Reliam acquires Stratalux as tech consulting M&A trend gathers pace

18 May 2018 Consulting.us

Reliam LLC and Stratalux – two leading Los Angeles-based cloud consulting firms – have merged to create a Southern California powerhouse offering more than 100 mid-market clients cloud transformation and strategy services.

Reliam’s acquisition of Stratalux was funded by an ongoing investment from Great Hill Partners – a Boston-based firm private equity firm that has committed $75 million to Reliam’s future. Stratalux’s strong customer referrals and deep technical expertise made the Managed Services Provider (MSP) a leading candidate for what is expected to be a continuing series of acquisitions by Reliam.

With 17 years of industry experience under its belt, Reliam is a trusted name in the AWS Managed Services space. The consulting firm recently installed Simon Anderson – who served as Entrepreneur-in-Residence with Great Hill Partners – as CEO. Flush with private equity funds, Anderson hopes to scale the company upwards, acquire smaller fish, and develop expertise in machine learning, AI and serverless computing.

Founded in 2010, Stratalux lacks the pedigree of Reliam but is no newcomer to a quickly evolving niche market. The firm helps its clients manage solutions built on Amazon Web Services, offering particular expertise in AWS and DevOps technologies. By joining forces, Reliam and Stratalux expect to offer clients in the media & entertainment, ecommerce, mobile games, and digital marketing industries improved costs, flexibility, and product development services. 

Reliam acquires Stratalux as tech consulting M&A trend gathers pace“We have been impressed with Stratalux’s successes in the AWS cloud services ecosystem, and our teams are really excited to be joining forces,” said Anderson. “Our combined team and expert insights will enable our customers to rapidly leverage the latest innovations in cloud computing services, including serverless computing, artificial intelligence, and machine learning.”

“We’ve long viewed Reliam as a respected colleague that approaches cloud consulting and managed services with the same dedication and customer-centric viewpoint as we do,” commented Jeremy Przygode, CEO & Founder of Stratalux, on the merger. “We really look forward to combining our talents and capabilities, as we grow together to improve on the cloud-centric advantages we deliver for customers.”

The deal comes amid a flurry of M&A activity in the IT and MSP consulting space. RSM recently announced the acquisition of Explore Consulting – an Oracle NetSuite solutions provider. In April 2018 NTT Communications – a global IT consultancy and subsidiary of Japan’s largest telecommunications company – snapped up Michigan-based MSP consulting specialist Secure-24.

×

Deloitte to collaborate with Google Cloud on raft of new solutions

17 April 2019 Consulting.us

Accounting and consulting firm Deloitte will work with Google Cloud to create an array of solutions for the life sciences and healthcare, financial services, and retail sectors. The announcement was made at the annual Google Cloud Next conference in San Francisco.

Deloitte has an especially strong partnership with Google Cloud, having been named its Global Services Partner of the Year for two years running. Google Cloud is among the leading enterprise cloud platforms, alongside the offerings of industry heavyweights such as Amazon, Microsoft, and IBM.

Deloitte currently provides a number of industry-specific solutions build on the Google Cloud platform, targeting areas like big data and analytics, machine learning, application services, SAP, and security. Deloitte leverages its existing technology and industry-specific expertise to build solutions on Google’s powerful open-source software. It’s a common exercise for many consulting firms – turning the raw material of a platform or ecosystem into a useful finished product for diverse clients, possibly as part of a wider overall advisory package.Deloitte to collaborate with Google Cloud on raft of new solutionsThe consulting firm will now deliver new Google Cloud solutions to clients in three pivotal sectors. In life sciences and healthcare, Deloitte will offer solutions targeting biomedical research, operations optimization, and healthcare data modernization. Within financial services, the firm will help banking, insurance, and investment management companies convert ideas into profitable strategies though Google’s high-performance computing and applied AI. Deloitte will also offer leading-edge solutions to help detect financial crimes.

The retail sector, meanwhile, will be able to benefit from advanced consumer insights and engagement, more connected supply chains, and efficient and modern commerce infrastructure.

"We are thrilled to make this commitment with Google Cloud to bring the power of its leading technologies to our enterprise clients," Janet Foutty, chair and CEO, Deloitte Consulting and chair-elect, said. "Together, we plan to transform operating models across these key sectors by harnessing the power of cloud technologies and the extensive industry-specific knowledge and experience of our practitioners."

Thomas Kurian, Google Cloud CEO, added, “Deloitte's reputation for enterprise transformation makes them an ideal teammate for us as we expand our cloud into new industries and with the world's biggest customers. Industries from health care to financial services to retail share a need to modernize – quickly. We're excited to join with Deloitte and deliver solutions and technology to help them do just that."

Related: KPMG and Google join forces to bring Industry 4.0 solutions to clients