Accenture has formed a unit called Cloud First with plans to invest $3 billion over three years to enable customers to move to the cloud and digitize operations.
The consulting giant said that Karthik Narain will lead Accenture Cloud First. Narain, who will take over Oct. 1, most recently was the lead for Accenture Technology in North America.
Accenture landed $11 billion in cloud revenue in fiscal 2019 but is betting that it can grow that base faster via software as a service, platform services and migrating customers to cloud infrastructure and applications.
