Fast Growth Catapults the Axean Group to New Heights.ORINDA, Calif.--(BUSINESS WIRE)--Dec. 6, 1999-- On the top floor of Theatre Square, The Axean Group, a three-year-old 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 relishes the view -- not to mention the attention that comes with being recognized as one of the Bay Area's fastest growing private firms. The Axean Group, who has received multiple awards for its rapid growth, is expected to continue its positive trend that has outpaced industry growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. since its inception. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC, a leading information technology research and analysis source, the U.S. Consulting Services market has been experiencing double-digit growth and is predicted to reach $55 billion by the year 2003. Revenue growth for The Axean Group is expected to continue in the same fashion as in previous years with growth increasing almost 800% from its beginnings at $1.3 million in 1996 to $11.4 million in 1999. "Our strategy of providing technology solutions tailored to the business need, combined with the quality of our experienced team has proved to be a winning combination that's helped propel our growth," stated Victor Tayao, 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 The Axean Group. The primary market drivers for technology consulting are seen in many of the business trends today such as mergers, acquisitions, corporate restructuring, the growth of e-commerce and other web technologies. In order to stay competitive and remain ahead of the technology curve, industry experts advise organizations of all sizes to increase their spending on network consulting and integration services. Larger organizations must research and invest in an internet presence and intranet development to stay competitive. The Axean Group, founded in 1996 by information technology executives, provides a better way to design and implement technology so that it truly supports business growth. The Axean Group offers technology infrastructure, distributed computing (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. , and web application development services that help clients reduce operating costs operating costs npl → gastos mpl operacionales and create competitive advantages. With corporate offices in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay and a new Training Education Center (TEC) in San Francisco, The Axean Group serves clients throughout the United States in banking, electronics, food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and , healthcare, publishing, telecommunications and other industries. More information about The Axean Group can be found online at www.axean.com. Note to Editors: Photos available upon request. |
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