iSoft may lose Accenture deal

There may be more trouble ahead for software developer iSoft after it was
reported that Accenture was considering using another supplier for its £12bn
upgrade to the National Health Service’s IT infrastructure.

Bill Green, Accenture’s chief executive, told analysts on a conference call
after its third-quarter results that it was ‘watching the iSoft situation
closely’ and that the company had a ‘series of alternatives that we can take

iSoft has lost about 80% of its market value after a series of profits
warnings and being forced to restate its previous accounts to reflect a change
in its accounting policy.

The loss of the two Accenture contracts could result in a loss of about £200m
in revenue for iSoft, the Independent reported.

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