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Consulting & Business Services:<BR>Collaboration Tops Consultants' To-Do ListsConsulting & Business Services:<BR>Collaboration Tops Consultants' To-Do Lists

Firms count on technology to make sure knowledge is shared

InformationWeek Staff

September 19, 2002

4 Min Read

Ask just about any CIO to list his or her top IT objectives, and you'll likely get an answer that includes improved collaboration. That's especially true at consulting firms and business-services providers where the core assets are knowledge and people.

"Our value to a client is to give them the best advice for solving a problem," says Peter Jessel, managing director and CIO at Towers Perrin, a privately owned global management firm. "The best way for us to do that is to leverage the 8,000-plus employees and their collective wisdom, expertise, and experience." Towers Perrin has built a collaborative network that makes information sharing easier using content management, electronic meetings, shared information repositories, and sophisticated search engines.

Ernst & Young LLP is cultivating collaboration with clients. It has created a single network infrastructure of about 4,000 IP phones that support data, voice, and video conferencing.

Other firms have invested in XML to improve collaboration. Manpower Inc., a global workforce-management services firm with sales last year of $10.5 billion, developed XML-based specifications that describe various transactions. The specs were adopted by the HR-XML industry-standards consortium, a nonprofit group that's developing standards to automate human-resources data exchanges. Manpower developers are incorporating standards into order-entry and fulfillment, Web-ordering, and time-reporting systems. Manpower expects communication with subcontractors to improve. "We do so much subcontracting, and there are opportunities to save a few dollars and make our information flow much more efficiently,'' CIO Peter Stockhausen says.

Information is flowing more freely at Towers Perrin, too. In addition to its collaborative network, it has improved knowledge management by providing groups of its consultants with dashboards that include news of the day culled from internal and external sources, software, and bulletin boards. It plans to build a similar platform for its customers, and by year's end will have an area on its public Web site for the firm's top 100 clients where they can access software tools and databases, information repositories, and electronic team rooms.

Collaborative systems have helped Towers Perrin and other services providers to react more quickly to their clients' needs, Jessel says. "As best as you can leverage knowledge across the globe for a client, the more value you bring."

INDUSTRY LEADERS

Rank

Company

Revenue in millions

Income (loss)
in millions

IT
employees

20

Wallace Computer Services Inc.

$1,693

$53

275

26

Ernst & Young LLP

$4,900

1,400

32

DynCorp

$1,960

$61

6,680

54

Adecco

$16,218

$418

980

84

Spherion Corp.

$2,713

$107

306

90

Ogilvy & Mather Worldwide

$1,200

300

128

Gevity HR

$3,180

($16)

58

129

ABM Industries Inc.

$1,950

$33

80

137

Towers Perrin

1,000

141

Maritz Inc.

$1,500

850

153

Deluxe Corp.

$1,278

$186

175

168

Manpower Inc.

$10,483

$125

900

214

Hewitt Associates

$1,502

$183

2,620

241

Cintas Corp.

$2,270

$234

200

244

Wheels Inc.

$1,000

--

78

251

Kelly Services Inc.

$4,257

$16,549

600

268

Equity Office Properties Trust

$3,130

$2

90

292

Xerox Corp.

$17,008

($71)

800

295

Bowne & Co. Inc.

$1,100

($24)

330

306

KPMG Consulting Inc.

$2,368

($27)

98

319

Administaff Inc.

$4,373

$10

127

339

EPIX Corp.

$1,800

--

40

343

Waste Management Inc.

$11,300

$1

425

354

Lanier Worldwide

$1,067

--

125

409

CDI Corp.

$1,488

($16)

165

435

Volt Information Sciences Inc.

$1,932

$6

200

474

Service Corp. International

$2,510

($1)

230

498

Booz Allen Hamilton

$2,100

--

2,500

Financial data is from public sources and company supplied.
Revenue is for latest fiscal year.
Employee data is from InformationWeek 500 qualifying survey.

IN A NUTSHELL

INSIDE COMPANIES

Average portion of revenue spent on IT

3%

Companies providing customized solutions to customers

73%

Companies seeking IT patents, trademarks, or copyrights

39%

HOW COMPANIES DIVIDE THEIR I.T. BUDGETS

Hardware purchases

13%

Services or outsourcing

25%

Research and development

3%

Salaries and benefits

30%

Applications

17%

Everything else

12%

INDUSTRY FINANCIALS

Average year-over-year revenue change

-3.0%

Average year-over-year net income change

-200.0%

DATA: InformationWeek research
See year-over-year shifts in business-technology practices for this industry. Compare and contrast this year's data with last year's.

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