Dividend Stock Portfolio For Retirement

5. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 69

Accenture plc (NYSE:ACN) is among the stocks for a dividend stock portfolio. The company recently announced that it has equipped 500,000 of its employees with skills in generative artificial intelligence, responding to rising demand for services in this space.

According to CEO Julie Sweet, the company’s generative AI-related revenue has jumped to $2.6 billion over the past six months, a sharp rise from $300 million in the initial half-year after ChatGPT’s 2022 launch.

Sweet made the following comment:

“When you think about the scale of that transformation in the last 2.5 years – you can see that we’ve really focused on rotating all of our offerings, rotating how we deliver for our clients and, of course, using it to operate ourselves.”

Globally, consulting and professional services firms have been adopting generative AI to cut down on repetitive and time-consuming tasks traditionally handled by junior staff. At Accenture, consultants are now using the technology to automate routine duties such as creating presentations, Sweet noted. She further stated:

“By being able to use some of the work that is pretty rote in terms of the presentation – we’re able to mentor our young leaders about the underlying content more. They’re actually able to focus and do more shadowing of senior leaders.”

Accenture plc (NYSE:ACN) is a global professional services firm that offers consulting, technology, and outsourcing solutions to both businesses and government entities. The company supports clients in areas such as system integration, strategic planning, and enhancing operational efficiency, all with the goal of helping them achieve greater success.