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Is Accenture's Deal With Nvidia a Game Changer?

The Motley Fool

One area that is getting overlooked is professional services -- otherwise known as consulting. Global IT professional services firm Accenture (NYSE: ACN) is quietly emerging as an important component of AI roadmaps. As such, Accenture has an opportunity to broaden its services depending on a client's AI use cases.

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2 Artificial Intelligence (AI) Stocks Down 46.5% and 54% to Buy Now

The Motley Fool

However, given its excellent prospects riding the tailwind of artificial intelligence and the growth in profitability, it could be an excellent option for investors looking to capitalize on the AI wave. million in the third quarter, while professional services revenue was roughly flat at $13.4 million in last year's quarter.

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Looking to Move? Here's What to Look for in a Moving Company

The Motley Fool

Clear communication is really the bare minimum when you're hiring for any professional service. Ideally, a prospective company will be able to send a representative out to your home to get a look at your actual stuff, as well as the layout of your home. And get it in writing.

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1 Artificial Intelligence (AI) Growth Stock Up 6,730% Over 20 Years to Buy Now and Hold Long Term

The Motley Fool

Salesforce also derives a small portion of revenue from professional services, including advisory and training services. But they also tell prospective customers that it has software products worth considering. Chart by author. Salesforce is well positioned to grow its business.

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Looking Outside the "Magnificent Seven" Stocks Could Be a Good Idea for Artificial Intelligence (AI) Investors: Here's 1 Stock That I've Got My Eye On

The Motley Fool

By contrast, consulting services are typically non-recurring and come with much lower margin profiles compared to software. Therefore, many enterprise tech companies may shy away from a heavy focus on professional services. The other two-thirds came from deals signed through the consulting arm.

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1 Artificial Intelligence (AI) Stock, Down 30% From Its Highs, to Scoop Up Now

The Motley Fool

A few things to watch for in Q1 results As a result, Snowflake investors should focus on the long-term prospects, not the short-term. This isn't the same as product revenue, and when you adjust out Q4's professional service revenue from that figure ($36.6 However, investors weren't happy with some announcements in Q4.

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3d Systems (DDD) Q4 2024 Earnings Call Transcript

The Motley Fool

Given the rapid pace of additive technology evolution for both healthcare and industrial applications, we have great confidence in our longer-term growth prospects. The increase was mostly driven by professional services spend and partially offset by our cost initiatives during the year. And I'm thrilled with the prospects.