Deloitte Consulting and Epylon Announce Strategic Alliance.Business Editors NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & SAN FRANCISCO--(BUSINESS WIRE)--Aug. 21, 2000 Leading 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 Aligns with eBusiness Solutions Innovator to Deliver eProcurement to K-12 Education Institutions Deloitte Consulting, one of the world's leading management consulting firms List of Management Consulting Firms 1. McKinsey & Company 2. Marakon Associates 3. Boston Consulting Group (BCG) 4. A.T. Kearney 5. Booz Allen Hamilton (BAH) 6. Monitor Group 7. Bain & Company 8. Roland Berger , and Epylon Corporation, the leading provider of hosted eBusiness solutions for education and government institutions, today announced a strategic alliance in which the firms will leverage their unique strengths in education to deliver Epylon's tailored eProcurement solution to the $80 billion K-12 education market. Deloitte Consulting Ventures, a division of Deloitte Consulting L.P., has acquired an equity stake in Epylon. Deloitte Consulting will deliver Epylon's eProcurement solution to education institutions, greatly reducing administrative processing costs and increasing purchasing efficiencies. Deloitte Consulting will also provide value-added services such as assessing business processes, implementing change management programs and integrating Epylon into schools' existing purchasing and financial systems. "Bringing school districts together with suppliers through eProcurement saves time, effort and money, allowing schools more flexibility to embrace the latest technologies and increase organizational effectiveness Organizational effectiveness is the concept of how effective an organization is in achieving the outcomes the organization intends to produce. The idea of organizational effectiveness is especially important for non-profit organizations as most people who donate money to non-profit ," said Doug Taylor, Public Sector Global Director for Deloitte Consulting. "Epylon's speed to market, innovative business model, and unique alliance with Ariba positions them as a leader in public sector eProcurement. Our relationship with Epylon enhances our long-standing commitment to the public sector and our dedication to helping educational institutions meet the challenges and reap the rewards of streamlining procurement and related business processes." "The alliance will bring together two of the most powerful eBusiness solution providers in the education market, leveraging Deloitte Consulting's market eminence eminence /em·i·nence/ (em´i-nens) a projection or boss. caudal eminence a taillike eminence in the early embryo, the remnant of the primitive node and the precursor of hindgut, adjacent with Eplyon's compelling procurement solutions and experienced management team," Taylor said. Deloitte Consulting and Epylon will collaborate on related business development, marketing, product development, technical integration and training. In addition to serving the education market, the firms will collaborate in other public sector markets. Schools across the nation have been successfully processing eCommerce transactions with the Epylon system, which allows schools to rapidly embrace the very latest technology solutions currently being used by leading private sector entities. "This unique strategic alliance will significantly strengthen the relationships that we have formed with schools, as well as further differentiate Epylon as the preferred eProcurement solutions partner," said Stephen J. George, founder 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 Epylon. "We are thrilled by our new alliance with Deloitte Consulting which will deliver an unbeatable and practical value proposition to our customers." More than $859 billion is spent by government entities in 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. . The K-12 education segment is composed of nearly 100,000 K-12 public schools in 16,000 school districts, in addition to almost 28,000 private schools. Epylon and Deloitte Consulting estimate that the K-12 market for their solutions covers at least $80 billion annually. Deloitte Consulting has more than 40 years of experience in the education market working with clients to bring efficiencies to their business processes through technology. Deloitte Consulting also offers expertise in education business processes, change management and systems integration. Epylon delivers a cost-free, eCommerce solution specifically designed around education's unique operating, workflow and regulatory environment. Epylon's alliances with Deloitte Consulting and Ariba uniquely position Epylon to serve this market. About Deloitte Consulting Deloitte Consulting is one of the world's leading e-Business consulting firms, providing services in all aspects of enterprise transformation, from strategy and processes to information technology and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . The firm's e-Business professionals help clients create, defend and/or reinvent their business and economic models by guiding them through the complexities of the evolving digital economy. Deloitte Consulting is a part of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , one of the world's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, which provides assurance and advisory, tax, and consulting services through more than 90,000 people in over 130 countries. The firm serves nearly one-fifth of the world's largest companies as well as large national enterprises, public institutions, and successful fast-growing companies. For more information about Deloitte Consulting, visit http://www.dc.com. About Epylon Corporation Epylon Corporation is the leading provider of hosted eBusiness solutions for education, government and other public sector institutions. Leveraging its alliances with Deloitte Consulting, Andersen Consulting See Accenture. and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business eCommerce technology and network services provider Ariba, Epylon provides a tailored eProcurement solution that includes expertise in public sector business processes, technology designed around the public sector's unique operating and workflow environment, the leading business-to-business eCommerce platform, change 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 integration expertise. The company currently has over 1,200 registered school districts and government agencies, representing over $7 billion in annual spending, and more than 1,500 registered supply partners including Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, , Grainger, Staples, Xerox, Wesco and Barnes & Noble.com. Headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif., Epylon is privately held and can be found on the Web at www.epylon.com. |
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