Infosys, Wipro ADRS NYSE after a fall of more than 3% on 3%, Accenture Hike for full year’s revenue guidance up to 5-7% on AI Boom

Infosys, Wipro ADRS NYSE after a fall of more than 3% on 3%, Accenture Hike for full year’s revenue guidance up to 5-7% on AI Boom


Accenture on Thursday picked up the lower end of its annual revenue forecast, betting on the increasing demand for their services to help customers integrate AI-managed equipment in their operations.

Cloud migration, digital transformation led by Artificial Intelligence and strong demand for large -scale projects in data security has helped companies such as companies.

The Accenture has secured many large projects and participated with banks, telecom firms and sports firms along with others.

The company now expects to increase annual revenue between 5% and 7%, compared to the earlier forecast of 4% to 7%. Analysts expected a revenue growth of 5.7%

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