Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even as they invest in artificial intelligence and cybersecurity. Accenture is acquiring cybersecurity firms to boost its capabilities. The company expects revenue for the fourth quarter to be below estimates. This signals a broader trend in the consulting industry.
Accenture revised its annual revenue growth forecast downwards, leading to an 11% pre-market stock crash. The company noted cautious technology spending among clients, even amidst investments in AI and cybersecurity. This signals a broader slowdown in the consulting industry,…
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