On the 23rd of October, Deloitte Australia announced that Presence of IT’s founders, higher management team and employees will join Deloitte Australia’s Human Capital Consulting practice.
To date, it is considered to be the largest consulting transaction completed by Deloitte Australia. More than 300 people will join the Australian Consulting practice. Meanwhile, 300 others will join the Deloitte’s offices in Australia, China, India, Japan, Korea, New Zealand, Singapore, Taiwan, Thailand, and the U.S.
The two companies already established a strong reputation in the Human Capital Management (HCM). With the new announcement, they are now expected to become the Australia and Asia Pacific’s most significant and most capable human capital and HR transformation team. Presence of IT has been a receiver of the SAP APJ Partner of the Year Award for seven consecutive years.
Richard Deutsch, Deloitte Australia’s CEO, said:
“This is a fantastic regional and global opportunity for Deloitte, particularly in Australia. Joining forces with the team from Presence of IT makes us the undisputed leaders in Human Capital Consulting, enhancing our ability to provide our clients with unrivalled value, scale and world-class expertise; in turn, giving them peace of mind that their people strategy is in safe hands. Together, we will be able to take advantage of significant market opportunity.”
Dave Brookes, Presence of IT co-founder and CEO, described how this business move would impact the two companies.
“The future of work is all about how people feel, defined by the experiences they have when interacting with business and with customers. It is this joint passion for creating unrivalled talent experiences for our clients globally that positions us as the new undisputed leaders across the Human Capital marketplace.”
Shane Grobler, Presence of IT’s co-CEO, also shared his thoughts.
“For over a decade, Deloitte and Presence of IT have worked together on large-scale HR transformation programs for clients, with great success. We know and appreciate one another’s strengths; we share similar cultures and a common commitment to help our people and clients excel. We are both focused on building a truly engaging talent experience for those connected to our firms, to innovating the way we do things and striving for ongoing excellence. This is a story of two strong teams coming together to ignite exponential advantage, where the sum is truly greater than its parts.”
“Together, we generate end-to-end value with an extended global reach for our clients that is unlike anything in the market today. The combination of our people, our innovations and our shared vision for delivering simplified business experiences is the ultimate advantage in shaping the world of work now and for the future.”