Edgewater Technology
Encyclopedia
Edgewater Technology is a technology management consulting firm headquartered in Wakefield, Massachusetts
, United States. Edgewater, recognized by CNN/Money as the 28th fastest growing small business in 2008. and ranked among the Globe 100 best businesses in MA 2008, The company provides services (primarily in North America) both vertically by industry and horizontally by product and technology specialty.
Under Shirley Singleton’s direction, Edgewater has grown from a privately held, five-person shop into a publicly traded, technology management consulting firm with more than 320 consulting professionals nationally.
In December 2000, during an incident known as the Wakefield massacre
, an Edgewater employee, Michael McDermott, shot and killed seven fellow employees, for which he was sentenced to life imprisonment
.
solutions with a concentration in Oracle
/ Hyperion
's toolkit.
Wakefield, Massachusetts
-History:-Geography:The diagram above shows what is to the east, west, north, south, and other directions of the center of Wakefield. Towns with population above 25,000 are in bold italics.-Demographics:-Notable residents:...
, United States. Edgewater, recognized by CNN/Money as the 28th fastest growing small business in 2008. and ranked among the Globe 100 best businesses in MA 2008, The company provides services (primarily in North America) both vertically by industry and horizontally by product and technology specialty.
History
Edgewater Technology (Edgewater) was founded in 1992 by Shirley Singleton and David Clancey. Shirley Singleton served as the Company's President from 1992 through 2002. The company grew from a five person shop to a 150 person professional services organization before being acquired in 1999 by StaffMark, a publicly traded international billion dollar staffing organization. Edgewater was an operating subsidiary focusing on project-based IT consultancy business under the StaffMark organization. In January 2002, StaffMark changed its name to Edgewater Technology, Inc., as well as its Nasdaq ticker to EDGW, moved its public company structure from Fayetteville, AR to Wakefield, MA. Shirley Singleton was then named the Company's President and Chief Executive Officer.Under Shirley Singleton’s direction, Edgewater has grown from a privately held, five-person shop into a publicly traded, technology management consulting firm with more than 320 consulting professionals nationally.
In December 2000, during an incident known as the Wakefield massacre
Wakefield massacre
The Wakefield massacre occurred on Tuesday, December 26, 2000, at Edgewater Technology in Wakefield, Massachusetts, United States, during which the gunman, Michael "Mucko" McDermott, an application support employee, shot and killed seven co-workers....
, an Edgewater employee, Michael McDermott, shot and killed seven fellow employees, for which he was sentenced to life imprisonment
Life imprisonment
Life imprisonment is a sentence of imprisonment for a serious crime under which the convicted person is to remain in jail for the rest of his or her life...
.
Subsidiaries
In October 2004, Edgewater acquired Ranzal and Associates, a provider of Enterprise Performance ManagementEnterprise performance management
Enterprise Performance Management is a management field of Business Performance Management which considers the visibility of operations in a closed-loop model across all facets of the enterprise. There are several emerging domains in the EPM field which are being driven by corporate initiatives,...
solutions with a concentration in Oracle
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
/ Hyperion
Hyperion Solutions
Hyperion Solutions Corporation was a business performance management software company, located in Santa Clara, California, USA, which was acquired by Oracle Corporation in 2007...
's toolkit.
Acquisitions
Edgewater has a two prong approach to growth - both organic and acquisitive. The Company has made a number of strategic acquisitions:- Ranzal & Associates (October 2004): A provider of Enterprise Performance Management solutions with a concentration in Oracle / Hyperion's toolkit.
- National Decision Systems (February 2006): A firm specializing in strategic business process consulting;
- Alecian Corporation (July 2007): A strategic technology and business consulting firm that specializes in delivering financial management solutionSolutionIn chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...
s;
- Lynx BI Consulting, Inc. (September 2007): A provider of professional services for the Corporate Performance Management / Business Intelligence industry;
- Vertical Pitch LLC (December 2007): A provider of Corporate Performance Management.
- Fullscope, Inc. (January, 2010)
- Meridian Consulting International (May, 2010): A provider of professional services for Oracle Hyperion Strategic Finance