The Industrialist

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The Industrial Renaissance: Retool, repurpose, reinvent

Industrial Companies have operated in a challenging business environment, with decreasing growth perspectives, high cost pressure and political uncertainty in their main markets globally, even before COVID-19. The pandemic has added yet another vast layer of complexity to an already challenging environment. In this continuously evolving and unstable environment, industrial companies need to retool, repurpose and reinvent to shape their revival.

Despite its significant effects, the pandemic has accelerated the need to act. It has forced industrial companies to transform and usher in the industrial renaissance. Four key factors will distinguish between mere survival or revival for the industrial players: 1) growth focused on a shift from product to services and omnichannel go to market; 2) a reinvented portfolio that includes smart connected products and services; 3) an agile workforce and a new industrial culture; and 4) a sustained adoption of technology to create a digitally decoupled infrastructure.

Accenture’s global survey reveals that Industrial companies know they need to transform their services business, but many struggle to find the right path.

What we do

Digital Service Factory

Reinvent the product and accelerate the development of new revenue streams through connected product services.

Digital engineering and manufacturing

Transform the way products are engineered with digital enablers in smart automation, application of the Digital Twin, and connected manufacturing.

Industrial Consumerism

Redefine the customer experience through end-to-end customer engagement, front-office digitization and organizational transformation.

Agile operating models

Streamline the enterprise with the digitization of the back office, spend reduction and cost competitiveness, and innovation in platforms.

Industrial analytics

Manufacturing applied intelligence with focus on machine uptime, predictive maintenance, warranty, and product performance.

Accenture Mobility X.0

A new market space generated by the combination of new technology and new user needs. End-to-end services targeting consumers desire for mobility.

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Case studies

Digitalization and standardization provide a cool blast of product design innovation.

Arctic teamed up with Accenture to transform its core production and manufacturing capabilities.

Salesforce cloud platform provides recipe for growth.

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What we think

Learn more about Accenture Industrial Equipment in the news.

Industrial equipment news

Electrical equipment, construction, consumer durable and heavy equipment industries.

Accenture ranked No. 1 in HFS Top 10 Manufacturing Service Providers 2019 report

Accenture came out as a clear leader in latest HFS report on manufacturing service providers, ranking No. 1 of 16 providers.

Accenture named leader in IDC MarketScape Report on Worldwide manufacturing information transformation strategic consulting

Accenture named as a leader in the IDC MarketScape: WorldWide Manufacturing Information Transformation Strategic Consulting 2018 Vendor Assessment.

Our leaders

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