A new press release reports, “Accenture and Snam, one of the world’s leading energy infrastructure companies, have signed a memorandum of understanding to study and assess solutions based on Internet of Things (IOT) technologies to boost innovation and sustainability of energy networks as part of the global strategic push towards an energy transition. On hand to finalize the agreement was Accenture CEO Julie Sweet, Snam CEO Marco Alverà and Accenture Italia Chairman and CEO Fabio Benasso. The collaboration is part of a broad initiative by Snam — dubbed ‘SnamTec, Tomorrow’s Energy Company’ — that calls for investments of over €1.4 billion in innovation and energy transition by 2023 involving everything from the application of new technologies to increase the networks’ sustainability to a commitment to green sectors such as sustainable mobility, renewable gas, hydrogen and energy efficiency.”

The release continues, “Accenture and Snam will research and assess solutions for internet-connected devices and other technologies — such as machine learning and artificial intelligence, edge and fog computing and advanced analytics — to optimize the monitoring and maintenance of infrastructure to make it smarter and more sustainable, generating a positive impact on surrounding regions and communities. Another objective of the collaboration will be to carry out analyses on the growing role of renewable gases such as biomethane and hydrogen on the energy mix of the future.”

Read more at Business Wire.

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