Andersen Consulting's Communications Practice Grew 32 Percent in 1996.CHICAGO--(BUSINESS WIRE)--March 24, 1997--Andersen Consulting's Communications Industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. Group, which serves most of the world's major service providers in the communications industry, increased net revenues 32 percent in 1996, to $756 million, the global management and technology consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a announced today. The firm's overall 1996 net revenues climbed 26 percent to $5.3 billion. Andersen Consulting See Accenture. is thriving because we are very focused on helping our clients to deliver greater value to their customers, and through such efforts, increased value to their shareholders," said George T. Shaheen, Andersen Consulting's worldwide managing partner. "Our ability to develop and deliver inventive solutions is fueling our vigorous growth." Andersen Consulting showed strong growth in industries buffeted by major change, especially the communications industry. In the last five years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time practice has more than quintupled in size. The practice's 1996 growth was strong worldwide, with its Americas region up 27 percent; Asia/Pacific region up 22 percent; and revenues for the region of Europe/Middle East/ Africa up 52 percent. "The global communications industry is at a turning point in its evolution," said Larry R. Levitan, Worldwide Managing Partner for the Communications Industry Group. "We have identified major trends, whether they are deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned or market entry, that are forcing this evolution, shaping the industry and driving competition. "Our ability to focus globally and develop global services for our clients enables them to address competitive challenges and opportunities and successfully match the industry's constant evolution with their own speed of innovation," added Levitan. Among major client work illustrating this point, Levitan cited: --Telephone and Data Systems, where Andersen Consulting has successfully helped the company reengineer its general accounting, accounts payable, procurement and decision support processes. --Telstra, for whom Andersen Consulting has developed the Usage Processing System. This high-performance message processing engine complements Telstra's flexible billing system. --Iridium, where Andersen Consulting is helping to implement a satellite voice communications capability. Iridium iridium (ĭrĭd`ēəm), metallic chemical element; symbol Ir; at. no. 77; at. wt. 192.22; m.p. about 2,410°C;; b.p. about 4,130°C;; sp. gr. 22.55 at 20°C;; valence +3 or +4. will surround the earth with 66 low-orbit satellites that will connect wireless telephones and pagers. Showcasing the industry leaders' bold approach to change will be this year's CCF CCF abbr. Cooperative Commonwealth Federation of Canada '97, an annual communications industry conference sponsored by Andersen Consulting. This year's conference, titled "Competing at the Speed of Change," will be held in Barcelona, Spain from May 5 to May 7. It will feature such key speakers as Ronald LeMay, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Sprint; Francisco Ros, president of international development of UNISOURCE; Lawrence Babbio, vice-chairman of Bell Atlantic Corporation; Francesco Chirichigno, chief executive officer of Telecom Italia Telecom Italia is formerly a partially state-owned Italian telco. It was once known as SIP, and it has the largest user base in Italy. Telecom Italia also owns shares in Telecom Argentina and Telecom Personal, fixed and cellular networks in Argentina. ; and Masanobu Suzuki, executive vice-president, international affairs Noun 1. international affairs - affairs between nations; "you can't really keep up with world affairs by watching television" world affairs affairs - transactions of professional or public interest; "news of current affairs"; "great affairs of state" headquarters, of Nippon Telegraph & Telephone Corporation. The firm's Communications Industry Group, with 6,000 communications consultants worldwide, serves most of the world's major service providers, including telecommunications carriers, cable television companies, and wireless and satellite carriers. The group delivers end-to-end solutions for transforming its clients' businesses, including integrating customer care with provisioning and network maintenance, creating and supporting the deployment of interactive multimedia services and streamlining overall enterprise management. Andersen Consulting is a $5.3 billion global management and technology consulting organization whose mission is to help it clients change to be more successful. The organization works with clients in a wide range of industries to link their people, processes and technology to their strategies. Andersen Consulting has more than 45,000 people in 47 countries. Its home page address is http://www.ac.com. CONTACT: Cam Granstra Andersen Consulting 312/931-3369 |
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