Accenture Said To Be Opening Lower-Priced India Subsidiary - InformationWeek
IoT
IoT
IT Leadership // CIO Insights & Innovation
Commentary
5/13/2009
08:46 PM
Bob Evans
Bob Evans
Commentary
50%
50%
RELATED EVENTS
Faster, More Effective Response With Threat Intelligence & Orchestration Playboo
Aug 31, 2017
Finding ways to increase speed, accuracy, and efficiency when responding to threats should be the ...Read More>>

Accenture Said To Be Opening Lower-Priced India Subsidiary

Long known as a high-end provider of business and technology consulting and services, Accenture is reportedly about to open a new subsidiary in India under a separate name with rates well below the premium-level pricing Accenture has traditionally charged, according to the Economic Times of India.

Long known as a high-end provider of business and technology consulting and services, Accenture is reportedly about to open a new subsidiary in India under a separate name with rates well below the premium-level pricing Accenture has traditionally charged, according to the Economic Times of India.Saying "the move underlines the growing reality in the IT services market, where newer contracts are coming at lower price-points thanks to the continuing slowdown," the report in the Economic Times said the new unit will bill at rates about 10% below the $27 or $28 hourly rate Accenture charges its clients.

Accenture declined to respond to requests for comment, the article said.

The reported move would mark another in a series of moves large IT vendors are making as they attempt to balance the financial realities among their core clients with their own need to sustain profit margins during the downturn. Recently, SAP and Oracle have announced some limited but unprecedented accommodations to their traditionally non-negotiable 22% maintenance fees, and most major technology companies are expanding the financing options they're willing to offer cash-strapped customers.

Those moves follow some pricing adjustments made earlier this year by the major Indian outsourcing companies, as Tata, Infosys, Wipro and HCL were all planning to lower rates by up to 20%.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll