Accenture targets utilities sector
Management consultancy Accenture isplanning on offering outsourcing services to the embattled US utilities market.
Accenture, the former consulting wing of crumbling firm Andersen, is looking to provide non-core services like customer care allowing the companies to concentrate on their core activities.
The consulting group has already secured two outsourcing deals in Canada and hopes to expand into the rest of North America.
The utilities market has suffered following the collapse of energy trader Enron, after many companies within the sector diversified into energy.
According to the FT, Accenture hopes the new service will cut costs at the companies and help them recover.
Accenture is in talks with four other utilities companies in the US to provide outsourcing services, the paper said.