) is consistently winning deals. This time the company won a deal
from one of the leading brewery companies, Carlsberg, to
implement a SAP solution which will support six functional
businesses in Western Europe.
This system would be implemented to improve the efficiency and
customer service throughout the European Union. The company did
not disclose the financial terms of the contract which spans over
a period of three years.
The system will be implemented during fiscal year 2015, when
it will cover all key markets across Carlsberg's European
operations. This solution will replace a series of separate
systems which now operate in the region. The new system is
expected to benefit the sales, finance, production, logistics and
the sourcing department of Carlsberg.
Apart from this, the company has secured another contract from
the Network Rail Infrastructure Limited (Network Rail). The
company is in the process of building new infrastructure
technology to manage Network Rail's passenger strength
effectively over the next 30 years. The four-year framework
agreement includes activities such as identification, building,
designing and integration of the IT solution support to
facilitate the entire railway operation.
Accenture has a dedicated team that focuses on securing deals
at regular intervals. So, the company's deal flow spans across
various sectors. This business model provides the necessary
support to the company's revenue stream.
In spite of the regular deal wins, competition continues to
increase at a steady pace. Accenture continues to face
competition from companies like
). Additionally, a strained spending environment as well as a
broad European exposure may temper growth to some extent.
Currently, Accenture has a Zacks Rank #2 (Buy).
Investors may also consider the shares of
Information Services Group Inc.
), both carrying a Zacks Rank #1 (Strong Buy).
ACCENTURE PLC (ACN): Free Stock Analysis
INTL BUS MACH (IBM): Free Stock Analysis
INFORMATION SVC (III): Free Stock Analysis
SANDISK CORP (SNDK): Free Stock Analysis
To read this article on Zacks.com click here.