Accenture Cloud Launches With $3 Billion Investmentby Fintechnews Switzerland September 21, 2020
Accenture aims to propel its clients across all industries to rapidly become “cloud first” with an investment of US$3 billion over 3 years with the formation of its aptly-named Accenture Cloud First.
Karthik Narain will lead Accenture Cloud First and join the Global Management Committee, effective October 1 onwards.
A technology industry veteran based in Silicon Valley, Narain most recently served as the lead for Accenture Technology in North America. Over his 20-year career, he has led many innovative technology programs for clients across a variety of industry sectors, including Software & Platforms, Financial Services and High Tech. Karthik also previously led Technology services for Accenture’s Communications, Media and High Tech industry segments.
Accenture Cloud First is a new multi-service group of 70,000 cloud professionals that brings together its industry and technology capabilities, ecosystem partnerships, and deep commitment to learning and upskilling clients’ employees and to responsible business.
Their main focus is to enable organisations to move to the cloud with greater speed and achieve greater value for all their stakeholders at this critical time.
Accenture’s $3 billion investment will be used to drive lower unit cost and innovation research and development in edge computing and related cloud technologies.