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Accenture to hire 45,000 with bright outlook for 2010

Accenture is planning to hire 45,000 people after reporting a "strong" first quarter of the 2010 fiscal year and a brighter outlook.

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Accenture is planning to hire 45,000 people after reporting a "strong" first quarter of the 2010 fiscal year and a brighter outlook.

The company said it is "building momentum" in key areas of the business and the outlook for 2010 is bright, despite a 7% fall in profit.

But there were some less optimistic areas for the consulting and technology services company. Outsourcing revenue fell 4% to $2.25bn, and the company said in its results statement there are risks and uncertainties. The report said, "The consulting, systems integration and technology and outsourcing markets are highly competitive and we might not be able to compete effectively."

The communications and high-tech group saw revenues of $1.2m, a slight fall compared with the $1.4m figure for the first quarter of 2009.

CEO William Green said, "We are seeing building momentum in key areas of our business. Consulting bookings of $3.5bn, growing pipelines and broadly heightened levels of activity are encouraging signs. We have mobilised to capture this opportunity. The demand for high performance from our clients is accelerating."

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