NEW YORK; July 8, 2014 – Accenture (NYSE: ACN) has been positioned as a leader in the recently published IDC MarketScape: Worldwide Oil and Gas Professional Services 2014 Vendor Assessment1 by IDC Energy Insights. The only company to receive this distinction for two consecutive reports, Accenture was recognized for providing services including business and IT consulting, systems integration, IT outsourcing, business process outsourcing, and application development and management, as well as solutions unique to energy firms.
The report assessed many leading professional service firms’ strategies and capabilities in meeting specific needs of the oil and gas industry with offerings in industry segments, such as upstream, midstream, downstream and retail.
“The new IDC MarketScape report reflects our longstanding role as a trusted leader in helping oil and gas companies achieve their goals for safer, more productive and cost-effective operations,” said Andrew Smart, global managing director, Accenture Energy industry group. “Our offerings are based on a rigorous analysis of current and future oil and gas needs across all segments of the industry and are vital to our clients’ ability to drive better business outcomes.”
The latest IDC MarketScape report analyzes the offerings and capabilities of 12 oil and gas services providers, focusing on how they help clients improve performance, achieve IT-enabled business benefits and reduce costs. Accenture was cited as a leader in the report for its unique ability to bring together strategy, digital, IT and business process outsourcing, as well as its ability to develop innovative services and solutions for future growth, all on a global scale.
“Leading oil and gas companies will be looking to their service providers to help them innovate and improve their performance in the coming years,” said Jill Feblowitz, vice president, IDC Energy Insights, Oil and Gas. “The good news is that professional services firms have made great strides in building their oil and gas-specific capabilities the past two years.”
You can access the IDC MarketScape page here.
1IDC Energy Insights, IDC MarketScape: Worldwide Oil and Gas Professional Services 2014 Vendor Assessment, (Doc #EI249425) June 2014.
Accenture is a global management consulting, technology services and outsourcing company, with more than 293,000 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.
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.
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