Cambridge Technology Partners announces Rapid Process Implementation; New services strategy integrates business renewal and technology for innovative solutions in rapid time frames.CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 21, 1996--Cambridge Technology Partners (Nasdaq: CATP CATP Cambridge Technologies (stock symbol) CATP Coverage Acceptance Test Plan CATP Committee of Adaptation to Technical Process ), today announced the introduction of a new 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 and systems integration services strategy, Rapid Process Implementation (RPI RPI - Rockwell Protocol Interface ). Cambridge's RPI model re-engineers the re-engineering process by closing the gap between strategy and implementation and revitalizes clients' business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . RPI provides clients with three major benefits: integration of strategic management consulting and IT systems development; elimination of the financial risks typically involved in traditional consulting and systems integration engagements; and assimilation of new technology-enabled business solutions in unprecedented time frames. "Until now, there has been a major disconnect between traditional business process re-engineering See reengineering. (business) Business Process Re-engineering - (BPR) Any radical change in the way in which an organisation performs its business activities. BPR involves a fundamental re-think of the business processes followed by a redesign of business activities to and application deployment, frequently resulting in unsuccessful deployments because the best business case was not identified," said James K. Sims, 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. of Cambridge Technology Partners. "As a result of our successful merger with Axiom axiom, in mathematics and logic, general statement accepted without proof as the basis for logically deducing other statements (theorems). Examples of axioms used widely in mathematics are those related to equality (e.g. , both companies are working together as one team to enable both strategic business decisions and technology decisions be made in parallel throughout the client engagement. This enables the four divisions of the business system -- process, organization, people, and technology -- be developed in rapid time frames and ensures that the resulting solution will provide long-term strategic value." The RPI methodology is fueled by the new Rapid Business Renewal (RBR RBR Richard Burns Rally (game) RBR Rubber RBR Radio Business Report (magazine) RBR Red Bull Racing (Formula 1 motor racing team) RBR Row Based Replication ) methodology developed by Axiom Management Consulting, which Cambridge acquired in October 1995, and the successful integration of RBR with Cambridge's Rapid Application Deployment (RAD) services. RPI becomes the core of Cambridge Rapid Solutions Services (CRSS CRSS Critical Resolved Shear Stress CRSS Commercial Remote Sensing System CRSS Consolidated Range Simulation System (Western Space Lift Range) ), a comprehensive suite of Cambridge services that comprises the full range of Cambridge's consulting, implementation, and educational expertise. RPI helps Cambridge clients to achieve market leadership more successfully in an age of unrelenting business change. By enabling more effective ways of conducting business, particularly in the areas of customer management, RPI will help clients focus on productivity and profitable growth rather than simply cutting costs. "RPI provides clients with a single source for both the creation and implementation of new business operations," said Mike Korchinsky, president of Axiom. "At every stage of the client engagement, RPI focuses on four essential components -- people, process, organization, and technology -- to ensure long-term value and competitive advantage. RPI greatly reduces the financial risks for clients and ensures a rapid engagement time frame, sometimes in as little as six to twelve months." Cambridge's RPI services strategy was founded on three basic conclusions about traditional management consulting and systems integration approaches: -- the traditional pricing model of systems integration and management consulting based on time and materials labor and materials (time and materials) n. what some builders or repair people contract to provide and be paid for, rather than a fixed price or a percentage of the costs. is flawed -- process-driven systems development is ineffective when management consulting and systems development are disconnected -- simply automating existing processes diminishes the long-term value of the system "The old model of systems integration is dying rapidly for two primary reasons: it is too slow for today's accelerated business environment, and it fails to balance management consulting with rapid application development," said Stan Lepeak, program director for the META Group, Stamford, Conn. "Traditional systems integration approaches management consulting and technology implementation as two distinct entities, creating a gap in which new processes cannot be realized through IT solutions. Cambridge's RPI model removes the disconnect between strategy and implementation through a continuous multi-faceted process that results in systems that create sustainable value Sustainable Value Sustainable Value is an approach to measure and manage sustainability performance. The concept was developed by researchers who are working today for Queen's University Belfast for the client." "We've grown at an unprecedented rate by using a consensus-based systems development methodology, yet the processes we implemented were often defined by someone else," Sims said. "Now, with our RPI strategy, we hope to lead the market into the next era of business solutions, and further differentiate our services from the old-fashioned consulting formula." In addition to RPI, the new CRSS suite of services includes Enterprise Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , such as IT strategy and network consulting; Educational Services, such as technology training, empowerment, and change management; The Management Lab, such as the popular Lycea seminars for CIOs; and specialized Domain services, such as customer management systems (electronic commerce), and knowledge management systems (Intranet services). Axiom Management Consulting, formed in 1988 and acquired by Cambridge Technology Partners in 1995, is an innovator in the field of business operations change. The firm helps clients master today's complex and fast-changing business environment for competitive advantage by identifying, designing and implementing original solutions to business problems. Axiom gears growth-oriented change efforts to take place in six to 12 months, approximately half the time of traditional consulting projects. The firm offers a fixed time/fixed price for project completion, thus sharing with clients the risk associated with change, and guaranteeing unprecedented commitment to successful on-time, on-budget project delivery. Founded in 1991, Cambridge Technology Partners is one of the fastest growing companies in the systems integration industry, with a proven track record of developing and deploying client/server distributed applications An application made up of distinct components running in separate runtime environments, usually on different platforms connected via a network. Typical distributed applications to more than 500 organizations worldwide. Working within a unique fixed time/fixed price model, Cambridge's systems development expertise also includes package implementation and educational services. Cambridge has had revenue growth at an average of 60 percent per year, and has expanded to 20 offices globally. CTP CTP (cytidine triphosphate): see cytosine. (1) (Computer-To-Plate) The production of printing plates directly from the computer without requiring film as an intermediate step. currently has more than 1,200 employees. -0- Cambridge news on the Web: http://www.ctp.com Axiom news on the Web: http://www.axiom.com CONTACT: Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Irish Cambridge Technology Partners 617-374-8705, ciris@ctp.com or Doug Black/Michael Bayer Miller/Shandwick Technologies 617-536-0470, dblack@miller.shandwick.com |
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