Accenture is Giving Consulting A New Name: ‘Reinvention Services’ – ryan

After more than 35 years in the business, accenture is giving consulting a new name: “Reinvention Services.”

The Global Consulting Firm Reported Its Earnings on Friday, Highlighting a Generally Positive Performance for the Third Fiscal Quarter of 2025. The Firm Reported Revenue of $ 17.7 Billion, an 8% Increase From this time last year.

While New Bookings Were Down 6% Compared to the Third Quarter in 2024, Accenture Ceo Julie Sweet Told Cnbc on Friday that the firm was “Really pleassed” with its bookings and that demand for its revenue.

Sweet Said on the Earnings call that he is the firm’s firm bet for creating new demand and that to maximize it is potential, the firm is consolidating its strategy, consulting, song, technology, and operatings into a single unit known as “reinvention services,” steering

“What We’re Going to Do Now Is Make It Easier to Bring Those Solutions, Embed Date and AI, so we can really scale acroSs?

What Consultants will SOMESTEMES NEEDS TO BE explained, and “reinvention services” is no exception.

In bot Her Cnbc Interview and the Earnings Call on Friday, Sweet Shared Several Examples of the Company’s AI-Powered Reinvention Work, Which-Following Its Reorganization-The Firm Will Be To Execute More Efficiently, Said.

In One Example, She Said Accenture is Working With Italy Shipbuilding Company Fincantieri to Launch the First AI-Powered Ship in 2025.

Sweet Told Cnbc That the Ship Will Be ABLE to “Predict it Maintenance, Manage Its Energy use on Its Own, and Talk to the Dock” Before it Arrivals at Its Destination.

She Said Accenture’s Work to Modernize the Manufacturing Process for Bel, Maker of Laughing Cow Cheese, Wauled Also Fall Under This New Department, As Wauld Its Collaboration with Brazilian Mining Company Vale to Expedite Environmental Licensing and Permits.

She Also Said the Firm Is Creating Ai-Genrayed 3D Avatars of Physical Products for Coffee Brands Like Nescafé, Dolce Gusto, and Nespresso to Reduce the Time and Cost of Developing Marketing Campans, Whice Fall Fall Under the Reinvention Services.

Sweet Told Cnbc that he can be a “tool” to help companies navigate the futures, but to reap the benefits, it will also Need to be “Disruptive.”