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Home Acquisition

Accenture Acquires IQT Group

DigitalCIO Bureau by DigitalCIO Bureau
December 21, 2024
in Acquisition, Tech News
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Accenture has agreed to acquire IQT Group, a provider of engineering managed services for large infrastructure projects, based in Rovigo, Italy. The acquisition will combine Accenture’s generative AI and digital capabilities with IQT Group’s infrastructure projects expertise to help clients plan, execute and manage net-zero infrastructure projects more efficiently.

IQT Group focuses on designing and supervising net-zero infrastructure projects for electricity generation and transmission. The company works closely with utility providers, helping both private and public organizations build and modernize integrated electricity and water networks. It also supports maximizing energy efficiency of industrial and commercial sites, and designs and manages networks for telecom operators.

IQT Group’s recent projects have supported Italy’s clean energy transition under the EU’s National Recovery and Resilience Plan (PNRR), which aims to modernize Italy’s infrastructure and enhance energy efficiency for a net-zero future.

The company’s services cover planning and execution of infrastructure projects, from conducting feasibility studies, handling environmental planning and permits, and setting technical specs, to ensuring efficiency, safety and sustainability throughout the project. Its more than 450 consultants and engineers will join Accenture’s growing infrastructure and capital projects practice within Industry X in Italy.

 

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