ACN Accenture Plc Class A

Iren Mercato and Accenture Announce Launch of Energy Consumption Monitoring, a Connected Home Service, to Deliver Energy for Consumers

Iren Mercato, the Italian energy utility, has collaborated with Accenture (NYSE:ACN) to launch one of the first connected home services for customers in Italy. Focused on energy-consumption monitoring, it is a first step in creating a new business model beyond the commodities of electricity and gas. By working closely with Accenture to design the new service and operating model, Iren Mercato was able to accelerate it to market.

Iren Mercato customers now have real-time, smart monitoring of their energy usage via mobile and web-based applications with a more engaging consumer experience and improved customer service.

This marks a key step in the broader transformation program Iren Mercato and Accenture are working on, to grow the utility from being a commodity supplier to providing new products and services. Other advances will include home insurance based on the Internet of Things, heating, ventilation and air conditioning, PV solar panels and advanced solutions for remote energy monitoring and control.

“This collaboration will aid us in our goal of delivering innovative services tailored to individual citizens to create a consistent, durable new business going forward, which is a key part of our 2021 business plan,” said Gianluca Bufo, CEO, Iren Mercato. “We selected Accenture for this program due to its ability to deliver end-to-end capabilities, digital solutions and its deep industry knowledge, which are key to bring new services to customers quickly.”

Accenture Strategy is conducting market analysis on an ongoing basis to help define and design new products and services, while Accenture Consulting and Accenture Technology are teaming to implement the new operating model and the enabling technologies. Accenture Operations is providing business process services to Iren Mercato.

“Italian energy consumers are increasingly seeking more efficient and innovative services, and Iren Mercato is taking an early leadership role in providing them in the northwest of Italy, aiming to be among the first European utilities to identify the successful business model,” said Pierfederico Pelotti, managing director, Accenture Utilities, Italy, Central Europe and Greece, Accenture. “They are making these advances at just the right time, as new distributed energy sources open up further opportunities to create new revenue streams.”

About Accenture

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 approximately 384,000 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.

EN
16/11/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Accenture Plc Class A

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Accenture Plc: 1 director

A director at Accenture Plc sold 6,057 shares at 241.225USD and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : Shift to more favourable cycle to ease AI pressure on sector va...

While we do not deny the uncertainties and risks associated with artificial intelligence (pricing pressures, organisational change, etc.), we remain constructive on this issue, given the significant volume opportunities in prospect for the sector with the integration of agentic AI. Moreover, improving growth momentum in 2026 should reduce pressure on sector valuations (discount >30% vs Stoxx 600 vs a premium of 10% four years ago). On this basis, we have upgraded Bechtle (Outperform vs Neutral),...

Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : L’entrée dans un cycle plus favorable devrait réduire la pressi...

Sans nier les incertitudes et risques liés à l’IA (pressions tarifaires, changements organisationnels, etc.), nous restons constructifs sur cette thématique tant les opportunités de volumes autour de l’intégration de l’IA agentique sont importantes pour le secteur. D’autant plus que l’amélioration de la dynamique de croissance en 2026 devrait permettre de réduire la pression sur les valorisations du secteur (décote >30% vs Stoxx 600 contre une prime de 10% il y a 4 ans). Dans ce contexte, nous r...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch