Last Tuesday we talked about the IT industry in general, and what is out there. We also discussed Apple's humongous market share over the music industry. There are three general major markets in IT: hardware, software, and service. I did some research into the service side of IT, and decided to do this blog post mainly about accenture.
Accenture is defined as a technology outsourcing company, a global management consulting company, and also a technology consulting company. In simple terms, they do a lot. They are single handedly the biggest consulting firm in the world. They are considered a Fortune 500 company, and last year they had a revenue of $23.39 billion.
Accenture did a nice job with the Indian outsourcing upstarts that occured eight years ago. They essentially combined the best aspects of the Indian offshore concept with their own business consulting. To block Indian companies from getting a hold in their accounts, Accenture took on their low-end jobs. They also invested in staying ahead of the competition.
I'm excited to see how this company will succeed even more. I never had an interest in management consulting companies until now. I can see how businesses hold these companies in great stature.
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