Deloitte buys Oracle consultancy Focus IT in the Philippines
Following a relatively busy Asia Pacific M&A campaign in 2020, Deloitte has kicked off the new year with an acquisition in the Philippines.
The bolt-on of Focus IT adds a team of around 20 professionals specialised in Oracle advisory and implementation services to its Southeast Asia Consulting practice. “With this strategic move, we can further enhance our Oracle Cloud solutions and drive value for clients across the region,” said Philip Yuen, the CEO of Deloitte in Southeast Asia.
Founded in 2010, Focus IT provides consulting and managed services across the Oracle portfolio. The company is a Gold Partner of the ERP giant, and focuses on functionalities including enterprise resource planning, business analytics and cloud-based working. The Manila-based company has a diverse list of clients in the automotive, consumer products, and financial services sectors within the Philippines and in the region on its roster.
“This team hire will enable us to further scale our local Oracle presence in the Philippines and across the region to support enterprises in their Oracle Cloud journey,” said Eugene Ho, regional managing director of Consulting across Southeast Asia at Deloitte.
Globally, Deloitte is one of Oracle’s leading consulting partners. The two companies have been working together for over 25 years, with Deloitte bagging a raft of accolades and awards for its track record in the process.
In 2020, Deloitte already turned to inorganic growth to beef up its Oracle capabilities in Asia Pacific, when it acquired Melbourne-based Ekulus Consulting in Australia. Meanwhile, across its consulting portfolio, Deloitte poached three smaller firms in the region last year: AccelTeam and cyber security consultancy SecurePath in Malaysia, and Code QB in Thailand.
The integration sees Focus IT founder Grace Ogena join Deloitte as a Executive Director in the Consulting wing. She said: “Joining Deloitte, with its depth of industry and global reach, provides our business with an opportunity for exponential growth and positions us well to help clients transform through disruption and innovation.”