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Wednesday, May 13, 2009

Accenture sets up outfit for low-cost deals

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New unit will handle all low priced projects especially the ones that are below its benchmark pricing

 

Accenture, the third-largest IT services major globally, known for premium pricing of its IT services at the marketplace, has formed a separate unit to handle the low priced contracts that it has been securing.

 

The name of the unit is not known but the move underlines the growing reality in the IT services market, where newer contracts are coming at lower price points. IT majors such as Accenture are left with little choice but to bid for such projects, people familiar with the development said. Accenture's new unit will handle all the low priced projects especially the ones that are below its benchmark pricing. Accenture normally charges about $27-$28 per hour from its premium clients. The new contracts are believed to be about 10 percent cheaper.

 

Source: The Economic Times ( Delhi edition)

 

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