Accenture 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.

“Our position in this report reflects our continued commitment to leading in innovation for the utilities industry. A key differentiator is our deep industry expertise and experience with utilities globally. We successfully deliver transformational projects enabled by digital technologies,” said Matias Alonso, senior managing director for the Accenture utilities industry group. “This makes us well placed to help utilities achieve new business outcomes and new paths to value in the next phase of their digital journey.”

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.”