Accenture Achieves Lead Position in Winner’s Circle of HfS Research’s 2017 Energy Operations Blueprint

LONDON–(BUSINESS WIRE)–Accenture (NYSE:ACN) has been positioned in the “As-a-Service Winner’s
Circle” as the leader in both execution and innovation of the HfS
Research 2017 Energy Operations Blueprint. Accenture’s position
among the 13 energy operations service providers was based on the
strongest performance across a number of facets in the innovation and
execution categories.

The report analyzed how well oil and gas clients’ needs were met by
providers in business process services (BPS), information technology
services and engineering services across the value chain in the
upstream, midstream and downstream sectors. The strongest performers
like Accenture demonstrated truly collaborative relationships with
clients and invested in future capabilities in talent and technology to
increase value delivered over time. They also best incorporated the eight
ideals of the As-a-Service economy to flexibly engage and manage
resources to deliver services with targeted outcomes.

“We’re so pleased to have achieved a market-leading position in this
report, which recognizes the impact we have had when helping clients
navigate the energy industry’s many challenges. It’s a testament to our
vision for the future of the industry and efforts to drive leading edge
innovation across the oil and gas value chain,” said Andrew Smart,
managing director and lead for Accenture’s energy industry group.
"Through our strong domain expertise and focus on collaboration and
co-creation, Accenture is best placed to deliver successful outcomes
that align with our clients’ business needs. We remain committed to
continuing to expand our capabilities and services, while strengthening
our portfolio of technologies, As-a-Service solutions and platform
assets.”

In the report, Accenture was commended for the depth of its
domain-specific expertise and capabilities, industry vision,
co-innovation with partners, successful integration of partner services
and large scale application of automation in BPS service delivery.
Accenture was also recognized for its continued innovation in digitally
transforming clients’ businesses and delivering solutions across the
value chain in an As-A-Service model, to drive cost and schedule
performance improvements.

“In an industry seeking to drive new business models and efficiency,
Accenture’s formidable end-to-end digital transformation capabilities
and consulting-led As-a-Service solutions allow clients to plug into its
innovation-driven expertise,” said Derk Erbé, Research Vice-President,
Supply chain, Procurement and Energy for HfS Research, The Services
Research CompanyTM. “Accenture also continues to invest
heavily in strategic partnerships that deliver business value to
clients. Both clients and partners also highlight the value that
Accenture’s Energy Hubs and Centers of Excellence bring in developing
solutions and imagining business transformation journeys.”

The key strengths HfS Research highlighted for Accenture in the report
included:

• Partnerships: Accenture has the most comprehensive ecosystem of
  technology, platform, automation, business services and
  industry-specific partners, and is expanding some of its most
  strategic partnerships. Accenture is making investments in
  relationships, identifying business value and executing joint
  go-to-market plans.
• Dominance in Business Process Services (BPS) for Oil & Gas: Accenture
  has a dominant market share in the Energy Operations BPS value chain.
  Most notable are the large and long-running BPS relationships for
  Finance & Accounting, Procurement and HR with certain super majors.
• Energy Hubs and Centers of Excellence (CoEs) Prove to Be a Major
  Differentiator: Clients and partners speak highly of the way
  Accenture’s Hubs and CoEs bring topics like IoT and augmented reality
  to life. They enable co-creation with clients and drive education and
  the ability to scale opportunities at pace. Accenture offers oil and
  gas clients access to R&D via its labs.
• Significant Progress in The Move to As-a-Service: Accenture is
  actively offering and delivering As-a-Service contracting models with
  the prevalence of new digital services, promoting outcome-based models
  and As-a-Service structures in new deals.
• Continued Focus on Integration of Digital, Consulting, BPS and
  Technology for Energy Operations: Services across the value chain
  are delivered by different business units. Accenture is rapidly
  expanding its already substantial digital capabilities with
  acquisitions of design studios, cloud specialists and digital
  consultancies. This provides a differentiated ability to pair digital
  strategy and execution with a full-circle philosophy to digital.

The findings of the report were based on extensive market research,
interviews with clients and other service buyers, interviews with
vendors’ partners, briefings with service providers, and publicly
available information, including financial data.

The HfS Energy Operations Blueprint Report can be accessed here.

More information about Accenture’s services to the energy industry can
be accessed here.

About Accenture

Accenture 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 411,000 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.

Contacts

Accenture
Guy Cantwell, +1 281-900-9089
[email protected]
or
Matt
Corser, +44 755 784 9009
[email protected]