Accenture is the software and it services company most prolific at making international expansions, followed by Microsoft and Alphabet. GlobalData’s software and it services foreign direct investment (FDI) company report highlights the current foreign investments made by leading software and it services investors. Buy the report here.
Accenture has been the most active software and it services greenfield investor between Q1 2019 and Q4 2023, according to GlobalData’s FDI Projects Database. The Parent_clean company has been actively investing through several of its subsidiaries/company divisions.
Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.
The majority of Accenture investments were in the business applications & development services subsector. In fact, 82.1% of its total foreign investments were in this subsector. It also created projects across a further 7 subsectors.
By business function, most (50.4%) of Accenture projects were related to business and professional services. R&D and Headquarters were the next most popular operations undertaken by Accenture.
The company has been active across nine world regions, mainly focused on Western Europe which received 35% of the company’s greenfield investments between Q1 2019 and Q4 2023. Its top three destination countries (by number of greenfield FDI projects) were the US, France and India. Combined these three countries account for 38.2% of its total number of software and it services investments.
Accenture created more FDI projects in 2019 compared to any other year between Q1 2019 and Q4 2023.
Other leading FDI project generators in the software and it services industry include Microsoft, Alphabet, Globant and SAP.
The US is the leading source market for outbound software and it services greenfield FDI projects. The country accounts for 32.4% of total outbound software and it services investment projects. There have been 2324 unique parent companies from the US that have announced software and it services FDI projects between between Q1 2019 and Q4 2023.
To further understand the top biotechnology FDI companies, access GlobalData’s Top biotechnology Foreign Direct Investment Companies report.
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