Deloitte buys Oco for BI, analytics

The move will give Deloitte a range of rapidly deployable BI products

Deloitte is upping its hand in BI (business intelligence), announcing Monday that it has bought "substantially all" of the assets of SaaS (software as a service) analytics vendor Oco. Terms were not revealed.

Oco's capabilities include a series of preconfigured BI applications aimed at various functional areas, such as supplier evaluation, inventory performance and product profitability. It also has a range of tools for data extraction and integration, including a Data Exporter tool for SAP systems.

The vendor added a series of enterprise-friendly features in a product update last year, including support for multinational character sets, alerts that tell users in real time if a report they are viewing has become out of date due to new data entered in the system, and an integration with SAP's BusinessObjects BI OnDemand software.

Deloitte plans to use Oco's technologies in its managed analytics practice, giving it the ability to deliver projects that can be turned around quickly, yet still deliver specialization, according to a statement.

The deal is "very interesting" and ties into some current trends, according to Forrester Research analyst Boris Evelson.

"All leading management consultancies and systems integrators are putting BI at the top of their priority list," he said in a blog post Monday. "BI is all about software plus services. There's no such thing as plug and play' BI."

BI is therefore a good fit for any firm with software plus services offerings, "as demonstrated by IBM when it acquired PWC and Cognos, or HP when it acquired Knightsbridge and Vertica," he added.

Also, Deloitte rival Accenture made an analytics acquisition last year with the purchase of SaaS vendor CadenceQuest, Evelson noted.

SaaS BI remains a niche market but one that is growing fast in popularity, especially among smaller companies with not enough staff, time and money for on-premises deployments, Evelson said.

Remaining independent SaaS BI vendors -- and potential future acquisition targets -- include Birst and Pivotlink.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags cloud computinginternetbusiness issuesservicesbusiness intelligencesoftwareapplicationsDeloitteInternet-based applications and servicesOco

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?