“The pressing need for an accelerated energy transition and decarbonization is driving an unprecedent revolution in the utilities industry,” said Kenneth Cheng, managing director and Greater China lead for Resources, Accenture, “The IDC MarketSpace recognizes Accenture’s long-term collaboration with its utilities clients in the Asia-Pacific Region and in China. The evaluation also reflects our role in helping them to navigate industry changes. We will continue to provide a comprehensive portfolio of digital transformation offerings to our clients in China’s utilities industry, driving digital innovation while aiming to help our clients achieve net-zero emissions.”
Scott Tinkler, managing director and global Utilities lead, Accenture, said: “The IDC MarketScape’s evaluation reflects our tireless efforts to continually improve our digital capabilities and collaborate with utilities in the region as they reinvent their enterprises, to not only meet changing business needs and generate new revenue streams but also drive innovation at scale.”
Additionally, the report cited Accenture’s innovation architecture and its role in assisting utility firms at each stage of their digital transformation, its key regional delivery centers and comprehensive network of innovation hubs (including four in the APeJ region), which deliver research and development capabilities for its clients. Also noted as a differentiator was Accenture’s robust network of ecosystem partners and its heavy investments in acquisitions to strengthen its portfolio of offerings and geographic reach.
"The acceleration of distributed energy generation, integration of renewable energy sources to the grid and changing customer expectations are creating a complex environment that utilities need to manage successfully,” said Jayesh Verma, senior research manager, IDC Asia/Pacific Energy Insights. “This, in turn, is driving the adoption of new technologies and accelerating digital innovation. Accenture has the right mix of industry expertise, digital skills and a strong regional presence, coupled with its network of ecosystem partners, to help utilities navigate the shifting energy landscape while assisting them at each stage of their digital transformation journey.”
The report is based on interviews with the end users (major utilities in the APeJ region), detailed surveys and briefings with the vendors and publicly available information.
An excerpt of the IDC MarketScape: Asia-Pacific (Excluding Japan) Digital Transformation Services Providers for Utilities 2022 Vendor Assessment can be found here.
More information about Accenture’s services to the utilities industry can be accessed here.