Edgewater Technology

Edgewater Technology

)| foundation =1992| location =| key_people =Shirley Singleton, President and CEO
Dave Clancey, EVP, CTO
Dave Gallo, COO
Kevin Rhodes, CFO
John Flavin, SVP
Kristin Zaepfel, Vice President of Human Resources
Timothy Oakes, CAO
Robin Ranzal, President, Ranzal & Associates
industry =Insurance, Healthcare, Information and Media, Hospitality, Transportation and Logistics, Retail, Manufacturing, Financial Services| products =Business Consulting, Business & IT Strategy, Technology Consulting, Business Intelligence, EPM| homepage = [http://www.Edgewater.com/ www.edgewater.com] Edgewater Technology (Nasdaq|EDGW) is a technology management consulting firm headquartered in Wakefield, Massachusetts, United States. Edgewater, recognized by CNN/Money as the 28th fastest growing small business in 2008 [http://money.cnn.com/magazines/fsb/fsb100/2008/snapshots/28.html CNN FSB 100 2008] ] and ranked among the Globe 100 best businesses in MA 2008, [http://www.boston.com/business/globe/globe100/2008/profiles/EDGW.htm Globe 100 list 2008] ] has the expertise to plan, deliver and manage integration services that improve financial and operational performance and maximize business results. The company provides services (primarily in North America) both vertically by industry and horizontally by product and technology specialty.
Edgewater focuses on five core values:

* Delivery Excellence
* Vertical Expertise
* Technology Excellence
* Client Focus
* Strong Operational Metrics

History

Edgewater Technology (Edgewater) was founded in 1992 by Shirley Singleton and David Clancey. Shirley Singleton served as the Company's President from 1992 through 2002. The company grew from a five person shop to a 150 person professional services organization before being acquired in 1999 by StaffMark, a publicly-traded international billion dollar staffing organization. Edgewater was an operating subsidiary focusing on project-based IT consultancy business under the StaffMark organization. In January 2002, StaffMark changed its name to Edgewater Technology, Inc., as well as its Nasdaq ticker to EDGW, moved its public company structure from Fayetteville, AR to Wakefield, MA. Shirley Singleton was then named the Company's President and Chief Executive Officer.

Under Shirley Singleton’s direction, Edgewater has grown from a privately-held, five-person shop into a publicly-traded, innovative technology management consulting firm with more than 320 consulting professionals nationally.

Services

Edgewater specializes in providing organizations with Technical Consulting; Enterprise Performance Management (EPM) and Business Consulting. These offerings are focused on assisting companies in three primary areas:

# Envisioning and realizing strategic business solutions:
## optimizing business processes to improve the delivery of products and services;
## maximizing and unlocking the value of corporate data assets;
## providing program and project management.
# Implementing EPM solutions:
## providing dashboard and data cube design and build
## providing data warehouse and ETL tool strategies and implementations
## combining all components into a comprehensive analytics solution.
# Leveraging line business with technology:
## providing design, architectural, core data and strategic build services
## melding advanced business analysis with workflow enhancement
## evaluating and leveraging infrastructure services.

Edgewater’s primary target is the client who wants experienced, highly-trained talent onsite for strategic, high return projects. Edgewater’s strategic consulting, custom development and integration services offerings go to market by vertical industry and currently serve clients in the following industries: Specialized Financial Services (such as Student Lending, Distressed Debt, and Private Equity); Healthcare (Payor/Managed Care)/Life Sciences; Higher Education; Hospitality; Insurance; and various Emerging Markets.

The company’s EPM/CPM/BI and Data Services offerings go to market horizontally and provide highly experienced teams of product specialists who span all industries.

Subsidiaries

In October 2004, Edgewater acquired Ranzal and Associates, a provider of Enterprise Performance Management solutions with a concentration in OracleOracle / Hyperion's toolkit.

Acquisitions

Edgewater has a two prong approach to growth - both organic and acquisitive. The Company has made a number of strategic acquisitions:

* Ranzal & Associates (October 2004): A premiere provider of Enterprise Performance Management solutions with a concentration in Oracle / Hyperion's toolkit.

* National Decision Systems (February 2006): A firm specializing in strategic business process consulting;

* Alecian Corporation (July 2007): A strategic technology and business consulting firm that specializes in delivering financial management solutions;

* Lynx BI Consulting, Inc. (September 2007): A leading provider of professional services for the Corporate Performance Management / Business Intelligence industry; and

* Vertical Pitch LLC (December 2007): A leading provider of Corporate Performance Management.

References

External Links

[http://www.endicott.edu/servlet/com.rnci.products.PublishNow.RetrieveSingleArticle?serv=endicottpub&db=endicott&site=endicott&sction=adminprerelmain&article=109&part=2&archivepref=N Shirley Singleton’s Commencement Address at Endicott]

[http://www.edgewater.com Edgewater Technology Website]

[http://edgewatertech.wordpress.com Edgewater Technology Blog]


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