Free Site Registration


KPMG Plans to Purchase Link Analytics

Print
Email
Reprints

KPMG will acquire the analytical applications company Link Analytics LLC, with the intent of expanding the U.S. audit, tax and advisory firm’s data and analytics capabilities.

Financial terms of the agreement will not be disclosed, but the deal is expected to close in the near future. 

Link Analytics is based in Atlanta with offices in Knoxville, Tenn., and Seattle. The company works with Fortune 1000 businesses in the U.S. and specializes in developing scalable business analytics applications including customer experience, large-scale social network analysis, and network optimization.  Link Analytics’ solutions operate on various platforms, from Netezza to Teradata to Hadoop, while also utilizing shared memory computing resources.

“Achieving measureable and sustainable growth requires businesses to deeply analyze how their customers make decisions today in order to accurately anticipate what customers will expect in the future,” said Lynne Doughtie, vice chair for advisory at KPMG. “Adding Link Analytics’ experienced analytic professionals and proprietary methodologies provides a platform to accelerate the design and delivery of analytic solutions to help our clients turn big Data into actionable insights. This acquisition is the latest component of KPMG’s strategy to provide highly customized, actionable and repeatable solutions to our clients’ most complex data problems.”

In November, KPMG International announced the launch of KPMG Capital, a fund created to accelerate investment in the development of data and analytic products and services.

1 Comment

I congratulate KPMG as one of the big 4 or 5? to have gone thus far. I believe information is power and transforming information into decision making insights will go along way in assisting stakeholders. This is a right step in the right direction. I only hope other firms take a cue.

Posted by: goag | December 18, 2013 9:25 PM

Report this Comment

Add Your Comments...

Already Registered?

If you have already registered to Accounting Today, please use the form below to login. When completed you will immeditely be directed to post a comment.

 

Advertisement

Accounting Technology

Advertisement

The Virtual Firm

November 7, 2013

Jennifer Katrulya, CEO of the Business Management Resource Group, discusses how to run an accounting practice from an iPad or other mobile device in a virtual environment, in an interview with managing editor Tamika Cody at Accounting Today's Growth & Profitability Summit in Orlando.

Social Media Tips for Professional Services Firms

October 9, 2013

Social media strategist Adrian Dayton and BeachFleischman PC chief marketing officer Eric Majchrzak discuss how accounting firms and other professional services firms can use LinkedIn, Google+ and other social networks to market their offerings to potential clients, and use search engine optimization to showcase their content, in an interview with Accounting Today senior editor Danielle Lee.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments. As we begin 2014, James Cashin, partner at McGladrey, has identified ten common strategies in how companies are capitalizing on their IT investments to best implement process improvements and increase performance.