Deloitte Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Deloitte Strengths, Domain Expertise, and Key Differentiators

Deloitte is at the forefront of aiding clients in the strategic overhaul of their lease accounting and reporting operating model through the innovative LeaseMARC solution. Harnessing the distinctive advantages of Deloitte's Managed Risk Services operating platform and delivery model, LeaseMARC delivers a comprehensive lease accounting and reporting solution. This integrated offering combines the expertise of seasoned professionals, industry-leading processes, and proprietary technology to provide clients with a robust and streamlined solution.

Deloitte has developed LeaseController, a sophisticated tool meticulously designed to facilitate seamless adoption and streamline the comprehensive lease accounting process for companies. This solution incorporates robust functionality, encompassing the capture of management judgments and decisions, computation processes, and the generation of reports pertaining to lessee positions. Furthermore, LeaseController can be seamlessly integrated with LeaseMARC, Deloitte's premier lease accounting managed service, offering a comprehensive and integrated solution for organizations.

Deloitte Recent Developments

In March 2023, Deloitte introduced the GreenLight Solution, an enterprise decarbonization Software as a Service (SaaS) platform. Comprising a modular system of tools, this solution empowers organizations to navigate every phase of their decarbonization journey. The platform features advanced data automation and transformation capabilities, leveraging a diverse ecosystem of technology partners for seamless integration with preferred enterprise systems. It offers insights into potential financial impacts associated with various climate action initiatives, including access to a global credits and incentives hub encompassing 16,000 programs across 70 countries. This hub aids in identifying tax credits and incentives based on category, solution, or geography.

In October 2021, BlackBerry Limited and Deloitte forged a strategic alliance to enhance software supply chain security for Original Equipment Manufacturers (OEMs) and developers of mission-critical applications. Under this collaboration, Deloitte will utilize BlackBerry's flagship software composition analysis tool, BlackBerry Jarvis™, to conduct Open-source Software (OSS), Common Vulnerabilities and Exposures (CVE), and Software Bill of Materials (SBOM) analyses for clients in the medical, automotive, and aerospace industries. This initiative empowers clients to safeguard their software effectively, leveraging actionable intelligence provided by the platform.

In March 2020, Deloitte and Taxamo joined forces to introduce an advanced tax compliance service tailored for digital marketplaces and their online sellers. With the European Union set to implement new VAT reporting requirements for these entities from January 2021, the collaboration aims to provide a comprehensive solution. This new service will facilitate marketplace and seller VAT registration, automate the determination of accurate VAT treatment for sales, streamline VAT return submissions, and facilitate VAT payments to tax authorities. Leveraging Deloitte's robust tax compliance solutions and Taxamo's technology platform, the solution ensures a fully automated process for determining the VAT treatment of online sales.

In November 2018, Deloitte unveiled its latest drone solution, Deloitte US Global Drone Solutions, during the Unmanned Security Expo. The objective is to showcase advanced drone capabilities tailored to enhance business operations, data analytics, risk management, and governance. In the dynamic and swiftly evolving drone market, characterized by numerous niche players, Deloitte positions itself as a leader in providing comprehensive solutions.

Deloitte is actively engaged in assisting organizations to navigate the evolving landscape by providing standardization. The approach involves tailoring and developing customized drone and counter-drone strategies for clients, including the determination of flight paths and data collection, data ingestion and processing, and seamless integration of results into clients' business operations.

Deloitte Mergers and Acquisitions (M&A) Activities

In May 2023, Deloitte successfully concluded the acquisition of a significant portion of Optimal Design Co.'s assets. Optimal Design Co., well known in the realm of product engineering services (PES), specializes in the innovation and development of smart connected products and Internet of Things (IoT) devices. This strategic move amplifies Deloitte's already extensive and expanding engineering capabilities, encompassing a diverse skill set that presents compelling opportunities for clients spanning the entire innovation spectrum—from initial product ideation to the realization of physical prototypes. The integration of Optimal Design's business into Deloitte's portfolio is part of a broader strategy, marked by a series of well-calibrated global acquisitions. This development underscores Deloitte's steadfast commitment to the dynamic product engineering industry. Bolstered by previous strategic moves such as the 2022 acquisition of substantially all assets of Dextra Technologies and the 2020 acquisition of HashedIn Technologies, a reputable software engineering and product development firm, Deloitte now stands as a prominent player in the field of Product Engineering Services (PES).

In October 2021, Deloitte successfully completed the acquisition of Odysseus, a prominent Amsterdam-based consulting firm specializing in ServiceNow, IT Business, and Project Portfolio Management. This strategic transaction aligns with Deloitte's commitment to expanding its expertise and capabilities in key areas of enterprise consulting and reinforces its position as a leader in providing comprehensive solutions within the realms of ServiceNow, IT Business, and Project Portfolio Management.

In June 2019, Deloitte acquired ClearViewIP, a leading intellectual property consulting and transaction advisory firm. Specializing in the implementation of effective IP strategies, portfolio development, and enhanced valuation and exploitation of intellectual property, ClearViewIP aligns seamlessly with Deloitte's strategic objectives in bolstering intellectual property consulting services.

In September 2018, Deloitte strategically acquired Magnetic's Artificial Intelligence platform business, highlighting a commitment to increased investments in AI, machine learning (ML), and audience data analytics. This acquisition is poised to elevate Deloitte Digital's Experience Services platform by imbuing it with heightened intelligence and efficiency. Subsequently, in November of the same year, Deloitte further expanded its portfolio by acquiring CloudinIT, a prominent Salesforce and Amazon Web Services (AWS) consulting partner based in New Zealand.

Deloitte Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Deloitte applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Deloitte and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified LeaseMARC, LeasePoint, LeaseController, Innosys customers.

Deloitte Key Enterprise and Cloud Applications

LeaseMARC, LeasePoint, LeaseController, Innosys

Deloitte Revenues, $M:

Deloitte Revenue Breakdown By Type, $M:

Deloitte Enterprise Applications Revenues By Functional Markets, $M:

Deloitte Enterprise Applications Revenues By Verticals, $M:

Deloitte Revenues By Region, $M

Deloitte Direct vs Indirect sales

Deloitte Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Deloitte Customers

No. of Deloitte Customers: x

No. of Deloitte Enterprise Applications Customers: x

No. of Deloitte Cloud Customers: x

No. of Deloitte Cloud Subscribers: x

Deloitte boasts a diverse clientele that includes esteemed organizations such as Adobe, AmeriGas, Archer Daniels Midland, Ardent Mills, California Cybersecurity, Carlson Rezidor, City of Joplin, Missouri, Daimler Trucks Asia, Dell and EMC, International Speedway Corporation, Ivy League University, Marathon Oil, Rochester Regional Health System, Southwestern Energy, State Auto, Sunrise Senior Living, United States Golf Association, Yamaha, and numerous other entities.

Deloitte Market Opportunities, M&A and Geo Expansions

In 2022, Deloitte expanded its professional workforce to approximately 412,000 individuals. Amidst this continuous growth and the escalating prevalence of transformative technologies, including digital, cloud, analytics, and artificial intelligence (AI), Deloitte remains dedicated to enhancing its workforce's capabilities. The focus is on equipping personnel with advanced skills, ensuring they are adept in technology and well-prepared for the future.

In FY2019, Deloitte's global success was propelled by its strategic approach and multidisciplinary business model. All five business areas—Audit & Assurance, Consulting, Financial Advisory, Risk Advisory, and Tax & Legal—experienced growth during this period.

In FY2019, all six industries made substantial contributions to Deloitte's growth. The highest growth rate was achieved by Energy, Resources & Industrials at 20.4%, followed by Life Sciences & Health Care at 12.4%, Technology, Media & Telecommunications at 10.3%, Consumer at 8.5%, Financial Services at 5.9%, and Government & Public Services at 2.9%. Notably, Financial Services emerged as the leading contributor with a significant aggregate global revenue of US$12.4 billion for FY2019.

In terms of regional performance, the Asia Pacific region exhibited the highest revenue growth, achieving a remarkable local currency growth rate of 11.6 percent. Following closely, the Americas demonstrated a robust growth rate of 10.4 percent, while Europe, the Middle East, and Africa (EMEA) experienced substantial growth at 7.9 percent.

In February 2016, Deloitte and IBM jointly introduced the Deloitte LeasePoint solution, leveraging the capabilities of IBM Watson Internet of Things (IoT) and the sophisticated real estate management software, IBM TRIRIGA. Deloitte's LeasePoint has been meticulously crafted to align with the updated lease accounting standards issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). This collaborative offering represents a strategic response to the evolving regulatory landscape in lease accounting.

Deloitte Risks and Challenges

The efficacy of Deloitte's LeasePoint solution is significantly reliant on its strategic partnership with IBM.

Deloitte Ecosystem, Partners, Resellers and SI

In October 2018, Deloitte strategically deployed Kira Systems' machine learning contract review software for lease accounting contract analysis. The integration of Kira accelerates and enhances the precision of contract review across diverse, multi-disciplinary projects. Deloitte, powered by Kira, assists companies in extracting crucial information from contracts, enabling compliance with the new IFRS 16 lease accounting standard. This implementation substantially reduces both time and costs for clients.

In early 2018, Deloitte North West Europe elevated 136 individuals to partner status, including 54 new partners in the UK. Formed on June 1, 2017, Deloitte North West Europe amalgamates the Belgian, Dutch, Nordics, Swiss, and UK firms, with Ireland joining on June 1, 2018. These promotions bring the total number of partners in the integrated firm to around 2,300, with a collective workforce exceeding 35,000 employees.

Deloitte Cloud Infrastructure Insights

Subscribe to read more about:

• Deloitte Public Cloud and Infrastructure (IaaS)
• Deloitte Platform (PaaS)
• Deloitte Application Delivery
• Deloitte Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: