TULSA, Okla., Aug. 15, 2012—Stonebridge, the award winning information technology consulting firm, today announced its Q2 performance resulted in the strongest first half in the company’s history.
Stonebridge’s revenue in the first half of 2012 was 40% higher, with earnings over 200% higher, as compared to the same period last year. The increase was attributed to revenue growth in all three Stonebridge business units, with the Oklahoma unit achieving 34% growth, the Texas operations with 25% growth, and Business Service Management (BSM) with 76% growth.
Matthew Childress, Stonebridge Senior Vice President, said, “We are extremely pleased with our first-half performance. Revenue growth in the first half was broad-based, with all of our business units registering impressive gains, with particularly robust growth in our BSM unit. Our outstanding performance is a reaffirmation of our commitment to improve profitability, drive delivery excellence and pursue growth.”
Significant Stonebridge accomplishments for Q2 2012 included:
- Launched Enterprise Social Platform (ESP), a new service offering that enables organizations to extend Microsoft SharePoint collaboration software into a robust, Facebook-style enterprise business-focused social networking solution.
- Expanded its Database Services offerings to offer organizations the widest possible range of skilled DBA resource options for Oracle and SQL Server environments—from “on demand” resources on a short-term project basis to a retainer-based managed services program that delivers skilled DBA resources on a monthly basis.
- Announced that it will be a Silver Sponsor of WWRUG12, the premier BMC ITSM and Action Request System educational event, Oct. 15-19 in San Jose, Calif.
- Established an innovative “Stonebridge Boot Camp” training program designed to develop the company’s next generation of IT consulting leaders via a hyper-focused crash course in high-end technical skills and required consulting “soft skills” such as client communication and professional ethics.
Specifically in Q2, Stonebridge won competitive consulting contracts with new clients and extended long-term engagements with existing accounts. Key contract wins and projects for the quarter included:
- A major U.S. convenience store operator selected Stonebridge to conduct a Phase Zero™ assessment of its business intelligence (BI) environment supporting the company’s consumer marketing and merchandising departments. The client’s primary goal is to simplify the available BI mechanisms to access and analyze marketing and merchandising data and consolidate available data sources and toolsets onto a common enterprise data architecture. Stonebridge will conduct a thorough evaluation of the existing reporting environment, define a master data management (MDM) and data governance strategy and deliver a technology roadmap and high-level project plan for the BI architecture, including a marketing and merchandising data warehouse.
- One of the world’s leading international insurance providers engaged Stonebridge, in partnership with BMC, to automate business processes utilizing the Service Request Management (SRM) module of the BMC IT Service Management (ITSM) application suite in a BMC Remedy onDemand cloud environment. Stonebridge utilized Advanced Interface Forms to facilitate multi-tiered requirements that allowed the client to consolidate multiple requests and workflow to drive approvals, assignments and automation. Stonebridge also trained the client’s resources across three continents to build similar requests in the SRM module. By enabling the client to build its own requests, Stonebridge enabled the client to maximize its utilization of Remedy ITSM.
- Stonebridge completed a Phase Zero assessment for a major regional electric company to formulate a strategy for a multi-user visual BI solution to enable real-time monitoring and management of IT assets and procedures extending from the service- and process-level out to the field device. The client’s objective is to create standardized cross-functional processes that will improve responsiveness to IT incidents, events and outages to enable consistent decision making and IT service availability. Stonebridge’s assessment will focus on gathering and analyzing business requirements of multiple business users and create a visual BI strategy for IT services, including a technical roadmap and implementation plan. The resulting best practices and recommendations will be used to identify the visualization approaches, required data sets, performance measurements and analytics, and actions to ensure availability of services provided by the client’s IT group.
- One of the world’s largest financial institutions engaged Stonebridge as an IT Business Management (ITBM) subject matter expert to lead the implementation of the BMC ITBM Demand and Resource Management solution. The objectives of the project are the creation of a standardized global service delivery model to enable automation and self-serve delivery; the reduction in escalations during infrastructure planning and fulfillment; standardization of project and portfolio management for business units across multiple continents; and overall improvement of quality and consistency of service delivery for forecasting, design, management, approval and fulfillment of project and/or service requests.
- A large wholesale landscape nursery renewed its managed database administration (DBA) services agreement with Stonebridge to support enterprise business applications. As part of the contract renewal, Stonebridge will continue to support the client’s Oracle database environment via the SmartSourceSM DBA managed services program. Previously Stonebridge led the client’s large database upgrade project from Oracle 8i to Oracle 11g.
- Stonebridge developed a SharePoint-powered knowledge management solution designed to improve innovation and collaboration at a major midstream oil & gas company. The client envisioned the solution as an “idea funnel” to capture suggestions from field personnel on potential opportunities to improve processes and reduce costs. The Stonebridge solution utilizes InfoPath electronic forms to capture employee suggestions, which are then stored as lists with SharePoint. The client selected Stonebridge over two competitors, citing Stonebridge’s extensive experience with SharePoint development projects for oil & gas companies.
- Stonebridge completed a Microsoft SharePoint migration for a leading U.S. independent oil & gas exploration and production company. The client sought to upgrade from its existing SharePoint 2007 deployment to SharePoint 2010 in order to take advantage of the enhanced features of the 2010 platform, including advanced business intelligence, project management, document and records management, and search capabilities. Stonebridge oversaw the entire upgrade effort including planning, installing and configuring the new SharePoint 2010 environment, as well as managing the migration of all content and applications into the new environment.
- Stonebridge designed and implemented a Microsoft-based business intelligence solution for a commercial landscape nursery. The solution was specifically designed to deliver key performance metrics (KPIs) to the client’s executive management. Stonebridge built the backend data components and reporting functionality, and also provided user training to the executive users. The client selected Stonebridge because of its business intelligence expertise and status as a multi-competency Microsoft Managed Gold Partner.
- Stonebridge developed a SharePoint-driven prospect maturity tracking solution for an independent energy company. The client’s existing Excel-based method for prospect maturity tracking was prone to process inconsistency and data integrity issues. To create the solution, Stonebridge extracted the client’s business logic and prospect maturation process workflow and then developed a dynamic database design that enabled a four-dimensional visualization of prospect maturity data. The Stonebridge solution, which utilizes SharePoint, SQL Server and InfoPath, provides users with a consistent process and set of business rules across all prospects, thereby increasing accuracy of and visibility into prospect maturity status.
- A mid-sized oil & gas operating company engaged Stonebridge to develop a .NET custom application for water resource management. The client envisions the application will enable it to proactively address the water needs of its long-term drilling and workover operations. The company selected Stonebridge to provide development expertise for the water system application suite because of Stonebridge’s oil & gas expertise and its proven expertise in .NET application development.
- Stonebridge completed an OpenText ECM Suite upgrade for a global manufacturer of oil & gas flow equipment products. The project centered on the migration of enterprise data from the client’s existing OpenText Livelink 9.7.0 environment to a new OpenText Content Server 10 environment. Stonebridge provided strategic guidance and support to successfully complete the project, including development of the architectural design for a standardized reporting environment and application of implementation best practices within the Content Server 10 environment.
- A community college renewed its SmartSource DBA agreement with Stonebridge for on-demand managed database services. The agreement is the client’s fourth consecutive renewal with Stonebridge for database services. Stonebridge will continue providing support of the school’s SQL Server database environment. The client cited Stonebridge’s ability to provide timely, efficient and cost-effective database support as the key factor in the decision to continue its relationship with Stonebridge.
About Stonebridge
Stonebridge is an information technology consulting firm focused on helping organizations harness the power of their people, processes and technology. Our clients look to us as a strategic partner with a shared commitment to achieving their business objectives and maximizing their business performance. Founded in 1995 on a commitment to establishing high-value strategic alliances with our clients, Stonebridge has provided business solutions to organizations in all major industries, representing private, public, government, and non-profit entities. More information is available at www.sbconsulting.com.