Accenture launches Cloud First group with 3 Billion Investment

Accenture formed a 'Cloud First' group with 3 Billion in investment in a span of three years. The group intends to accelerate the digital transformation of businesses by becoming 'cloud-first'.

Cloud computing demand and investment have suddenly surged due to the COVID-19 pandemic scenario worldwide. Businesses around the world started moving their workloads on the cloud at a rapid pace.

Chief Executive Officer, Accenture, Julie Sweet, said, "COVID-19 has created a new inflection point that requires every company to dramatically accelerate the move to the cloud as a foundation for digital transformation to build the resilience, new experiences and products, trust, speed and structural cost reduction that the ongoing health, economic and societal crisis demands — and that a better future for all requires.Accenture Cloud First and our substantial investment demonstrate our commitment to delivering greater value to our clients when they need it most. Digital transformation requires cloud at scale, and post-COVID leadership requires that every business become a ‘cloud first’ business."

Group Chief Executive, Accenture Technology, Paul Daugherty, said, "Cloud is the most disruptive and value-creating technology of our time — it is the foundation for the digital transformation that is driving profound changes in how businesses operate, compete and create value for all their stakeholders. With most businesses currently at only about 20% in the cloud, moving to 80% or more rapidly and cost effectively is a massive change that requires a bold new model. Accenture Cloud First, along with our $3 billion investment and our market-leading Software as a Service capabilities in Intelligent Platform Services, ensures that we provide our clients with value, speed and innovation in every part of their cloud journey."

The Cloud First group will have 70,000 cloud professionals. 

he group brings Accenture's deep experience in cloud change management, cloud-ready operating models, cloud AI data and AI architectures, tools, sustainability, and compliance together to help the company's clients, notes the announcement.