Business · India Bureau
Accenture charts modest growth path, banking on AI services expansion
Global consulting firm Accenture has outlined a measured revenue growth strategy for the next two years, targeting mid-single-digit increases as it leverages artificial intelligence services to counter broader market headwinds. The company expects acceleration in growth from fiscal 2029 onwards.
LSN India ·
Accenture has set conservative growth expectations for the coming fiscal years, aiming for mid-single-digit revenue expansion in constant currency terms through FY27 and FY28, signaling cautious optimism amid ongoing economic uncertainties affecting the consulting sector. The Dublin-headquartered firm is banking on its expanding artificial intelligence capabilities to stabilize revenues during this period of modest expansion.
The growth projection reflects broader challenges facing India-centric IT and consulting services firms, which continue to grapple with fluctuating client spending and currency headwinds. However, Accenture's strategy positions AI-driven service offerings as a potential growth accelerant, helping to offset revenue pressures from traditional consulting and technology services.
Looking further ahead, Accenture has signaled expectations for faster revenue growth beginning in FY29, suggesting the company anticipates a normalization of market conditions and increased enterprise investment in AI solutions. This two-phase approach underscores management confidence that artificial intelligence adoption will eventually drive stronger business momentum across its portfolio.
The guidance places Accenture among global technology and consulting firms recalibrating growth targets in response to shifting client priorities and economic uncertainty, while simultaneously positioning AI capabilities as central to their long-term expansion strategies.