KCRA Corner: Accenture and the SBC Acquisition

Going to market through deeper Industry specialization, alliances and digital solutions are among several trends highlighted by Kennedy Consulting Research and Advisory affecting strategy and operations (S&O) consulting providers.

| October 12, 2015

Naima-Hoque

Going to market through deeper Industry specialization, alliances and digital solutions are among several trends highlighted by Kennedy Consulting Research and Advisory affecting strategy and operations (S&O) consulting providers. Accenture's recent move to acquire Schlumberger Business Consulting (SBC), the management consulting arm of the world's largest oilfield service provider, Schlumberger, illustrates these trends.

The deal rationale behind Accenture's acquisition of SBC is to strengthen its ability to assist upstream oil and gas companies beyond its core offering in digital-driven transformations toward more strategic services including strategy alignment, portfolio optimization and operations excellence (from drilling management to production optimization). SBC's deep industry knowledge, technical abilities and operations experience in the upstream energy sector will further Accenture Strategy's goal of extending and deepening its industry-specific strategy consulting services.

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