Accenture targets 15% rise in RI revenues

Accenture targets 15% rise in RI revenues

JAKARTA (JP): Global management and technology consulting firm
Accenture, formerly known as Andersen Consulting, expects a 15
percent increase in revenues from its Indonesian operation this
year, a company executive said here on Monday.

The company's national managing partner Heru Prasetyo said
that revenues from Indonesia reached about US$45 million in 2000,
with the assumption that each of its 300 workers received average
earnings of $500 per day.

He said that the company's expansion into alliance,
technology and venture capital services partly attributed to the
estimated 15 percent increase in this year's revenue projections.

"We're optimistic of achieving it because we're expanding the
company operations," he said.

The United States-based consulting firm, which changed its
name this month, previously only provided business consulting and
outsourcing services.

Accenture has also budgeted approximately US$300,000 in 2001
to promote its new name in Indonesia. This figure is one percent
of the company's total expenditure on image promotion worldwide.

During 2000, the company succeeded in attracting several major
clients including Lippo Group subsidiary LippoShop, the state-
owned company PT Telkom, and an Argentinean oil company operating
in Indonesia, Maxus YPF.

The name-change followed an international independent
arbitrator's ruling in August last year in favor of Andersen
Consulting, settling its dispute with Andersen Worldwide and
Arthur Andersen.

Under the term of the ruling, Andersen Consulting was excused
from any further obligations to Andersen Worldwide and Arthur
Andersen, including an obligation to make termination payments,
and was given until Dec. 31 to adopt a new trading name.

Accenture was selected after an intensive three-month research
and analysis process involving thousands of prospective names,
the consulting firm said.(05)