Deloitte acquires intelligence solutions firm AccelTeam of Malaysia

02 April 2020 Consultancy.asia

Deloitte Southeast Asia has acquired Malaysia-based firm AccelTeam, adding fifty professionals to the Big Four’s regional analytics and cognitive practice.

The Southeast Asia division of global professional services firm Deloitte has continued its recent run of bolt-ons and acquisitions with the addition of Malaysia-based intelligence solutions firm AccelTeam – boosting Deloitte’s regional analytics and cognitive (A&c) practice headcount by fifty. AccelTeam founder Steven Yong will join Deloitte as a consulting partner and lead its A&C practice in Malaysia.

“I look forward to nurturing Deloitte’s growth in the A&C space across Southeast Asia, to unlock insights and successfully pursue data-driven strategies for clients,” Yong said. “Widely recognised as a global leader in business analytics, Deloitte Consulting has undoubtedly a breadth of capabilities and time-tested business acumen to help the world’s leading companies identify and solve complex issues.”

Now a 25-year industry veteran, Yong established AccelTeam in 1998, with the firm today specialising in data-driven analytics, location intelligence, machine learning, enterprise data warehouse automation and converged big data platform solutions. AccelTeam’s ‘Location Intelligence’ IP will also pass on to Deloitte, enhancing its in location-based analysis and field-based workforce management offerings.

Deloitte acquires intelligence solutions firm AccelTeam of Malaysia

“Our clients in Southeast Asia are making a fundamental shift from experience-based judgment to data-driven decision making through outcomes-based insights,” said Deloitte Southeast Asia CEO Philip Yuen. “Whether it is for a small-scale programme or an enterprise-wide initiative, they understand the imperative of having smarter insights to maximise business opportunities across the region.”

Deloitte, too, has been maximising its opportunities in the region in recent months through a growing string of additions, beginning late October with the pick-up of human capital firm Presence of IT. The following month, the founders of Singapore blockchain specialist Practical Smarts joined the firm, and so far this year Deloitte has added cyber consultancy SecurePath of Malaysia and Thai digital identity specialist Code QB.

The fifty-strong team joining Deloitte from AccelTeam will continue to be based in Malaysia. “This team hire will enable us to increase bench strength and further enhance Deloitte’s A&C offering with cutting-edge technology in our priority and white space sectors to provide a comprehensive suite of solutions,” said Deloitte Southeast Asia Consulting leader Eugene Ho, praising their deep expertise and credentials as synergistic.