Accenture today announced that the company will invest $100 million over the next three years to accelerate the growth of its information management services. The global practice will marshal the skills and capabilities of more than 5,000 Accenture consultants around the world who specialize in information management services, including business intelligence and content management.Information management is the set of processes by which companies can manage both structured data and unstructured content.
According to industry analyst estimates, the market for the full array of these types of services is growing at approximately 9 percent annually and is estimated to exceed $27 billion by 2007.
The information management services team will weave enhanced capabilities into a comprehensive array of offerings designed to help clients harness, view, manage, analyze and store data, text and other information to improve decision making, financial and operational management and customer service. These offerings will be one of the cornerstones of Accenture's services designed to help companies become high-performance businesses.
"This investment will enable Accenture to extend its existing information management capabilities to provide a broader set of services and deliver business value that is superior to that provided by competitive offerings," said Karl-Heinz Floether, Accenture's Group Chief Executive, Technology and Delivery. "We are committed to being the undisputed leader in this market space."