FACT FOOD #281

Source – http://bit.ly/1k40Oe1
The firm Accenture originated as the consulting division of the accounting firm Arthur Andersen. The origin goes back to the year 1953, when GE asked Arthur Andersen to undertake a feasibility study about payroll processing and manufacturing automation using computers. In 1989, that division split from Arthur Andersen and began using the name Andersen Consulting. On January 1, 2001, Andersen Consulting adopted its current name, “Accenture”. The word “Accenture” is derived from “Accent on the future”. The idea for the name was submitted by Kim Petersen, a Danish employee from the company’s Oslo, Norway office, as a result of an internal competition.