Accenture to invest $400 m in cloud tech

Accenture on Friday said it will invest more than $400 million by 2015 in cloud technologies, capabilities and training.

“Accenture will invest more than $400 million in cloud technologies, capabilities and training by 2015 to focus on delivering the right cloud services from its network of providers, as well as blending its own industry solutions and innovations with third party offerings,” the company said. Cloud computing  operates on a pay-per-use model, helping companies cut costs as they do not have to invest heavily on infrastructure.
The company has launched ‘Accenture Cloud Platform’ to help organisations integrate and manage cloud services.