Accenture Closes Structure Acquisition, Strengthening Capabilities in Smart Grid Operations and Energy Trading and Risk Management Services

HOUSTON–(BUSINESS WIRE)–Accenture (NYSE: ACN) has completed the acquisition of Structure, a provider of consulting, system integration and customized solutions and services to energy and utilities clients. The transaction expands and enhances Accenture’s deep experience and capabilities in smart grid solutions, especially grid operations, as well as commodity trading and risk management (CTRM). “Over the last few weeks, the reaction from our people, clients, and industry partners has been overwhelmingly positive with many parties excited about the strategic synergies of our businesses” “Our ability to provide comprehensive end-to-end solutions and services in the grid operations and commodities trading space to a wider variety of utilities and energy clients is significantly enhanced by this combination,” said Peggy Kostial, senior managing director for Accenture’s North America Resources operating group. In the utilities industry, the combination adds Structure’s deep skills, including those in grid operations, with Accenture’s global strengths in information technology (IT) to support the integration of operational technologies (OT) with IT systems. Examples include the deployment of advanced distribution management systems and automation solutions, as well as improved outage management and grid analytics. In commodities trading, the transaction strengthens Accenture’s business capabilities with utilities, mid-stream pipeline and energy companies. It brings Structure’s … continue reading

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Source: CTRM Center

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