[krasicki]

Accenture is but one of many, already mentioned, such consulting firms. The particulars of their unique evolution are unimportant. They bill $43B per year so being "worth" $140B is essentially three years billing. Prospective buyers who want to sell their own by-products more exclusively (say, Oracle, Microsoft, Alphabet,...) look at the price tag as an opportunity to lock in big ticket clients for decades of migration, integration, and insider green-field, money-sink projects.

Yes, consultancies like Accenture are copy-cat enterprises. A few decades ago they truly provided the brightest and the best of off-shore, inexpensive technical labor. But that changed with the H-1B tsunami that followed. The meme that America's social strengths could be used against it were not lost on these now global software powerhouses.

Many of the initial H-1B waves of individuals worked their way into America's corporate C-Suites. The technical waves were followed by well-to-do, class entitlement waves of individuals who co-opted the POC cohort required to satisfy equal opportunity hiring laws.

More recently, HR departments themselves have been out-sourced within the enterprises. The combination of the gutting of full-time technical staff AND the tight coupling of off-shoring to onshore expat cohorts completes the cycle of how Western enterprises were carved out of any capability to develop projects internally. They've been gutted.

In America, citizen POC were left on the outside looking in (aaaaaaaand, here we are in social crisis) in addition to bearing witness to the soft takeover of the corporate management ranks.

The Powerpoint slides are perfunctory. Our corporations are now as technically proficient as many dysfunctional outsourcing countries are at a functional level. The onshore benches represent the warehousing of local candidates to make way for politically and legally correct outsiders.