Accenture plc (ACN - Free Report) on Tuesday announced that it has developed an analytics-based platform aimed at reducing the unemployment cycle created by the COVID-19 pandemic.
Known as People + Work Connect, it is a business-to-business global and cross-industry platform that pools non-confidential and aggregated workforce information by categories like location and experience. Companies on the platform are able to share skills and experiences of their laid-off or furloughed workforce with those that are looking for employees. Its usage is free of cost.
While Accenture built the platform, chief human resources officers (CHRO) from Accenture, Verizon (VZ - Free Report) , ServiceNow and Lincoln Financial Group have designed it. The list of participating companies includes big names such as Walmart (WMT - Free Report) , Marriott (MAR - Free Report) and Cargill. Going forward, the platform is expected to add public sector jobs and join 250 companies.
"By providing real-time visibility into which companies need people and where, People + Work Connect is designed to lessen the economic and societal impacts of the virus and help us work together to make a difference in the lives of hundreds of thousands of people," said Ellyn Shook, Accenture’s chief leadership and human resources officer.
Notably, Accenture’s shares have depreciated 5.4% over the past year compared with the 4.7% decline of the industry it belongs to.
Accenture currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Accenture plc (ACN - Free Report) on Tuesday announced that it has developed an analytics-based platform aimed at reducing the unemployment cycle created by the COVID-19 pandemic.
Known as People + Work Connect, it is a business-to-business global and cross-industry platform that pools non-confidential and aggregated workforce information by categories like location and experience. Companies on the platform are able to share skills and experiences of their laid-off or furloughed workforce with those that are looking for employees. Its usage is free of cost.
While Accenture built the platform, chief human resources officers (CHRO) from Accenture, Verizon (VZ - Free Report) , ServiceNow and Lincoln Financial Group have designed it. The list of participating companies includes big names such as Walmart (WMT - Free Report) , Marriott (MAR - Free Report) and Cargill. Going forward, the platform is expected to add public sector jobs and join 250 companies.
"By providing real-time visibility into which companies need people and where, People + Work Connect is designed to lessen the economic and societal impacts of the virus and help us work together to make a difference in the lives of hundreds of thousands of people," said Ellyn Shook, Accenture’s chief leadership and human resources officer.
Notably, Accenture’s shares have depreciated 5.4% over the past year compared with the 4.7% decline of the industry it belongs to.
Accenture currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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