Eneva partners with Accenture and Google Cloud for tech modernization

SÃO PAULO - Brazilian energy provider Eneva is collaborating with Accenture (NYSE:ACN), a prominent IT services player with a market capitalization of $157.75 billion, and Google Cloud to modernize its operations through cloud, data, and artificial intelligence technologies, according to a press release statement. According to InvestingPro data, Accenture maintains strong financial health with steady revenue growth of 6.21% over the last twelve months.

The multi-year initiative has already migrated Eneva’s infrastructure to Google Cloud, integrating data from cloud operations with exploration and production data sources. This integration is helping the company optimize asset management maintenance and scheduling, reportedly enabling maintenance operators to complete tasks in half the time previously required.

As Brazil’s largest private natural gas operator, Eneva is utilizing Google Cloud’s Gemini 2.5 and optimization tools alongside Accenture’s industry expertise to analyze data from various corporate and operational systems.

"We’re not only seeing potential in the combination of cloud, data and AI—we’re already experiencing its transformative power across our business," said Alexandre Ferreira, Chief Information Officer at Eneva.

The collaboration comes as Brazil’s energy market faces growing consumer demand and increased investments in data centers and AI services, creating new requirements for modernized operations.

Eneva currently operates 15 natural gas fields in the Parnaíba and Amazonas basins, holding Brazil’s largest concession area of over 63,000 km². The company’s generation portfolio includes 6.8 GW of contracted capacity, with thermal power plants across multiple states and the Futura Solar Complex in Bahia.

The ongoing partnership aims to help Eneva continue optimizing operations and supporting future growth in Brazil’s evolving energy market. Currently trading near its 52-week low, Accenture’s stock presents an interesting opportunity for investors. InvestingPro subscribers can access detailed analysis and 8 additional key insights about Accenture’s market position and future prospects through the comprehensive Pro Research Report, available exclusively on the platform.

In other recent news, Accenture has announced its acquisition of Toronto-based IAMConcepts, enhancing its identity and access management services across various industries in Canada. Additionally, Accenture has acquired UK-based MomentumABM, a consultancy specializing in account-based marketing strategies, which will be integrated into Accenture Song. This acquisition will bring approximately 90 specialists to Accenture’s team, further strengthening its B2B marketing capabilities.

Accenture has also made a strategic investment in CLIKA, an AI compression platform, to boost its intelligent edge capabilities and accelerate AI deployment for edge devices. In terms of analyst evaluations, Rothschild Redburn has downgraded Accenture’s stock rating from Buy to Neutral, citing concerns about growth in non-AI business areas. Meanwhile, TD Cowen has lowered its price target for Accenture to $313, maintaining a Buy rating but expressing concerns about fiscal year 2026 guidance. These developments reflect Accenture’s ongoing efforts to expand its technological capabilities and adapt to market conditions.

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