We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Accenture to Use InCountry's Solution in Its Cloud Platform
Read MoreHide Full Article
Accenture plc (ACN - Free Report) recently announced that it has made a strategic investment in InCountry. The financial terms of the deal made through Accenture Ventures, the company’s corporate venture-capital arm, have been kept under wraps.
InCountry is a San Francisco, CA-based provider of data residency-as-a-service platform and consultancy. Its solutions help software-as-a-service companies make sure that their company and customer data is used in compliance with local regulations.
Accenture plans to use InCountry’s solution within its myNav cloud platform, as part of its sovereign cloud module. The company is now one of InCountry’s key channel partners.
Tom Lounibos, managing director, Accenture Ventures, said, “InCountry’s solution sits at the intersection of the cloud, security and compliance priorities of our clients and can have a significant impact on how they operate in the cloud.”
The deal is a part of Accenture’s continuous efforts to invest in emerging technologies capable of creating value for the company’s clients across the world.
Notably, shares of Accenture have gained 13.4% year to date compared with 14.1% rally of the industry it belongs to and 6.8% growth of the Zacks S&P 500 composite.
Zacks Rank and Other Picks
Accenture currently carries a Zacks Rank #3 (Hold).
Long-term earnings (three to five years) growth rate for BG Staffing, CoreLogic and Sykes Enterprise is estimated at 20%, 12% and 8%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Image: Bigstock
Accenture to Use InCountry's Solution in Its Cloud Platform
Accenture plc (ACN - Free Report) recently announced that it has made a strategic investment in InCountry. The financial terms of the deal made through Accenture Ventures, the company’s corporate venture-capital arm, have been kept under wraps.
InCountry is a San Francisco, CA-based provider of data residency-as-a-service platform and consultancy. Its solutions help software-as-a-service companies make sure that their company and customer data is used in compliance with local regulations.
Accenture plans to use InCountry’s solution within its myNav cloud platform, as part of its sovereign cloud module. The company is now one of InCountry’s key channel partners.
Tom Lounibos, managing director, Accenture Ventures, said, “InCountry’s solution sits at the intersection of the cloud, security and compliance priorities of our clients and can have a significant impact on how they operate in the cloud.”
The deal is a part of Accenture’s continuous efforts to invest in emerging technologies capable of creating value for the company’s clients across the world.
Notably, shares of Accenture have gained 13.4% year to date compared with 14.1% rally of the industry it belongs to and 6.8% growth of the Zacks S&P 500 composite.
Zacks Rank and Other Picks
Accenture currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Business Services sector are BG Staffing (BGSF - Free Report) , CoreLogic and Sykes Enterprises , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings (three to five years) growth rate for BG Staffing, CoreLogic and Sykes Enterprise is estimated at 20%, 12% and 8%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>