June 17, 2014

Accenture Joins Industrial Internet Consortium to Support Initiatives for Accelerating the Growth of the Industrial Internet

SAN JOSE, CA; June 17, 2014 Accenture (NYSE: ACN) has joined the Industrial Internet Consortium (IIC) to accelerate the value that companies can gain through the industrial internet, and to break down technology barriers that hamper its growth. Accenture has substantial experience through its work on projects related to the Industrial Internet, and its primary focus in joining the IIC will be to help solve important interoperability challenges.

“To realize the enormous competitive advantage Industrial Internet can provide, technologies from multiple vendors need to interoperate seamlessly,” said Paul Daugherty, chief technology officer, Accenture. “For intelligent cities to be effective, for example, many disparate systems need to interoperate, such as those that manage traffic, utilities, and public safety.”

Joining the IIC reflects Accenture’s commitment and focus on helping clients undertake their digital transformation journey. Having worked with asset-intensive clients, such as those in the industrial equipment, aviation, energy, utilities, mining, and healthcare, Accenture has made Industrial Internet a central theme in many of its business services including its Accenture Plant and Commercial Services, Accenture Smart Grid Services, Accenture Product Lifecycle Services, and Accenture Connected Health Services. By bringing the intersection of people, data and intelligent machines to the next level, Industrial Internet will have far-reaching impacts on the productivity, efficiency and operations of industries around the world.

“We’re pleased to see Accenture join the Industrial Internet Consortium as this will increase our ability to accelerate the development and availability of intelligent industrial automation for the public good,” said Dr. Richard Mark Soley, executive director, Industrial Internet Consortium.

Accenture’s participation in the IIC follows other significant actions undertaken by Accenture, including the formation of Accenture Digital, joint ventures such as Taleris and OMNETRIC Group, and recent acquisitions such as i4C Analytics and evopro group.

“Industrial Internet gives rise to a new layer of connected intelligence that augments the actions of individuals, automates processes, and incorporates digitally empowered machines into our lives, increasing our insight into and control over the tangible world,” added Daugherty.

The Industrial Internet Consortium was founded in 2014 to further development, adoption and wide-spread use of interconnected machines, intelligent analytics and people at work. Through an independently-run consortium of technology innovators, industrial companies, academia and government, the goal of the IIC is to accelerate the development and availability of intelligent industrial automation for the public good.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 289,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com.

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Hannah Unkefer
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