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Accenture plans to hire up to 30,000 new employees in China, India and the Phillipines over the next three years as it continues to increase the amount of software development and other work done offshore.

The management consulting and outsourcing group currently has 19,000 employees in offshore locations out of total workforce of 115,000.

The announcement came as Accenture unveiled third quarter revenues up 11 per cent to $4bn and earnings per share up 38 per cent to 51 cents.

Excluding one-off gains, earnings were 44 cents, in line with Wall Street expectations.

Bill Green, chairman and chief executive, reassured investors that the company was “on top of” problems that emerged earlier this year with a contract to build a new patient information system for the UK National Health Service.

Accenture stock gained $1.18 to $23.38 in after-market trading on Thursday.

Copyright The Financial Times Limited 2019. All rights reserved.

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