Global consulting firm, Deloitte announced the acquisition of Giant Machines, a prominent digital product company headquartered in New York City. This strategic move is set to enhance Deloitte’s capabilities within Deloitte Digital and Deloitte Engineering, allowing the company to offer an expanded suite of services aimed at delivering comprehensive and scalable engineering solutions to its clients.
Giant Machines, established in 2015, has carved a niche in product design and development, showcasing expertise in market and user research, product strategy, prototyping, engineering, design, and product management. Over the years, the company has successfully delivered tailor-made solutions for Fortune 500 corporations including diverse industries such as climate technology, healthcare, public utilities, and more. Giant Machines has been at the forefront of fostering the future of engineering talent through inclusive and personalized learning experiences. This is supposed to be a valuable addition to Deloitte’s existing award-winning training programs.
Tim Juravich, principal, Deloitte Consulting LLP, expressed his opinion on the acquisition stating, “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.”
Roy Yang, former CEO of Giant Machines, said, “We built Giant Machines into what it is today with a relentless focus on outcomes and by helping our clients see a bigger picture.” Yang expressed confidence in Deloitte’s vision aligning with Giant Machines’ philosophy and believes that the acquisition will propel their shared goal of creating impactful technology to new heights, providing expanded opportunities for clients.
Following the completion of the acquisition, Roy Yang has assumed the role of Principal at Deloitte, concentrating on serving Deloitte’s TMT (technology, media, and telecommunications), life science, healthcare, and financial services clients.
This acquisition aligns with Deloitte’s strategic focus on strengthening its presence in the software engineering and product design space. In recent years, the company has made substantial acquisitions, including Optimal Design, HashedIn Technologies, Dextra Technologies, and NTC. By expanding its capabilities through strategic acquisitions, Deloitte remains dedicated to staying at the forefront of innovation and delivering top-tier solutions to its clients.