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Helping companies in Asia Pacific benefit from technology innovations

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World Coal,

Accenture, a global management consulting, technology services and outsourcing company, has opened an Internet of Things Centre of Excellence for Resources in Singapore to help companies renovate their businesses through a combination of extensive industry experience and innovative technologies.

The centre’s foundation client will be Rio Tinto and the centre will house an innovation hub for the company. It will provide help in industries, such as help agriculture, forestry, metals, mining, oil and gas, chemicals and utilities companies, helping businesses capitalise on innovation, new digital services and business models.

Through the centre, Accenture plans to hone the skills of up-and-coming leaders and collaborate with knowledge partners including universities, research institutes and technology companies in Singapore.

Rachael Bartels, Natural Resources Global Industry Managing Director for Accenture, commented: “As a robust international trade hub and base for some of the world’s top commodities producers, shippers and logistical supply chain firms, Singapore is uniquely placed for companies to use technologies to achieve cost reductions, efficiencies and productivity gains, and more importantly, to generate new revenue streams.”

Over 30 researchers, scientists and engineers will be employed. These key figures will bring with them extensive experience in industry and technology domain areas, including machine learning, cognitive computing, IoT sensor telemetry, advanced machine-human visualization, IOT security and business integration.

Jean-Marc Ollagnier, CEO of Accenture’s Resources operating group, stated: “As resources industries navigate commodity price cycles and challenges around talent shortages and rising production costs, digital technology provides a way to gain competitive advantage. This is the reason the centre is here, to help customers navigate any type of business cycle and pursue long-term growth.”

The centre was greeted with a positive outlook by Yeoh Keat Chuan, Managing Director of the Singapore Economic Development Board (EDB) – highlighting it as a key milesyone for EDB and Accenture.

Chuan explained: “We are delighted that Accenture has established its first global Internet of Things Centre of Excellence for Resources in Singapore. Today, Singapore is already Asia’s largest commodity trading hub, conducting key trading, financing and supply chain management activities. Accenture’s centre of excellence will further deepen the presence of resource companies here by helping them harness IoT capabilities and develop new technology solutions. This will generate exciting career opportunities for Singaporean digital researchers, scientists and engineers.”

Edited from press release by Harleigh Hobbs

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