HFS ranks Accenture the topmost service provider for Industry 4.0 and IoT

Nigel Stacey of Accenture

Accenture was ranked topmost in two recent reports by industry analyst firm HFS Research. The first report covers services providers for Industry 4.0; the second assesses service providers for the Internet of Things (IoT).

According to HFS Research, Industry 4.0 — also called the fourth industrial revolution — is the growing effect automation and data exchange technologies have on manufacturing. These technologies can make manufacturing more productive, reduce its cost, help get products and services to the market quicker and personalise them for a large number of customers.

“The ongoing digitisation deeply affects industrial companies on many levels,” said Nigel Stacey, global lead of Accenture Industry X.0. “Technologies like the IoT shift the value of a product from hardware to software. They also enable industrial facilities that are more and more autonomous. These are significant changes, so companies look to service providers for answers and support. Our double recognition by HFS shows Accenture has become the prime address for businesses wanting to take full advantage of Industry 4.0.”

IoT has become the most critical lever for Industry 4.0 as it forms the backbone for most of the other Industry 4.0 technologies applications, according to HFS. IoT services “either save or make money for a client by employing connected sensors attached to ‘things’ (…) to determine their current state or how their state has changed with time,” based on the data the sensors generate.

“Intelligent devices, industrial facilities, vehicles, and homes all run on the IoT,” said Craig McNeil, a managing director at Accenture Industry X.0. “But to drive real value from it, companies need to treat it like one tool in a toolbox and use it in conjunction with other important tools, such as advanced analytics and artificial intelligence.”

Tapati Bandopadhyay

“Accenture leads the way on taking clients towards Industry 4.0, which is a complex concept comprising technical advancements in manufacturing, emerging technologies and applications,” said Tapati Bandopadhyay, research vice president, HFS Research. “Instead of a tech-focused, piecemeal projects view, Accenture takes a holistic, business-first approach that adopts best practices to drive clients’ transformation from traditional to digital.”

Details from both reports

The HFS Industry 4.0 Service Providers 2019 report lists the following Accenture strengths:

  • Accenture’s Industry X.0 practice is a partner for the holistic digital transformation of manufacturing, from product and services development and engineering to production, operations and supply chains.
  • Accenture has the highest number of Industry 4.0 professionals of the providers evaluated.
  • The company has the most clients for Industry 4.0 of companies across North America, Europe and the Asia-Pacific region.
  • It also has the highest number of Industry 4.0-related patents.
  • Accenture has increased its industry and technology competency with several successful acquisitions in the Industry 4.0 sector.

According to the HFS IoT Service Providers 2019 report, Accenture’s IoT strengths include:

  • Its technical knowledge of how to engineer IoT devices and use IoT data;
  • Its experience with IoT projects in the following industries: telecommunications, media, high tech, chemicals, energy, utilities, automotive, manufacturing and industrial equipment;
  • Its collaboration on IoT services with leading technology providers and industrial companies;
  • Its more than 40 IoT solutions that clients can quickly apply to, for example, mines, chemical plants, construction sites, ports, acreages and vehicle fleets.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

Siemens closes Brightly acquisition, elevating software offering for building operations

Posted on: August 5, 2022

Siemens Smart Infrastructure (SI) has completed the acquisition of Brightly Software, a U.S.-based software-as-a-service (SaaS) provider of asset and maintenance management solutions. The acquisition elevates SI to a position in the software market for buildings and built infrastructure. It adds Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing –

Read more

Visteon technology enriches the quality of automotive display graphics

Posted on: August 5, 2022

Van Buren Charter Township, United States. 03 August, 2022 – Visteon Corporation, a global technology company serving the mobility industry, has developed an integrated system that dynamically improves the vehicle display contrast ratio. The company’s solution uses proprietary advanced algorithms to control the full array local dimming display. A matrixed array of LEDs behind the

Read more
FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox