HFS Ranks Accenture the No. 1 IoT Service Provider for the Second Time in a Row

Accenture is the overall winner in the Top 10 Report 2021 for IoT services1 from industry analyst firm HFS Research. The recognition follows Accenture’s top position in the previous HFS ranking of IoT services providers, published in 2019.

For its 2021 report, HFS assessed 15 providers across four criteria groups for IoT services. Accenture holds the top spot in three of the four categories – execution, innovation, voice of the customer – and ranks second in the actionable digital transformation category, which HFS calls OneOfficeTM.2

According to HFS, Accenture is a “transformation partner with large delivery presence and acquisition-led growth strategy” for IoT services. The report recognizes Accenture’s Industry X service with its “cutting-edge IoT skills” and breadth of offerings, for example, smart connected product design and development and intelligent asset management.

The report states that the industrial IoT segment (IIoT) has gained the most traction among the three IoT segments (consumer IoT, industrial IoT and smart city), and manufacturing is the key IIoT vertical. Industry 4.0 is the key reason for the widespread adoption of IoT, as it is one of the building blocks for smart manufacturing.