The global professional services firm Accenture is a Fortune 500 company with 435,000 people serving clients in over 120 countries. Established in 1989, the company operates through four segments: Digital, Consulting, Technology, and Private; Financial Services; and Growth Markets. The other question that may pop into your mind is – who are the competitors of Accenture?
#1. IBM
- Founded: 1911
- Headquarters: New York, United States
- Website: https://www.ibm.com/ca-en
Need To Know
IBM is a major global corporation with headquarters in New York. It was founded in 1911. IBM has operations in about 170 countries across the world. Manufacturing and marketing computer software, hardware, and middleware are among IBM’s primary businesses. It also offers consultancy services for a variety of technologies, including mainframes and nanotechnology.
Analytics, Blockchain, Cloud and Industry solutions, Internet of Things, Mobile, Security, Watson, and Mobile are just a few of IBM’s offerings. IBM is also focused on research, with a long history of holding several US patents. Around 380,000 IBM workers work in a variety of technologies all around the world.
It is one of the top Accenture rivals because of its technological advancements and customer service.
Accenture is a platinum-level business partner and a rival in several industries to IBM, which operates in a highly competitive market. Both international organizations are high-profile, service-based B2B enterprises that dominate and compete in the information technology service sector.
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#2. McKinsey and Company
- Founded: 1926
- Headquarters: New York, United States
- Website: https://www.mckinsey.com/
Need To Know
McKinsey & Company is a private management consulting business specializing on strategic, organizational, operational, and technical challenges. Its clients are predominantly in the commodities, natural resources, media, and technology industries. While the organization does not name its clients, it claims to work with around 90 of the top 100 worldwide corporations and more than 80 of the top 100 U.S.-based corporations.
In the fiscal year 2018, the corporation reported revenues of more than ten billion dollars and employed over twenty-seven thousand people. It has one hundred and twenty-seven offices in different regions of the world.
Accenture’s biggest rival in the management consulting sector, McKinsey & Company, has focused on technological, operational, organizational, and strategic concerns. It provides management consulting and strategy services, such as developing a plan for salesforce reorganization, assistance on acquisitions, downsizing, and developing new company strategies.
Expert consultants help the organization establish, implement, and evaluate management choices.
McKinsey & Company is a well-known brand with a lot of exposure in the business. It is said that it charges roughly 25% more for its products and services than competitors. Its typical project costs around a million dollars.
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#3. Capgemini
- Founded: 1967
- Headquarters: Paris
- Website: https://www.capgemini.com/ca-en/
Need To Know
Capgemini is a global leader in digital transformation, consulting, and technology services. It is a French professional services firm with headquarters in Paris. It provides IT services and is regarded as the world’s largest IT consulting and outsourcing firm. It employs over 200,000 people in 40 countries. Capgemini offers digital services, cloud services, technological solutions, business operations, and cyber security, and risk management, among other things.
It is at the forefront of innovation in order to suit the needs of its clients. Capgemini is expected to have created around 12.8 million Euro currencies in 2017. Capgemini is regarded as one of Accenture’s top rivals due to its value for technology and inventive staff.
Its digital skills are unrivaled, and it provides clients with exceptional services. The firm offers a decentralized and flexible operational strategy, as well as a diverse customer base, which allows it to compete successfully with global powerhouse Accenture.
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#4. Bain & Company
- Founded: 1973
- Headquarters: Boston, Massachusetts, United States
- Website: https://www.bain.com/
Need To Know
Bain & Company, another world-renowned business consulting firm, is located in Boston. Bain & Company provides consulting services to a variety of governmental, commercial, and non-profit organizations. Bain & Company works with top leaders to assist them in making outstanding decisions and transforming them into better versions of themselves.
Bain & Company has garnered a large number of clients and has remained at the top of the client list. CSR, glassdoor, and other organizations have given Bain & Company several accolades. Bain & Company is regarded as one of Accenture’s top rivals due to its service.
It is a direct rival of Accenture and provides services to government agencies, non-profits, private and public organizations, and technology firms. To beat the competition, get a larger market share, and produce faster, better, and longer-lasting results, the organization offers a thriving ecosystem and integrated expertise.
The majority of Bain & Company’s clients are Fortune 500 CEOs.
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#5. Boston Consulting Group
- Founded: 1963
- Headquarters: Boston, Massachusetts, United States
- Website: https://www.bcg.com/en-ca/
Need To Know
Boston Consultancy Group is based in the United States and is considered one of the management consulting businesses. The Boston Consultancy Group employs over 16,000 people and has offices in more than 90 locations across 50 countries. Boston Consultancy Group works with a variety of customers that are searching for a solution to any of their most difficult problems.
Many accolades and distinctions have been bestowed to Boston Consultancy Group. This organization has an innovative strategy to supply clients with one-of-a-kind solutions. Boston Consultancy Group is considered one of Accenture’s top rivals due to the high level of service they provide to its clients.
Boston Consulting Group, an Accenture rival, works with government agencies, non-profit groups, and small and medium-sized businesses. It is one of the Big Three management consultancies and has a significant presence in the sector.
Boston Consulting Group is regarded as a forerunner in business strategy, assisting businesses in gaining a competitive advantage in the marketplace. To improve functional expertise, it has effectively merged human and computer capabilities.
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#6. Tata Consultancy Services
- Founded: April 1, 1968
- Headquarters: Mumbai, India
- Website: https://www.tcs.com/
Need To Know
Tata Consultancy Services Limited, or TCS, is an Indian public business that was created in 1968 as a part of Tata Sons Ltd. The company’s headquarters are in Mumbai, Maharashtra, India.
The corporation now has a presence in 139 sites throughout 46 nations. It has two hundred and eighty-five offices and 137 delivery centers. It is a subsidiary of Tata Group, the parent firm.
TCS is the first Indian-based IT company to attain a market valuation of $100 billion. It reported 22.031 billion US dollars in sales and 448,464 workers for the fiscal year 2020.
For the year 2019, its net income and total assets were 4.5 billion US dollars and 16.6 billion USD, respectively.
They’ve used aggressive marketing strategies and built a strong consumer base. This has been the cornerstone of their success, and it is why they are today ranked among the industry’s best.