Accenture is primarily a PowerPoint consulting firm. Many companies around the world desperately need PowerPoints from external consultancies to help them plan out their innovation roadmaps, apparently. They pay a huge premium for expensive local consultants to create these PowerPoints, because Accenture uses big, bold colorful fonts in their presentations, and Accenture's clients simply don't have the necessary expertise to use these fonts.
Also, occasionally, there is some actual dev/implementation work that accompanies the PowerPoints. This work is carried out, poorly, by offshore resources who are certified in as many certifications as possible. Certifications are extremely important for them, because otherwise, when these resources are on the bench, they'd have nothing else to do.
Oh, also, Blockchain. And AI. These are important concepts for Accenture, and it's totally okay if clients pay millions of dollars for blockchain/AI solutions that massively disappoint, because innovation.
Source: worked at a subsidiary of ACN for a few years, interacted with the ACN folks quite a bit, and while my description above is obviously snarky/sarcastic, it surprisingly isn't really that far from the truth.
In summation, I have absolutely no idea why Accenture is worth $140B.
Also, occasionally, there is some actual dev/implementation work that accompanies the PowerPoints. This work is carried out, poorly, by offshore resources who are certified in as many certifications as possible. Certifications are extremely important for them, because otherwise, when these resources are on the bench, they'd have nothing else to do.
Oh, also, Blockchain. And AI. These are important concepts for Accenture, and it's totally okay if clients pay millions of dollars for blockchain/AI solutions that massively disappoint, because innovation.
Source: worked at a subsidiary of ACN for a few years, interacted with the ACN folks quite a bit, and while my description above is obviously snarky/sarcastic, it surprisingly isn't really that far from the truth.
In summation, I have absolutely no idea why Accenture is worth $140B.