Accenture Acquires True North Solutions to Help Clients Produce Energy More Safely and Efficiently

CALGARY, Alberta–(BUSINESS WIRE)–Accenture (NYSE: ACN) has acquired True North Solutions, a provider of industrial engineering solutions headquartered in Calgary, Alberta, to help clients produce and transport energy more safely and efficiently.

True North Solutions expands Accenture’s expertise in operational technology (OT) for clients in the oil and gas and mining industries. OT is the hardware and software systems with which companies run and control physical equipment and facilities, such as pipelines, refineries, plants and mines. Accenture will help clients better connect their OT to their enterprise IT systems, for example, to optimize the output and safety of existing equipment and facilities through real-time data analytics. Accenture will also work with the True North Solutions team to engineer and commission new field operations and facilities where OT and IT are seamlessly integrated and processes are digitized from the start.

“True North Solutions brings boots-on-the-ground understanding of how to design, build and commission our clients’ critical assets and infrastructure,” said Adam Foster, Accenture Canada’s Energy Portfolio leader. “We are combining True North Solutions’ unique expertise with our advanced digital capabilities, such as digital thread, predictive maintenance and intelligent asset management, to improve the performance and safety of our clients’ field operations.”

David Morgenstern, president of Accenture in Canada, said: “In welcoming True North Solutions to our Industry X and Resources team at Accenture, we will help our clients benefit from transformative technologies such as generative and predictive AI through digitally enabled field operations. Smart operations means greater productivity and predictability, helping clients operate with increased efficiency and safety, and we’re pleased to be advancing these capabilities in the industry and in Canada.”

Blair Hanel, CEO of True North Solutions, commented: “By joining Accenture, we’re giving our clients in North America access to Accenture’s digital leadership in areas such as cloud, data and AI, and global scale, which will help them advance their businesses. Our teams will benefit from the opportunity to grow and deepen their careers in one of the world’s most innovative, inclusive and global organizations.”

True North Solutions’ services encompass engineering and commissioning, industrial automation solutions, enterprise asset management, OT cybersecurity, and digital infrastructure for industrial telecommunications. They bring a team of 95 experts in automation, instrumentation and electrical engineering to Accenture, who will join the company’s digital engineering and manufacturing service, Industry X.

Other acquisitions Accenture has made in Canada to build capabilities for asset-intensive companies include Comtech Group, a consulting and program management company for infrastructure projects, and Eclipse Automation, a provider of customized manufacturing automation and robotics solutions.

Terms of the transaction were not disclosed.

Forward-Looking Statements

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About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

Contacts

Stephanie Malcolm

Accenture

+1 416 641 3214

stephanie.malcolm@accenture.com

Jens Derksen

Accenture

+49 175 57 61393

jens.derksen@accenture.com

Guy Cantwell

Accenture

+1 281 900 9089

guy.cantwell@accenture.com