<ul><li>Accenture reported a revenue decline for Q2, impacted by US government contract uncertainty.</li><li>Indian IT firms are gearing up to release their financials, with concerns over maintaining growth.</li><li>The review of federal contracts by the US administration adds challenges for Accenture.</li><li>Analysts differ on the impact of US policy changes on Indian IT, suggesting initial challenges.</li><li>Accenture allocates $3 billion for acquisitions amid the revenue slowdown.</li><li>Forecasted revenue for the next quarter by Accenture is between $16.9 billion and $17.5 billion.</li><li>Accenture acknowledges trust in generative AI, showcasing growth in cloud, security, and creative divisions.</li><li>Impact of US government changes on Indian IT remains uncertain, with the industry projected to grow by 6%.</li><li>Indian IT companies are urged to demonstrate tangible AI-driven revenue amidst slower growth expectations.</li><li>Despite challenges, Accenture's revenue from generative AI projects continues to show growth and sets a benchmark.</li></ul>

Accenture Sparks ‘Anxiety’ for Indian IT, But its Impact May Be Short-Lived

Discover more