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Accenture PLC And Siemens Forms Joint Venture To Unlock Full Benefits Of Smart Grids To Improve Energy Efficiency, Grid Operations And Reliability


Tuesday, 15 Oct 2013 07:00am EDT 

Accenture PLC And Siemens announced that they have entered into an agreement to form a joint venture in the smart grid field that will work with utilities to improve energy efficiency, grid operations and reliability. The new company, named Omnetric Group, will provide the energy industry with advanced solutions and services focused on data management and systems integration. These solutions will integrate operational technologies - such as distribution management and real-time grid operations - with IT systems supporting smart metering, energy consumption and work and asset management. Omnetric Group will bring together Siemens' products and solutions; Accenture's management and technology consulting, systems integration and managed-services capabilities. The companies' IT and operational technology solutions and experience in the energy industry will help address a range of challenges faced by energy utilities around the world. 

Company Quote

78.35
0.27 +0.35%
24 Oct 2014