Accenture plc (ACN - Free Report) in partnership with the University of São Paulo (“USP”) School of Medicine is developing a solution on SAP Cloud Platform to help in the treatment of patients with amputations.
The duo is working on an Internet of Things (IoT) based gamification platform, which uses virtual reality (VR) technology and biomechanical, 3D-printable prosthetics to help patients complete their physical therapy.
In a year’s time, shares of Accenture have gained 29.9%, significantly outperforming the Zacks S&P 500 Composite’s 15.9% rally.
Accenture PLC Price
Healthcare Solution to Help Overcome Phantom Limb
The solution is in the form of a biomechanical prosthetic fitted with a VR gamebuilt on SAP Cloud Platform using SAP Leonardo capabilities. It helps patients exercise their muscles and overcome phantom limb pain.
It also supports accurate diagnosis of phantom limb pain and creates personalized therapy plans with enhanced detecting, measuring and analyzing of electrical signals in patients’ muscles.
The initiative is currently under test in at the Hospital das Clinicas in São Paulo, Brazil. Accenture plans to make the application available on multiple platforms.
Per Daniel Gonzalez, managing director and Accenture Liquid Studio Lead for Accenture Brazil, “We developed this application with input from healthcare professionals and patients to help drive social change and transformation by tackling challenges in new ways.”
According to Candida Luzo, head of Occupational Therapy at Hospital das Clinicas, “Accenture has demonstrated a viable, low-cost option to assist in the rehabilitation of patients with amputations. This will be an invaluable tool in our physical and occupational therapy programs.”
Zacks Rank & Stocks to Consider
Currently, Accenture carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Business Services sector include Broadridge Financial Solutions (BR - Free Report) , Paychex (PAYX - Free Report) and Convergys , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The long-term expected earnings per share growth rate for Broadridge Financial Solutions, Paychex and Convergys is 10%, 8.2% and 7.5%, respectively.
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