PA Consulting Group is pleased to announce that it has acquired 7Safe Ltd, a leading cyber security consultancy head-quartered in Cambridge. 7Safe's expertise in security risk assessment, computer forensics, eDiscovery and educationcomplements PA's own long-established cyber security, risk and resiliencecapability, which has been in high demand in securing the businesses of both public and private sector clients.
The acquisition of 7Safemeans that PA now offers amarket-leading, end-to-end cyber security service - helping organisations become more secure while making the most of the opportunities that cyberspace presents.7Safe's deep testing and forensic skills will complement PA's wider cyber security experience andexpertise.
Jon Moynihan, Executive Chairman at PA Consulting Group, stated: "We are very pleased that 7Safe has chosen to join PA, thus rounding out our already extensive set of capabilities in cyber security. 7Safe are our kind of people; they have the same highly professional, ethical and people-focused approach to business as PA. The combination of the two businesses will enable us to meet all of our clients' cyber security needs. We are delighted to welcome 7Safe into the PA group."
Alan Phillips, co-founder of 7Safe, says:"We are all excited by the opportunities that this provides to better help our clients. Cyberspace offers great opportunities for businesses; we can help ensure that their operations are conducted safely and with resilience. PA has an enviable market reputation for delivering cyber security solutions. We are delighted to join forces to provide an integrated range of cybersecurity services to clients."
Neira Jones, Head of Payment Security, Barclaycard, says: "Barclaycard and 7Safe have been working together for over four years, ensuring the security of online payments around the world from all of our global partners. We look forward to working with PA and 7Safe in the future, as they bring together both specialist technical capabilities and wider cyber security, IT, management and technology expertise."
7Safe formally became part of the PA Group of companies on 1 January 2012.
For more information, visit http://www.paconsulting.com/cybersecurity.
About PA Consulting Group
We are a firm of more than 2,000 people, specialising in management and IT consulting, technology and innovation. Independent and employee-owned, we operate globally from offices across Europe and the Nordics, the United States, the Gulf and Asia Pacific.
We work with businesses and governments to anticipate, understand and meet the challenges they face. We have outstanding technology-development capability and a unique breadth of skills, from strategy to performance improvement, from HR to IT. Our expertise covers energy, financial services, life sciences and healthcare, government and public services, defence and security, transport and logistics, telecommunications, consumer goods and automotive
PA has extensive experience working closely with our clients in both the public and private sectors at the forefront of cyber security. From world-leading energy firms to major government departments, we help organisations significantly strengthen security and reduce risk - and ultimately, improve business performance. We take an integrated and practical approach to cyber security, bringing together people, organisational and technical elements to create an effective strategy for protecting business assets.
About 7Safe
7Safe is aleading technical cyber consulting company, which specialises in penetration testing, forensics, e-Discovery, PCI DSS and MSc-accredited education. It is one of Barclaycard's preferred data security auditors, helped the Association of Chief Police Officers author its guidance on forensics and provides specialist training into some of the most sensitive parts of UK government.
The deal was originated and managed by Baker Tilly's Corporate Finance team, led by Tom Gallop.
Showing posts with label PA Consulting. Show all posts
Showing posts with label PA Consulting. Show all posts
Friday, January 13, 2012
Tuesday, December 6, 2011
PA Consulting Group's "Managing Uncertainty" Survey Provides Lessons for Business Leaders for the Next Emerging Crisis
As the global economy heads back into crisis, business leaders are focusing on what they need to do to succeed in uncertain times. Most companies had the wrong overall approach to the previous crisis; these companies need to change their mind-set now to prepare for the emerging crisis.
The challenge is that the dynamics of a balance-sheet recession are different from those of a traditional inventory-cycle recession, making it difficult to know how to react. PA Consulting Group's Managing Uncertainty Survey provides lessons from the last crisis to help prepare for the uncertain future. The survey asked over 200 global business leaders how they had responded to the financial crisis and what actions had proven most effective. The analysis establishes which actions added value and which did not.
The survey shows that most companies then were too cost focused, too slow to react and too passive. The most common response was the conventional response to recession - battening down the hatches and waiting for business as usual to return -- which is a formula for failure.
By contrast, the highest performing companies (as measured by total shareholder value) responded faster than their competitors, cut out inefficiency while protecting competitive advantage, and planned to come out of the crisis with a sustainably higher market share then when they went in. Only a third of companies saw the 2008 financial crisis as an opportunity, but those that did had a higher total shareholder return (TSR) by 10%. The survey shows that decisions made quicker during a financial crisis are better. Companies that made quick decisions had a higher TSR by 13%.
PA Consulting's survey also shows that those companies which decided to make drastic cuts actually performed worse than those adopting a moderate approach to cost cutting; in fact, the survey demonstrates that companies who cut costs so extensively that they slashed staff had a 10% lower TSR than those that contained or avoided staff cuts.
According to the survey, losers in the last recession have been too cost focused, too slow to respond and too passive. So what should companies do in the next balance-sheet recession?
Four key lessons for business leaders:
-- avoid drastic, panic reaction cost cutting; cut costs in a focused and
measured way
-- prepare ahead of time: develop contingency plans and secure financing -
if possible, "offensive liquidity," but at least "defensive liquidity"
-- make sure that your business is not carrying baggage -- don't be forced
to make fire sales at the lowest point of the economic cycle
-- take the opportunities - acquisitive and organic - to gain share in key
markets
Mark Thomas, business strategy expert at PA Consulting Group, noted: "Just as politicians are beginning to realize that their natural response to the financial crisis has been inadequate, many companies are discovering that the conventional response to recession guarantees that a business will lose. The reason for the failure of these conventional management strategies is that they are designed for conventional inventory-cycle recessions - and a balance-sheet recession is a completely different beast."
"The highest-performing companies took a different approach: they identified the crisis early and responded quickly," said Thomas. "They had a moderate approach to cost reduction, and they looked beyond this to focus on the opportunities to get ahead. A fundamentally different approach is what produces the highest performance, and this needs to be heeded by companies in this economic downturn."
According to the survey, most companies took 18 months to understand the global financial crisis and then act in response, and they performed worse than those who acted quickly; while the minority who saw the crisis as a time to gain market share performed very strongly. Analyzing the survey results and learning from the mistakes made in the past is the best way to avoid making them in the future.
About the survey
PA Consulting Group surveyed 205 c-level and director-level representatives of companies across the world. The analysis has been produced using the survey data and also by comparing responses against total shareholder return (TSR) for listed respondents (92 in total). As TSR looks at the value the market places on a company's stocks and shares over time, it is a good measure of medium and long-term performance. We have used data from the period 2007 to 2010 to cover the main timeline of the financial crisis. For more information about the survey, visit www.paconsulting.com/managinguncertainty.
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, PA Consulting operates globally in more than 30 countries and transforms the performance of major organizations in both private and public sectors. From initial idea generation and strategy development through to detailed implementation, PA Consulting delivers significant and tangible results. PA Consulting has outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare and manufacturing. For more information about PA Consulting Group, please visit www.paconsulting.com.
The challenge is that the dynamics of a balance-sheet recession are different from those of a traditional inventory-cycle recession, making it difficult to know how to react. PA Consulting Group's Managing Uncertainty Survey provides lessons from the last crisis to help prepare for the uncertain future. The survey asked over 200 global business leaders how they had responded to the financial crisis and what actions had proven most effective. The analysis establishes which actions added value and which did not.
The survey shows that most companies then were too cost focused, too slow to react and too passive. The most common response was the conventional response to recession - battening down the hatches and waiting for business as usual to return -- which is a formula for failure.
By contrast, the highest performing companies (as measured by total shareholder value) responded faster than their competitors, cut out inefficiency while protecting competitive advantage, and planned to come out of the crisis with a sustainably higher market share then when they went in. Only a third of companies saw the 2008 financial crisis as an opportunity, but those that did had a higher total shareholder return (TSR) by 10%. The survey shows that decisions made quicker during a financial crisis are better. Companies that made quick decisions had a higher TSR by 13%.
PA Consulting's survey also shows that those companies which decided to make drastic cuts actually performed worse than those adopting a moderate approach to cost cutting; in fact, the survey demonstrates that companies who cut costs so extensively that they slashed staff had a 10% lower TSR than those that contained or avoided staff cuts.
According to the survey, losers in the last recession have been too cost focused, too slow to respond and too passive. So what should companies do in the next balance-sheet recession?
Four key lessons for business leaders:
-- avoid drastic, panic reaction cost cutting; cut costs in a focused and
measured way
-- prepare ahead of time: develop contingency plans and secure financing -
if possible, "offensive liquidity," but at least "defensive liquidity"
-- make sure that your business is not carrying baggage -- don't be forced
to make fire sales at the lowest point of the economic cycle
-- take the opportunities - acquisitive and organic - to gain share in key
markets
Mark Thomas, business strategy expert at PA Consulting Group, noted: "Just as politicians are beginning to realize that their natural response to the financial crisis has been inadequate, many companies are discovering that the conventional response to recession guarantees that a business will lose. The reason for the failure of these conventional management strategies is that they are designed for conventional inventory-cycle recessions - and a balance-sheet recession is a completely different beast."
"The highest-performing companies took a different approach: they identified the crisis early and responded quickly," said Thomas. "They had a moderate approach to cost reduction, and they looked beyond this to focus on the opportunities to get ahead. A fundamentally different approach is what produces the highest performance, and this needs to be heeded by companies in this economic downturn."
According to the survey, most companies took 18 months to understand the global financial crisis and then act in response, and they performed worse than those who acted quickly; while the minority who saw the crisis as a time to gain market share performed very strongly. Analyzing the survey results and learning from the mistakes made in the past is the best way to avoid making them in the future.
About the survey
PA Consulting Group surveyed 205 c-level and director-level representatives of companies across the world. The analysis has been produced using the survey data and also by comparing responses against total shareholder return (TSR) for listed respondents (92 in total). As TSR looks at the value the market places on a company's stocks and shares over time, it is a good measure of medium and long-term performance. We have used data from the period 2007 to 2010 to cover the main timeline of the financial crisis. For more information about the survey, visit www.paconsulting.com/managinguncertainty.
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, PA Consulting operates globally in more than 30 countries and transforms the performance of major organizations in both private and public sectors. From initial idea generation and strategy development through to detailed implementation, PA Consulting delivers significant and tangible results. PA Consulting has outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare and manufacturing. For more information about PA Consulting Group, please visit www.paconsulting.com.
Thursday, November 17, 2011
PA Consulting Group Recognizes North American Utilities for Excellence in Reliability and Customer Service at ReliabilityOne & ServiceOne Awards
PA Consulting Group announced the recipients of its annual ReliabilityOne(TM) and ServiceOne Awards - widely respected as prestigious honors of the electric utility industry - at a reception at 7 World Trade Center in New York, before an audience that included senior management at leading utilities, industry regulators and energy industry experts. PA Consulting Group's ReliabilityOne(TM) awards recognize electric utilities for providing their customers with the highest levels of reliability in the industry, while the ServiceOne awards recognize companies for providing exceptional service to their customers.
ReliabilityOne(TM) Awards
PA Consulting Group recognized five Regional ReliabilityOne(TM) winners from utilities across the US. The selections were based on overall system wide performance in both outage duration and frequency. PA Consulting awarded its annual National ReliabilityOne(TM) Excellence Award to one of its regional winners that demonstrated sustained leadership, innovation and achievement in the area of electric reliability.
This year's National ReliabilityOne(TM) Excellence Award was presented to: Consolidated Edison Company of New York. Con Edison provides electric service to more than 3 million customers in New York City and most of Westchester County, and provides natural gas service in Manhattan, the Bronx, and parts of Queens and Westchester. Con Edison also owns and operates the world's largest district steam system, providing steam service in most of Manhattan.
This year's five Regional ReliabilityOne(TM) awards recipients are:
-- Northeast - Con Edison
-- Mid-Atlantic - Public Service Electric & Gas Company
-- Midwest - We Energies
-- Plains - Kansas City Power & Light Company
-- West - San Diego Gas & Electric
This year's Overall Outstanding System-Wide Reliability Performance Winner: Con Edison
Con Edison's average customer experienced outages of just 20 minutes for the entire year -- this is 85% better than the industry average.
This year's winner for Outstanding Response to a Major Outage Event: Public Service Electric & Gas Company
PSE&G's response to the storm of March 13, 2010, categorized as the worst in the company's history, was extremely well managed and effective. Due to proficient planning and proactive communication, PSE&G's restoration efforts were a success.
The electric industry is facing significant investment needs associated with aging infrastructure coupled with rate pressures related to the current economic slowdown that are testing management's skill and creativity, according to Jeff Lewis, PA Consulting Group's ReliabilityOne(TM) Program Director. "In the face of these challenges, these organizations have maintained the highest levels of reliability for their customers. Each ReliabilityOne(TM) award recipient has demonstrated outstanding performance in reliability and restoration and has created a strong organizational culture focused on reliability."
Polaris ServiceOne Awards
PA Consulting Group also recognized those utilities that excel in the area of customer service and care with the presentation of the ServiceOne Awards.
This year's recipient of the ServiceOne Award is Florida Power & Light.
Florida Power & Light - an eight-time award winner - serves 4.5 million customers throughout Florida and is one of the largest rate-regulated utilities in the United States.
This year's ServiceOne Balanced Scorecard Achievement Award recipients are:
-- Contact Center - Florida Power & Light
-- Field Service - Florida Power & Light
-- Meter Reading - DTE Energy
-- Meter Reading - Florida Power & Light
-- Billing - Florida Power & Light
-- Payment - Commonwealth Edison
-- Credit & Collections - San Diego & Gas Electric
-- Revenue Assurance - Xcel Energy
ServiceOne Awards recognize companies for providing exceptional service to their customers as determined by a set of 25 measures of excellence. ServiceOne Balanced Scorecard Achievement Awards recognize companies that provide outstanding performance within selected areas of Customer Service. While PA Consulting Group administers the Polaris ServiceOne program, an advisory committee consisting of members within the Polaris program provides advice regarding its content and criteria.
"Leading customer service organizations achieve success by empowering their employees to put their customer's needs at the front of everything they do," said Gregg Edeson, PA Consulting Group's ServiceOne Program Director. "The companies who have been named ServiceOne award winners for customer service have set the standard in the energy utilities industry by enabling staff with the information, tools and leadership necessary to foster a customer service-oriented culture."
For more information on PA Consulting Group's work in the US energy market, visit www.paconsulting.com/energy .
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, PA Consulting operates globally in more than 30 countries and transforms the performance of major organizations in both private and public sectors. From initial idea generation and strategy development through to detailed implementation, PA Consulting delivers significant and tangible results. PA Consulting has outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare, international development, manufacturing and water. For more information about PA Consulting Group, please visit www.paconsulting.com.
ReliabilityOne(TM) Awards
PA Consulting Group recognized five Regional ReliabilityOne(TM) winners from utilities across the US. The selections were based on overall system wide performance in both outage duration and frequency. PA Consulting awarded its annual National ReliabilityOne(TM) Excellence Award to one of its regional winners that demonstrated sustained leadership, innovation and achievement in the area of electric reliability.
This year's National ReliabilityOne(TM) Excellence Award was presented to: Consolidated Edison Company of New York. Con Edison provides electric service to more than 3 million customers in New York City and most of Westchester County, and provides natural gas service in Manhattan, the Bronx, and parts of Queens and Westchester. Con Edison also owns and operates the world's largest district steam system, providing steam service in most of Manhattan.
This year's five Regional ReliabilityOne(TM) awards recipients are:
-- Northeast - Con Edison
-- Mid-Atlantic - Public Service Electric & Gas Company
-- Midwest - We Energies
-- Plains - Kansas City Power & Light Company
-- West - San Diego Gas & Electric
This year's Overall Outstanding System-Wide Reliability Performance Winner: Con Edison
Con Edison's average customer experienced outages of just 20 minutes for the entire year -- this is 85% better than the industry average.
This year's winner for Outstanding Response to a Major Outage Event: Public Service Electric & Gas Company
PSE&G's response to the storm of March 13, 2010, categorized as the worst in the company's history, was extremely well managed and effective. Due to proficient planning and proactive communication, PSE&G's restoration efforts were a success.
The electric industry is facing significant investment needs associated with aging infrastructure coupled with rate pressures related to the current economic slowdown that are testing management's skill and creativity, according to Jeff Lewis, PA Consulting Group's ReliabilityOne(TM) Program Director. "In the face of these challenges, these organizations have maintained the highest levels of reliability for their customers. Each ReliabilityOne(TM) award recipient has demonstrated outstanding performance in reliability and restoration and has created a strong organizational culture focused on reliability."
Polaris ServiceOne Awards
PA Consulting Group also recognized those utilities that excel in the area of customer service and care with the presentation of the ServiceOne Awards.
This year's recipient of the ServiceOne Award is Florida Power & Light.
Florida Power & Light - an eight-time award winner - serves 4.5 million customers throughout Florida and is one of the largest rate-regulated utilities in the United States.
This year's ServiceOne Balanced Scorecard Achievement Award recipients are:
-- Contact Center - Florida Power & Light
-- Field Service - Florida Power & Light
-- Meter Reading - DTE Energy
-- Meter Reading - Florida Power & Light
-- Billing - Florida Power & Light
-- Payment - Commonwealth Edison
-- Credit & Collections - San Diego & Gas Electric
-- Revenue Assurance - Xcel Energy
ServiceOne Awards recognize companies for providing exceptional service to their customers as determined by a set of 25 measures of excellence. ServiceOne Balanced Scorecard Achievement Awards recognize companies that provide outstanding performance within selected areas of Customer Service. While PA Consulting Group administers the Polaris ServiceOne program, an advisory committee consisting of members within the Polaris program provides advice regarding its content and criteria.
"Leading customer service organizations achieve success by empowering their employees to put their customer's needs at the front of everything they do," said Gregg Edeson, PA Consulting Group's ServiceOne Program Director. "The companies who have been named ServiceOne award winners for customer service have set the standard in the energy utilities industry by enabling staff with the information, tools and leadership necessary to foster a customer service-oriented culture."
For more information on PA Consulting Group's work in the US energy market, visit www.paconsulting.com/energy .
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, PA Consulting operates globally in more than 30 countries and transforms the performance of major organizations in both private and public sectors. From initial idea generation and strategy development through to detailed implementation, PA Consulting delivers significant and tangible results. PA Consulting has outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare, international development, manufacturing and water. For more information about PA Consulting Group, please visit www.paconsulting.com.
Tuesday, September 20, 2011
PA Consulting Group and Ubisense Transform Operations at a Major US Utility
PA Consulting Group announced that it is working with Ubisense to deliver a comprehensive operational support system for a US electric and gas utility serving more than one million customers.
The companies are working together to implement GE’s geospatial product suite to support electric and gas operations. The products, including GE Smallworld Core Spatial Technology, GE Smallworld Electric Office, GE Gas Distribution Office and PowerOn, will be rolled out incrementally over a 14-month period. The solutions are targeted to support more than 1,000 employees and external contractors and will enable the utility to improve safety, service and reliability across its 6,000 square-mile service area.
PA Consulting is serving as program manager for this extensive set of projects and will be responsible for ensuring that the projects are delivered on-time, within budget and fully achieve the utility’s objectives. Ubisense is serving as technical lead for the program and is responsible for product implementation, integration and training.
Ross Smith, PA Consulting’s Program Executive for this effort and co-author of GE’s Geospatial Network Inventory ROI Handbook commented, “Implementing a project of this size is a significant undertaking that requires careful oversight and change management. We will be replacing systems and processes that have been in use at the utility for decades. We understand how to manage change of this magnitude and will ensure a smooth transition to greater IT-enabled and streamlined operations.”
“We are already seeing the impact this solution will make on this utility’s operations. The solutions we are implementing are the best fit for this customer and our team has the right experience to ensure the customer fully benefits from this powerful technology,” said Dave Harris, Ubisense Vice President and General Manager and principal-in-charge for the project.
PA Consulting and Ubisense have successfully worked together to deliver a similar solution for a major cable operator. The companies form a strong team, bringing deep technical, sector and management expertise to their customers.
The companies are working together to implement GE’s geospatial product suite to support electric and gas operations. The products, including GE Smallworld Core Spatial Technology, GE Smallworld Electric Office, GE Gas Distribution Office and PowerOn, will be rolled out incrementally over a 14-month period. The solutions are targeted to support more than 1,000 employees and external contractors and will enable the utility to improve safety, service and reliability across its 6,000 square-mile service area.
PA Consulting is serving as program manager for this extensive set of projects and will be responsible for ensuring that the projects are delivered on-time, within budget and fully achieve the utility’s objectives. Ubisense is serving as technical lead for the program and is responsible for product implementation, integration and training.
Ross Smith, PA Consulting’s Program Executive for this effort and co-author of GE’s Geospatial Network Inventory ROI Handbook commented, “Implementing a project of this size is a significant undertaking that requires careful oversight and change management. We will be replacing systems and processes that have been in use at the utility for decades. We understand how to manage change of this magnitude and will ensure a smooth transition to greater IT-enabled and streamlined operations.”
“We are already seeing the impact this solution will make on this utility’s operations. The solutions we are implementing are the best fit for this customer and our team has the right experience to ensure the customer fully benefits from this powerful technology,” said Dave Harris, Ubisense Vice President and General Manager and principal-in-charge for the project.
PA Consulting and Ubisense have successfully worked together to deliver a similar solution for a major cable operator. The companies form a strong team, bringing deep technical, sector and management expertise to their customers.
Wednesday, May 11, 2011
Harvey Nash / PA Consulting CIO Survey Reveals Recession has Fundamentally Changed the IT Function as CIOs Look to a Multi-Sourced, Flexible Future
Harvey Nash Group today released its 2011 Harvey Nash / PA Consulting Group CIO Survey revealing that the IT function is emerging from the recession leaner, more flexible and partnering with a wider range of smaller local and offshore suppliers.
The 13th edition of the survey, undertaken by Harvey Nash in association with PA Consulting Group, reflected the views of over 2,500 technology leaders around the world and reveals that CIOs are:
- Increasingly using flexible labour. 84 per cent of CIOs are looking to increase or maintain this level of flexibility. The majority of CIOs (76 per cent) have a flexible labour component of up to one-quarter of their entire workforce that includes the use of contract, temporary workers and offshore workers.
- Spending a greater percentage of their IT budget on outsourced activity than ever before. Almost one-third of global CIOs will spend up to a quarter of their entire IT budget this year on outsourced activity, and almost half (46 per cent) expect to increase their outsource spend over the coming year.
- Turning away from large-scale suppliers and increasingly partnering with multiple niche suppliers who can provide specialist skills to drive innovation around mobile, cloud and web computing. 39 per cent are expecting to increase their dependence on multi-sourcing in the next 12 months.
- Focusing on building business rather than technical skills in their internal teams. In a significant drop this year, less than half (42 per cent) of global CIOs felt their organisation suffered from a shortage of technology skills. This is a 16 per cent decline from 2010 and corresponds with the growth of multi-sourcing and use of flexible labour. By far the most in demand skills for internal teams were business analyses and business facing architecture.
Albert Ellis, CEO Harvey Nash, commented:
"Despite the global economic uncertainty and fears of a slowdown, the pace of technological change continues. As companies emerge from recession CIOs are facing new challenges presented by a world which is increasingly mobile using social networking tools to transact and communicate.
Technology leaders have to deal with the two main priorities from the CEO: driving innovation particularly in the mobile applications area, whilst continuing to manage costs. The result is an increased dependence on a flexible, multi-sourced environment which has impacted on the CIOs and the skills they need in their teams. Not only must technology functions be business facing, rather than technical, leadership is required from both the CIO and CEO to meet the challenge of the new mobile and socially networked world."
Tom McEwan, global head of IT consulting at PA Consulting Group, said:
"The Harvey Nash / PA Consulting Group survey highlights that, to enable their organisations to be fit for the future, CIOs need to be agile on a utility/innovation spectrum, flexing their approach to respond to the combination of a volatile financial environment, a more open connected IT model and their organisation's particular circumstances."
To discover more please visit harveynash.com.
The survey was conducted online by Harvey Nash between 18 November 2010 and 4 April 2011 amongst 2,575 senior level IT professionals from businesses across the world. This is the 13th in a series of annual CIO surveys conducted by Harvey Nash to identify emerging trends and issues in IT leadership and has firmly established itself as the industry benchmark over the years.
About Harvey Nash
Harvey Nash, a global professional recruitment consultancy and IT outsourcing service provider, is committed to delivering the very best talent and IT solutions to a broad base of international clients. The Group is a trusted advisor to some of the world's leading business, governments and institutions. Operating from 37 offices covering the USA, Europe and Asia, its talented professionals pursue the highest levels of integrity and quality in providing a unique portfolio of services: executive search, interim management, IT and finance recruitment and IT outsourcing.
Learn more, visit: http://www.harveynash.com
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organisations in both the private and public sectors. From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results.
We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, media and entertainment, defence, energy, financial services, government and public services, healthcare, international development, manufacturing, transportation and logistics, and water. For more information, visit http://www.paconsulting.com.
The 13th edition of the survey, undertaken by Harvey Nash in association with PA Consulting Group, reflected the views of over 2,500 technology leaders around the world and reveals that CIOs are:
- Increasingly using flexible labour. 84 per cent of CIOs are looking to increase or maintain this level of flexibility. The majority of CIOs (76 per cent) have a flexible labour component of up to one-quarter of their entire workforce that includes the use of contract, temporary workers and offshore workers.
- Spending a greater percentage of their IT budget on outsourced activity than ever before. Almost one-third of global CIOs will spend up to a quarter of their entire IT budget this year on outsourced activity, and almost half (46 per cent) expect to increase their outsource spend over the coming year.
- Turning away from large-scale suppliers and increasingly partnering with multiple niche suppliers who can provide specialist skills to drive innovation around mobile, cloud and web computing. 39 per cent are expecting to increase their dependence on multi-sourcing in the next 12 months.
- Focusing on building business rather than technical skills in their internal teams. In a significant drop this year, less than half (42 per cent) of global CIOs felt their organisation suffered from a shortage of technology skills. This is a 16 per cent decline from 2010 and corresponds with the growth of multi-sourcing and use of flexible labour. By far the most in demand skills for internal teams were business analyses and business facing architecture.
Albert Ellis, CEO Harvey Nash, commented:
"Despite the global economic uncertainty and fears of a slowdown, the pace of technological change continues. As companies emerge from recession CIOs are facing new challenges presented by a world which is increasingly mobile using social networking tools to transact and communicate.
Technology leaders have to deal with the two main priorities from the CEO: driving innovation particularly in the mobile applications area, whilst continuing to manage costs. The result is an increased dependence on a flexible, multi-sourced environment which has impacted on the CIOs and the skills they need in their teams. Not only must technology functions be business facing, rather than technical, leadership is required from both the CIO and CEO to meet the challenge of the new mobile and socially networked world."
Tom McEwan, global head of IT consulting at PA Consulting Group, said:
"The Harvey Nash / PA Consulting Group survey highlights that, to enable their organisations to be fit for the future, CIOs need to be agile on a utility/innovation spectrum, flexing their approach to respond to the combination of a volatile financial environment, a more open connected IT model and their organisation's particular circumstances."
To discover more please visit harveynash.com.
The survey was conducted online by Harvey Nash between 18 November 2010 and 4 April 2011 amongst 2,575 senior level IT professionals from businesses across the world. This is the 13th in a series of annual CIO surveys conducted by Harvey Nash to identify emerging trends and issues in IT leadership and has firmly established itself as the industry benchmark over the years.
About Harvey Nash
Harvey Nash, a global professional recruitment consultancy and IT outsourcing service provider, is committed to delivering the very best talent and IT solutions to a broad base of international clients. The Group is a trusted advisor to some of the world's leading business, governments and institutions. Operating from 37 offices covering the USA, Europe and Asia, its talented professionals pursue the highest levels of integrity and quality in providing a unique portfolio of services: executive search, interim management, IT and finance recruitment and IT outsourcing.
Learn more, visit: http://www.harveynash.com
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organisations in both the private and public sectors. From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results.
We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, media and entertainment, defence, energy, financial services, government and public services, healthcare, international development, manufacturing, transportation and logistics, and water. For more information, visit http://www.paconsulting.com.
Tuesday, February 15, 2011
GE Energy Provides Tool for Quantifying the Business Value of Geospatial Network Management Solutions
GE Energy announced today it has published the “ROI Handbook for geospatial network infrastructure management solutions: A structured approach to quantifying and delivering business value”. The ROI handbook is designed to help network operators make fact-based decisions about investments in network infrastructure management solutions, gain buy-in by making the right level and pace of investment, and support their business objectives based on a quantifiable return-on-investment.
Investment prioritization and justification are more relevant than ever as leaders of network operators look to quantify specific and measurable return across all IT investments. As a result, many geospatial technology advocates face significant challenges to secure funding because:
Recognizing these challenges and that technology innovation, competition and customer demands are driving the need to exploit network infrastructure more effectively, GE Energy has collaborated with PA Consulting Group and assembled their collective insights and experience on how to quantify the tangible business value that geospatial network infrastructure management solutions can deliver to network operators.
This handbook is relevant across the technology lifecycle including organizations:
Tools and templates to support the ROI methodology described are available for download from GE’s Digital Energy website.
About PA Consulting Group, Inc
PA is a leading management, systems, and technology consulting firm. Established almost 65 years ago and operating worldwide from over 35 offices in more than 20 countries, PA draws on the knowledge and experience of some 2,000 staff whose skills span from the initial generation of ideas all the way through to detailed implementation.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $40 billion, GE Energy www.ge.com/energyis one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Investment prioritization and justification are more relevant than ever as leaders of network operators look to quantify specific and measurable return across all IT investments. As a result, many geospatial technology advocates face significant challenges to secure funding because:
- Senior leaders expect a strong economic (quantitative) business case to support all funding/budget requests
- Historic technology investment may not have yielded tangible value that senior executives recognize
- Strategic investments are not high enough on the ‘priority stack’ compared with tactical initiatives that address short-term issues
- Network infrastructure solutions are viewed as only relevant to the Engineering Department, with a lack of awareness of the value and benefit of exploitation through all parts of the business
Recognizing these challenges and that technology innovation, competition and customer demands are driving the need to exploit network infrastructure more effectively, GE Energy has collaborated with PA Consulting Group and assembled their collective insights and experience on how to quantify the tangible business value that geospatial network infrastructure management solutions can deliver to network operators.
This handbook is relevant across the technology lifecycle including organizations:
- Yet to have an established corporate network infrastructure management platform
- Prioritizing ‘next steps’ to ensure current platforms fully deliver on their potential value
- Upgrading to the latest versions of their software solution
Tools and templates to support the ROI methodology described are available for download from GE’s Digital Energy website.
About PA Consulting Group, Inc
PA is a leading management, systems, and technology consulting firm. Established almost 65 years ago and operating worldwide from over 35 offices in more than 20 countries, PA draws on the knowledge and experience of some 2,000 staff whose skills span from the initial generation of ideas all the way through to detailed implementation.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $40 billion, GE Energy www.ge.com/energyis one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Thursday, February 10, 2011
PA Consulting Group and CEVA Partner for Software-Based 3G Solution Targeting Wireless Infrastructure
CEVA, Inc., the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, and PA Consulting Group - a global management and IT consulting and technology firm with more than two decades experience in wireless software implementation, today announced the companies have partnered to offer optimized software solutions for wireless infrastructure applications based on the CEVA-XC processor and PA's baseband software radio expertise. The companies will first offer an integrated 3G PHY software package for implementing HSPA (3GPP Rel-5, 6) on CEVA's software-defined radio (SDR) solution, which is specifically tuned for the needs of network operators. Future development will expand to support advanced 3G evolutions including HSPA+ (3GPP Rel-7, 8, 9).
The architecture meets the most demanding-use cases required by network operators for large macro base-stations by incorporating multiple CEVA-XC processors into a fully optimized, homogeneous multi-core solution for high-performance baseband applications. The joint solution can also be scaled down to address smaller cells such as picocells and femtocells to allow an optimized architecture with low area and power requirements for any cell size.
"The CEVA-XC platform has established itself as a state-of-the-art SDR implementation, capable of the most advanced requirements in both wireless terminal and infrastructure applications. Our expertise in wireless software-based solutions for DSP-based platforms is an ideal complement and this combination serves to further enhance multiple CEVA-based design wins in this space," said Steve Crammond, wireless expert at PA. "The scalable, programmable nature of the solution makes us well positioned to address the evolving needs of baseband deployments around the world."
"PA has a long track record of success in helping drive the adoption of next generation wireless technologies through its expertise in Layer 1 software solutions. The combination of CEVA's SDR DSP and PA's software technologies offers an extremely efficient and optimized approach to implementing 3G in infrastructure applications. We look forward to helping our mutual customers leverage the 3G opportunity while also delivering a flexible solution to meet future wireless requirements," said Eran Briman, vice president of marketing at CEVA.
With the addition of PA to the CEVA-XCnet™ partner program, customers will now be able to access critical PHY software for CEVA's platforms that address 3G and 4G requirements (e.g. WCDMA, HSPA, HSPA+, LTE and LTE-A) on the same programmable platform.
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organisations in both the private and public sectors.
From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results. We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, defence, energy, financial services, government and public services, healthcare, international development, manufacturing and water.
PA's communication and wireless technology work focuses on the design and development of software radio solutions for all the major cellular standards. PA's team selects the best architectural approach (DSP, FPGA, GPU etc) to provide outstanding performance, and supports the signal processing with RF and higher level software solutions. PA also provides independent advice on technical issue for vendors, regulators, operators and users of mobile systems.
For more on innovative wireless technology development and PA's dedicated Cambridge Technology Centre go to www.paconsulting.com/wireless.
About CEVA, Inc.
CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP Cores and platform solutions for the mobile handset, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia, HD video and audio, voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2010, CEVA's IP was shipped in over 600 million devices, powering handsets from 7 out of the top 8 handset OEMs, including Nokia, Samsung, LG, Motorola, Sony Ericsson and ZTE. Today, more than one in every three handsets shipped worldwide is powered by a CEVA DSP core. For more information, visit www.ceva-dsp.com.
The architecture meets the most demanding-use cases required by network operators for large macro base-stations by incorporating multiple CEVA-XC processors into a fully optimized, homogeneous multi-core solution for high-performance baseband applications. The joint solution can also be scaled down to address smaller cells such as picocells and femtocells to allow an optimized architecture with low area and power requirements for any cell size.
"The CEVA-XC platform has established itself as a state-of-the-art SDR implementation, capable of the most advanced requirements in both wireless terminal and infrastructure applications. Our expertise in wireless software-based solutions for DSP-based platforms is an ideal complement and this combination serves to further enhance multiple CEVA-based design wins in this space," said Steve Crammond, wireless expert at PA. "The scalable, programmable nature of the solution makes us well positioned to address the evolving needs of baseband deployments around the world."
"PA has a long track record of success in helping drive the adoption of next generation wireless technologies through its expertise in Layer 1 software solutions. The combination of CEVA's SDR DSP and PA's software technologies offers an extremely efficient and optimized approach to implementing 3G in infrastructure applications. We look forward to helping our mutual customers leverage the 3G opportunity while also delivering a flexible solution to meet future wireless requirements," said Eran Briman, vice president of marketing at CEVA.
With the addition of PA to the CEVA-XCnet™ partner program, customers will now be able to access critical PHY software for CEVA's platforms that address 3G and 4G requirements (e.g. WCDMA, HSPA, HSPA+, LTE and LTE-A) on the same programmable platform.
About PA Consulting Group
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organisations in both the private and public sectors.
From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results. We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, defence, energy, financial services, government and public services, healthcare, international development, manufacturing and water.
PA's communication and wireless technology work focuses on the design and development of software radio solutions for all the major cellular standards. PA's team selects the best architectural approach (DSP, FPGA, GPU etc) to provide outstanding performance, and supports the signal processing with RF and higher level software solutions. PA also provides independent advice on technical issue for vendors, regulators, operators and users of mobile systems.
For more on innovative wireless technology development and PA's dedicated Cambridge Technology Centre go to www.paconsulting.com/wireless.
About CEVA, Inc.
CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP Cores and platform solutions for the mobile handset, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia, HD video and audio, voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2010, CEVA's IP was shipped in over 600 million devices, powering handsets from 7 out of the top 8 handset OEMs, including Nokia, Samsung, LG, Motorola, Sony Ericsson and ZTE. Today, more than one in every three handsets shipped worldwide is powered by a CEVA DSP core. For more information, visit www.ceva-dsp.com.
Friday, January 21, 2011
Denison Consulting Announces Partnership with PA Consulting Group
Denison Consulting, LLC, the world's leader in organizational leadership and culture assessment solutions, today announced its strategic partnership with PA Consulting Group, a global management and IT consulting and technology firm.
"We are delighted to be working with Denison to help clients get their businesses fit for the new economic environment," said Jonathon Hogg, Head of the People & Operations Excellence Practice at PA Consulting Group. "As the recovery gains momentum our clients are taking the opportunity to re-evaluate their operations and business models to ensure that they are truly fit for the future. One area of particular importance is the connection between business performance and organizational culture. Our alliance with Denison allows us to offer our clients a world class, rigorous approach to diagnosing business culture, and provides us with the opportunity to deploy our expertise in Change and HR management, process re-design, and organization design and development to support the delivery and embedding of culture change."
Partnering with Denison, PA Consulting Group will utilize the Denison Model, Surveys, and Solutions as part of its management consulting toolkit. Denison offers PA Consulting Group fully researched, validated, and reliable solutions to examine organizational culture and leadership capabilities.
"We are very excited about our alliance with PA Consulting Group," said Bryan Adkins, President of Denison Consulting. "They share our commitment and dedication to transforming the performance of our clients. We are impressed with the passion and expertise that they bring to the profession. We know that clients in both the public and private sectors across the globe will improve their performance leveraging our joint capabilities."
ABOUT PA CONSULTING
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organizations in both the private and public sectors.
From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results. We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare, international development, manufacturing and water. To learn more, visit us at www.paconsulting.com.
ABOUT DENISON CONSULTING
Denison Consulting, LLC has been a leading provider of world-class organizational culture and leadership development assessments since 1998. Denison's solutions have become the organizational measurement tools of choice for more than 5000 organisations in over 80 countries worldwide. The Denison Model is based on 25 years of global research correlating culture and management practices to business performance metrics such as profitability, growth, employee engagement and satisfaction, customer satisfaction, innovation and quality. Denison's solutions have been translated and deployed in 40 languages and their flexible tools enable organizations of every size and industry to leverage their strengths. Denison's network of International Partners and Senior Consultants are dedicated to providing clients with the utmost quality in devising their solutions strategy. For more information, visit www.denisonconsulting.com.
"We are delighted to be working with Denison to help clients get their businesses fit for the new economic environment," said Jonathon Hogg, Head of the People & Operations Excellence Practice at PA Consulting Group. "As the recovery gains momentum our clients are taking the opportunity to re-evaluate their operations and business models to ensure that they are truly fit for the future. One area of particular importance is the connection between business performance and organizational culture. Our alliance with Denison allows us to offer our clients a world class, rigorous approach to diagnosing business culture, and provides us with the opportunity to deploy our expertise in Change and HR management, process re-design, and organization design and development to support the delivery and embedding of culture change."
Partnering with Denison, PA Consulting Group will utilize the Denison Model, Surveys, and Solutions as part of its management consulting toolkit. Denison offers PA Consulting Group fully researched, validated, and reliable solutions to examine organizational culture and leadership capabilities.
"We are very excited about our alliance with PA Consulting Group," said Bryan Adkins, President of Denison Consulting. "They share our commitment and dedication to transforming the performance of our clients. We are impressed with the passion and expertise that they bring to the profession. We know that clients in both the public and private sectors across the globe will improve their performance leveraging our joint capabilities."
ABOUT PA CONSULTING
PA Consulting Group is a leading management and IT consulting and technology firm. Independent and employee-owned, we operate globally in more than 30 countries and transform the performance of major organizations in both the private and public sectors.
From initial idea generation and strategy development through to detailed implementation, we deliver significant and tangible results. We have outstanding technology development capability; a unique breadth of skills from strategy to performance improvement, from HR to IT; and strong expertise in communications, defense, energy, financial services, government and public services, healthcare, international development, manufacturing and water. To learn more, visit us at www.paconsulting.com.
ABOUT DENISON CONSULTING
Denison Consulting, LLC has been a leading provider of world-class organizational culture and leadership development assessments since 1998. Denison's solutions have become the organizational measurement tools of choice for more than 5000 organisations in over 80 countries worldwide. The Denison Model is based on 25 years of global research correlating culture and management practices to business performance metrics such as profitability, growth, employee engagement and satisfaction, customer satisfaction, innovation and quality. Denison's solutions have been translated and deployed in 40 languages and their flexible tools enable organizations of every size and industry to leverage their strengths. Denison's network of International Partners and Senior Consultants are dedicated to providing clients with the utmost quality in devising their solutions strategy. For more information, visit www.denisonconsulting.com.
Thursday, July 8, 2010
Tetra Tech to Acquire International Development Practice from PA Consulting Group
Tetra Tech, Inc. announced today that it has signed a definitive agreement to purchase the U.S.-based international development consulting business practice from London-headquartered PA Consulting Group (PA). Tetra Tech intends to acquire the portions of PA that focus on international energy and infrastructure consulting services, a practice that generates about $35 million of annual revenue. Tetra Tech plans to close the transaction during the fourth quarter of its fiscal 2010. The terms of the acquisition were not disclosed.
This transaction will add about 125 employees to Tetra Tech's Technical Support Services segment. It will double Tetra Tech's energy management consulting business, expanding Tetra Tech's customer base with key utilities and government agencies and adding technical skills in utility performance improvement, market research, and modeling. About half of the business serves the U.S. Agency for International Development, focusing on energy sector reform, regulation, and utility performance improvement in emerging economies.
About Tetra Tech
Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services addressing the resource management and infrastructure markets. The Company supports government and commercial clients by providing innovative solutions focused on water, the environment, and energy. With approximately 10,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle.
This transaction will add about 125 employees to Tetra Tech's Technical Support Services segment. It will double Tetra Tech's energy management consulting business, expanding Tetra Tech's customer base with key utilities and government agencies and adding technical skills in utility performance improvement, market research, and modeling. About half of the business serves the U.S. Agency for International Development, focusing on energy sector reform, regulation, and utility performance improvement in emerging economies.
About Tetra Tech
Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services addressing the resource management and infrastructure markets. The Company supports government and commercial clients by providing innovative solutions focused on water, the environment, and energy. With approximately 10,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle.
Thursday, October 29, 2009
North America's Most Reliable and Customer-Friendly Utilities Recognized by PA Consulting Group at the 2009 ReliabilityOne(TM) and ServiceOne Awards
Last night, PA Consulting Group announced the winners of its annual ReliabilityOne(TM)( )and ServiceOne( )Awards -- widely recognized as one of the electric utility industry's most prestigious honors -- at a reception in New York City, before an audience that included senior management at leading utilities and industry regulators. The ReliabilityOne(TM)( )awards are given annually to utilities that have excelled in delivering reliable electric service to their customers, while the ServiceOne awards are based on a set of criteria that covers nearly all the functional areas within customer service operations typical for a North American utility.
For the second consecutive year, Public Service Electric & Gas (PSE&G) was the recipient of the National Reliability Excellence Award. PSE&G, which also received the ReliabilityOne(TM)( )award for the Mid-Atlantic Region as well as the inaugural award for Enterprise Wide Best Practice in Transmission & Distribution, is a regulated utility delivering electric service to 2.1 million customers throughout New Jersey. The National Reliability Excellence Award is presented to the regional award recipient that has served as a consistent leader through demonstrated performance and a superior commitment to electric reliability.
Consolidated Edison Company of New York, Inc. (Con Edison) received both the ReliabilityOne(TM)( )Award for the Northeast Region as well as the award for Outstanding System Wide Reliability. Con Edison excelled in providing superior outage frequency and duration performance on a system wide basis. Con Edison serves 3.2 million electric customers in New York City and Westchester.
San Diego Gas & Electric (SDG&E) received the ReliabilityOne(TM)( )Award for the Western Region. SDG&E is a Sempra Energy utility serving 3.4 million consumers in San Diego and southern Orange counties.
Kansas City Power & Light, a subsidiary of Great Plains Energy, Inc. and a leading regulated provider of electricity and energy-related products and services to more than 800,000 customers in Missouri and Kansas was the recipient of the ReliabilityOne(TM)( )Award for the Plains Region.
We Energies, which offers electricity to 1.1 million customers in portions of Wisconsin and Michigan, was the recipient of the ReliabilityOne(TM)( )Award for the Midwest Region.
Roseville Electric, based in Roseville, CA, a suburb of Sacramento and provider of electricity to 52,000 residential and business customers, was the recipient of the Community Utility ReliabilityOne(TM)( )Award. This award is given to a public utility that provides outstanding service to its community customers.
The ReliabilityOne(TM)( )award is given annually to utilities that have excelled in delivering reliable electric service to their customers. All utilities operating electric delivery networks in North America are eligible for consideration for the ReliabilityOne(TM)( )award. Selection of provisional recipients is based primarily on system reliability statistics that measure the frequency and duration of customer outages. After provisional recipients are selected, each company undergoes an on-site certification process, which provides an independent review of the policies, processes and systems used to collect, analyze and report a company's reliability results.
PA also recognized those utilities that excel in the area of customer service and care with the presentation of the ServiceOne( )awards. The recipient of the 2009 ServiceOne( )award was Florida Power & Light, which serves 4.4 million customers throughout Florida. With this year's award, FPL becomes the only utility to have won the ServiceOne award six times.
Awards were given to utilities that excelled in functional areas within customer service for a typical North American utility. This year's Balanced Scorecard Achievement Award recipients are:
The ServiceOne award is based on a set of criteria that covers nearly all the functional areas within customer service operations typical for a North American utility. These functional areas include the contact center, billing, payment, revenue protection, credit and collections, meter reading and safety. Utilities that participate in PA Consulting Group's annual Polaris performance benchmarking program are considered for a ServiceOne award. While PA administers the program, an advisory committee consisting of members within the Polaris program provides advice regarding its content and criteria.
Additional information on PA's Polaris benchmarking program can be found at http://www.paconsulting.com/industries/energy/merchant-utility/utility-merchant-tools/polaris/.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organizations, providing clients with innovative solutions, a highly responsive approach, and delivery of hard results. We are an independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia and Oceania. We have deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
About PA's Polaris program
PA's Polaris program is a comprehensive discovery process into a utility's business operations. The program, consisting of a general review of organization practices, in addition to a focus on Transmission and Distribution and/or Customer Service, focuses on this discovery process by taking an inventory of the strengths and opportunities of a utility.
Our benchmarking program includes a review of asset management strategy, business process mapping, and cost analysis. In addition, a focus exists on customer satisfaction, expenses review, health and safety review and analysis of the regulatory environment. The concepts of shareholder value and training are also included.
Since 1989, PA has benchmarked operational trends across 250 utility-operating companies nation wide.
For the second consecutive year, Public Service Electric & Gas (PSE&G) was the recipient of the National Reliability Excellence Award. PSE&G, which also received the ReliabilityOne(TM)( )award for the Mid-Atlantic Region as well as the inaugural award for Enterprise Wide Best Practice in Transmission & Distribution, is a regulated utility delivering electric service to 2.1 million customers throughout New Jersey. The National Reliability Excellence Award is presented to the regional award recipient that has served as a consistent leader through demonstrated performance and a superior commitment to electric reliability.
Consolidated Edison Company of New York, Inc. (Con Edison) received both the ReliabilityOne(TM)( )Award for the Northeast Region as well as the award for Outstanding System Wide Reliability. Con Edison excelled in providing superior outage frequency and duration performance on a system wide basis. Con Edison serves 3.2 million electric customers in New York City and Westchester.
San Diego Gas & Electric (SDG&E) received the ReliabilityOne(TM)( )Award for the Western Region. SDG&E is a Sempra Energy utility serving 3.4 million consumers in San Diego and southern Orange counties.
Kansas City Power & Light, a subsidiary of Great Plains Energy, Inc. and a leading regulated provider of electricity and energy-related products and services to more than 800,000 customers in Missouri and Kansas was the recipient of the ReliabilityOne(TM)( )Award for the Plains Region.
We Energies, which offers electricity to 1.1 million customers in portions of Wisconsin and Michigan, was the recipient of the ReliabilityOne(TM)( )Award for the Midwest Region.
Roseville Electric, based in Roseville, CA, a suburb of Sacramento and provider of electricity to 52,000 residential and business customers, was the recipient of the Community Utility ReliabilityOne(TM)( )Award. This award is given to a public utility that provides outstanding service to its community customers.
The ReliabilityOne(TM)( )award is given annually to utilities that have excelled in delivering reliable electric service to their customers. All utilities operating electric delivery networks in North America are eligible for consideration for the ReliabilityOne(TM)( )award. Selection of provisional recipients is based primarily on system reliability statistics that measure the frequency and duration of customer outages. After provisional recipients are selected, each company undergoes an on-site certification process, which provides an independent review of the policies, processes and systems used to collect, analyze and report a company's reliability results.
PA also recognized those utilities that excel in the area of customer service and care with the presentation of the ServiceOne( )awards. The recipient of the 2009 ServiceOne( )award was Florida Power & Light, which serves 4.4 million customers throughout Florida. With this year's award, FPL becomes the only utility to have won the ServiceOne award six times.
Awards were given to utilities that excelled in functional areas within customer service for a typical North American utility. This year's Balanced Scorecard Achievement Award recipients are:
- Contact Center - Florida Power & Light
- Field Service - Entergy
- Meter Reading - Dominion
- Billing - Dominion
- Payment - First Energy
- Credit & Collections - NorthWestern Energy
- Revenue Assurance - NiSource - Indiana
The ServiceOne award is based on a set of criteria that covers nearly all the functional areas within customer service operations typical for a North American utility. These functional areas include the contact center, billing, payment, revenue protection, credit and collections, meter reading and safety. Utilities that participate in PA Consulting Group's annual Polaris performance benchmarking program are considered for a ServiceOne award. While PA administers the program, an advisory committee consisting of members within the Polaris program provides advice regarding its content and criteria.
Additional information on PA's Polaris benchmarking program can be found at http://www.paconsulting.com/industries/energy/merchant-utility/utility-merchant-tools/polaris/.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organizations, providing clients with innovative solutions, a highly responsive approach, and delivery of hard results. We are an independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia and Oceania. We have deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
About PA's Polaris program
PA's Polaris program is a comprehensive discovery process into a utility's business operations. The program, consisting of a general review of organization practices, in addition to a focus on Transmission and Distribution and/or Customer Service, focuses on this discovery process by taking an inventory of the strengths and opportunities of a utility.
Our benchmarking program includes a review of asset management strategy, business process mapping, and cost analysis. In addition, a focus exists on customer satisfaction, expenses review, health and safety review and analysis of the regulatory environment. The concepts of shareholder value and training are also included.
Since 1989, PA has benchmarked operational trends across 250 utility-operating companies nation wide.
Thursday, September 10, 2009
New Book From PA Consulting Group Highlights Benefits of 'Sourcing in an Economic Downturn'
PA Consulting Group Book Provides HR Sourcing Strategy and Finance Sourcing Strategy Advice and Guidance to Businesses on How to Survive and Thrive With Shared Services and Outsourcing
PA Consulting Group (PA) an independent, employee-owned, global firm of management, IT and technology consultants, has launched a second new book in the series - Surviving and thriving in the economic crisis. The new book 'The Sourcing Opportunity', written by Tim Palmer, PA Consulting Group's lead in HR Transformation and Simon Tennant, Head of PA's Shared Services consulting. It provides clear insights on HR sourcing strategy and Finance sourcing strategy to those wishing to take advantage of the opportunities that sourcing provides in the current market environment http://tr.im/pasandt
Expanding on some of the key themes explored in the first book in the series by Head of PA's Strategy and Marketing Practice, Mark Thomas, 'A handbook for Corporate Leaders' http://tr.im/pahcl and using insights from PA's recent International IT Outsourcing Survey 2009, the new book offers key insights into the sourcing process through: securing liquidity, adjusting the business mix, improving performance and, finally, taking bold steps to secure the future. The authors believe that these four key steps should be built into any HR sourcing strategy and/or Finance sourcing strategy development, to drive the intent of the relationship and ensure that objectives are mutually agreed and achieved.
Palmer and Tennant argue that the key requirement for any HR sourcing strategy and/or Finance sourcing strategy is flexibility, and that any new sourcing activity should be constructed with this as a central objective. They go on to argue that the prevailing wisdom of the industry might be wrong when it comes to some key outsourcing questions, including: Which outsourcing services deliver the best return? What is the best shape for a commercial deal? And, is it better to work with a single service provider or multiple service providers?
Tim Palmer comments, "The current global economy presents the chance for sourcing techniques to prove their worth, by creating and realising value through a reduction in costs, increased performance and the provision of flexibility. Yet there remain formidable obstacles that need to be navigated if organisations and individuals are to take full advantage of the opportunities presented to them."
Palmer continues, "Despite these obstacles, we believe that the current economic environment provides a significant opportunity for almost every organisation. Therefore it's also a personal opportunity for every sourcing leader and professional - many people will define their careers helping their organisations respond innovatively to sourcing issues over the coming months."
The book, 'Surviving and thriving in the economic crisis: The sourcing opportunity', is available free of charge. Business managers and directors simply need to request a copy of the book via http://www.paconsulting.com/sourcingopportunity where comments can also be offered and topics within the book can be discussed in greater depth. Alternatively, please call +44-207-333-5923 to speak directly with a member of the team.
PA is also holding a breakfast seminar to discuss this topic further on Thursday, 24 September in London. To reserve a place at the event please call Hannah Cash on +44-207-333-5923.
Operating worldwide in more than 35 countries, PA draws on the knowledge and experience of its 3,000 people, whose skills extend from the initial generation of ideas, insights, solutions and new technology, all the way through to detailed implementation.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations. We put together teams from many disciplines and backgrounds to tackle the most complex problems facing our clients, working with leaders and their staff to turn around organisations in the private and public sectors. Clients call on us when they want:
- an innovative solution: counter-intuitive thinking and groundbreaking
solutions
- a highly responsive approach: we listen, and then we act decisively and
quickly
- delivery of hard results: we get the job done, often trouble-shooting
where previous initiatives have failed.
PA is an independent, employee-owned, global firm of 2,500 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia, and Oceania. We have won numerous awards for delivering complex and highly innovative assignments, have technology development capability that few firms can match, deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
- defence - energy - financial services - government and public services
- international development - life sciences and healthcare
- manufacturing - postal services - retail aae" telecommunications
- transportation - strategic management - innovation and technology aae" IT
- operational improvement - human resources - complex programme delivery
PA Consulting Group (PA) an independent, employee-owned, global firm of management, IT and technology consultants, has launched a second new book in the series - Surviving and thriving in the economic crisis. The new book 'The Sourcing Opportunity', written by Tim Palmer, PA Consulting Group's lead in HR Transformation and Simon Tennant, Head of PA's Shared Services consulting. It provides clear insights on HR sourcing strategy and Finance sourcing strategy to those wishing to take advantage of the opportunities that sourcing provides in the current market environment http://tr.im/pasandt
Expanding on some of the key themes explored in the first book in the series by Head of PA's Strategy and Marketing Practice, Mark Thomas, 'A handbook for Corporate Leaders' http://tr.im/pahcl and using insights from PA's recent International IT Outsourcing Survey 2009, the new book offers key insights into the sourcing process through: securing liquidity, adjusting the business mix, improving performance and, finally, taking bold steps to secure the future. The authors believe that these four key steps should be built into any HR sourcing strategy and/or Finance sourcing strategy development, to drive the intent of the relationship and ensure that objectives are mutually agreed and achieved.
Palmer and Tennant argue that the key requirement for any HR sourcing strategy and/or Finance sourcing strategy is flexibility, and that any new sourcing activity should be constructed with this as a central objective. They go on to argue that the prevailing wisdom of the industry might be wrong when it comes to some key outsourcing questions, including: Which outsourcing services deliver the best return? What is the best shape for a commercial deal? And, is it better to work with a single service provider or multiple service providers?
Tim Palmer comments, "The current global economy presents the chance for sourcing techniques to prove their worth, by creating and realising value through a reduction in costs, increased performance and the provision of flexibility. Yet there remain formidable obstacles that need to be navigated if organisations and individuals are to take full advantage of the opportunities presented to them."
Palmer continues, "Despite these obstacles, we believe that the current economic environment provides a significant opportunity for almost every organisation. Therefore it's also a personal opportunity for every sourcing leader and professional - many people will define their careers helping their organisations respond innovatively to sourcing issues over the coming months."
The book, 'Surviving and thriving in the economic crisis: The sourcing opportunity', is available free of charge. Business managers and directors simply need to request a copy of the book via http://www.paconsulting.com/sourcingopportunity where comments can also be offered and topics within the book can be discussed in greater depth. Alternatively, please call +44-207-333-5923 to speak directly with a member of the team.
PA is also holding a breakfast seminar to discuss this topic further on Thursday, 24 September in London. To reserve a place at the event please call Hannah Cash on +44-207-333-5923.
Operating worldwide in more than 35 countries, PA draws on the knowledge and experience of its 3,000 people, whose skills extend from the initial generation of ideas, insights, solutions and new technology, all the way through to detailed implementation.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations. We put together teams from many disciplines and backgrounds to tackle the most complex problems facing our clients, working with leaders and their staff to turn around organisations in the private and public sectors. Clients call on us when they want:
- an innovative solution: counter-intuitive thinking and groundbreaking
solutions
- a highly responsive approach: we listen, and then we act decisively and
quickly
- delivery of hard results: we get the job done, often trouble-shooting
where previous initiatives have failed.
PA is an independent, employee-owned, global firm of 2,500 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia, and Oceania. We have won numerous awards for delivering complex and highly innovative assignments, have technology development capability that few firms can match, deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
- defence - energy - financial services - government and public services
- international development - life sciences and healthcare
- manufacturing - postal services - retail aae" telecommunications
- transportation - strategic management - innovation and technology aae" IT
- operational improvement - human resources - complex programme delivery
Wednesday, May 13, 2009
PA Consulting to showcase LTE PHY technology at LTE World Summit, 18-20 May 2009
PA Consulting Group, the leading international management, systems and technology consultancy, will showcase its flexible LTE PHY technology at LTE World Summit, Berlin, 18 to 20 May 2009. The PHY development forms an essential part of the LTE Multi-UE load test system, recently launched by Catapult Communications inc.
PA's wireless technology team has designed, developed and implemented the PHY using high performance devices from Freescale and Altera. The PHY is implemented as a self contained system element, allowing connection to an eNodeB at the CPRI interface. It provides for high data throughput, full bandwidth to 20MHz, support for multiple users for load testing and support for 2x2 MIMO.
The work has followed the latest iterations of the 3GPP standards and, in support of the development, a full set of test vectors has been prepared to allow independent testing and verification of the solution.
PA's PHY solution can be implemented in various forms for other applications in the LTE environment, and the technology can be rapidly adapted to provide eNB functionality for small or medium scale infrastructure projects. The flexible architecture, based around microTCA, allows for simple enhancement and growth if added capacity is required.
Kalyan Sundhar, VP Engineering for Catapult Communications comments:
"PA's talented team of Engineers helped Catapult deliver a first of its kind, high capacity multi-UE (user equipment) LTE load simulation system. PA's expertise in the area of PHY layer development coupled with Catapult's expertise in building high load generators resulted in this high quality product that spanned a year and half of development time."
The PA team are on Stand M03throughout the event, and contributing to program content through:
Tuesday, 19 May:
- Graham Bell's Analyst Breakfast Briefing Session Why lower IPR royalties will expand the LTE device market at 08.00 hrs
- Alan Carr's participation as a panellist on the discussion of Technology Q&A: What are the biggest technology challenges LTE still faces? at 11.15 hrs
- Rob Westwick's talk on Developing LTE equipment effectively: what to build and how to build it quickly at 14.50 hrs
- Phil Irvine's Workshop The impact of LTE on mobile broadband at 18.00 hrs.
Wednesday, 20 May:
- Steve Crammond's Analyst Breakfast Briefing Session What is LTE for? - the driving applications at 08.00 hrs.
Informa's LTE World Summit, 18-20 May 2009, Hotel Palace, Berlinwww.lte.conference.com/brochure
Through its Communications and Electronic Systems expertise, PA Consulting Group is a leading supplier of consultancy services. PA's communications technology-led consultancy services range from strategy development and business planning through to services creation, network design and roll-out management. PA delivers technology developments directly through the provision of contract design of infrastructure and portable products, including equipment for Urgent Operational Requirements.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations.
We put together teams from many disciplines and backgrounds to tackle the most complex problems facing our clients, working with leaders and their staff in organisations in the private and public sectors. Clients call on us when they want:
-- an innovative solution: counter-intuitive thinking and groundbreaking solutions
-- a highly responsive approach: we listen, and then we act decisively and quickly
-- delivery of hard results: we get the job done.
PA isan independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia, and Oceania. We have won numerous awards for delivering complex and highly innovative assignments, have technology development capability that few firms can match, deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
* defence
* energy
* financial services
* government and public services
* international development
* life sciences and healthcare
* manufacturing
* postal services
* retail
* telecommunications
* transportation
* strategic management
* innovation and technology
* IT
* operational improvement
* human resources
* complex programme delivery
2. About Catapult Communications Corporation
Catapult Communications is a leading supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Alcatel-Lucent, Motorola, NEC, NTT DoCoMo, Nortel and Nokia Siemens Networks. The Catapult DCT2000 and MGTS systems deliver superior high-end test solutions for hundreds of protocols and variants -- spanning LTE, IMS, WiMAX, UMTS, CDMA, VoIP, GPRS, GSM, SS7, and ISDN. The Company is committed to providing testing tools that are at the forefront of the telecom technology curve.
Catapult is headquartered at 160 South Whisman Road, Mountain View, CA94041. Tel: 650-960-1025. International offices are located in the U.K., Ireland, Germany, France, Finland, Canada, Japan, China, Indiaand the Philippines.
CONTACT: Steve Crammond, PA Consulting Group e-mail: steve.crammond@paconsulting.com Beverley Adams, Marketing, PA Consulting Group Tel: +44 (0)1763 285 260 e-mail: beverley.adams@paconsulting.com WWW: http://www.paconsulting.com/wireless WWW: http://www.paconsulting.com Catapult Communications Corporation WWW: http://www.catapult.com
PA's wireless technology team has designed, developed and implemented the PHY using high performance devices from Freescale and Altera. The PHY is implemented as a self contained system element, allowing connection to an eNodeB at the CPRI interface. It provides for high data throughput, full bandwidth to 20MHz, support for multiple users for load testing and support for 2x2 MIMO.
The work has followed the latest iterations of the 3GPP standards and, in support of the development, a full set of test vectors has been prepared to allow independent testing and verification of the solution.
PA's PHY solution can be implemented in various forms for other applications in the LTE environment, and the technology can be rapidly adapted to provide eNB functionality for small or medium scale infrastructure projects. The flexible architecture, based around microTCA, allows for simple enhancement and growth if added capacity is required.
Kalyan Sundhar, VP Engineering for Catapult Communications comments:
"PA's talented team of Engineers helped Catapult deliver a first of its kind, high capacity multi-UE (user equipment) LTE load simulation system. PA's expertise in the area of PHY layer development coupled with Catapult's expertise in building high load generators resulted in this high quality product that spanned a year and half of development time."
The PA team are on Stand M03throughout the event, and contributing to program content through:
Tuesday, 19 May:
- Graham Bell's Analyst Breakfast Briefing Session Why lower IPR royalties will expand the LTE device market at 08.00 hrs
- Alan Carr's participation as a panellist on the discussion of Technology Q&A: What are the biggest technology challenges LTE still faces? at 11.15 hrs
- Rob Westwick's talk on Developing LTE equipment effectively: what to build and how to build it quickly at 14.50 hrs
- Phil Irvine's Workshop The impact of LTE on mobile broadband at 18.00 hrs.
Wednesday, 20 May:
- Steve Crammond's Analyst Breakfast Briefing Session What is LTE for? - the driving applications at 08.00 hrs.
Informa's LTE World Summit, 18-20 May 2009, Hotel Palace, Berlinwww.lte.conference.com/brochure
Through its Communications and Electronic Systems expertise, PA Consulting Group is a leading supplier of consultancy services. PA's communications technology-led consultancy services range from strategy development and business planning through to services creation, network design and roll-out management. PA delivers technology developments directly through the provision of contract design of infrastructure and portable products, including equipment for Urgent Operational Requirements.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations.
We put together teams from many disciplines and backgrounds to tackle the most complex problems facing our clients, working with leaders and their staff in organisations in the private and public sectors. Clients call on us when they want:
-- an innovative solution: counter-intuitive thinking and groundbreaking solutions
-- a highly responsive approach: we listen, and then we act decisively and quickly
-- delivery of hard results: we get the job done.
PA isan independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia, and Oceania. We have won numerous awards for delivering complex and highly innovative assignments, have technology development capability that few firms can match, deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
* defence
* energy
* financial services
* government and public services
* international development
* life sciences and healthcare
* manufacturing
* postal services
* retail
* telecommunications
* transportation
* strategic management
* innovation and technology
* IT
* operational improvement
* human resources
* complex programme delivery
2. About Catapult Communications Corporation
Catapult Communications is a leading supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Alcatel-Lucent, Motorola, NEC, NTT DoCoMo, Nortel and Nokia Siemens Networks. The Catapult DCT2000 and MGTS systems deliver superior high-end test solutions for hundreds of protocols and variants -- spanning LTE, IMS, WiMAX, UMTS, CDMA, VoIP, GPRS, GSM, SS7, and ISDN. The Company is committed to providing testing tools that are at the forefront of the telecom technology curve.
Catapult is headquartered at 160 South Whisman Road, Mountain View, CA94041. Tel: 650-960-1025. International offices are located in the U.K., Ireland, Germany, France, Finland, Canada, Japan, China, Indiaand the Philippines.
CONTACT: Steve Crammond, PA Consulting Group e-mail: steve.crammond@paconsulting.com Beverley Adams, Marketing, PA Consulting Group Tel: +44 (0)1763 285 260 e-mail: beverley.adams@paconsulting.com WWW: http://www.paconsulting.com/wireless WWW: http://www.paconsulting.com Catapult Communications Corporation WWW: http://www.catapult.com
Friday, April 24, 2009
Cognizant Technology Solutions Not Likely to Acquire PA Consulting Group
PA Consulting Group, Ltd., a UK-based management, systems, and technology consulting firm, has denied media reports over its acquisition talks with Cognizant Technology Solutions Corporation, a US-based provider of IT consulting, technology, and business process services.
PA Consulting confirmed that the media report, which has also appeared in a range of other publications, is without foundation and factually inaccurate from beginning to end. The company elucidated that there is no truth at all in the allegation of its acquisition, nor any part, nor in the possibility of alliances, partnerships or the like.
Rumor (April 20, 2009):
According to Reuters, The Economic Times reported that Cognizant is considered to have plans to acquire PA Consulting. Reportedly, the consideration may range between $300 million to $350 million.
Deal Value (US$ Million) 350
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Dead Rumour: 2009-04-20
Deal Participants
Target (Company) PA Consulting Group, Ltd.
Acquirer (Company) Cognizant Technology Solutions Corporation
Deal Rationale
The transaction would enable Cognizant Technology Solutions to strengthen its presence in Europe.
PA Consulting confirmed that the media report, which has also appeared in a range of other publications, is without foundation and factually inaccurate from beginning to end. The company elucidated that there is no truth at all in the allegation of its acquisition, nor any part, nor in the possibility of alliances, partnerships or the like.
Rumor (April 20, 2009):
According to Reuters, The Economic Times reported that Cognizant is considered to have plans to acquire PA Consulting. Reportedly, the consideration may range between $300 million to $350 million.
Deal Value (US$ Million) 350
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Dead Rumour: 2009-04-20
Deal Participants
Target (Company) PA Consulting Group, Ltd.
Acquirer (Company) Cognizant Technology Solutions Corporation
Deal Rationale
The transaction would enable Cognizant Technology Solutions to strengthen its presence in Europe.
Monday, March 2, 2009
PA Consulting Group Issues Statement on 'Measure B'
As a professional services firm, PA Consulting Group has a code which precludes it from commenting on the detail of client matters unless given full permission to do so by the client.
We have written to the Board of DWP and have given a copy of that letter to our original client, Laura Chick, Controller of the City.
PA welcomes public debate on the important matter of sustainable energy sources for Los Angeles which, we agree, are necessary and important for the City's future. We would welcome public debate on this issue and on the specifics of a particular proposal, Measure B. Until requested to do so by our client we are unable to make further comment.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations, providing clients with innovative solutions, a highly responsive approach, and delivery of hard results. We are an independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia and Oceania. We have deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
We have written to the Board of DWP and have given a copy of that letter to our original client, Laura Chick, Controller of the City.
PA welcomes public debate on the important matter of sustainable energy sources for Los Angeles which, we agree, are necessary and important for the City's future. We would welcome public debate on this issue and on the specifics of a particular proposal, Measure B. Until requested to do so by our client we are unable to make further comment.
About PA Consulting Group
At PA Consulting Group, we transform the performance of organisations, providing clients with innovative solutions, a highly responsive approach, and delivery of hard results. We are an independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia and Oceania. We have deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.
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