Accenture's latest quarterly earnings have reignited concerns over whether artificial intelligence is beginning to reshape the global IT services industry. While the consulting giant delivered a solid financial performance, a sharp decline in new bookings and a reduction in guidance have raised fresh questions about the pace of enterprise technology spending.
According to market expert, Sandip Agarwal from Sowilo Investment Managers, the headline numbers were largely in line with expectations, but the drop in order inflows deserves close attention.