|[November 09, 2012]
Accenture Positioned as a Leader in Providing Professional Services to Oil and Gas Companies, According to IDC MarketScape Report
NEW YORK --(Business Wire)--
Accenture (News - Alert) (NYSE: ACN) is positioned as a Leader in providing business
consulting, IT consulting, systems integration, IT outsourcing, and
managed services to oil and gas companies globally, according to the
recently published IDC (News - Alert) MarketScape: Worldwide Oil and Gas Professional
Services 2012 Vendor Assessment1 by IDC Energy Insights, a
line of business of International Data Corporation (IDC).
The new report assesses the capabilities and strategies of many of the
leading professional service firms in addressing the specific needs of
the oil and gas industry. In particular, the report evaluated
professional service firms according to their success in providing
offerings in industry segments including upstream, midstream, downstream
and energy trading and risk management.
"With over 30 years of experience in the oil and gas industry, Accenture
today is helping international oil companies (IOCs), national oil
companies (NOCs), and independent and oilfield service companies develop
their business strategies, reduce time to first oil and gas, optimize
operations and provide back-office functional services including supply
chain, ERP, IT transformation and integrated business services," said
Arthur Hanna, global managing director, Accenture Energy industry group.
"We are pleased to be recognized as a Leader by IDC Energy Insights as
we work with our clients to identify their issues and provide strategic
recommendations and tactical implementation to help them improve their
business performance and realize better business outcomes."
The IDC MarketScape report evaluated the oferings and capabilities of
10 oil and gas services providers and evaluated them based on potential
key strategy measures for success in two primary categories: current
capabilities and future strategy. Based on the IDC MarketScape
evaluation, Accenture is positioned as a Leader among vendors included
in the assessment, with a strong strategic combination of capabilities
for success in today's oil and gas industry. Accenture is also described
as having the right strategic initiatives to maintain and grow its
capabilities in the future.
According to Jill Feblowitz, vice president, IDC Energy Insights, "The
oil and gas (O&G) industry is looking to its professional services
teaming partners to bring innovation. Professional services firms with a
strong focus on the O&G vertical and a strategic plan in line with the
future needs of their clients are Leaders. They have a local presence in
most of the O&G capitals and the ability to attract and retain O&G
specialists in this talent-constrained market."
Energy Insights, IDC MarketScape: Worldwide Oil and Gas Professional
Services 2012 Vendor Assessment, (Doc #EI237328) October 2012.
Accenture is a global management consulting, technology services and
outsourcing company, with 257,000 people serving clients in more than
120 countries. Combining unparalleled experience, comprehensive
capabilities across all industries and business functions, and extensive
research on the world's most successful companies, Accenture
collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview
of the competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative and
quantitative criteria that results in a single graphical illustration of
each vendor's position within a given market. IDC MarketScape provides a
clear framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The framework
also provides technology buyers with a 360-degree assessment of the
strengths and weaknesses of current and prospective vendors.
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