Accenture acquires True North Solutions

Accenture has acquired True North Solutions, a Calgary-headquartered provider of industrial automation, instrumentation and electrical engineering services to clients in the oil, gas and mining sectors.

Under the terms of the deal, True North’s team of 95 professionals will join Accenture’s ‘Industry X’ digital engineering and manufacturing service.

The acquisition expands Accenture’s expertise in operational technology (OT), i.e. hardware and software for running and controlling equipment and facilities, to support the safe and efficient production and transportation of energy resources.

The firm plans to help clients connect OT to enterprise information technology (IT) systems to optimize the output of their existing equipment and facilities through the use of real-time data analytics. Accenture will also worth with the True North team to engineer and commission new field operations and facilities, where OT and IT will be integrated and processes digitized from the start.

“True North brings boots-on-the-ground understanding of how to design, build and commission our clients’ critical assets and infrastructure,” says Adam Foster, Accenture Canada’s energy portfolio leader. “We are combining their unique expertise with our advanced digital capabilities, such as digital thread, predictive maintenance and intelligent asset management, to improve the performance and safety of our clients’ field operations.”

“We will help clients benefit from transformative technologies, such as generative and predictive artificial intelligence (AI), through digitally enabled field operations,” adds David Morgenstern, president of Accenture Canada. “Smart operations mean greater productivity and predictability. We’re pleased to be advancing these capabilities in Canada.”

The deal follows Accenture’s acquisition in 2022 of manufacturing automation and robotics provider Eclipse Automation, based in Cambridge, Ont.