For those hoping to climb the ladder of success, [Vaults] insights are priceless. Money magazine The best place on the web to prepare for a job search. Fortune [Vault guides] make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections [and] university career centers. Library Journal The granddaddy of worker sites. US News and World Report A killer app. New York Times One of Forbes 33 Favorite Sites Forbes To get the unvarnished scoop, check out Vault. Smart Money Magazine Vault has a wealth of information about major employers and job- searching strategies as well as comments from workers about their experiences at specific companies. The Washington Post A key reference for those who want to know what it takes to get hired by a law firm and what to expect once they get there. New York Law Journal Vault [provides] the skinny on working conditions at all kinds of companies from current and former employees. USA Today 2004 Vault Inc. VAULT GUIDE TO THE TOP 25 TECHNOLOGY CONSULTING FIRMS STEPHANIE CLIFFORD, MARSHALL LAGER AND THE STAFF OF VAULT. 2004 Vault Inc. VAULT GUIDE TO THE TOP 25 TECHNOLOGY CONSULTING FIRMS SPONSORED BY: TATA CONSULTING SERVICES, DELOITTE & TOUCHE, DIAMOND CLUSTER, COVANSYS CORPORATION, KAPLAN INC., ACCENTURE, KEANE, INC., FREE TECH TRAINING BLAST Copyright 2004 by Vault Inc. All rights reserved. All information in this book is subject to change without notice. Vault makes no claims as to the accuracy and reliability of the information contained within and disclaims all warranties. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without the express written permission of Vault Inc. Vault, the Vault logo, and the most trusted name in career information TM are trademarks of Vault Inc. For information about permission to reproduce selections from this book, contact Vault Inc.,150 W. 22nd Street, 5th Floor, New York, New York 10011, (212) 366-4212. Library of Congress CIP Data is available. ISBN 1-58131-265-2 Printed in the United States of America ACKNOWLEDGMENTS Thanks to everyone who had a hand in making this book possible, especially Ed Shen, Todd Kuhlman, Marcy Lerner, Elena Boldeskou and Laurie Pasiuk. We are also extremely grateful to Vaults entire staff of writers, editors and interns for all their help in the editorial and production processes. Vault also would like to acknowledge the support of Matt Doull, Ahmad Al-Khaled, Lee Black, Eric Ober, Hollinger Ventures, Tekbanc, New York City Investment Fund, Globix, Hoover s, Glenn Fischer, Mark Hernandez, Ravi Mhatre, Carter Weiss, Ken Cron, Ed Somekh, Isidore Mayrock, Zahi Khouri, Sana Sabbagh, and other Vault investors, as well as our family and friends. In order to ensure that our research was thorough and accurate, we relied on a number of people within the consulting firms that we profiled. A special thanks to all of the recruiting managers, public relations executives, marketing professionals and consultants who graciously provided feedback whenever we needed it. To the hundreds of consultants who took the time to be interviewed or to complete our survey, we could never thank you enough. Your insights about life inside the top consulting firms were invaluable, and your willingness to speak candidly will be a great service to job seekers and career changers for years to come. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. ix C A R E E R L I B R A R Y INTRODUCTION 1 A Guide to This Guide . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 THE VAULT PRESTIGE RANKINGS 5 Ranking Methodology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 The Vault 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 OVERVIEW OF THE TECHNOLOGY CONSULTING INDUSTRY 11 The State of Technology Consulting . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 THE VAULT 25 19 IBM Global Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20 Deloitte Consulting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28 Accenture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36 Cap Gemini Ernst & Young . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .44 BearingPoint . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .50 Perot Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .58 Keane . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Sapient Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 EDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .74 Computer Sciences Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .80 Logica/CMG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .86 META Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .92 DiamondCluster International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .96 Infosys Technologies Ltd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .106 American Management Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .110 PA Consulting Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .118 Telcordia Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .126 Wipro Ltd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .130 Tata Consulting Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .134 Table of Contents Vault Guide to the Top 25 Technology Consulting Firms Table of Contents 2004 Vault Inc. x C A R E E R L I B R A R Y The Titan Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .138 Syntegra . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .142 T-Systems International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .146 SBI and Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .150 Atos Origin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .154 Fujitsu Consulting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .158 THE BEST OF THE REST 161 Alliance Consulting Group Associates . . . . . . . . . . . . . . . . . . . . . . . . . .162 Aquent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .164 Ciber . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .168 Commerce One . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .172 Computer Task Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .176 Covansys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .184 GFI Informatique . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .188 SchlumbergerSema . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .192 Technology Solutions Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .196 Tiax, LLC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .198 Xansa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .202 APPENDIX 207 Index of Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .209 ABOUT THE AUTHOR 211 How many consulting job boards have you visited lately? (Thought so.) Vault Consulting Job Board The most comprehensive and convenient job board for consulting professionals. Target your search by area of consulting, function, and experience level, and find the job openings that you want. No surfing required. VaultMatch Resume Database Vault takes match-making to the next level: post your resume and customize your search by area of consulting, experience and more. Well match job listings with your interests and criteria and e-mail them directly to your inbox. Use the Internets most targeted job search tools for consulting professionals. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 1 C A R E E R L I B R A R Y Welcome to the first edition of Vaults Guide to the Top 25 Technology Consulting Firms. While Vault has published a guide to consulting for six years, 2004 is the first year we ve put out a guide to the very top technology consulting firms. The 25 top technology consulting firms were chosen and ranked by 315 practicing IT consultants though an exclusive Vault survey. In total, you ll find 36 technology consulting firms in this guide. The technology consultants in this book range from Big Four powerhouses to specialized boutiques, and are headquartered all over the world. One thing s for certain, though they re all top, desirable technology consulting employers. Technology consulting has seen a few slow years, but the industry is poised for a renaissance a resurgence that many industry observers think has already started. Do your research. Take a look at the firms in our guide you might be choosing your next employer. Good luck with your technology consulting career! The Editors Vault, Inc. A Guide to this Guide If you re wondering how our entries are organized, read on. Here s a handy guide to the information you ll find packed into each firm profile in this book. Firm facts Locations: Alisting of the firm s offices, with the city of its headquarters bolded. For firms with a relatively small number of offices, all cities are included. Countries for international offices are typically not specified unless the location is uncommon. Introduction Practices Areas: Official departments that employ a significant portion of the firm s consultants. Practice areas are listed in alphabetical order regardless of their size and prominence. Uppers and Downers: Good points and, shall we say, less positive points of the firm, as derived from consultant interviews and surveys, as well as other research. Uppers and downers are perceptions based on surveys, research and interviews and are not based on statistics. Employment Contact: The person, address or web site that the firm identifies as the best place to send resumes or the appropriate contact to answer questions about the recruitment process. Sometimes more than one contact is given. The Buzz When it comes to other consulting firms, our respondents are full of opinions! We asked them to detail their opinions and observations about firms other than their own, and collected a sampling of these comments in The Buzz. When selecting The Buzz, we included quotes most representative of the common outside perceptions of the firms, even if in our opinion the quotes did not accurately or completely describe the firm. Please keep in mind when reading The Buzz that it s often more fun for outsiders to trash than praise a competing consulting firm. Nonetheless, The Buzz can be a valuable means to gauge a firm s reputation in the consulting industry, or at least to detect common misperceptions. We typically included two to four Buzz comments. In some instances we opted not to include The Buzz if we did not receive a representative array of comments. The Stats Employer Type: The firm s classification as a publicly traded company, privately held company or subsidiary. Stock Symbol: The stock ticker symbol for a public company. Stock Exchange: The exchange on which a public company s stock is traded. Vault Guide to the Top 25 Technology Consulting Firms A Gui de to thi s Gui de 2004 Vault Inc. 2 C A R E E R L I B R A R Y Chairman, CEO, etc.: The name and title of the leader of the firm. Sometimes more than one name, or the name of the head of the firm s consulting business, may be provided. No. of Employees: When disclosed, the total number of employees, including consultants and other staff, at a firm in all offices (unless otherwise specified). Some firms do not disclose this information; numbers for the most recent year the information is available (if at all) is included. Revenue: The gross sales (in U.S. dollars) the firm generated in the specified fiscal year(s). Some firms do not disclose this information; numbers for the most recent year the information is available (if at all) is included. In some cases, revenue is given in Euros (EUR). The Profiles The profiles are divided into three sections: The Scoop, Getting Hired and Our Survey Says. The Scoop: The firm s history, clients, recent firm developments and other points of interest. Getting Hired: Qualifications the firm looks for in new associates, tips on getting hired and other notable aspects of the hiring process. Our Survey Says: Actual quotes from surveys and interviews with current consultants of the firm on topics such as the firm s culture, feedback, hours, travel requirements, pay, training and more. Profiles of some firms do not include an Our Survey Says section. Best of the Rest Even though the name of this book is the Vault Guide to the Top 25 Technology Consulting Firms, we didn t stop there, including 11 other firms we thought notable and/or interesting enough for inclusion. These firms are listed alphabetically. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 3 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms A Gui de to thi s Gui de THE VAULT PRESTIGE RANKINGS Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 5 C A R E E R L I B R A R Y Ranking Methodology This year, for the 2004 edition of the Vault Guide to the Top 25 Technology Consulting Firms, we selected a list of top technology consulting firms to include on the Vault survey. These firms were selected because of their prominence in the technology consulting industry and their interest to job seekers. The Vault survey was distributed to the firms on Vaults list in the summer and fall of 2003. In some cases, Vault contacted practicing consultants directly. Survey respondents were asked to do several things. They were asked to rate each consulting firm on the survey on a scale of one to 10 based on prestige, with 10 being the most prestigious. (Consultants were unable to rate their own firm. They were asked only to rate firms with which they were familiar.) Vault collected the 315 survey results and averaged the score for each firm. The firms were then ranked, with the highest score No. 1, all the way to No. 25. We also asked survey respondents to give their perceptions of other consulting firms besides their own. A selection of those comments is featured on each firm profile as The Buzz. We typically included two to four Buzz comments. In some cases, we opted not to include the Buzz on a profile. Remember that Vaults Top 25 Technology Consulting Firms are chosen by practicing consultants at top consulting firms. Vault does not choose or influence the rankings. The rankings measure perceived prestige (as judged by consulting professionals) and not revenue, size or lifestyle. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 7 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms The Vaul t Presti ge Ranki ngs Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 9 C A R E E R L I B R A R Y RANK FIRM 1 IBM Global Services HEADQUARTERS Somers, NY 6.1806 2 Deloitte New York, NY 6.1707 3 Accenture New York, NY 5.9209 4 Cap Gemini Ernst & Young New York, NY 5.5549 5 BearingPoint McLean, VA 5.3514 6 Perot Systems Dallas, TX 4.8367 7 Keane Boston, MA 4.6286 8 Sapient Cambridge, MA 4.537 9 EDS Plano, TX 4.4681 10 Computer Sciences Corporation El Segundo, CA 4.4658 11 Logica/CMG London, UK 4.4286 12 META Group Stamford, CT 4.4063 13 DiamondCluster International Chicago, IL 4.3200 14 Infosys Business Consulting Services Bangalore, India 4.2286 15 American Management Systems Fairfax, VA 3.9767 16 PA Consulting London, UK 3.8889 17 SAIC/Telcordia Technologies Piscataway, NJ 3.8333 18 Wipro Services Bangalore, India 3.7674 19 Tata Consulting Mumbai, India (HQ) New York, NY (U.S. HQ) 3.6111 20 Titan Corporation San Diego, CA 3.6000 21 Syntegra Fleet, UK (HQ) Arden Hills, MN (U.S. HQ) 3.5682 22 T-Systems Frankfurt am Main, Germany 3.5667 23 SBI and Company Salt Lake City, UT 3.5263 24 Atos Origin Hoofddorp, Netherlands (HQ) Paris (Financial HQ) 3.475 25 Fujitsu Consulting/DMR Consulting Edison, NJ 3.431 SCORE The Vault 25 2004 [The 25 most prestigious technology firms] Vault Guide to the Top 50 Management and Strategy Consulting Firms xxxx Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 11 C A R E E R L I B R A R Y OVERVIEW OF THE TECHNOLOGY CONSULTING INDUSTRY Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 13 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry The State of Technology Consulting IT consulting traces its roots from several parents. Traditional management and strategy consultants found their clients wanted more than just advice and reorganization; forward-thinking CEOs wanted their computers and electronics to be more than just a convenience. Another dollop of DNA comes from the engineers and Web heads who facilitated the rise of the Internet in the late 1980s and early 1990s. As technology became more complex, these Silicon Alley gurus scaled up their offerings to keep pace. Thirdly, traditional technology firms, like IBM, have moved strongly into the consulting field over the past 20 years as sales of their mainstay hardware have stagnated. The technology consulting industry arose in response to the growing availability of computer technology in the workplace. Businesses realized that effective technology and technological processes were essential to maintaining competitive footing in the workplace. However, many companies found themselves without the internal capability to update their tech. The solution? Technology consulting companies. Outdated internal tech departments (or the absence of such a department altogether) prompted companies to employ computer savvy offered by IT consulting firms. The growth in governmental outsourcing of technology needs both from the United States and other nations has also been a boon to technology consulting firms. The Big Five er, Four Five firms (Andersen, Deloitte & Touche, KPMG, PricewaterhouseCoopers and Cap Gemini Ernst & Young) rose to dominate professional services, including both accounting and consulting. These so-called Big Five developed noteworthy technology consulting practices in the 20th century. Unfortunately, they also developed some noteworthy conflicts of interest; the highly-publicized accounting scandals of the late 1990s and early 21st century came from these sources. Ethical lapses at Andersen, in particular, led to its dissolution and sale to its rivals. Another result was the passage of the Sarbanes-Oxley Act, which established rules and penalties for professional services firms. The act made it less practical and more difficult for a firm to provide both accounting and advisory services; of the Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry 2004 Vault Inc. 14 C A R E E R L I B R A R Y remaining Big Four (or, more popularly, Final Four), only Deloitte has maintained a unified practice. Blue skies? Like many businesses, technology consulting firms have suffered in recent years as the United States economy fell into a recession. Corporations cut back on technology spending and outside hiring during the slump, forcing the technology firms that depended on their business to endure falling profits and layoffs. (Technology firms that rely on government contracts, however, suffered a lighter downturn, especially with the increase in defense and security technology work contracts after the September 11 attacks and reconstruction efforts in Afghanistan and Iraq.) However, the beginning of 2004 is bringing brighter times to the industry. The United States economy is apparently in recovery, and companies are beginning to turn an eye to deferred technology upgrades. The cost-saving measure known as business process outsourcing (BPO) continues to grow in popularity. Revenue growth outside the United States has been a plus for many technology consulting firms BearingPoint, for example, grew its business by just 1 percent in the United States in 2002, but 33 percent overall. The internationalization of technology consulting One of the most noteworthy trends in technology consulting has been outsourcing engagements outside North America and Europe. India, China and a number of other countries (including Singapore, the Philippines and Pakistan) have benefited from the outsourcing of development and tech support to those countries. According to US Banker, a Forrester Research report projects that 3.3 million service- and knowledge-based jobs will migrate to other countries by 2015. Market research firm Gartner predicts that up to 40 percent of U.S. companies will develop or test software, provide tech support, or provide storage functions overseas by 2004. The loss of American jobs to foreign corporations is a hot campaign issue; Democratic presidential candidates Howard Dean and John Edwards have both made this a plank in their platforms. There has been some talk among legislators as well of action to limit the practice of offshoring, as it is also called, but so far it s just talk. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 15 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry Outsourcing started in India, as U.S. consultancies, financial firms and other businesses tried to take advantage (literally) of a large pool of technical personnel who were willing to work for less. Alok Aggarwal, head of outsourcing-expediter Evalueserve, estimated in a Business Standard article that new consultants in India earn about a fifth what their U.S. counterparts do. The smarter firms also used their Asian locations as a selling point; Sapient Corp. instituted a global distributed delivery model, passing engagements across time zones to speed completion. Other firms have either independently developed similar models or copied Sapient s. What goes around, comes around Now, however, the influx of work has created offshore powerhouses that compete with the very companies who provided the work. The Indian government has worked to create a business-friendly environment by instituting economic incentives and infrastructure investments. In addition to India holding 70 to 80 percent of the outsourcing market, India-based firms such as Infosys Technologies and Tata Consultancy Services have become major players in their own right. As a result, wages are on the rise among Indian technicians, and their firms may in turn begin to outsource as well, perhaps to China. Stefan Spohr, a principal with EDS s A.T. Kearney, predicts that new outsourcing hot spots will include Mexico, South Africa and Hungary, to name a few candidates. Mergers and acquisitions IBM made big news when it acquired PricewaterhouseCoopers Consulting in October 2002. Big Blue saw its revenue surge as a result; IBM Global Services and IBM Business Consulting Services account for half of IBM s revenue today. Since that merger, there have been a large number of acquisitions in the tech consulting industry. Announcements of firms buying rivals, software developers and just about anybody else they think will improve and increase their business occur almost daily. Details of the more significant mergers may be found in this book s profiles, but many more are in the works. For example, SchlumbergerSema would have been ranked in this guide but the company was acquired by Atos Origin in 2003. Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry 2004 Vault Inc. 16 C A R E E R L I B R A R Y Harvesting the tech consulting crop Recently, there s been a blurring of the lines between management and technology consulting. Big strategy firms such as McKinsey and Booz Allen Hamilton have been beefing up their technology capabilities (Booz Allen Hamilton is especially prominent in the government consulting sector) while some IT firms look to make a name in management consulting (EDS, for example, acquired A.T. Kearney). A major reason for this is inherent to the sort of work consultants do. A lot of engagements don t fit neatly into one category or the other; revamping a company s business strategy might very well involve nuts-and-bolts changes to the infrastructure. Similarly, a simple technology implementation might spark a client to change its organization to take full advantage of the new tech resources. The result of a management process audit might show the client can work more efficiently by outsourcing some of its business processes, and all of a sudden a management project is an operations job. Less concrete, but still important, is the matter of image and perception. Consultants are problem solvers by nature and profession. To succeed, a firm must either own a niche or have a reputation for being able to do it all. Though most firms have specialties, competition makes niche ownership difficult to achieve, so a full-service image is often the solution. There s also a perception, erroneous but driven by potential clients cost- cutting efforts, that strategy consultants don t deliver anything that the company s own personnel couldn t come up with in time. Management firms have always had to overcome that prejudice, whereas technology specialists tend to work with deliverables a client can see and touch hardware, software and personnel. Engagements Security The world is still coping with the effects of the September 11 terrorist attacks and trying to prevent backlash from military expeditions. IT businesses have realized there s money to be made in designing and implementing better security and identification methods. Strides have been made in biometrics (the science of identifying a person via retina patterns, Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 17 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry voice, fingerprints and other unique biological characteristics), contraband detection and secure communications. SchlumbergerSema, acquired by Atos Origin in September 2003, devotes its DeXa suite of services to firewalls, security badges and disaster recovery. Research and development Some consultants spend their time in the lab creating new hardware and software. Often, this work is geared toward creating new products (servers, analysis software and the like) that will help the consultancy sell work or accomplish the engagements is undertakes. In other cases, the consultants must create something entirely new for a client s use; for example, this is the realm of military contractors like Raytheon. System Integration This is one of the traditional jobs of the IT consultant. When two companies merge, or a single company wants to implement new hardware or software, they turn to consultants to make all the technology compatible. Sometimes, this is a simple matter of installing upgrades or changing settings. More often, it s a long and arduous process of writing new code to force all the machines to play nicely together. Outsourcing Another long-time area of tech consulting expertise, business process outsourcing (BPO) is the bread and butter of many firms. Some companies find it easier and more cost-effective to pay somebody else to manage their technology for them. The consultants, in effect, become the client s IT department. They handle everything from help desk and call center operations to server maintenance to passkey and ID tag issuance. Even governments and their armies outsource nowadays; CIBER has a number of contracts with the U.S. Army Reserve s Regional Support Commands and the U. S. Army Civil Affairs and Psychological Operations Command, while Computer Sciences Corporation has outsourcing deals with the U.K., Germany s armed forces and Australia. Vault Guide to the Top 25 Technology Consulting Firms Overvi ew of the Technol ogy Consul ti ng I ndustry 2004 Vault Inc. 18 C A R E E R L I B R A R Y Web services Long the domain of design and hosting companies based in Silicon Alley (New York s tech center), Web services include e-commerce implementation and other secure-transaction work, though consultancies do some page design and site hosting as part of their overall deliverables as well. This specialty is receiving a lot of attention from major technology players like IBM, Hewlett-Packard and Accenture. Gartner predicts Web services spending will reach $14.3 billion by 2006, and a 2003 article in ConsultingCentral s Global IT Services Report claims, Each week acquisitions and business alliances are announced, with dozens of firms jostling for position in the space. Clearly, this is an emerging business that bears watching. THE VAULT 25 Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 19 C A R E E R L I B R A R Y 2004 Vault Inc. 20 C A R E E R L I B R A R Y Route 100 Somers, NY 10589 Phone: (914) 499-1900 Fax: (914)765-7382 www.ibm.com/services LOCATIONS Somers, NY (HQ) 300+ offices (data centers) in 160 countries worldwide PRACTICE AREAS Application Management Services Business Consulting Services e-Business Hosting Services Integrated Technology Services Strategic Outsourcing Services THE STATS Employer Type: Corporate business unit of IBM Stock Symbol: IBM Stock Exchange: NYSE Senior Vice President & Group Executive: Doug Elix 2002 Employees: 172,000 2001 Employees: 162,500 2002 Revenues: $36.4 billion 2001 Revenues: $35.0 billion UPPERS Pulls in big business DOWNERS Layoffs in not-so-distant past KEY COMPETITORS Accenture Computer Sciences Corporation EDS EMPLOYMENT CONTACT www.ibm.com/services/career IBM Global Services V A U L T P R E S T I G E R A N K I N G 1 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Massive and knowledgeable B-team Convincing, comprehensive The McDonalds of IT THE SCOOP Biggest of the big IBM is the world s largest high-tech firm, and business unit IBM Global Services is the world s largest IT services organization, including IT consulting services. With 170,000 employees, it is also the parent company s largest division (one of every two IBM employees is in Global Services), and with a 45 percent share of Big Blue s total revenue, its most profitable. Global Services biggest operation is outsourcing running IT systems for some of the world s largest companies but it also provides customer relationship management, hosting and IT consulting. Business management and strategy engagements are taken by IBM Business Consulting Services, a division of Global Services. Despite being the center of the IBM universe, Global Services might seem something like the odd man out. Much Global Services work is in areas outside IBM s hardware and software expertise, and because of its commitment to brand neutrality, it often recommends the products offered by IBM s competitors. This fact has, at times, led to internal competition among other business units. (These conflicts have largely been put to rest. The division is in the catbird seat: Big Blue s new CEO, as of March 2002, is Sam Palmisano, former head of Global Services.) Collecting awards Global Services is not only the biggest firm in the IT consulting services world, but it is one of the most respected. Its reputation was confirmed in February 2002, when it won the Management Consulting Association s Best Management Practice Award for IT. The business unit won the award after the successful completion of a project for the British government in which it created an online system allowing U.K. civil servants 24-hour access to policy papers and statistics. Global Services has attracted other accolades as well. In 2003, the United States Environmental Protection Agency (EPA) named IBM one of America s best workplaces for commuters. (IBM offers its employees such perks as transit passes, van and carpool subsidies, ride- matching, telecommuting and compressed work schedules. These perks are both environment- and employee-friendly.) Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 21 C A R E E R L I B R A R Y A demanding business One of Global Services biggest challenges has been the increase in customer demand for hosting.. As companies face pressures to reduce their IT budgets, they have begun looking for vendors to provide them with an easily scalable, full-service product that they can tailor to their specific needs. Global Services is responding to this demand with a new e-hosting set of services. Essentially an IT department for hire that treats computing as a utility, e-hosting services offer all the personnel and applications a company might need for a simple user fee, which can be scaled to fit a client s exact needs. The service has been very successful in the mid-market and in Asia, already inking a multibillion-dollar deal with a large, unnamed (but very important!) conglomerate. Signing on the dotted line With the economy in a downturn and the high-tech sector in a tailspin, one might expect the last few years to have been rough for Global Services. On the contrary: thanks to increased demand for outsourcing and hosting services, the division s market position is rather rosy. In February 2002, IBM and American Express signed a $4 billion e-business on demand deal. The seven-year agreement, which contains an option to extend the contract to 10 years, is designed to enhance American Express systems performance while lowering their total costs. More than 2,000 American Express employees joined IBM under the terms of the agreement. In December 2002, financial services bigwig J.P. Morgan Chase signed a seven-year outsourcing agreement with IBM. The deal was valued in excess of $5 billion. Under the terms of the deal, J.P. Morgan Chase outsourced much its IT operational services to IBM, including data centers, help desk services, distributed computing and voice and data networks. As a result of the deal, approximately 4,000 J.P. Morgan Chase employees transferred to IBM in the first half of 2003. Probably the biggest news for Global Services in 2002 was IBM s October acquisition of PricewaterhouseCoopers Consulting, (PwC) along with all 30,000 of its personnel. This prompted the formation of a new business unit, IBM Business Consulting Services (BCS), created from PwC and the Business Innovation Services branch of Global Services, which doubled in size with the acquisition. BCS is now a distinct operation within Global Services. Around the time of the PwC acquisition, IBM also announced that it was buying EADS Matra Datavision, a French consultancy specializing in product lifecycle management (PLM) solutions. Adding the group s capabilities to IBM Global Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces 2004 Vault Inc. 22 C A R E E R L I B R A R Y Services would put the company in line to take advantage of the PLM growth, a $2 billion market that advisory firm IDC predicts will grow to $5.5 billion by 2006. Psst! Its a secret In November 2001, IBM expanded its existing privacy services by introducing its Safety and Security practice, in response to emerging worldwide security issues. This corporate-level office provides businesses and the public sector with improved security solutions, from enhanced intrusion detection services and vulnerability assessments to classes for corporate officers. Global Services also aligned itself with New Yorks Kroll, Inc., a specialized security firm, to offer corporate defense, crisis management and business and asset protection solutions. Trimming the fat Despite its dominant industry position, Global Services laid off 2,100 employees during 2001 in an attempt to cope with its rapid expansion during the 1990s it added 10,000 employees in the first part of 2001 alone. In July 2001, it cut 1,500 jobs for what it termed changes in client demand. Then, in April 2002, it released another 600 workers, mainly customer engineers working in computer and software repair. Even more cuts came at the end of May 2002, when IBM slashed almost 2,000 jobs, mostly in its large computer, software and global financing divisions. (Culled employees were given 30 days to try to find another position within the company.) The proliferation of pink slips reportedly the largest IBM has undergone since the company s struggles in the early 1990s is part of an effort to slash costs throughout IBM s operations. Some more layoffs came in February 2003, when IBM announced it was cutting 1,000 U.S.-based people in the software and Global Services divisions. According to The Wall Street Journal, IBM CEO Samuel J. Palmisano did not dispute Sanford C. Bernstein analyst Toni Sacconaghi s prediction that the company as a whole could cut as much as 6 percent of its workforce, or 20,000 jobs. The actual total was closer to 15,000 throughout 2002, but twice that many became IBMers when PricewaterhouseCoopers Consulting was acquired in October 2002. Billion-dollar engagements aplenty IBM Global Services has been pulling in high-value business lately. Notably, in 2002 the massive firm took on five separate projects, each valued at $1 billion or more. All Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 23 C A R E E R L I B R A R Y are technology outsourcing deals, and in several cases a significant number of the hiring company s employees will join IBM. Boots and all In October 2002, the group signed a $1.1 billion contract with Boots, the U.K. s largest pharmacy chain, to outsource the company s IT needs, enhance its already well-liked customer service and improve cost efficiency. Boots believes that the project will enable it to save nearly $210 million over the term of the contract. IBM will garner more than 400 Boots employees. Dealing with Deutsche December 2002 saw Deutsche Bank sign a 10-year, $2.5 billion outsourcing agreement with IBM, which will take over the operation of the financial giant s computer centers in eight European nations, absorbing 900 employees in the process. IBM Global Services will also build a brand new data center in Germany. Deutsche Bank hopes to save $1 billion over the course of the contract by changing its IT cost structure and focusing on its core business. Also in December, IBM Global Services took on a $5 billion outsourcing project for J.P. Morgan Chase, the financial services powerhouse. The seven-year deal will include the transfer of 4,000 Chase employees to IBM. Car support Visteon Corporation, an automotive technology manufacturer, engaged IBM Global Services in February 2003 for a $2 billion agreement, which will involve a wide range of IT outsourcing, architecture and process rebuilding, as well as general support over the course of 10 years. Scandinavian overhaul IBM inked a 10-year, 2.2 billion Euro agreement with Nordea in October 2003. The deal calls for IBM to transform the bank s IT systems into on-demand infrastructure, thus reducing the Nordic bank s costs. Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces 2004 Vault Inc. 24 C A R E E R L I B R A R Y GETTING HIRED A big and blue employer IBM, as a whole, aggressively recruits graduates in technical degree programs with ideal majors including electrical engineering, mechanical engineering, chemical engineering, computer engineering, computer science and information systems. The company also seeks candidates from other disciplines such as math, finance, human resources, business and marketing. Other key attributes are creativity, tenacity and passion. Interviews, insiders say, are designed to uncover a candidate s background, attitudes, knowledge, enthusiasm [and] flexibility. Big Blue prides itself on attractive compensation and benefits, including tuition reimbursement plans, flexible work schedules, global opportunities, activities, clubs and child care options. Interested applicants can search job opportunities through www.ibm.com/services/career, IBM s career web site. Resumes can be submitted through the site as well. One insider hired by IBM says he received two rounds of interviews. The first interview was on campus, where I talked briefly with HR. HR asked the normal questions, describe an instance in which you showed leadership, etc. The candidate was then interviewed by three hiring managers. I discovered that the three hiring managers, along with some of the employees we met, then convened in a big conference room and discussed each candidate. OUR SURVEY SAYS Life in a big consultancy At a large consulting firm like IBM, consultants can expect to be working with a wide variety of clients. If there s one thing that consultants agree upon, it s that everything depends on the engagement. The culture of IBM Global Services at the implementation level [is] learning to adapt quickly to new client cultures. You are in a dichotomy of two worlds neither the client culture nor the true IBM world. Dress code also varies widely by client, say insiders. Sometimes too much, in my opinion! grouses one wardrobe-challenged consultant. Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 25 C A R E E R L I B R A R Y Clock watchers Hours, like clients, vary widely, say insiders. One consultant claims that hours are what you decided them to be, while another contends that 60-hour workweeks are not rarities. Hours span the spectrum of the rainbow, summarizes a third consultant. Long schedules may also be due in part to professional pride as much as client expectations. Although normal hours are defined by the client, IBM contracts and reputation often demand that employees work excessive hours. One thing that insiders do agree on is that utilization is important when it comes to year-end reviews. Year-end ratings are a mystery, says one consultant, but one thing is for sure, if you have not met your minimum billable hours, all hope obtaining [a rating] beyond satisfactory is lost. Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces 2003 Vault Inc. 26 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms I BM Gl obal Servi ces You are in a dichotomy of two worlds neither the client culture nor the true IBM world. IBM consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 27 C A R E E R L I B R A R Y 2004 Vault Inc. 28 C A R E E R L I B R A R Y 1633 Broadway New York, NY 10019 Phone: (212) 492-4500 Fax: (212) 492-4743 www.deloitte.com LOCATIONS New York, NY (HQ) Offices in 150 countries PRACTICE AREAS Consumer Business Energy Enterprise Applications Financial Services Health Care Human Capital Manufacturing Outsourcing Public Sector Real Estate Strategy & Operations Technology Integration Technology, Media & Communications Transportation THE STATS Employer Type: Unit of Deloitte Touche Tohmatsu CEO: William Parrett 2002 Employees: 37,790 (consulitng only, now includes parts of Deloitte & Touche) 2002 Revenue: $6.1 billion (consulting and advisory services only) UPPERS Emphasis on friendly, supportive culture Consultants can move between practices Clear, detailed promotion system DOWNERS Uncertainty about future Failed Braxton spin-off Salary cuttin KEY COMPETITORS Accenture BearingPoint Cap Gemini Ernst & Young IBM Global Services EMPLOYMENT CONTACT www.deloitte.com Deloitte V A U L T P R E S T I G E R A N K I N G 2 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Spartan More creative than Accenture Low key, thorough Excellent IT work THE SCOOP Changes afoot In the wake of the Enron-Andersen implosion, accounting firms accepted that they would have to reform in order to regain the public trust. As a result, many industry participants chose to separate their consulting practices from their auditing practices to eliminate conflicts of interest. Deloitte Touche Tohmatsu announced in 2002 that it would solve the problem by relaunching its consulting wing as a separate and privately-owned firm. The new consulting firm was to be called Braxton, (after a smaller consulting firm Deloitte had previously acquired) and would have become the world s largest private consulting firm. It came as something of a shock when, in March 2003, Deloitte announced that the separation would not proceed, citing a lack of funding and the bad economy. Deloitte is now the last of the Big Four (the others are KPMG, PricewaterhouseCoopers, and Ernst & Young) in which consulting and auditing are housed under the same roof. Deloitte says it will comply with the Sarbanes-Oxley law by focusing on consulting just for clients not using Deloitte s auditing services. In early April 2003, DC announced that Paul Robinson would become its new CEO. He had previously been global leader of Deloitte s Public Sector Consulting Practice, and had clocked over 20 years with the firm. All you need is Deloitte (for branding purposes) Since the March 2003 announcement, Deloitte has moved to further consolidate Deloitte Consulting under the Deloitte umbrella. The firm, as of October 2003, operates simply as Deloitte. Consulting is a function in Deloitte, not a separate firm. However, the Deloitte Consulting name and identity is still in use on occasion as the company transitions. (The name will also be used in this profile.) Size matters Deloitte Consulting ranks among the world s largest consulting firms, with nearly 38,000 employees in consulting and advisory services offering a tech-heavy menu of services. Clients range from automotive companies to telecom firms to governments, including large companies such as Kaiser Permanente, Hewlett-Packard and Nestle. Vault Guide to the Top 25 Technology Consulting Firms Del oi tte Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 29 C A R E E R L I B R A R Y The tech approach Deloitte s tech-consulting capabilities fall into three main areas. The Enterprise Applications practice handles software implementations for clients, working particularly with J.D. Edwards, Oracle, Peoplesoft and SAP programs. The Outsourcing practice manages those applications (and more) for clients. And the Technology Integration practice weaves various programs together, as well as develops custom solutions for customers. Deloitte s two other consulting practice areas are more management consulting- focused, but have an IT element as well. The Human Capital practice focuses on HR- related issues, including technology adoption, ERM, and enterprise learning. And the Strategy & Operations practice handles more big-picture issues, including IT strategy, customer relationship management and supply chain management. Research savvy The company has a fine asset in Deloitte Research, which conducts surveys and publishes books, articles, reports and forecasts (often in conjunction with top universities around the world.) Besides strengthening Deloitte s public reputation- with these publications, Deloitte conveys the wisdom of consultants recommendations. Some recent reports include Cutting Fat, Adding Muscle: The Power of Information Technology in Addressing Budget Shortfalls ; The Enterprise Mobile Data Adoption Survey ; and Inside Outsourcing. A secure engagement In December 2002, Deloitte won a five-year $250 million contract from the Transportation Security Administration (now part of the Department of Homeland Security) to build its e-government strategy and develop an e-gov platform. SAP Public Services is collaborating with Deloitte to create a tax program for public- sector tax agencies, which DC is putting to work at the Florida Department of Revenue. Deloitte is also working with Sun Microsystems on a five-year program that commenced in 2002 to offer a unified server consolidation solution to clients as well as RightSize, a strategy-oriented IT consulting methodology. Happy history Despite the flak over Braxton, Deloitte Consulting has a long history of success. Two consultants-chief economists for Deloitte Research Carl Steidtmann and CRM practice leader Stephen Pratt made Consulting Magazines list of the most Vault Guide to the Top 25 Technology Consulting Firms Del oi tte 2004 Vault Inc. 30 C A R E E R L I B R A R Y influential consultants in 2003. Deloitte was named the best generalist consultancy in North America by Global Finance magazine in 2002, and it is the only consulting firm with six consecutive appearances on Fortune s list of 100 Best Companies to Work for in America. Women on top In order to increase diversity, Deloitte runs a formal program called the Women s Initiative that is meant to ensure that women are being hired, promoted and treated fairly. The Women s Initiative sponsors networking events, career advice and mentoring, among other programs. Numbers indicate that the program is working: the gap between male and female turnover has disappeared; and 17 percent of DC s partners were women in 2003, up from 6.5 percent in 1993. To top it all off, Deloitte has made Working Mother Magazine s list of the best companies for moms to work for 10 years in a row. GETTING HIRED This way in Deloitte Consulting, according to one source, takes two different approaches with regard to recruiting. First, it recruits undergraduates and advanced degree candidates (MBAs and MPAs) from a broad cross-section of top universities. When these cream-of-the-crop candidates are given job offers, they are allowed to choose which office they want to work out of. Once the firm has filled several slots with top-tier students, each local Deloitte office then goes to fill gaps based on local schools. So Chicago will look at Notre Dame, University of Chicago and Northwestern. However, one employee notes that while [Deloitte Consulting] used to do a significant amount of on-campus recruiting, it is scaled down. Industry recruits follow a different path. Experienced hires are considered on a one-by-one basis, notes an insider. Often, [industry candidates] identify the partner running a certain practice and say I have experience in doing X, I d like to work with you. Successful hires typically have significant industry experience. Vault Guide to the Top 25 Technology Consulting Firms Del oi tte Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 31 C A R E E R L I B R A R Y What theyre looking for When looking at candidates resumes, an insider says, the point is to see how they performed, and what does this mean. They re involved in 20 organizations-is that good? Probably, if they re active in 20, they re not good in any. Interviews are based on case studies. Usually, for would-be senior consultants, the company takes a fairly difficult client we ve had, and a case that usually concerns an acquisition, or a company is facing significant pressure. The interviewer will ask the candidate to analyze what could be the problem with this company, and what could be the way to address that issue. Deloitte will have available all the financials, and competitive information, a ton of stuff , but the candidates must ask for this specific information. Your first question should be, why is this company coming under competitive pressure? says an insider. For analyst applicants, the setup is similar, but we ll lead you more. We ll tell you, they re facing a problem because the product is commoditized. Say they re selling bars of soap. So we ll ask, Who do you think the competition is for bars of soap? We ll say, Here are the major soap providers. Among these, which are the most competitive? In sum, we ll talk you through it more. Deloitte does not use brainteasers, insiders say. To evaluate the case study answers, an insider says, we look at their creativity, at their approach to the problem, at how structured they are in understanding how to get the data, how to place that data in some meaningful framework, and what the conclusions are that the person derives from that analysis. OUR SURVEY SAYS Culture clash The widely hyped Deloitte culture seems to have taken a beating with the Braxton failure, the troubles of accounting/consulting in general and the bad economy. I have been with Deloitte for over five years, says one manager, who has seen the firm deteriorate from being one of the best places to work to one of the regular bodyshops. It used to be a place where partners would roll-up their sleeves and work with [employees] to resolve issues. It had the small firm feel with a big firm muscle. These days, the source says, a lot of the old-timers have moved on. What we have now are dropouts from other consulting firms like Accenture and Vault Guide to the Top 25 Technology Consulting Firms Del oi tte 2004 Vault Inc. 32 C A R E E R L I B R A R Y [PricewaterhouseCoopers]. The morale among the staff is rather low and combined with the fact that last year we had pay cuts and this year we will have no raises makes it worse. The attrition rate among [partners and managers] is rather high. Another source characterizes the culture as fairly cutthroat. A litany of complaints stems from a different employee, who says, It s impossible to get staffed on a real project, and they grade you almost exclusively on utilization. You re always interviewing for new projects the way most people interview for new jobs. The expectations vary tremendously per project. Some sources are more upbeat about the culture, though. The corporate culture at Deloitte was, as publicized, laid back, down to earth and collaborative. Most of the full-time, permanent staffs I met were friendly and helpful, says one. Another finds that the corporate culture is very collegial. Can be too much so, depending on what you like. Going to happy hour with colleagues is expected. Jokes, laughter prevail. In the mix Diversity gets high marks from those we surveyed. The company as a whole is quite diverse, says a New York source, a statement echoed by other employees: there s tons of diversity , it has a diverse employee body. One consultant sees few minority practitioners, almost no partners. Women, on the other hand, are in abundance. Firm is about 50/50 male/female, although partnership is probably 70/30 male. Deloitte days, Deloitte evenings Life s not exactly a beach at Deloitte. Hours vary significantly by project, but typically start at 8 or 9 and go through 8 or 9, reports one source. Another finds the hours are either extraordinarily low or catastrophically high. Athird insider calls the hours grueling. There s a very heavy workload (in terms of hours), affirms another source. Work hours average 55-60 hours per week plus significant travel time. In two years with the firm I traveled every week with the exception of vacations, says a systems analyst. Fight for promotion Many sources report that advancement has become quite difficult lately. It s almost impossible to advance without an MBA, says one source. Another says that the career track is slowing down due to challenges the firm is experiencing. There s Vault Guide to the Top 25 Technology Consulting Firms Del oi tte Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 33 C A R E E R L I B R A R Y little say in determining assignments, reports another insider, mediocre opportunities for advancement, insignificant bonus structure, subjective performance evaluation process, and non-challenging project roles, resulting in low morale amongst colleagues. Another source finds that promotion [has been] certainly more political than performance based. Vault Guide to the Top 25 Technology Consulting Firms Del oi tte 2004 Vault Inc. 34 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Del oi tte In two years with the firm I traveled every week with the exception of vacation. Deloitte consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 35 C A R E E R L I B R A R Y 2004 Vault Inc. 36 C A R E E R L I B R A R Y 1345 Avenue of the Americas New York, NY 10105 Phone: (917) 452-4400 Fax: (917) 527-5387 www.accenture.com LOCATIONS More than 110 offices worldwide PRACTICE AREAS Global Service Lines: Business Process Outsourcing (includes Human Resources, Finance Services and Learning) Customer Relationship Management Finance & Performance Management Human Performance IT Outsourcing Solutions Engineering (Systems Integration) Solutions Operations (Outsourcing) Strategy & Business Architecture Supply Chain Management Technology Research & Innovation Operating Groups: Communications & High Tech Financial Services Government Products Resources THE STATS Employer Type: Public Company Stock Symbol: ACN Stock Exchange: NYSE Chairman & CEO: Joe Forehand 2003 Employees: 83,000 2003 Net Revenue: $11.8 billion UPPERS Learning worldwide methodologies and approaches The ability to transfer your knowledge to others DOWNERS Working on meaningless deliverables Infrastructure-heavy firm, communications can be difficult KEY COMPETITORS BearingPoint Computer Sciences Corporation Deloitte Consulting EDS IBM Global Services McKinsey & Company EMPLOYMENT CONTACT careers3.accenture.com/ Accenture V A U L T P R E S T I G E R A N K I N G 3 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Strong brand, smart Very demanding on its employees Expensive school kids THE SCOOP Almighty Accenture Accenture, one of the leading providers of management consulting and technology services, was born when Andersen Consulting, the consulting practice of Arthur Andersen, stepped out from under the Andersen Worldwide umbrella in January 2001. Now renamed after its $1.7 billion IPO in July 2001, the 80,000+-person Accenture operates over 100 offices in 47 countries (as of October 2003.). Consultants in its five operating groups (Communications & High Tech, Financial Services, Government, Products and Resources) work together to design and deliver strategies and solutions for 92 of the Fortune Global 100 and more than two-thirds of the Fortune Global 500 not to mention several hundred startups and spin-offs. Accenture divides its operations into two capability groups that roughly correspond to the classic distinction between management consulting and technology consulting. The Business Consulting capability tracks to management consulting. The Technology & Outsourcing capability, which focuses on technology consulting, comprises four service lines. These service lines are Technology & Research, Global Business Solutions, Global Technology Solutions and Outsourcing and Infrastructure Delivery. The group also manages Accenture s alliances with technology companies and oversees the company s intellectual property program. Accenture, which works with more than 2,500 client organizations worldwide, earned revenues of $11.8 billion in fiscal 2003. Alliances are central to Accenture s strategy, its client service business and the way it meets clients needs. It has more than 100 sales and delivery alliances with companies whose capabilities complement Accenture s. Taking leave Like most of its competitors, Accenture underwent layoffs in 2001. In June 2001, 600 support personnel were cut, followed by an additional 1,500 staffers in August (1,000 of whom were consultants). All told, about 2 percent of the workforce received pink slips. The firm, however, primarily has attempted to reduce its payroll costs through its innovative FlexLeave program. In this program, consultants voluntary may take sabbaticals of six to 12 months at 20 percent of their current pay and continued benefits, and their job at Accenture is guaranteed when their time off is finished. About 2,400 consultants had taken FlexLeave as of December 2001; the Vault Guide to the Top 25 Technology Consulting Firms Accenture Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 37 C A R E E R L I B R A R Y program has also been extended to Europe and Asia and remains in effect where needed. In September and October 2003, Accenture added 800 people to its workforce. Outsourcing excels Demand is growing in the services industry for outsourcing as the call for tradtional consulting services declines. As Accenture expands its outsourcing business (which grew 33 percent in 2002 and 37 percent in 2003), changes are being made to the roster. In September 2002, it cut 1,000 managerial positions worldwide, but simultaneously announced plans to hire as many as 8,000 entry-level employees to bolster outsourcing capabilities. It appears that Accenture s move into outsourcing is paying off handsomely. While technology consulting revenues have fallen by approximately 7 percent, outsourcing revenues have continued to rise. International moves Accenture opened a software development center in Bangalore, India in October 2002, becoming one of many consultancies to expand its Indian operations in recent years. The center employs approximately 600 software engineers. After cutting 900 personnel in 2001, the Australia group of Accenture announced in November 2002 it would hire 100 new consultants throughout 2003. Chief executive of Asian operations David Hunter cited 10 percent local revenue growth as cause for optimism. In fact, Business Times claimed in January 2003 that Accenture was on a hiring spree in the Asia-Pacific region, with plans to bring in 500 or more new recruits during 2003. In February 2003, Accenture took over the operations of Zurich-based IT company Systor AG, which filed for Chapter 11 bankruptcy protection two months earlier. The acquisition, the terms of which were not disclosed, would include more than 500 personnel if approved by Systor s creditors. Forehand comes to the forefront Joe W. Forehand, CEO and managing partner since November 1999, has done well with the firm in the face of an adverse business climate. His firm ranked fourth in the 2002 Universum European survey of the most ideal employers according to Vault Guide to the Top 25 Technology Consulting Firms Accenture 2004 Vault Inc. 38 C A R E E R L I B R A R Y European graduates, and also took third among all employers in terms of diversity in Universum s survey of U.S. undergrads. Forehand doesn t seem to buy into the loneliness of command, and created an expanded Office of the CEO, which initially included Chief Operating Officer Stephan James as sub-leader of the company s Group Chief Executives. The pair expanded to become a triumvirate in March 2003, with the addition of William Green. Green will assume the title of COO Client Services, while James position will be renamed COO Capabilities. At the same time, Accenture announced the creation of a new position, CEO Business Process Outsourcing, which reports to Forehand. The first titleholder is Jackson Wilson, the firm s Corporate Development Officer. Out of the VC game It seems that Accenture s venture capital ambitions will not come to pass. The firm had originally planned to sink as much as $500 million in emerging Internet businesses through its Accenture Technology Ventures unit, but reversed field when many of its investments yielded losses. (The firm tells us that what actually happened was that the VC exit window lengthened and volatility began to impact corporate earnings. ) In March 2002, Accenture announced that it would sell its entire minority stakes in such companies. CIBC World Markets bought the portfolio in August 2002 for an undisclosed sum; Accenture retained a 5 percent stake. The controversial move offshore While the company claims to have to no corporate headquarters, in February 2001 Accenture became the first professional services firm to move its official residence to Bermuda. The scenic island has no income or capital gains tax, and has a number of other favorable business rules and regulations (or, more to the point, a relative lack of business rules and regulations). The firm points out, though, that it has never been a U.S.-based or -operated organization and has never operated under a U.S. parent organization. With more than half of its 2,500 partners non-U.S. citizens, it says that as a cultural matter it chose the neutral location of Bermuda after considering a variety of options for its post-IPO parent company. Meanwhile, Accenture also purports to own an operating company in Luxembourg, another tax haven. The U.S. General Accounting Office (GAO) is not pleased that one of the government s biggest contractors (Accenture had $279 million in federal contracts in fiscal 2001) operates in this manner, putting it in violation of the Patriotic Purchasing Vault Guide to the Top 25 Technology Consulting Firms Accenture Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 39 C A R E E R L I B R A R Y Act. The legislation, part of the bill that authorized creation of the Department of Homeland Security, prohibits companies incorporated in tax havens from acquiring new government contracts. Nonetheless, Accenture s government operating group enjoyed strong results in fiscal 2002, growing about 20 percent. The issue appears to be one of semantics: the GAO s accusation also names three other companies (including fellow Bermuda resident Tyco International) that moved from the U.S. and reincorporated in tax havens, performing a so-called corporate inversion. Accenture, which was first incorporated in Bermuda when it split from Chicago-based Andersen Worldwide, claims it was technically never a U.S.-based entity and thus not an inversion, a claim it feels is supported by the GAO s own report. The issue has largely been settled in Accenture s favor, though the issue of outsourcing government contracts to non-U.S. companies still occasions a few squawks from some members of Congress. Pruning Layoffs continue at Accenture, but at a slower rate. In March 2003, the firm quietly told its personnel that it would have to cut another 1 percent of its workforce, mostly from the pointy end of the management pyramid at U.S. offices a small comfort to the still quite large pool of analysts and consultants, but a definite worry to engagement managers and above. The job trim was handled by regional managers, and recruitment actually increased Accenture s total headcount by the end of the year. Voting for the e-vote In July 2003, Accenture purchased election.com, a New York-based startup. Accenture hopes to use the company as the basis for an e-voting business, making money from running online elections. The United States has made very limited forays into online voting; armed forces service personnel will be able to vote online in the 2004 elections. The British government, on the other hand, aims to make e- voting a reality in the United Kingdom by 2005, and thus it is the British market that Accenture is most immediately targeting. Tiger swings for Accenture In October 2003, Accenture launched an advertising campaign headed by popular golf phenomenon Tiger Woods. The campaign coincided wiht Accenture s new advertising campaign High Performance Delivered, which replaces Accenture s previous slogan, Innovation Delivered. To the relief of Accenture marketers, 2003 Vault Guide to the Top 25 Technology Consulting Firms Accenture 2004 Vault Inc. 40 C A R E E R L I B R A R Y has been a good year for Woods; as of the launch of the campaign, the golfer has won four tournaments. According to James Murphy, Accenture s global marketing director of marketing and communications, the Accenture brand is ranked as one of the 100 most valuable brands in the world. GETTING HIRED Variety is the spice of hiring Accenture recruits at more than 100 U.S. universities and colleges, as well as many international campuses, both through on-campus events and virtual/online methods. Candidates may have up to two interviews on campus. The first is a screening interview, while the second tends to be with Accenture employees (partners or experienced managers, though usually also a peer). A source in Asia/Australia tells us, The four stage interview process begins with a phone hook-up, then a peer interview, then a critical behavior interview, then a partner interview. A contact at the Chicago office adds, There were two campus interviews and an office visit with three additional interviews. These interviews can vary, according to a contact in the recruiting office: In some cases these interviews are behavioral, and in others they re case-based. Also, questions definitely depend on service line. Strategy gives case interviews while [other service lines] give behavioral interviews. One insider reports that at the second round I was asked a lot of tell me about a time when questions. One was tell me about a time when you had to work with someone you didn t know. Our sources report different sorts of questions, due to variations in each office s hiring methods. One person said he faced cases and skills questions, while another said her interviews were more behavioral. Employees say, Selectivity depends heavily on which service line you are aligned with. Strategy is extremely difficult to enter even with excellent credentials Process, Technology and Organization & Human Performance a little less so. We hear that Offers are usually extended to successful candidates shortly after the office visit. Accentuate the positive The firm has identified several qualities that it believes make a successful Accenture consultant. One recruiter tells us, The type of person we look for performed well academically and is well-rounded, a lifelong learner, committed to developing a Vault Guide to the Top 25 Technology Consulting Firms Accenture Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 41 C A R E E R L I B R A R Y career, interested in and understands what we do. The perfect candidate also has strong written and oral communication skills. Insiders say that even the strongest candidates can improve their chances of being hired by reading through the [Accenture careers] web site and educating yourself on what [Accenture] does, how the company is structured, and what the various organizations and their respective career paths are. Sources also suggest that candidates be prepared to articulate which is the best fit for you. Finally, It s also tremendously helpful to have someone in the firm to talk to, so you can get a better sense of what the many choices are. There s only so much you can glean from public sources of information, insiders conclude. OUR SURVEY SAYS Welcome to the grindstone Maintaining a balance between work and home at Accenture is described as challenging by one consultant, who feels they have a very hard workload, worse than most consultants. However, he adds, The company is open to work-from- home and while 4-1 is not official, it is standard practice. That opinion seems to be the minority, though; another insider claims there is no work-life balance work is first, and this replaces the need for a life. Another source says, What life? I am on call 24/7. There are no specific work/life balance initiatives that are enforced firm-wide, notes another. Be prepared to give up Monday morning through Friday night to the firm, and an occasional weekend. Clouds in the atmosphere Reports about the culture at Accenture are generally positive. One person in a cross- industry functional group calls it a learning atmosphere, saying he has never worked for a person I didn t enjoy. According to one fellow, You make instant friends, but if you are not part of the group you might as well quit. Another consultant says, The firm s culture is generally relaxed, upbeat and fun, but notes that recent layoffs and continued angst toward senior management have put a damper on the mood. Another states, Analysts and consultants generally possess little to zero big picture business knowledge. Most are just engineers that are very task oriented. One professional notes, The training program is good but heavily skewed toward tech skills. That s a good thing for people who work in IT. The few Vault Guide to the Top 25 Technology Consulting Firms Accenture 2004 Vault Inc. 42 C A R E E R L I B R A R Y respondents who had anything to say about their supervisors weren t charitable. One describes supervisors as Average. Just average. Paid like a programmer New hires may face an issue with compensation; according to one insider, While current economic conditions have prompted [Accenture] and others to be much more selective, they are low-balling everyone even the Ivies. Another complains, Don t promote me to [consultant] and give me the base amount for a systems analyst level II. A third notes that the pay isn t bad, saying that he gets a good base but no bonus yet, since the company just became public two years ago. Alateral hire notes that, for some, there are profit-sharing, employee stock purchase plans and restricted shares. Another source laments the shrinking perks We used to get lots of fruits and candy! At any rate, it doesn t seem that Accenture employees suffer for their surroundings. The San Francisco office is fairly nice, says one insider, with the top several floors of a nice building. Nothing fancy, but what a view! Another says, The New York office is used and battered, but the others are beautiful. And there s a spirit of philanthropy there as well. One source mentions such activities as a Light the Night walk for the leukemia and lymphoma society, the Make a Wish Foundation, helping the Washington, D.C. schools, etc. Another agrees that the firm is very involved in community activities. However, says one, they could use more social events. Vault Guide to the Top 25 Technology Consulting Firms Accenture Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 43 C A R E E R L I B R A R Y 2004 Vault Inc. 44 C A R E E R L I B R A R Y Five Times Square New York, NY 10036 Phone: (917) 934-8000 Fax: (917) 934-8001 www.cgey.com LOCATIONS New York, NY (U.S. HQ) Paris, France (HQ) Offices in 30 countries CONSULTING SERVICES Business Consulting Customer Relationship Management Finance and Employee Transformation Strategy and Transformation Supply Chain Technology Consulting OUTSOURCING Applications Management Business Process Management Infrastructure Management TECHNOLOGY SERVICES Application Packages ERP Data and Control Services Development and Integration Services Network Engineering Infrastructure Systems Architecture and Engineering THE STATS Employer Type: Public Company Stock Symbol: CAP.PA Stock Exchange: Paris Bourse CEO: Paul Hermelin Chairman: Serge Kampf 2002 Employees: 53,000 2002 Revenue: 7.0 billion EUR UPPERS Strong healthcare group Reasonable hours DOWNERS Shift in culture Managers IT types, not people- people KEY COMPETITORS Accenture EDS IBM Global Services EMPLOYMENT CONTACT www.cgey.com/career Cap Gemini Ernst & Young V A U L T P R E S T I G E R A N K I N G 4 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Great brand depth CG is killing E&Y Reputable and interesting Microserfs THE SCOOP Feathers in its cap Operating from 30 countries around the world, Cap Gemini Ernst & Young (CGE&Y) provides IT outsourcing and consulting for some of the biggest global companies, along with governments and NGOs (non-governmental organizations). Formed through the May 2000 merger of Ernst & Young s consulting unit and the French consultancy Cap Gemini, the firm employs more than 50,000 people worldwide. 2002 retrospective The firm called 2002 a difficult year, and its financial results seem to agree. Revenue dropped 16 percent, and income went from a gain of EUR 152 million to a loss of EUR 514 million. Though the year was tough, it also underlined a shift in strategy for the firm. The company is implementing a major three-year restructuring plan, which it announced in June 2002. First, it will organize its business into four areas: consulting, technology, outsourcing and local professional services. Second, it will streamline operating structures. Third, it will launch a sales assault on the fastest-growing market segments. Fourth, it will speed up the industrialization of its delivery capacity. In 2002 outsourcing represented 27 percent of the company s 2002 revenue, versus 21 percent in 2001. Consulting and Systems Integration make up 73 percent of revenue, down from 79 percent the year before. The company is making a push in the Health and Public Services sector, which now makes up 26 percent of its revenue, versus 16 percent in 2001. Life sciences made up 7 percent of 2002 business, versus 6 percent in 2001; Telecom dropped to 13 percent from 18 percent; and Financial Services dropped to 15 percent from 17 percent. The company also cut its workforce from 2002 to 2001, laying off about 5,100 staffers, about 9 percent of its workforce. Another big development: in July 2002, longtime employee Mark Hauser was promoted to CEO of the North American division. Making headlines in 2003 In July 2003, Mark Hauser was followed as the new Americas CEO by non-senator John McCain. Before joining the firm, McCain served as President of competitor Vault Guide to the Top 25 Technology Consulting Firms Cap Gemi ni Ernst & Young Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 45 C A R E E R L I B R A R Y EDS CIO Services unit and as President in charge of EDS Global Solutions consulting line of Business.In August 2003, John Graham joined CGE&Y as the Americas Sales Leader and Tim Critchfield as CFO. HP pals In November 2003, CGE&Y and Hewlett-Packard (which lately goes by the sleeker name of HP) signed an agreement to deliver storage management services together, extending a preexisting alliance agreement. The plan is to focus on storage solutions for top database and application providers like Oracle, SAP and Siebel. HP will train 100 storage architects at CGE&Y as part of the arrangement. Telecom tyros Cap Gemini Ernst & Young has sought other, more promising markets as well. In December 2000, CGE&Y and Cisco Systems formalized their March 2000 agreement by launching a new industry practice, Cap Gemini Ernst & Young Telecom Media Networks. The practice operates under Cap Gemini Ernst & Young auspices (CGE&Y), providing software and other strategic telecommunications technology solutions to over 150 clients. Its work in this arena won the TeleStrategies Billing World 2002 Excellence Award for Integration Project of the Year. The specific project involved overhauling and integrating Nextel s business networks. Been round the world in 2003 A look at some of CGE&Y s recent 2003 projects indicates its global scope. It s working on SAP outsourcing for Mlnlycke Health Care; lending IT support to government councils in five New South Wales, Australia locations; providing outsourcing for the Steilmann Group, a German company; doing software implementation for HBOS, a large U.K. financial-services company; making suggestions to Phoenix Children s Hospital on how to become profitable again; and providing IT outsourcing for a number of GE s European businesses. School again CGE&Yhas an educational wing called, not surprisingly, Cap Gemini Ernst & Young University. Its courses are offered to clients and employees, and include on-campus programs (the main campus is in Les Fountaines, France), as well as distance- learning channels. The university also puts out Focus, CGE&Y s online magazine about business and technology. Vault Guide to the Top 25 Technology Consulting Firms Cap Gemi ni Ernst & Young 2004 Vault Inc. 46 C A R E E R L I B R A R Y GETTING HIRED The few, the proud, the CGE&Y target schools Cap Gemini Ernst & Young typically recruits on campus at only a handful of top business and undergraduate schools, and also accepts applicants who fill out a detailed application form through the Internet. Selectivity depends on what service line and industry you re interested in. There are two rounds of interviews, first with recently promoted graduates from the development community and then a vice president, says one source. Another says his interviews were with managers or above and at least one VP in the second round. Insiders suggest highlighting your technical skills during interviews. The hiring focus is now on technical skills (as announced in Februay 2003). Questions vary one source says the main questions I remember are what university you were at, and do you mind travel. Some report having been given up to sixcase studies, while others say they were not these are at the discretion of the interviewer and are typically real world scenarios that the individual has experienced, notes one CGE&Y-er. After the interview, interviewers complete a detailed form regarding the interviewee, and a group discussion is made over each candidate. Many times a decision is made at that time. OUR SURVEY SAYS Identity issues With offices all over the world, different practices and a recent merger, Cap Gemini Ernst & Young s culture is hardly set in stone, our sources say. The original Cap Gemini culture harnesses smart casual dress, and an eight-hour workday in a very male-dominated culture, notes one source. Another says that After the merger with Cap Gemini the organization became obsessed with internal functions and placed its best people on these functions rather than client or market-facing opportunities. The level of this internal focus and lack of risk taking meant that senior executives are unable to make decisions without approval from elsewhere. This slows down the organization s ability to respond to the market. Vault Guide to the Top 25 Technology Consulting Firms Cap Gemi ni Ernst & Young Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 47 C A R E E R L I B R A R Y There seems to be a move toward pure IT offerings, which traditional management consultants don t seem to be too thrilled about. The corporate culture is that of an IT integrator, which is very difficult to bear when you are a management consultant, says one consultant. Assignments are more and more IT-oriented. Especially in France, notes one source, CGE&Y is essentially an IT integrator. While there seems to be a sense of insecurity around CGE&Y these days, some do find it friendly and competitive. One U.S.-based source remarks that being a French-owned company has been a challenge [in 2003]. In general, though, our surveyees seem to agree that there is no defined culture as one says, it s still trying to find an identity post-acquisition. However, the health care group is growing, and, says an insider, managed to avoid layoffs: Most layoffs were in telecom and financial services. Healt hcare appears to be very strong, with only the typical fat cutting. Promotion commotion CGE&Y seems to have a tenure-based system regarding promotion. The culture is the exact opposite of the traditional up-or-out policy: no promotion before several years, a very small salary increase (if any), says one source. Another reports that the company is not as selective as in previous years. There seems to be more emphasis on getting the cheapest people available rather than the best available. Once you re in the company, the way to be promoted, one consultant says, is you must network and be identifiable by many people. An effort both internally and externally must be made. The source notes, Agood relationship with your internal career counselor may be vital to your promotion and raise. An insider provides this in-depth look: There are two kinds of reviews. The first one is called project evaluation and is made by the project manager. He evaluates the performance of the consultant on a specific client engagement when the engagement is completed. The second review is made at the end of the year and has broader perspective: your performance throughout the year, salary increase, promotion. Health is happiness The consultants we surveyed had varying opinions on life at the firm. Regarding managers, one found that there was a strong team in healthcare. Training, meanwhile, is reportedly getting better as Cap Gemini continues to split from E&Y services. Vault Guide to the Top 25 Technology Consulting Firms Cap Gemi ni Ernst & Young 2004 Vault Inc. 48 C A R E E R L I B R A R Y Charity work is encouraged, so to speak. What does that mean? Well, there are some locally driven efforts, while others are national. It can range from family fundraisers for a local trauma center to the national United Way campaigns. It s very much encouraged and organized, but not forced. Salary report Salary increases are pretty rare and the increase is very small (2to 3 percent), says one consultant. However, after two years at CGE&Y consultants can generally join a competitor for a 50 percent increase. In addition to these salary schemes, there is limited profit-sharing. Benefits include accidental death/dismemberment policies, long-term disability, tuition reimbursement, an employee assistance program, laptop computers, cell phones, an employee referral bonus and, in some offices, free snacks and drinks. Hours on the job Since the merger, one source reports, hours are longer and the working life is much more intense and driven by competition. True though that may be, another source reports, I have had no problem balancing my work and personal life. Consultants at CGE&Y work about 50 hours a week. The workload spikes quite a bit you re usually challenged on multiple deadlines with high volume. CGE&Y consultants should also expect a fair amount of travel, which is often arranged on a 3-4-5 schedule. Three nights away, 4 days [away], and you work for the client all 5. Vault Guide to the Top 25 Technology Consulting Firms Cap Gemi ni Ernst & Young Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 49 C A R E E R L I B R A R Y 2004 Vault Inc. 50 C A R E E R L I B R A R Y 1676 International Drive McLean, VA 22102 Phone: (703) 747-3000 Fax: (703) 747-8500 www.bearingpoint.com LOCATIONS McLean, VA (HQ) 170 offices worldwide PRACTICE AREAS Customer Relationship Management Enterprise Solutions Managed Services Strategy, Process and Transformation Supply Chain Management Technology Infrastructure and Integration THE STATS Employer Type: Public Company Stock Symbol: BE Stock Exchange: NYSE CEO: Rand Blazer 2003 Employees: 15,357 2003 Revenue: $3.1 billion UPPERS Young professional interaction Great pay and fringe benefits Philanthropic efforts DOWNERS Training lacking Career path unclear The focus on making numbers KEY COMPETITORS Accenture Cap Gemini Ernst & Young Deloitte EDS IBM Global Services EMPLOYMENT CONTACT Sean Huurman Director of Recruiting, America E-mail: us- consultrecops@bearingpoint.net BearingPoint V A U L T P R E S T I G E R A N K I N G 5 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Experienced More confused by the minute Stable, solid Lost bearing point THE SCOOP Accounting in the family Spun off from accounting giant KPMG LLP in January 2000, BearingPoint (which until October 2002 was known as KPMG Consulting) has been making a name for itself by forming new alliances to help grow the business-systems integration area. The firm offers consulting for financial services, consumer, industrial and technology communications, and content and public services. A bit of history KPMG s consulting arm was established as a separate company in August 1999. The unit was also buoyed by Cisco System s $1 billion investment that same month. Cisco, which now owns a 10 percent stake in BearingPoint, was one of the many beneficiaries of the February 2001 public offering. Public spectacle In May 2000, KPMG Consulting became the first Big Five (now Big Four) consulting firm to file for an IPO, marking the end of a period of intense speculation. The waiting ended on February 8, 2001, when it offered 112 million shares to the public at $18 and watched the value rise 30 percent to over $23 per share on day one. Of the more than 112 million shares offered, KPMG Consulting had owned 31.8 million, and KPMG LLP, the firm s parent, had owned 80.6 million. The offering constituted 73.7 percent of the 152.1 million shares outstanding, and many on Wall Street hailed the IPO as a success. KPMG LLP no longer holds a stake in BearingPoint; with the IPO the company sold off its entire investment. Sniffles However, BearingPoint has had a bit of a rocky road since going public. In February 2000, the company announced the culling of 350 consultants due to revised revenue expectations. Chief executive Rand Blazer had been hoping for a growth rate of 38 percent for fiscal 2000, but with growth running at a mere 20 percent, he decided to hand out pink slips. In April 2001, the company announced a workforce reduction of 450 to 550 positions. In August 2001, the firm announced that while overall revenue for the year was up, fiscal fourth quarter revenue totaled $723 million, a 4 percent decline from Q3, (though an 8 percent increase compared with the same quarter in the previous year). Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 51 C A R E E R L I B R A R Y Revenue in the firm s financial services unit dropped by nearly 40 percent for the quarter, while health care revenue was down 24 percent. As a result, the firm restructured its health care unit, folding operations into the public services and high technology arms. KPMG Consulting s public-sector practice area continued to grow strong, however, due to anticipated increased government spending at the federal, state and local levels. Unfortunately, the first quarter of fiscal 2002 brought more unsettling news, with revenue dropping by $114 million, or 15.8 percent from the previous quarter, due in part to the September 11th attacks. Revenue and net income figures continued to decline in Q2. In October 2001, several hundred employees were offered voluntary furloughs of three to six months, during which time they had the option of working on a part-time or on-call basis. According to company spokesman John Schneidawind, the furloughs were an attempt to avoid layoffs at all costs. Unfortunately, they did not accomplish that objective the following month the firm announced that it would cut 300 to 400 jobs, or about 3 percent of its workforce. Shoring up BearingPoint has taken a number of steps to improve its business in the past few years. At first, the IPO included operations in the United States and 15 other countries: Canada, Argentina, Brazil, Mexico, Colombia, Costa Rica, Guatemala, Ireland, Israel, Japan, New Zealand, Nicaragua, Peru, South Korea and Venezuela. The company has since expanded by acquiring international consulting practices from KPMG International in Australia as well as market rights in parts of Greater China. In June 2002, it announced an agreement to acquire KPMG Consulting AG, the German, Swiss and Austrian consulting practices of KPMG DTG. The firm s boldest and perhaps most controversial move came in May 2002, when it signed a letter of intent to acquire most of Andersen s global consulting operations, in a deal reportedly worth up to $284 million. With this, the firm increased its global workforce to more than 16,000 employees. By September 2002, the firm had completed the acquisitions of the independent consulting units of Andersen Worldwide in Australia, Brazil, China, Finland, France, Hong Kong, Japan, Korea, Norway, Peru, Singapore, Spain, Sweden and Switzerland. The company also completed a mass hire of about 1,600 Andersen Business Consulting employees in the United States. Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt 2004 Vault Inc. 52 C A R E E R L I B R A R Y Whats my name? On October 3, 2002, KPMG Consulting became BearingPoint, a switch that took effect immediately to such an extent that new e-mail addresses, business cards and letterhead were available that day. The switch follows a trend among consulting firms with Big Five accounting backgrounds: Deloitte contemplated renaming its consulting practice Braxton in 2002, and PwC Consulting briefly renamed itself Monday before it was acquired by IBM in August 2002. BearingPoint officials report that the name resulted from a worldwide poll of employees as well as a private branding firm and was chosen from among 550 possibilities. Shifting bearings Since the name change, BearingPoint s business has been strong, despite a few notable bumps along the way. Early in November 2002, CFO Robert Lamb Jr. left the company for an equivalent position at FleetBoston Financial, his prior employer. In December 2002, the firm announced a restructuring of operations in Germany, Austria and Switzerland (formerly KPMG AG) that included a workforce reduction of 700 people. According to the press release, the downsizing and related expenses had been accounted for in the KPMG AG acquisition deal. A separate round of layoffs, sparked by excess capacity, came in January 2003, when between 450 and 500 consultants in North America and the Asia Pacific region received their walking papers. Rebuilding all over the world There has been plenty of good news as well, namely positive results of previous engagements and some significant new ones. In January 2003, BearingPoint delivered a new financial management system to the government of Afghanistan, helping the country to rebuild post-Taliban. Completion of this $4 million contract provides core processes and trained personnel to enable Afghanistan to track the more than $4 billion in international aid it is expected to receive. Also in January, the firm won an $8.5 million contract with Hyundai Motor Company to implement SAP R/3 software at a new plant in Montgomery, Ala., and got the go-ahead from the U.S. Department of Defense to proceed with the third phase of a security project, which the firm had begun in 2002. In February 2003, BearingPoint picked up a $24 million contract from the government of Ireland. The project will modernize the country s processes and technologies for handling passport applications. In March 2003, the company Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 53 C A R E E R L I B R A R Y announced a second contract award with Afghanistan, a three-year, $39.9 million contract from the United States Agency for International Development (USAID) to deliver an economic reform program to Afghanistan. And in July 2003, USAID awarded BearingPoint a $9 million contract to help rebuild Iraq s economy. Smiling new faces 2003 has seen the arrival of several new high-profile team members at BearingPoint. These newbies include Robert Falcone, who joined BearingPoint in April 2003 as executive vice president and CFO. Falcone was formerly CFO at sneaker vendor Nike. Christoper Formant, the former CEO of vanished trendy e-consultancy Scient, became executive vice president for financial services in February 2003. GETTING HIRED Patronage The firm maintains a searchable job system, which includes a career network that allows registered candidates to receive e-mail notification of new positions that match their interests. One BearingPoint insider believes the firm uses resumes of available candidates to win work, then looks to hire them. Another suggests, The best way to get in is through a direct recommendation for a specific project by someone who is well respected by the manager of that project. Hiring is generally through referrals, according to one source. Another notes, The company does not actively recruit at schools. However, some respondents mentioned a hiring freeze. There is an internship program. The one insider who had experience with it says he learned a lot about the corporate culture. OUR SURVEY SAYS Bearing it There are good points to working at BearingPoint one source describes the culture as very competitive with a large emphasis on teamwork but some insiders express dissatisfaction with the firm. Much of it centers on the move from a partnership model to an American-owned public entity, as one puts it. He continues, The senior leadership seems to be more interested in pleasing the shareholders Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt 2004 Vault Inc. 54 C A R E E R L I B R A R Y rather than its employees or clients. Another source says the firm has gone from a partnership to corporate. Moving up the food chain Regarding promotions, we hear from one source, Although [the firm is] not strictly up-or-out, one is expected to continue to progress in order to grow as a consultant to improve yourself and the company. The up-or-out philosophy holds truer for management positions. Another says, The regular promotion time is two years to the next level, with six initial levels until reaching senior management. At that point it is sales based. Independent training One respondent tells us that BearingPoint has an online Learning Management System where you can enroll for anything that catches your fancy. However, he continues, there are no real training facilities I was asked to manage with available online training, rather than attend a one-off session for a new product that I am actually implementing. Acolleague notes that training is the first thing to go when money is tight. One person points out, Earning consultants don t have much opportunity to attend technology classes at the office during the week. Giving back Insiders do mention a number of social concerns that BearingPoint takes on. One consultant says, The firm sponsors many community events around where our clients and offices are located. Another adds, We participate in and sponsor numerous events for the [local] Air Force base, Boys/Girls Clubs of America, Special Olympics, and numerous other charities through our company s own foundation. Travel requirements are generally light. One insider notes, Some consultants are on long-term projects in other cities requiring them to travel four to five days a week for eight to 18 months. However, in Public Services line of business, the majority of consultants work out of their home city and travel only when needed for their specific projects (site visits, focus groups, interviews in other cities, etc.) Another relates, I work physically away from my home office, but in close proximity (less than 10 miles). Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 55 C A R E E R L I B R A R Y In summation, one consultant states, The firm is great for people who are looking to advance in the consulting world and have the attitude to succeed. It is hard to tell if you like the business or not until you become ingrained in it. Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt 2004 Vault Inc. 56 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Beari ngPoi nt The firm is great for people who are looking to advance in the consulting world and have the attitude to succeed. BearingPoint consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 57 C A R E E R L I B R A R Y 2004 Vault Inc. 58 C A R E E R L I B R A R Y 2300 W. Plano Pkwy. Plano, TX 75075 Phone: (972) 577-0000 Fax: (972) 340-6100 www.perotsystems.com LOCATIONS Dallas, TX (HQ) 35 offices worldwide PRACTICE AREAS Business Process Services Consulting Government Services IT Outsourcing IT Solutions THE STATS Employer Type: Public Company Stock Symbol: PER Stock Exchange: NYSE President & CEO: Ross Perot, Jr. 2002 Employees: 9,100 2001 Employees: 8,000 2002 Revenue: $1.33 billion 2001 Revenue: $1.2 billion UPPERS Big health care contracts. DOWNERS Ongoing investigation may affect reputation. KEY COMPETITORS Accenture BearingPoint Cap Gemini Ernst & Young Computer Sciences Corporation EDS IBM Global Services EMPLOYMENT CONTACT Recruiting.PSC-Operations@ps.net Perot Systems V A U L T P R E S T I G E R A N K I N G 6 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Strong outsourcing competitor. EDS satellite. Vision, direction, dedicated. Dont see them. THE SCOOP (Almost) as big as Texas Perot Systems is a 9,100-strong consultancy serving the technology needs of over 400 clients around the world. Its offerings are many, but may be broken up into five broad vertical practice areas: IT outsourcing, business process services, IT solutions, government services (formed in July 2002) and consulting. In fiscal 2002, 44 percent of the firm s $1.33 billion revenue came from the health care group within the IT solutions practice. H. Ross Perot Sr., engineer, billionaire, erstwhile U.S. presidential candidate and political pot-stirrer, founded a technology consultancy named EDS once upon a time. He sold it to General Motors for $2.5 billion, taking the money and experience gained to launch Perot Systems in 1988 as a privately held company. The firm went public in February 1999. In August 2000, Ross Perot Jr. succeeded his father as president and CEO. Ross Sr. remains as chairman of the board. Ross Jr. started with Perot Systems in 1988 on the board of directors. He has also been a U.S. Air Force pilot, an owner of an NBA team and a real estate developer. Taking control Perot Systems, recovering from shaky times in 1999 and 2000, has sought to improve through a series of aggressive strategic moves. From July 2001 until present, the firm has entered into many alliances and made several acquisitions. In July 2002, Perot formed its government services unit by acquiring ADI Technology Corporation, a government consulting and IT service provider with five offices in the U.S., for $47 million in cash and stock. Greg Bedner, ADI s CEO, remained as head of the Perot government division. In February 2003, Perot Systems doubled the size of the practice to 1,500 people when it completed the acquisition of Soza & Co. for $75 million cash plus up to $32 million in cash and stock subject to meeting performance goals. The firm also cut one of its operations loose in December 2002. Perot Systems and its partner PNC Bank sold BillingZone, a corporate accounting solutions provider, to eONE Global for undisclosed terms. Both PNC and Perot have maintained marketing relationships with BillingZone, and will offer its services to clients. Vault Guide to the Top 25 Technology Consulting Firms Perot Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 59 C A R E E R L I B R A R Y Signing up new business Several new contracts have also been signed, though none are as large as the $550- $600 million deals with Tenet Healthcare Corp. and Catholic Healthcare West the firm won in 2001 (both were 10-year deals). In November 2002, Perot picked up a 10-year, $62 million contract to manage Northern Arizona Healthcare s IT needs. The hospital system retains over 100 separate information systems, serving doctors, nurses and administrators, which need to be integrated and streamlined. Northern Arizona s IT staff will join Perot Systems as part of the agreement. In December 2002, one month later, Lockheed Martin awarded a six-year, $8 million contract to Dutch PHM Consortium, a group of technology companies led by Perot Systems. The contract calls for the development of maintenance, support and training technology for the F-35 Joint Strike Fighter (JSF) program; the consortium was formed in 1998 specifically to participate in JSF. In April 2003, Perot picked up a six-year, $14.9 million technology outsourcing contract with Akin Gump Strauss Hauer & Feld LLP, a sizable international law firm. This adds to a previous five-year, $6 million service desk support contract signed in October 2002. Additionally, Perot Systems won a trio of health care industry victories in February and March 2003: Parkland Health & Hospital system hired the firm for an 18-month project to reengineer the group s technological, clinical and business processes; Physicians Plus Insurance Corp. selected Perot s Diamond 950 claims administration solution, extending a $50 million agreement signed in 2000; and Tufts-New England Medical Center hired the firm to provide a full range of IT management services. Coming home to roost One of Perot Systems most prominent ventures, HCL Perot Systems N.V., was formed in 1996 with India-based CRM consulting firm HCL Technologies. Prior to becoming president and CEO of Perot Systems, Ross Perot, Jr. was chairman of HCL Perot Systems, a position he still holds. Like its parent firm, HCL Perot Systems has made a number of key investments and partnerships. In February 2003, the division won a $21 million, four-year contract to manage application and platform service support for U.K. electronic funds transfer bank BACS. And in April 2003, the firm announced it would open a software solutions and services center in Dallas. Vault Guide to the Top 25 Technology Consulting Firms Perot Systems 2004 Vault Inc. 60 C A R E E R L I B R A R Y Allegationville Not every piece of news has been positive for Perot Systems lately. The firm was under investigation by the California Attorney General in June 2002 for improper business activities with the state s energy industry. There were allegations that Perot Systems improperly revealed proprietary information of the California Independent System Operator (Cal-ISO) and California Power Exchange (CPX), both clients of Perot, to one or more energy companies to give them a market advantage in the deregulated California energy industry. Between June and November 2002, Perot delivered more than 55 boxes of documents to the Attorney General, the U.S. House of Representatives Subcommittee on Energy Policy and the California State Senate. In addition, the elder Perot gave voluntary testimony to the California Senate about the matter. In December 2002, it came to light that a Perot engineer had provided information to Taipower, a Taiwanese power company. The engineer was fired for the ethical lapse. The California Senate committee stated in January 2003 that it intended to question Perot officials again, according to The Houston Chronicle, about charges the firm engineered software for [Cal-ISO], then tried to market its ability to find holes in the trading system. GETTING HIRED Enlist in Perot Systems The Perot Systems web site (www.perotsystems.com/careers) provides several tools to ease your job search. For example, a job agent allows candidates to create a profile and receive e-mails of new job postings that fit your personal specifications, and there s also a search engine for current openings. Upcoming recruiting events are posted on the site, and there is an online resume submission form. Perot Systems likes to hire from the military and big IT outsourcers (though the firm says it hires from ALL walks of life ), as well as undergraduates with strong computer science programs. The interviews vary, but applicants at all levels can expect at least two interviews, one of which will be a team interview. The process is composed of four steps: phone screening by a recruiter; technical screening to test your qualifications and abilities; the team interview, where you will meet current associates with whom you may wind up working; and finally an executive interview with the hiring manager. Vault Guide to the Top 25 Technology Consulting Firms Perot Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 61 C A R E E R L I B R A R Y 2004 Vault Inc. 62 C A R E E R L I B R A R Y 100 City Square Boston, MA 02129 Phone: (617) 241-9200 Fax: (617) 241-9507 www.keane.com LOCATIONS Boston, MA (HQ) 72 offices worldwide PRACTICE AREAS Application Development Business Consulting Outsourcing THE STATS Employer Type: Public Company Stock Symbol: KEA Stock Exchange: NYSE President and CEO: Brian Keane 2002 Employees: 7,331 2001 Employees: 7,871 2002 Revenue: $873.2 million 2001 Revenue: $774 million UPPERS Has been doing IT consulting almost as long as there has been such a thing Prestigious client base DOWNERS Consultants viewed as mere engineers by the outside world Fierce competition in contracting IT market KEY COMPETITORS Accenture BearingPoint Computer Sciences Corporation EDS IBM Global Services Perot Systems Sapient EMPLOYMENT CONTACT http://www.keane.com/careers Keane V A U L T P R E S T I G E R A N K I N G 7 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Good financials Very good for SNF Local consulting THE SCOOP IT from the start Keane, Inc. is a Boston-based IT consultancy founded in 1965 to assist mainframe- using clients to bridge the gap between technology s potential and its day-to-day utilization. Since then, Keane has expanded its offerings to include software services, application development, staffing, health care IT solutions and management consulting. Keane has a variety of clients; some of the more notable ones include 3M, Eastman Kodak, Gateway and Toyota. The firm s founder and current chairman, John F. Keane, started his business in an office above a Massachusetts doughnut shop. Six years later, it was a public company with a new approach to project management born of some good and bad experiences in serving clients. Today, Keane s son Brian is the president and CEO, operating a consultancy with more than 7,300 employees and 70 worldwide locations. Keane offerings Keane s major practice areas are business and IT strategy consulting; application development and integration (ADI); and application and development management (ADM) outsourcing. ADI essentially started the company: developing hardware and software solutions to suit a client s particular needs. ADM outsourcing is Keane s name for business process outsourcing (BPO), complete with Indian offshore service centers in Hyderabad and Noida. These two in particular earned ISO 9001-2000 certifications and CMM Level 5 assessments in November 2002, positioning them among the leading technology centers in the world. In addition, Keane provides specialized solutions for health care, project management and the public sector. Remember Y2K? Keane built its business on providing nuts-and-bolts solutions for complex mainframe infrastructures, but it hit the big time when the infamous Y2K bug became business big issue. As one of the few firms willing and able to approach the problem on a large scale, Keane quickly grabbed a corner of the paranoia market, and Y2K work counted for a full 20 percent of its operations by 1999. The downside to Y2K work was, of course, its December 31, 1999 cutoff date. By the summer of 1999 investors had begun to cool on Keane s potential, deeming it a Vault Guide to the Top 25 Technology Consulting Firms Keane Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 63 C A R E E R L I B R A R Y one-trick pony. The firm had hoped to convert its newfound cachet into a higher demand for its other services, but soon found that the need for mainframe solutions was dwindling as firms converted to web-based infrastructures. Keane responded by snapping up a number of smaller consultancies to recast itself as a supply-chain management and application-integration firm. Nevertheless, 2000 and 2001 were rough years for the firm even after it cut more than 2,000 employees in a series of layoffs in early 2001 and sold its 1,000-person staffing division to Convergys Corp., its 2001 revenue of $774 million was down almost $350 million from 1998. A new, healthier Keane In response to its financial difficulty, Keane sold its call center practice and restructured its operations to focus in three areas: business innovation consulting, e- commerce services and application-development and -management outsourcing. The firm began to turn itself around by inking two major, long-term contracts: in August 2001, it signed a 10-year, $127 million deal to upgrade the Air Force Materiel Command s logistics supply system; and in January 2002 the firm agreed to a 10- year, $500 million outsourcing contract with PacifiCare Health Systems. Further health care successes followed PacifiCare. In April 2002, Keane launched its Health Insurance Portability and Accountability Act solution, a major project meant to help companies deal with the administrative and technological changes necessary to comply with HIPAAs patient confidentiality and health care delivery guidelines. Recent beneficiaries of Keane s health care and patient management advice include Marlette (Michigan) Community Hospital, which hired the firm to provide the Keane AS/400 Healthcare Information System in March 2003; and Blue Cross/Blue Shield of Vermont, which contracted the firm for a seven-year, $36 million outsourcing project. In January 2003, Keane s Patcom Plus patient management system was awarded Best in KLAS honors in the 2002 health care IT performance report by KLAS Enterprises. In November 2002, Keane picked up a five-year, $33 million engagement with Public Service Enterprise Group (PSEG) to outsource the maintenance and support of the energy company s customer information system. The project will be handled by Keane s center in Hyderabad, India. This deal extends a relationship that began in 1996 as one of Keane s early Y2K contracts. Vault Guide to the Top 25 Technology Consulting Firms Keane 2004 Vault Inc. 64 C A R E E R L I B R A R Y Public sector activities In the past few years, Keane has been selling a lot of work to state and municipal governments delivering services to agencies in 32 U.S. states. It estimates that 19 percent of its 3Q 2002 revenue came from public sector engagements. A trio of notable events occurred for Keane in December 2002. First, the firm launched an Automated Client Eligibility System (ACES) for the Maine Department of Human Services. This application allows rapid processing of benefits requests, in 24 hours or less, for any of 45 state services programs. Two days later, Virginia s Dept. of Transportation won Government Executive Magazines Government Technology Leadership Award for its information security awareness program, developed by Keane. And the firm announced the development of a web portal for youth and senior services in the six-county area, including Winston-Salem, North Carolina. A new alliance In February 2003, Keane announced a major transatlantic business alliance with Unilog, a French IT consultancy with sales of approximately $600 million in 2002. The Paris-based firm and Keane will offer clients their combined resources to expand their respective global reach. The agreement will allow clients to access to more than 18,000 business and IT professionals around the world. (The estimated value of the alliance was not disclosed.) GETTING HIRED Gurus wanted Keane is an IT firm to the core, and at most other firms its consultants would more likely be labeled systems gurus. It looks for strong programming skills in its applicants, and proven skills in specific languages and programs. Many of its positions require at least some knowledge of large-systems development. Because Keane is also involved in a number of high-level government projects, many of its consultants must be eligible for (or already have) security clearance. Keane maintains a database of its open positions in the career area of its web site (www.keane.com/careers) and welcomes online applications. Vault Guide to the Top 25 Technology Consulting Firms Keane Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 65 C A R E E R L I B R A R Y 2004 Vault Inc. 66 C A R E E R L I B R A R Y One Memorial Drive Cambridge, MA 02142 Phone: (617) 621-0200 Fax: (617) 621-1300 www.sapient.com LOCATIONS Cambridge, MA (HQ) 12 offices in five countries: Canada, Germany, India, U.K. and U.S. PRACTICE AREAS Application Management Application Portfolio Planning E-business and Web Solutions Industry Business Process Consulting Industry-focused Package and Custom Solutions Learning Solutions THE STATS Employer Type: Public Company Stock Symbol: SAPE Stock Exchange: Nasdaq Co-Chairmen: Jerry A. Greenberg & J. Stuart Moore 2003 Employees: 1,500 2002 Employees: 1,500 2002 Revenue: $173.8 million 2001 Revenue: $329.7 million UPPERS Reputation for fast project turnaround Lots of women in upper management Non-hierarchical; Very few layers DOWNERS Culture shaky due to international expansion Compensation is an issue Slowing promotions KEY COMPETITORS Accenture DiamondCluster International IBM Global Services Wipro EMPLOYMENT CONTACT careers.sapient.com/register.html Sapient Corporation V A U L T P R E S T I G E R A N K I N G 8 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Cutting edge, but only on Internet Fun, lively, interesting, unstable Hidden champions THE SCOOP Delivering wisdom Sapient the name is derived from the Latin for wisdom boasts about 1,500 employees in 12 offices in the United States, Canada, Europe and India. In 1994, relatively early in the dot-com game, the firm turned its attentions to the Internet. Currently, the vast majority of the firm s business comes from large, global clients, including Nissan, Hilton, Verizon, BP and Cisco Systems. When Jerry Greenberg and J. Stuart Moore founded Sapient in 1991, they wanted to provide exemplary services, on time and on budget. Sapient s big advantage over other firms was its guarantee to finish a project in a predetermined time frame, for a predetermined fee. In IT consulting, an industry where overruns in time and cost are too often the rule and not the exception, this philosophy proved appealing to clients. Rocky road Between March 2001 and February 2002, Sapient cut more than 1,600 employees in response to the economic downturn. This cut, combined with the December closing of Sapient s office in Japan, reduced Sapient to approximately 1,500 people as of March 2003. In November 2002, Sapient reached a settlement with the Department of Labor over a legal action brought by 170 firm employees regarding back wages. The suit alleged that Sapient had failed to pay overtime to the workers from April 2000 until November 2001, when the firm began to comply with the Fair Labor Standards Act. Sapient agreed to pay more than $308,000 as part of the voluntary settlement. Sapient grows eastward Despite several ventures in Europe and Asia (where Sapient makes about a third of its revenue) and the opening of a Toronto office in 2001, the firm s most important international focus remains on India. While Sapient was cutting staff in North America, the firm was making plans to increase its Indian workforce. Sapient s India operation, established in March 2000, currently has about 700 employees. Among other advantages, operational costs in the country are considerably lower than in North America. India is also an excellent source of technology professionals. Expanding in India allows Sapient to continue to enlarge its available services while still cutting costs. Founder and co-chair Jerry Greenberg seems delighted with the Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 67 C A R E E R L I B R A R Y firm s progress on the subcontinent so far, telling the Financial Times in a January 2002 interview, All we ll say is that 25 percent [of Sapient staff based in India] is not enough. A BusinessWeek article from March 2003 reported that Sapient now has 40 percent of its 1,500-strong workforce there. Three years after it began hiring in India, one-quarter of Sapient s own technology budget is allocated to hardware and software for its Indian employees. One of the advantages to Sapient s presence in India and elsewhere in the world is the ability to work round the clock on engagements without exhausting its personnel. The firm uses what it calls a global distributed delivery model, passing engagements across time zones and utilizing Indian tech specialists and consultants in other locations. Projects get 24-hour coverage, making Sapient s time to delivery shorter than the competition s. Changing with the times Just as Sapient grasped the importance of the Internet early on, it anticipated the importance of wireless and broadband technologies, e-learning, CRM and supply chain in the 21st century and has created services to work in these arenas. Sapient is adapting to the times in other ways as well. The firm had a business formal dress code until 1999, when it went casual to conform to the culture of its dotcom clientele. Since the Internet bust however, Sapient has inched back toward its sartorial traditions. Nowadays, Sapient consultants dress formally when with clients, though they still dress down when not in meetings. Widespread recognition On September 30, 2003, Micosoft named Sapient its only North American finalist in its sixth annual Certified Partner Awards in the Internet Solutions of the Year category, and was declared the winner in October 2003. That same week, the firm was voted No. 1 on New Media Ages 2003 list of Top 100 Interactive Agenies. Sapient was also tapped as one of Consulting s Ten Best Consulting Firms to Work For in 2003. Comings and goings In June 2002, the former chief executive of CSX, John W. Snow, joined Sapient s board of directors, but his time there would be short. (If the name sounds familiar, it s probably because you recognize it from the newspapers: President Bush Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on 2004 Vault Inc. 68 C A R E E R L I B R A R Y nominated Snow as Secretary of the Treasury shortly thereafter.) Dennis Chookaszian, former chairman and CEO of CNA Insurance Companies, replaced Snow at the end of January 2003. The firm added Joseph B. Murphy in March 2003 as VP of business development for Sapient s thriving application management services practice, which brought in 8 percent of Sapient s revenue for 2002 twice what it had the year before. Murphy joins from rival consultancy Keane Inc., where he was managing director and principal. In another noteworthy addition, Gary McKissock, U.S. Marine Corps Lieutenant General (retired), was elected to Sapient s board of directors in April 2003. Recent engagements and alliances In March 2003, Sapient released BuildIt, a development tool for the emerging Microsoft.NET Framework that automates certain critical and repeated steps in the process of writing new applications for Microsoft operating systems and applications. The two firms worked together to design and implement the tool for the Microsoft Developer Network. One month later, Sapient announced it had won a three-year contract with carmaker Nissan North America to support its various consumer Web presences, including Infiniti.com and NissanUSA.com, providing development, design, testing, marketing, vendor management and maintenance. Neither party reported the value of the contract. Early in May 2003, Sapient delivered MyCourses, a course management solution, to Harvard Medical School. The system allows students to access lectures, medical references and course content via the Internet or a PDA. MyCourses also allows real- time interaction and feedback between teacher and student when not in class. The system was designed specifically for medical schools, and Sapient hopes to make it available at other institutions in the near future. Sapient announced a project with MIT in July 2003, launching the beginnings of MIT OpenCourseWare (or MIT OCW, as the firm calls it), electronic publishing aimed at promoting knowledge sharing work around the world. The initiative will allow professors and students, as well as individuals not affiliated with a school or university, free access to MIT course materials. Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 69 C A R E E R L I B R A R Y Checking in In June 2003, Sapient was tapped by hotel giant Hilton International to help it design, develop and implement online services for the Hilton brand in a variety of local languages in the U.K., German and Japanese markets. Sapient will also develop online services for Hilton s Scandic brand in Norway, Denmark, Sweden and Finland in both native languages and English. Hilton also awarded Sapient the support contract to manage its e-commerce applications. GETTING HIRED Taking all comers At Sapient, all forms of recruitment are used, from employee referrals to on- campus interviews to headhunters and other candidate search methods. Insiders say that candidates don t reach face-to face-interviews until they have undergone a resume scan and telephone screening interview. Prospective Sapient consultants should note that as of May 2003, Sapient is currently evaluating our 2003 campus recruiting programs for North America and Europe, though hiring continues in India. Initial interviews and technical skills tests for college students and MBAs are held on campus. Those who make the grade are asked to join one of our Super Saturday hiring events, where we bring 30-50 candidates into our office for a Friday and Saturday of interviews, technical exercises or business exercises and team building activities, as well as social activities. One insider notes, Everyone in the company is encouraged to interview new employees. This is for the simple reason that one day you could be working with the person. The hiring process follows with an eye toward the future in other ways as well, says one consultant: We do treat people great who we don t hire. They can be clients in the future. OUR SURVEY SAYS In flux The culture at Sapient is going through changes and stress, both as a result of the focus on profitability and the bottom line and because GDD (Global Distributed Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on 2004 Vault Inc. 70 C A R E E R L I B R A R Y Delivery) has also had a negative impact. One person is pleased with what he calls a Very open culture with very few layers. But a source in the U.S. says, Sapient has traditionally had a very strong culture, based on our core values (openness, relationships, client focused delivery, growth, leadership and creativity). This has slipped significantly [since we expanded into India]. Now, grass roots and top-down efforts are attempting to bring the strong culture back. He isn t sure of the result, if any. It remains to be seen if it will work. Although the firm sent a number of tenured veterans to India to establish our culture there, the Indian culture did not translate flawlessly. Over time, this issue will go away, but for now, friction remains between Indian and non-Indian teams. Some insiders feel that there is more at work than a settling-in period. One longtime employee says, Sapient is at a turning point: either our culture will come together those people that have worked together through the storm will bond, and we ll be a stronger firm or the junior staff (senior associates through senior managers) in the States and Europe will leave in an exodus. Should that happen, it is highly unlikely that the remaining staff will be able to keep the company from imploding (the knowledge drain itself would be poison). An insider notes there is also a cultural disconnect between single consultants and employees with families. He says, Sapient makes token gestures toward work/life balance. Older team members probably get off a little easier, since they can use family as a reason to get home, and Sapient holds a few family oriented events. As a person without kids, I would say that I feel more pressure to be flexible to travel on short notice and put in longer hours. While I m okay with that, I could do without the rugrats running around the office on their special days. Getting around Travel is expected for a consultant and Sapient s employees seem to have a handle on it. With a staffing crunch in Europe and the U.S., says one, it s almost a given that you re going to spend time on the road. He adds, Staffing and managers are flexible, and they usually ensure a couple of weeks at the home office after a couple of months on the road. Likewise, long hours are to be expected. One source claimed a workday of nine to 12 hours as normal for him, while another indicated a workweek of somewhere between 60 and 70 hours. But there are lulls. Expect to be on the beach for stretches at Sapient, only because of the normal downtime between projects, says one consultant. This is probably the only decompression time you ll get, and the only way to not burn out. Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 71 C A R E E R L I B R A R Y Promotion procedure According to one source, Promotions and growth/recognition have been sidelined recently as we try to regain profitability. The firm also tends to hire outsiders when Director or higher-level positions become available instead of promoting from within. He adds, This has been pointed out by a number of the junior staff. The leadership has stated that they will try and address this, but enough time hasn t passed for any judgment to be made. A newcomer to the firm notes, There is an annual 360-degree feedback process where one collects feedback from a number of senior/fellow/junior colleagues. It is the basis of all further decisions like compensation, promotion, etc. Managing the feedback process can be crucial, adds a firm veteran. It s pretty key to having a good experience at Sapient is getting a good career manager, who will stay with [you] over time and is responsible for getting feedback and your promotion/compensation processes. If you find one that knows how to work with you and at Sapient, then you re going to feel a lot better. Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on 2004 Vault Inc. 72 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Sapi ent Corporati on Expect to be on the beach for stretches at Sapient, only because of the normal downtime between projects. Sapient consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 73 C A R E E R L I B R A R Y 2004 Vault Inc. 74 C A R E E R L I B R A R Y 5400 Legacy Drive Plano, TX 75024-3199 Phone: (972) 604-6000 Fax: (972) 605-2643 www.eds.com info@eds.com LOCATIONS Plano, TX (HQ) Offices in more than 60 countries PRACTICE AREAS A.T. Kearney Global Sales & Client Solutions Service Delivery Portfolio Management INDUSTRIES Communications, Entertainment and Media Consumer, Industries and Retail Energy Financial Services Government (Federal, State and Local) Health Care Manufacturing Transportation THE STATS Employer Type: Public Company Stock Symbol: EDS Stock Exchange: NYSE Chairman and CEO: Michael Jordan 2002 Employees: 135,000 2001 Employees: 140,000 2002 Revenue: $21.5 billion 2001 Revenue: $21.1 billion UPPERS Flexible schedule DOWNERS Corporate hierarchy limiting KEY COMPETITORS Accenture American Management Systems BearingPoint Computer Sciences Corporation IBM Global Services EMPLOYMENT CONTACT E-mail: careers@eds.com EDS V A U L T P R E S T I G E R A N K I N G 9 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Quiet, but successful Boring outsourcing Very clever! Bureaucratic THE SCOOP In the beginning Long before Ross Perot set his sights on the Oval Office, he founded EDS. Perot had been working for IBM for 10 years, and proposed that the computer giant begin offering clients electronic data processing management services. IBM rejected the idea, and a disgruntled (yet visionary) Perot left to start his own company in 1962. In the mid-1960s, EDS entered the medical claims processing, insurance and banking markets and went on to become the leading provider of data management in each of these industries. Car king General Motors (GM) bought the company in 1984, and the rocky relationship between GM and Perot led to the founder s departure in 1986. GM spun off EDS as an independent company in 1996 (though GM continues to provide about 12 percent of EDS sales). Today, EDS is a global leader in providing management and information technology consulting services to 35,000 business and government clients in 60 countries. With more than 135,000 employees worldwide, it is the largest IT firm in the U.S., and second largest worldwide (rival IBM Global Services holds that distinction). A bruising year Technology still means big business to EDS. Former CEO Richard Brown, who took over the reins in 1999 and stepped down in early 2003, attributed the company s success to its end-to-end solutions EDS is so large that it can provide a client with initial consulting services, build the necessary IT infrastructure and manage the business processes the new architecture makes possible. In March 2003, EDS announced a new management team that included Chairman and CEO Mike Jordan (the former leader of Westinghouse and CBS Corporation) and President and COO Jeff Heller, who retired from EDS in 2002 after 34 years with the company. Insulation notwithstanding, EDS has run into its share of difficulties recently. Despite a 2 percent revenue increase (to $21.5 billion), net income plummeted 26 percent in 2002, to a still considerable $1.1 billion. Several clients, most notably WorldCom and US Airways, filed for bankruptcy in 2002, jeopardizing the payment of outstanding contracts. Layoffs have further affected the company s image. The icing on the untasty 2002 cake was the announcement of a formal SEC inquiry into the firm s policies, and the 2003 ouster of CEO Brown, whose reported $55 million salary and $32 million severance package caused a bit of a stir in the media. Vault Guide to the Top 25 Technology Consulting Firms EDS Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 75 C A R E E R L I B R A R Y Four routes to influence business EDS is organized into three distinct business units, each serving different client needs. Global Sales and Client Solutions is accountable for growth with existing clients and developing business with new clients. It serves as a single point of accountability for client relationships. Service Delivery is accountable for delivering services at competitive rates, integrating and managing the delivery of EDS services worldwide. Portfolio Management develops EDS s range of service offerings. A.T. Kearney is a formerly independent management consultancy that EDS acquired in 1995. ATK is now a wholly owned subsidiary of EDS, but retains its identity and operating independence. Government circles Although EDS lost board member Dick Cheney to the vice presidency in August 2000, EDS isn t out of the loop (or the Beltway) in Washington. In October 2000, the company signed a $7 billion deal to build and maintain an intranet for the Navy and Marine Corps. The Marines began their transition to the Navy Marine Corps Intranet (NMCI) in April 2003, and EDS estimates it will finish integrating the service branch by December 2003. In January 2001, in cooperation with Indentix, EDS demonstrated a new secure digital voting solution for members of Congress. The system would allow U.S. military personnel overseas to vote online, eliminating the need for absentee ballots (and maybe a few Supreme Court cases). EDS interest in government electronic security increased significantly after September 11, 2001. The firm named retired Army Major General Robert L. Nabors as the head of its Homeland Security initiative in January 2002, charging him with integrating EDS security offerings to federal, state and local governments. Contracting expansion Much of EDS practice is homegrown, but a considerable segment comes from acquisitions as well. Due to economic concerns, however, the pace has slackened; the most recent one was the August 2002 acquisition of the managed hosting business of Loudcloud (now known as Opsware) for $63.5 million; in addition, EDS licensed its Opsware web hosting automation software for 5 years at $52 million. It was the only acquisition by EDS in 2002. Contracts aplenty In just one week in April 2003, EDS announced the following contracts: a $407 million, four-year extension with California Medicaid; undisclosed-term engagements with European transportation industry firms DHL Aviation, Belgian Vault Guide to the Top 25 Technology Consulting Firms EDS 2004 Vault Inc. 76 C A R E E R L I B R A R Y Ground Services (BGS) and Jet Aviation; contracts with French horse racing betting agency PMU, French independent bank Banque Martin Manuel, and Wanadoo, France Telecom s Internet division; $117 million in various contracts for its Business Process Outsourcing line; and a handful of new or expanded contracts with Esko- Graphics, Swedish retail co-op KF Kort, Chilean national airline LanChile, and Visanet. That s in just a week s worth of time, and it was interrupted by a weekend. Still, EDS hasn t been immune to the layoff bug. In December 2002, the firm cut 5,500 jobs, citing poor operating results. The company says that in June 2003, it announced that it would reduce its workforce by 2 percent, or approximately 2,700 employees worldwide. GETTING HIRED Job shopping One source from Europe says EDS fills open positions via third-party professional hiring bureaus. A U.S.-based colleague concurs, noting that jobs are often filled through a contracting house. In fact, he continues, this is what I would recommend as it lets you test drive EDS for six months. If things go well, you can expect an offer. You can also negotiate for a raise when you get an offer. Undergraduate and graduate recruitment happens at most major universities, typical for a Fortune 100 company. Insiders weren t specific as to which schools; Why discriminate based on a school? asks one consultant, quasi-rhetorically. The firm notes that, while it does sometimes use a contracting house, most hiring is done directly. As of September 2003, on-campus recruiting is limited. On interviews, one EDSer offers this advice: Be confident when you interview and state what you can do. EDS tends to be conservative in where they place you, and if you don t promote yourself, you could end up with a fairly rudimentary position. OUR SURVEY SAYS Four-four-four cultures in one The experience you get at EDS will depend on which department you call home. A source says, The organization is divided into four business lines [including A.T. Kearney] and their independence drives different cultures. Another agrees, Sometimes the company can be compartmentalized. A person in product Vault Guide to the Top 25 Technology Consulting Firms EDS Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 77 C A R E E R L I B R A R Y lifecycle management notes, Our business unit is a small, flexible organization. Managers get good marks There are no pointy-headed bosses at this IT firm, according to our respondents. EDS is a good place to work, says one source. The management is concerned about morale. He later notes that supervisors are good, responsive, and flexible. A colleague agrees, Immediate and mid-level supervision is great. But the love appears to end there; that same person gripes, Bureaucrats in Plano and Herndon focus on money and couldn t care less about people. Another adds, There is far too much overhead too many layers of management, too many processes, etc. It seems like there is a concerted effort to improve the situation but there is much work to be done. The firm comments that a new management team is in place, with a commitment to employee care. All the diversity the market can stand EDS isn t as diverse as it could be but insiders are understanding. I believe EDS makes a sincere effort to provide a diverse environment, says one male, but it seems like there are few women in the computer/engineering fields in general. He continues, I believe the real problem is in the American education system. When you look in highly technical classes, you will find a largely white male presence. This is reflected in the work force. Companies hire based on availability. To have a more diverse work force requires more recruiting and encouraging of women and minorities in the education system. Vault Guide to the Top 25 Technology Consulting Firms EDS 2004 Vault Inc. 78 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms EDS EDS is a good place to work. The management is concerned about morale. EDS consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 79 C A R E E R L I B R A R Y 2004 Vault Inc. 80 C A R E E R L I B R A R Y 2100 East Grand Avenue El Segundo, CA 90245 Phone: (310) 615-0311 Fax: (310) 322-9768 www.csc.com LOCATIONS El Segundo, CA (HQ) 1,200 offices worldwide PRACTICE AREAS Application Outsourcing BPM Business Process Outsourcing Credit Services Customer Relationship Management Enterprise Solutions Industry Solution Information Security IT Infrastructure Outsourcing Knowledge Management Managed Services Management Consulting Research Services Supply Chain Management THE STATS Employer Type: Public Company Stock Exchange: NYSE Stock Symbol: CSC Chairman and CEO: Van B. Honeycutt 2003 Employees: 92,000 2002 Employees: 67,000 2002 Revenue: $11.4 billion 2001 Revenue: $10.5 billion UPPERS Government engagements mean great exposure Diverse global company, able to resist local economic downturns DOWNERS Outsourcing-o-rama Extra-heavy travel likely KEY COMPETITORS Accenture BearingPoint Deloitte EDS IBM Global Services Perot Systems EMPLOYMENT CONTACT careers.csc.com Computer Sciences Corporation V A U L T P R E S T I G E R A N K I N G 10 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Experienced. Code monkeys. Rising star. Past its prime. THE SCOOP One of the originals Computer Sciences Corporation (CSC) has been around since 1959, when there were fewer than 4,000 computers in the world and a computer bug was literally an errant critter blocking a circuit in one of the room-sized machines. In April of that year, two young aerospace computer analysts named Fletcher Jones and Roy Nutt started CSC with $100. The company was one of the first to be listed on the New York Stock Exchange in 1968. Today, the firm is one of the most recognized names in the field of information technology, and understandably so; the firm employed 92,000 people as of 2003. The CSC client roster includes private companies most notably aerospace, chemical and energy, credit services, financial services, health care and government entities. CSC boasts clients ranging from MIT and the relatively new U.S. Department of Homeland Security to Dupont and the Royal Mail Group. The firm s services include IT strategy and consulting, systems integration, supply chain and customer relationship management, research and outsourcing. In May 2003, CSC launched a new global organization to develop and deliver transformation solutions meaning consulting services that impact high value business processes, leverage existing systems and investments, and enable continuous improvement, according to the company. Knowledgeable programs CSC has developed several strategic offerings for its clients. The firm s enticingly named Leading Edge Forum, aka The Technology Voice of CSC, serves as a sort of mouthpiece for views of the technology marketplace where it is and where its going. The Leading Edge Forum, or LEF, publishes reports on the technology marketplace (called wait for it LEF Reports.) Under the aegis of the LEF exist Centers of Excellence, which are dedicated facilities with consultants and resources in industry areas such as banking, information security and systems performance. CSC s Knowledge Program (not to be confused with LEF!) contains four separate components: worldwide collaborations by CSC consultants (normally virtually, via computer and phone); CSC Catalyst, CSC s (licenseable) methodology; and CSC s Vault Guide to the Top 25 Technology Consulting Firms Computer Sci ences Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 81 C A R E E R L I B R A R Y ResearchNetwork and Knowledge Broker Services, CSC s dedicated research services. Internally, the company has established an extensive professional development program with over 2,800 online computer-based training courses offered through Learn@CSC. The courses include both technical and interpersonal skills training. Other programs include leadership development, coaching skills, Catalyst education and the Pioneer Curriculum for global business change. The courses are accessed online. Navigating a stormy market The firm weathered a stroke of bad luck with the disastrous collapse of IP network provider Global Crossing. Global Crossing filed for bankruptcy (it had fraudulently misstated its value at ten times the actual figure) in February 2002, just months after signing a $700 million joint services contract with CSC, of which CSC would have garnered $400 million over five years. CSC s 2002 revenue forecasts were cut on more than one occasion as a result of Global Crossing s ineptitude. Fortunately, this sad history is in the past. While commercial consulting revenues continue to stall, growth in CSC s commercial outsourcing and federal consulting and outsourcing has compensated. Growth has come from big contracts such as a 10- year, $2.4 billion contract with Britain s Royal Mail Group, a five-year outsourcing agreement with Tryg, Denmark s largest insurer, and a $320 million contract wtih Maybank, the largest bank in Malaysia. CSC also won outsoucing work from Boeing despite a prior Boeing relationship with IBM. Government assistance In 2002, revenue from government clients made up about 24 percent of total CSC revenue. In 2003, government revenue hit 40 precent. This jump is largely due to CSC s acquisition of DynCorp in March 2003, which, in its former life, was a technology services firm that specialized in communications, security and aircraft. In fact, DynCorp was the maintenance contractor for all White House aircraft with the very notable exception of Air Force One. The acquisition was a strategic move to allow CSC to take advantage of the increased focus on national security and antiterrorism and to garner business from the new Department of Homeland Security. The plan worked beautifully. In April 2003, the U.S. State Department invited CSC to participate in an (apparently no longer) secret bid for a contract to rebuild Iraq s Vault Guide to the Top 25 Technology Consulting Firms Computer Sci ences Corporati on 2004 Vault Inc. 82 C A R E E R L I B R A R Y police and judicial system. CSC s brand new DynCorp subsidiary won the $50 million contract. Good luck, CSC! Also in April 2003, a DynCorp joint venture signed a $948 million deal to provide facilities managmeent and range operations for the British Ministry of Defence. CSC, which owns half the joint venture, will collect half the proceeds of the juicy 10-year deal. Growing through government CSC continues to grow in the government sector. Other big federal wins include a $1.1 billion contract to provide simulator-based flight training and related aviation training support services to the U.S. Army and a $700 million, eight-year contract with the U.S. Army to develop and install networks. In July 2003, CSC announced that it had successfully assisted in the deployment of the first phase of the U.S. Army s Logistic Modernization Program, which entails the reinvention and updating of the U.S. Army s supply chain, the world s largest. CSC may be taking its government savvy to Europe as well. As of October 2003, the firm was negotiating a 6.1 billion IT outsourcing project for the German armed forces. Going commercial No one-trick pony, CSC has a number of projects in the works for clients from the private sector. The projects announced in 2003 include a $320 million, eight-year outsourcing agreement with materials science giant Basell; a 10-year, $1.6 billion outsourcing deal with Motorola; and extensions to four General Dynamics contracts valued collectively at $137 million. Give me a break In December 2002, The Los Angeles Times reported that CSC workers were being forced to use vacation days to take a week off between December 30, 2002 and March 28, 2003. The company memo, leaked to web site Internalmemos.com, noted that employees who lacked sufficient vacation time to take a week off in that period would have a negative vacation balance until they accrue more vacation over time. Mike Dickerson, a company spokesman, said, It is very common practice for American industry to require some employees to take paid vacations during slow times of the year. He added, The memo does not in any way accurately reflect the company s consolidated financial condition. Vault Guide to the Top 25 Technology Consulting Firms Computer Sci ences Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 83 C A R E E R L I B R A R Y GETTING HIRED Knuckling down Computer Sciences Corp. is serious about online recruiting. Its CareerSource page (careers.csc.com) includes links to jobs listed in the past 24 hours and the past five days, various search options, a job alert that includes daily mailings (if your criteria come up often enough), and a resume upload and storage function for registered users. For traditionalists, the site also keeps a schedule of campus events and other hiring initiatives. Internships are also covered on CareerSource. Unlike many consultancies, CSC does not have a standard, formalized program. Instead, internships for particular offices and practices are posted as they become available. For instance, a May 2003 opportunity highlighted the company s Maryland Intelligence Center undergraduate program, open to U.S. citizens interested in IT security and the Department of Defense. Vault Guide to the Top 25 Technology Consulting Firms Computer Sci ences Corporati on 2004 Vault Inc. 84 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Computer Sci ences Corporati on As of October 2003, [CSC] was negotiating a 6.1 billion IT outsourcing project for the German armed forces. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 85 C A R E E R L I B R A R Y 2004 Vault Inc. 86 C A R E E R L I B R A R Y Stephenson House 75 Hampstead Road London, UK NW1 2PL Phone: +44 20 7637 9111 Fax: +44 20 7468 7006 www.logicacmg.com LOCATIONS London (HQ) Lexington, MA (U.S. HQ) 181 offices worldwide PRACTICE AREAS Consulting Customer Relationship Management e-Business Enterprise Resource Planning Enterprise Solutions Human Resource Management IT Skills Knowledge Management Outsourcing Security Software Engineering Systems Integration Testing & Quality Management Wireless Networks THE STATS Employer Type: Public Company Stock Symbol: LOG Stock Exchange: London CEO: Martin P. Read 2002 Employees: 23,097 2001 Employees: 11,908 2002 Revenue: $1.42 billion 2001 Revenue: $1.62 billion UPPERS Worldwide reach through numerous offices There is no one here I would not buy a drink with my own money Reasonable working hours DOWNERS Culture, headcount and morale in flux after merger No training allowed Brutal travel requirements KEY COMPETITORS Accenture Cap Gemini Ernst & Young EDS IBM Global Services EMPLOYMENT CONTACT www.logicacmg.com/careers LogicaCMG V A U L T P R E S T I G E R A N K I N G 11 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Reliable tech house High tech has beens Possible new kid on the block CMG did them no favors THE SCOOP All together now As you might gather from its name, LogicaCMG is the result of a merger between Logica and CMG, former rivals in the field of technology consulting. The firms announced their intent to join in November 2002. Logica, a British concern, completed the assimilation of Amsterdam-based CMG at the end of December 2002. LogicaCMG conducts business in 32 nations, providing a wide array of IT and other technology support to more than 680 client companies in markets such as energy and utilities, media and entertainment, telecommunications, public sector and retail. The firm s services similarly cover a broad range, including software engineering, systems integration, CRM, outsourcing and strategy. In addition, it provides infrastructure for wireless networks. Moving forward Both firms were busy before and during the merger period, with several contracts and smaller acquisitions each during late 2002. Prior to merging, the firms predicted that more than 1,400 jobs (about 6 percent of the combined workforce) would be eliminated during the first year of operation. After joining forces, LogicaCMG hit the ground running, but not without some painful cuts. First, the good news LogicaCMG has picked up several engagements in its early days. In January 2003, the firm signed a partnership agreement with Verzuimdata Nederland, a communications network provider and go-between for employers, insurers and health/safety organizations in the Netherlands. The combined service will provide data on worker absenteeism with less error and duplication than previously possible. A February 2003 partnership with LightSurf to deliver multimedia messaging solutions (MMS) to mobile telecom providers, made it possible for LogicaCMG to book a sale to KPN Mobile, a European wireless group, in March. The firm followed that up in April by contracting with Go Mobile, the leading mobile operator in Malta. Further launches in the Philippines and India were announced in May. Also in April 2003, LogicaCMG joined the Mantas Global Alliance Program, a consortium of technology firms that provides behavior and risk management Vault Guide to the Top 25 Technology Consulting Firms Logi caCMG Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 87 C A R E E R L I B R A R Y technology to the financial services industry the firm also picked up a new master service agreement with Shell International. The first project for Shell under the new contract is a $20 million SAP implementation for Shell Europe Oil Products, which should take two years to complete. Now, the bad news Job cuts have persisted since the merger in December 2002. In January 2003, 315 personnel were laid off in two Irish offices; another 415 in the Netherlands got the axe in February. Shortly thereafter, in early March 2003, a plan for 700+ new layoffs (in addition to the original 1,400) was announced to compensate for reduced demand, bringing the expected total to more than 2,200. At the same time, chief executive Alistair Crawford, former head of CMG, resigned to pursue the top spot at another firm. In his place, Logica boss Martin Read took the reins. Not surprisingly, repeated layoff announcements and the departure of the firm s CEO have caused the stock price to fluctuate considerably. By May 2003 and the close of the firm s first four months of operation, however, trading and other factors were reported to be in line with the 2003 guidance provided at the time of the merger. GETTING HIRED Finding your way As of May 2003, the HR departments of Logica and CMG were still operating more or less independently, while the firm worked to create a unified recruitment strategy and hiring process. A company insider confirms, The recruitment process is under review due the merging of the two companies. Interested parties are directed to start their inquiries and submit their applications and resumes on the Web (see www.logicacmg.com/careers). Expect the final hiring process to combine the best practices of each firm this is a consultancy, after all, and best practices carry a lot of weight in the industry. One source calls his former (as in pre-merger) company s methods very effective and impressive. Another consultant recalls, My recruitment took the form of a technical test followed by four interviews all on the same day. This is confirmed by several colleagues who mention anywhere from two to four interviews, usually in a single day. However, he notes, There has been a recruitment freeze on for over a Vault Guide to the Top 25 Technology Consulting Firms Logi caCMG 2004 Vault Inc. 88 C A R E E R L I B R A R Y year. The freeze is apparently not absolute, though jobs posted on the sites are open to (and directed toward) outside candidates. OUR SURVEY SAYS Bringing order out of chaos, eventually According to one source at the firm, The two companies (Logica and CMG) have only just merged, there is no real culture at the moment, just some fuzzy blend of the two. That makes sense. Another feels that since being merged with Logica, employee morale is at an all-time low. Several consultants and managers expressed bitter views that confirm this. One person, more upbeat, says his company s culture used to be great the recent takeover has taken its toll, but things are starting to improve again. He adds, The culture was work hard/play hard with plenty of extra curricular activities and plenty of alcohol. Nobody is predicting how the culture clash will resolve itself, but old loyalties still remain. One person suggests the solution is to promote CMG culture and focus on beating the rest of the market. Another warns, The old Logica culture is dying it needs revitalizing, and soon! Getting up, moving around We have contradictory reports from our sources on advancement, likely due to the merger. A consultant tells us, One is expected to take control of one s own career aspirations, but in practice career development is difficult due to the priority given to billable work. Two people say that you will move up if your face fits. Another says the firm used to be very selective, but no longer. Now it s easy to get ahead. The company is a meritocracy: no ceilings for those with undergraduate degrees. Promotion is slow, but consultants can expect good monetary rewards for exceptional performance. But another contradicts him, saying there is No chance of career advancement at the moment. Recruitment has become extremely selective because of restrictions placed on headcount in the last 12 months. Chances are, the voice to trust is this one, a long-term consultant at CMG: Following the merger, the promotion policy is unclear. One subject that most consultants agree upon is travel. The consensus: there s a lot of it. One senior consultant notes, You must be prepared to work away from home Vault Guide to the Top 25 Technology Consulting Firms Logi caCMG Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 89 C A R E E R L I B R A R Y for up to six months. It s up to you to manage whether this happens to you. Another source claims there is no recognition for additional travel other than to your base office. Or, they claim there is and then change the definition of base office. A third remarks, I have been lucky to get roles that are commutable from my home for the past year. I am not expecting to be so lucky this year. The work hours, according to insiders, tend to range from 40-50 per week very reasonable for consulting, though a few report heavier loads. The hours, while not seen in the same unpleasant light as travel, vary tremendously, with very little time spent on the beach. An insider comments, We call it the bench and it is very depressing if you land up there, especially at the moment with the everlasting threats of redundancy. His colleague notes, Opportunities are posted centrally so you can put yourself forward for anything that appeals. Its work, not school LogicaCMG s constituent companies appear to have all been fairly weak on training; not a single respondent has anything to say about it, save that they don t get any. One says training is nonexistent at the moment, again due to budgets ... and I have not had training (other than induction courses) since I started. Another quips, No training allowed. Vault Guide to the Top 25 Technology Consulting Firms Logi caCMG 2004 Vault Inc. 90 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Logi caCMG One is expected to take control of ones own career aspirations. LogicaCMG consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 91 C A R E E R L I B R A R Y 2004 Vault Inc. 92 C A R E E R L I B R A R Y 208 Harbor Drive Stamford, CT 06912-0061 Phone: (203) 973-6700 Fax: (203) 359-8066 www.metagroup.com LOCATIONS Stamford, CT (HQ) 68 offices worldwide PRACTICE AREAS Advisory Services Consulting & Benchmarking Data Services Executive-focused Services Industry-focused Services Research Reports & Decision Tools Structured Transformation Programs THE STATS Employer Type: Public company Stock Symbol: METG Stock Exchange: Nasdaq Vice Chairman, President and CEO: Alfred J. Fred Amoroso 2002 Employees: 643 2001 Employees: 740 2002 Revenue: $116.5 million 2001 Revenue: $117.8 million UPPERS Excellent benefits, including accomodations for new mothers Firm supports work-from-home arrangements DOWNERS Heavy workload Lots of travel for a research firm KEY COMPETITORS AMR Research Inc. Forrester Research Gartner EMPLOYMENT CONTACT E-mail: recruiting@metagroup.com META Group V A U L T P R E S T I G E R A N K I N G 12 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Interesting research Cookie cutter Good market coverage THE SCOOP Industry reporter META Group makes its mark as a technology research consulting firm providing advisory services, IT research and strategy consulting to a field where new developments are ever-present. This puts the firm in good company with Gartner and Forrester, its fellow research consulting companies and longstanding competitors. Founded in 1989 by Marc Butlein and current chairman Dale Kutnick, META became a public company in 1995. It boasts more than 2,600 clients and subscribers in the public and private sectors. The company has gained market share, even in a tough market, for over a year (five consecutive quarters) as of 2003. What do they do? META divides its offerings into three main categories: advisory services, strategic consulting and published research products. While METAs strategic consulting practice comprised 28 percent of 2002 revenue, the firm s main strength is in advisory services (which accounted for 67 percent), especially in the areas of CIO services, enterprise architecture and global networking. METAs research is available in a variety of formats and may be purchased individually or provided as part of a subscription to the company s services. Advisory reports are released in METAspectrum evaluation reports, a series of periodically updated commentaries on industry topics using a consistent vendor evaluation methodology. A sample of recently released METAspectrum reports between November 2002 and May 2003 gives a sense of the scope of META interests and reporting. For instance, you can find: a prediction that the wireless LAN market will grow at a 30 percent compound annual rate; anticipations that 85 percent of Global 2000 organizations will have selected an enterprise portal framework by 2004, with only 25 percent of them supplied by independent providers; a report that CRM in the U.K. is applied haltingly, as a stopgap measure, rather than used as a tool for long-term change; expectations that 90 percent of large organizations will host older applications on the Web by 2007 (from a new METAspectrum topic launched in December 2002, covering the Web-to-host market); and a prediction that the antivirus product market will grow 10-20 percent a year, with leading vendors adding antispam software to their products. Vault Guide to the Top 25 Technology Consulting Firms META Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 93 C A R E E R L I B R A R Y Another notable service offered by the firm is CIO Boot Camp. This three-day experience subjects senior IT executives from a number of firms to intensive training by METAs Executive Directions team of former CIOs, with the goal of addressing each participant s specific challenges, enable attendees to share their best practices and create a better and more efficient IT organization. Attendance at these events is capped at 55 people, so that clients can get the maximum benefit. The company has been running the event for more than five years and is considered to be the founder of intensive CIO training and coaching services. META also has an IT vendor practice, which is aimed at helping vendors quantify their value in the marketplace and develop marketing strategies. The company considers benchmarking and measurement to be META strengths as well. METAbolism The firm s leadership changed a few times during the latter half of 2002. In August of that year, co-founder Dale Kutnick resigned as president and CEO, succeeded by Fred Amoroso, and was followed by Kutnick stepping down as the firm s Chief Research Officer in December 2002, retaining only his position as chairman of the board. Three executive vice presidents will jointly fill the role. In 2002, the firm acquired META Group AG, its German subsidiary, and in 2003 the company completed the acquisition of a number of European distributors, giving it control over its European operations. In February 2003, METAopened a new office in the Philippines, a new market that will serve as a base of operations for its call centers and business process outsourcing in the region. META made an aggressive move (by research and consulting standards) against its competition in March 2003 when it launched its first-ever national advertising campaign. The print and online ads, appearing in such publications as Business 2.0, CIO, Federal Computer Week and Forbes, highlighted the firm s differences from its larger competitosr in terms of trustworthiness and return on investment with the tag line, Return on Intelligence. Let s hope so! GETTING HIRED Closed-door policy As of 2003, META is actively recruiting. Positions listed on the firm s employment page (domino.metagroup.com/jobsHome.nsf/web/Careers) are mostly for Vault Guide to the Top 25 Technology Consulting Firms META Group 2004 Vault Inc. 94 C A R E E R L I B R A R Y managerial, sales or internal functions, though consulting and research positions were open at the time. The summer consultant program seems to have dried up as well. A source notes, We used to have summer interns. I hired several great analysts that way. A longtime insider describes the hiring process as informal and unfocused, with group interviews on occasion. META notes that group interviews are not a substitute for formal one-on-one interviews, though they are sometimes conducted to give candidates a broader understanding of the firm. On a positive note, META s employee benefits are said to be excellent. Compensation-related perks include profit sharing, ESOP, venture shares and a stock repurchase program as well as performance-based bonuses. OUR SURVEY SAYS Cultured Insiders are pleased with the interpersonal and professional behavior aspects of META Group. One high-seniority employee describes it as a range from engineering/product-centric to marketing/customer-centric. A colleague says it is a Very rewarding and supportive culture. It values intelligent discourse, initiative and competition internally but requires a team face externally, which can be hard on lone wolf-type consultants. However, another decries the lack of culture for remote analysts, and lack of support from HQ for them. Beneath the positive bits, one source notes there is a lack of recognition and pay for entrepreneurial behaviors. He feels things would improve if META would encourage risk rather than risk avoidance. Consultants may not have time to worry about these points, as we hear that work is a constant rat race. One insider agrees, Travel and workloads demand more than 40 hours per week. However, he notes the firm supports work from home which helps restore balance. Vault Guide to the Top 25 Technology Consulting Firms META Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 95 C A R E E R L I B R A R Y 2004 Vault Inc. 96 C A R E E R L I B R A R Y Suite 3000 John Hancock Center 875 N. Michigan Avenue Chicago, IL 60611 Phone: (312) 255-5000 Fax: (312) 255-6000 www.diamondcluster.com LOCATIONS Chicago, IL (HQ) 9 offices worldwide PRACTICE AREAS Growth: Market Penetration New Business Development New Growth Operations: Execution Excellence Operations Strategy Profit Improvement Turnaround Management Technology: Architecture Assessment and Strategy IT Assessment and Strategy IT Portfolio Assessment and Strategy Outsourcing Advisory Security Assessment and Strategy Technology Program Management THE STATS Employer Type: Public Company Stock Symbol: DTPI Stock Exchange: Nasdaq Chairman and CEO: Melvyn E. (Mel) Bergstein 2002 Employees: 843 2001 Employees: 1,141 2002 Revenue: $203 million 2001 Revenue: $259.3 million UPPERS Greater responsibility on smaller teams International environment It feels like a big family DOWNERS Lack of formal training Lots of travel required The economy and our susceptibility to it KEY COMPETITORS Accenture Booz Allen Hamilton Deloitte McKinsey & Company EMPLOYMENT CONTACT www.diamondcluster.com/careers DiamondCluster International Inc. V A U L T P R E S T I G E R A N K I N G 13 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Rising star Cutting edge, mindshare All travel, all the time Too techy no strategic vision THE SCOOP Diamond chips DiamondCluster (DCI) is a publicly traded Chicago-based consultancy with the ability to work on both management and technology projects for clients. It all began in November 2000 when Diamond Technology Partners merged with the Barcelona- based Cluster Consulting in a $930 million deal. DiamondCluster focuses on developing technology strategies, providing outsourced experts, and fine-tuning operations and program management. Its clients are grouped into five vertical sectors: financial services, telecommunications and energy, public sector, consumer- industrial products and services, insurance and health care. DiamondCluster s focus is on keeping technology in every engagement, since there are few businesses today whose problems are easily separated. DiamondCluster markets its services to chief-level corporate officers and senior management, its 650 consultants bringing an interdisciplinary approach to client development. The firm is also the home of such notable consulting works as 2001 s E-Learning: Strategies for Delivering Knowledge in the Digital Age, by Marc Rosenberg. The company s critically acclaimed business journal Context ceased publication in December 2002. A really killer app A key source of exposure for DiamondCluster is the renowned Unleashing the Killer App, a bestseller by DiamondCluster Fellow Chunka Mui and e-commerce expert Larry Downes. The book exhorts its readers toward seemingly counterintuitive wisdom like cannibalize your markets and give away as much information as you can. In December 2000, Mui was recognized by CIO magazine as one of the Ten Masters of the New Economy. Another notable publication is 2001 s The Seven Steps to Nirvana: Strategic Insights into eBusiness Transformation, by Mohan Sawhney and Jeff Zabin. The book helps executives realize that turning an established business into an e-business is a continuing process, never truly completed, and that the focus should remain on business, not e. DiamondCluster is the proud sponsor of a sort of in-house think tank, the Diamond Fellows, who provide DiamondCluster clients with a broad range of perspectives on engagements. The firm establishes annual contractual arrangements with the members of the Diamond Fellows, though many of these relationships last for years. DiamondCluster Fellows are not necessarily DiamondCluster consultants; they are Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 97 C A R E E R L I B R A R Y chosen on the basis of the relevance of the Fellow s experience to DiamondCluster s current client projects. Raising intellectual capital DiamondCluster is well-known for The Exchange, a forum for C-level executives to discuss methods of winning with technology in the marketplace. As a way of boosting its output of intellectual capital even further, DiamondCluster has established a number of study centers and joint ventures devoted to researching various aspects of the high-tech industry. In September 2001, the firm opened the Chicago-based Center for Technology Innovation, a conceptual laboratory where it develops ways to help clients better integrate high-tech methodologies. And in March 2002, it announced the first round of funding for DevLab One, a joint venture with Motorola and Northwestern University s Information Technology Development Laboratory that will turn university-developed wireless solutions into market-ready products. Singing an e-business tune During the dot-com boom, DiamondCluster (and, before November 2000, the pre- merger Diamond Technology Partners) was going with the e-business flow, enjoying significant revenue growth and increased business. Revenue for fiscal year 2001 was up 90 percent over the previous year to $259.3 million thanks to a surge of new clients. In February 2000, the firm struck an alliance with the Big Three automakers to combine their B2B exchange initiatives into one online marketplace. And in April 2000, the firm teamed with Morgan Stanley Dean Witter and Silgan Holdings to start a new company, Packtion, a B2B marketplace for the global packaging industry. Diamond in the rough By 2001, however, DiamondCluster was beginning to feel the pain of the economic slowdown, combined with the burst of the dot-com bubble its bread and butter. Despite CEO Mel Bergstein s direction to move away from doing equity work for dotcoms, a tactic that provided real income and protected DiamondCluster against the crash, the company s earnings still plunged. The watchword at the firm, as put forth by Bergstein, was preserve our assets our people, our client relationships and our intellectual capital. In early 2001, DiamondCluster announced a staff-wide 10 percent pay cut, with partners giving up an extra 5 percent. But it wasn t enough; in March 2001, the firm laid off 25 non-consultant employees, and in July it furloughed 200 consultants Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. 2004 Vault Inc. 98 C A R E E R L I B R A R Y one-fifth of its total for six months at 35 percent of their salaries, with benefits. Consultants were also given the opportunity to accept a severance package, which a number opted to take. Saving our assets In October 2001, DiamondCluster extended the furloughs for another six months and reduced compensation for the furloughed to 25 percent. The company also withdrew most of the outstanding job offers it had made to college seniors. In January 2002, Bergstein announced that another 50 to 75 consultants might be furloughed later that year. DiamondCluster ended another cost drain in December 2002 when it folded its journal Context, citing poor ad revenue and a need to refocus operations. Aside from the drop in the market, a number of internal factors were said to have exacerbated the company s financial situation, including overstaffing, residual difficulties integrating Cluster personnel, poor implementation of DCI s strategy practice and problems with closing a number of important deals. Nevertheless, DiamondCluster has been lauded for its employee-friendly approach to the economic downturn, putting off staff reductions as long as possible, even at the expense of profits. Sparkles of hope Things may have begun to turn around for DiamondCluster. One encouraging sign was the January 2002 return of Michael Palmer, former partner and founding member. By May 2002, all but 25 of the furloughed consultants in North America had returned to active duty. Bergstein predicted that their European and Latin American counterparts would soon come in out of the cold once regional business picked up as may be indicated by the engagement, announced in January 2003, with Colombia Movil, Colombia s third largest wireless telecom company. And in 2003 DiamondCluster announced plans to resume recruiting again, through both experienced and campus recruiting channels. Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 99 C A R E E R L I B R A R Y GETTING HIRED Rare gems DiamondCluster s hiring process does not appear to have much room for non-stars. A New York insider says, Hiring is extremely selective and consists of several rounds of resume review, multiple interviews and a fairly rigorous candidate selection process. While many firms make similar claims in their literature, DCI s employees use words like tough, intense and focused to describe the interviews. An analyst in California calls it an intense process including four behavioral interviews and at least three tough case interviews. Another insider says undergrad and MBA recruiting involves a first round of two 45-minute interviews and then three or four 45-minute interviews for [the] second round. Interviewers are looking for keen intelligence as well as fit in these interviews. A consultant in Europe offers these specifics: We undertake a three-step interviewing process in which we assess a candidate s experience and/or potential in several areas: leadership, teamwork, management, problem solving, initiative, business acumen and communication. The first round is mostly behavioral evaluation, but the second round involves both fit and business cases. [The firm says both rounds contain both fit and business case evaluations.] A consulting veteran recalls this problem: Your client has been facing increased IT costs and has infrastructure concerns, how would you address the need to drive profitability while identifying the necessary support? DiamondCluster is a tough place to find a job. We are currently hiring on very select campuses for summer MBA interns and full-time undergraduate analysts, says one Cleveland consultant. A New York-based analyst says they have only hired a few undergrads this year, and only summer MBAs over the last two years, very minimal. Another insider opines, We are selective in our hiring process as well as in our promotions policy. He adds, I don t look at this as a bad thing, though. If you are good, you will be promoted; degree doesn t matter at all. Our CEO doesn t have an MBA, and neither do many of our partners. The work quality and vision is what counts. While only a few of our respondents had interned at DiamondCluster, those who did spoke highly of their experiences. A long-time employee of the firm claims, My experience was among the best of my peers. I was put full force into the firm s culture and projects and owned a piece of the work from the beginning. I met a lot of people and felt I was able to gain the full, true experience. A younger colleague says his internship was fantastic. I did work hand-in-hand with full-time Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. 2004 Vault Inc. 100 C A R E E R L I B R A R Y consultants, was immediately considered as part of the team and given a track of work to manage. OUR SURVEY SAYS Still a happy cluster Despite layoffs, pay cuts and general uncertainty, a lot of our contacts were markedly positive about DiamondCluster s culture and environment. One insider raves, The firm s culture is outstanding people are super supportive of one another and there is an emphasis on coaching and career development. Like other firms, the economy has hit us hard, but management has maintained a positive culture. A colleague in Florida adds, DiamondCluster s culture is one of the top reasons why I joined the firm. One consultant says, The culture used to be very strong but has since dwindled with little (or no communication) and a fear of firm stability going forward. Additionally, people are looking to find other work and are not as focused on their future at the firm. But his colleague in the same office rebuts, calling the firm a very cohesive and close group of people. We have managed to maintain that over the past two difficult years. That coupled with the fact that we are a virtual firm is quite unique and amazing in my opinion. An insider from Europe calls the culture meritocratic, but toughened up significantly since the industry slowdown. Another adds, Everyone is very open and approachable. Maintaining balance The more IT-focused members of DiamondCluster seem to feel better about the work/life balance than their management counterparts. The work/life balance is, ironically, more manageable due to the downturn in the economy, relates one insider. DCI consultants typically spend a little more time at home now (working on business development) than they used to when times were good! Another says, Partners and colleagues are willing to give other consultants a break from project work and time away if necessary. Team-driven culture eliminates the idea of silos around deliverables. Travel remains an issue, however. A company manager says, Travel is extensive and with the pressure to do more and more, people are asked to give up even more Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 101 C A R E E R L I B R A R Y of their free time at home. Another ranking member adds, We follow our clients; unfortunately our clients are sparse close to home and more plentiful far away. This has led to a significant increase in travel distance. A Chicagoan disagrees, saying, Again, travel has been reduced by the state of the economy. When on a billable client project, travel is typically four days per week. Non-billable work is typically performed at home. DiamondCluster tries to enforce a reasonable break. One insider feels the 4+1 day rule (four days at client site, one day in the office) as well as weekend packs [for Europe employees] are positively influencing the work/life balance. Another says, We strive for four and one (four days on client site) as much as possible. My last three projects have been this way with a few exceptions around deliverable time. One lucky colleague tells us, I have been staffed on a local client for about nine months. Nice place when youre there On those rare occasions consultants are in the DiamondCluster offices, they speak well of the surroundings. The [Chicago] office is awesome, says one insider. Great view, great location, great work environment. One person in a European location agrees, Comfortable offices with adequate hot desk areas to work and nice views of the city. Another major plus is the firm s benefits package, which includes a health plan that insiders say is simply the best on the planet. One person says, Health benefits are unbelievable 100 percent coverage with no co-pays. You can choose from any health care provider in the world, adds another. Sources say the company is also generous with stock options, though that could be more a token than a benefit. Stock options are also widely distributed, one insider tells us, but the stock market hasn t been making that benefit all that beneficial. Other typical benefits include tuition reimbursement, laptop computers, accidental death/dismemberment coverage and an employee assistance plan. There are some benefits specific for the resource center you belong to, adds an employee in Europe. Supervision and training Most of our contacts are happy with the level of support they receive from superiors, but they knock the training program as poor. Investment has been curtailed in these difficult times, explains one partner. Aconsultant adds, Training has been cut substantially in the past few years due to the economy. Training is only typically Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. 2004 Vault Inc. 102 C A R E E R L I B R A R Y available virtually (online) now. Another concurs: Training has not received the focus it needs, everyone has been busy delivering work and there is little time to train. Not all the comments on training are negative, though. A New York-based consultant refers to the firm s teaching hospital attitude, and an analyst in Florida feels that DiamondCluster has been very creative in developing training opportunities for its consultants. On Fridays, Learning Labs are held at DiamondCluster offices. The supervisors receive higher marks from the majority of our respondents. Asenior analyst says, Supervisors are for the most part outstanding extremely concerned about the welfare of their staff and interested in professional and personal development. A senior consultant refers to the highly skilled and experienced supervisors who give constant feedback and help developing your career. One consultant offers this critique: Supervisors are hit and miss within the firm. There is no 360-degree feedback structure from consultants to superiors (an anonymous 360 would be helpful). There is much to be learned in terms of client interaction and program management from superiors but content/knowledge base around specific areas could be better. The diversity facet DiamondCluster faces the same situation that most consultancies do the comparative lack of women and minority representation. That is just the nature of technology, suggests one woman. She continues, I don t think I have ever been harassed or looked down upon because of my gender, but it is sometimes difficult on a personal and professional level because no matter what I do, I will never be one of the boys. I definitely don t think that is unique to Diamond. She hasn t been held back because of gender issues, either. I have been extended or asked back by every client I have ever worked with, so I don t think it is a significant issue. Within our firm, I am considered a knowledge leader in a specific area and my skills/input are solicited for many engagements and proposals. Another woman consultant gives her own perspective: I believe the commitment is there to develop women at a more junior level who will hopefully make it to the higher levels. However, the firm definitely needs more women at the principal/partner level. The state of minority representation is similar to that of women. One insider says, We have representation from all minority groups. The bulk of the firm is white males, but again I think that is the nature of the business. We do have very respected leaders that are minorities and women so it doesn t appear to be a limiting factor. A Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 103 C A R E E R L I B R A R Y manager at another location sees hope for improvement: The firm is just beginning to make a concerted effort to hire African-Americans at the analyst level and is going to historically black colleges to recruit. In the past, the firm recruited race-blind at the Top 15 business schools and sometimes didn t have a chance to interview [minority] students. The firm is definitely focused on improving in this area. A third employee feels, The commitment is there but the numbers are not as high as desired. Good people and other lovely things DiamondClusterites sure love their fellow consultants. Says one insider, You are surrounded by very smart people who are always willing to give you a hand and help you grow. It feels like a big family, having fun doing what we like to do, which is great client work. From Florida: Without question, the quality of the people is what keeps me at the firm. Overall, the people are super-nice, intelligent, and team- oriented. Other favorite aspects of working at DiamondCluster include the fact that consultants in North America can live anywhere in the country; good clients, compelling work; Greater responsibility on smaller teams; and the international environment. The crummy economy, however, gives some insiders pause. A senior consultant says, The consulting industry hasn t been so great lately, we are doing more with less on every client engagement. A colleague agrees, Consulting is not the best place to weather a bad economy. A few employees mention lack of sufficient training as their least favorite factor at DiamondCluster. The final analysis of DiamondCluster by its employees is, in general, positive. Wonderful firm to work for, says one manager. An analyst crows, I would never regret accepting a job with DiamondCluster. I have been able to grow professionally and personally with the help of all of my colleagues while getting great experiences in the field. One New Yorker gives this levelheaded assessment: There is no opportunity cost right now, the market offers nothing better. Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. 2004 Vault Inc. 104 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Di amondCl uster I nternati onal I nc. DiamondClusters culture is one of the top reasons why I joined the firm. DiamondCluster consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 105 C A R E E R L I B R A R Y 2004 Vault Inc. 106 C A R E E R L I B R A R Y Plot No. 44 & 97A, Electronics City Hosur Road, Bangalore 561 229 India Phone: (080) 8520261 Fax: (080) 8520362 www.infosys.com LOCATIONS Bangalore (HQ) Fremont, CA (U.S. HQ) 40 offices worldwide PRACTICE AREAS Consulting and IT Services: Engineering Financial Services Healthcare Manufacturing Retail and Distribution Technology Telecom Transportation Utilities and Energy Product Engineering Services: Aerospace Application Products Architecture, Engineering and Construction Automotive Heavy Engineering Telecom Products Product Solutions: Enterprise Banking THE STATS Employer Type: Public Company Stock Symbol: INFY Stock Exchange: NASDAQ Chairman and Chief Mentor: N.R. Narayana Murthy 2002 Employees: 15,400 2002 Revenue: $753.8 million UPPERS The Microsoft of India DOWNERS Limited brand recognition in the U.S. KEY COMPETITORS Accenture BearingPoint Tata Consultancy Services Wipro EMPLOYMENT CONTACT U.S. Recruitment Infosys Technologies Ltd. 34760 Campus Drive Fremont, CA 94555 Fax: (510) 742-3092 www.infosys.com/careers E-mail: Experienced professionals careers.usa@infy.com Campus hiring campusjobs@infy.com Global internship: intern@infy.com Infosys Technologies Ltd. V A U L T P R E S T I G E R A N K I N G 14 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Strong in networks and machines Offshore outsourcing Technical specialists THE SCOOP Indian agents Infosys Technologies is one of the most influential consultancies in its home nation of India, where a number of foreign firms have been expanding over the past several years. Its influence is not limited to India; Infosys has offices in 15 other countries on five continents, staffed by more than 10,000 Infoscions. In 1981, chairman and CEO ( Chief Mentor ) N.R. Narayana Murthy and six software engineer colleagues founded the firm. By 1987, Infosys had opened its first international office in the U.S., and in 1992 made a successful IPO in India. Further expansion at home, in Europe and in North America enabled it to become the first India-registered company to be listed on NASDAQ in 1999. The Bill Gates of India Murthy s position as the founder and chief executive of a major software and consulting firm, not to mention his status as one of the wealthiest people in his nation, has led more than one commentator to draw analogies to Microsoft s Bill Gates. An article in the San Jose Mercury News from February 2002 used it in a discussion of Murthy s efforts to transform Infosys from a code-writer to a one-stop technology services provider. Like Gates, Murthy launched his company on a shoestring budget in this case, $250 borrowed from his wife, according to a December 2002 article in The Toronto Star discussing his views on corporate governance and his philanthropic leanings. Directing a lawsuit Infosys suffered through mid-2002 and into 2003 under the onus of a sexual harassment suit against a director and board member. Details of the case are slim, but it is known that a former Fremont employee sued Phaneesh Murthy (not to be confused with the CEO) and the company over harassment and wrongful termination. Phaneesh stepped down when the suit was announced. The case was settled in May 2003, though Phaneesh Murthy claims he was an unwilling party to the settlement, and that Infosys settled in the manner it did to retaliate against him for a suit he filed against the firm over allegedly withheld shares of stock. The matter is still developing. Vault Guide to the Top 25 Technology Consulting Firms I nfosys Technol ogi es Ltd. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 107 C A R E E R L I B R A R Y New business Murthy s leadership and emphasis on diversification has kept Infosys healthy throughout the world economic crisis, and the firm is continuing to expand. In April 2002, it launched Progeon, a business process management outsourcing subsidiary, combining its own $5 million investment with a further $20 million from Citigroup. Progeon s board appointed Akshaya Bhargava, formerly of Citibank, CEO and managing director of that subsidiary in November 2002. Of course, Infosys is continuing to focus on its core business through new offerings and partnerships. Recent partners include strategy boutique Concours Group (June 2002) voice and data network provider Avaya (July 2002) and Thailand technology solutions firms Datamat Ltd. and Yip In Tsoi and Co. (November 2002). In January 2003, Infosys extended its existing partnership with MatrixOne to provide product lifecycle management solutions. The firm has opened three new locations in recent months as well. In September 2002, Murthy announced a global development center would be built in Melbourne; the site was completed and opened in November of that year. The island nation of Mauritius became host to a 1,500-seat disaster recovery center in October 2002, completed in January 2003. Also in January 2003, the firm opened a 30-acre center in Hyderabad that can host more than 1,500 Infoscions. Further expansion appears likely; in November 2002, Infosys signed a memo of understanding to acquire 20 acres of land in India s Union Territory of Chandigarh to build a software development center. There is no further word on plans for the 2,400-person facility. GETTING HIRED Multiple personalities Infosys has not one, but five separate career portals on the Web for both experienced hires and college job seekers, one each for the U.S., Canada, India, Europe and the Asia-Pacific region. Each site includes details on campus visits, qualifications, benefits and hiring contacts. Experienced hires have access to a list of open positions, but campus hires do not. The global internship program can also be accessed through any of the regional sites. Vault Guide to the Top 25 Technology Consulting Firms I nfosys Technol ogi es Ltd. 2004 Vault Inc. 108 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms I nfosys Technol ogi es Ltd. Infosys has offices in 15 other countries on five continents, staffed by more than 10,000 Infoscions. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 109 C A R E E R L I B R A R Y 2004 Vault Inc. 110 C A R E E R L I B R A R Y 4050 Legato Road Fairfax, VA 22033 Phone: (703) 267-8000 Fax: (703) 267-5073 www.ams.com LOCATIONS Fairfax, VA (HQ) 51 offices worldwide PRACTICE AREAS Acquisition Business Solutions Business Intelligence & Data Warehousing Business Process Renewal Change Management & Organizational Development Customer Relationship Management e-Business Engagement Management Homeland Security Imaging & Workflow Information Security Integrated Learning Solutions Knowledge Management Procurement System Development & IT Management Systems Integration Technology Hosting Services THE STATS Employer Type: Public Company Stock Symbol: AMSY Stock Exchange: Nasdaq Chairman and CEO: Alfred T. Mockett 2003 Employees: 6,800 2002 Employees: 6,300 2002 Revenue: $986.7 million UPPERS Flexible time and work policies DOWNERS Economy has slowed promotions KEY COMPETITORS Accenture BearingPoint IBM Global Services EMPLOYMENT CONTACT www.ams.com/career American Management Systems V A U L T P R E S T I G E R A N K I N G 15 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Good at financial systems Boring government work Flexible, accomodating Not sure what they do THE SCOOP In the beginning American Management Systems (AMS) was founded in 1970 by five of Robert McNamara s so-called whiz kids (McNamara, of course, was Defense Secretary to presidents Kennedy and Johnson). The founders used their Pentagon rolodexes to raise money and enroll clients, and eked out a $15,000 profit during the company s first year. AMS went public in 1979, and its revenue shot up during the dot-com boom through the 1990s (during that decade, earnings grew by 26 percent a year, on average). This decade, growth has been less stellar. Cost-cutting measures were implemented in the new millennium, including laying off 10 percent of AMS employees in 2001. The following year saw AMS report lower revenues but higher profits, suggesting its cost-cutting measures were effective. This is the matrix AMS is organized into units that focus on three target markets: telecommunications, financial services and the public sector. Historically, these groups have been called silo industries because of their relatively independent status each business unit has full profit-and-loss responsibility for its industry area. In 2002, AMS introduced a tweaked organizational system its 3 x 3 matrix. Within each of the three aforementioned sectors, there are three service lines: managed services, enterprise integration, and innovation and transformation. Units coordinate on certain projects as necessary. Additionally, the management team in each unit is responsible for planning, marketing, selling, researching and consulting within its specific area though the units may draw upon overall corporate resources. Contract workers AMS has a technology focus that offers business consulting, systems integration and development, and outsourcing. And its Pentagon contacts continue to serve it well about half of the firm s sales are to government entities (federal, state and local) in the U.S. and Canada. The Navy and Department of Defense are particularly stalwart clients. AMS landed a lucrative $25.2 million, 29-month contract from the Massachusetts comptrollers office in 2002. The firm will develop a Web-based financial Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 111 C A R E E R L I B R A R Y management system for the state. In June 2002, Wyoming gave AMS a $4.8 million, 36-month contract to host certain state payroll and accounting services. And three contracts worth $5.7 million total, for Prince William County Schools, Va., Palm Beach County, Fla., and Cobb County, Ga., were awarded in February 2003; AMS will install its enterprise-resource planning software for these clients. Iowa also seems to be a fan of AMS ERP system, awarding the company a $9.4 million, 31- month contract in October 2002. Also, the New York City Department of Finance inked a $156 million, seven-year deal in November 2002 for AMS to run its parking- violation processing system. Closing doors The last of the whiz kid founders left the company in 2002. Frank Nicolai and Patrick Gross stepped down from the board, thus marking an almost complete turnover in upper management between 2000 and 2002. The former founders have done well: Ivan Selin was appointed Undersecretary of State for Management in 1989, and Charles O. Rossotti became Commissioner of the Internal Revenue Service in 1997. Nicolai and Gross will continue to consult for AMS, as will Bill Purdy, who had been with the company for 25 years, most recently as president and COO. Purdy resigned at the end of 2002. Hot seats A Mississippi contract dispute almost cost the company several hundred million dollars. AMS had been contracted to develop and install a tax-processing system for the state, at a price tag of $30 million. When the firm missed the deadline, the state sued for $234 million, and when the guilty verdict was handed down in August 2000 the court tacked on an extra $240 million in punitive damages. The two sides eventually reached a settlement whereby the firm would only pay $185 million. The company then went back to court to get its insurer, National Union Fire Insurance Co., to cough up $43 million to help cover the amount. After two more years of litigation, the insurer agreed to pay in October 2002. In Utah, tax agencies convinced the state legislature to allot $34 million over seven years to upgrade the tax agency s collection and tracking system, which AMS would help provide. The redesigned system would generate an additional $20 million a year in revenue, the agency said. However, auditors told the legislature in 2003 that the investment yielded less than one-fifth of the promised return, to Utah s displeasure. Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems 2004 Vault Inc. 112 C A R E E R L I B R A R Y One distraction is out of AMS s way. Roger Mehle, a former director of the Thrift Investment Board, which runs the 401(k)-style savings plan for federal workers, took legal action against the firm. The board had been working with AMS to get a new computer system. In 2002, it fired AMS because of alleged delays and cost overruns. In January 2003, Mehle filed a class action lawsuit against four members of the new Thrift board which is stocked with President Bush appointees charging they ousted a Clinton appointee in order to gain control over the Mehle v. American Management Systems suit. Their motivation, Mehle argues, was to assuage Bush s Justice Department, which wanted the suit dismissed. The case was finally settled in June 2003. AMS CEO Alfred Mockett was quoted as saying that resolving the case was fundamental to the vitality of [AMS.] The legal process could have taken up to another five years, resulting in continued distraction and unnecessary costs to the business. Mocketts rocket Aformer British Telecom executive named Alfred Mockett, brought in by co-founder Gross, is at the helm of AMS. He is the first outsider to run the firm before him promotion to the top position had been from within. It was and is Mockett s task to maintain the company s reputation and profits in the face of the tech downturn. Mockett has made a number of changes at AMS, including adding a 100-person commission-based sales force, combining the technology of various business units under one central office and narrowing the focus to industries where AMS can be a dominant player. He also sold the firm s utilities practice to Wipro, an Indian technology company, for $26 million, and has indicated he may sell off more units. Changing the portfolio AMS acquired Proponix, an outsourcing company for banks, in November 2002. And the firm also bought the technology assets of Quintessent Communications, a defunct Seattle software company, for an undisclosed amount in the beginning of 2003. The company subcontracted work to 12 former Quintessent employees, and signed up four of Quintessent s 12 customers by January 2003. Awards podium AMS has garnered a number of accolades in the past two years. The Washington Post placed it second on its list of top IT companies and 18th on its list of the top 125 Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 113 C A R E E R L I B R A R Y public companies, both in April 2003. Consultants News ranked AMS 18th on its Top 50 Management Consultants list (June 2002), and it just made 2002 s Fortune 1000 ranking, coming in at number 998. In the past, the company has also won spots on Consulting magazine s list of the best firms to work for, and on Management Consultant Internationals Top Global Consultants list. Americans management systems abroad Instability in European telecommunications businesses has contributed to a significant decline in revenue from the firm s international business since 2001, but AMS shows no sign of retreating from its international outlook. It boasts a client roster that includes 47 of the world s top 50 banks and helped launch six of Europe s 10 wireless networks. The firm began expanding in Europe in 1992 in anticipation of the liberalizing effects of the end of the Cold War and the looming integration of Western European markets. AMS efforts in the AsiaPacific region are concentrated in Australia. The firm has a regional headquarters in Sydney, which works primarily with companies in Australia and New Zealand. GETTING HIRED Mellow but speedy interviews AMS relays information detailing its hiring practices on its web site (www.ams.com/career) and recruits on some college campuses, in addition to accepting resumes for open jobs, which are also posted on its site. A few sets of interviews follow an initial screening, Says one interview veteran, There are generally two to three rounds of interviews that take place. The first interview is either a campus interview (for college hires) or a phone interview (for experienced hires). In the second round of interviews you get to meet with three to four consultants with different areas of expertise (i.e. technical, functional, project managers, etc.) This gives you the chance to get several different perspectives of what the organization is like and the dynamics of the group. They ask questions related to your prior work history, experience/knowledge in specific subject matters, goals, and other questions related to the role you are interviewing for. The recruiter had great follow-up and decisions were made very quickly. Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems 2004 Vault Inc. 114 C A R E E R L I B R A R Y Several respondents praised the hiring procedure. The recruiters are your first point of contact and they are excellent in working you through the process. The interviewers were organized in their questions and really wanted to get to know me and know how I could add value to the organization. It was a relaxed interview in which you feel very comfortable sharing your experience and qualifications, reports one source. Another source also found the AMS interview surprisingly low-key: I was surprised at the relative casualness of the interviews given the seniority of my interviewers. It felt like I was having more of a conversation with an acquaintance, rather than actually being interviewed. A business analyst reports, I interviewed with about four or five people and was actually a little taken aback at first when I saw that the interview schedule consumed my whole morning, but it went by very quickly and seemed to be painless as far as interviews go. I interviewed with the business area manager, my unit manager, a peer, another person within the organization and not directly on my team, and a recruiter. They asked me questions about my past work experience and how I had handled certain situations that had come up. I left the interview with a very positive feeling and was extended an offer the evening of the same day I interviewed. The process was quick and the recruiters were very professional and followed up on all my questions. OUR SURVEY SAYS Supportive setup The best thing about AMS has got to be the corporate culture, declares one source, an assessment with which other respondents seem to agree. The atmosphere is a bit more relaxed than other consulting firms but very professional. While the corporate culture is going through many changes such as evaluating how to keep clients, how to gain new clients, how to retain employees, etc., there seem to be a lot of happy employees: AMS is, by far, the best company for which I have worked. The company has very high ethical standards and a good reputation which makes me proud to say that I work here, says one consultant. AMSers feel notable affection toward their co-workers. The people at AMS are what keep me looking forward to coming into work every day. My co-workers are my friends inside and outside of work, says a source. Working at AMS has always been a good experience. AMS employees are hard working and team oriented, Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 115 C A R E E R L I B R A R Y reports an insider. Part of the reason that I stay at AMS is that I feel as though my co-workers and I have common goals one person doesn t look good when another looks bad, it s all about having the whole team look good. Another consultant echoes, There s room for everyone to have success and grow, so it s not a kill or be killed kind of place. Adds a third source, [AMS consultants] work hard and they are very intelligent. But they re not cutthroat and political. So I trust my co-workers and enjoy working with them. Flex and bend The company is said to be very flexible with each individual s needs. That stretches from hours to work plans. AMS has a flex-time policy, and I take full advantage of this by avoiding morning rush hour most days. I m able to come into work later in the morning, and work later into the evening, says one source. A principal was able to work out a part-time work arrangement given my tenure and performance with AMS this is something that I appreciate immensely, and certainly something that will help keep me at AMS. Standard work hours are 9 to 6, says one source. Another source, working at a client site, reports 9 to 5 hours. However, a third source characterizes AMS as requiring quite long hours. Changes happy and sad At AMS, there is definitely a focus on career development and the ability to work in all areas of the company. Promotion standards have changed in the past year, says one insider, and given the company s rollout of the new balanced scorecard and performance metrics, I see many opportunities for advancement and more formalized career meetings with my managers. Yet not all changes have been positive. One consultant reports that the economy has taken its toll. About two years ago, the opportunities for advancement were unlimited; due to the slump in these industries, the opportunities for advancement have dried up, the consultant assesses. While one consultant says, I ve gotten more responsibility here at AMS in these last two years than I had gotten in my six-year career path, another cautions that promotions at AMS don t come easily. I have advanced significantly in my career since coming to AMS, but I have also worked for it don t expect salary increases to be handed to you on a silver platter, the source says. Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems 2004 Vault Inc. 116 C A R E E R L I B R A R Y Helping out Managers are praised for their open door policy and helpfulness. Most folks on my team have a very good relationship with our manager, says one source. She is very approachable and meets with us regularly. She values our input and is willing to accept constructive criticism. She actually encourages it! Another source says, The flexibility and trust the management gives me allows me to do my job in many creative ways, not in cookie-cutter fashion. Pay package Salaries at AMS are said to be at least in line with the market. A consultant reports that upon being hired, my salary package was very competitive with other students in my major. I have received two off-cycle raises since joining the company, in addition to annual salary increases. Says another source, My salary package currently is much better than most of my friends in similar positions. I have been consistently given performance reviews, merit increases as well as cost of living increases. Bonuses are given based on individual and company performance. One source assesses, AMS has always paid competitively in the market. Even with the downturn in the economy, AMS has not had to stop performance pay increases or even slash salaries. Overall, AMS seems to fall in the higher range, but is not over the top, dollar-wise. There are other perks, too. As soon as you join AMS, you have the opportunity to purchase company stock at 15 percent off the fair market price. All employees start with three weeks of vacation, and get additional vacation from overtime hours I work that convert into vacation time (comp time). That is an awesome benefit for those weeks that you end up burning the midnight oil. Also, paid extended leave/sabbaticals are available at certain points of your career. Vault Guide to the Top 25 Technology Consulting Firms Ameri can Management Systems Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 117 C A R E E R L I B R A R Y 2004 Vault Inc. 118 C A R E E R L I B R A R Y 123 Buckingham Palace Road London, UK SW1W 9SR Phone: +44 20 7730 9000 Fax: +44 20 7333 5050 www.paconsulting.com LOCATIONS London (HQ) Boulder, CO Cambridge, MA Chicago, IL Houston, TX Los Angeles, CA Madison, WI New York, NY Princeton, NJ Washington, DC Arhus, Denmark Cambridge Beijing Belfast Birmingham Buenos Aires Copenhagen Dublin Frankfurt Glasgow Helsinki Hong Kong Jakarta Kuala Lumpur Lysaker, Norway Manchester Melbourne Moscow Munich Paris Prague Stockholm Sydney Tokyo Utrecht, the Netherlands Wellington, New Zealand PRACTICE AREAS Decision Sciences Enterprise-wide Solutions Information Systems Implementation IT Infrastructure IT Management IT Strategy THE STATS Employer Type: Private Company CEO and Chairman: Jon Moynihan 2003 Employees: 3,300 2002 Employees: 3,300 2002 Revenue: $548.1 million UPPERS Fast-paced, challenging assignments Limited layoffs Intelligent, fun-loving coworkers DOWNERS Constant travel Consultants expected to sell work Lack of projects due to the economy KEY COMPETITORS Accenture Cap Gemini Ernst & Young IBM Global Services McKinsey & Company EMPLOYMENT CONTACT Americas: Julie Davern PA Consulting Group 315A Enterprise Drive Plainsboro, NJ 08536 Fax: (609) 936 8811 E-mail: julie.davern@paconsulting.com PA Consulting Group V A U L T P R E S T I G E R A N K I N G 16 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Strong in public sector Tied to very specific industries Better than big 5 Students consulting group THE SCOOP London calling PA Consulting Group is one of the biggest names in the British consulting world. Based in London, it s just starting to make its presence known in the U.S. The firm manages projects from e-business systems to consumer-products designs, and focuses on implementing not just proposing solutions. We do fascinating work that is both appreciated and used by clients (tactical work, [in addition to] pure strategy work), says one source. Tech-savvy With about 3,300 employees in 40 offices worldwide, PA Consulting Group (PA) is the world s largest employee-owned practice. Founded in the U.K. in 1943, the firm stepped up its U.S. presence with the October 2000 purchase of Hagler Bailly, Inc. for approximately $96 million, acquiring about 600 consultants in over 10 additional offices across North America. (Still, one PA source reports that the lack of a brand in the U.S. is making it extremely difficult to sell work. ) And while a potential merger with fellow consultancy Arthur D. Little fell through in January 2001, PAsays that it s still aiming to build its presence in the United States. Twenty-eight percent of PA Consulting s revenue comes from its IT work, which includes advising on strategy, management, outsourcing, choosing, building and implementing infrastructure, systems solutions and decision systems. PA also publishes papers and journals on IT, including surveys on issues for CIOs and Agenda, an update on news and developments in the business IT world. And the award goes to PAs work has received a number of accolades lately. At the sixth annual Management Consultancies Association s Best Management Practice Awards in 2002, PA won three top awards more than any other consultancy for its work for Siemens VDO Automotive (production and services management), Barclays Bank (HR) and the United Kingdom s Government s Youth Justice Board (strategy and business transformation). . It also won citations for its work with telecom provider Orange, and on digital-TV strategy with the Hong Kong government. In March 2002, it was named to the Sunday Times (London) 100 Best U.K. Companies to Work for, ranking third for fairest promotion process and 10th for fairest pay. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 119 C A R E E R L I B R A R Y GETTING HIRED Going the extra mile (or kilometer) PAs recruitment process is quite lengthy and somewhat cumbersome, report our sources. Recruitment begins through universities, referrals from staff and recruitment agencies. Unlike at many consulting firms, attending the top schools isn t of utmost importance. The belief here is that there are good people coming from all sorts of universities. And there s a relatively small intake from the graduate milk round (about 2 to 5 percent new graduate recruits per annum). Most recruitment is from industry and occasionally other consultancies. Referrals whether by headhunter or employee are key. For experienced hires, the process might go as one source describes: First, they will review your CV to assess whether you will be suitable for any department in the company. If you are suitable, you will be invited for a half-day assessment. You will complete some tests and have a conversation with someone from HR. This assessment gives the company an opportunity to confirm your skills, experience and attitude. It is also a chance for you to learn more about the company. If the company still believes you are suitable, you will be invited for a one-day assessment, involving more tests and interviews with senior partners. If your application is successful, they will inform you within 24 hours. The paperwork afterwards is very efficient and quick. All applicants undergo a battery of tests: numeric and [verbal reasoning] tests, psychometric tests and competency-based interviewing, and candidates are scored against PA competencies which are collated and normalized. Case studies are occasionally used, where you have to read about a problem, propose a solution and persuade the audience that yours was the best course of action. To make the cut, part of the process is about endurance and testing whether candidates will go the extra mile. Also, quality is king any doubts results in rejection; so we lose a lot of good candidates. They rarely look for qualifications alone, mainly on personality and achievements (work, academic or otherwise). The question they ask themselves at the interview is, Can we sell this person? PAs internships are not plentiful but those who have had internships have been very positive about their experience. They are given real tasks and stretched wherever possible definitely not used as photocopying assistants. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group 2004 Vault Inc. 120 C A R E E R L I B R A R Y OUR SURVEY SAYS Independent individuals PAs IT consulting division seems to be supportive of individualism and managed with very clear performance targets. Consultants praise the hard-working and supportive yet competitive, highly-wired professional co-workers. It s a culture where everybody expects a lot of each other, reveals one source. A non- competitive meritocracy with absolute clarity of purpose and focus on clients is how another describes it. It s a culture where the individual reigns, according to our sources. As one says, There s a strong emphasis on the role of the individual in delivering their potential. The firm s excellent integrity is also roundly praised. We have clear values and people really stick to them, says an insider. Another says there s pride in the PA way. That said, many consultants have noticed a rise in bureaucracy at the firm. The company culture has undergone a shift in the last couple of years. Much of the openness and meritocracy that did exist has been subsumed by a more bureaucratic system that is less transparent. This also now varies considerably between practices, which does not make for a coherent culture, says one source. A hard sell PA consultants should be good salespeople too. The partners are all sales focused, and spend very little time managing the firm, says a source, and predatory individualistic behavior is rewarded over group outcomes You re expected to develop relationships with clients and then sell yourself and others to the client, explains an employee. Each IT team is like a separate firm directly in competition on some bids, opines another. On the road again and again Travel at PA often extended is seen as the norm. A few examples from our surveyees: Recently I was requested to work on assignment. The travel arrangements are three weeks out, one weekend back, three weeks out. This mode of operation for a senior consultant who has a young family is sufficiently disruptive, especially when these assignments are typically six months in duration. Another IT consultant remarks: Global staffing for projects led to working away from home for three years in a row. Estimates yet another insider, On average I take about 100+ Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 121 C A R E E R L I B R A R Y flights a year and spend about 200 nights a year in hotels and this has been typical for the last 10 years. Your social life is what you make it when you are living away from home, whether in the company of colleagues from your office or others or by yourself. These comments seem quite typical for IT consultants at the firm. Summarizes one insider: Unless you re London-based, you can expect to spend a considerable amount of your time away from home. In four and a half years I have had one four-month assignment [in which] I could go home every night. Ticket, please Consultants report that travel requirements have been accelerating. Working at the company demands availability for worldwide travel still, those who can get work take it. On the upside, a handful report that PAdoes allow for preferences for travel to be set, and seeks to take those into account when selecting consultants for jobs requiring travel. When at home or not on assignment, life isn t exactly leisure time, for consultants are required to deliver a lot of internal work. The need to continue with internal work while consulting full time for clients is a particular problem, notes one insider. The firm s tendency to set high targets for fee-earning work, but measure readiness for promotion based on non-fee earning work, makes staff feel pressured to work evenings and weekends if they want to get ahead, notes one work that includes working on papers and presentations helping to further the company. Hours tend to run between 45 on the low end, and 60 to 80 on the high end. One is expected to pull out the stops, if required, at the drop of a hat. To balance this, however, one does have very flexible working arrangements when one is off the clock. If hours are too long, it is more the consultant s role to address this, rather than waiting for managers to take action. Self-management PA consultants note the individualistic nature of PA careers. It is left to the individual to manage oneself. Consultants are split on the strength of management. Some note the high quality of its line managers, calling top brass fair, open and honest, top-notch management who are focused on quality but do not lose sight of the individual, amongst the most intelligent, motivated and friendly people I have ever met. Others are more critical. There s a typically British lack of formal management training, which can be a bit off-putting to people who come from cultures with a stronger emphasis on personnel management skills, notes one. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group 2004 Vault Inc. 122 C A R E E R L I B R A R Y Most of them are very bad at coaching and feedback. It is difficult to know what one needs to do to get promoted as it keeps changing every six months, opines another. A few note that the managers are not necessarily qualified for the people part of their job: People get promoted to senior positions because of their sales skills. They then get given line management responsibility, which they are not good at. Functional offices Offices in most locations are arranged according to a hot-desk policy, which works well if there are not many people without an assignment. However, with the tough market, the last 18 months have seen a surge of people being in the office, resulting in no desk at times. There s a premium on desk space, the somewhat cramped surroundings can be hard to concentrate in, and the quality of desk seating not high the majority of consulting staff is expected to work at hot desks which lack screens and keyboards, making IT work quite unpleasant. Happily, though, partners share the same work areas. The office space seems to strike a nice balance between being functional for business and modern and clean, but without being luxurious, good, for unnecessary luxury means less money in my bonus packet. The view over Sydney harbor in Australia is lauded, and recent improvements at the London HQ give a range of work and meeting areas. The L.A. office is called large, dark, mostly empty. Bonus time PAs model is that pay is relatively low but bonuses are meant to be high; however, bonuses have taken a little bit of a beating along with the economy. My bonus has halved every year, reports one source. Salaries are relatively low, and the graduate package is sold on the fact that bonuses (performance related) will make up the difference. An estimated bonus for your first year is given when you join to give an idea of what you might earn in the first year this is an extremely optimistic view. Additionally, should the company have a bad year, you are left quite short (and as an analyst, there is little you can do in terms of influencing sales), notes another. Many consultants report a bonus range of about 20 to 80 percent of their salaries; for partners the bonus can be more than their base salaries, while for junior levels the maximum would be about 50 percet with 15 to 25 percent more usual during a good year. Sums up one, In a good year, bonuses can be respectable, but it s not a strong payer by United States standards. And there s been no pay raise in three years. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 123 C A R E E R L I B R A R Y However, the firm has thus far avoided mass layoffs so far the firm offers some job security for all but the most senior poor performers. Interest-free loans are offered to consultants to purchase shares in the company, and the share price has risen every year since inception. A company car is often provided, and there s a gym at some locations, cell phone usually provided, a laptop and standard health insurance. Training days A number of days have been allocated for training each year. We are expected to use this, says a source. The days hover between five and eight, our surveyees say. Initial training gets high marks: The five weeks grad training was excellent, a handful agree. Beyond that, though, training in technical specialties is limited and external training is rarely paid for, although we may be sold as experts in particular commercial products which we are not trained in. No MBA necessary The meritocratic system at PA, where management is entirely dependent on readiness for promotion there are no barriers, gets high marks. If you are enthusiastic and work the network, you can progress very quickly, says an insider. Though this can lead to a system of promotion informally based on who you know and who your buddies are, most say promotion is based on performance on the field: Anyone can make it to partner as long as they consistently get sold on client assignments, score well on those assignments and contribute to internal projects and thought leadership. A post-grad degree isn t necessary; Indeed, there are very senior figures within the company who have no undergraduate degree. Says one MBA-holder, MBAs are not really valued, although this is not communicated externally; another source agrees, an MBA per se earns little respect within the PA community. Another appealing aspect, consultants say, is that there is a structured career path for people who do not want to make partner. So while most can expect to advance after one to three years in a position, people can stop at any level as long as they continue to perform at that level. One insider cautions, When joining, its important you re happy with your initial rank: better don t rely on suggestions for early promotion opportunities. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group 2004 Vault Inc. 124 C A R E E R L I B R A R Y Mom culture Reviews of the company s attitude toward women are mixed. Many note there s little concession to working mothers they are subject to the same travel requirements, etc., as the general consultants. Women at the top are rare, and the lack of female partners is probably a reflection of how women should get special disposition for common out of work commitments and family life they don t get these special dispositions. Originally PA was an old-boys club and today, the IT consulting departments are mainly male based and although there are a large number of women working for the company, they are in the minority. That can make for a bit of a lad culture. Fair play With regard to minorities, PAs offices seem to differ greatly by locale. PA has the greatest cultural diversity of any company or client in which I have worked, says one consultant; a Los Angeles-based source says, We are like a mini United Nations here. However, a New York consultant says There is no diversity in this company, and a source says his office is majority British. Treatment of homosexuals seems a non-issue; sexuality is considered a private matter and is not discussed, says a source. One gay man sums up his experience: PA does not discriminate on the basis of sexual orientation. This does not mean, however, that it is always easy. On client assignments, it can be difficult having to constantly readjust to a new client culture with the possibility of having to come out time and time again. There are still significant areas of discrimination in terms of the law such as superannuation and death benefits, but PA adheres strictly to local practices. It could be doing better at advocating equal rights for all employees, however. Vault Guide to the Top 25 Technology Consulting Firms PA Consul ti ng Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 125 C A R E E R L I B R A R Y 2004 Vault Inc. 126 C A R E E R L I B R A R Y One Telcordia Drive Piscataway, NJ 08854-4157 Phone: (732) 699-2000 www.telcordia.com LOCATIONS Piscataway, NJ (HQ) 36 offices worldwide PRACTICE AREAS Applied Research Consulting and Engineering Learning Services Network Systems Operations Support Services THE STATS Employer Type: Subsidiary of SAIC CEO: Matthew J. Desch 2003 Revenue: $1,083.6 billion (SAIC) UPPERS Strong reputation in telecom DOWNERS Can be dreary technical work KEY COMPETITORS Accenture Cap Gemini Ernst & Young Deloitte Syntegra EMPLOYMENT CONTACT E-mail: jobs@telcordia.com www.telcordia.com/careers Telcordia Technologies V A U L T P R E S T I G E R A N K I N G 17 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Project management strength Technical but unglamorous Friendly, easy to work with Competent IT support THE SCOOP Dialing for dollars Telcordia maintains a fleet of developers and consultants to help telecom firms earn more money, become more flexible and whittle down their operations. Clients run the gamut of the communications industry, from cable operators to wireless service companies, from voice networks to IP networks. Back in the day, the firm was a house of technical know-how for the regional Bell companies, developing software that they and their competitors-came to rely on. In fact, 80 percent of today s U.S. telecom network depends on software invented, developed, implemented, or maintained by Telcordia, the company notes. In 1997, employee-owned engineering company SAIC (Science Applications International Corporation) acquired Telcordia, which now operates as a SAIC subidiary under the name Telcordia Technologies. Little Telcordias Telcordia Technologies, in turn, has a number of its own subsidiaries: Telcordia Venture Capital Corporation, which invests in early-stage telecom-related companies; InterConnect Communications, a management-consulting firm specializing in telecoms out of Chepstow, Wales; Mesa Solutions, which handles systems integration for electric, gas and telecom concerns; Rsoft Design Group, which offers network design tools like wireless network design or optical communication simulation for clients; Telelogue, which works on speech-recognition software; Tellium, which makes optical switches; and a number of other companies in which Telcordia holds a minority stake. Telcordia s main services include applied research, which involves providing research on telecom issues and developments for the government and companies, conducting test cases to see how dependable networks are, running a Geospatial Information Filtering System that accesses NASA data; running its NetSizer that pinpoints the daily size of the Internet; and building and maintaining a number of other tools. Another practice area, consulting and engineering services, involves developing, implementing and maintaining networks. Learning Services provides online training see www.800teachme.com. Network systems (making software) and operations support systems round out the firm s offerings. The company also Vault Guide to the Top 25 Technology Consulting Firms Tel cori da Technol ogi es Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 127 C A R E E R L I B R A R Y makes software in the cable, DSL, managed IP, mobility, next generation network, number portability, and telecom B2B areas. GETTING HIRED Finding and keeping new Telcordians The company lists jobs online at www.telcordia.com (click on careers), and asks applicants to submit resumes online at www.telcordia.com/careers/sub_resume.html. Candidates may also e-mail jobs@telcordia.com. The company also offers summer internships, also outlined in the careers area of the web site. In 2003, the firm conducted on-campus recruiting at NJIT, Rochester Institute of Technology, Penn State, Rutgers and the Stevens Institute of Technology. Telcordian benefits include flex spending, shares in the company, insurance (medical, dental, life and disability), tuition assistance, flexible working arrangements, and more. Employees can also expect to be taught subjects like technology and management through Telcordia Learning Services, which offers both online and classroom (at some Telcordia locations) training. Vault Guide to the Top 25 Technology Consulting Firms Tel cori da Technol ogi es 2004 Vault Inc. 128 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Tel cori da Technol ogi es In 2003, the firm conducted on-campus recruiting at NJIT, Rochester Institute of Technology, Penn State, Rutgers and the Stevens Institute of Technology. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 129 C A R E E R L I B R A R Y 2004 Vault Inc. 130 C A R E E R L I B R A R Y Doddakannelli, Sarjapur Road Bangalore, Karnataka 560035 India Phone: +91(80) 844 0011 Fax: +91(80) 844 0056 www.wipro.com LOCATIONS Bangalore (HQ) 42 offices worldwide PRACTICE AREAS Business Process Outsourcing Product Design Services IT SERVICES Application Development and Maintenance IT Infrastructure Outsourcing Package Implementation Systems Integration Total Outsourcing THE STATS Employer Type: Public Company Stock Symbol: WIT Stock Exchange: NYSE Chairman and Managing Director: Azim H. Premji 2002 Employees: 18,000 2002 Revenue: $695.9 million UPPERS Global presence Well-known leader DOWNERS No brand recognition in the West Competition heating up among Indian IT firms KEY COMPETITORS Computer Sciences Corporation IBM Global Services Infosys Technologies Tata Consulting Services EMPLOYMENT CONTACT careers.wipro.com Wipro Ltd. V A U L T P R E S T I G E R A N K I N G 18 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Conscientious, attention to detail, logical Offshore outsourcing High risk but good THE SCOOP Real pros Wipro is a full-service technology company with a 20-year history in IT consulting, engineering and systems integration. Founded in 1945 as (of all things) a cooking- oil manufacturer, the firm diversified into IT with a license from Sentinel Computer Corp. in 1980. Since then, Wipro has grown into a 30-office mover and shaker, employing more than 24,000 professionals and earning $736 million in revenue in 2002. The firm ranked as the No. 7 software services firm on BusinessWeek s Infotech 100 in November 2002. But the firm has more to offer than IT consulting and outsourcing. In a nod to its roots, Wipro also has a number of units devoted to production. A lively consumer business makes everything from soap to light bulbs (and good old cooking oil), while other groups manufacture hydraulic components, medical devices and lab instruments. But high-tech is Wipro s bread and butter the consumer business brought in just 9 percent of the firm s revenue in 2002, for example. Mogul The company s chairman, Azim Premji, is responsible for making Wipro what it is today. He quit Stanford University s engineering program in 1968 to take over the business (then Western Indian Vegetable Products) when his father died, and has led the company to profit and glory ever since. He is one of the richest and most influential people in the world, let alone India, with a 75 percent stake in the company giving him a personal net worth of over $30 billion. He has also been dubbed the Bill Gates of India as has the head of rival tech firm Infosys, N.R. Narayana Murthy, and a few other people as well. Apparently, it s a popular term. Serving the best with the best Wipro has a client list of prestigious global corporations, including NCR, Microsoft, Boeing, Toshiba, Ericsson and numerous others, 50 of which are Fortune 500 companies. Projects for these customers have led Wipro to a number of accolades in addition to its slot in the Infotech 100 mentioned previously. Dataquest named the firm one of the top three employers in Indian IT for 2002. The company also garnered KMWorld s KM Reality Award for 2002 for outstanding knowledge management practices and processes. The Wipro web site picked up a fistful of Vault Guide to the Top 25 Technology Consulting Firms Wi pro Ltd. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 131 C A R E E R L I B R A R Y international Web awards. Wipro also stands out as the world s first PCMM and CMMi version 1.1 Level 5 certified company, SEI CMM Level 5 certified software services company and TL 9000 certified software services company. An acquisitive nature In just the past year, Wipro has made a number of key acquisitions. It bought GE Medical Systems Information Technologies Private Ltd. completely in July 2002. The $5.73 million deal expands Wipro s ability to serve the software needs of hospitals and other medical concerns throughout India and the Middle East, with benefits spilling over into other regions. In July 2002, Wipro acquired Spectramind e-Services Private Limited, a BPO provider. The purchase helped Wipro become a BPO player. In November 2002, the firm acquired the global energy practice of consultancy American Management Systems for $26 million in cash. The practice employs nearly 100 experts and consultants in Europe and the U.S., currently performing 15 engagements across a broad range of energy businesses, including investor-owned utilities and public power transmission companies. Wipro announced in April 2003 that it would acquire NerveWire Inc., a business and IT consulting firm based in Massachusetts with more than 20 active engagements in collaborative commerce and integration. The $18.7 million cash deal was completed at the end of June 2003, with the resulting unit now called Wipro NerveWire. Wipro hopes to expand its presence in the U.S. as well as its depth in financial services through the acquisition of this firm and its 90 consultants. Constructive engagement The firm doesn t just get new business by buying out other companies, however. Wipro picked up or completed a number of contracts in 2002 and 2003 as well. In August 2002, the company gained a contract to develop a new business processing and policy administration system for CNA Life, an insurance division of CNA Financial Corp. In November 2002, Lehman Brothers entered into a contract with Wipro to set up a dedicated offshore development center. In December 2002, Wipro was chosen for a major real estate project by CIDCO (City and Industrial Development Corporation of Maharashtra Ltd.), an agency of the Indian government. The firm will implement ERP and geographical information system solutions for CIDCO, as well as customer management, data warehousing and Vault Guide to the Top 25 Technology Consulting Firms Wi pro Ltd. 2004 Vault Inc. 132 C A R E E R L I B R A R Y human resources systems as part of the agency s drive to transform Mumbai into a choice destination for IT companies. Also in December 2002, the firm announced it had completed another phase of a major technology initiative for the New York Stock Exchange (NYSE), the first of which was completed in July of that year. The listed company administration (LCA) project uses Java based technology to help streamline listing processes and monitor the eligibility criteria for companies listing on the NYSE. Wipro won a large systems-integration contract with TeliaSonera, a joint venture between two leading European wireless telecom providers, in April 2003. According to Wipro s release, the firm will be the prime systems integrator providing an end- to-end integrated OSS platform for TeliaSonera and will encompass network inventory, service activation, cross domain management and provisioning. Wipro will also be responsible for architectural realization, technology road map, implementation and systems integration, maintenance and vendor management. GETTING HIRED Becoming a Wiproite Wipro encourages career seekers and experienced workers alike to register at the company s careers page, which can be found at careers.wipro.com.. The site includes a basic FAQ, details on benefits, locations and career path, a campus visit request system and a number of job search tools, including a rolling list of recently announced openings. Free registration provides access to job alerts, newsletters and the ability to store, update and send your resume directly. Vault Guide to the Top 25 Technology Consulting Firms Wi pro Ltd. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 133 C A R E E R L I B R A R Y 2004 Vault Inc. 134 C A R E E R L I B R A R Y Air India Building 11th Floor Nariman Point, Mumbai 400021 India Phone: +91 22 5668 9999 Fax: +91 22 2204 0711 www.tcs.com U.S. HQ: 101 Park Avenue, 26th Floor New York, NY 10178 Phone: (212) 557-8038 Fax: (212) 867-8652 LOCATIONS Mumbai, India (HQ) New York, NY (U.S. HQ) 102 offices worldwide PRACTICE AREAS Application Development and Maintenance Architecture and Technology Consulting eBusiness eSecurity Engineering Services Infrastructure Development and Management Large Projects Quality Consulting THE STATS Employer Type: Private Company CEO: Subramaniam Ramadorai 2003 Employees: 24,000 2002 Employees: 20,000 2003 Revenue: $1.04 billion 2002 Revenue: $880 million UPPERS International exposure Excellent training DOWNERS Relatively low pay Lengthy service contract KEY COMPETITORS Infosys Wipro EMPLOYMENT CONTACT Bernadette (Bernie) Borrello Senior Human Resources Executive, TCS America 111 Wood Ave. South Second Floor Iselin, NJ 08830 Phone: (732) 321-9369 E-mail: bernadette@usa-tcs.com General employment e-mail: recruit@usa-tcs.com Tata Consultancy Services V A U L T P R E S T I G E R A N K I N G 19 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Rising star, strange name Cheap, service-provider High quality Code pusher THE SCOOP Titanic Tata The current era of technology consulting features a number of firms popping up in Asia, specifically India. However, one of the biggest and most successful of the Indian IT firms has been around since 1968. Tata Consultancy Services (TCS), based in Mumbai, serves clients in 55 countries and is the first Indian software firm to surpass $1 billion in revenue, as reported in June 2003. The firm is a wholly owned subsidiary of Tata Sons, the holding company for Tata Group, an $11 billion conglomerate owned, not surprisingly, by the Tata family. The Tatas have their hands in just about every industry there is on the subcontinent, including energy, steel, forestry, insurance and resorts. Going public? There has been industry talk for quite some time about Tata making a public offering, but no concrete dates have been set. A January 2003 article in Business Standard suggested that the firm would merge its four IT firms (Tata Infotech, Tata Elixi, Tata Technologies and CMC) into the main operation after TCS initial public offering, but gave no schedule for such actions. As recently as June 2003, TCS CEO S. Ramadorai was quoted in Dow Jones International News as saying, We have not yet fixed a date or a timing, but we are on that route. The Chinese connection Tata has more than 100 locations worldwide, and fairly steady growth. In June 2002, TCS announced a three-part framework for business in China. Tata Information Technology will be the company s main presence in China, based in Shanghai (the firm recruited 250 engineers from Shanghai University for the new office). The TCS office in Beijing will expand its role to include regional marketing, client relationship management, public relations and legal. And a new development center in Hangzhou will add to TCS local strength. The Chinese plan was still going strong as of January 2003. TCS acquired a 74 percent stake in government-owned CMC Ltd. and was working to integrate its operations within the larger framework. In addition, the firm was preparing to offer extended support to clients with operations in China (such as GE Medical Systems), and to turn China into its regional base for Japan, South Korea and Taiwan. Vault Guide to the Top 25 Technology Consulting Firms Tata Consul tancy Servi ces Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 135 C A R E E R L I B R A R Y Its a small, small world TCS isn t solely focused on China, of course. In September 2002, the firm teamed up with Intel to launch the TCS-Intel eBusiness Solutions Lab. The Mumbai facility develops migration tools, communications and computing solutions for Intel architecture-based servers. Also that month, TCS set up a global development center in Chennai, India for AT&T Wireless. The 200-consultant center handles customer systems and enterprise support. In December 2002, Tata suggested it would be recruiting 6,000 or more personnel from local campuses for its worldwide facilities through 2004. The firm told Business Standard, it expected growth in the banking and finance, telecom, manufacturing and retail industries to fuel its own growth. A report later that month in The Hindu Business Line confirmed the expectations, noting that TCS banking and financial service division was growing at 40-50 percent annually. Buffaloed In March 2003, TCS announced a new office in Buffalo, N.Y,. to complement its two existing locations in New York City. The new office signed a memo of understanding with the University of Buffalo (UB) to help the university further develop and commercialize certain bioinformatics technologies. It could be that residents were worried about Tata bringing in pros from outside instead of bolstering the local economy, so the firm issued a statement in April 2003 affirming its commitment to hire locally and exercise its partnership with UB. GETTING HIRED Signing on TCS finds applicants through a mix of local hiring and recruitment and intra- company transfers. New personnel can transfer from any TCS office around the world. TCS is a household name in India, which makes it easy for the firm to recruit students from top Indian IT programs. The firm is now looking to build its brand in the United States. It s working with several American universities, including Carnegie-Mellon, University of Wisconsin-Milwaukee, UCLA and the University of Buffalo, on local recruitment and hiring. Vault Guide to the Top 25 Technology Consulting Firms Tata Consul tancy Servi ces 2004 Vault Inc. 136 C A R E E R L I B R A R Y Tata recruits from top schools around the world, and hires experienced personnel as well. All consultants are required to sign service and confidentiality agreements, essentially contracts to work for TCS for two years after the initial year of training. This is in part to protect the firm s investment; TCS spends considerable money (the firm says about 6 percent of annual revenue) on training its people, and provides a stipend of up to $70 per year for membership in professional organizations. According to an insider in India, Tata uses an elaborate process of selecting schools we go to for hiring and says the interview involves detailed tests for assessing candidates technical aptitude and fit for the business. Vault Guide to the Top 25 Technology Consulting Firms Tata Consul tancy Servi ces Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 137 C A R E E R L I B R A R Y 2004 Vault Inc. 138 C A R E E R L I B R A R Y 3033 Science Park Road San Diego, CA 92121-1199 Phone: (858) 552-9500 Fax: (858) 552-9645 www.titan.com LOCATIONS San Diego, CA (HQ) 300 offices worldwide PRACTICE AREAS C4ISR (Command, Control, Communications, Computer, Intelligence, Surveillance and Reconnaissance) Enterprise Information Technology Homeland Security THE STATS Employer Type: Public Company Stock Symbol: TTN Stock Exchange: NYSE Chairman, President and CEO: Gene W. Ray 2003 Employees: 11,000+ 2002 Employees: 9,900 2003 Revenue: $1.7 billion 2002 Revenue: $1.39 billion UPPERS Hiring as other firms lay off Reasonable work hours DOWNERS Very, very long term projects Lockheed Martin merger means potential uncertainty KEY COMPETITORS Computer Sciences Corporation EDS IBM Global Services EMPLOYMENT CONTACT E-mail: Great.jobs@titan.com The Titan Corporation V A U L T P R E S T I G E R A N K I N G 20 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Solid but laid back Boutique Inexpensive THE SCOOP Supporting your safety If you ve ever wondered where the money in the U.S. defense budget goes, a good place to start looking is the Titan Corporation. The firm, just over 11,000 people strong, accumulated nearly $1.7 billion in revenue in 2003 so far, 99 percent of which came from the U.S. government. Typical Washington clients include the Department of Homeland Security, the Department of Defense and all branches of the armed services. In September 2003, the even larger defense juggernaut Lockheed Martin announced it would purchase Titan for approximately $2.4 billion. The deal is scheduled to close in early 2004. Not all of Titan s work is related to war and security, however. Unarmed clients include the Department of Labor, the U.S. Patent and Trademark Office and NASA. In addition, the firm occasionally works for other groups. In April 2003, Titan won a five-year, $50 million outsourcing contract with Cobb County School District in Marietta, Ga. Lineup changes In September 2003, the boards of Lockheed Martin and Titan approved a purchase of Titan by Lockheed Martin. Titan s concentration on defense, homeland security and intelligence contracts should dovetail nicely with the defense manufacturer s business. Titan s strength in the field of battlefield communications should also be a good fit for Lockheed Martin. Technology insiders say that the Titan acquisition reflects Lockheed s strategy of maintaining market dominance through acquisitions. Barring disapproval by Titan shareholders or governmental regulatory concerns, the deal should close in early 2004. Some of the changes at Titan were personnel, not ownership. In January 2003, Dr. Lawrence J. Delaney became president and CEO of the firm s Advanced Systems Development Sector, which designs the next generation of military craft and weapons. In February 2003, president and COO Eric DeMarco announced he would depart the company the following month to pursue other interests. Gene Ray, Titan s chairman and CEO, absorbed his duties. Vault Guide to the Top 25 Technology Consulting Firms The Ti tan Corporati on Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 139 C A R E E R L I B R A R Y An award or two NASA s Goddard Space Flight Center (GSFC) bestowed its 2003 Goddard Contractor Excellence Award on Titan in May 2003, for its work on four separate contracts in connection with GSFC projects. And in June, Ian Douglas Smith received the 2003 Global Energy Prize for his work in powerful pulse energy, a means of providing large amounts of power in short bursts to prevent overheating. Smith is the firm s deputy general manager and head of the pulse science division. GETTING HIRED Working for Q-Branch Finding a job at Titan can be as simple as using the search engine on the firm s web site. Titan also appears at several off-campus recruiting events in the D.C. region and elsewhere (Boston is another region). However, an insider says the usual path to employment is an executive [who] knows someone who s looking for a job and contacts HR. Or, an employment agency that has been working with my company [that] regularly contacts HR. Titan is hiring, unlike other, stagnating tech consulting firms; the consultancy grew by 10 percent in 2003. Be prepared to get security clearance if you do not already have it. Vault Guide to the Top 25 Technology Consulting Firms The Ti tan Corporati on 2004 Vault Inc. 140 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms The Ti tan Corporati on Titan is hiring; the consultancy grew by 10 percent in 2003. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 141 C A R E E R L I B R A R Y 2004 Vault Inc. 142 C A R E E R L I B R A R Y Guidion House Harvest Crescent Ancells Business Park Fleet, Hants GU51 2QP United Kingdom Phone: +44(0) 1252 777 000 Fax: +44(0) 1252 777 111 www.syntegra.com LOCATIONS Fleet, U.K. (HQ) Arden Hills, MN (U.S. HQ) 30 offices worldwide PRACTICE AREAS Collaboration ConsultingCRM Directories Enterprise Security eTicketing Messaging Supply Chain Management Trading Systems Web Services THE STATS Employer Type: Subsidiary of BT Group Stock Symbol: BTY Stock Exchange: NYSE CEO: Tim Smart 2002 Employees: 5,000 2001 Employees: 5,000 2002 Revenue: $1.02 billion 2001 Revenue: $997 million UPPERS Products and solutions in use worldwide Respectable parent company DOWNERS Occasional rumors of sale Not that visible outside of stock- trading solutions KEY COMPETITORS Accenture EDS IBM Global Services Perot Systems EMPLOYMENT CONTACT www.us.syntegra.com/careers/ E-mail: winning.team@syntegra.com Syntegra V A U L T P R E S T I G E R A N K I N G 21 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING BT in the background. Once a telco, always a telco Ambitious but staffed by old timers. THE SCOOP Transformers (more than meets the eye) Syntegra is the global consulting and systems integration arm of BT Group (formerly British Telecom). The firm s 30 offices worldwide have built a practice around the concept of transformation; whether of business, process or technology, or even change management. Much of the firm s work is accomplished through partial or total outsourcing of the client s business and information processes. Stock in trade One of Syntegra s most successful areas is stock trading. The firm s ITS collaborative trading system is used in the financial centers of more than 50 countries. ITS combines IP and voice technology with PBX phone networking (the standard for businesses worldwide) to ensure clear communication and posting of trade orders in busy environments. Orders for Syntegra s trade systems have been strong. Adopters of ITS or other services in 2003 include an Australian interdealer-broker (a broker for commercial banks, investment banks and other liquidity providers in wholesale financial markets) ICAP; Institutional Shareholder Systems, a Maryland-based service provider for voting stockholders; Dundee Securities, a Canadian full-service investment dealer; and Prebon Yamane, an Australian global brokerage. Speak up As recently as April 2003, Syntegra was displaying enhancements to the system at London s Dealing with Technology (DWT) conference. In collaboration with voice technology provider Vox Generation, Syntegra integrated voice recognition with its ITS Myriad system to allow trade orders, database updates, and e-mail and phone contact through spoken commands; Wireless ITS Myriad extends these capabilities to mobile customers. Also in April 2003, Syntegra announced collaboration with Computershare to provide improved dividend consolidation services to financial services clients. Computershare, a leading share registry, financial services and technology provider, will co-manage the limited pilot program through Syntegra s network during the first half of 2003, with wider availability afterwards. Vault Guide to the Top 25 Technology Consulting Firms Syntegra Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 143 C A R E E R L I B R A R Y Family troubles Though business appears steady for Syntegra, the firm s parent hasn t been without its share of woes. Between 1997 and 2001, several top officers left the holding company as debts from mishandled ventures mounted, peaking at a staggering $44.8 billion in 2001. In several instances, BT Group considered selling off BT Ignite, the unit that includes Syntegra. Despite this, Ignite provided 14 percent of BT s revenue in 2002, an 18 percent increase from 2001 before acquisitions and disposals. GETTING HIRED Global opportunities Syntegra has not one, not two, but six separate recruiting sites, one each for Belgium, France, Germany, the Netherlands, the U.K. and the U.S. This approach allows job seekers better target their efforts, whether they are seeking an internship, undergrad or graduate position, or are experienced consultants looking to change companies. Hopefuls are encouraged to apply electronically. One insider describes the hiring process as follows: after a manager pitches for a headcount increase, HR then works with the manager to recruit appropriate applicants (the recruitment techniques will vary depending upon the job and the perceived availability of candidates). Candidates respond in writing with a formal application. Interviews are then set up for those candidates with strong profiles to the job/skill requirements. OUR SURVEY SAYS Room to do your own thing Insiders appreciate the degree of personal latitude they enjoy at Syntegra. Management sets the overall guidelines and boundaries for our projects, says one source, but allows the individual employees the freedom to create their own technical solutions within those guidelines. The downside of this is a lack of internal direction. A consultant suggests the firm could communicate real-time project and bid activities to create both an awareness and opportunity to provide assistance. Vault Guide to the Top 25 Technology Consulting Firms Syntegra 2004 Vault Inc. 144 C A R E E R L I B R A R Y Syntegra does communicate one thing, though: a desire for consultants to get involved in something beyond paying work. It encourages each employee to take an active role in the local community, according to one consultant. No promotion? No problem! According to an insider, due to the global economy, expansion (which is the most frequent impetus of promotion) has been, for the most part, arrested. This doesn t mean a lack of appreciation, however; the source continues, to compensate, financial and recognition awards are used to recognize quality of work. That s a nice change from the Dilbert clich of endless promotions with no change in pay. Vault Guide to the Top 25 Technology Consulting Firms Syntegra Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 145 C A R E E R L I B R A R Y 2004 Vault Inc. 146 C A R E E R L I B R A R Y Hahnstrabe 43 d 60528 Frankfurt, Germany Phone: 49-69-6-65-31-0 Fax: 49-69-6-65-31-4-99 www.t-systems.com LOCATIONS Frankfurt am Main, Germany (HQ) Offices in 20+countries CORE COMPETENCIES Industries: Manufacturing Public & Healthcare Services: Computing Services Desktop Services International Carrier Sales & Solutions Network Services Systems Integration THE STATS Employer Type: Subsidiary of Deutsche Telekom CEO: Konrad F. Reiss 2002 Employees: 43,500 (10,000 outside of Germany) 2002 Revenue: 11.3 billion Euro UPPERS Stability due to Deutsche Telekom parentage DOWNERS Bureaucratic feel KEY COMPETITORS Cap Gemini Ernst & Young EDS IBM Global Services PA Consulting EMPLOYMENT CONTACT www.t-systems.com/jobs T-Systems International V A U L T P R E S T I G E R A N K I N G 22 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Heritage from state-owned firm Government shop for internal work Familiy-friendly THE SCOOP Telecom consulting haven A division of Deutsche Telekom, T-Systems offers consulting for telecom and technology markets, along with an integration of the two areas. The firm prides itself on helping clients through the entire process of planning, building and running the technology used. (The company, quite literally, calls this Plan/Build/Run.) Some of the services offered include network or carrier maintenance, outsourcing, hosting, systems integration, and business process consulting. A sampling of projects and achievements from 2002 and 2003: transmitting data at the fastest pace ever (160 Gbits/s on a single carrier wave in installed standard fiber, if you re curious), creating a network for scientists connecting 700 universities and research houses, installing Europe s largest virtual hard drive for parent company Deutsche Telekom and installing a supercomputer for Baden-Wurttemberg/Porsche. Clients generally fall into the telecom, finance/professional services, public/health care or manufacturing sectors. GETTING HIRED All U.S.-based positions are listed at www.t-systemsus.com/site/jobs.html. Benefits include medical, dental, vision, life, and AD&D insurance, disability coverage, flex spending accounts, 401(k), employee counseling, a business-casual dress code, tuition reimbursement, employee-referral payments, and flex hours and telecommuting for some positions. OUR SURVEY SAYS Decent all around Supervisors at T-Systems are rated fairly well. My director is very professional and open to discussion, says a source. Offices are solid, while training could use some work: I must define and [seek out] rhe courses that are good for my position, says Vault Guide to the Top 25 Technology Consulting Firms T-Systems I nternati onal Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 147 C A R E E R L I B R A R Y an insider. Work is said to average around 50 to 55 hours a week. Compensation is rated just above average, while bonuses are only for the salespeople. As for promotion, the policy is said to be not so clear, as management reportedly makes the decision without revealing the process. Vault Guide to the Top 25 Technology Consulting Firms T-Systems I nternati onal 2004 Vault Inc. 148 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms T-Systems I nternati onal I must define and [seek] the courses that are good for my position. T-Systems consultant Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 149 C A R E E R L I B R A R Y 2004 Vault Inc. 150 C A R E E R L I B R A R Y 2823 E. Cottonwood, Suite 480 Salt Lake City, UT 84121 Phone: (800) 294-0090 Fax: (801) 733-3201 www.sbiandcompany.com LOCATIONS Salt Lake City, UT (HQ) 17 offices nationwide, plus London PRACTICE AREAS Customer Collaboration Enterprise Management Integrated Marketing Supplier Collaboration THE STATS Employer Type: Private Company CEO: Ned Stringham UPPERS Profitable despite tech downturn Managers fair, open DOWNERS Short notice on project staffing Acquired companies still settling in KEY COMPETITORS Computer Sciences Corporation EDS EMPLOYMENT CONTACT E-mail: careers@sbiandcompany.com SBI and Company V A U L T P R E S T I G E R A N K I N G 23 THE SCOOP A big rollup SBI and Company, a Web and technology consultancy, advises firms in the telecom, financial, manufacturing, retail/consumer products, life sciences, and state and local government sectors. Clients include Cisco, Kodak, JPMorgan Chase and Los Angeles water and power division. The company has been aggressively expanding lately as it buys struggling tech companies. In November 2002, it bought web consultancy Razorfish, and its 200 employees, adding top clients like Western Union and Microsoft, and offices in New York, Boston, Los Angeles, San Francisco and Silicon Valley. . In October 2002, it picked up Scient, a once-hallowed Internet consulting firm; in July 2002, it acquired Lante Corporation, another technology consulting firm. In May 2002, SBI bought WebFlow, which made software that helped SAP technology run more smoothly. In October 2001, it snapped up Emerald Solutions, an IT implementer. In June 2001, it bought the New York office of marchFIRST, which came with 100 consultants; in April of that year, it bought that now-defunct consultant s Denver, Portland and San Francisco offices, which included 200 more consultants. CEO Ned Stringham s work in acquisitive and other areas won him Ernst & Youngs Entrepreneur of the Year award for Utah in the technology category; at press time, he was advancing to the national competition. Earlier, SBI was selected by Computerworld as a Top 100 Emerging Company for 2002. In June 2002, VARBusiness Magazine named Stringham a 2002 VARBusiness 500 Executive of the Year. GETTING HIRED Professionals wanted SBI lists open positions on its web site, www.sbiandcompany.com/careers. Candidates are asked to send resumes to careers@sbiandcompany.com. Insiders say it is a streamlined and smooth process: When there is a need we immediately seek out the best candidates and act quickly to retain their services. We only hire professionals, notes another source. A different source says, The need for a position is assessed, approved, description is drawn up and passed through HR. Vault Guide to the Top 25 Technology Consulting Firms SBI and Company Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 151 C A R E E R L I B R A R Y Advertisements are sent out, resumes submitted, people interviewed. Selection is more ad-hoc than formalized. OUR SURVEY SAYS Cheery culture SBI consultants speak well of the firm s corporate culture; SBI is said to maintain a loose atmosphere with an open discussion of issues and topics. Everyone understands that we can discuss behind closed doors but in front of the customer we are a united platform, notes one source. Another consultant calls it demanding but very supportive, while a different source says there s no bulls**t, it s easy to get along with people not a lot of politics. In the early years it was somewhat disorganized, but in the last two years it has matured into an informative and collaborative culture, says one insider. Pack your bags Work/life balance is quite good, insiders say. All projects have their ups and downs but SBI is very good about making sure you have the available time off and enough of it to take care of the individual, says one respondent. That said, travel is a requirement if you want your choice of projects. All of the travel depends on contracts and location. Our consultants are expected to be available for 100 percent travel but our focus is on obtaining business close to the branch offices, notes one source. Basically, not everyone travels but everyone is expected to travel when necessary. Hours generally range from 40 to 50 hours a week, sources say, though it can vary it s all that are needed to do the work. Rarely are consultants on the bench (beach), but bench time is busy time. Steps up the ladder To get a promotion, an MBA is not necessary: Reward and promotion are strictly measured on performance. This is not an up-or-out program, says a source; another insider adds, Delivering outstanding work means attention from management. It is also based on our client s satisfaction with a consultant a consultant who pleases the client can stay and work as long as that remains true. Vault Guide to the Top 25 Technology Consulting Firms SBI and Company 2004 Vault Inc. 152 C A R E E R L I B R A R Y Compensation is rated quite highly at SBI, while extras like bonuses and options depend on the individual and what is negotiated. Long-term disability and accidental death and dismemberment coverage is included. Other perks seem to depend on location and role, and may include a cafeteria, lounge, cell phones, laptops, tuition reimbursement and/or pagers. Even-handed Consultants say they re pleased with their firm but fair supervisors. I ve had several and they have all been extremely supportive, says one source. Another insider enthuses that they re some of the best people I ve ever had the pleasure of working for. These guys really know what they are doing! Cube free The utilitarian offices are seemingly serviceable. No cubes! Standard post- Internet-boom furniture/desks/meeting rooms, says one source. Another SBI-er notes, With the number of companies we ve acquired in the last two years it is hard to get anyone to say they are happy with the furniture. Training, insiders say, is an area where we could make great improvement. It s done when necessary and only when needed, most training is on site or hands on, as that is the pace we work at indeed, most are too busy to do much training, but can be done on bench time. It is based on client needs more than personal needs. Training is available where it makes sense. We don t train as a reward for performance, notes one source. Mix and match Diversity at the company is considered a plus. Many of the projects have female leaders and are well mixed with men and women, says one source. Another adds, We have senior positions that are held by women. This diversity is part of our strength. Ratings are similar with regard to minorities. In my time here I have not heard of any racial issues and the diversity is good, says one consultant. Another consultant says, We have senior positions that are held by minorities. This diversity is part of our strength. Vault Guide to the Top 25 Technology Consulting Firms SBI and Company Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 153 C A R E E R L I B R A R Y 2004 Vault Inc. 154 C A R E E R L I B R A R Y Immeuble Ile-de-France 3, place de la Pyramide 92067 Paris La Dfense Cedex France Phone: +33 1-49-00-90-00 Fax: +33 1-47-73-07-63 Polarisavenue 97 2132 JH Hoofddorp The Netherlands Phone: 0031 23 566 7000 Fax: 0031 23 566 7100 www.atosorigin.com LOCATIONS Paris, France (Financial HQ) Hoofddorp, The Netherlands (Corporate HQ) Offices in 30 countries PRACTICE AREAS Consulting Managed Operations Systems Integration THE STATS Employer Type: Public Company Chairman and CEO: Bernard Bourigeaud Stock Exchange: Euronext Paris Ticker Symbol: SAX 2002 Employees: 28,000 2002 Revenues: EUR 3,043 million UPPERS Accessible management team DOWNERS Outdated benefits package KEY COMPETITORS Cap Gemini Ernst & Young IBM Global Services HIRING CONTACT U.S. and Canada: Atos Origin, Inc. North American Recruiting Center 430 Mountain Ave. Murray Hill, NJ 07974 E-mail: Careers@atosorigin.com Atos Origin V A U L T P R E S T I G E R A N K I N G 24 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Good in public sector Uninspired leadership IT orientated Small and unfocused THE SCOOP Euroconsulting The second largest publicly-traded European IT consultancy, Atos Origin specializes in SAP, Oracle and PeopleSoft installations, and in other e-business, e-commerce and IT work. Clients include European and worldwide giants such as ABN AMRO, BNP Paribas, BP, Euronext, Fiat, Lucent, Shell and Unilever. Double header Let it never be said that Atos Origin lacks leadership. The IT consulting firm boasts headquarters both in France and in the Netherlands. The reason for the dual headquarters is that Atos, a French consultancy, merged with Origin, a Dutch company, in October 2000. Origin had originally (hee) been an offshoot of Philips Electronics Communications and Processing Services, so Philips held a majority of Origin, and today owns a large percentage of Atos Origin. Name games The company has three business lines: consulting, systems integration and managed operations. The consulting wing is also known as Atos Odyssee (Odyssee, a financial and banking consultancy, was acquired in January 2000) and as Atos KPMG Consulting in the U.K. and the Netherlands (the company acquired KPMG s businesses there in August 2002). Atos Consulting concentrates its strengths in financial services, consumer/industrial markets, information, communications, entertainment, human resources and government. Systems Integration focuses on Enterprise Resource Planning (ERP) systems. Managed Operations is the outsourcing group, and boasts several specialties such as voice recognition, transaction certification, e-banking and e-trading. Bargain shopping In September 2003, Atos Origin agrreed to acquire the IT consulting firm SchulbergerSema from United States-based oil services firm Schlumberger. The awkwardly-named SchlumbergerSema had been created in 2001, when Schumberger acquired the IT services firm Sema for the princely sum of 5.2 billion euros. Schlumberger had trouble integrating the new acquisition, however, and put it back on the market. Atos Origin scooped up the consultancy for a mere 1.28 billion euros, Vault Guide to the Top 25 Technology Consulting Firms Atos Ori gi n Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 155 C A R E E R L I B R A R Y 400 million of which was paid in cash. The chairman of Atos has said that after the acquisition is finalized, most likely in January 2004, Atos would sell off part of the new entity to raise about 500 million euros within 18 months. GETTING HIRED Becoming an original The company posts open positions for would-be Atos Originals (yes, that s what they call themselves) at www.atosorigin.com/corporate/careers/index.asp. Candidates for North American careers are welcome to contact the recruiting center at the Murray Hill address. Candidates for positions in other countries can check www.atosorigin.com/corporate/careers/contact.htm for the appropriate human resource contact. The process, according to one source, includes an interview by the department manager, and an optional interview by senior manager/HR hire. Once at Atos, new employees have access to the help of Atos Origin University, an Intranet-based teaching tool. OUR SURVEY SAYS High-quality managment Management is said to be cooperative and flexible, with a very open management style. It s a friendly management team, notes one insider. With regard to promotion, management seems quite involved: The company believes very much in having quality people. It is not a strictly up-or-out culture; in fact, out is only a last resort after much counseling. That said, advance is not fast staff can be expected to stay at the same level for a while if necessary. And in this economy, it s not easy to [advance]. Moving up really depends on opportunity, says one source. Work/life balance is decent at Atos. [A good work/life balance] is very much a personal responsibility. The company encourages and tries to facilitate [work/life balance], but only the individual can make it happen. I m still working 12 hours a day, as much as I try to maintain a good balance, says one source. Hours seem to Vault Guide to the Top 25 Technology Consulting Firms Atos Ori gi n 2004 Vault Inc. 156 C A R E E R L I B R A R Y hover between 50 and 60 hours a week, though one consultant says workweeks exceed that number all the time. Variable travel Travel can vary greatly, depending on where you re staffed. I travel once or twice a month, but only for a couple of days each, says one source, who reports that other consultants travel more than 50 percent of their time, all depending on the projects they are involved in. Compensation is rated just above average, and includes share option, employee stock purchase and annual bonus. While perks include cell phones, laptops, an employee referral bonus, free snacks, gym discounts and long-term disability insurance, one respondent decries the supposed lack of a very up-to-date benefits package. Overall, Atos is said to be a great company to work for ... if only the economy is better, life will be much more balanced. Vault Guide to the Top 25 Technology Consulting Firms Atos Ori gi n Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 157 C A R E E R L I B R A R Y 2004 Vault Inc. 158 C A R E E R L I B R A R Y 333 Thornall Street Edison, NJ 08837 Phone: (732) 549-4100 Fax: (732) 632-1826 us.fujitsu.com LOCATIONS Edison, NJ (HQ) 70 offices worldwide SOLUTIONS Enterprise Mobility Enterprise Value Management Legacy Migration Managed Services SERVICES Business Intelligence and Analytics Content Management Customer Relationship Management Enterprise Application Integration IT Effectiveness INDUSTRIES Energy and Utilities Financial Government Life Sciences Telecommunications THE STATS Employer Type: Subsidiary of Fujitsu Ltd. President and CEO: Michael J. Poehner 2002 Employees: 7,000 2002 Revenue: $38.4 billion (Fujitsu Ltd.) UPPERS Well-established brand DOWNERS Snarly reporting structure within the company KEY COMPETITORS Cap Gemini Ernst & Young Computer Sciences Corporation EDS IBM Global Services EMPLOYMENT CONTACT fccanada.kenexa.com/fcv35/newhrusa Fujitsu Consulting V A U L T P R E S T I G E R A N K I N G 25 THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Emerging Siemens leftovers Technical Overconfident, too diverse THE SCOOP The possibilities are infinite That s Fujitsu s motto, and the company itself seems rather expansive, if not infinite. Fujitsu Consulting Inc., the IT consulting and services arm of technology manufacturer Fujitsu, helps corporations navigate the complex sea of business tech. In 2002, said help amounted to $16.9 billion in software and services revenue, or about 40 percent of the parent company s annual total. Fujitsu Consulting s current makeup is a fairly recent configuration resulting from a rebranding of DMR Consulting in 2002. Fujitsu had acquired DMR Consulting in 1996 when it purchased Amdahl, which itself had bought DMR the year before. The paradox of information Fujitsu Consulting s registered trademark Macroscope is an integrated set of IT and business methods the firm uses to assess its clients needs. In October 2002, high- tech analyst firm Gartner hailed Macroscope as a leader in the field. In February 2003, Fujitsu completed a study on how organizations view information technology. The survey of 157 companies revealed that 22 percent of businesses see IT as an expensive overhead while 15 percent opined that IT made no contribution at all. From analysis of the findings, the firm published a set of seven steps to enable IT providers to position themselves as valuable strategic partners. Back in 1999, Fujitsu Consulting published The Information Paradox, a best-selling book by John Thorp, director of the group s Center for Strategic Consulting. The book addressed the topic of value management for IT: whether it s a must investment, and how top executives can establish IT investment priorities in order to gain value. In March 2003 the firm proudly released a revised text to account for industry changes since its first publication. Getting outside the office Fujitsu isn t just an IT think tank, though; the firm provides IT implementation services as well. In April 2003, British human resource consultancy Reed Group hired Fujitsu to provide an enterprise-wide infrastructure rebuild, including a payroll and HR system for Reed itself. And in June 2003, the firm landed a $10 million integration contract for Sandwell (U.K.) Metropolitan Borough Council. The seven- Vault Guide to the Top 25 Technology Consulting Firms Fuj i tsu Consul ti ng Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 159 C A R E E R L I B R A R Y year contract begins with a 15-month implementation of an Oracle e-Business suite to standardize the council s financial, purchasing, HR and payroll functions, as well as prepare it for implementing e-government in line with U.K. standards. GETTING HIRED Connect with Fujitsu The firm recruits full timers and contractors through an online service with a searchable web site (fccanada.kenexa.com/fcv35/newhrusa) that has a job agent. You can even forward job leads to friends. Vault Guide to the Top 25 Technology Consulting Firms Fuj i tsu Consul ti ng 2004 Vault Inc. 160 C A R E E R L I B R A R Y THE BEST OF THE REST Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 161 C A R E E R L I B R A R Y Alliance Consulting Group Associates One Commerce Square 2005 Market Street, 32nd Floor Philadelphia, PA 19103 Phone: (215) 569-8722 Fax: (215) 399-2310 www.alliance-consulting.com LOCATIONS Philadelphia, PA (HQ) Offices in 10 U.S. cities PRACTICE AREAS Application Development & Integration Business Intelligence Managed Services Package Solutions Strategy (aligne) THE STATS Employer Type: Division of Safeguard Scientifics CEO: Michael Warner 2002 Employees: 700 UPPERS Growth with acquisition by Safeguard DOWNERS Shifting corporate culture after merger KEY COMPETITORS Accenture EDS IBM Global Services EMPLOYMENT CONTACT www.alliance- consulting.com/careers.asp 2004 Vault Inc. 162 C A R E E R L I B R A R Y THE SCOOP Safeguarding knowledge For almost a decade, Alliance Consulting has been providing IT know-how to clients in the financial services, consumer packaged goods and life sciences industries. The company is headquartered in Philadelphia. In December 2002, IT services holding company Safeguard Scientifics (traded on the NYSE under the symbol SFE) bought Alliance for $55 million. Safeguard already owned two similar companies called aligne Strategy and Lever8 Solutions. Safeguard merged the Lever8 and Alliance divisions which had complementary IT consulting practices and that new group, still called Alliance, has 700 consultants and offices in 10 domestic cities. Meanwhile, aligne continues to consult for IT executives on strategies for outsourcing and IT investments. Today, Alliance has five divisions: strategy (general business consulting), business intelligence (gathering and analyzing data), application development and integration (developing applications and integrating them with legacy systems and other companies software products), managed services (maintaining and supporting software and infrastructure) and package solutions (implementing, upgrading or doing ROI analysis on packaged software like J.D. Edwards or SAP). Alliance has specific alliances har har with Microsoft, IBM, SAP and J.D. Edwards, and maintains consulting practices for each of these companies. GETTING HIRED Benefits include medical and dental insurance; a vision-care program; group and voluntary life/AD&D, short- and long-term disability coverage; a 401(k); a credit union; an employee assistance plan and a college savings plan; a cafeteria plan; and a discount on fitness programs. Candidates can search jobs at www.alliance-consulting.com/careers.asp. A contact for each job is listed within the posting. Vault Guide to the Top 25 Technology Consulting Firms Al l i ance Consul ti ng Group Associ ates Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 163 C A R E E R L I B R A R Y Aquent 711 Boylston Street Boston, MA 02116 Phone: (617) 535-5000 Fax: (617) 535-5005 www.aquent.com LOCATIONS Boston, MA (HQ) About 70 offices worldwide PRACTICE AREAS IT Services: Projects Staffing Marketing & Creative Services: Aquent Solutions Marketing and Branding Technologies Talent Agency Aquent Financial Services Aquent Healthcare Solutions THE STATS Employer Type: Private Company CEO: John H. Chuang 2002 Revenue: $300 million UPPERS Family first atmosphere Good hours for consulting DOWNERS Acquisitions somewhat tumultuous Corporate strategy hazy KEY COMPETITORS Booz Allen Hamilton Computer Sciences Corporation EMPLOYMENT CONTACT www.aquent.com/careers 2004 Vault Inc. 164 C A R E E R L I B R A R Y THE SCOOP Staffing and consulting The germ for today s Aquent lurked in a Harvard dorm room in the 1980s. CEO John Chuang, a student at the college, wanted to make some extra cash and started a typesetting service with two other Harvard students, Mia Wenjen and Steve Kapner, who are also still with the company. That soon morphed into MacTemps, which placed Mac experts in short-term jobs. By the late 1990s, the firm had grown substantially, and had changed its name to Aquent. Today, Aquent boasts 70 offices in 16 countries, and continues to be a name in the staffing and consulting businesses. A series of strategic acquisitions over the last couple of years has pushed Aquent from the staffing world into consulting. In December 2001, it bought Renaissance Worldwide for $110 million. The purchase was unorthodox because in June 2001, G. Drew Conway, the CEO of Renaissance, owned 22 percent of the publicly held company. He made a bid to buy out the rest of the shares. It was almost a done deal when, in August, Aquent offered $2 per share for the company. Conway didn t counter that offer. Aquent thereupon absorbed Renaissance and its 3,500 employees. Afterward, Aquent sold off Renaissance s GovConnect.com for $49 million. In 2002, it acquired a division of Kodak Polychrome Graphics that did systems integration and christened it Marketing and Branding Technologies. In May 2003, Aquent offered to buy Computer Horizons Corp, but withdrew the offer in November of that year. Today, Aquent still places tech and creative types along with its consulting business. Its services reflect this expertise, and include IT projects, staffing, and marketing and branding overhauls. It also runs a healthcare division that staffs hospitals. And Aquent Financial Services (www.aquentfinancial.com) is a bill collector-cum-cash advancer for freelancers. When they re submitting invoices to clients, freelancers can submit them to Aquent as well. For a fee, Aquent forwards cash to the freelancer, and takes responsibility for collecting on the invoice. Vault Guide to the Top 25 Technology Consulting Firms Aquent Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 165 C A R E E R L I B R A R Y GETTING HIRED The online drill Anyone with Web access can search through Aquent s jobs on the firm s site, or complete an online application at www.aquent.com/careers. Sources estimate the online application takes between 30 and 60 minutes to fill out. The company says it recently streamlined the process, now only requiring applicants to submit a resume. Once your application is complete, an Aquent agent looks it over. If it s appealing, the company will call you in for an interview and, sometimes, a skills test. Once you pass that round, you are assigned to an Aquent agent, who will match you with temp or permanent jobs with Aquent s clients. Sources tell us that only about 10 percent of applicants are selected to become part of Aquent s employee roster. OUR SURVEY SAYS All in the family Aquent has an entrepreneurial feel, with an open environment that is warm, friendly and caring. It s a family-first place, sources say, and that includes the vacation policy, which allows four weeks off. Aquent also offers four weekes paid parental leave for fathers. Consultants report they re quite satisfied with their hours, which seem to run about 50 a week. You do what it takes to achieve desired results, explains one employee. Work spikes rarely on a monthly basis ... but once a quarter for about a week, says an insider. Working up Development seems to be based, quite simply, on how well you do. Success is the key to advancement. If you prove yourself to be a subject matter expert then you will be recognized accordingly, says one insider. Another source concurs, citing unlimited potential for growth, based on past performance within the organization. Vault Guide to the Top 25 Technology Consulting Firms Aquent 2004 Vault Inc. 166 C A R E E R L I B R A R Y The package deal Compensation at the company is rated above average. There s a 401(k) and quarterly bonuses for sales. Benefits include accidental death/dismemberment and long-term disability insurance, an employee referral bonus, an employee assistance program, tuition reimbursement, profit sharing and stock options for some workers, laptops and cell phones. The company also notes that Aquent keeps a Florida beachhouse, which employees are permitted to use for their vacations free of charge. The use of a sporty Porsche Boxter is given to the office boasting the strongest growth rate. CIBER 5251 DTC Parkway Suite 1400 Greenwood Village, CO 80111 Phone: (303) 220-0100 Fax: (303) 220-7100 www.ciber.com LOCATIONS Greenwood Village, CO (HQ) 80 offices worldwide PRACTICE AREAS Application Development Enterprise Integration Outsourcing Packaged Solutions Training THE STATS Employer Type: Public Company Stock Symbol: CBR Stock Exchange: NYSE President, CEO and Director: Mac J. Slingerlend 2002 Employees: 5,400 2001 Employees: 5,000 2002 Revenue: $608.3 million 2001 Revenue: $558.9 million UPPERS Nearly 30 years of IT history Worldwide competitor DOWNERS Limited recruiting path Lots of work with packaged software KEY COMPETITORS Accenture American Management Systems Atos Origin BearingPoint Cap Gemini Ernst & Young EDS Fujitsu IBM Global Services Keane Logica/CMG EMPLOYMENT CONTACT www.ciber.com/jobs 2004 Vault Inc. 168 C A R E E R L I B R A R Y THE SCOOP Thinking inside and outside the (software) box CIBER is an information technology company that has built a strong practice around providing system integration and other services to both the private sector and government. Its solutions are often homegrown, as in the case of its custom application development and outsourcing practices. But it also offers good business implementing packaged ERP and SCM products from such providers as SAP, Oracle and PeopleSoft. CIBER must be doing something right. An independent survey published in September 2002 stated that the firm s customer satisfaction had climbed to 98 percent in July 2002, up from 93 percent a year before. In 1974, the firm s three founders set out to provide for the IT needs of the Detroit auto industry. Bob Stevenson, one of the partners, bought out the other two in 1978 and remains as chairman to this day. Over time, CIBER s mission evolved to encompass finance, telecom, health care, government and other industries. No longer focused on auto manufacturing, the firm moved its headquarters to Colorado in 1988. In case you re wondering, the firm isn t trying to be cute with its name. Rather, its an acronym the founding partners came up with, and which has been in use since the 1974 launch. CIBER stands for Consultants in Business, Engineering and Research. You will be assimilated In consulting, big firms eat little firms, and sometimes even same-sized ones. CIBER is no exception. The firm made a handful of key acquisitions in 2002 and 2003. Back in April 2002, CIBER brought one of its old hands home when it acquired Southfield, Mich.-based Decision Consultants Inc. (DCI) Jack Krasula, one of CIBER s first hires in 1974, founded DCI in 1976. Terms of the deal were not disclosed, but DCI added $100 million to CIBER s revenue and as much as $10 million to net income at the time, as well as giving the firm access to General Motors, Daimler Chrysler and the state of Texas as clients. A month later, former DCI president and COO Ed Longo became COO of CIBER. The firm bought 9 percent of U.K. tech consultancy ECsoft in November 2002, in a preliminary step to implementing a takeover the two companies had been considering for several years, according to Mac Slingerlend, CIBER s CEO. In December, the firm announced its intent to acquire all of ECsoft for $54 million, expanding CIBER s presence in Europe. The offer closed successfully in January 2003. Vault Guide to the Top 25 Technology Consulting Firms CI BER Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 169 C A R E E R L I B R A R Y In April 2003, CIBER signed a definitive agreement to merge New Jersey-based AlphaNet Solutions into its operations. The $28.75 million deal was supported by a lock-up agreement with stockholders representing 42 percent of AlphaNet s shares. Slingerlend noted that the acquisition would solidify CIBER s operations in the New York-New Jersey area and add project management and training capabilities. Staying productive CIBER branched out into a new field in October 2002 when it launched Law and Justice Solutions, a suite of case and document management systems designed for law and criminal justice agencies. The suite includes case record management systems for prosecutors and defenders, a database-independent data exchange and integration solution and a process and facilities management package covering everything from police booking to court facilities to prisons. Throughout early 2003, CIBER has been providing outsourcing solutions to the U.S. Army for IT and communications. Commands served include the U.S. Army Civil Affairs and Psychological Operations Command (USACAPOC) and the 81st and 88th Regional Support Commands of the U.S. Army Reserve. In April 2003, CIBER announced it had signed more than 50 new contracts with state and local government clients totaling more than $30 million. May saw further announcements of positive business: The firm signed a new 10-year outsourcing contract with health insurance client Highmark, extended two existing contracts through 2004, and announced $25 million in new business with its three largest telecommunications clients, whose identities were not specified. What are the kids up to? DigiTerra, a wholly owned subsidiary of CIBER, has also seen some action recently. In September 2002, the company s mobile computing group announced a system implementation and integration contract with Do It Best Corp., a hardware, lumber and building materials cooperative with more than $2.5 billion in annual sales. The project calls for providing seven Do It Best distribution centers and the doitbest.com e-commerce site with mobile supply chain data access for warehouse workers. And in April 2003, DigiTerra signed 17 contracts with new and existing clients to implement solutions from Lawson Software, which provides software and systems for business processing for health care, retail and other industries. Vault Guide to the Top 25 Technology Consulting Firms CI BER 2004 Vault Inc. 170 C A R E E R L I B R A R Y GETTING HIRED Get in line, online Individual branch offices handle their own hires, but the firm recommends that all applications be submitted through the online career system. Fortunately, CIBER s job application resources are solid. There s the usual e-mail job agent and live search, a discussion of culture and benefits, general resume and application forms, as well as a series of links to individual offices. Vault Guide to the Top 25 Technology Consulting Firms CI BER Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 171 C A R E E R L I B R A R Y Commerce One CarrAmerica Corporate Center Bldg. #4 4440 Rosewood Drive Pleasanton, CA 94588-3050 Phone: (800) 308-3838 Fax: (925) 520-6060 www.commerceone.com LOCATIONS Pleasanton, CA (HQ) 11 offices worldwide PRACTICE AREAS Creative Design and Interactive Marketing Customer Operations Strategy Consulting Technology Consulting and Integration THE STATS Employer Type: Public Company Stock Symbol: CMRC Stock Exchange: Nasdaq CEO, President and Chairman: Mark B. Hoffman 2002 Employees: 380 2001 Employees: 1,100 2002 Revenue: $105.5 million 2001 Revenue: $408.6 million UPPERS Good benefits package DOWNERS Company much smaller KEY COMPETITORS Computer Sciences Corporation EDS IBM Global Services EMPLOYMENT CONTACT E-mail: Resource.management@commerceon e.com www.commerceone.com/careers 2004 Vault Inc. 172 C A R E E R L I B R A R Y THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING e-bubble More like vendors Falling star THE SCOOP All for one and one for all Commerce One leads the e-marketplace industry, helping companies increase the efficiency of their business-to-business transactions. Since 1996, the Pleasanton, Calif., company has been moving its clients sourcing and procurement operations onto the Web, and it has made a name for itself by consistently rolling out software upgrades, as well as teaming up with, or acquiring, competitors. The firm has been affected by the economic downturn and has reduced its size since 2001 in an attempt to remain lean and hungry. Including all of the Commerce One global operations, the company has 11 offices spread across six nations (down from a high of 44 in 18 countries in 2001) and a total staff of about 200. A new angle In January 2002, Commerce One introduced version 5.0 of its flagship Commerce One software, and with it a shift in the company s e-marketplace strategy. Gone was the all-encompassing vision of promoting public marketplaces. In its place is a simpler, more modest focus on managing business processes and improving short- cycle returns on investments. Commerce One admits that the change in tack had a lot to do with the downturn in the economy and the failure of its aggressive push for integrated e-marketplaces. My friends and neighbors Commerce One sometimes partners with firms in other industries, or even within the e-marketplace industry itself. The enterprising IT consultancy has formed ongoing strategic relationships with such companies as Microsoft and Citigroup to improve its integrated offerings. In September 2002, Commerce One partnered with Satyam Computer Services Ltd., a complete IT solutions house. Satyam agreed to implement Commerce One s technology in serving its own clients, while using its supply chain integration experience to get its clients up to speed more quickly. In that same month, Commerce One arranged partnerships with Actional, Baltimore Technologies, Cognos, Contivo, Sonic Software and VeriSign to contribute to the planned Commerce One 6.0 Suite. (Commerce One 6.0 was fused into the Commerce One Conductor composite application platform, which was placed into general release in March 2003. Composite processes, according to Commerce One, are cross- functional business procedures that allow customers to centrally manage cost- Vault Guide to the Top 25 Technology Consulting Firms Commerce One Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 173 C A R E E R L I B R A R Y sensitive elements of their infrastructure, lowering their total cost of ownership by as much as 60 percent.) Holiday shopping season One Commerce One customer, eScout LLC, elected to acquire the Commerceone.net marketplace in December 2002. The unit s three lines of business (marketplace operations, managed application services and content operations) were all rolled into the private company as part of the acquisition; in return, Commerce One increased its equity ownership stake in eScout and obtained a seat on its board of directors. Smaller size In an effort to cope with the sagging U.S. economy, Commerce One announced several job cuts throughout 2001, starting with a 10 percent reduction in May. Another 1,300 jobs were trimmed in October. Despite its best efforts, the company still posted a net loss of $66.5 million for the fourth-quarter of 2001. By the end of the year, rumors were even circulating that SAP would buy Commerce One, though SAP Co-Chairman Hasso Plattner denied them. More bad news came in April 2002, when, after reporting a $220 million loss in its quarterly report, Commerce One laid off another 500 people, or one-third of its remaining workforce. Another layoff was announced in July 2002, when about 150 people were let go. Further cuts were announced in October 2002, with 400 people set to become redundant by the first quarter of 2003 as a way of reducing operating expenses. They were hardly out the door when, in January 2003, the firm revealed a similar cut of 400 workers, or 60 percent of employees remaining from the last round. In all, Commerce One had lost $3.2 billion in two years, along with three-quarters of its locations and nearly 90 percent of its peak staff. Possible turnaround There s some indication that the worst of Commerce One s suffering is over; the company continues to sign new clients. In April 2003, Hitachi Europe chose the firm s strategic sourcing solutions to streamline its purchasing activities. A Commerce One spokesman described the deal as significant but didn t reveal actual terms. In addition, he added that Hitachi would hold the provided software in perpetual license and wouldn t pay annual fees. In June 2003, the firm named several Asia Pacific organizations that would be implementing Commerce One products and solutions Korean Aerospace Industries and Taiwanese telecom group Far EasTone adopted the Commerce One Supplier Vault Guide to the Top 25 Technology Consulting Firms Commerce One 2004 Vault Inc. 174 C A R E E R L I B R A R Y Relationship Management, while the Industrial Technology Research Institute and GTWebKorea both used Commerce One Conductor. GETTING HIRED Got jobs? Like most consulting firms, Commerce One says it s looking for people with drive, passion and intensity, and candidates who are committed to being the best at what they do. The company s web site (www.commerceone.com/careers) proclaims, You won t be constrained by a rigid hierarchy or iron-clad job descriptions instead you ll be encouraged to step up to the plate and pursue the projects that excite you. The company suggests that prospective employees send an inquiry e-mail to resource.management@commerceone.com for current openings. (The current financial state of Commerce One, however, means it s unlikely that the firm is hiring extensively.) Vault Guide to the Top 25 Technology Consulting Firms Commerce One Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 175 C A R E E R L I B R A R Y Computer Task Group 800 Delaware Avenue Buffalo, NY 14209-2094 Phone: (716) 882-8000 Fax: (716) 887-7464 www.ctg.com LOCATIONS Buffalo, NY (HQ) (3 offices) 39 offices worldwide Anchorage, AK Atlanta, GA Austin, TX Baltimore, MD Boulder, CO Burlington, VT Chicago, IL Cincinnati, OH Cleveland, OH Columbus, OH Dallas, TX Endicott, NY Fort Wayne, IN Grand Rapids, MI Greenville, SC Indianapolis, IN Jacksonville/Orlando, FL Mechanicsburg, PA Media, PA Melbourne, FL Merrillville, IN Nashville, TN New York, NY Overland Park, KS Pittsburgh, PA Poughkeepsie, NY Raleigh, NC Rochester, NY San Jose, CA Syracuse, NY Tampa, FL Winston-Salem, NC Amstelveen,the Netherlands Diegem, Belgium Berkshire Luxembourg Toronto PRACTICE AREAS Application Management Outsourcing IT Solutions IT Staffing Healthcare Solutions Life Sciences Solutions Retail Solutions THE STATS Employer Type: Public Company Stock Symbol: CTG Stock Exchange: NYSE Chairman and CEO: James R. Boldt 2003 Employees: 2,700 2002 Revenue: $263.3 million UPPERS Lots of autonomy Work-from-home situations common Four-day work week DOWNERS Fuzzy promotion policy Training by wayside Travel not counted toward billable hours KEY COMPETITORS Accenture BearingPoint CIBER Computer Sciences Corporation Keane EMPLOYMENT CONTACT E-mail: careers@ctg.com careers.ctg.com 2004 Vault Inc. 176 C A R E E R L I B R A R Y THE SCOOP All computers, all the time As the name indicates, Computer Task Group (CTG) is a computer-focused company which has meant some tough times in the last couple of years. Ah, but times were better for young technology companies back in the salad days of 1966, when the company was founded as Marks-Baer Inc. by two ex-IBM-ers. The company went public in 1969, and then, as now, helped other companies by providing staff and solutions for computer problems. By 1986, CTG had expanded overseas, opening a United Kingdom office; soon after, the company snapped up a European firm with offices in Holland, Belgium and Denmark. With the tech boom of the 1990s, CTG s profile began to rise. The company transitioned from from IT staffing into consulting for all things tech-related, including designing and implementing software and, occasionally, still providing the staff to run these applications. Another decision was made to cut CTG s client list in half, and that seemed like a good idea as CTG s stock price rose to almost $50. But the happy days were over just a few years later. By 2000, CTG had established itself as a solid e-business consultant. Then, of course, the dot-com bubble burst, contracts slowed, and the company had to deal with several quarters of losses. It posted a 27 percent drop in revenue for 2000, including a 92 percent drop in fourth- quarter profits off the same period a year before. By May 2001, the firm s profits were at a five-year low, and for most of 2001 and 2002, the stock was trading in the low single-digit range. In response, CTG concentrated on the sectors in which the firm fared best health care and application management outsourcing. The company also consolidated its Web-focused Zenius, Exemplar and ITCapital units back into one company. CTG cut staff and services, and finally announced it was once again barely profitable in late 2001. Changing direction Naturally, CTG has shifted strategy given the tough economy. The company s putting more emphasis on large contracts IBM has always been CTG s biggest client, representing 20 percent of its business today. Today, the firm offers its clients IT staffing, application management outsourcing, IT consulting and vertical market focuses in health care, retail and life sciences. CTG s health care group is important as one of the few bright spots in the 2002 financials. Revenue from the health care IT practice rose almost 20 percent in 2002. The jump in revenue is likely due to certain regulatory changes that require compliance assessments, which CTG Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 177 C A R E E R L I B R A R Y performs, and to computerized processing programs that are popular with clients. It also acquired Elumen Solutions, a Cincinnati IT consultancy that works with health care providers. (The deal closed in 1999 for $89 million.) Today, Elumen is called CTG HealthCare Solutions, and is a division of CTG. CTG s sensible management is most likely responsible for the fact that the firm has logged a revenue increase, albeit modest, in every quarter since the first quarter of 2002. The company has reported profitability for the past nine financial quarters as well (as of November 2003). Whittling down In terms of management, the company is settling in as well. Gale S. Fitzgerald, the CEO for six years, was ousted in 2000 then sued the company for back pay due (she settled the lawsuit in 2002). Her replacement, Darrell Jennings, lasted less than a year, leaving for personal reasons. James Boldt was promoted from CFO to president in June 2001; less than a month later, he replaced Jennings as CEO. Boldt has held the post since that time. As the turbulence at the upper levels seems to have lessened, so has that at the lower levels. Between mid 2000 and late 2001, CTG had laid off more than 1,500 employees. However, by late 2002, it had begun to increase its headcount once again. CTG currently employs 2,700 staff. GETTING HIRED Know someone who knows someone CTG posts job openings in a database on its web site. Those interested can create job profiles, post their resumes and use search agents to alert them when jobs that meet their interests become available. Yet insiders tell us that referrals from current employees are key. Referrals are a major part of our company, notes one source. My company uses professional, full- time company-employed recruiters. My company also accepts referrals from employees with incentive bonuses for successful hires, says another source. CTG does little college recruiting, as they are looking for seasoned professionals. It does post jobs, as stated above, and first dibs go to current employees the current employees usually have a good chance of getting the position if they are qualified for the job. The company will look outside to fill a posting if it is determined that no current employees have the skills necessary to fill the posting. Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group 2004 Vault Inc. 178 C A R E E R L I B R A R Y Interviews are often conducted via phone, which minimizes possibilities of stereotyping and/or potential for discrimination. After a half-dozen interviews by phone, they were convinced that I could get the job done, assesses one source. One insider reports, I was referred by a friend and had two phone interviews with two of my future supervisors. Once the decision was made to move forward, an offer letter was extended for my review and acceptance. Once this had been completed and returned, I was contacted by HR and had all company information and employment packets sent to me. Another reports undergoing a skills/technical test after an interview with a company recruiter, interview with the practice director and with the consulting director. The dream CTGer What else is the company looking for? Technical prowess and good people skills, according to one source: Applicants will generally be given two phone/personal interviews, to determine both technical and professional eligibility. Such interviews are often conducted by other consultants in the field who may have a better command of technical eligibility and the demands of the work environment. Interviews are intended to determine not only if the applicant is a good fit for the company, but also to determine if the company is a good fit for the applicant. As consultants we are required to be team players. Not only do we need the technical skills to perform the job, we also need the personal skills to work with others to accomplish this. A candidate must also have reliable and solid references. There are internships available, and one former intern says they re useful. They allowed me to work here, go away to school, come back and work, go away to school, etc., for two years. It was very beneficial to me experience-wise, and helped me to get a foot in the door. Salaried employees get medical, dental, vision, short- and long-term disability, and 401(k) CTG matches half of the first 4 percent in the first year, along with half of the next 2 percent thereafter. Vacation ranges from two to four weeks a year, depending on seniority. OUR SURVEY SAYS Home at work Most CTG consultants do their work at client sites, though a handful work from home. There s not a lot of contact with the main office, so culture at CTG is not Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 179 C A R E E R L I B R A R Y very standardized; it could use more of a corporate/formal culture. There is no firm culture, assesses one source. But others find there s a pleasant sense of teamwork at the company. Says one insider, For the most part we are a very tight group and we help each other out whenever possible. Even though we have more of a virtual office, the company is very supportive to each other. I do not feel alone when I am out on the client site, because I know my boss and colleagues are there if I need them, says a consultant. Another consultant finds it a very open environment that allows and mandates individual responsibility while still providing access to the entire knowledge pool. Agrees another source, The people seem nice and eager to work with the customer. I work remotely and have found them to be flexible and willing to work with me. It consistently strives to place its employees in appropriate, challenging and satisfying work experiences, appraises an insider. There do seem to be a few worries among consultants One consultant reports, Consultants are not treated as part of the firm. If a consultant is not on assignment, he is prime for layoff. There was one notable message from the CIO stating that if current consultants that were not on assignment had not been placed in two weeks they would be laid off. As a public company, financials are key we re publicly held, so we re always looking at the quarter outlook instead of the long term, says a knowledgeable source. Managing remotely Supervisors get high marks from employees, though many note that managers are quite hands-off. Being new to the consulting arena, I initially found the lack of supervision uncomfortable. However, once I was familiar with the company operations and expectations, the feeling of discomfort went away, says one source. Another source says I have confidence in my manager for knowing when to depend on the people and not micromanage. The ability to work independently is, by necessity, part of CTG culture. Most of the consultants in this firm do not work out of a central office; instead they work directly at a client site or from a home office, so frequent interaction with my supervisor is not possible. Because my supervisor has never met me, she must rely on the clients comments to judge my performance, notes one insider. That said, managers seem to care about the employees. There is an open door policy and my views are weighed as heavy as anyone within the groups, and we have a great work climate as a result. Many employees are quite enthusiastic about their managers: My supervisors have consistently been available upon demand and have always considered my personal and professional needs with the same degree of Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group 2004 Vault Inc. 180 C A R E E R L I B R A R Y concern, says one consultant. Another cites an example of exceptional caring by managers. My supervisors offered to pay for a course, out of their pockets, when administration would not. Disappearing training Training appears to be a weak point at CTG. The company does not seem progressive in terms of investing in training for its employees as compared to other firms I have worked for, notes one source. Others agree, reporting the budget has been cut the last couple of years. One consultant explains, We are expected to be billable 90 to 100 percent of the time. So any training is done on personal time, or if you are on the bench. All training is done remotely through [computer-based training], or if the company can arrange training at a vendor on an as-needed basis. In addition to computer-based training, one source says there are in-house training sessions from IKON and New Horizons that are tailored to meet our technical needs. A company source says CTG also offers eligible employees tuition money for degree-related college courses or certifications. The ups and downs of flexibility In some ways, it seems work/life balance is much better at CTG than at other firms consultants can often keep travel limited and seek remote work from home, for example, and it s very flexible when family issues arise. In other ways, it s more demanding especially, many consultants say, in how travel is on your own time. Thus, since no travel time is considered for hours, this can make a tight work week. One consultant comments, Traveling for me is eight to 10 hours one way, and this is done every week. Several consultants laud CTG s flexibility. IT environments are typically unstable, unpredictable [workplaces]; I believe that our firm recognizes the efforts required to support unusual working patterns and rewards us with flexibility in our work/life balance, says one consultant. CTG has respected my request to travel approximately 50 percent of the time and not take more responsibility than I am willing to accept, says another source. The flip side of the firm s flexibility is that consultants are expected to be flexible, too: You re often asked last-minute to accept assignments, reports an insider. But perhaps CTG s best-loved perk is the four-day workweek. A four-day week, albeit long days, and three-day weekend is greatly appreciated, says a consultant. Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 181 C A R E E R L I B R A R Y Travel planning At CTG, travel is dependent upon the type of project to which the consultant is assigned. If remote access can be used as a support medium then it is the preferred avenue, therefore requiring minimal travel if any. Other consultants confirm they enjoy light travel schedules, just two to three times a year to satellite offices, or once every few months for two to three days. However, those who do travel aren t too happy with it. More work could be done with clients and offices to assist with dial-in possibilities. Many client dollars are wasted with travel that could be alleviated with creative support of consultants, says one source. Another finds the firm not considerate of travel it wants you to use one airline, even though it may extend your travel by several hours, thus taking away from your personal and family time. Firm diversity The company is said to be a relatively good place for women and minorities. This is actually a non-issue my company hires on skill set alone. That is what gets you in the door, says one source. Minority-wise, our firm represents the current U.S. population, says a source. However, regarding gays/bisexuals/lesbians, they don t recognize this minority as far as benefits are concerned. Nevertheless, says a source, sexual preference has nothing to do with a person s technical abilities, and we are all a tight-knit group regardless of our varying lifestyles. Are these consulting hours? Hours seem fairly reasonable at CTG, with most of those we surveyed working between 40 and 50 hours a week. Again, this is purely dependent on the project assigned. Obviously if there is a system cut over or a go-live date, workload will increase or spike during those activities. However, for the most part work is as balanced as it can be in the IT industry, says an insider. Being on the beach (or the bench, as it s quaintly called at CTG) is said to be rare. The full package Compensation includes profit sharing and what one employee calls tremendous (flexible) health, disability and retirement benefits, a stock purchase plan, a tuition reimbursement plan, a savings bond program, dependent daycare and health reimbursement accounts. Occasionally, gift certificates for work done (American Express gift checks) are thrown in. Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group 2004 Vault Inc. 182 C A R E E R L I B R A R Y I like the way bonus is paid, reports one source. Said likeable bonus is a percent of your billable income based on number of hours within the quarter. The people who work get the bonus. The downside is when the bonus is greatly affected when you have a vacation or other days off in the quarter or you are not billable for the base of 400 hours. Vault Guide to the Top 25 Technology Consulting Firms Computer Task Group Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 183 C A R E E R L I B R A R Y Covansys 32605 W. Twelve Mile Road Farmington Hills, MI 48334-3339 Phone: (248) 288-2088 Fax: (248) 488-2089 www.covansys.com LOCATIONS Farmington Hills, MI (HQ) 23 offices worldwide INDUSTRY SPECIALIZATION Financial Services Healthcare Integration Services Outsourcing Public Sector Retail/Manufacturing Telecom THE STATS Employer Type: Public Company Ticker Symbol: CVNS Stock Exchange: Nasdaq Co-Chair: Ned C. Lautenbach Co-Chair: Rajendra B. Vattikuti President and CEO: Martin C. Clague 2002 Employees: 4,404 2001 Employees: 4,500 2002 Revenue: $383.1 million 2001 Revenue: $404.7 million UPPERS Strong history for an IT consultant DOWNERS Outsourcing group outsourced to India KEY COMPETITORS American Management Systems EDS Keane EMPLOYMENT CONTACT jobsearch.covansys.newjobs.com 2004 Vault Inc. 184 C A R E E R L I B R A R Y THE SCOOP From the Great Lakes to the world Based in Michigan, Covansys was established in 1985 and offers IT consulting and outsourcing. The company specializes in the public sector arena, where it works with 48 state and several local governments on technology and security. The firm s public-sector revenues account for more than one third of Covansys s total sales. It also offers industry specialization in health care, retail/manufacturing, telecom, and financial services. The firm boasts over 500 clients; 90 percent of its business comes from previously satisfied customers. Taking it to the subcontienent The company also runs outsourcing for a number of clients. Outsourcing facilities, under the name Covansys India Private Limited, are set up as a subsidiary of the firm. The subsidiary employs about 1,500 professionals in India, while each client also gets assigned a local project manager for a contact closer to home. Overall, Covansys has 28 locations worldwide, including six development centers throughout India and the United States. Gold stars Recently, Covansys has made Washington Technology magazine s list of top IT providers to public sector (2002 and 2003); and VARBusinesss list of North America s top 500 solution providers (2001 and 2002). In April 2003, IBM gave it the 2002 IBM Americas Business Partner Leadership Award for its work on implementing IBM products for clients. And in November 2002, InfoWorld Media Group listed Covansys among its InfoWorld 100 awardees, which laud technology innovations for the year, for a child support system that Covansys had developed for the state of Indiana. Major clients include the Ford Motor Company, General Motors, Sprint, Henry Ford Health System, and public sector clients in 48 out of 50 states. Change afoot at the top Covansys shifted leadership in October 2002. Ned Lautenbach, the company s co- chair, had been acting CEO for almost a year. He gave up the president and CEO titles to Martin C. Clague, the then-COO. Clague s career took off at IBM, where he worked from 1966 to 1999 in the e-business group. After that, he consulted for Clayton, Dubilier & Rice, which is a New York investment firm that owns almost a quarter of Covansys. Vault Guide to the Top 25 Technology Consulting Firms Covansys Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 185 C A R E E R L I B R A R Y GETTING HIRED Get thee to the Web Aspiring applicants can search for positions and submit their resumes at jobsearch.covansys.newjobs.com. Company benefits include medical, dental, prescription and vision coverage (at low employee cost); a 401(k) that matches 40 cents on the dollar for the first 6 percent; discounts of up to 15 percent on stock; tuition reimbursement; employee referral payments; life, short-term and long-term disability coverage; flexible spending accounts; and vacation based on years of service (18 days after one year, 24 days after five years, and 29 days after 10 years). Vault Guide to the Top 25 Technology Consulting Firms Covansys 2004 Vault Inc. 186 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Covansys [Covansys] boasts over 500 clients; 90 percent of its business comes from previously satisfied customers. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 187 C A R E E R L I B R A R Y GFI Informatique 199 rue Championnet 75018 Paris, France Phone: 33-1-44-85-88-88 Fax: 33-1-44-85-88-89 www.gfi.fr LOCATIONS Paris, France (HQ) 27 offices in other French cities Offices in 13 countries worldwide PRACTICE AREAS Business Consulting Engineering & Systems Integration Outsourcing Software THE STATS Employer Type: Public Company Ticker Symbol: GFI Stock Exchange: Euronext Paris CEO: Jacques Tordjman 2002 Employees: 7,000 2002 Revenue: 554.2 million EUR UPPERS Growing consulting business DOWNERS Limited United States presence KEY COMPETITORS Atos Origin Cap Gemini Ernst & Young EMPLOYMENT CONTACT Catherine Hankiss 199 rue Championnet 75883 Paris Cedex 18 Phone: 33 (0) 1 44 85 88 88 E-mail: gfi.recrutement@gfi.fr www.gfiinformatique.com/french/recr utement/annonces.html 2004 Vault Inc. 188 C A R E E R L I B R A R Y THE SCOOP Many owners, one company GFI Informatique took shape in 1970, providing IT services to French companies. Since then, it s gone through several acquisitions, including some by Scicon International, SD-Scicon, and, in 1991, the American company Electronic Data Systems (EDS). In 1995, the chairman of EDS GFI division launched a management buyout of the company, and renamed it GFI Informatique. Today, Paris, tomorrow Europe! Today, the company is publicly traded on the Paris Stock Exchange, and has more than 7,500 employees in 13 countries. (Operations outside France are called GFI International.) The company, as of 2003, had over 1,000 employees based in Spain and Italy. The company says its next targets are Germany and the U.K. due to the size of their economies. Divvying it up The company focuses on four sectors: financial, industry (including distribution, services, transportation and operations), media/telecom and public sector. While its main operations are in Paris, the company brings in about 40 percent of sales from its operations outside France. GFI possesses four divisions: the consulting group solves theoretical business problems; the engineering and systems integration group, once the sole focus of GFI s business, handles design and implementation of software systems; the software group designs and markets software in areas such as accounting, logistics and time management. Finally, the outsourcing group manages other companies IT systems, a major growth area for the company. GETTING HIRED Guides GFI has two people who guide candidates (read: interview) during the recruitment process. One is an HR professional who evaluates the initial application and discusses the company in general , and the other is a manager or engineer in a specific group, who explains and interviews you about the more technical aspects of the job. Vault Guide to the Top 25 Technology Consulting Firms GFI I nformati que Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 189 C A R E E R L I B R A R Y The company has annual reviews, in which each employee s manager discusses the career path, whether goals have been achieved and performance. Meanwhile, other managers provide peer feedback. GFI lists open jobs at www.gfiinformatique.com/french/recrutement/annonces.html. Candidates may also contact Catherine Hankiss at the Paris address on the left. Vault Guide to the Top 25 Technology Consulting Firms GFI I nformati que 2004 Vault Inc. 190 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms GFI I nformati que GFI has two people who guide candidates (read: interview) during the recruitment process. Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 191 C A R E E R L I B R A R Y SchlumbergerSema 153 E. 53rd St. 57th Floor New York, NY 10022-4624 Phone: (212) 350-9400 Fax: (212) 350-9457 www.schlumbergersema.com LOCATIONS New York, NY (HQ) Paris, France (HQ) The Hague, The Netherlands (HQ) Offices in over 100 countries PRACTICE AREAS Consulting Infrastructure Systems Integration THE STATS Employer Type: Business unit of Schlumberger Ltd. Stock Symbol: SLB Stock Exchange: NYSE Chairman and CEO: Andrew Gould 2002 Employees: 25,000 2001 Employees: 26,500 2002 Revenue: $2.99 billion 2001 Revenue: $2.26 billion UPPERS Interesting work DOWNERS No pay raise in last two years KEY COMPETITORS Accenture IBM Global Services EMPLOYMENT CONTACT www.careers.slb.com 2004 Vault Inc. 192 C A R E E R L I B R A R Y THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Good partner tech and outsourcing. Defense oriented. THE SCOOP Keeping business information well oiled In April 2001, oilfield services company Schlumberger Ltd. acquired IT consultancy Sema and merged the new group with its own Test & Transaction business. The resulting business unit, SchlumbergerSema, provides consulting, systems integration and managed services to clients in over 65 countries, both independently and as a service offering of parent Schlumberger. (Schlumber Ltd. is active in 100 countries.) In addition, SchlumbergerSema has a variety of enterprise and consumer solutions built around secure data transactions. The top officer of the unit is executive vice president Xavier Flinois, who reports to Schlumberger CEO Andrew Gould. Gould ascended to his position in February 2003 when Euan Baird, the previous CEO, retired. SchlumbergerSema brought in revenue just shy of $3 billion in 2002, up 7 percent from the previous year. On September 22, 2003, Schlumberger Ltd. announced plans to sell SchlumbergerSema to Atos Origins. The two firms will be fully integrated in January 2004, according to sources. Doing it with DeXa Infrastructure, big business at SchlumbergerSema, provides the DeXa Suite of Services to manage the task of keeping an enterprise s business systems in tune. The suite includes: DeXa.Net, for secure business communications worldwide; DeXa.Touch, a system of technical self-support options and service desks; DeXa.Host data centers and application hosting; DeXa.Badge, an integrated identity management security system for both data and locations; DeXa.Trust, a sub-suite of firewalls, intrusion monitoring and virtual private networking; and DeXa.Ensure, business continuity and disaster recovery solutions for those times when all of the above aren t enough. DeXa.Ensure has received a fair amount of attention for its importance in helping companies resume operations in the event of facility destruction. Between November 2002 and May 2003, SchlumbergerSema added or extended data recovery and Internet redirection capabilities at business continuity sites in London, Bristol and Wapping in the U.K., as well as at other centers worldwide, including some in the United States. DeXa.Badge has also been a sought after product. In March 2003, Schlumberger announced it was using the service to reinforce security at Nissan Motor Company Vault Guide to the Top 25 Technology Consulting Firms Schl umbergerSema Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 193 C A R E E R L I B R A R Y locations worldwide, with implementation to be complete by the end of 2004. Schlumberger partnered with Australian software developer Protocom in April 2003 to enrich the product s password management functions. Also in April, DeXa.Badge Secure Authentication Solution won the Best Biometric Solution category at the Secure Computing Magazine Awards. DeXa Badge is used by four of the world s five major energy companies. The firm launched its Enterprise Security Solutions business line in June 2003. The line draws from SLB s security-related expertise in consulting and infrastructure, among other areas. Gold medal solutions SchlumbergerSema offers a number of solutions with its consulting practice as well. They range from change management and business process transformation to strategic technology consulting and market overview services. One of the consulting arm s major activities in recent years has been delivering IT systems and solutions to the Olympics as the Worldwide Information Technology Partner. The firm won the Management Consultancies Association (MCA) Best Management Practice Awards 2003 for its work on the 2002 Olympic Winter Games in Salt Lake City, Utah, and is currently working to get Athens ready for the 2004 Olympic Games. It will continue its efforts for the International Olympic Committee through the Games in 2008. Whats going on? In December 2002, SchlumbergerSema received a new strategy from the board of directors of its parent company. The new plan calls for increased focus by all three of its practices on the global energy market, while developing specific regional markets where the odds of success and dominance are favorable. The unit s product offerings, such as smart cards, electricity meters, telecom software and point-of-sales terminals, would be managed separately. The firm also announced some 1,600 SchlumbergerSema layoffs as leftover housekeeping related to the acquisition. In September 2003, the smart cards and terminals product unit took a step towards independence as it announced its new company name, AXALTOS. Mergin time On September 22, 2003, Schlumberger announced it would sell the bulk of its Schlumberger Sema IT business segment to Atos Origin. While the deal is currently pending regulatory and shareholder review, it is expected to close in 2004. Vault Guide to the Top 25 Technology Consulting Firms Schl umbergerSema 2004 Vault Inc. 194 C A R E E R L I B R A R Y GETTING HIRED Where do you want to work? Hiring for SchlumbergerSema is managed through the parent company, with positions filled according to the need of a particular unit. Details, FAQs and a job search are available on Schlumberger s careers page www.careers.slb.com. There are two internship programs in the company with one geared specifically toward non- oilfield personnel. Interns can choose to work at any location where their interests are supported. The first interview is skills-based, and may take place in person, over the phone or by videoconference. If your abilities are a match, you ll be invited in for a team interview. Expect competition when you look for work here; an insider says, Since the situation on the IT market changed, this company got quite selective. Vault Guide to the Top 25 Technology Consulting Firms Schl umbergerSema Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 195 C A R E E R L I B R A R Y Technology Solutions Company 205 N. Michigan Ave., Suite 1500 Chicago, IL 60601 Phone: (312) 228-4500 Fax: (312) 228-4501 www.techsol.com LOCATIONS Chicago, IL (HQ) Atlanta, GA New York, NY PRACTICE AREAS Change Management and Training Customer Relationship Management Enterprise Resource Planning Managed IT Services Specialty Services Supply Chain Management THE STATS Employer Type: Public Company Chairman: John (Jack) R. Purcell CEO: Stephen B. Oresman Stock Exchange: Nasdaq Ticker Symbol: TSCC 2002 Employees: 400 2002 Revenue: $92.4 million UPPERS Established reputation DOWNERS Increasing competition KEY COMPETITORS Accenture BearingPoint Cap Gemini Ernst & Young Deloitte IBM Global Services EMPLOYMENT CONTACT Recruiting Department Phone: (312) 228-4500 E-mail: recruiting@techsol.com 2004 Vault Inc. 196 C A R E E R L I B R A R Y THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING Lante integrator Old school THE SCOOP Meeting technological demands every day Technology Solutions Company (TSC) was established in 1988 by several partners from Arthur Young & Co (a predecessor of Big Four firm Ernst & Young). In the mid-1990s, the firm began to offer implementations of complicated software packages to meet market demand. Its specialty today is installing ERP (enterprise resource planning) systems these are software programs that help businesses forecast and manage areas like customer service, HR or finance. TSC s expertise lies with SAP and PeopleSoft ERP programs. The firm also offers outsourcing, consulting and other IT-focused services, and has done over 2,200 projects for more than 800 clients since its founding. (This number includes 19 of the Dow 30, and 59 of the Fortune 100.) Experienced and dispersed The company s employees all work remotely they re sprinkled throughout the country, and typically work at client sites rather than at one of TSC s offices. According to the company, consultants have, on average, 15 years of work experience: nine years of industry experience plus six years of consulting experience. Those at the project manager/VP level typically have in excess of 21 years of work experience. The firm organizes teams that range from five to 25 consultants who work on projects that can range from a few months to years. GETTING HIRED Online listings TSC says it is looking for proactive, energetic, self-directed, customer- oriented people with lots of industry and technology experience. Benefits include medical, dental, vision, life, business travel accident coverage and short- and long-term disability coverage; flex spending accounts, an employee assistance program,tuition reimbursement and a 401(k) are also included. Tuition reimbursement is currently unavailable. The firm lists job openings at company.monster.com/techsc. Vault Guide to the Top 25 Technology Consulting Firms Technol ogy Sol uti ons Company Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 197 C A R E E R L I B R A R Y TIAX, LLC 15 Acorn Park Cambridge, MA 02140-2328 Phone: (617) 498-5000 www.tiaxllc.com LOCATIONS Cambridge, MA (HQ) Cupertino, CA PRACTICE AREAS Appliance & Building Technology Chemicals and Materials Energy and Power Food Technologies Government Healthcare Transportation/Automotive THE STATS Employer Type: Private Company Founder and President: Kenan Sahin 2002 Employees: 230 UPPERS Varied work Faith in companys president DOWNERS Morale, transitioning problems after ADL bankruptcy Lack of recognition for new name KEY COMPETITORS Altran Corporation Batelle Labs Booz Allen Hamilton IBM Global Services Sarnoff EMPLOYMENT CONTACT David Benoit 15 Acorn Park Cambridge, MA 02140-2328 Phone: (617) 498-6414 E-mail: benoit.david@tiaxllc.com 2004 Vault Inc. 198 C A R E E R L I B R A R Y THE SCOOP TIAX facts TIAX, formed in April 2002 from the now-defunct Arthur D. Little Technology & Innovation group, advises on technology- and innovation-related matters. The firm s 50 R&D labs indicate its focus on new or improved products and processes, and its general practice area includes commercialization, technology optimization, product development, market and technology assesment, and intellectual property monetization and technology management. Making government work better TIAX does a fair amount of government work; practice areas here include defense, energy, homeland security, transportation and health and medicine. Outside of the government sector, offerings are similar: energy and power, appliances and building systems, chemicals and materials, automotive and transportation, consumer products, food service and health care. Under president and founder Kenan Sahin, TIAX was selected as a Technology Pioneer by the World Economic Forum in 2003. Good design, good job TIAX projects can be highly technical, almost esoteric. For example, it won two Good Design Awards from the Chicago Athenaeum for its work during 2002. The winning projects involved designing a shell for Nuvera Fuel Cell s 1kW Hydrogen Power Module, a power source, and designing a pump for Tandem Medical s AutoDose Infusion System, which automates IV drug dispensing. Government projects can be as diverse. In May 2003, TIAX announced several contracts from the Department of Defense. The firm will research subjects like suspension design on four-wheel drive vehicles, using carbon dioxide as a refrigerant in the Army s Environmental Control Units, and whether optical data storage is a reasonable choice for the Army. Other recent government projects include designing a one-hand tourniquet for special ops forces, improving hot food delivery systems for soldiers and determining how California can turn landfills into environmentally responsible electricity. The firm s consumer work involves analyzing products and product lines. Kikkoman, the Japanese food manufacturer and soy sauce pro, hired TIAX in March 2003 to create a new line of grapeseed extract-based products. TIAX experts have also provided delight for calorie-counting consumers; TIAX pros have made Colombo Vault Guide to the Top 25 Technology Consulting Firms TI AX, LLC Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 199 C A R E E R L I B R A R Y frozen yogurt more scoopable, and formulated several tasty weight-loss drinks and formulas for diet company SlimFast. GETTING HIRED Looking for sharp engineers TIAX recruits on campus at selected schools, including top engineering schools in the Northeast, Ivy Leagues and MIT. Referrals and employment ads are another source for applicants. The firm is looking for candidates with BS, MS and Ph.D. degrees. Applicants should be practical, resourceful, committed, excited and able to work on cutting-edge technology, be good problem solvers, self-starters and team players. Grads with a BS degrees start as research analysts, working on idea generation, prototypes, modeling, installation, data gathering and analysis, and reporting. These applicants should have a strong background in engineering (mechanical, chemical, electrical or industrial), computer science, natural sciences or physics. BS, MS or Ph.D. degree holders are asked to e-mail a resume and cover letter to David Benoit, benoit.david@tiax.biz. The company also offers internships, which, according to one past intern, are very good I got my foot in the door and learned a lot. OUR SURVEY SAYS Leadership love TIAX is said to be a very collaborative and team-oriented place with no strict up- or-out policy. Reports a source, Most who advance have post-graduate degrees, but there are many exceptions. Advancement rate depends on performance. The firm is said to devote a lot of attention to work/life balance. The president himself has stated on several occasions that life outside of work is very important, and that personal commitments should not be routinely sacrificed for work, says a source. At a summer company party, he invited spouses of employees to contact him personally if their spouse is getting overly bogged down in work. That sort of attitude seems to win the president a lot of fans. He s said to have expressed a strong commitment to training, an area in which commitment has varied. It may take a year or two to ramp up, notes a source. The president, says another source really values making the world a better place. Vault Guide to the Top 25 Technology Consulting Firms TI AX, LLC 2004 Vault Inc. 200 C A R E E R L I B R A R Y Minimal travel Travel is much less than at typical consulting firms, with traveling of two to four days a month and to client locations when required. Hours depend on the project, usually hovering around 50 when busy, down to 40 when not. Work spikes with each major proposal effort, where hours can get excessive for a week or two at a time. The work environment includes a cafeteria, an employee assistance program, and a starting vacation allowance of three weeks a year. Meanwhile, the office space is nothing fancy, but we do have offices no cubicles! Non-silver lining On the downside, TIAX is continuing to recover from the ADL bankruptcy, and there are still some morale problems among senior staff, and still some transitional issues, including a new name and getting our infrastructure solidified. One respondent finds upper management really conservative caught up with the numbers. Vault Guide to the Top 25 Technology Consulting Firms TI AX, LLC Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 201 C A R E E R L I B R A R Y Xansa 420 Thames Valley Park Drive Thames Valley Park Reading RG6 1PU United Kingdom Phone: +44 (0) 8702 416181 Fax: +44 (0) 8702 426282 LOCATIONS Reading, U.K. (HQ) 21 offices worldwide PRACTICE AREAS Business and Technology Consulting Business Process Outsourcing IT Implementation IT Outsourcing THE STATS Employer Type: Public Company Stock Symbol: XAN Stock Exchange: London Chairman: Bill Alexander 2003 Employees: 4,919 2002 Employees: 5,066 2003 Revenue: $730.2 million 2002 Revenue: $828.6 million UPPERS Flexible and lenient work hours Strong community involvement Very gender-diverse DOWNERS Confused culture Above-average travel requirements Difficult promotion path KEY COMPETITORS Accenture Atos Origin Cap Gemini Ernst & Young EDS IBM Global Services Logica EMPLOYMENT CONTACT http://www.xansa.com/jobs/acrossth eworld 2004 Vault Inc. 202 C A R E E R L I B R A R Y THE BUZZ WHAT CONSULTANTS AT OTHER FIRMS ARE SAYING One to watch Workmanlike Who comes up with these names? THE SCOOP X marks the spot Xansa may not have the oldest or most famous name in technology consulting (at least as far as Americans are concerned), but 5,000 Xansans around the world serve some very well-known clients GlaxoSmithKline, Diageo, Barclays, AXA (an international insurance company), Hitachi and Goodrich rank among its satisfied customers. Founded as Freelance Programmers in 1962 by Dame Stephanie Shirley, the firm was renamed F.I. Group in 1988. That name stuck as the firm acquired several others over the years and made a 1996 public offering, but was changed to Xansa in May 2001. Based in the U.K., the firm derives 91 percent of its business from U.K.-based clients. The U.K.-based company provides business process outsourcing, IT outsourcing and implementation, as well as general business and technology consulting, to clients in banking, insurance, utilities, telecommunications, media, retail and consumer goods, government, pharmaceuticals and aerospace/defense. In addition, Xansa s IT human resources business, Xansa Recruitment, has thrived, doing $87.8 million in business in 2002. Xansa is one of the many technology consulting firms where operations in India play an increasingly important role. The firm has been using Indian offshore support services for over a decade and was one of the first to acquire a branch on the subcontinent. X-treme engagements Xansa has quietly but steadily won some very substantial contracts in recent history. In June 2002, telecommunications services company BT Group hired Xansa for a seven-year business process management project totaling $365 million. The contract included transferring some 570 BT employees in the accounting and finance services department to Xansa. In November 2002, the firm extended its relationship with premium drinks business contractor Diageo with a new agreement to integrate Diageo s business processes supply, purchase, accounting and management reporting for two years and $19 million. In March 2003, the firm picked up a business process management contract with U.K. mobile service provider O2 for $33.2 million. The contract includes implementing of the Oracle 11i e-business suite and creating of new accounting and Vault Guide to the Top 25 Technology Consulting Firms Xansa Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 203 C A R E E R L I B R A R Y finance systems O2 expects to realize cost savings of 25 percent over the five-year term. The plum came in May 2003, when Royal Mail Group (the U.K. s privatized mail service) hired Prism Alliance for a 10-year IT outsourcing deal. Prism Alliance, a Computer Sciences Corp.-led group that includes Xansa and BT, will save Royal Mail a projected $402 million over the life of the agreement. Xansa s share of the $2.4 billion contract is estimated at $289 million. Of the more than 1,700 Royal Mail personnel who will be transferred out under the agreement, 220 will join Xansa. Current management Alistair Cox, the firm s CEO, joined the company and the board of directors in August 2002. Cox, an ex-McKinsey consultant and engineer who most recently served as Asia regional president for building-materials company Lafarge, took the reins from Hilary Cropper, Xansa s executive chairman since January 2000 and former CEO. She has since retired. Further changes occurred in March 2003. Jo Connell, executive director, retired from the board and the company after 25 years of service. She had served as managing director until January 2003, after which she oversaw organizational changes that included her departure. Also retiring was David Tebbs, former chairman of Druid Group, who joined Xansa when the firm acquired his company in March 2000. As these two officers left, Xansa announced the appointment of Lord Wilson of Dinton GCB (formerly Sir Richard Wilson) as a nonexecutive director. Wilson is Master of Emmanuel College at Cambridge and had served as the U.K. s Secretary of the Cabinet and Head of the Home Civil Service. In May 2002, Consuelo Brook, formerly Managing Director of Merrill Lynch Investment Managers was appointed as a nonexecutive director to the board. GETTING HIRED Becoming an X-man (or X-woman) According to an insider, Xansa s sources of new talent include Employee referrals, national advertisements or select preferred agencies. A British consultant describes the process: I filed a graduate application form and was invited for an initial interview and verbal/numeracy tests. I then had a day at a Xansa office where I had another interview, some written and team work exercises. Vault Guide to the Top 25 Technology Consulting Firms Xansa 2004 Vault Inc. 204 C A R E E R L I B R A R Y Xansa s careers page includes a search utility covering 10 separate regions where the company operates, and a description of the benefits and compensation package. The search includes specific contact information for the appropriate Xansa contact. As of October 2003, most open positions were based in the U.K. and India. OUR SURVEY SAYS Mixing it up Overall, our sources at Xansa are pleased with their ability to have a life outside of work. According to one consultant, the company has flexible working patterns for those with additional commitments. However, another insider notes, Work/life balance is very dependent on the work you are involved with. If you are on a project that is about to go live, extensive hours and weekends may be required. On the other hand, there may be periods on the bench (not working) or when a greater flexibility is possible. Respondents indicate very lenient work hours, averaging 40-50 per week, but the travel requirements can be stiff. One source indicates she puts in an additional 15- 20 hours in travel time. One consultant, currently assigned internally, says, I would be expected to work away from home up to five days a week, depending on the client site. Another insider takes a more philosophical tone. The nature of consultancy means that you have to be flexible. I have been lucky not to have to work away through the week very often, but regularly spend over four hours a day driving to/from client premises. The firm is involved in community projects. One says, 1 percent of our pretax profit is used to support organizations working with the homeless. Another says, We help various community projects around each of the local offices, generally the underprivileged, or schools/young enterprise projects. The X factor: new colleagues The major source of uncertainty at Xansa, oddly, is the influx of new blood from mergers and outsourcing deals. One source calls the culture confused, owing to mixed employee basis following several acquisitions. Another says, The culture has changed recently due to the merger/rebrand as Xansa and the redundancies that accompanied that. One source looks forward to the future: The last year of redundancy and general slow-down in the IT industry has made it very difficult. I look forward to seeing the changes that our new CEO is going to put in place. Vault Guide to the Top 25 Technology Consulting Firms Xansa Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 205 C A R E E R L I B R A R Y Pay is an issue as well, but not a huge one. A source tells us, Management bonus schemes have failed to pay out for three of the four years that I have been with the company. (The company paid bonuses to eligible staff in June 2003.) The new CEO has plans to change these schemes to something where the individual can directly influence their achievement of bonus targets. Another person notes, I feel that I am underpaid for the role that I perform when compared to other companies, however I know that this is not necessarily the case across the whole of Xansa. Employees do mention a sizable list of benefits and perks, including pension, healthcare and life insurance as well as share save schemes. Climbing the ladder While mergers have moved people around, movement within the firm does not appear to be particularly rapid. One person calls the promotion process unclear. One cannot expect to advance quickly. Another consultant says, Promotion is not easy to achieve there has to be a vacancy at the next level; some levels require presentation to senior management or board level approval. A colleague points out, Xansa is selective with the people that it employs, so most are similarly educated. I have found that promotion tends to come with the length of time you have been around rather than ability, although promotions are not given if the person is underperforming. She adds, To get to higher positions, you have to be very proactive and work your way up. Gender parity Xansa gets unusually positive press on gender issues, and for good reason. One source notes, The company was founded by a woman and a significant proportion of the senior management is female. Another says, I have found that men and women are treated equally, and employed for ability not sex. Many of our board members are female. Not my favorite kind of mobility Not all mobility is upwards; sources indicate a number of layoffs in the past year. Estimates range from in the region of 450 to 1,000. The most descriptive estimate is, We lost about 600 people this year. This has partly due to the economy, but also necessary restructuring/removing duplicate job positions following the merger in May 2001. Xansa says that its streamlining program, during which the company reduced its numbers by approximately 500, was completed in 2003, and that the firm did not merge with other companies rather, after the acquisition of other companies, FI Group was rebranded Xansa in 2001. Vault Guide to the Top 25 Technology Consulting Firms Xansa 2004 Vault Inc. 206 C A R E E R L I B R A R Y APPENDIX Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 207 C A R E E R L I B R A R Y Vault Guide to the Top 25 Technology Consulting Firms Appendi x Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 209 C A R E E R L I B R A R Y Index of Firms Alphabetical list of firms Accenture . . . . . . . . . . . . . . . . . . . . .36 Alliance Consulting Group . . . . . . .162 American Management Systems . . .110 Aquent . . . . . . . . . . . . . . . . . . . . . . .164 Atos Origin . . . . . . . . . . . . . . . . . . . .154 BearingPoint . . . . . . . . . . . . . . . . . . .50 Cap Gemini Ernst & Young . . . . . . .44 CIBER . . . . . . . . . . . . . . . . . . . . . . .168 Commerce One Global Services . . .172 Computer Sciences Corporation . . .80 Computer Task Group . . . . . . . . . . .176 Covansys . . . . . . . . . . . . . . . . . . . . .184 Deloitte . . . . . . . . . . . . . . . . . . . . . . .28 DiamondCluster International . . . . .96 EDS . . . . . . . . . . . . . . . . . . . . . . . . .74 Fujitsu Consulting/DMR Consulting . . . . . . . . . . . . . . . . . . .158 GFI Informatique . . . . . . . . . . . . . . .188 IBM Global Services . . . . . . . . . . . .20 Infosys Business Consulting Services . . . . . . . . . . . . . . . . . . . . .106 Keane . . . . . . . . . . . . . . . . . . . . . . . .62 LogicaCMG. . . . . . . . . . . . . . . . . . . .86 META Group . . . . . . . . . . . . . . . . . .92 PA Consulting . . . . . . . . . . . . . . . . .118 Perot Systems . . . . . . . . . . . . . . . . . .58 SAIC/Telcordia Technologies . . . . .126 Sapient . . . . . . . . . . . . . . . . . . . . . . .66 SBI and Company . . . . . . . . . . . . . .150 SchlumbergerSema . . . . . . . . . . . . .192 Syntegra . . . . . . . . . . . . . . . . . . . . . .142 Tata Consulting . . . . . . . . . . . . . . . .134 Technology Solutions Company . . .196 Tiax, LLC . . . . . . . . . . . . . . . . . . . . .198 Titan Corporation . . . . . . . . . . . . . . .138 T-Systems . . . . . . . . . . . . . . . . . . . . .146 Wipro . . . . . . . . . . . . . . . . . . . . . . . .130 Xansa . . . . . . . . . . . . . . . . . . . . . . . .202 Firms with non-U.S. headquarters Atos Origin . . . . . . . . . . . . . . . . . . . .154 GFI Informatique . . . . . . . . . . . . . . .188 Infosys Business Consulting Services . . . . . . . . . . . . . . . . . . . . .106 LogicaCMG . . . . . . . . . . . . . . . . . . .86 PA Consulting Group . . . . . . . . . . . .118 SchlumbergerSema . . . . . . . . . . . . .192 Syntegra . . . . . . . . . . . . . . . . . . . . . .142 Tata Consulting . . . . . . . . . . . . . . . .134 T-Systems . . . . . . . . . . . . . . . . . . . . .146 Wipro . . . . . . . . . . . . . . . . . . . . . . . .130 Xansa . . . . . . . . . . . . . . . . . . . . . . . .202 Firms with U.S. headquarters Accenture . . . . . . . . . . . . . . . . . . . . .36 Alliance Consulting Group . . . . . . .162 American Management Systems . . .110 Aquent . . . . . . . . . . . . . . . . . . . . . . .164 BearingPoint . . . . . . . . . . . . . . . . . . .50 Cap Gemini Ernst & Young . . . . . . .44 CIBER . . . . . . . . . . . . . . . . . . . . . . .168 Commerce One Global Services . . .172 Computer Sciences Corporation . . .80 Computer Task Group . . . . . . . . . . .76 Covansys . . . . . . . . . . . . . . . . . . . . .184 Deloitte 28 DiamondCluster International . . . . .96 EDS . . . . . . . . . . . . . . . . . . . . . . . . .74 Fujitsu Consulting/DMR Consulting . . . . . . . . . . . . . . . . . . .158 IBM Global Services . . . . . . . . . . . .20 Keane . . . . . . . . . . . . . . . . . . . . . . . .62 META Group . . . . . . . . . . . . . . . . . .92 Perot Systems . . . . . . . . . . . . . . . . . .58 Vault Guide to the Top 25 Technology Consulting Firms Appendi x 2003 Vault Inc. 210 C A R E E R L I B R A R Y SAIC/Telcordia Technologies . . . . .126 Sapient . . . . . . . . . . . . . . . . . . . . . . .66 SBI and Company . . . . . . . . . . . . . .150 Technology Solutions Company . . .196 Tiax, LLC . . . . . . . . . . . . . . . . . . . . .198 Titan Corporation . . . . . . . . . . . . . . .138 Public Firms Accenture . . . . . . . . . . . . . . . . . . . . .36 American Management Systems . . .110 Atos Origin . . . . . . . . . . . . . . . . . . . .154 BearingPoint . . . . . . . . . . . . . . . . . . .50 Cap Gemini Ernst & Young . . . . . . .44 CIBER . . . . . . . . . . . . . . . . . . . . . . .168 Commerce One Global Services . . .172 Computer Sciences Corporation . . .80 Computer Task Group . . . . . . . . . . .176 Covansys . . . . . . . . . . . . . . . . . . . . .184 DiamondCluster International . . . . .96 EDS . . . . . . . . . . . . . . . . . . . . . . . . .74 GFI Informatique . . . . . . . . . . . . . . .188 Infosys Business Consulting Services . . . . . . . . . . . . . . . . . . . . .106 Keane . . . . . . . . . . . . . . . . . . . . . . . .62 LogicaCMG. . . . . . . . . . . . . . . . . . . .86 PA Consulting . . . . . . . . . . . . . . . . .118 Perot Systems . . . . . . . . . . . . . . . . . .58 SAIC/Telcordia Technologies . . . . .126 SBI and Company . . . . . . . . . . . . . .150 Titan Corporation . . . . . . . . . . . . . . .138 Wipro . . . . . . . . . . . . . . . . . . . . . . . .130 Xansa . . . . . . . . . . . . . . . . . . . . . . . .202 Private Firms Aquent . . . . . . . . . . . . . . . . . . . . . . .164 PA Consulting . . . . . . . . . . . . . . . . .118 SBI and Company . . . . . . . . . . . . . .150 Tata Consulting . . . . . . . . . . . . . . . .134 Tiax, LLC . . . . . . . . . . . . . . . . . . . . .198 Firms that are subsidiaries of larger companies Alliance Consulting Group . . . . . . .162 Deloitte . . . . . . . . . . . . . . . . . . . . . . .28 Fujitsu Consulting/DMR . . . . . . . . .158 IBM Global Services . . . . . . . . . . . .20 SAIC/Telcordia Technologies . . . . .126 SchlumbergerSema . . . . . . . . . . . . .192 Syntegra . . . . . . . . . . . . . . . . . . . . . .142 T-Systems . . . . . . . . . . . . . . . . . . . . .146 Visit the Vault Consulting Career Channel at http://consulting.vault.com with insider firm profiles, message boards, the Vault Consulting Job Board and more. 211 C A R E E R L I B R A R Y Stephanie Clifford Stephanie Clifford, a New York-based writer and Harvard graduate, has contributed to publications such as Time, US Weekly, Inc., and Business 2.0. Marshall Lager Marshall Lager has been a writer and journalist since 1994. About the Author VAULTCAREERGUIDES GET THE INSIDE SCOOP ON TOP JOBS Vault guides and employer profiles have been published since 1997 and are the premier source of insider information on careers. Each year, Vault surveys and interviews thousands of employees to give readers the inside scoop on industries and specific employers to help them get the jobs they want. To get the un- varnished scoop, check out Vault SMARTMONEY MAGAZINE Cliffs Notes for Careers FORBES MAGAZINE