CRA International Teams up with UMS Group to Broaden Service Offerings to Utility Clients.BOSTON -- CRA See Community Reinvestment Act. International, Inc. (Nasdaq: CRAI CRAI Centre De Recherche En Architecture Et Ingénierie (French) CRAI Continuous Regional Arterial Infusion CRAI Consorzio per la Ricerca e le Ipplicazioni di Informatica (Italy) ), a worldwide leader in providing economic, financial, and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services, today announced that it has recently teamed up with the international management consulting firm UMS (Unified Messaging System) See unified messaging. Group Inc. to provide consulting services to DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. CRA and UMS completed a performance analysis of DPL's coal generation plants and provided more than 50 specific improvement recommendations. "The CRA/UMS team provided both a strategic roadmap and a detailed implementation plan for DPL to achieve operating improvements in our larger coal units," said Steve Wolff, president, power production at DPL. "We were particularly impressed with the team's ability to provide detailed process maps that enabled us to identify and prioritize actions that would lead to near-term measurable, significant savings in operating and capital costs." UMS, based in Parsippany, New Jersey, specializes in enterprise-level value creation and performance management solutions for the global utilities industry. The company has a proven track record in identifying and implementing performance improvements in all elements of the utility value chain, from generation, transmission, and distribution through customer service. CRA and UMS have recently agreed to pursue further opportunities to work together, in order to be able to offer a wider range of services and capabilities to energy clients. "UMS Group enables us to offer our clients a more comprehensive set of services, especially related to realizing the cost savings and synergies from mergers and acquisitions," noted Paul O'Rourke, co-head of CRA's Energy Practice. "CRA and UMS already work with many of the same clients globally, and our relationship with UMS will further strengthen CRA's relationships with clients in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and the Asia Pacific region." "We are pleased to work with a company that complements CRA's strengths in serving the utility industry as well as UMS does," said James C. Burrows, CRA's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "UMS is a recognized leader in utility asset management, performance assessment, and performance improvement. Our new relationship will help CRA broaden the range of services we provide to utility clients, especially in the area of improving operating performance." In discussing the CRA-UMS relationship, Jack Shearman, UMS Group founder and CEO, stated, "The consolidating North America utility market requires the scope and depth of services that this relationship offers. There is a critical need today for integration of strategic, economic, regulatory, operational, and performance expertise. Timely assessments and strong implementation support across these areas can assure that utilities capture the earliest and greatest value from new initiatives and transactions. We are excited about the expanded capability our relationship with CRA will enable us to bring to our global client base." About UMS Group Inc. UMS, founded in 1989, has offices in the U.S., Europe, and Australia. Experienced senior consultants deliver fact-based consulting based upon proprietary databases, analytical tools, and methodologies. UMS Group services have been utilized by over 300 gas, electric, and water utilities around the world. About CRA Founded in 1965, CRA International is a leading provider of economic and financial expertise and management consulting services. Working with businesses, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a for complex assignments with pivotal and high-stakes outcomes. The firm is distinguished by a unique combination of credentials: deep vertical experience in a variety of industries; broad horizontal expertise in a range of functional disciplines; and rigorous economic, financial, and market analysis. CRA offers a proven track record of thousands of successful engagements in regulatory and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. Headquartered in Boston, the firm has more than a dozen offices within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and nine offices in Canada, Europe, the Middle East, and the Asia Pacific region. Detailed information about CRA is available at www.crai.com. Statements in this press release about CRA International's relationship with UMS Group are "forward-looking" statements as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties, including then prevailing market conditions. Information contained in these forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. is inherently uncertain, and actual performance and results may differ materially. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, general economic and business conditions, acquisition costs, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, intense competition, and professional liability. Further information on factors that could affect CRA's financial results is included in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion