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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Microsoft : and Accenture Collaborate to Help Entrepreneurs Amplify Social Impact; Companies aim to benefit a million people by democratizing access to impactful technology

03/04/2020 | 03:49am EST

GURGAON, India; - Microsoft Corp. (NASDAQ: MSFT) and Accenture (NYSE: ACN) are teaming to help deepen the reach of entrepreneurs and start-ups that are focused on social impact and sustainability. The joint initiative will provide hands-on support and technologies to social enterprises, helping them to build scalable solutions and business models that can lead to more tangible and lasting benefits for a greater number of people around the world.

Microsoft and Accenture's collaboration is part of their shared vision to amplify the societal impact of emerging technology with the long-term goal of reaching a million lives globally. Through the program, Microsoft Research India and Accenture Labs will help social enterprise startups test and validate proof-of-concepts; conduct design thinking sessions to help them re-envision the impact of their solutions; and provide support in exploring and using Microsoft technologies.

Jean-Philippe Courtois, executive vice president and president of Microsoft Global Sales, Marketing and Operations,

and Sanjay Podder, managing director at Accenture Labs and Accenture Tech4Good lead, discuss the new collaboration.

"Startups in the social impact and sustainability space are among the world's most inspiring organizations," said Jean-Philippe Courtois, executive vice president and president, Microsoft Global Sales, Marketing and Operations. "It's important that their passion for meaningful innovation and creating positive change is supported. Microsoft's collaboration with Accenture offers us an opportunity to empower these startups so they can use technology to make an even greater impact in addressing many of the world's most pressing challenges. By empowering them, our goal is to help change the lives of a million people."

With a particular focus on the areas of agriculture, education and healthcare, the program will initially engage with startups in Africa, the Middle East and South Asia, leveraging the MSR India Center for Societal impact through Cloud and Artificial Intelligence (SCAI).

Paul Daugherty, group chief executive - Technology and chief technology officer at Accenture, added, "Our experience shows that by applying emerging technologies to critical challenges facing society, we can accelerate social transformation. This collaboration is a great illustration of delivering on 'value' and 'values' - creating tangible business and social value while aligning with people's values. By providing social impact entrepreneurs with direct access to the combined power of Accenture and Microsoft's technology expertise, we can help significantly improve access, equality, inclusion, education, health, sustainability, and the environment."

Microsoft's involvement in this initiative is part of Microsoft's Global Social Entrepreneurship program designed to empower an ecosystem of tech-enabled startups globally, focused on addressing important social or environmental challenges. The Global Social Entrepreneurship program supports startups with access to breakthrough technology in Microsoft AI, cloud expertise, go-to-market services, grants (in sustainability, accessibility, and skills & employability) and access to customers that facilitate connections on local and global levels.

The involvement of Accenture Labs is part of its ongoing Tech4Good program, which is focused on applying emerging technologies in powerful ways to help solve complex social challenges.

About Microsoft India

Founded in 1975, Microsoft (Nasdaq "MSFT" @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more. Microsoft set up its India operations in 1990. Today, Microsoft entities in India have over 10,000 employees, engaged in sales and marketing, research, development and customer services and support, across 11 Indian cities - Ahmedabad, Bangalore, Chennai, New Delhi, Gurugram, Noida, Hyderabad, Kochi, Kolkata, Mumbai and Pune. Microsoft offers its global cloud services from local data centers to accelerate digital transformation across Indian start-ups, businesses, and government organizations.

About Accenture

Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries - powered by the world's largest network of Advanced Technology and Intelligent Operations centers. With 505,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.

# # #

Contacts:

Maitreyee Goswami

Microsoft

+91 858786 9828

maitreyee.goswami@microsoft.com

Subhashini Pattabhiraman

Accenture

p.subhashini@accenture.com

Hannah Unkefer

Accenture

+1 206 839 2172

hannah.m.unkefer@accenture.com

Copyright © 2020 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
ACCENTURE PLC 1.28% 252.27 Delayed Quote.18.29%
MICROSOFT CORPORATION 1.00% 216.21 Delayed Quote.36.48%
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Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 32,0x
Yield 2021 1,01%
Capitalization 1 635 B 1 635 B -
EV / Sales 2021 9,86x
EV / Sales 2022 8,81x
Nbr of Employees 163 000
Free-Float 99,9%
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