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Deloitte Buys Day1

March 29, 2017

Deloitte has made significant investments in its cloud services, providing clients with an advanced set of analytic and cognitive capabilities to enable their digital transformation. Investments include the acquisition of substantially all of the assets of Day1 Solutions Inc. ("Day1"), an innovative cloud consulting firm; the addition of 3,000 new, U.S.-based high-tech engineering jobs; and the opening of new cloud studios across the country.

"Cloud is the backbone of innovation and a conduit for clients to reimagine how they do business," said Ranjit Bawa, principal, Deloitte Consulting LLP. "For years, we've helped our clients view cloud integration as a critical driver for business transformation. By adding these significant investments to our portfolio, our clients will have access to deeper cloud expertise and even more innovative capabilities, as well as the talent they need to help them thrive in a fast-moving digital economy."

The services of Day1's team will further enhance Deloitte's cloud capabilities and accelerate its collaboration with leading cloud platforms in the market. Day1's customer base extends across commercial industries and government agencies, with significant success in the public sector.

"As one of the largest professional services organizations in the world and a recognized leader in applying new technologies to businesses, Deloitte provides the reach and expertise needed to share our award-winning cloud solutions with a diverse client roster," said Luis Benavides, founder and CEO of Day1. "At the end of the day, our commitment to clients is to harness the power of cloud to accelerate their digital transformation."

Deloitte is also amplifying the value of cloud by adding 3,000 new engineers over the next year to help organizations integrate, streamline and manage business operations in the cloud. This group will focus on innovating cloud technologies to accelerate and enhance the depth of analytics and cognitive solutions available to customers. The majority of these new engineers will operate out of three new cloud studios to be opened in Orlando, New York and Washington, D.C., over the next year, expanding the existing network of 44 Deloitte Digital studios worldwide.

"The growth of cloud computing has skyrocketed over the last few years according to Synergy Research Group, $148 billion in 2016 and growing 25 percent annually. Cloud capabilities are the great enablers of digital transformation and there's a strong demand from clients to help them innovate their businesses with new cloud-based platforms," added Bawa. "These strategic investments help strengthen Deloitte's cloud-based solutions by providing clients with a full spectrum of digital, analytics and enterprise cloud services that ultimately power business agility and growth in a cloud-driven world."

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