Accenture has announced the formation of Accenture Cloud First with a $3 billion investment over three years to help clients across all industries rapidly become “cloud first” businesses and accelerate their digital transformation to realize greater value at speed and scale.
Karthik Narain will lead Accenture Cloud First and join the Global Management Committee, effective October 1.
Accenture Cloud First is a new multi-service group of 70,000 cloud professionals that brings together the full power and breadth of Accenture’s industry and technology capabilities, ecosystem partnerships, and deep commitment to learning and upskilling clients’ employees and to responsible business, with the singular focus of enabling organizations to move to the cloud with greater speed and achieve greater value for all their stakeholders at this critical time.
This new group integrates the company’s cloud expertise, deep industry and cross-industry insights, data and Applied Intelligence capabilities;
Accenture Cloud First will be led by Karthik Narain who will join the Global Management Committee, effective October 1. A technology industry veteran based in Silicon Valley, Narain most recently served as the lead for Accenture Technology in North America.
“COVID-19 has created a new inflection point that requires every company to dramatically accelerate the move to the cloud as a foundation for digital transformation to build the resilience, new experiences and products, trust, speed and structural cost reduction that the ongoing health, economic and societal crisis demands — and that a better future for all requires,” said Julie Sweet, chief executive officer, Accenture.
“Accenture Cloud First and our substantial investment demonstrate our commitment to delivering greater value to our clients when they need it most. Digital transformation requires cloud at scale, and post-COVID leadership requires that every business become a ‘cloud first’ business.”