(Reuters) -Accenture ( ACN ) on Thursday reported fourth-quarter revenue slightly above Wall Street estimates, driven by resilient demand from enterprise clients for its AI-driven consulting and services.

Shares of the Dublin-based company were up 3.7% in choppy premarket trading.

Businesses are scaling up AI projects, digitizing core operations and prioritizing data security to drive growth and cut costs, trends that benefit Accenture ( ACN ).

The company recorded new bookings of $21.3 billion for the quarter.

The company posted fourth-quarter revenue of $17.6 billion, beating analysts' average estimate of $17.36 billion, according to data compiled by LSEG.