Deloitte's Acquisition with Giant Machines To Bolster Engg Capabilities

CIOTechOutlook Team | Tuesday, 23 January 2024, 05:56 IST

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Deloitte has announced that it has acquired nearly all of the assets of Giant Machines, a New York-based digital products manufacturer. With a focus on the strategy, design and engineering of innovative digital products, the Giant Machines business will help strengthen Deloitte Digital and Deloitte Engineering's ability to provide clients with a strong portfolio of services to deliver strategic and large-scale engineering solutions.
 
Since its founding in 2015, Giant Machines has specialized in many aspects of product design and development, including market and user research, product strategy, prototyping, engineering and design, and product management. The team has developed large-scale, custom solutions for Fortune 500 companies across a wide array of industries, including climate tech, health care, public utilities and more. Giant Machines is also focused on shaping the future of engineering talent through inclusive and custom learning experiences — which will become part of Deloitte's existing, award-winning training programs, as per deloitte.
 
"Today's organizations need to deliver on innovation and technology to keep pace with customer expectations and competitors. The Giant Machines product incubation and solutions services will scale our Deloitte Engineering and Deloitte Digital capabilities to help our clients accelerate product delivery and shape the next generation of innovation," said Tim Juravich, principal, Deloitte Consulting LLP.
 
"We built Giant Machines into what it is today with a relentless focus on outcomes and by helping our clients to see a bigger picture," said Roy Yang, Giant Machines CEO. "It's that same philosophy that drew us to Deloitte. In joining Deloitte, I believe we can take our vision of creating tech that matters and advance it even further, providing greater opportunities for clients."
 
Deloitte has made relevant acquisitions in software engineering and product design in recent years, including the businesses of Optimal Design, Dextra Technologies, HashedIn Technologies and NTC.
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