Accenture Snaps Up Enaxis, Eyeing the Lucrative US Oil & Gas Market

With barely 75 employees, Enaxis is understood to have closely allied with several oil exploration companies in Houston.

Enaxis

Accenture has acquired Enaxis Consulting, a small US management consultancy firm providing digital transformation services to oil & gas as well as airline industries.

With barely 75 employees, Enaxis is understood to have closely allied with several oil exploration companies in Houston. However analysts believe Accenture chose Enaxis for its human talent rather than clients.

Enaxis employees undergo digital training, and many are certified in programs including Agile SAFE, scrum master and digital product adoption.

“Enaxis’ advisory services enable clients to transform their organizations, improve operational efficiency and drive innovation,” Accenture stated in a press release, without revealing how much it paid for the startup.

The Houston-based digital company consults with chief information officers, chief technology officers, chief digital officers and other company leaders on the design and agile implementation of emerging digital technologies and business operating models.

Following the closure of the deal, the Houston firm’s employees will join Accenture units servicing the industries they are specialized in.

Dhiren Shethia, co-founder of Enaxis, says the merger “paves the way for our employees to realize exciting new career paths in digital technology and industry consulting while gaining access to Accenture’s services in strategy, consulting, digital, technology and operations.”

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According to the statement, Accenture is planning to launch a specialized business service for oil and gas companies in the United States, which is now one of the world’s biggest suppliers of oil.

“Our core strength is our people, and we believe we can achieve outstanding synergies together with the Accenture team in the marketplace,” said Jonas Georgsson, another co-founder of the Houston company.

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