Accenture Archives - Corporate Updates

Accenture names new leaders for reinvention services

Global professional services firm Accenture has announced a new leadership structure for its Reinvention Services division as part of a broader reorganisation aimed at strengthening its artificial intelligence-led transformation capabilities for clients worldwide.

The restructuring, which will take effect from March 31, 2026, is designed to help the company respond to rising demand from organisations seeking large-scale digital transformation driven by data and generative AI technologies.

The new Reinvention Services unit will be overseen by Manish Sharma, who serves as Chief Strategy and Services Officer at Accenture. In this role, Sharma will lead the company’s integrated services business and guide its strategy for helping clients modernise operations and adopt AI-enabled solutions.

Accenture said the leadership changes are part of a new operating model intended to bring together the company’s diverse capabilities into a more unified framework. By integrating expertise across strategy, consulting, technology, operations and creative services, the firm aims to deliver faster and more comprehensive transformation programmes for enterprises across industries.

Under the revised structure, Accenture will organise its services around how organisations operate and deliver value. The company will introduce seven specialised groups known as “Reinvention Partners,” each focused on a specific area of business transformation. These groups are designed to provide clients with end-to-end capabilities, enabling them to access technology, consulting and operational expertise through a single integrated structure.

The new leadership team will also work closely with Accenture’s global ecosystem of technology partners to accelerate the development and deployment of AI-powered solutions. The company believes this approach will allow clients to more quickly adopt emerging technologies and scale innovation across their organisations.

According to Accenture, the restructuring reflects the growing importance of artificial intelligence in enterprise transformation. Companies across sectors are increasingly investing in generative AI and digital platforms to improve productivity, enhance customer experiences and unlock new growth opportunities.

With the revamped services structure and leadership team in place, Accenture aims to strengthen its position in the rapidly evolving AI and digital transformation market, while helping organisations adapt to changing technology landscapes and reinvent their operations for the future.

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Accenture sees 6% revenue rise on strong AI demand

Accenture reported stronger-than-expected revenue for the first quarter of its 2026 financial year, driven by high demand for AI-related services and broader digital transformation projects.

The global IT consulting firm posted $18.74 billion in revenue for the quarter ended November 30, 2025, beating analysts’ estimate of $18.52 billion and marking roughly 6 percent growth from last year. The results were at the top end of the company’s guided range, which forecast local-currency growth of 1 percent to 5 percent.

The performance reflects continued enterprise spending on technology, especially AI solutions that help businesses automate tasks and improve efficiency. New client bookings rose about 10 percent in local currency to $20.9 billion, including 33 contracts over $100 million each. Advanced AI bookings alone reached $2.2 billion, nearly double the same period last year.

CEO Julie Sweet said the results confirm Accenture’s strategy of helping clients scale digital and AI capabilities. As AI demand matures beyond pilots, integrating it into broader services highlights its growing importance in the company’s growth strategy.

Despite the strong AI growth, Accenture said it will stop separate reporting of AI revenue and bookings. The company explained that AI is now integrated across most client projects, making standalone reporting less meaningful. This shows how central generative and advanced AI has become in its consulting and managed services.

Accenture also exceeded its own operating margin guidance, closing the quarter with around a 17 percent margin compared with projections of 15.7 percent to 15.9 percent. The company maintained its full-year local-currency revenue growth forecast of 2 percent to 5 percent and expects second-quarter revenue between $17.3 billion and $18 billion.

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