A consultant is someone who borrows your watch to tell you the time, and then keeps it, so the joke goes. Demand for management and consulting services boomed during the pandemic as companies sought advice on how to revamp and adjust their businesses. Accenture is the latest to flag up the pressures on its industry.
A couple of companies that stand to benefit from artificial intelligence are still seeing their share prices fall.
Accenture's (ACN) improving segmental results helps its earnings and revenues for the fourth quarter to grow year over year.