Deltek expands time tracking solutions with Replicon deal

25 May 2023 Consultancy.com.au 2 min. read
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Global solutions company Deltek has acquired Replicon, a Canadian provider of time tracking solutions for project-based businesses.

Headquartered in Calgary, Replicon helps more than 2,500 customers in North America and beyond with software for project time tracking, project billing, time and attendance, compliance, professional services automation, as well as automated time entry capabilities. Replicon serves businesses across 85 countries worldwide.

With Replicon on board, Deltek expands its capabilities in areas including project delivery, finance and human resources.

Deltek expands time tracking solutions with Replicon deal

Commenting on the acquisition, Mike Corkery, President and CEO of Deltek, said: “Deltek is continuously looking at ways to expand our capabilities and add value to our customers. By acquiring Replicon, we will add another complementary solution – a sophisticated and intuitive project time tracking, knowledge workforce management and PSA solution suite, which will enable Deltek to serve the needs of even more project and service-centric organizations.”

“We are incredibly excited to welcome the Replicon family of employees, customers and partners to Deltek,” he added.

Headquartered in the United States, Deltek is one of the world’s largest providers of solutions to the professional services industry. The firm has a large customer base in management and technology consulting, including a presence in the Australia and New Zealand region.

The Replicon solution will operate alongside Deltek’s other solutions, which include Vantagepoint, Costpoint, Maconomy. and several others.

“Replicon has an unprecedented technology stack with an impressive user experience, and we are excited to work on how we go to market together,” said Warren Linscott, chief product officer at Deltek. “As the industries we serve evolve, we continue to look for new ways to cater to our customers and a broader range of project-based businesses.”

Raj Narayanaswamy and Lakshmi Raj, Co-Founders and Co-CEOs of Replicon, said: “Deltek is the perfect home for Replicon. We know that with Deltek we will continue to hold up our commitment to meet and exceed Replicon customers’ needs and continue delivering innovative solutions. We are just at the beginning of a very exciting journey together.”