TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Summits
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Accenture Newsroom

Tracker

Accenture Closes Acquisition of Cimation, Expanding Consulting, Digital and Cyber Security Services to Better Serve Oil and Gas, Pipeline, Chemicals, Metals and Mining Clients

Via Accenture Newsroom

Dec 21, 2015

December 21, 2015

Accenture Closes Acquisition of Cimation, Expanding Consulting, Digital and Cyber Security Services to Better Serve Oil and Gas, Pipeline, Chemicals, Metals and Mining Clients

HOUSTON; Dec. 21, 2015 – Accenture (NYSE: ACN) announced today that it has completed the acquisition of Cimation, an affiliate of Audubon Companies and an Industrial Internet of Things (IIoT) consulting company known for its work in process automation, information technology (IT) and industrial control system (ICS) cyber security.

The transaction supports the integration of enterprise IT systems and operational technology (OT) needed by resources industries to capitalize on opportunities such as automation solutions, production optimization, asset analytics and ICS cyber security. As a result, companies can better maintain, operate and optimize their wells, pipelines, refineries, chemical plants and mines.

“With Cimation, we further our capability to provide end-to-end services to our customers as they operate and maintain their most important industrial assets,” said Peggy Kostial, Senior Managing Director for Accenture’s North America Resources operating group. “This union with Cimation is our latest step in the execution of our strategy to move beyond enterprise and customer services into asset management and operations, taking advantage of the transformative opportunities driven by the Industrial Internet of Things.”

Cimation’s approximately 200 people, most of whom are located in the United States and Canada, will join the Accenture Asset and Operations Services group.

“We look forward to playing a pivotal role in the delivery of IIoT projects that push the boundaries of the digital revolution as a part of Accenture,” said Jonathan Klein, Co-Founder and Chief Executive Officer, Cimation. “As we further integrate our businesses, Accenture and Cimation share two main objectives: to drive greater value for our clients through the convergence of IT and OT and to provide exciting career opportunities for Cimation’s team of dedicated employees.”

Founded in 2009 in Louisiana with executive offices in Houston and Metairie, Cimation has been included on the Inc. 5000 list of America’s fastest growing companies for four consecutive years, where it ranked number 32 in the energy industry and number 31 in Houston in 2015. It was also number 22 on Forbes’ 2013 list of America’s most promising companies and has received numerous recognitions for its fast growth and business performance, including top rankings in lists of the Houston Business Journal and Control Engineering Magazine.

Terms of the transaction were not disclosed.

Related Topics
  • Accenture,
  • AI, Analytics & Automation ,
  • Announcement,
  • Data & Analytics,
  • Enterprise,
  • Internet of Things,
  • News,
  • North America,
  • Security,
  • Tracker,
  • Zero Touch & Automation

More Like This

Digital Platforms & Services

Amdocs selected by Fastweb for the modernization of its Operations Support Systems

Apr 9, 2021

Security

Telefónica Tech collaborates with Quside and Qrypt to validate new quantum tech in its VDC cloud service

Apr 9, 2021

5G

Verizon & Honda test how 5G enhances safety for connected and autonomous vehicles

Apr 9, 2021

NFV

Network function virtualization accelerates vCPE adoption, tripling the VNF market by 2025

Apr 8, 2021

Access Evolution

CommScope announces plan to spin-off its Home Networks Business into independent public company

Apr 8, 2021

This content extract was originally sourced from an external website (Accenture Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

22:09

How BSS is evolving to support 5G

40:04

How can DSPs accelerate speed to market for new services?

24:04

Supporting the evolution of service provision at BT

41:32

Edge as a driver of new service revenues

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Summits
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
info@telecomtv.com
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices