Accenture to Help Q’Max Solutions Drive Growth Strategy with New Digital Technologies, Strategic Sourcing & More Efficient ...
04 March 2015 - 12:03AM
Business Wire
Accenture (NYSE:ACN) announced today a two-year agreement to
provide Q’Max Solutions Inc., an independent, privately-owned
oilfield services company, with strategy and management consulting
services, digital technology and systems integration work to help
Q’Max better execute its growth strategy.
Accenture Strategy and Accenture Consulting teams will help
ensure the smooth integration of newly acquired businesses and
focus on reducing material, equipment and services spending through
a strategic sourcing initiative.
In addition, Accenture will develop shared service operating
models for Q’Max business units and its technology and R&D
functions to enhance teamwork and standardize business practices.
Information Technology work includes local network optimization
within business units and a globally consistent IT infrastructure.
Also, a global enterprise resource planning solution, Microsoft
Dynamics AX, implemented by Accenture and Avanade, will consolidate
various legacy business applications, deliver more efficient data
management and drive greater visibility into business
performance.
The project builds on collaborative work between Accenture and
Q’Max that began in 2014. This first phase created a new digital
supply chain operating model that is on track to deliver improved
global supply agreements with more favorable product purchasing
terms, including price and lead times for drilling fluids that are
most in demand by Q’Max customers. Other improvements range from
the design and implementation of a global cloud infrastructure to
the delivery of consistent end user productivity tools and the
development of a standard suite of global engineering applications
leveraged at well sites serviced by Q’Max.
“In the latest phase of the project, our Q’Max teams are taking
the right steps to realize and sustain the benefits we achieved
last year,” said Chris Rivers, CEO of Q’Max. “In today’s low-price
commodity environment, these benefits are important to our ongoing
growth through greater consistency in product quality and service
innovation.”
“Q’Max is placing digital technologies at the heart of its
business strategy to drive efficiencies and support the company’s
aggressive growth plans,” said Erik Olson, managing director in
Accenture’s energy business. “The company is stretching its
enterprise boundaries by tapping into the latest digital
technologies, such as cloud as a service, and its new digital
supply chain operating model, to prove that lower cost and enhanced
service can go hand in hand.”
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company, with approximately 319,000 people serving
clients in more than 120 countries. Combining unparalleled
experience, comprehensive capabilities across all industries and
business functions, and extensive research on the world’s most
successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The
company generated net revenues of US$30.0 billion for the fiscal
year ended Aug. 31, 2014. Its home page is www.accenture.com.
About Q’Max Solutions
Q’Max Solutions Inc. is a leading global provider of oilfield
services, including drilling and completion fluids, solids control,
water and waste management and other drilling services. Q’Max is a
leading supplier to the oilfield in Latin America, North America,
India and the Middle East. Q’Max employs about 1,500 people
worldwide.
About Avanade
Avanade helps customers realize results in a digital world
through business technology solutions, cloud and managed services
that combine insight, innovation and expertise focused on Microsoft
technologies. Our people have helped thousands of organizations in
all industries improve business agility, employee productivity and
customer loyalty. Avanade combines the collective business,
technical and industry expertise of its worldwide network of
experts with the rigor of an industrialized delivery model to
provide high quality solutions using proven and emerging
technologies with flexible deployment models–on premises,
cloud-based or outsourced. Avanade, which is majority owned by
Accenture, was founded in 2000 by Accenture LLP and Microsoft
Corporation and has 23,000 professionals in more than 20 countries.
Additional information can be found at www.avanade.com.
AccentureGuy Cantwell, + 281 900
9089guy.cantwell@accenture.comorJustyna Devraj, + 44 20 7844 0090+
44 750 012 4567justyna.devraj@accenture.com
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