Wednesday, February 23, 2011

Accenture will increase India market focus, says new MD

Dear Comrades,

Global technology outsourcing and consulting firm Accenture sees a big opportunity in India with the aspiration of local companies to go global at an all-time high.

Accenture India's new managing director Avinash Vashistha told TOI that clients globally had matured and their expectations too had changed. "They are looking for better insights and specific business outcomes of high value. Indian customers are no different and they too want to grow quickly and become global. This means a huge opportunity for us across multiple businesses," he said.

Accenture is already working with the government in several areas. The Unique Identification Authority of India ( UIDAI )) recently awarded a two-year contract to Accenture to implement a core biometric identification system. Under this, Accenture will build a new system to help manage identity-related de-duplication and verification requests from public/utility and private organizations/banks.

Also in progress is a 45-month IT modernization project for India Post. Accenture has a mandate to design a new enterprise architecture that is expected to help India Post drive greater revenue and regain market share in areas like bill payment, e-posts , life insurance, money transfer and banking.

Accenture's global delivery network (GDN) comprises over 120,000 people, of which 50% are in India working in 25 different centres, including a newly opened centre in Kolkata. The company has plans to increase its India headcount to 70,000 by August. The company has a global strength of 2,11,000.

Vashistha said his immediate priorities would include understanding Accenture's organizational structure, its people and customers . He will also meet and address Accenture employees in all seven cities. Delivering exemplary value to global clients from India' will be the theme of Vashistha's town hall addresses.
 
The Economic Times
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