Apple Pushes Into Enterprise Space With Deloitte Partnership
Zacks Investment Research | Sep 28, 2016 11:36PM ET
Apple Inc. (NASDAQ:AAPL) yesterday announced that it is forming a strategic partnership with Deloitte in order to advance its iOS enterprise offerings using iPhone and iPad.
As a part of this deal, Apple will get access to approximately 5,000 strategic advisors through Deloitte. CEO Tim Cook stated “As the leader in digital transformation strategy, Deloitte is an ideal partner that brings a team of Apple-dedicated strategic advisors to help clients truly revolutionize how they work using iOS, iPhone and iPad.”
This apart, Apple and Deloitte are expanding their collaboration to create new services like EnterpriseNext. This novel service from Deloitte will cater to over 20 industries and will leverage Apple’s enterprise solutions to provide customers with a range of diverse offerings. These include EnterpriseNext Value Maps and EnterpriseNext Workshops, which will have both syndicated and customized enterprise apps. Also, Deloitte, from its global Digital Studios, will have dedicated architects, designers and engineers developing apps for complementing existing business platforms like ERP, CRM, analytics and HR.
Apple has been gradually expanding into the enterprise market, which bodes well for the company, given the higher margins compared with retail offerings. In the past the company has partnered with the likes of International Business Machines Corporation (NYSE:IBM) , Cisco Systems, Inc. (NASDAQ:CSCO) and SAP SE (NYSE:SAP) to broaden its presence in the market.
Apple is a Zacks Rank #3 (Hold) stock. You can see Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.