Cambridge Technology Partners
| Industry | Business Consulting, Technology, Outsourcing Services |
|---|---|
| Founded | 1991 |
| Headquarters | Nyon, Switzerland |
| Website | www.ctp.com |
Cambridge Technology Partners (CTP) was founded by John J. Donovan[1] in 1991 in Cambridge, Massachusetts, USA as a division of Cambridge Technology Group,[2] is a leading consulting firm with focus on solving complex business problems with technology based solutions.
Today, the headquarters are based in Nyon in Switzerland, with more than 210 employees in Nyon and Zurich. In addition, they also have a Global Delivery Centre in Budapest and a strategic partnership in India.
[edit] History
Cambridge Technology Partners was created within Cambridge Technology Group (CTG), a John J. Donovan company in Cambridge, Massachusetts (USA).
On February 23, 1991, Cambridge Technology Partners (CTP) was sold and spun out of CTG under majority ownership of Safeguard Scientific. Safeguard and Donovan brought in a new executive team: James Sims as CEO, Robert Gett as head of Technology and Consulting, and Chris Greendale as head of Sales and Marketing. Six months later, John J. Donovan's stake was fully bought out by Safeguard.
CTP pioneered fixed time/fixed price consulting services and RAD Methodology, helping clients transform from mainframe-centric solutions to client-server architecture and packaged solutions.
In May 1993 CTP under stock symbol CATP went public at $5 a share.[2].
In 1996, the company established its Swiss Office, originally in Geneva (CH) and established itself as one of the major Consulting firms on the Swiss market. Bob Gett left to become CEO of Viant, an e-commerce systems integrator. A few years later he founded Optaros and is presently Chairman.
In 1997, Chris Greendale left to become a Managing Director at Internet Capital Group and led an investment in 1998 that created competitor Breakaway Solutions. He became Chairman. Breakaway had a very successful IPO. The company was ultimately sold to Divine Systems. Breakaway Solutions was run by another Cambridge Technology Partners Executive, Gordon Brooks.
In 1998, Cambridge Technology Partners set up an office to focus on the Swiss German market and provide access to the German and Austrian markets. The company became an established leader in CRM and New Economy
In 1999, CTP achieved peak revenues of 628 million, a market cap of ~5 billion, and a global workforce of ~4000.[3]
In 2001, Cambridge Technology Partners was acquired by Novell Inc. to become the eServices division of Novell Inc.
In 2008, Cambridge Technology Partners, under the leadership of Vijay Srinivasan, decided to spin off from the Novell Inc. business in order to set up an independent company, offering a complete portfolio of solutions on Management Consulting, Technology and Outsourcing to the European market.
In 2010, Chris Greendale went on to found Cloud Technology Partners to help companies transform their businesses to cloud solutions.
[edit] Services
The services offered by Cambridge Technology Partners are divided into three main areas:
Business Consulting Services:
- Corporate Performance Management (CPM),
- Business Service Management (BSM),
- Business Process Improvement (BPI),
- IT Strategic Alignment,
- Project Portfolio Management (PPM),
- Security and Compliance Management.
Technology Solutions:
- Enterprise Solutions
- System Integration & Technology (SI&T)
- Advisory Services
Outsourcing Solutions:
- Maintenance & Support Services
- Testing Services
[edit] Notes
- ^ Still battling the bullies As John Donovan rolls out companies, he leaves behind both admirers and enemies, The Boston Globe,June 30, 1996
- ^ a b Price guarantee pays off for Cambridge Technology, Boston Business Journal, May 3–9, 1996
- ^ http://www.fundinguniverse.com/company-histories/Cambridge-Technology-Partners-Inc-Company-History.html
