumbai, India.
- Area Served: Worldwide.
- Current CEO: K. Krithivasan.
- Revenue: US$29 billion (2023)
- Market cap: $149.96 Billion (August 2023)
- Number of employees: 614,795 (2023)
Tata Consultancy Services (TCS) is an Indian multinational IT services, consulting, and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development. TCS is a subsidiary of Tata Sons, a major Indian holding company, and operates in 150 locations across 46 countries.
TCS is well known in the e-governance, banking and financial services, telecommunications, education, and healthcare markets.TCS has a unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. TCS has a history of working with the large enterprise financial sector from the early days of computers, which provided much experience in the financial services market. TCS became a publicly traded company in 2004 and has since become one of the largest and most profitable companies in India.
As of March 2023, the revenue generated is ?228,907 crore (US$29 billion). TCS generated a net income of RS.42,147 crore (US$5.3 billion) as of March 2023. Total number of employees in 2023 is 614,795. TCS is the second largest Indian company by market capitalization and is among the most valuable IT service brands worldwide, and is the top Big Tech (India) company. This makes Tata Consultancy Services the world’s 79th most valuable company by market cap.
Conclusion
The digital technology decision makers are moving at a very fast face to achieve their business goals and objectives. Accenture makes use of digital technology for providing various solutions to achieve better performance.
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