Chicago-headquartered Huron Consulting Group Inc, a leading provider of business consulting services, has acquired Rittman Mead India of Rittman Mead Consulting Ltd, a data and analytics consulting firm that specializes in the implementation of enterprise performance management (EPM) and analytics systems.
The acquisition was announced on July 1, 2015.
The addition of Rittman Mead India enhances Huron’s EPM and Analytics offerings to clients on a global scale, while also providing a local presence for clients based in India.
“The addition of the Rittman Mead India team is significant to Huron on a number of fronts,” said Jay Laabs, managing director and leader of Huron Consulting Group’s Enterprise Performance Management & Analytics practice.
“The team will further enhance our core EPM skills with a platform to expand our technology depth with a remote delivery capability. It also provides us access to the local market in India with a recognized and respected presence. We are pleased to welcome the Rittman Mead India team to Huron.”
Bangalore-based Rittman Mead India is led by Venkatakrishnan Janakiraman. As an Oracle ACE and globally recognized speaker, Janakiraman and his team in India excel in providing value to customers by implementing Oracle EPM and Analytics services to solve complex business problems. Rittman Mead India was recently named the India Oracle Business Analytics Partner of the Year 2015.
“Huron and Rittman Mead India have a similar approach to addressing clients’ needs,” said Janakiraman. “We are both committed to solving clients’ business issues as well as complex technical issues. I believe that our team in India will mesh well with Huron’s global EPM and Analytics strategy for continued growth.”
The acquisition will result in more than 40 executive, technical and sales professionals joining Huron’s EPM & Analytics practice.
Janakiraman will join Huron as a managing director.
For reporting purposes, Rittman Mead India will be included in the Huron Business Advisory segment, which includes the EPM & Analytics practice. Rittman Mead Consulting Ltd. and its affiliates other than Rittman Mead India were not included as part of the transaction. Terms of the acquisition were not disclosed.
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