Accenture (NYSE: ACN) has once again been named the Technology Advisory
House of the Year by Energy Risk magazine for excellence in
serving clients across global commodity markets — marking the fourth
consecutive year that Accenture has received the award.
Announced recently at the Energy Risk annual awards in Houston, the
award underscores Accenture’s growth and work in helping clients improve
their commodities trading and risk management operations with services
and solutions including new and emerging digital technologies.
The growth of Accenture’s commodity trading business in 2018 was driven
by helping clients advance transformational programs to increase
revenues, streamline business and technology operations, integrate newly
acquired businesses, and optimize the end-to-end commodity value chain.
Accenture continues to invest in a value chain optimization offering —
which leverages skills and capabilities from across the company’s
trading, supply chain, talent and organization, and applied intelligence
consulting practices — to help energy clients unlock trapped value and
margin across the commodity value chain.
Other growth enablers include a new dedicated commodity trading practice
within Accenture Technology for large, complex trading and risk
projects, systems integration and application outsourcing work.
“Our clients increasingly recognize that digital technologies are a
significant enabler in improving margins in the inherently volatile
commodities industries,” said Baris Ertan, who leads Accenture’s Trading
& Commercial practice globally. “We’re pleased to once again receive
this recognition from Energy Risk magazine, which we believe
acknowledges that the broad range of services we can offer to our
trading clients at scale is truly differentiating.”
Rachit Gupta, Vistra Energy’s Vice President – Generation / Wholesale
Applications, recalled Accenture’s service on its Dynegy acquisition:
“Upon acquiring Dynegy in 2018, we immediately engaged Accenture to lead
the integration of Dynegy’s complex business based on our successful
history delivering in the commodities, trading and risk management
space. We leveraged Accenture’s market leading technology expertise
coupled with its team of experienced utility industry advisers allowing
us to execute our business case and achieve synergy targets.”
Accenture also received the Technology Advisory House of the Year award
in 2018, 2017 and 2016. Structure Group, which Accenture acquired in
2015, received the award in 2010, 2012, 2013, 2014 and 2015.
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 477,000 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.