Chartertech, IBM partner in Canberra, acquires Infocube – Services

Canberra-based partner IBM Chartertech has acquired Sydney-based management accounting firm and fellow reseller IBM Infocube for an undisclosed sum.

The acquisition was intended to expand the financial and technology consultancy and advisory firm’s operational footprint in New South Wales, as well as its capabilities in IBM TM1, also known as Planning Analytics.

Infocube specializes in TM1, in particular business analysis, business intelligence and performance management. Clients include defense giant Thales, Scott’s Refrigerated Logistics, Port Authority of NSW.

The company also has its own IBM Planning Analytics training platform, ExploringTM1, and an online community and paid consulting, training and membership platform, TM1 Explorers.

“We are excited to join the Chartertech family and expand our TM1 and Cognos capability for current and future customers,” said Infocube Founder and CEO John Vaughan.

“We will continue to serve our customers as part of Chartertech and operate the ExploringTM1 and TM1 Explorers platforms, and in addition we will collaborate with Chartertech on larger projects. We look forward to working with other Planning Analytics specialists to innovate and expand our TM1 service offering, and to work with complementary Chartertech products and service lines.

Chartertech Co-Founding Director George Skillin said: “We are delighted to have entered into an agreement with Infocube which expands Chartertech NSW’s operational footprint and our TM1 capability, and enables the Infocube team to deepen its capabilities. and its capabilities for projects through our platform.

“Over 20 years, John Vaughan and the Infocube team have established themselves as IBM TM1 specialists here in Australia and around the world. This acquisition is a fantastic opportunity for us to combine to provide better financing capability to our customers, especially in the defense and national security sector. We look forward to onboarding John and his team to the Chartertech TM1 DevOps team.

Chartertech co-founding director Michael McRoberts said he was looking forward to expanding the company’s presence in New South Wales with a new office in Sydney.

“We will be expanding our Sydney team in addition to Infocube so that Chartertech has a greater presence in New South Wales that can serve state government and private sector clients.”

“While our immediate focus is on our TM1 business, including IBM Cloud Pak for Data applications, we are also looking forward to expanding our TechnologyOne services in the region. This is an exciting high point in Chartertech’s growth journey.

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