TULSA, Okla., Nov. 19, 2012 — Stonebridge, the award-winning information technology consulting firm, today announced solid business growth for the nine months ended September 30th, resulting in year-over-year revenue growth of 20 percent. In addition to the revenue increase, earnings were 60 percent higher compared to the same period last year.
The increase was attributed to revenue growth in all three Stonebridge business units, with Business Service Management (BSM) achieving 35 percent growth, the Oklahoma unit with 25 percent growth and the Texas operations with 10 percent growth.
Stonebridge’s strong Q3 results follow the strongest first-half performance in the company’s history.
Matthew Childress, Senior Vice President, said, “Our Q3 business results were solid and broad-based, which is consistent with our performance for the year. As a company and as a team, we continue to operate at a high level in all phases of our business—from marketing and client acquisition to client delivery and knowledge transfer. Our performance confirms our commitment to relentlessly pursue new solutions that bring measurable value to our clients, our partners and our associates.”
Significant Stonebridge accomplishments for Q3 2012 included:
- Recognized as a BMC ESM Premier Partner by BMC Software, a leading enterprise IT management company. The Premier Partner designation reflects Stonebridge’s leadership position in the business service management (BSM) consulting discipline and the company’s stellar record in client projects involving BMC Software products.
- Launched Pipeline360°, a geospatial dashboard solution that extends the power of geo-based data visualization to the entire pipeline organization. Based on Stonebridge’s 360° Solution Framework for the oil & gas industry, Pipeline360° provides a holistic picture of the pipeline business by combining data from internal and external sources and presenting it in a Web-based interactive map view.
- Named a Remedyforce Certified Partner by BMC Software. Stonebridge was the third BMC partner to be recognized as a Remedyforce Certified Partner. Developed by BMC and Salesforce.com, Remedyforce delivers a comprehensive cloud-based IT service desk without an initial capital investment. Stonebridge also delivered its first Remedyforce engagement in Q3.
Specifically in Q3, 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:
- Stonebridge collaborated with the IT department of a prestigious healthcare services company based in the Southwestern United States to elevate its service management capabilities. The project’s objective was to improve IT management’s reporting and analysis capabilities by collecting more effective and meaningful information. The engagement required Stonebridge to rationalize and normalize the service management foundation data used across a number of IT processes and systems, including the client’s Remedy IT Service Management (ITSM) installation as well as numerous internally developed systems. The project is the latest in a series of Stonebridge-led initiatives to support this client’s goal to mature its service management capabilities.
- Stonebridge completed an application development project for an independent diversified energy company to create a custom application that provides mobile access to the company’s business social environment. The mobile application enables “anytime/any place” access to the client’s “communities of practice” intranet portal, a Facebook-style social business platform also developed in collaboration with Stonebridge. With the addition of mobile access, the solution more fully facilitates communication and collaboration across a decentralized network of internal departments and increases sharing of intellectual capital throughout the enterprise. Technologies used to develop the solution, which is based on Stonebridge’s Enterprise Solution Platform (ESP) framework, include SharePoint, FAST Search, Windows Server 2008 R2, SQL Server 2008 R2, Visual Studio and Apple iOS.
- Stonebridge completed an upgrade of the BMC IT Business Management (ITBM) Demand and Resource Management module to v8 from v7.6.04 SP1 for a leading manufacturer of IT security software. Also included in the ITBM upgrade was integration of Business Objects XI for enhanced reporting. This project was the latest BMC ITBM project Stonebridge has led for this client. Previously Stonebridge implemented BMC ITBM v7.6.x for the client, which was the world’s first successful implementation of v7.6.x. The client selected Stonebridge in large part based on the high quality execution in those earlier ITBM upgrade projects.
- Stonebridge provided advisory and integration services to support the implementation of Remedyforce for a top manufacturer of bakery products for the foodservice industry. Stonebridge is one of a small number of consulting firms certified by BMC Software to deliver Remedyforce, which is the cloud-based version of BMC’s ITSM Remedy Service Desk. Via a series of workshops at the client site, Stonebridge worked with the client’s service desk team to develop key components and workflows in the Remedyforce platform in order to meet the IT services needs of the client’s more than 700 employees.
- A Fortune 500 energy company selected Stonebridge to conduct a Phase Zero assessment to define the technical framework for a key performance indicator (KPI) dashboard. The assessment will review and advance the client’s specified list of approximately 130 KPIs. Stonebridge will identify high-level requirements and scope; define analysis themes; establish the solution architecture for automating delivery of KPI metrics to business users; and assess data quality and determine the complexity of KPI generation. Additionally Stonebridge will create a phased implementation plan and cost estimate that will serve as the roadmap for the development of the KPI dashboard application as well as additional reporting, analysis and data visualization capabilities.
- A Fortune 500 power company selected Stonebridge to manage the implementation of Oracle Enterprise Manager (Grid Control) and Oracle Internet Directory. The company’s data center operations provider engaged Stonebridge to replace the initial subcontractor assigned to the project who had fallen behind schedule. Stonebridge was able to get the database project back on schedule, including implementation of a disaster recovery solution and thorough testing of the environment. Because of Stonebridge’s efforts and deep expertise in Oracle environments, the project went live without further delays.
- Stonebridge kicked off a Phase Zero assessment of the business intelligence (BI) environment supporting marketing and merchandizing initiatives for a major U.S. convenience store operator. 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. In the assessment, Stonebridge is conducting a thorough evaluation of the existing reporting environment, defining a master data management (MDM) and data governance strategy, and delivering a technology roadmap and high-level project plan for the BI architecture, including a marketing and merchandising data warehouse.
- A large wholesale landscape nursery selected Stonebridge to develop an application for generating custom product tags for commercial customers who sell the plants under their own brand. The client’s customers include some of the largest retail and home improvement chains in the country. Stonebridge will create a custom application that will enable the client to produce brand-specific tags for each plant. The new .NET application will replace the existing Access-based tool and significantly streamline data assembly and sorting for custom tags. The client company chose Stonebridge because of the maturity of its business intelligence consulting practice and status as a Microsoft Managed Gold Partner.
- A leading U.S. independent oil & gas exploration and production company selected Stonebridge to provide consulting and application development services to transform its SharePoint intranet environment into a portal-based “knowledge network.” Stonebridge will develop company-wide standards for the client’s electronic records management processes. Additionally Stonebridge will develop a universal search capability to enable more efficient and effective information retrieval within the portal. The client selected Stonebridge based on its oil and gas industry focus and extensive track record of success in delivering SharePoint solutions, including the client’s recent upgrade from SharePoint 2007 to SharePoint 2010.
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.