Accenture (NYSE: ACN) has been named the Technology Advisory House of the Year by Energy Risk magazine for excellence in serving clients across global commodity markets, marking the fifth consecutive year that Accenture has won the award.
The award-selection team considered Accenture’s double-digit revenue growth in 2019 as a key indicator of its impact in helping commodity trading clients streamline operations, integrate newly acquired businesses, enter new commodity markets, and optimize their end-to-end value chains. This growth was achieved through the delivery of services across a variety of areas, including digital transformation, trading platform modernization and managed services, big data and analytics solutions and trade lifecycle automation.
Accenture continued to excel in its core advisory and implementation space in the past year by partnering with more than 50 clients to deliver trading-transformation projects. The projects included one of the largest natural gas trading and risk management implementations in history and more recently a critical “remote go-live” at a Canadian integrated energy company during the COVID-19 pandemic.
“Within Suncor, the Supply Trading & Optimization (ST&O) group has undertaken a multi-year ‘Transformation’ program to grow our people, processes and technology to position the group to drive incremental value for the corporation,” said Mel Rampersad, who is general manager, ST&O transformation at Suncor. “In conjunction with this program, Accenture was chosen as our trusted technology advisor to aid in developing and implementing our technology roadmap. Together we recently delivered an impressive ‘remote go live’ of two key technology systems that will support this journey. Accenture’s guidance has been key to the success of progressing the technology portion of this program and helping establish the foundation for Supply Trading & Optimization’s future growth ambitions.”
Baris Ertan, who leads Accenture’s Trading & Commercial practice globally, said, “Our work with Suncor and other trading clients is extremely rewarding and receiving the “Energy Risk magazine award is an honor that testifies to the broad range of services and the quality and value of our team’s delivery.”
He added, “Our clients are laser-focused on maximizing operational efficiency, increasing competitiveness, digitizing and automating operations, and extracting the full value of their asset mix — all of which have become even more important in a time of low oil prices and the COVID-19 pandemic. We are actively working with clients in transitioning to low-carbon energy, focusing on customer centricity, and driving further improvements across their commercial operations.”
Accenture also received the Technology Advisory House of the Year award in 2019, 2018, 2017 and 2016. Structure Group, which Accenture acquired in 2015, received the award in 2015, 2014, 2013, 2012 and 2010.
Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 509,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.