Accenture And Avanade Expand Capabilities To Accelerate Data Readiness And Generative AI Adoption With Microsoft Technology
Portfolio Pulse from Benzinga Newsdesk
Accenture (ACN) and Avanade have launched new offerings with Microsoft Fabric to accelerate data readiness and AI adoption. They are also expanding capabilities around Microsoft Copilot solutions for generative AI. Accenture's $3B investment in data and AI includes building a practice of 4,000 Fabric-certified professionals. The companies are working with Microsoft to enhance its self-service analytics and with global businesses like Repsol and Ferrovial to adopt generative AI. Accenture and Avanade have a combined 240,000 Microsoft-skilled professionals, including 65,000 dedicated to Microsoft technologies.
November 15, 2023 | 8:12 pm
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Accenture is expanding its data and AI offerings with Microsoft Fabric and generative AI capabilities, indicating a strong focus on innovation and growth in these areas.
Accenture's investment and new offerings in data and AI, along with its collaboration with Microsoft, are likely to be viewed positively by investors. The focus on expanding capabilities in a high-growth area such as AI could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Microsoft's technology is central to Accenture and Avanade's new offerings, which could reinforce Microsoft's position in enterprise AI and data analytics solutions.
The partnership with Accenture and Avanade to enhance data readiness and AI adoption using Microsoft's technology is likely to be seen as a validation of Microsoft's AI and cloud capabilities. This could have a positive impact on Microsoft's stock as it showcases the company's strength in these strategic areas.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70