Deloitte acquires Sydney Splunk partner Converging Data

Deloitte has acquired Sydney-based Splunk partner Converging Data for an undisclosed sum.

The company joined Deloitte’s Risk Advisory practice as part of the deal, with 9 staff coming in and managing director Stuart Hirst taking on the role of risk advisory partner for the professional services firm.

“Converging Data’s capability will scale up and accelerate Deloitte’s cyber analytics services, particularly enhancing our ability to offer clients expertise in big data, artificial intelligence, and security orchestration and response,” Deloitte managing partner for risk advisory Dennis Krallis said.

“Working in the areas of security, operational intelligence, and data analytics, as well as digital and IoT innovation, the Converging Data team will bring its deep domain expertise to help our clients keep pace with the continually evolving technology risk landscape.

Krallis added the company will enhance and complement Deloitte’s existing investments in the design, build and running of cyber security intelligence operations centres.

Converging Data specialises in using data analytics for enterprise level risk and operational management, using Splunk to converge IT operations, security orchestration and response, application analytics, cyber security and IoT monitoring.

Stuart Hirst said joining Deloitte would help his team scale and achieve its goal of becoming the top Splunk partner in Australia.

“We have worked with Splunk since the day we started. It’s a very powerful tool for capturing and analysing the vast pools of data that large organisations have to deal with,” Hirst said.

“We developed our Data Platform as a Service solution to help clients rapidly scale and optimise Splunk tools and are looking forward to combining it with Deloitte’s global team of more than 300 Splunk professionals to help more Australian businesses benefit from the insights and benefits Splunk software can bring.”

Deloitte said the deal builds on its previous acquisitions of other risk and data analytics providers Connected Analytics, CBIG Consulting and Qubit Consulting.