AI research lab Anthropic continues to cement its position as a predominant player in the enterprise AI space. On Tuesday, Anthropic announced a multi-year partnership with the professional services firm Accenture. While financial terms of the deal were not disclosed, The Wall Street Journal reported the agreement spans three years. Accenture confirmed the three-year duration but declined to comment on the financial details.
The two companies are forming the Accenture Anthropic Business Group. This initiative will include formal Claude training for Accenture’s 30,000 employees. Anthropic’s Claude Code coding tools will also be made available for Accenture’s tens of thousands of developers. Additionally, they are launching a joint initiative to help chief investment officers track their return on investment for AI.
This announcement comes as Anthropic’s market share within the enterprise continues to grow. A new report from Menlo Ventures shows that Anthropic now holds 40% of the market share within enterprise and 54% of the market share for coding applications. This marks an increase from Menlo’s previous survey this summer, where Anthropic held 32% of the enterprise market share.
The Accenture news follows a series of other significant enterprise partnerships for Anthropic. Last week, the company announced a $200 million deal with cloud data company Snowflake. In October, Anthropic also announced sizable and similar AI partnerships with both Deloitte and IBM.