Deloitte Australia acquired Intellify – an Amazon Web Services (AWS) and Databricks consulting firm with expertise in artificial intelligence (AI), data and machine learning (ML). The financial terms of the deal were announced by the note.
This is technology M&A deal number 463 covered by ChannelE2E today in 2022. View more than 1,000 technology M&A deals involving MSPs, MSSPs, and IT service providers listed here.
Deloitte has been busy on the M&A front – acquiring at least five companies so far in 2022. Key targets include ServiceNow and consulting partners UiPath; Experts in AI and data solutions; and embedded software knowledge. See all Deloitte acquisitions listed here.
Deloitte acquired AI and ML Consulting Expertise
Intellify, based in Sydney, Australia, has 57 employees listed on LinkedIn. The company was AWS Partner of the Year in 2021 and 2019 for data, analytics and machine learning. Moreover, Intellify will be Databricks ’partner of the year in 2022 and 2021 in Australia.
Intellify has more than 40 certified AI/ML developers focusing on clients in verticals such as banking, insurance, energy, government and retail. That team-including Co-CEOs Matt Alamdari and Kale Temple-will move to Deloitte on May 23, 2022. The total Deloitte AI and machine learning team now reaches more than 600 employees across Australia, says the buyer.
Deloitte had substantial expertise in AWS prior to the M&A deal. In fact, the company is ranked in the Top 250 Public Cloud MSPs. Also, the customer was named AWS Customer Experience Partner of the Year in 2020 and GSI Partner of the Year in 2020 and 2021.
Deloitte acquired Intellify: Executive Perspectives
In a prepared statement about the overall AI strategy, Deloitte National AI Leader, Kellie Nuttall said:
“The sky is really the limit when it comes to AI, data and ML, and the potential of technology to drive improved productivity and deliver hundreds of billions of dollars to our economy and future prosperity.
Research at Deloitte shows that more than 90% of Australian executives view AI as essential to staying competitive, and from optimizing the supply chain to over-personalizing the customer and citizen experience, organizations in Australia about the critical role of AI, data and ML technologies. in unlocking new sources of value and driving the next evolution of business innovation in our country.
The pandemic has encouraged the accelerated adoption of AI technologies as businesses and governments move from AI experimentation to AI embedding and scaling in all areas of operation. But it only delivers value when it is put into production and operated as a core organizational system.
The arrival of the highly credited Intellify team will add greater scale and depth of capability to our offerings, due to their deep understanding of the entire AI management lifecycle, and we are excited to bring them to Deloitte. “
Deloitte National Data and AI Leader, Stuart Scotis added:
“Intellify has been successfully delivering high-value solutions for a number of years, and our teams together will offer clients both in-depth technical experience and sector solutions that address these challenges. opportunities such as personalization, value chain optimization and workforce optimization.
As a leader in this space, the move also positions our company as a stronger supporter of Australia’s huge investment in unlocking the country’s AI opportunity. ”
Intellify co-CEO, and soon-to-be partner with Deloitte Consulting, Matt Alamdari, said:
“By simplifying the complexity of creating value from data, we build a competitive advantage for our clients by delivering smarter, faster and more scalable decisions through AI and ML.
“With Deloitte, it’s very much a meeting of minds. The company has a strong existing market presence in Australia and around the world, and our being part of this investment in the future is a logical next step for us and our people. ”
Intellify co-CEO, and soon-to-be Deloitte Consulting partner, Kale Temple, graduated:
“Our team has done a lot in a short period of time – in terms of market presence and the value and opportunity we know we provide to our clients.
“Joining a larger consulting business, and a very strong alliance partner of both AWS and Databricks, is the right step, at the right time, for us.”