Accenture and ServiceNow launch cybersecurity migration offering

NEW YORK & SANTA CLARA, Calif. - Accenture ( NYSE:ACN ) and ServiceNow ( NYSE:NOW ) announced Monday a joint offering that combines managed security services with an AI-powered solution to automate migration from legacy cybersecurity systems to the ServiceNow AI Platform.

The offering addresses migration costs and complexity as organizations face rising data breach expenses, which reached $10.22 million per incident in the U.S. in 2025, up 9% year over year, according to the press release statement.

The joint solution includes four managed security services. Unified integrated risk management and third-party risk management services use AI agents to monitor vendors and automate lifecycle management. Operational technology risk management brings OT and IT risk onto a single platform for industrial control systems and critical infrastructure. Proactive risk management and compliance services use AI agents to monitor regulatory changes and automate responses. The AI-powered migration solution helps organizations move from legacy risk platforms to ServiceNow.

"Companies need more than isolated security tools," said Rex Thexton, global chief technology officer at Accenture Cybersecurity. "They need the ability to connect risk insights, automate decision-making, and respond at enterprise scale."

Lou Fiorello, group vice president and general manager of Security and Risk products at ServiceNow, said the companies are helping organizations "simplify security operations, improve resilience, and respond to threats with greater speed and confidence."

Accenture was recognized as a Leader in IDC MarketScape’s Worldwide Cybersecurity Governance, Risk, and Compliance Consulting Services 2025-2026 Vendor Assessment in December 2025.

Accenture employs approximately 799,000 people and generated approximately $70 billion in revenue in fiscal year 2025. As a prominent player in the IT Services industry, the company has raised its dividend for 6 consecutive years and currently offers a 5.06% dividend yield. For deeper insights into Accenture’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available for ACN and 1,400+ other US equities on InvestingPro .

In other recent news, Accenture reported its third-quarter fiscal 2026 results, which led to a revision of its fiscal 2026 guidance. The company lowered the high end of its revenue constant currency growth guidance by approximately 100 basis points, prompting Mizuho to reduce its stock price target for Accenture from $280 to $226 while maintaining an Outperform rating. Additionally, Accenture announced a $2 billion increase to its fiscal 2026 repurchase program, bringing the total planned buybacks to $7.5 billion, a 62% increase from the year.

In a strategic move, Accenture launched a new business unit, Accenture Edge, aimed at serving mid-market companies with revenues between $300 million and $3 billion. This segment is seen as a $240 billion total addressable market with high single-digit growth potential. Furthermore, Accenture entered into a multi-year partnership with the Seattle Seahawks, becoming the NFL team’s first global partner. This collaboration will focus on enhancing the team’s technology consulting, data infrastructure, and artificial intelligence capabilities.

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