Accenture Q4 revenue rises 7% on higher AI demand, above estimates

Akcenture announced its fourth-quarter revenue. The revenue surpassed Wall Street estimates. This was driven by strong demand for AI consulting. Enterprise clients are scaling up AI projects. They are digitizing operations and focusing on data security. The company's new bookings reached 21.3 billion dollars. The fourth-quarter revenue was 17.6 billion dollars. This exceeded the estimated 17.36 billion dollars.