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support for multinational character sets, alerts that tell users in real time if a report they are viewing has become out of date due to new data entered in the system, and an integration with SAP's BusinessObjects BI OnDemand software.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 Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesInternet-based applications and servicesapplicationsOcosoftwarecloud computinginternetbusiness intelligenceDeloitteservices

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

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

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?