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| DiamondCluster Q3 profit increases five-fold |
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| | DiamondCluster International reported profits of $5.4m for the third quarter of fiscal 2005, compared with $1.0m for the year ago period and $4.1m for the prior quarter, as the company concentrated on | |
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| | developing non-cyclical business.
Net revenue for the quarter ended December 31, 2004 was $50.2m, compared with $39.5m for the year-ago period and $46.1m for the prior quarter, ahead of | |
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| | analysts' expectations for revenue of $49.3m.
"We demonstrated progress toward our goal of creating more predictability in our business through exposure to non-cyclical industries, and we're | |
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| | pursuing growth opportunities in new geographies," said Mel Bergstein, chairman and CEO of DiamondCluster International.
DiamondCluster expects net revenue for the March quarter to be | |
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| | between $51m and $54m, and it raised its fourth quarter earnings guidance to $0.15 or $0.16 per diluted share.
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HP wins seven-year Foreign Office contract |
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| | The UK Foreign and Commonwealth Office (FCO) has signed a GBP180 million IT outsourcing contract with Hewlett-Packard to upgrade the Office's secure global IT desktop infrastructure, known as "Firecrest."
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| | create a single online organisation for all FCO locations in the UK and overseas.
"This has been a ground-breaking procurement, which represents a genuine partnership as opposed to a more traditional | |
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| | outsourcing arrangement," said FCO Permanent Under Secretary Sir Michael Jay.
Under the terms of the contract, Hewlett Packard and FCO's in-house IT providers will form a Joint | |
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| | Service Delivery Team under joint management.
The contract also represents a significant achievement for HP who beat off competition to secure the deal after a two-year rigorous procurement process.
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Under the seven year deal, the largest contract the FCO has ever signed, HP is to | |
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| Axon to exceed market expectations |
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| | Axon, the business transformation services company, has announced that 2004 trading results will exceed current market expectations.
The company expects to report year-on-year | |
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| | £7.1 million on turnover of approximately £60 million.
"We have already made an excellent start to 2005 and we are confident we will deliver both revenue and profit ahead of current | |
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| | market expectations," said Mark Hunter, Axon's CEO.
"As we announced in 2004, our growth strategy is taking us into new countries, new sectors and new partnerships, but our | |
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| | proposition and values are unchanged," Hunter added.
The company said further information on their progress and plans will be available when they present their full results.
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| | PBTA and revenue growth of around 40% and 20% respectively, showing PBTA of not less than | |
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| Top-Consultant.com launches new blog for Management Consultants |
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| | Having just announced record visitor numbers for the month of January 2005, Top-Consultant managers have been turning their attention to the next wave of innovations that could serve consulting | |
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| | professionals.
The first new service of the year was launched with the unveiling of a new blog specifically for Management Consultants
(see: http://top-consultant.bl | |
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| | ogspot.com).
Readers are being asked to post comments on the blog regarding the topics and content that they would most like to see covered in this new part of the site, which will also be | |
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| | used as a medium for the Top-Consultant team to communicate any breaking news or developments that hit the market or affect the consulting community.
Your feedback would be warmly welcomed - | |
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| | simply post your thoughts on the Management Consultants' Blog.
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| Deloitte Madrid office destroyed in building fire |
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| | The Madrid office of Deloitte Spain was destroyed in a massive fire that engulfed the 32-story building, 20 floors of which housed the firm's offices.
Deloitte was quick to issue a statement says that its operations in Madrid and in the rest of the country will continue as normal. The firm said most of the about 1000 Madrid employees will resume work on the Monday | |
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| | following the weekend fire from other locations.
Deloitte expects to select a new headquarters in a "few days." The fire has been extinguished but the Windsor Building is structurally unstable and Madrid authorities have decided to demolish it.
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BearingPoint donates $600,000 to tsunami relief efforts |
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| | BearingPoint said it is matching the nearly $300,000 pledged by its employees towards relief efforts for victims of the earthquake and tsunamis in Southeast Asia.
Most of the $600,000 collected through this BearingPoint program are being directed to the International Response Fund of the American Red Cross, which BearingPoint chose to | |
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| | relief agencies, is providing emergency disaster relief services to all the areas hit by the disaster.
The BearingPoint Charitable Foundation, established in 2001 to facilitate financial contributions from the company and its employees, is directing the company's relief fundraising efforts.
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| | channel support and employee donations to the countries affected by the recent tsunamis. The International Federation of Red Cross and Red Crescent Societies, through its local affiliates and partnering with other | |
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