Covansys Corporation
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Covansys, a CSC Company | |
---|---|
Type | Public (NASDAQ: CVNS) |
Founded | 1985 |
Headquarters | Farmington Hills, Michigan |
Key people | Raj Vattikuti, Founder and CEO |
Industry | Information Technology Services and Consulting |
Revenue | USD 455 Million (2006) |
Employees | ~8,400[1] |
Parent | Computer Sciences Corporation |
Website | www.covansys.com |
Covansys Corporation (NASDAQ: CVNS) is a global consulting and technology services company headquartered in Farmington Hills, Michigan. The company specializes in industry-specific solutions, strategic outsourcing and integration services. Raj Vattikuti founded Covansys in 1985, originally named Complete Business Solutions, Inc., with five employees. Now it has more than 8,400 consultants and employees worldwide. It has six international delivery centers and 21 offices worldwide, which generated revenues of $455.5 million in 2006, an increase of 4.9% compared with the revenue of the fiscal year 2005. Vattikuti serves as President and CEO of the company.
Contents |
[edit] Industries
Financial Services, Healthcare, Life Sciences, Retail and Distribution, Manufacturing, Transportation, Telecommunications and High-Tech Industries
[edit] Services
- Application Development & Maintenance
- Independent Validation & Verification Services
- Infrastructure Services
- Technology Services - SOA / DW / Legacy Modernization
- Packaged Application Services
- Product Engineering
- Systems Integration
- Business & Knowledge Process Services
- ERP Services.
[edit] Company Highlights
In 2006, Covansys India received the Top Exporter Award among the industries operating out of the Jurisdiction of Madras Export Processing Zone, Chennai. In 2005, three Covansys India facilities and two Covansys U.S. facilities received the British Standard Information Security Management System BS7799-2:2002 certification. In 2005, Covansys earned the Digital Government Integrator Innovation Award presented by the Center for Digital Government for its SPIRIT project as the most innovative use of technology in Government. Covansys made Business Today’s Top Ten List as one of the Best Companies to Work for in India 2005. In 2003, Covansys received the IBM Americas Business Partnership Leadership Award.
[edit] Covansys India Limited
Covansys India Limited is a Wholly owned subsidiary of Covansys Corporation. Covansys India's head office is located in MEPZ Chennai. Its chief executive officer is K Subrahmaniam.
Two of the company's three wholly owned development centers in India are assessed at Level 5 in SEI CMM, all three are ISO 9001:2000 certified and assessed at Level 5 in PCMM, and five global facilities are BS7799-2:2002 certified. It has a fast growing ERP Practice based in Mumbai, India. One of the frontrunners in SAP implementations. Its Global ERP operations is headed by Pathamadai Srinivasan.
Covansys, for the second consecutive year, is ranked at number eight as one of the top ten best companies to work for in India,among all industries and companies that participated in the Mercer - TNS survey published in Business Today: Nov. 5, 2006 issue.
On Wednesday, April 25, 2007 Covansys announced its intention to merge with Computer Sciences Corporation (CSC)[2]. The merger was completed in July 2007.[3]
Covansys will operate as a separate business unit of CSC, with its own P&L, and will now be known as “Covansys – a CSC Company.” Raj will be President of this new business unit.
[edit] References
- ^ Company Profile. Covansys. Retrieved on 2007-05-10.
- ^ CSC TO ACQUIRE COVANSYS FOR $34.00 PER SHARE
- ^ CSC: CSC COMPLETES ACQUISITION OF COVANSYS July 2, 2007