Accenture's Diversified Revenue Base Supports Its Wide Moat

Accenture is one of the largest IT services companies in the world, providing both consulting and outsourcing capabilities. We think that its growth will remain healthy thanks to the persistence of digital transformation trends along with a long-tailed artificial intelligence implementation trend. With the company's prominent reputation, which we believe to be crucial to the consulting business, and its proven ability to bring expertise to a gamut of enterprise issues, we are confident Accenture will maintain its wide economic moat and remain front and center of the IT services industry.