Deloitte has acquired SFL Scientific, an artificial intelligence (AI) and data science strategy consulting firm. Financial terms of the deal were not disclosed.
This is technology M&A deal number 861 that ChannelE2E has covered so far in 2022.
Deloitte, founded in 1845, is headquartered in London, England. The company has approximately 456,000 employees worldwide. Deloitte’s main areas of expertise are audit, advisory, advisory and tax service offerings. But the company also has a major presence in the global IT service provider (ITSP) market.
SFL Scientific, founded in 2015, is based in Quincy, Massachusetts. The company has 64 employees listed on LinkedIn. SFL Scientific’s areas of expertise include data science, data analytics, business intelligence, machine learning, deep learning, big data, computer vision, language processing natural, artificial intelligence, predictive analytics, forecasting, consulting, AI development, automation, MLOps, AIOps, DataOps, knowledge graphs, RDT&E and federated learning.
The acquisition of SFL Scientific positions Deloitte as a leader in AI, strengthens its ability to provide AI solutions to its clients and expands its AI market share, Deloitte said.
Deloitte Acquires SFL Scientific: Executive Insights
Dan HelfrichChairman and CEO of Deloitte Consulting LLP, commented on the news:
“As our customers progress through their enterprise AI journey, they need the comprehensive and sophisticated experience that SFL Scientific offers. The acquisition builds on an already strong relationship between our two organizations serving commercial and public sector clients. Additionally, it will help us advise clients on the best approach to how AI can help transform their business, implement scalable capabilities to drive that transformation, and provide ongoing support to continually improve investments. with AI-infused technology.
Nitin MittalCo-Lead and Director of AI, Deloitte Consulting LLP, added:
“Combining SFL Scientific’s expert AI strategy knowledge with Deloitte’s breadth of AI technology capabilities and industry depth will advance our AI leadership, accelerate our AI market share and position Deloitte in as a trusted advisor helping our enterprise clients transform their businesses through the power of AI. ”
Michel SegalaPh.D., CEO of SFL Scientific, said:
“We are delighted to partner with Deloitte. The combination of our high-caliber AI talent with Deloitte’s deep domain knowledge and implementation capabilities is the catalyst for accelerating the solving of scientific and operational challenges with AI.
Deloitte M&A activity
Deloitte remained active in the M&A market, acquiring MSP, MSSP and IT consulting firms around the world.