Bringing cheer to thousands of job seekers, global software giant Accenture said on Wednesday that would recruit nearly 100,000 people in its current financial year ending August 2016.
The company also plans to spend about $1 billion on acquisitions, as it focuses on new technologies to boost its revenues.
"Last year we hired roughly 100,000 people. Though the number isn't set for this year, we expect to hire roughly in the same range," The Economic Times quoted David Rowland, chief financial officer at Accenture, as saying.
The scale of hiring outlined by Accenture is far above the jobs offers planned by the Indian IT companies for the fiscal year ending March 2016. Tata Consultancy Services (TCS), the country's biggest IT firm, plans to hire about 65,000 people in FY16.
Besides, the estimated amount to be spent by Accenture on acquisitions is a massive figure compared to that of domestic IT majors. It spent nearly $850 million on acquisitions in FY15.
In January, India's second largest IT firm, Infosys, had increased the size of its start-up fund by five times to $500 million, but it still remains well short of Accenture's spend on acquisitions.
Further, Accenture said that it would put more focus on three 'new' technologies -- digital, cloud and cyber security. These technologies account for $10 billion or a third of its total revenue.
The company earned a revenue of $7 billion from the digital segment in its financial year ending August 2015.
Accenture's headcount in digital space has now increased to 36,000 people, said its CEO Pierre Nanterme.
"I would say that in our digital and operations business, we are the market makers. I spend a lot of my time looking at the competition, but there I would say we make the market. Our competition in digital is very fragmented and isn't doing what we are doing," said Nanterme.
Analysts have said that Indian IT companies could remain laggards in the digital space due to "Accenture's aggressive moves" in the segment.
