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Accenture Quarterly New Bookings by Type of Work

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Accenture Quarterly New Bookings by Type of Work
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The above graph represents the Accenture quarterly new bookings by type of work, starting from fiscal Q1 2004 to Q3 2020. Accenture’s total new bookings for the third quarter of fiscal 2020 were $11.03 billion. Interestingly, the new bookings for consulting services accounted for approximately 56.1% of the total bookings. Accenture’s consulting bookings increased 3% YoY in FY Q3 2020, to $6.19 billion. On the other hand, Accenture’s outsourcing bookings increased an appreciable 5.5% YoY, to $4.84 billion during the quarter.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID930
NoteAccenture fiscal year starts from September 1st

However, on a quarterly basis, the company reported a strong decline in the new bookings for both consulting and outsourcing businesses during the third quarter ended May 31, 2020. While the consulting bookings declined 13.4% QoQ, outsourcing bookings declined 31.4% QoQ during the quarter.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture New Bookings by Quarter: FY Q1 2004 – Q3 2020

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Accenture New Bookings by Quarter
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The above graph represents the Accenture new bookings by quarter, starting from fiscal Q1 2004 to Q3 2020. The company reported a modest 4.1% YoY growth in its total new bookings, increased from $10.6 billion in FY Q3 2019 to $11.03 billion in FY Q3 2020. However, it’s a huge 22.3% decline from the previous quarter when Accenture’s total new bookings reached an all-time high of $14.2 billion.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID931
NoteAccenture fiscal year starts from September 1st

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

After Facebook, Now Twitter is Caught Abusing Phone Number For Ads

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The Twitter logo is seen on a sign at the company's headquarters in San Francisco, California on November 4, 2016. / AFP PHOTO / JOSH EDELSON (Photo credit should read JOSH EDELSON/AFP via Getty Images)

Thanatophobia, or fear of death, is a relatively complicated phobia. Similarly, fear of losing your digital accounts to hacklers or scammers is equally terrifying for many, if not most, people. And many tech majors is not shying away from taking advantage of it!

Twitter is facing a probe from FTC (Federal Trade Commission) that could make the micro-social media platform to cough up as much as $250 million in fine. The probe is in relation to misusing the mobile numbers of users that Twitter collected for two-factor-authentication (2FA).

The 2FA is meant to safeguard user’s account from any kind of hacking or unauthorised hacking. A user is asked to key-in his mobile number that can be used to verify the authenticity of the same user in case of any suspicious login/activity or account recovery.

Twitter, however, allegedly used the mobile number of users for advertising purpose, instead of just verification.

The issue came to light after Twitter disclosed it in its recent quarterly filing to SEC. The company received a draft complaint from FTC on July 28 and now it’s staring at a fine that could go up to $250 million.

Twitter is alleged for violating 2011 settlement with the FTC that safeguards the personal information of the platform users.

Twitter has stopped disclosing a total number of active users on the platform for the last year. Instead, it reports the Monetizable Daily Active Users (mDAUs) which has reached 186 million by the end of Q2 2020. It’s estimated that Twitter has more than 330 million users overall.

That agreement included a provision banning Twitter from “misleading consumers about the extent to which it protects the security, privacy, and confidentiality of nonpublic consumer information, including the measures it takes to prevent unauthorized access to nonpublic information and honour the privacy choices made by consumers.”

In October last year, however, twitter admitted of using users’ mobile number of for targeted advertising between 2013 and 2019.

This is not the first time when any internet major is accused and found abusing users’ personal information, especially mobile number collected for the sole purpose of securing accounts. In March 2019, the social media behemoth Facebook was also found abusing the mobile number of users in the same fashion. However, the company not only used the number for targeted advertising alone but it also allowed advertisers to reach users with contact information collected in surprising ways by using mobile number.

This is also not the first time when any social media company is staring at the fine for a privacy violation. FTC slapped a whopping $5 billion fine on Facebook last year for repeated violation of the privacy of users.

The amount fo fine that twitter is staring at, pales in front of the amount Facebook coughed up. It would be interesting to see if FTC decides to let Twitter go with just $250 million penalty or decides to take some strict action to set an example for every internet giant out there.

Warren Buffett’s Stake In Apple Is Worth More Than Combined Valuation of All Startup Unicorns in India

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Warren Buffett Stake in Apple

The Oracle of Omaha has got an eye for a good bet and it’s proven time and again. Once a popular critic of Apple, Warren Buffett is the largest individual investor in Apple now and continue to buy more stocks of the iPhone maker. His investment in Apple is paying off well and has reached to a level that is more than the combined valuation of all startup unicorns in India.

After the latest surge in the price of Apple share price, Warren Buffett owned Apple stocks are valued $112 billion while the estimated combined valuation of all 21 startup unicorns in India is $73.2 billion!

Buffett started investing in Apple way back in 2016 when he purchased a whopping 9.81 million shares worth around $1 billion. After that in 2019, when he had to report to his own investors, it was revealed that his company Berkshire Hathaway spent $35.287 billion in buying some more Apple shares. Then, consecutively in February 2020, it came to light that he sold somewhat around $800 million worth of Apple shares and didn’t buy any since.

Quite recently, according to Markets Insider, Buffett’s Apple stocks are valued over $112 billion triggered by the 10% rise in the share price of Apple after the company reported its record-shattering June quarterly figures. Thus, currently, Apple is the largest single stock holding of Buffett which represents more than four times his second-largest holding in Bank of America.

Just a few months back we reported about the secret sauce behind the enormous success of Warren Buffett. Interestingly, it was revealed by none other than Oracle of Omaha itself who, despite owning 245 million Apple’s share worth $112 billion, bought his first iPhone quite recently.

Now when it comes to startup unicorns, India, being home to 21 one of them, is currently at the fourth position after the USA (223 unicorns), China (60 unicorns) and the UK (21 unicorns).

Source: Hurun Research Institute

Amid the 21 Indian unicorns which are collectively valued at $73.2 billion, it is the fintech giant Paytm which alone claims nearly 22% of the total valuation. It has the highest individual valuation at $16 billion which is then followed by OYO Rooms which is valued at $8 billion and BYJU’s which is valued at $8 billion as well.

Source: Hurun Research Institute

It should be noted that the average age of existence for Indian unicorns is 7 years. Out of the 21 unicorns, only two of them are less than four years old – Ola Electric which was founded in the year 2017 is currently the youngest unicorn on the list followed by Udaan which came into existence in the year 2016.

In India, almost one-third of all unicorns such as OYO Rooms, BigBasket, Lenskart, PayTM Mall happens to be in the e-commerce space which is one of the four core competence sectors of the world’s top unicorns. The other three sectors are Fintech, AI and SaaS.

This year, India was able to add three new unicorns to the list with Bengaluru being the unicorn capital of the country with eight unicorns. Other prominent cities Gurugram and Noida follow closely as they are home to six and two unicorns respectively. In terms of valuation, Bengaluru’s contribution to the Indian unicorn list is the addition of unicorns worth $29 billion in total while Gurugram and Noida happen to be contributing to the list by adding unicorns worth $19 billion each.

Now, it remains to be seen if and when the future additions to the Indian unicorn list will be able to collectively topple the latest Apple stock valuation of the wisest and most shrewd investor of our time.

Number of Accenture Employees by Quarter

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Number of Accenture Employees by Quarter
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The above graph represents the total number of Accenture employees by quarter, starting from fiscal Q1 2006 to Q3 2020. As of May 31, 2020, Accenture has about 513,229 full-time employees across the world, after adding 31,672 new people to the team in the span of 12 months. Interestingly, a majority of them serve the company’s global clients.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID929
NoteAccenture fiscal year starts from September 1st

Interestingly, in fiscal Q1 2020, ended November 30, 2019, the global headcount of Accenture surpassed 500,000 people for the first time in history. With this milestone, Accenture Plc emerged as the single largest tech employer in the world.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Outsourcing Revenue by Quarter: FY Q1 2003 – Q3 2020

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Accenture Outsourcing Revenue by Quarter Q3 2020
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The above graph represents the share of Accenture outsourcing revenue by quarter, starting from fiscal Q1 2003 to Q3 2020. Accenture revenue from outsourcing business increased 2.68% YoY during the third quarter of fiscal 2020, to $4993.41 million. That’s representing a whopping 45.4% of the company’s total revenue.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID928
NoteAccenture fiscal year starts from September 1st

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Consulting Revenue by Quarter: FY Q1 2003 – Q3 2020

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Accenture Consulting Revenue by Quarter Q3 2020
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The above graph represents the Accenture consulting revenue by quarter, starting from fiscal Q1 2003 to Q3 2020. A majority of the company’s total revenue comes from the consulting services, every quarter. Accenture consulting revenue declined 3.8% YoY during the third quarter of fiscal 2020, to $5,997.9 million. That’s representing a whopping 54.6% of the company’s total revenue.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID927
NoteAccenture fiscal year starts from September 1st

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Quarterly Revenue by Type of Work

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Accenture Quarterly Revenue by Type of Work
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The above graph represents the Accenture quarterly revenue by type of work, starting from fiscal Q1 2003 to Q3 2020. Interestingly, over 54.6% of the company’s total revenue in FY Q3 2020 came from its consulting business, and rest 45.4% from outsourcing business. Accenture consulting revenue declined 3.8% YoY, to $5,997.89 million during the third quarter of fiscal 2020. The decline in revenue was led by the decline in Europe and North America revenues, partially offset by the strong growth in other Growth Markets.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID926
NoteAccenture fiscal year starts from September 1st

In fiscal Q1 2020, Accenture quarterly revenue from consulting services reached an all-time high of $6,377.25 million, worldwide.

On the other hand, Accenture outsourcing revenue increased a modest 2.68% YoY during the fiscal Q3 2020, to an all-time high of $4,993.4 million.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Microsoft Aims Global Acquisition Of TikTok, Including India!

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It seems like TikTok can finally shed its Chinese origin from all over the world.

It has recently been revealed by people in the know that Microsoft is now aiming to acquire TikTok’ globally instead of going after their United States, Canada, Australia, and New Zealand operations only.

Though the news is yet to be officially confirmed, the question that arrives here is – Why did Microsoft make a sudden change from their previously confirmed plan?

The person happens to be tightly linked with ByteDance’s Asia-Pacific operations, under the condition of anonymity has revealed that Microsoft became attracted to the idea of buying all of TikTok’s global business due to the operational complexity, global growth potential and ease of management. Microsoft realised that it would be very difficult to separate the back-office functions such as HR and so on.

Additionally, the individual also mentioned that the tech behemoth wants to ensure users have access to the app when they travel from one country to another.

The deal could be to tune of $50 billion as existing investors and TikTok management finds the exploded growth of TikTok in a very short span of time very compelling.

Following Microsoft’s announcement on Sunday, Trump on the very next day, in a statement regarding the same said that buying TikTok out entirely is way better than just getting 30% of it. He also mentioned whomsoever closes the deal should be paying a hefty amount to the US Treasury.

Here it needs mentioning that this deal wouldn’t be extending to China as TikTok operations are limited to outside of its origin country. Chinese citizens primarily use ‘Douyin’ which is often dubbed as the sister app of TikTok.

Currently, according to the sources who have revealed this particular information to Financial Times, Microsoft executives are busy trying to ease the worries of the Chinese government when it comes to getting stuck between the crosshairs of the tussle between Beijing and Washington.

Nonetheless, it is quite understandable that there are far too many moving parts in this deal which makes it quite a complex one.

Challenges For The Global Acquisition Of TikTok

One of the biggest obstacles which stand in the way of the deal materialising is obviously the valuation. When questioned about the same, one of the anonymous sources mentioned that the two parties are having to partake in a game of multi-dimensional chess and reaching a valuation both of them agree with is going to be a long battle. This is because there are multiple stakeholders starting from governments and minority shareholders in ByteDance, all of whom currently have their eyes on the deal.

Other than that, the second biggest obstacle that stands in the way of the acquisition is the huge challenge of ripping apart TikTok’s technology from ByteDance.

The sources have said that the Chinese-origin company, long before the talks of acquisition ever began, was working on separating the data and algorithms of Tiktok between China and the rest of the world. However, there is no information when it comes to how successful they have been in doing so.

According to the new information that has come to light, Microsoft has added an agreement wherein within one year they want to separate TikTok from its Chinese parent and address all the concerns of US government over the security of data. However, the sources in the know speculate it will easily take 5-7 years in doing so and thus consider that the timeframe will inevitably be extended.

Lifting Of The Indian TikTok Ban Post Acquisition?

if Microsoft acquires TikTok globally, it will kill all the concerns of authorities in various countries including India. The acquisition will help TikTok returning to its 200 million-strong Indian user base. India is TikTok’s biggest market which is seconded by the United States.

If the popular short-form video app is purchased by Microsoft then it can help them shed their Chinese origin which was one of the core reasons why it got banned in the first place. Although at the same time it would also diminish the chances of all the Indian-made TikTok clones to take off, it will probably be a good thing for all the creators who lost their following and influence on the app overnight.

One of the sources who has been following this acquisition from India has revealed that there, in fact, is a deal in the works with Microsoft. However, if that falls through, ByteDance can very well sell TikTok India to either any other foreign investor or Indian buyers.

Now, it remains to be seen how the plot further thickens and in whose favour does it end up playing out. We will keep you posted on all future developments. Until then, stay tuned.

Accenture Europe Revenue Share by Quarter

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Accenture Europe Revenue Share by Quarter
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The above graph represents the Accenture Europe revenue share by quarter, starting from fiscal Q1 2014 to Q3 2020. After North America, Europe is the second biggest market for Accenture plc in terms of revenue. The region accounted for approximately 32.5% of the company’s total revenue during the fiscal Q3 2020. Accenture quarterly revenue from Europe declined a notable 5.2% YoY and 1.48% QoQ, to $3,575 million during the quarter.

RegionEurope
SourceAccenture plc SEC Filings
Graph ID925
NoteAccenture fiscal year starts from September 1st

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Quarterly Revenue from North America

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Accenture Quarterly Revenue from North America
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The above graph represents the share of Accenture quarterly revenue from North America, starting from fiscal Q1 2014 to Q3 2020. North America, which includes the United States and Canada, has always been the biggest market for the company. Interestingly, about 47.7% of Accenture’s total revenue in fiscal Q3 2020 came from the North America region, amounting to $5239.28 million.

RegionNorth America
SourceAccenture plc SEC Filings
Graph ID924
NoteAccenture fiscal year starts from September 1st

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Quarterly Revenue by Region: FY Q1 2014 – Q3 2020

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Accenture Quarterly Revenue by Region
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The above graph represents the Accenture quarterly revenue by region, starting from fiscal Q1 2014 to Q3 2020. North America has always been contributing the most to Accenture’s total global revenue, every quarter. In fiscal Q3 2020, the region accounted for 47.7% of the company’s total revenue. Accenture quarterly revenue from North America increased a small 1.77% YoY, to $5,239.3 million during the third quarter of fiscal 2020.

RegionAmerica, EMEA, APAC, Rest of World
SourceAccenture plc SEC Filings
Graph ID923
NoteAccenture fiscal year starts from September 1st

The highest-ever revenue from North America region, which includes the United States and Canada, was reported in fiscal Q1 2020.

Accenture Europe revenue declined a notable 5.2% YoY in fiscal Q3 2020, to $3,575 million. The decline in revenue was led by the United Kingdom, Spain and France, and partially offset by growth in Italy and Germany.

Accenture revenue from Growth Markets, which include Asia Pacific, Latin America, Africa, the Middle East and Turkey, amounted to $2,177 million during the three months ended May 31, 2020. The company recorded a negligible 0.19% YoY decline in its revenue from Growth Markets, mainly due to the decline in Consumer Goods, Retail & Travel Services. Japan was driving the growth. It was fiscal Q1 2020 when the company’s revenue from Growth Markets reached an all-time high of $2,281.5 million, with an appreciable 11.8% YoY growth.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Accenture Quarterly Revenue by Segment

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Accenture Quarterly Revenue by Segment
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The above graph represents the Accenture quarterly revenue by segment, starting from fiscal Q1 2002 to Q3 2020. The company has currently five reportable operating segments: Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. However, Accenture plc decided to refer “Operating Segments” as “Industry Groups” from the third quarter of fiscal 2020. Accenture’s global revenue in FY Q3 2020 clocked $10,991.3 million. Approximately 20% of that came from the communications, media and technology segment.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID922
NoteAccenture fiscal year starts from September 1st

Accenture quarterly revenue from communications, media and technology segment declined nearly 2.5% YoY in FY Q3 2020, to $2,197.2 million. The highest-ever revenue from this segment was reported during the fiscal Q3 2019.

Accenture revenue from financial services also declined nearly 2.67% YoY, from $2196.6 million in FY Q3 2019 to $2,137.9 million in FY Q3 2020. However, on a quarterly basis, the company recorded about 2.46% growth in financial services revenue.

Interestingly, Accenture’s heath and public services revenue reached an all-time high of $2,015.87 million during the third quarter of fiscal 2020, with an impressive 10.78% YoY growth. That’s representing approximately 18.3% of the company’s total revenue generated during the quarter.

Accenture products’ revenue declined nearly 2.55% YoY and 5.14% QoQ, to $2,998.9 million in fiscal Q3 2020. The revenue from products reached an all-time high of $3,216.7 million, worldwide.

Accenture quarterly revenue from Resources segment clocked $1,636.6 million during the third quarter ended May 31, 2020. That’s nearly 6.37% decline from the year-ago period when the company reported a whopping $1747.98 million in Resources revenue.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

Will Google’s Move To Delete 2,500 YouTube Channels Add Fuel To The Fire With China?

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The US-China trade war has started rearing its ugly head. Both sides are now turning to extreme measures on the digital front to get back at each other. After a Chinese firm was reported to be filing a patent infringement lawsuit Apple Inc, a new strike-back from the U.S is making the headlines today!

The Alphabet-owned tech giant Google has revealed that they have recently deleted a whopping 2500 YouTube channels that were allegedly tied to China.

According to Google, this action was carried out in order to strip away misleading disinformation from the popular video-sharing platform. All these channels received the axe from anywhere between April and June as part of the tech giant’s ongoing investigation into ‘coordinated influence operations linked to China.’

Generally, these Chinese channels were observed to be posting content that was spammy but non-political. However, a small subset of them did touch on political subjects according to the company’s statement in a quarterly bulletin on disinformation operations.

Currently, no information regarding the specific channels has been provided by Google. Nonetheless, they did, however, provided some few details which link to the videos that were being posted by the now taken down channels to a similar disinformation campaign being carried out on Twitter in the month of April.

As of now, there have been no comments on this matter from the Chinese Embassy in the U.S. However, it should be noted that Beijing, in the past, has denied several allegations of spreading disinformation in foreign countries.

Disinformation Dispute To Further Divide The US-China Relationship?

By now it is well known that the US-China relationship is currently at a very fragile state. Multiple reasons such as the global COVID-19 pandemic, China building its military camp in the South China Sea, their increasing control over Hong Kong and so on have contributed very heavily to the divide. Now, it begs the question if this particular disinformation allegation against China will further add to the already tumultuous situation amid two countries.

Yesterday, the White House, in a statement, announced that they were going to be upping the ante against all ‘untrusted’ Chinese apps and purge them from the US digital networks. They also called Chinese origin apps TikTok and WeChat ‘significant threats’.

A campaign called ‘Clean Network’ has been started by the U.S Secretary of State Mike Pompeo wherein he mentioned he will be focusing on including various steps to prevent Chinese apps along with Chinese telecoms companies from accessing sensitive information on American citizens and businesses.

In a response to it, the foreign minister of China Wang Yi, in an interview with state news agency Xinhua accused that Pompeo is trying to create newer and more divisions among their countries and called the actions being taken against TikTok in the U.s ‘a textbook case of bullying.’

He also added that the United Stated clearly aims to monopolize its position in technology by rob other countries of their right to develop and deploy their own technological products in other countries.

Since the 2016 presidential election, foreign actors seeding disinformation in the U.S has emerged as a burning threat for both American politicians and technology companies alike.

Everyone is aware of how the Russian government-linked actors leveraged the social media ecosystem to pump hundreds of thousands of deceptive messages which ended up influencing the 2016 elections wherein Trump was elected president.

Tech giants such as Google and Facebook surely do not want that incident to be repeated by any other country this time and thus they are aiming to combat online propaganda in every way possible. They also issue updates on how they are doing it on a regular basis on public forums so that they can be as transparent as they can.

Now it remains to be seen how China responds to this particular counter-punch by Google. We will keep you updated on all future developments. Until then, stay tuned.

Accenture Costs and Expenses by Quarter: FY Q1 2002 – Q3 2020

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Accenture Operating Costs and Expenses by Quarter
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The above graph represents the Accenture costs and expenses by quarter, starting from fiscal Q1 2002 to Q3 2020. The primary categories of expenses include cost of services, sales and marketing expenses, general and administrative expenses, etc. Accenture’s total operating expenses amounted to $9,278.6 million in fiscal Q3 2020. Out of those, about $1,118.2 million were spent on sales and marketing activities worldwide. Accenture sales and marketing expenses declined a notable 5.57% YoY in third quarter of fiscal 2020.

Sales and marketing as percentage of Accenture’s total revenue also declined to 10.2% in FY Q3 2020, from 10.7% a year-ago period. This was primarily due to lower selling and other business development costs.

RegionWorldwide
SourceAccenture plc SEC Filings
Graph ID921
NoteAccenture fiscal year starts from September 1st

Interestingly, Accenture spent a record $1,191.1 million on sales and marketing activities during the first fiscal quarter ended November 30, 2019, marking an impressive 11.3% YoY growth.

Accenture’s total cost of services declined 1.4% YoY during the fiscal Q3 2020, to $7,462.6 million. On a quarterly basis, it’s a notable 4.1% decline from fiscal Q2 2020 when the company’s cost of services hit an all-time high of $7,782.3 million.

Accenture general and administrative expenses amounted to $697.8 million during the third quarter of fiscal 2020, worldwide. The 11.4% YoY growth was primarily due to higher technology and facilities costs. However, it’s nearly 1.39% decline from the previous quarter when the company reported its highest-ever general and administrative costs, clocking $707.57 million.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.