206.66 0.00 (0.00%)
After hours: 5:11PM EST
|Bid||206.40 x 1800|
|Ask||211.11 x 1100|
|Day's Range||203.01 - 206.72|
|52 Week Range||132.63 - 206.72|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||28.08|
|Earnings Date||Dec 19, 2019|
|Forward Dividend & Yield||3.72 (1.82%)|
|1y Target Est||205.23|
(Bloomberg) -- The U.S. Army will spend $111 million next year in a new contract with Palantir Technologies Inc., deepening ties between Peter Thiel’s data analytics company and the Pentagon.The new Defense Department deal will represent about 10% of Palantir’s revenue next year, according to people familiar with the company’s finances. It’s the first step in what could be a four-year, $440 million deal with the Army.The Silicon Valley company will provide software to connect human resources, supply chains and other Army operations systems into a single dashboard. The Army considered earlier proposals for related work from Accenture Plc, Deloitte, Ernst & Young and Microsoft Corp.“We started Palantir in 2004 to help the war fighter and solve difficult problems,” Doug Philippone, head of Palantir’s global defense business, said in an emailed statement. “In helping the Army make better use of its own data, we accomplish both goals.”The Defense deal solidifies a relationship between the U.S. government and the Palo Alto, California-based company, which was co-founded and partly bankrolled by Thiel. The billionaire venture capitalist and adviser to President Donald Trump has chastised other technology companies, in particular Alphabet Inc.’s Google, for their reluctance to work with the Defense Department. After Google abandoned a Pentagon effort known as Project Maven, Palantir stepped in to help develop video recognition software as part of the project, a move reported earlier by Business Insider.On Saturday, a company spokeswoman said Palantir will run its first-ever commercials, which will air during the Army-Navy football game, in a bid to show its support for the U.S. military.In recent years, Palantir has sought to work more with companies and be less reliant on government contracts. Airbus SE and Merck KGaA are among its customers, but government clients still make up a significant portion of revenue.To contact the reporter on this story: Lizette Chapman in San Francisco at email@example.comTo contact the editors responsible for this story: Mark Milian at firstname.lastname@example.org, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Accenture has agreed to acquire Clarity Insights, a U.S.-based data consultancy.
Accenture (ACN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mortgage Cadence has integrated American Land Title Association Data into its collaboration center platform.
Financial services companies could generate $140 billion in gains by modernizing their workforce technologies, says Accenture.
(Bloomberg) -- North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.The study released Thursday found that the broader group of financial-services firms in the region could save $87 billion to $140 billion through automation and augmentation of more than half their tasks. The cost savings could be as high as $44 billion in insurance and $25 billion in capital markets.“There are certainly some jobs that will be automated,” said Cathinka Wahlstrom, head of Accenture’s financial-services practice in North America. But for those employees who remain, technology can be a boon, she said. “It’s an opportunity as opposed to something to fear. Done right, it’s going to be great both in terms of productivity savings and ultimately client experience.”Banks and other financial firms are grappling with the rapid pace of technological change by overhauling operations and investing in digital offerings for clients. That means eliminating some job functions and retraining staff.“Some roles will change dramatically in years to come,” Accenture said. It estimated more than 50% of tasks performed by loan officers, financial advisers, bank supervisors, loan clerks and tellers could be automated and augmented by 2025.In capital markets, more than half of the work done by financial analysts, sales agents, brokerage clerks and statisticians could be automated or augmented in the same period. Financial-industry executives surveyed by Accenture said only a quarter of employees are ready to work with intelligent technologies.In wholesale markets, foreign exchange has made wide use of technology while fixed income lagged, Wahlstrom said. Portfolio analysis is also becoming more automated. Even in private banking, where the wealthiest clients expect bespoke service from human advisers, digital tools are in demand.As technology allows firms to cut costs and become more efficient, machines can also help the human workforce to focus on higher-value work such as innovation, relationship-building and customer service, the consultant said.“The labor market is really tight, so it’s not like there’s enormous supply,” Wahlstrom said. “The faster and easier thing is for most companies to retrain their employees” to improve their work using technology, she said.To contact the reporter on this story: Lananh Nguyen in New York at email@example.comTo contact the editors responsible for this story: Michael J. Moore at firstname.lastname@example.org, Dan Reichl, Peter BlumbergFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
As a new decade approaches, they must look inwards for a total re-examination of their purpose and place in the world, says a new report by Accenture (ACN). Now in its 13th year, Fjord Trends 2020 takes its annual look ahead to the future of business, technology and design, according to Fjord, design and innovation from Accenture Interactive. Changing mindsets, accelerated by rising digital adoption, have reached the C-suite, forcing leaders to reconsider the very principles their organizations are built on.
Customer affinity for communications and media companies is closing the gap with that for big tech and digital companies, says Accenture.
Accenture launched the Accenture Cloud Native Core Solution to help enterprises leverage the public cloud for business agility and results.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Verizon Communications, Accenture, General Electric and American Tower
Organizations must rethink their fundamentals, reveals the new Fjord Trends Report from Accenture Interactive.
Accenture was named a leader in automated life insurance underwriting systems in a new report from Forrester.
Accenture Interactive was named a Leader in the latest research report on global digital experience agencies from Forrester.
Accenture (ACN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Accenture is celebrating five years of working with Code.org to empower students with Hour of Code activities.
As businesses embrace digital transformation and new ways of working, keeping sensitive information safe is a growing challenge for employers and employees. A 2019 study by International Workplace Group, which operates serviced offices and co-working spaces, found that 50 per cent of employees globally work away from their office at least two and a half days a week. Meanwhile, many businesses have increasingly long — and global — supply chains.
Accenture will assist Navantia in the development of advanced technologies to improve shipbuilding.
Accenture Security has been named as a Leader in the latest Forrester Research report on European cybersecurity consulting providers. To assess the state of the information security consulting market in Europe, Forrester evaluated strengths and weaknesses of top firms to provide an analysis of key differentiators against a comprehensive set of 21 criteria. The evaluation criteria for the Forrester Wave report are grouped into three high-level categories: ‘Current Offering’, ‘Strategy’ and ‘Market Presence’.