With 10,000+ experts and 200+ clients in North America, Europe, and APAC region, Accenture provides utilities digital services across the value chain: power generation, transmission & distribution, and retail services.
It has developed solutions leveraging multiple emerging technologies such as AI, analytics, AR/VR, IoT, drone, and cybersecurity around plant maintenance, asset management, grid management, customer management, workforce management, etc. For example, its Digital Plant services and solutions leverage predictive analytics & IoT to get real-time visibility into plant operations & assets.
It co-develops customized and innovative solutions for its clients via joint ventures. For example, with Kansai Electric Power (KEPCO), it established a JV in 2018, creating a company called K4 Digital, to transform business processes and create new business opportunities using AI, advanced analytics, and IoT. Similarly, with Siemens, it launched a company called OMNETRIC Group in 2015, which focuses on providing smart grid solutions in Latin America.
Investments & Innovation
Accenture acquires specialized companies to develops its capabilities in utilities. For instance, it acquired BRIDGE Energy Group and Davies Consulting to enhance its capabilities in grid modernization, asset management, risk management, and geographic information system solutions.
In May 2019, it opened Industry X.0 Innovation Center in Germany, which focuses on developing innovative solutions using technologies such as AI, blockchain, IoT, AR etc.
Since 2013, it has been running its own Digitally Enabled Grid research program, providing actionable insights and recommendations around the challenges and opportunities utilities face along the path to a smarter grid.
Partnership & Ecosystem
Accenture has a strong partnership ecosystem. With Oracle, it co-developed a customer experience management service platform. With Schneider Electric, it develops Industrial IoT solutions around predictive maintenance, asset monitoring and energy optimization. With GE, it develops intelligent pipeline solutions.
It also works with industry consortiums to increase adoption of technology. For example, with Think Smartgrids Association, it is helping to promote smart grid in Europe. Apart from that, it is also a part of the TRANSFORM program – a consortium of six European cities to develop an energy planning decision support environment; providing program management support.
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