Accenture 2023 Highlights

General Overview:

• Delivered 360-degree value for all stakeholders: people, planet, and community.

• Revenue: $64.1 billion, up 8% in local currency and 4% in US dollars.

• New Bookings: $72.2 billion, up 5% in local currency and 1% in US dollars.

• Adjusted earnings per share (EPS): $11.67.

• Free Cash Flow: $9.0 billion.

• Operating Cash Flow: $9.5 billion.

• Property & Equipment additions: $528 million.

Shareholder Returns:

• Total cash returned to shareholders: $7.2 billion.

  • Cash Dividends: $2.8 billion.

  • Share Purchases: $4.3 billion.

Client and Brand Achievements:

• 300 Diamond clients (largest client relationships), a 33-client increase from last year.

• Ranked No. 22 on BrandZ’s Top 100 Most Valuable Global Brands list with a brand value of $73.6 billion.

Financial and Business Performance:

• 2023 revenue: $64 billion, an 8% increase in local currency.

• Adjusted EPS growth: 9%.

• Capital deployed for acquisitions: $2.5 billion across 25 acquisitions.

• Investment in R&D, assets, and platforms: $1.3 billion.

• Investment in employee learning and development: $1.1 billion.

Sustainability and Social Impact:

• Commitment to net zero by 2025.

• Significant demand in cloud migration, ERP modernization, and data and AI, especially generative AI.

• Current estimates: 40% workloads in the cloud, ⅓ clients with modern ERP, less than 10% with mature data and AI capabilities.

• Top scorer on Bloomberg Gender-Equality Index for the second consecutive year.

• No. 1 on Refinitiv Global Diversity & Inclusion Index four times in six years.

• Approximately 40 million training hours for employees in 2023.

• Winner of the Brandon Hall Gold Award for best benefits, wellness, and well-being programs.

• Nearly 100% e-waste recycled in fiscal 2023.

• Eliminated single-use plastics in office locations.

Community Engagement:

• On World Refugee Day in June 2023, partnered with organizations to support 16,000 refugee job seekers and migrants, and committed to hiring 100 refugees in Europe over the next three years.

Employee Development:

• Promoted 123,000 people in 2023.

• Investment in employee learning and development: $1.1 billion.

AI and Future Trends:

• AI is a major trend, reinventing businesses, industries, and work.

• Accenture has over 15 years of AI experience.

• Investing $3 billion in Data & AI practices over the next three years.

• Plan to double AI talent to 80,000 people and invest in assets, industry solutions, ventures, and acquisitions.

• Appointed a Chief AI Officer, launched a global generative AI center of excellence, and created comprehensive AI training for all employees.

• Ecosystem partnerships, talent, and responsible AI are key to success in generative AI.

• Early in generative AI maturity, Accenture’s depth and experience are crucial for guiding clients.

• Trained approximately 600,000 employees in AI fundamentals.

• Further training for 250,000 employees to use new AI tools equitably, sustainably, and without bias.