NEW YORK; Mar. 7, 2017 – Accenture (NYSE: ACN) has been positioned as a leader in the IDC MarketScape: Worldwide Digital Transformation Service Providers for Utilities 2017 Vendor Assessment1. Accenture was recognized for key strengths, including a platform approach and as-a-service model for digital transformation, improving utilities’ capability, speed and cost, as well as a superior blend of industry knowledge, experience and technical competence.
The report evaluated Accenture and 12 other companies with an established reputation for providing professional services to the utilities industry, with a particular focus on services that support utilities’ digital transformation, as well as an international presence.
The IDC MarketScape assessed the capabilities and strategies of leading services vendors in digital transformation. Services analyzed included: business consulting, business process outsourcing and process services. IT services included consulting, systems and network implementations, outsourcing, application development, deployment support and education and training.
The report noted that Accenture has actively invested to expand its digital technology assets and capabilities and is one of the fastest growing companies in the digital services industry with a clear investment in digital platforms and as-a-service models, and is an innovation partner of many top industry players. Other differentiators remarked by the report are a clear vision of trends, domain-specific research programs, and innovation delivery capabilities which are successfully applied to the industry’s new digital agenda.
“Digital is a core component of our strategy and it is our fastest growing area,” added Alonso. “According to research from Accenture and the World Economic Forum (WEF), the value from rapid digital transformation for the industry is a staggering $1.3 trillion of value by 2025. We are already bringing this potential to the industry and investing in the next generation of leading technologies such as the Industrial Internet of Things, artificial intelligence and blockchain.”
Roberta Bigliani, Head, IDC Energy Insights EMEA, said, “Accenture has significantly expanded its assets and capabilities to support utilities’ digital transformation. To enable utilities to execute fast and scale up, the company is creating platforms that combine services, intellectual property, and technology, and is making them available on a consumption-model basis.”
The report is based on interviews with major utilities companies worldwide, the end users of the report, vendor briefings and other research information.
The IDC MarketScape: Worldwide Digital Transformation Service Providers for Utilities 2017 Vendor Assessment can be found here.
More information about Accenture’s services to the utilities industry can be accessed here.
Accenture (NYSE: ACN) is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
About IDC MarketScape:
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.
1. doc #EMEA40124616, February 2017
2. IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.