Comparing Cost of Revenue Efficiency: Accenture plc vs Synopsys, Inc.

Accenture vs Synopsys: A Decade of Cost Efficiency

__timestampAccenture plcSynopsys, Inc.
Wednesday, January 1, 201422190212000456885000
Thursday, January 1, 201523105185000518920000
Friday, January 1, 201624520234000542962000
Sunday, January 1, 201725734986000654184000
Monday, January 1, 201829160515000735898000
Tuesday, January 1, 201929900325000752946000
Wednesday, January 1, 202030350881000794690000
Friday, January 1, 202134169261000861777000
Saturday, January 1, 2022418927660001063697000
Sunday, January 1, 2023433801380001222193000
Monday, January 1, 2024437341470001245289000
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In pursuit of knowledge

A Decade of Cost Efficiency: Accenture vs Synopsys

In the ever-evolving landscape of technology and consulting, cost efficiency remains a pivotal factor for success. Over the past decade, Accenture plc and Synopsys, Inc. have demonstrated contrasting trajectories in managing their cost of revenue. From 2014 to 2024, Accenture's cost of revenue surged by nearly 97%, reflecting its expansive growth and operational scale. In contrast, Synopsys, a leader in electronic design automation, saw a more modest increase of approximately 173% in the same period, indicating a strategic focus on optimizing operational costs.

Accenture's cost efficiency is underscored by its ability to maintain a steady growth rate, with a notable jump in 2022, reaching a peak in 2024. Meanwhile, Synopsys has consistently improved its cost management, with a significant uptick in 2023. This comparison highlights the diverse strategies employed by these industry giants in navigating the complexities of cost management.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025