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Accenture acquires IQT Group to boost energy infrastructure

Accenture and the IQT Group: a step towards the energy transition

Accenture recently announced its intention to acquire the IQT Group, an engineering services provider based in Rovigo, specialized in the management of infrastructure projects. This strategic move is part of the growing need to modernize energy infrastructure and to support the transition to a low-carbon economy. The combination of Accenture’s digital expertise with the IQT Group’s experience promises to create significant synergies in
the sector.

The skills of the IQT Group

The IQT Group is a key player in the design and management of infrastructures for the generation and transmission of electricity. His experience extends to the construction and modernization of electricity and water networks, as well as to the optimization of energy efficiency in various sectors, including construction and industrial. With more than 450 consultants and engineers joining the Accenture team, this acquisition represents a major expansion of Accenture’s infrastructure capabilities
.

Objectives and future prospects

Accenture aims to support organizations in the utilities, energy and telecommunications industries, helping them implement digital solutions to improve the efficiency of their infrastructure projects. Teodoro Lio, CEO of Accenture Italia, emphasized the importance of this acquisition in strengthening Accenture’s position in the Italian market, helping to build a more sustainable energy system. The integration of the IQT Group’s skills will make it possible to face the challenges related to the energy transition and to achieve the net-zero objectives established by
the European Union.

A growth environment for Accenture

In recent years, Accenture has expanded its presence in the infrastructure project management sector, with strategic acquisitions that include companies such as Anser Advisory and Comtech. The acquisition of the IQT Group marks the sixth transaction of its kind in Italy in 2023, highlighting Accenture’s commitment to strengthening its expertise in key sectors for the country’s economic growth. With the approval of the competent authorities, this acquisition could represent a turning point for the future of infrastructure in Italy.

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