January 28, 2014
Accenture Positioned as a Leader in Providing Worldwide IT Professional Services for Utility Smart Grid in IDC MarketScape
NEW YORK; Jan. 28, 2014 – Accenture (NYSE:ACN) has been positioned as a leader by IDC Energy Insights in an IDC MarketScape providing worldwide IT professional services for utility smart grid. In its newly published IDC MarketScape – Worldwide IT Professional Services for Utility Smart Grid 2014, (Doc #EI246402), January 2014, the IDC MarketScape assessed the capabilities and strategies of leading professional service firms in addressing the smart grid needs of the utilities industry globally.
The services assessed by the IDC Energy Insights IDC MarketScape included business consulting, IT consulting, systems integration, IT outsourcing and managed services that are tailored to the needs of the utility smart grid industry. The report evaluated firms according to their success in delivery and examined offering and service completeness, strategy and industry focus and customer satisfaction.
According to the IDC Energy Insights IDC MarketScape, Accenture is positioned as a leader based on its global delivery capacity, as well as its ability to serve regional utilities and provide innovative solutions in analytics and cloud technologies. Focused on addressing its client industry issues, Accenture Smart Grid Services provides services in the areas of workforce and resource management to improve field force efficiency and effectiveness; capital effectiveness and asset management to drive higher returns on investments; grid operations focused on network optimization and, smart metering and analytics which leverage load and consumption data.
“We are pleased to be recognized as a leader in smart grid capabilities by the IDC MarketScape,” said Jack Azagury, global managing director, Accenture Smart Grid Services. “Accenture Smart Grid Services, which has smart grid-related projects already delivered or in progress at more than 200 clients in over 30 countries, continues to focus on deploying innovative grid solutions to drive value for our utility clients and facilitate the transition to an increasingly digital and distributed grid.”
As an example, Accenture recently announced the launch of a new joint venture with Siemens, Omnetric Group, which will begin operations pending regulatory approval and other customary closing conditions, and will provide the utilities industry with advanced solutions and services focused on data management and systems integration. These solutions integrate operational technologies — such as distribution management and real-time grid operations – with IT systems supporting smart metering, energy consumption and work and asset management.
According to Marcus Torchia, research manager of intelligent grid strategies at IDC Energy Insights, "Utilities are looking for service companies which understand their industry issues and who can deliver smart grid solutions based on clear business outcomes and on a global scale.”
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.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 281,000 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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