Inorganic push instrumental to Accenture’s growth
Information technology giant Accenture has taken the acquisition route to spur growth. In the last five years, the company had spent around $3.5 billion to make over 70 buyouts. To put that in perspective, the total amount spent on acquisitions by Accenture is more than the two IT biggies, Infosys and Wipro Ltd put together, had spent on acquisitions. The acquisitions done by Accenture are by no means a small feat as it requires a well-oiled M&A system to drive so many acquisitions and ensure smooth integration to deliver value. How buyouts spur growth Ireland-based Accenture’s spate of acquisitions of companies such as analytics and cloud computing has helped to outpace growth. The listed company, which follows a September-August fiscal, is likely to report 6.7% dollar revenue growth in the year to August 2018. The aggressive acquisition model of Accenture is driven by Fortune 1000 clients demanding from the IT vendors solutions that help them run their business better. In f...