After winning several consulting deals from different
) has now won a deal from the National Health Services (NHS) of
the United Kingdom. The department has selected Accenture to
deploy a cloud-based Radiology Information System (RIS) for five
hospitals and 23 facilities under the NHS in Southwest
This new platform from Accenture helps the clinical
Radiologists store, access and exchange patient and diagnostic
information from any place across the globe, that too in a highly
secure infrastructure. It took only 10 weeks for the Accenture
team to implement the entire project.
The increasing demand for digital images and their storage has
led to a growing appreciation for a cloud-based system. The NHS
expects the implementation of Accenture's cloud-based solution
would take care of this. Apart from this, the easy sharing of
patient data among the clinicians across the region will be
crucial in urgent cases, such as strokes or major traumas.
To gain customers, Accenture is constantly offering better
technology. Previously, Accenture was not directly involved in
providing cloud-based solutions to radiologists or physicians.
This exposure will improve Accenture's experience and if
successful, will enable it to rope in such business contracts in
the future as well.
The company already has its presence in the developed markets,
but the emerging markets are the key growth areas for Accenture's
global delivery capabilities, which include countries such as
India, the Philippines, China and the Latin American countries.
Geographic diversification of revenues is a key step in lowering
risks from slower performance in the developed economies.
Apart from bringing new solutions for its clients, Accenture
has adopted an aggressive marketing strategy that includes both
online and offline channels. The company expects these measures
to strengthen its position across its served markets.
Although Accenture is moving ahead at a great speed, it has to
deal with competition from companies like
), a strained spending environment and a broad European exposure
which may temper growth to some extent.
Currently, Accenture has a Zacks Rank #3 (Hold). However, there
are stocks in the sector that are performing better. Investors
might consider the shares of
Information Services Group Inc.
), both carrying a Zacks Rank #1 (Strong Buy) and are worth
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