Accenture acquires Davies Consulting to expand offerings to utilities

Written By: Stratton Report
March 1, 2017

Accenture

On March 1, Accenture announced the acquisition of Davies Consulting, an provider of utility asset management, risk management, grid and pipeline network modernization and emergency management services. Per the firm, Davies Consulting’s employees will be part of the Digital Asset Management group in Accenture’s transmission and distribution practice.

Accenture stressed that its utilities industry practice includes consulting and end-to-end digital asset management services, which complements Davies Consulting’s focus on utility operational risk management, asset investment and emergency preparedness and response. Accenture hopes that both the practices will help utility clients optimize their operations and improve enterprise resiliency to hazards and threats.

Tony Masella, managing director, who leads Accenture’s North America utilities practice remarked: “Our utilities business is already the industry leader in grid services. Joining with Davies Consulting will further strengthen our ability to help utility clients manage energy delivery by integrating technology analytics and processes. Together, we will provide a full suite of asset management solutions to serve the rapidly evolving needs of the industry. As regulators focus more on asset failure prediction and prevention, in addition to managing the consequences of asset failures, now is the time for a more integrated approach to digital asset management solutions.”

According to Accenture, the acquisition is its latest transaction in the utilities sector following its combination in 2015 with Structure, a leader in grid operations.

We look forward to joining forces with Davies Consulting to provide our clients with innovative asset management solutions and to create growth opportunities for our people,” said Bill Ernzen, managing director, who leads Accenture’s transmission and distribution practice in North America. “Davies Consulting brings a team of professionals with deep utility industry expertise that will complement and expand our capabilities and talent. 

Grant Davies, Davies Consulting’s founding partner, noted: “Joining with Accenture will enable our team to do more of what we do best. Our team will continue supporting strong connections between our utility clients’ strategic business goals and day-to-day operational decision making. We’re excited to add Accenture’s end-to-end business and technology services to our toolbox, and we’re confident that our shared commitment to client service, delivery quality and industry specialization will continue to differentiate us in this market.”