Sector 6 | The Newsletter of AIM

Sector 6 | The Newsletter of AIM

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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
The Unrivalled Leader in GenAI
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The Unrivalled Leader in GenAI

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Analytics India Magazine
Mar 25, 2024
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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
The Unrivalled Leader in GenAI
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Accenture has once again set a remarkable benchmark. In the second quarter of fiscal year 2024, the global professional services company recorded $1.1 billion in generative AI sales, surpassing all VC-backed startups combined in revenue, showcasing confidence like no other.

Accenture’s early triumphs in GenAI contrast starkly with leading domestic technology service providers like TCS, Infosys, Wipro, and HCL Technologies. These companies, showing low confidence in the technology, have not shared their earnings specifically pertaining to GenAI, which is seen as a significant risk within the outsourcing industry.

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