We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Accenture (ACN), Microsoft, Duke Team Up For Methane Sensing
Read MoreHide Full Article
Accenture plc (ACN - Free Report) , Microsoft (MSFT - Free Report) and Duke Energy (DUK - Free Report) have collaborated with a view to build a technology platform capable of measuring actual baseline methane emissions from natural gas distribution systems.
The platform’s near-real-time data will help Duke Energy with quick detection and repair of methane leaks so that it can progress further toward its aim of attaining net-zero methane emissions in its natural gas business by 2030.
Accenture, in collaboration with Avanade, its joint venture with Microsoft, will apply analytics, artificial intelligence and cloud computing to design the Microsoft Azure-based platform that will monitor methane emissions using satellites, fixed-wing aircraft and ground-level sensing technology.
Mark Schuler, a managing director in Accenture's utilities practice, stated, “Our work with Duke Energy and Microsoft demonstrates how technology, innovation and artificial intelligence can help address sustainability challenges.”
Notably, Accenture’s shares have gained 38.3% over the past year, outperforming the 30.4% growth of the Zacks S&P 500 composite while underperforming the 44.5% growth of the industry it belongs to.
Another similarly ranked stock in the broader Zacks Business Services sector is TransUnion (TRU - Free Report) . The long-term expected earnings per share (three to five years) growth rate for TransUnion is pegged at 22%.
See More Zacks Research for These Tickers
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Accenture (ACN), Microsoft, Duke Team Up For Methane Sensing
Accenture plc (ACN - Free Report) , Microsoft (MSFT - Free Report) and Duke Energy (DUK - Free Report) have collaborated with a view to build a technology platform capable of measuring actual baseline methane emissions from natural gas distribution systems.
The platform’s near-real-time data will help Duke Energy with quick detection and repair of methane leaks so that it can progress further toward its aim of attaining net-zero methane emissions in its natural gas business by 2030.
Accenture, in collaboration with Avanade, its joint venture with Microsoft, will apply analytics, artificial intelligence and cloud computing to design the Microsoft Azure-based platform that will monitor methane emissions using satellites, fixed-wing aircraft and ground-level sensing technology.
Mark Schuler, a managing director in Accenture's utilities practice, stated, “Our work with Duke Energy and Microsoft demonstrates how technology, innovation and artificial intelligence can help address sustainability challenges.”
Notably, Accenture’s shares have gained 38.3% over the past year, outperforming the 30.4% growth of the Zacks S&P 500 composite while underperforming the 44.5% growth of the industry it belongs to.
Accenture PLC Price
Accenture PLC price | Accenture PLC Quote
Zacks Rank and Other Stocks to Consider
Accenture currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Another similarly ranked stock in the broader Zacks Business Services sector is TransUnion (TRU - Free Report) . The long-term expected earnings per share (three to five years) growth rate for TransUnion is pegged at 22%.