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Home News

Accenture Acquires True North Solutions

July 9, 2024
Reading Time: 2 mins read
in News
Accenture Acquires True North Solutions

Accenture has acquired True North Solutions to enhance its operational technology expertise in the energy sector. This acquisition aims to improve the safety and efficiency of energy production and transportation for clients in oil, gas, and mining industries. By integrating True North’s AI-driven solutions with its own capabilities, Accenture seeks to optimize equipment performance and support seamless operations across physical and digital platforms.

The combined expertise will allow for real-time data analytics that enhances safety and productivity in field operations. Accenture plans to leverage True North’s knowledge to design and commission new facilities where operational technology and information technology are fully integrated. This strategic move underscores Accenture’s commitment to innovative technologies that meet evolving regulatory demands.

Leaders from both companies expressed excitement about the merger, highlighting the benefits of accessing advanced digital tools like predictive maintenance and intelligent asset management. True North’s team will enhance Accenture’s capabilities in automation, cybersecurity, and industrial telecommunications, contributing to a more comprehensive service offering for clients.

With this acquisition, Accenture continues to build its presence in the asset-intensive sectors, following previous acquisitions that aimed to strengthen its consulting and technology services. The integration of True North Solutions is expected to redefine industry standards for energy sector compliance and operational efficiency, benefiting clients across North America.

Reference:

  • Accenture Acquires True North Solutions for Energy Safety
Tags: AccentureacquisitionsCyber NewsCyber News 2024Cyber threatsJuly 2024True North Solutions
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