Deloitte hopes to double the size of revenues and staff at newly acquired Cloud consultancy Quattro in the next two years, according to Deloitte national managing partner David Hill.
Hill said Deloitte, one of Australia largest professional services firms with more than $1 billion in annual revenue, would use the recent acquisition to take a leading position in the market by applying Quattro’s expertise to a substantial client base.
He said Quattro was a firm that had particular skills around Salesforce, a very fast growing and successful cloudbased CRM system, which complemented what Deloitte was already doing.
“At this stage it's still relatively embryonic, when you think about it, we are a very significant firm in Australia with a substantial client base,” Hill said.
“So our ability to take Quattro, what they do and their expertise, and apply it to a very substantial client base, that's the real focus for us and we genuinely believe that when we are successful in doing that we can take a leading position.
“I mean Quattro, despite their size, are already one of the leaders around implementing Salesforce.
"So we believe with the size of our technology advisory practice here in Australian we can really accelerate their growth. “
The comments coincide with today’s announcement Deloitte will implement VMware vCloud SuiteEnterprise to meet growing business demands.
This arrangement will see the firm embark into private Cloud as part of a three year IT strategy, which aligns closely with the software-defined datacenter, with VMware aiding in the firm’s implementation of vCloud Suite Enterprise.
Hill said he was very excited about the possibility of growth in the next two years.
“We believe it's an area that will grow significantly and we'll be able to scale the business very strongly over the next few years,” he said.
“It's [growth] difficult to quantify because at the moment Quattro is a relatively small business we would look to double that business within the next couple of years.
“At the moment there are about 20 Quattro staff. We would be scaling that substantially so I could easily see that being 40 or 50 people in the not too distant future.”
Hill said the Quattro purchase was the continuation of a number of transactions in the firm’s technology practice and that there would be more focus on this area in the future.
“We certainly believe the Cloud offers a lot in terms of enhancing our value proposition to our clients and so we will continue to look for opportunities to bolster our expertise with Cloud-based technologies and also looking for opportunities that enhance our ability to serve our small to medium and middle-market clients and offer productivity solutions that enhance their sustainability.
“I think the Cloud and many of the solutions being written for that enable us to do exactly that."