Accenture is one of the world's largest professional services firms, helping large enterprises modernize their operations through technology — primarily cloud, AI, data, and cybersecurity. Accenture's work takes two forms: consulting (strategy, architecture, and transformation) and managed services (running ongoing IT, finance, HR, supply chain, and other functions on behalf of clients). Each represents roughly half of revenues. Clients are primarily large global enterprises, with three-quarters of the Fortune Global 500 served, over 9,000 clients in total, and 195 of its top 200 clients retained for 10+ years. Accenture reports through three geographic segments — Americas (~45% of revenue), EMEA (~33%), and Asia Pacific (~22%) — and goes to market through five industry verticals. Accenture's cost base is primarily labor across a workforce of ~779,000 people, with the majority based in lower-cost geographies like India and the Philippines. Revenue scales with workforce utilization, deal volume, and contract size. Accenture has deliberately shifted toward larger, longer-term deals, with a record 129 quarterly bookings above $100M in FY25. Acquisitions are a core part of the model, targeting ~2% inorganic revenue contribution annually. Accenture's central strategic bet is generative and agentic AI, generating $2.7B in advanced AI revenue in FY25, up 3x from FY24, backed by ~77,000 dedicated AI and data practitioners and proprietary delivery platforms.