Deloitte acquires CloudTrek and bolsters Amazon Web Services

20 September 2018 3 min. read

Brisbane-based CloudTrek has been acquired by Big Four consulting and accounting firm Deloitte, as the professional services players bids to bolster its Amazon Web Services offerings.

Deloitte’s run on boosting its digital offerings is closely tied to the recently announced mega-merger of all operations across Asia Pacific into the single entity. As of the 1st of September, the nearly 45,000 staff across Deloitte’s various regional operations in Asia and the Antipodes began to operate under the single Asia Pacific umbrella, headed by current Australian chief Cindy Hook.

The new acquisition is an Advanced AWS Consulting Partner, boasting a client base that includes RACQ, the University of Queensland, the Queensland State Government and Youi. With offices in Brisbane and Perth, the acquisition will certainly allow the firm access to the lucrative digital consulting markets that exists in Melbourne, Sydney and Canberra.  

CloudTrek offer a myriad of services including strategy, design, delivery, enablement, optimisation and support & management. They also offer specialised solutions designed in-house. One example is CloudTrekConnect, an Internet of Things smart cities platform, provided to governments and local councils to help them make decisions on Smart City technology. Another goes by the name of Octotector, a data centre migration solution utilising big data tech. Deloitte acquires CloudTrek and bolsters Amazon Web ServicesDeloitte Consulting’s managing partner Kaylene O’Brien noted how excited she was to work with such well-respected AWS cloud specialists. “Our clients need end-to-end solutions making the most of the cloud, and this transaction absolutely addresses demand, both generally, as well as in key geographies and sectors, including financial services, energy and resources and the public sector,” O’Brien said.

CloudTrek’s Managing Director Neil Hitz – who himself was once with Deloitte’s Audit team in the Brisbane and Zurich offices between 2006 and 2010 – will rejoin the Big Four firm as a Partner. Hitz acquired his degree at the University of Auckland in accounting and information systems and is a member of the Chartered Accountants of Australia and New Zealand. 

“We’re committed to developing high impact solutions that unlock the full value of the cloud, across strategy, design, delivery, enablement, optimisation and ongoing management,” said Hitz who will be joining Deloitte as a partner. “Deloitte has the same focus. We are all passionate cloud advocates, as are Deloitte. We are a natural fit.” 

The company will join Deloitte during a time of unprecedented demand for digital transformation and cloud-based consulting. With the Deloitte merger having kicked off earlier this month, further linking the firm’s Asian and Australian operations, CloudTrek has the world’s fastest growing economies now on its doorstep.

“We continue to see significant client demand for technology services built on deep specialisation, and this transaction builds on other technology additions we have made in recent years, as well as Deloitte’s formal collaboration with AWS that includes a global team of more than 2,500 AWS cloud practitioners,” Deloitte CEO Richard Deutsch said.