What Deloitte Iceland does

Deloitte Iceland is the Icelandic member firm of Deloitte Touche Tohmatsu Limited (DTTL), one of the Big Four global professional services networks, headquartered in Kópavogur with 101–250 employees. Established as a local member firm in 1988, it provides audit and assurance, consulting, tax, and advisory services to Icelandic enterprises, public-sector institutions, and private companies across the major verticals served by the global network — financial services, energy and industrials, life sciences and health care, technology/media/telecommunications, consumer, government and public services, sports, and private equity.

The firm's service portfolio, delivered through the global network's methodologies and alliance relationships, spans AI & Engineering, Audit & Assurance, Blockchain & Digital Assets, Business Process Solutions, Consulting (including Cyber, Human Capital, Strategy & Transactions, Operate, and Regulatory/Risk/Forensic sub-practices), Deloitte Digital, Deloitte Private, Enterprise Performance, Finance, Human Capital, IndustryAdvantage™, M&A and Restructuring, Operate, Regulatory/Risk & Forensic, Strategy & Transactions, Sustainability, Tax, and Trade and Tariffs. Underlying capabilities combine proprietary frameworks (notably IndustryAdvantage™, which packages industry-specific assets and accelerators) with deep alliances to AWS, Google, Oracle, Salesforce, SAP, ServiceNow, and Workday for integrated cloud, ERP, CRM, and HR-technology delivery. The firm does not have standalone Iceland-developed AI/ML IP in the input data; AI, data, and cloud engineering capabilities are accessed through the network's AI & Engineering practice and partner ecosystems.

Deloitte Iceland earns revenue through project-based professional services engagements: scoping, pricing, and team composition are determined per engagement, with combinations of project-based work, retainers, and longer-term advisory contracts. The go-to-market is enterprise-led direct sales, supported by global thought-leadership platforms (Deloitte Insights, Dbriefs webcasts) and industry-specific case-study content. Member-firm-level economics are governed locally, while quality and brand standards flow from DTTL; the firm competes in Iceland's small but high-value enterprise advisory market alongside the other Big Four and regional/niche consultancies.

Name

Deloitte Iceland

Legal name

Deloitte Touche Tohmatsu Limited

Website

https://www2.deloitte.com

Company type

Private

Founded year

1845

Operating status

Operating

Headcount range

101–250 employees

Short description

Deloitte Iceland is the Icelandic member firm of the Deloitte global Big Four professional services network, headquartered in Kópavogur and employing 101–250 people. It delivers audit and assurance, consulting, tax, and advisory services to Icelandic enterprises, public-sector bodies, and private companies across the major global Deloitte verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Kópavogur

HQ country

Iceland

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services Revenue: Deloitte generates revenue through providing professional services including consulting, audit and assurance, tax services, and advisory services to enterprise clients. Revenue is generated through project-based engagements, retainer arrangements, and long-term consulting contracts across multiple service lines.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Deloitte Iceland is the Icelandic member firm of the Deloitte global network, providing professional services including audit and assurance, tax, management consulting, financial advisory, risk and regulatory consulting, cybersecurity, and enterprise technology implementation. Services are sold to enterprise and public-sector clients through project-based engagements, retainer arrangements, and long-term consulting contracts. Delivery is supported by global DTTL methodologies (such as IndustryAdvantage) and alliances with major enterprise software vendors.

Product overview

Deloitte operates as a professional services firm offering a comprehensive portfolio of consulting, audit, tax, and advisory services organized around industry-specific practices. The service offerings are delivered through distinct practices including AI & Engineering, Audit & Assurance, Consulting (Cyber, Human Capital, Strategy & Transactions, Operate), Tax, and specialized offerings such as Deloitte Private and Deloitte Digital. Deloitte's services span strategic advisory, technology implementation, risk management, and operational support across industries including Consumer, Energy/Resources/Industrials, Financial Services, Government & Public Services, Life Sciences & Health Care, Private Equity, Sports, and Technology/Media & Telecommunications. The firm utilizes proprietary frameworks like IndustryAdvantage™ to accelerate client transformations.

Differentiator

Problem solved

Functional benefit

Brands

• Deloitte Digital: Customer experience and digital transformation services
• Deloitte Private
• Deloitte Touche Tohmatsu Limited (DTTL)
• IndustryAdvantage
• Deloitte Insights

Products and services

• Audit & Assurance Financial statement audits, internal controls, and specialized assurance including sustainability reporting, delivered to enterprise and public-sector clients.
• Tax Comprehensive tax services including direct tax, indirect tax, global employer services, transfer pricing, tax technology consulting, and business tax advisory.
• Consulting Broader consulting practice encompassing cyber, human capital, strategy, transactions, operate services, and regulatory/forensic services for enterprise clients.
• AI & Engineering Consulting practice offering AI & Data, Cloud Services, Cloud Engineering, and Industry Solutions to help clients implement AI, cloud, and technology transformations.
• Cyber Cybersecurity services including Cyber Defense & Resilience, Cyber Operate, Cyber Strategy & Transformation, Digital Trust & Privacy, Enterprise Security, Cyber AI, and Platformization.
• Enterprise Performance Services focused on enterprise technology performance including emerging ERP solutions, Oracle and SAP implementations, ServiceNow services, and supply chain operations.
• Strategy & Transactions Strategy consulting, infrastructure and real estate advisory, valuation and modeling, and sustainability strategy services.
• M&A and Restructuring Services Mergers and acquisitions advisory, restructuring services, private equity M&A support, and sustainable infrastructure M&A strategy.
• Regulatory, Risk & Forensic Regulatory and financial risk advisory, forensic discovery, and financial crime investigation services.
• Human Capital HR strategy and technology, organization and workforce transformation, and change management services.
• Finance Finance function consulting and transformation services to help CFOs and finance departments.
• Operate Managed services and operations support to help clients run and transform business operations.
• Sustainability Climate and sustainability consulting services helping organizations address environmental challenges and implement sustainable practices.
• Deloitte Private Specialized services for private companies, family businesses, and entrepreneurs.
• Deloitte Digital Digital transformation services offering customer strategy & design, marketing, commerce & product, and sales & service capabilities.
• Business Process Solutions Tax and finance-focused business process outsourcing and solutions services.
• Blockchain & Digital Assets Service capability focused on blockchain technology implementation and digital assets solutions for enterprise clients.
• Trade and Tariffs Trade and tariffs advisory services including supply chain trade strategies.

Quantifiable outcome

• Speed up production and reduce scrap-related costs for aerospace parts manufacturer
• +2 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• AWScoreTechnology or IntegrationAWS alliance providing cloud infrastructure and services integration with Deloitte consulting capabilities for cloud transformation engagements.
• GooglecoreTechnology or IntegrationGoogle partnership for AI, cloud, and technology integrations enabling Deloitte to deliver Google-based solutions to enterprise clients.
• OraclecoreTechnology or IntegrationOracle alliance for enterprise applications and database solutions, with dedicated Oracle practice within Enterprise Performance service line.
• SalesforcecoreTechnology or IntegrationSalesforce partnership for customer relationship management implementations and Deloitte Digital customer practice offerings.
• SAPcoreTechnology or IntegrationSAP alliance for enterprise resource planning implementations, integrated into Enterprise Performance service offerings.
• ServiceNowcoreTechnology or IntegrationServiceNow partnership for workflow and digital operations platforms, supporting enterprise operations transformation.
• WorkdaycoreTechnology or IntegrationWorkday partnership for human capital and financial management solutions, supporting HR and finance transformation engagements.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Boston Consulting Group: Global management consulting firm with deep strategy and industry practices. Comparable to Deloitte Iceland's strategy and transformation engagements; broader incumbent not focused on audit/assurance.
• Bain & Company: Global management consulting firm competing with Deloitte Iceland for strategy, M&A advisory, and operations engagements; broader incumbent without an audit/assurance practice.
• Accenture: Global professional services firm with a large strategy, consulting, and digital footprint. Competitor to Deloitte Iceland in technology consulting, digital transformation, and managed services; broader incumbent at much larger scale.
• Deloitte (DTTL global network): The global umbrella Deloitte network of which Deloitte Iceland is a member firm. Provides the brand, methodology, alliances, and cross-border resourcing that Deloitte Iceland draws on; broader incumbent operating across every Deloitte vertical worldwide.
• McKinsey & Company: Global management consulting firm. Comparable to Deloitte Iceland's Strategy & Transactions and Human Capital practices; broader incumbent operating at the top of the consulting market without an audit practice.

Direct peers

• PwC Iceland: Icelandic member firm of PwC, one of the Big Four. Directly comparable to Deloitte Iceland across audit/assurance, tax, and advisory services targeting the same Icelandic enterprise base.
• EY Iceland: Icelandic member firm of EY, one of the Big Four. Competes head-to-head with Deloitte Iceland in audit, consulting, tax, and transactions advisory across Icelandic industries.
• BDO Iceland: Icelandic office of BDO, the largest mid-tier accounting and advisory network. Direct competitor to Deloitte Iceland in audit, tax, and advisory for mid-market Icelandic companies that don't require Big Four scale.
• KPMG Iceland: Icelandic member firm of KPMG, one of the Big Four. Provides the same audit, tax, and consulting portfolio as Deloitte Iceland for Icelandic enterprise and public-sector clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Deloitte Iceland