Deloitte Strengths, Domain Expertise, and Key Differentiators
Deloitte is helping clients reengineer their lease accounting and reporting operating model through the LeaseMARC solution. Leveraging Deloittes distinct Managed Risk Services operating platform and delivery model, LeaseMARC provides a broad lease accounting and reporting solution by bringing experienced professionals, leading class processes, and our proprietary technology in a single offering.
Deloitte built LeaseController, a tool designed to help facilitate a company's adoption and streamline the end-to-end lease accounting process from incorporating functionality related to capturing management judgments and decisions to performing computations and generating reporting related to lessee positions. It can Be bundled with LeaseMARC, Deloitte's lease accounting managed service.
Deloitte Recent Developments
In March 2020, Deloitte and Taxamo partnered together to launch a new tax compliance service for digital marketplaces and their online sellers. From January 2021, the European Union will introduce new VAT reporting requirements for digital marketplaces and their online sellers. Deloitte and Taxamo are collaborating to launch a new tax compliance service enabling the marketplaces and sellers to register for VAT, automatically determine the correct VAT treatment of sales, submit VAT returns, and remit payments of VAT to tax authorities. The solution will be fully automated, underpinned by Deloitte’s tax compliance solutions and Taxamo’s technology platform, determining the VAT treatment of online sales.
In November 2018, Deloitte launched its new drone offering, Deloitte US Global Drone Solutions, at the Unmanned Security Expo with the aim of introducing potential clients to advance drone capabilities focused on making business operations, data analytics, risk management and governance easier. The drone market today is a rapidly evolving environment with several niche players.
Deloitte is working on helping organizations understand the landscape and help provide standardization as the industry continues to evolve. Deloittes approach is based on helping clients customize and develop their drone and counter-drone strategies, determine flight paths and data collection, ingest and process data, and integrate results into the clients business operations.
Deloitte Mergers and Acquisitions (M&A) Activities
In June 2019, Deloitte acquired intellectual property consulting & transaction advisory firm ClearViewIP. ClearViewIP helps clients implement effective IP strategies, build portfolios, and more effectively value and exploit the intellectual property.
In September 2018, Deloitte acquires Magnetic's Artificial Intelligence platform usiness. The acquisition signals the strategic importance of enhanced investments in AI, machine learning (ML), and audience data analytics. The acquisition will help make Deloitte Digital's Experience Services platform both smarter and faster. Two months later, in November, Deloitte has acquired Salesforce and Amazon Web Services (AWS) consulting partner CloudinIT of 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.
Ownership: - Pre Seed Round - SendFriend, Series A - SETL, Funding Round - Roundarch, Venture Round - DataChannel
Number of Employees: 312000
Functional Markets: ERP Financial Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Deloitte Key Enterprise and Cloud Applications
LeaseMARC, LeasePoint, LeaseController, Innosys
Deloitte Revenues, $M:
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|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Deloitte Revenue Breakdown By Type, $M:
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Deloitte Enterprise Applications Revenues By Functional Markets, $M:
Deloitte Enterprise Applications Revenues By Verticals, $M:
Deloitte Revenues By Region, $M
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Deloitte Direct vs Indirect sales
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Deloitte Customers - Breakdown by Geo, Size, Vertical and Product
No. of Deloitte Customers: x
No. of Deloitte Enterprise Applications Customers: x
No. of Deloitte Cloud Customers: x
No. of Deloitte Cloud Subscribers: x
Among Deloitte's customers are: 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 many others.
Deloitte Market Opportunities, M&A and Geo Expansions
In 2019, Deloitte increased its workforce to approximately 312,000 professionals, a 9 percent increase. Growth occurred across all regions, with more than 90,000 professionals hired. As Deloitte's workforce continues to grow and as transformative technologies─such as digital, cloud, analytics, and artificial intelligence (AI)─become increasingly pervasive, Deloitte is focused on equipping its people with new capabilities that will enable them to be more tech-savvy and future-ready.
Deloitte’s strategy and the multidisciplinary business model continued to drive success globally in FY2019. All five business areas—Audit & Assurance, Consulting, Financial Advisory, Risk Advisory, and Tax & Legal—grew during this time.
All six industries also contributed to Deloitte’s growth in FY2019. Growth among the industries was led by Energy, Resources & Industrials, which grew at 20.4 percent, followed by Life Sciences & Health Care at 12.4 percent, Technology, Media & Telecommunications at 10.3 percent, Consumer at 8.5 percent, Financial Services at 5.9 percent, and Government & Public Services at 2.9 percent. Financial Services was the top contributor with US$12.4 billion in aggregate global revenue for FY2019.
Among the regions, revenue in the Asia Pacific grew fastest with a local currency growth of 11.6 percent, followed by the Americas at 10.4 percent, and Europe, the Middle East, and Africa (EMEA) at 7.9 percent.
In February 2016, Deloitte and IBM launched Deloitte LeasePoint solution, powered by IBM Watson Internet of Things (IoT) and real estate management software, IBM TRIRIGA. Deloitte`s™ LeasePoint is designed to address new lease accounting standards released by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB).
Deloitte Risks and Challenges
Deloitte LeasePoint solution is heavy depended from the IBM partnership.
Deloitte Ecosystem, Partners, Resellers and SI
In October 2018, Deloitte harnesses the power of Kira for lease accounting contract review. Deloitte leverages Kira Systems machine learning contract review software, Kira, across services to accelerate and improve the accuracy of contract review in a large variety of multi-disciplinary projects. Powered by Kira, Deloitte helps companies accurately and efficiently extract information from contracts required to comply with the new IFRS 16 lease accounting standard, significantly reducing implementation time and cost for their clients.
Earlier in 2018 Deloitte North West Europe has promoted 136 new partners, with 54 new partners in the UK. Deloitte North West Europe, which came into effect from 1st June 2017, is a combination of Deloitte’s Belgian, Dutch, Nordics, Swiss, and UK firms, with Ireland joining on June 1st, 2018. The promotions take the total number of partners across the newly combined firm to approximately 2,300 and over 35,000 employees in total.
Deloitte Cloud Infrastructure Insights
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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).
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