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Notably, generative AI contributed $1.2 billion to new bookings in Q1, reflecting a $200 million sequential rise.Domestic IT firms, particularly those focusing on emerging technologies, stand to benefit from this surge in demand for generative AI.
How to grow wealth with Indian infrastructure stocks ✌️【Flexible Work】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!According to analysts, Indian companies could see a ripple effect from Accenture’s investments in AI-driven client reinvention strategies.On a geographical basis, Accenture’s North America revenue rose to $8.73 billion in Q1, while Europe, the Middle East, and Africa (EMEA) revenues increased to $6.41 billion.
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How to grow wealth with Indian infrastructure stocks ✌️【Flexible Work】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!By verticals, the products segment grew to $5.43 billion, withhealthand public services and financial services showing notable gains.The company’s headcount increased for the second consecutive quarter, adding 24,697 employees to reach 799,000, including a significant number of additions in India.
However, attrition rose by 1 percentage point to 12%.Accenture’s steady growth in new technologies and diversified verticals provides a preview of what domestic IT firms might expect in terms of sectoral demand and client priorities in the coming quarters.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.
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Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.
Check the latest petrol and diesel prices in major cities on 20 December 2024.How to grow wealth with Indian infrastructure stocks Achieve Financial Freedom through Smart Investments