December 9, 2014

Theta acquires Indigo, cementing position as top NZ BI consultancy



Last month Theta completed the acquisition of Auckland-based business intelligence firm Indigo. Our business intelligence team grows to more than 50 specialist consultants in Auckland, Wellington and Christchurch as a result.

Indigo is well known and established in the Auckland BI market. It counts University of Auckland and The Warehouse among its many medium and large enterprise customers. Indigo’s highly regarded consulting team, including Director Sefton Thesing, joins our BI practice.

Theta becomes the New Zealand agent for enterprise BI application MicroStrategy as part of the Indigo acquisition. This complements existing partnerships with Microsoft, IBM, Oracle and Wherescape for a full spectrum of BI solutions.

Scott Tunbridge, MicroStrategy Channels Director Australia & NZ, said:

“MicroStrategy is very excited to be working with Theta. Our customers will benefit from their enhanced capabilities and expertise, and we also see fantastic opportunities to increase our already strong presence in the New Zealand enterprise BI market.”

Six Degrees, Indigo’s enterprise budgeting, planning and forecasting solution built on the MicroStrategy platform, is also part of the deal. Continued investment in the product is planned, with Indigo's Peter Hanley focused on business development activities to take Six Degrees to international markets.

About Six Degrees Planning

Six Degrees Planning is an enterprise level financial software application, delivering real-time, collaborative budgeting, forecasting and financial consolidation with the power of MicroStrategy for reporting and analytics.

About MicroStrategy Incorporated

Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading provider of enterprise software platforms.  The company's mission is to provide the most flexible, powerful, scalable, and user-friendly analytics and identity management platforms, offered either on premises or in the cloud.