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 (ACN) Announces AI Collaboration With Unilever
Read MoreHide Full Article
Accenture plc (ACN - Free Report) shares have gained 17.7% in the past year, outperforming the 16.2% growth of the Zacks S&P 500 composite.
The company announced yesterday that it is partnering with fast-moving consumer goods giant Unilever to leverage next-generation AI. The financial terms of this agreement are kept under wraps.
Unilever is currently one of the world’s largest suppliers of personal care, home care, beauty & wellbeing, and nutrition products, with its business expanded across 190 countries.
Collaboration to Explore New Applications of Generative AI
The partnership aims at integrating Accenture’s expertise and ecosystem of partnerships with Unilever’s disruptive innovation to enhance and expand generative AI across Unilever’s business. Accenture will link Unilever to its top data and AI experts.
Initial work will commence from Unilever’s global AI Lab "Horizon3 Labs," recently opened in Toronto, the city that houses one of Accenture’s six Gen AI studios in North America.
The collaboration is a part of Accenture’s growth strategy that focuses on delivering 360° value to its stakeholders, mainly through the use of technology. The company focuses on long-term growth through building a digital core with the help of cloud, data and AI, technology evolution and investment in talent.
Zacks Rank & Stocks to Consider
Accenture currently carries a Zacks Rank #4 (Sell).
Investors interested in the Zacks Business Services sector can consider the following stocks:
ROL has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and matching once, the average surprise being 7.2%.
FTI Consulting (FCN - Free Report) also carries a Zacks Rank of 2. The consensus mark for fourth-quarter 2023 earnings is pegged at $1.57 per share, indicating 3.3% year-over-year growth.
FCN has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and missing once, the average surprise being 8.5%.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Accenture (ACN) Announces AI Collaboration With Unilever
Accenture plc (ACN - Free Report) shares have gained 17.7% in the past year, outperforming the 16.2% growth of the Zacks S&P 500 composite.
The company announced yesterday that it is partnering with fast-moving consumer goods giant Unilever to leverage next-generation AI. The financial terms of this agreement are kept under wraps.
Unilever is currently one of the world’s largest suppliers of personal care, home care, beauty & wellbeing, and nutrition products, with its business expanded across 190 countries.
Accenture PLC Price
Accenture PLC price | Accenture PLC Quote
Collaboration to Explore New Applications of Generative AI
The partnership aims at integrating Accenture’s expertise and ecosystem of partnerships with Unilever’s disruptive innovation to enhance and expand generative AI across Unilever’s business. Accenture will link Unilever to its top data and AI experts.
Initial work will commence from Unilever’s global AI Lab "Horizon3 Labs," recently opened in Toronto, the city that houses one of Accenture’s six Gen AI studios in North America.
The collaboration is a part of Accenture’s growth strategy that focuses on delivering 360° value to its stakeholders, mainly through the use of technology. The company focuses on long-term growth through building a digital core with the help of cloud, data and AI, technology evolution and investment in talent.
Zacks Rank & Stocks to Consider
Accenture currently carries a Zacks Rank #4 (Sell).
Investors interested in the Zacks Business Services sector can consider the following stocks:
Rollins (ROL - Free Report) currently carries a Zacks Rank #2 (Buy). For the fourth quarter of 2023, the Zacks Consensus Estimate for earnings is pegged at 20 cents per share, indicating year-over-year growth of 17.7%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ROL has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and matching once, the average surprise being 7.2%.
FTI Consulting (FCN - Free Report) also carries a Zacks Rank of 2. The consensus mark for fourth-quarter 2023 earnings is pegged at $1.57 per share, indicating 3.3% year-over-year growth.
FCN has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and missing once, the average surprise being 8.5%.