Benzinga | Apr 7, 2021 08:00AM EDT

Accenture And SAP Announce Collaboration To Co-Develop Asset Management Solutions

Cloud-based solutions and services use AI and analytics to give clients an integrated real-time view of their assets

Accenture (NYSE:ACN) is collaborating with SAP SE (NYSE:SAP) on a unique joint initiative to design, develop and deliver new cloud-based capabilities that strengthen existing SAP(r) Intelligent Asset Management solutions. Accenture is bringing its industry-specific assets and knowledge to extend asset management solution functionality, helping companies in industries such as energy, life sciences and natural resources improve performance by shifting maintenance strategies from reactive to proactive. This will help enable companies to improve operational safety, minimize environmental impact and reduce maintenance costs.