The smart money votes

Accenture and Gartner used to define enterprise technology leadership. The markets are now asking serious questions.

The smart money votes

Who claims to know more than anyone else about enterprise AI? Gartner and Accenture would certainly make that case.

Yet over the past year, Gartner’s stock has plunged 50% and Accenture’s has dropped 24%, despite both hitting their quarterly projections. (Compounding the concerns, the S&P 500 is up 20% during that time.) The market’s verdict? Not mere skepticism, but a wholesale vote of no confidence in their playbooks.

These professional services leaders have been putting new AI labels on their old bottles of wine, and the smart money has figured it out.  A business model based on selling the time of humans to convey knowledge?  Well, it’s a non-starter in the AI economy. 

Investors no longer believe these giants can make the leap.  The brutal truth: enterprise AI hasn’t simply disrupted the advisory business; it has investors questioning whether the future belongs to them at all, or to an entirely new breed of players built for an AI-first world.

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