Accenture Makes Strategic Investment in Reactive Technologies
Summary
This type of collaboration is key to helping our clients achieve their sustainability and business goals.” Maikel van Verseveld, managing director, Accenture Industry X, added, “Reactive Technologies’ patented measurement solutions and scalable cloud platform, combined with high-resolution edge computing devices, enable a digital network twin for simulating operations. This convergence of communications, information and operating technology embeds new levels of intelligence in the operations of utilities, offering clients untapped potential for making the grid more stable, safe and efficient.” Reactive is now part of Accenture Ventures’ Project Spotlight, a deeply immersive engagement and investment program that targets emerging technology software businesses to help the Global 2000 embrace the power of change and fill strategic innovation gaps. Project Spotlight offers extensive access to Accenture’s deep domain expertise and its enterprise clients, to harness human creativity and deliver on the promise of new technology. Through the program, Reactive Technologies will co-innovate with Accenture and its clients at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to bring solutions to market more quickly and more effectively. Reactive’s services enable TSOs, DNOs and energy market participants to operate more effectively, with lower risk and cost exposure as greater renewable generation is deployed, used and traded across power systems globally.