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Accenture's outsourcing revenues up 7%

Accenture reported 7% growth in outsourcing revenues to USD16.1bn for the year ending in August 2017. The revenues went up after it posted USD4.22bn outsourcing net revenues in its Q4 financial quarter. Both the consulting and outsourcing businesses reported growth in earnings, with the company seeing record new bookings worth USD10.1bn for the quarter. Accenture's outsourcing division contributes approximately 41% of the company's value. During the quarter, this division continued to outpace the broader outsourcing industry, as net revenues grew by 8% to USD4.22bn. Accenture also reported strong demand for its outsourcing services, with new bookings at USD5bn.