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Accenture Cloud First Initiative: Annette Rippert On Making Cloud The Center Of Business

‘[Accenture Cloud First is] thinking about cloud from the corporate strategy standpoint, creating shareholder value, understanding the economic models that allow us to create new value and invest that back in the business,’ says Annette Rippert, Accenture’s group chief executive for strategy and consulting.

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In addition to acquisitions, what are some other areas that Accenture is looking at in terms of where that $3-billion investment will be going?

We‘re investing in industry solutions. You would expect that as we innovate at this intersection of business and industry, that is an area that we’ve spent a great deal of time on. And that is something you may be familiar with with some of our announcements in this space. We have a product, for example, in the life sciences space called Intient that we’ve talked about quite a bit in the market. And our industry platforms are essential to the way that we believe cloud must be differentiated because to move from that 20 percent to 80 percent requires specificity around industry solutions. And that’s really where we think we can be a unique driver of growth in this.

Now that the Accenture Cloud First initiative, its $3 billion investment, and the appointment of Karthik Narain (pictured) to lead it have been announced, what comes next starting Oct.1 when the initiative starts?

Certainly there are a number of larger deals in the pipeline, both from an acquisition standpoint and from working together with our clients. So I would expect that those would be the two most important areas that you will see movement from us within the market.

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