EY strengthens technology transformation services with Plaut IT acquisition
Sydney, 29th January, 2019
- 130 SAP and digital consultants join EY Technology services
- Strengthens EY’s SAP services across Asia-Pacific
EY has strengthened its technology transformation services through the acquisition of one of the largest locally owned providers of cloud SAP solutions, Plaut IT and its Malaysian subsidiary Baseliner. The acquisition of Plaut IT expands EY’s technology consultancy capabilities and adds 130 people to EY’s Technology services.
This is EY’s third digital acquisition in seven months and forms part of an ambitious strategic plan to transform how the market views EY’s Technology services.
As part of the acquisition, the Plaut IT business in Australia and Malaysia will be branded EY and Plaut IT Chairman David Prior will join EY’s Technology services in Sydney. The team from EchoJunction, a small, specialist enterprise focused on the CMO execution agenda and marketing technology, will also join EY.
“EY’s technology transformation business has experienced over 20 per cent year on year growth over the last 10 years and our service offering has continued to expand. Traditionally known as advisors in this space we are fast becoming known for providing end-to-end transformation delivery for clients,” EY Oceania Leader, Advisory, Lynn Kraus said.
“With the purchase of Plaut IT, EY is now positioned to compete in the larger end-to-end SAP sector, while the Baseliner entity also provides EY with the ability to provide cloud enterprise solutions in Oceania. We expect these additional capabilities will accelerate the digital transformation opportunities available to the business,” Ms Kraus said.
Chairman of Plaut IT, David Prior said the values of EY, Plaut IT and Baseliner are strongly aligned making the transaction a natural fit.
“EY and Plaut IT put people first while also striving to provide continual value to clients, this alignment of values adds to the strength of the combined group.
“The acquisition provides our team with a well-rounded set of capabilities and skills and provides the potential for us to work on large scale business transformations. We are excited about the work we will now have the opportunity to participate in,” said Mr Prior.
Plaut IT is a lighthouse partner for SAP’s cloud enterprise resource planning software and its client list, includes SCT Logistics, Toyota Motor Corporation Australia, Sanitarium, as well as state and federal government departments.
The team includes nationally recognised functional, information management and business specialists, as well as, a number of fully qualified CPAs and highly experienced engineering, operations and HR professionals.
EY’s other acquisitions in the last seven months include Adelphi Digital Consulting Group in November and Articulate Consulting in July.
EY has been recognised by Forrester Research as a leader in innovation consulting services in The Forrester Wave™ Innovation Consulting Services Providers, Q4 2018. The Forrester report called out EY’s vision and approach to innovation highlighting how it is helping companies reinvent the value they bring to market through new business models, new products and services, new experiences reimagined by blended business, design and technology teams of MBAs, designers and advanced tech builders.
The report, which assessed eight consulting services providers, reviews organisations’ core competencies for innovation, including innovation strategy, innovation ecosystems, innovation culture, innovation structure and governance, and dedicated innovation technologies. Forrester’s evaluation helps CIOs, businesses and tech leaders select vendors that can help them strengthen these five central innovation competencies.
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