Accenture Acquires Oracle ERP Cloud Partner DAZ Systems
Accenture has acquired DAZ Systems Inc., a three-time Oracle cloud services partner of the year. DAZ also has enterprise performance management and human capital management application expertise, the companies say. Financial terms were not disclosed.
More than 300 DAZ employees will join Accenture’s Oracle Business Group, which has more than 54,000 Oracle-skilled consultants. Accenture has acquired multiple Oracle partners in recent years — including the Certus Solutions buyout in the first half of 2018. The global systems integrator hinted in late 2016 that it was prepared to spend $1 billion on digital, cloud and security acquisitions.
DAZ, founded in 1995, has delivered more than 500 successful Oracle implementations to-date, the company says. The company was Oracle’s Cloud Partner of the Year in 2015, 2016 and 2017.
In a prepared statement, Bhaskar Ghosh, group chief executive, Accenture Technology Services, said:
“DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio. Organizations demand proven expertise, as well as new innovative solutions and methods to help them transform their businesses. DAZ will help us continue to deliver the very best thinking and capabilities to our clients.”
Annette Rippert, senior managing director, Accenture Technology – North America, added:
“At Accenture, we continually look for new ways to empower our clients to embrace the power of digital technologies to improve their businesses. DAZ is a valued Oracle partner and brings an impressive track record and top talent that will help drive significant results for our clients.”
DAZ CEO Walt Zipperman concluded:
“DAZ’s mission is to help organizations implement mission-critical business systems by bringing a contemporary perspective and experience-driven insights. Joining Accenture is an incredible opportunity to advance this goal by combining our strengths with Accenture’s in depth capabilities and global scale. Together, we’ll be able to deliver substantial value for clients around the world.”
Oracle Cloud Partner Mergers, Acquisitions
Multiple Oracle partners have been acquired or merged with one another in recent months. Key deals ChannelE2E has tracked include:
- October 2018: Apolis merging three businesses to form a $70 million Oracle and SAP partner.
- June 2018: Version 1 acquired Cedar Consulting Ltd.
- December 2017: Velocity Technology Solutions acquired fellow cloud-centric MSP Mercury Technology Group.
Additional M&A discussions will surely unfold this week at the Oracle OpenWorld 2018 conference, which has attracted more than 60,000 attendees.