Deloitte Buys Business Analytics Firm Oco

In the US, Deloitte Analytics - the business intelligence arm of professional services firm Deloitte - has acquired business analytics SaaS provider Oco Inc. Financial terms of the deal were not disclosed.

Deloitte Analytics focuses on historical analysis of business data in order to predict future trends or identify existing issues.

Founded in 1999 and headquartered in Waltham, MA, Oco's business analytics applications use business information to improve revenue, understand customer behavior and boost supply chain and after-market performance.

Deloitte says the acquisition complements and extends its managed analytics capabilities, and will enable it to offer an extended suite of analytics applications in the areas of mobile business analytics, benchmarking and industry-specific analytics applications.

'More and more businesses are looking for both analysis and real insights gleaned from multiple sources without having to make significant investments in internal infrastructure and support,' explains Jane Griffin, Principal, Deloitte Consulting LLP and Deloitte Analytics leader. 'This acquisition enhances our ability to help further an organization's existing business analytics and data management strategy.'

Web sites: www.deloitte.com and www.oco-inc.com .