Money Where Its Mouth Is - InformationWeek

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Software // Information Management
Commentary
7/20/2005
06:36 PM
Ted Kemp
Ted Kemp
Commentary
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Money Where Its Mouth Is

Consulting firm Accenture sees the market for information management services swelling beyond $27 billion by 2007, and it's slapping down big money for a piece of the action.

As the saying goes, knowledge is power. The maxim is as true for businesses as it is for people. Smart executives have begun to realize that all the information around them, all the content -- all that data -- hold the key to unlocking new operational and financial powers.

This week a consulting powerhouse says it's ramping up its ability to work with businesses that want to tap those powers. Accenture plans to spend $100 million over the next three years to propel its new Information Management Services line. The firm hopes to provide worthwhile decision-making improvements to companies grappling with the data that helps run, and is generated by, their business. Read the Business Intelligence Pipeline story here.

"Our clients are grappling with information overload," says Royce Bell, the newly appointed CEO of Accenture Management Services. The firm believes companies have to make use of all the data and content at their disposal in order to make smart financial and operational decisions. In seeking to provide that, Accenture delivers yet another major signal of how critical business intelligence and data management have become in today's marketplace.

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