PW buys into data warehousing

PW buys into data warehousing

Price Waterhouse has bought the 80-strong France-based data warehousing firm Business & Decision.

With Business & Decision on-board, Price Waterhouse will be growing its data warehousing, data-mining and electronic commerce business both in France and the rest of Europe.

According to Pierre Pilorge, partner in charge of IT business development in France at Price Waterhouse, customer demand for knowledge management has seen momentous growth. He predicts that consultancy in this sector will spiral because firms have changed their focus from cost reduction consultancy to real market growth consultancy. Besides this change, firms increasingly need more than just management consultancy and information technology, they want help with customer management.

“In our business and as part of our business development strategy we need to recruit more and more people,” said Pilorge. “We already had 20 people, but the explosion in demand from our clients made it difficult to grow at the rate we wanted to grow at.”

Pilorge pointed out that opportunities to buy firms with whole teams of highly skilled data warehousing consultants with intranet and electronic commerce skills, only come along once in a blue moon. The acquisition, he said, is totally in-line with the PW business development strategy.

He acknowledged that the firm would continue to look for similar opportunities, but declined to comment on whether it was engaged in any other acquisitions at present.

By the end of 1998 it aims to have doubled the size of the firm and grown the firms’ combined revenues by 100 per cent. At the end of 1996 Business & Decision increased its revenues and staff numbers by 100 per cent.

Related Articles

5 key tech innovations helping accountants transform their businesses

Accounting Software 5 key tech innovations helping accountants transform their businesses

3m Heather Darnell, Founder of Ask the BOSS
Finance and the tech foundation: what’s needed to deliver impactful business insights?

Accounting Software Finance and the tech foundation: what’s needed to deliver impactful business insights?

5m Workday | Sponsored
Best accounting software for businesses in the UK

Accounting Software Best accounting software for businesses in the UK

5m Accountancy Age, Reporters
Making sense of enterprise tech concepts for finance teams

Accounting Software Making sense of enterprise tech concepts for finance teams

6m Workday | Sponsored
Open Banking: what you need to know

Accounting Software Open Banking: what you need to know

6m Edward Berks, Xero
Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

8m Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

12m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

12m Alia Shoaib, Reporter