KPMG’s UK performance and technology advisory division (P&T) has acquired the business intelligence and enterprise performance consultancy firm Analitica.
Analitica specialises in Hyperion Planning, which is Microsoft Excel and web-based planning, budgeting and forecasting software.
KPMG UK head of business intelligence Herman Heyns said the acquisition marks another significant step in the expansion of the firm’s business intelligence capability. “Hyperion Planning and other business intelligence systems are playing an increasingly important part in the operation of many large organisations as they chart a path through the [economic] upturn and KPMG aims to capitalise on this growth,” Heyns said.
KPMG UK P&T leader Scott Parker said the firm’s P&T division is focused on significant growth and has expanded to more than 1,000 people in the past five years.
The International Accounting Bulletin believes Analitica will add between 10 and 20 staff to KPMG.