Accenture’s quarterly revenue and profits were better than what had been forecast as its investments to boost digital and cloud services paid off. The company said its revenue rose 7.6% to USD8.49bn, above the estimated USD8.43bn, while its net income rose to USD1.13bn from USD788.13m a year earlier in the fourth quarter, ended 31 August. Accenture’s Chief Executive Pierre Nanterme said the company will continue to invest in high-growth areas, with a particular focus on digital, cloud and security services, which it refers to as ‘The New’. In fiscal year 2016, the company invested more than USD930m in acquisitions, 70% of which were in ‘The New’.
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