Proving the Business Case for the Internet of Things

Siemens and Accenture smart grid venture enters Brazil

Steve Rogerson
October 6, 2015
Accenture and Siemens have announced that their joint venture company Omnetric, focused on smart grid products, is to expand operations to Brazil and, in future, throughout Latin America.
Omentric, formed in 2014 and based in Munich, brings together Siemens’ products with Accenture’s management and technology consulting, systems integration and managed-services capabilities. This combination provides the energy industry with ways to help obtain greater reliability and efficiency of grid networks.
The services offered allow an efficient and customised integration of IT systems supporting smart metering, energy consumption and work and asset management with operational technologies (OT), such as distribution management and real-time grid operations. This provides for more transparent and integrated management of network applications.
"By combining the strengths of Siemens and Accenture, Omnetric brings the highest level of expertise and execution to a rapidly changing global market," said Maikel Van Verseveld, chief executive officer of Omnetric. “In Brazil, we will have a dedicated structure, with highly-skilled and global support to meet the highest demands of the Brazilian market.”
The company will begin operations in Brazil later this year. Once operational, it will be based in the city of Belo Horizonte, which is also a hub for Siemens smart grid research and development and an Accenture office location.
"The launch of Omnetric in the country will help meet the growing local market demand for advanced solutions that facilitate smart grid management,” said Adriano Giudice, managing director of Accenture’s utilities industry group in Brazil. “Through effective convergence of IT and OT, these solutions will help Brazilian utilities to better integrate new technologies, such as renewables and microgrids, into electricity networks. They will also help to improve grid operations with reduced costs and increase capital effectiveness by enabling more-informed business decisions based on real-time data from the grid.”
Through a system integration platform, the services offered were demonstrated by Siemens at the Latin American Utility Week in Sao Paolo last month. Visitors could see the potential benefits that the integration of IT and OT can bring from better management, monitoring, diagnosis and planning of power distribution networks.
"We believe that no other company will be able to help manage this integration better than Omnetric, which brings together in a single organisation the best industrial know-how and deep experience in IT," said Guilherme Mendonca, senior vice president of Siemens’ energy management division in Brazil. “The arrival of Omnetric in the country reinforces the commitment and future vision of the opportunities for Siemens related to the development of Brazil.”
Siemens has been present in Brazil for over a hundred years and is currently the largest conglomerate of electrical and electronic engineering in the country. The Siemens group has 12 plants and seven research and development centres throughout the country.