After winning a deal from the Brazilian communication service
) has now entered into a three-year agreement with the Airedale NHS
Accenture will provide the IT infrastructure that will make 1.1
million patient records available to Airedale clinicians. The easy
accessibility of data will increase the efficiency of Airedale's
healthcare system, thereby improving patient care.
In the process, Accenture will be deploying TPP's SystmOne
solution, which targets the entire hospital system, including the
administration system, out-patient care, emergency care management,
bed management, e-prescriptions and e-discharge. Each of these
systems is available as a module, facilitating its deployment.
Accenture has stated that all except the last two modules will be
set up immediately, with the last two scheduled for 2013.
It is encouraging to note Accenture's progress in the healthcare
segment, since U.S. health reforms are pushing many healthcare
providers toward the electronic health records (EHR) segment. This
is likely to be positive driver for the segment in the near to
medium term and Accenture, along with other technology companies
Hewlett Packard Company
) is likely to benefit.
Apart from the consulting business, Accenture witnessed strength
in its Outsourcing domain during the third quarter of 2012, which
resulted in the seventh consecutive quarter of double-digit growth.
Moreover, the company is also seeing an expansion in the European
market as outsourcing deals increased in the region. Outsourcing
business is gradually improving, which is expected to continue in
the near future.
Accenture has been instrumental in providing technological
services not only for companies in the field of telecommunication
and supply-chain management, but also for companies coming from a
completely different industry like drug manufacturing and
We are encouraged by the steady flow of new businesses and
believe that the trend will continue. However, increasing
) and a cautious spending environment may curb its growth prospects
to some extent. This apart, low business growth in Europe is also
acting as a dampener.
The company has a Zacks #3 Rank, implying a short-term
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