Accenture Acquires Enaxis Consulting; Gains IoT, Digital, Energy Expertise
Accenture has acquired Enaxis Consulting, a Houston-based digital consulting firm with experience in IoT, analytics, and robotics across the oil, gas and airline industries, the companies confirmed today. Financial terms were not disclosed.
Enaxis serves Fortune 500 companies — working closely with CIOs, CTOs and chief digital officers, Accenture asserts. Typical digital project engagements include advanced analytics, robotic process automation and the Internet of Things (IoT). Enaxis team members specialize in Agile SAFE, scrum master and digital product adoption.
Deloitte veterans Dhiren Shethia and Jonas Georgsson founded Enaxis in 2002. The duo wanted to deliver high quality, trusted guidance without charging “obnoxiously” high rates, according to the Enaxis website. The first company tagline was “Big Five at Half the Price” — a jab at big, expensive consulting firms at the time. We’ll be watching to see if that culture remains intact under Accenture’s ownership.
Enaxis also avoided traditional terms like partner and reseller in order to remain customer-centric rather than vendor centric. Still, the company does work with key technology companies — including Antuit, Automation Anywhere, DataRobot, Red Hat, Ruths.ai, SynchroNet, Tecnics and UiPath, the Enaxis website indicates.
Accenture, Enaxis Executive Perspectives
Describing the deal, John Downie, a senior managing director at Accenture who leads its Energy practice in North America, said:
“We’re delighted to join forces with this very talented Enaxis team, which will advance our plans for growing our oil and gas business in North America by helping clients with end-to-end transformation services. We look forward to building on targeted business services for core oil and gas areas including drilling and completions, production operations and asset portfolio optimization.”
“We are very excited about teaming up with Accenture, which is a strong strategic fit and will help clients achieve game-changing digital transformations on a larger scale. Our combination also paves the way for our employees to realize exciting new career paths in digital technology and industry consulting while gaining access to Accenture’s services in strategy, consulting, digital, technology and operations.”
“Our core strength is our people, and we believe we can achieve outstanding synergies together with the Accenture team in the marketplace.”
Enaxis has roughly 75 employees, all of whom are joining Accenture, including Shethia and Georgsson, Accenture has informed ChannelE2E in response to our questions about the deal.
Accenture Mergers, Acquisitions, Investments
Accenture in recent months has made numerous acquisitions as part of its $1 billion M&A push across digital, cloud and security services.
Other recent Accenture deals include:
- November 2018: Investing in Financial Analytics Company Quantexa
- November 2018: Acquiring Adobe Partner Kaplan
- November 2018: Acquiring US-based SAP partner Intrigo Systems.
- November 2018: Buying Kolle Rebbe, a digital media agency.
- October 2018: Acquiring DAZ Systems to bolster its Oracle cloud services business.
- August 2018: Buying Mindtribe and Pillar Technology to help expand its Industry X.O digital practice.
- July 2018: Acquiring Kogentix for big data analytics and AI offerings.
- May 2018:Acquired Oracle partner Certus Solutions.
Accenture is scheduled to announce its latest quarterly results on December 20, 2018.