IRio Tinto, a global diversified mining company, will move to a ground breaking information systems and technology (IS&T) delivery model, partnering with Accenture (NYSE: ACN) to shape and deliver the transformation.  The new model will migrate core enterprise IS&T systems to an “As-a-Service” solution based in the cloud. It also incorporates consumption based pricing to ensure costs are fully flexible and in line with business demand.

The program will include the modernization of Rio Tinto’s existing enterprise resource planning (ERP) and Information Management (IM) platforms, consolidating and hosting these applications in the public cloud.  Under the terms of the agreement, Accenture will also manage the maintenance and upgrade of this application landscape and related infrastructure and transform the global service desk and site support functions.  Managed via the Accenture Cloud Platform, and adopting a public cloud first policy, the solution will accelerate Rio Tinto’s journey towards a truly digital business.

Rio Tinto expects to directly benefit from significant cost savings through increased business agility and cost flexibility inherent in cloud services, and from continued lower infrastructure prices in line with cloud economic trends. The solution is based on a platform for innovation – including a co-located innovation centre in Singapore – and a long-term commitment to partnering.

About Accenture:  Accenture is a global management consulting, technology services and outsourcing company, with more than 323,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.  The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014.

Source:  Accenture Press Release