This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Accenture Opens Bangalore Lab

Accenture (ACN - Get Report) opened its first research and development lab in Bangalore, India, on Monday, adding to similar centers in the U.S. and France.

Shares of the consulting and technology services firm rose 0.4%, adding 12 cents to $28.12 in recent trading.

Accenture Technology Labs-India will concentrate on research and development in systems integration and software engineering.

Areas of research include service-oriented and distributed software architectures, automated quality management for software development, testing theory and practice for software and systems and large-scale distributed workforce management techniques, among others.

"The competitive strength of Accenture's operation in India is central to our success as a global company," Don Rippert, Accenture's chief technology officer, said in a statement. "In Bangalore, Accenture's research team will be able to interact directly with the delivery teams responsible for some of the organization's largest and most complex systems integration projects."

The company said it plans to hire more than 100 research and development professionals at the new facility. Accenture's global delivery network staff in India totals 17,500 employees.

Accenture also has research labs in Chicago, Palo Alto, Calif., and Sophia Antipolis, France.

Over the past several months, the company has been expanding its presence offshore. Just last week, the company opened a business process outsourcing center for finance and accounting, human resources and procurement services in Bucharest, Romania. The facility will employ up to 1,000 people.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ACN $95.85 0.00%
AAPL $113.29 0.00%
FB $91.01 0.00%
GOOG $630.38 0.00%
TSLA $248.48 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs