Accenture’s local results, detailed in filings to the corporate regulator, also revealed the firm spent $16 million buying marketing advisory firm The Lumery in March 2024 and $9 million on retail consultancy Logic Information Systems that April.
The local operation is a small but strategic part of New York-listed Accenture, which posted $US70 billion ($104 billion) in revenue in the past financial year.
Its shares are trading at almost $US290 each, down from a one-year peak of almost $US400 last February.
Accenture’s local market unit lead, Peter Burns, said that in Australia, the firm was on track to post double-digit percentage revenue growth this financial year, and was likely to increase staff numbers as major clients sought help to adopt AI-driven technology.
“We’ve experienced close to 20 per cent revenue growth in the back half of FY25, which we’ve carried into this year,” said Burns.
“So we’re running over 20 per cent revenue growth in our [first-quarter] results ... I would say that the pick-up or the acceleration in the market has been largely in the service sectors; so across the telcos, the banks, insurance companies, and ... the government.”
Burns said clients in those sectors were “more ready to start adopting some of the newer capabilities and technologies, whether that’s agentic [AI] or otherwise”.
Also helping Accenture was the fact clients were more willing to buy multiple services from the firm.
‘Larger, more integrated’ projects
In the year to August 31, the Accenture signed many more deals that involved more than one of Accenture’s five core services: strategy, consulting, creative, technology and operations.
The size of the projects was also increasing, with a larger percentage of projects worth more than “$50 or $100 million”, said Burns.
One driver of these “larger, more integrated-style engagement” was the advent of agentic AI, which could carry out complex tasks with little human supervision,
Most clients were “starting to reimagine, or rethink, how do they construct those end-to-end value streams, the nature of the work, the workforce, and the tooling that you need to give to workers in those environments”, said Burns.
It also has a $700 million deal with Telstra to roll out AIacross its business, including training for the telco’s staff “to uplift the workforce’s knowledge and proficiency” in the technology. Burns said many clients wanted Accenture to help transform and digitise their function, but then wanted to take back control of the re-tooled operation.
These clients were “looking for an injection of capability, but don’t necessarily want to outsource or relinquish control”.
The local filings do not include about $100 million in local revenue generated by Partners in Performance, a firm bought by Accenture in 2024.
The firm paid about $375 million for Partners in Performance, a deal not disclosed in the local filings because it was completed at the global level.
The firm’s filings do include the details of acquisitions made by the local firm. Along with The Lumery and Logic Information Systems, Accenture Australia paid $106 million for customer advisory firm Fiftyfive5 and $9 million for mining and energy consultancy ATI Solutions Group in 2022-23. 
