Keane, Inc. Passes Milestone With More Than 25 Application Outsourcing Engagements Certified at CMM Level 3
Keane Displays Commitment to Improve Client Processes
BOSTON, March 7 /PRNewswire/ -- Leading business and information technology (IT) consulting firm Keane, Inc. (Amex: KEA), shows further evidence of its commitment to deliver proven return-on-investment to its customers as it passes a milestone of having more than 25 client engagements certified at Level 3, as measured against the Software Engineering Institute's (SEI) Capability Maturity Model (CMM(R)). Cincinnati Bell is Keane's latest application outsourcing client to be certified.
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The Center for Systems Management (CSM), a worldwide training firm specializing in project management, systems engineering and software process improvements, is providing the independent certification for all of Keane's client engagements. Other Keane clients to receive Level 3 certification include State Street Bank, Merrill Lynch, Maidenform, AT&T, Toyota, and Bell Atlantic. In addition, Keane has two engagements, Sears and People's Energy, which have achieved Level 4 certification.
"Keane made the decision in 1997 to provide all of our application outsourcing clients the competitive advantage of industry-accepted, advanced IT processes. Our CMM-compliant methodology and processes enable our clients to reap the benefits of reduced costs, shorter time to market and continuous measurable improvement," said Tim Barry, vice president, application outsourcing, Keane, Inc. "Keane has proven that we have the capabilities necessary to provide our clients these benefits considerably faster than the industry average. This clearly positions Keane as a world-class application outsourcing provider."
Keane's average time to bring a client to CMM Level 3 is 12 months, an impressive contrast to the industry average of approximately 3.5 years.
Keane is using the CMM as one method of validating and quantifying the business value it brings to clients. The SEI's Capability Maturity Model is an objective vehicle for helping companies achieve information systems (IS) process improvements by presenting a series of five well-defined levels, each outlining practices to be adopted and goals to be met before advancing to greater process maturity. The CMM has become a de facto standard for measuring the effectiveness of IT organizations. Of the surveyed companies evaluated for CMM compliance, fewer than 15 percent achieve Level 3 and less than three percent of all evaluated organizations achieve a Level 4 rating, according to the SEI. Most organizations are at Level 1, the lowest level.
Having advanced CMM processes in place provides Keane's clients with key business benefits, including significant productivity improvements, quicker development cycles, lower production application support costs, improved process quality, and the achievement of a high-performance IT organization that supports the business.
Headquartered in Boston, Massachusetts, Keane, Inc. is a $1 billion firm that helps companies plan, build and manage applications to achieve business advantage. Keane does this by adhering to rigorous process and management disciplines and performance metrics incorporated in its core IT solutions. Keane's services include business innovation consulting, digital strategy, e- Solutions, customer relationship management (CRM) and application development maintenance outsourcing. These services are delivered through a network of more than 50 branch offices in North America and the United Kingdom. Information about Keane is available via www.keane.com or via Shareholder Direct at 1-800-75-KEANE.
This release contains a number of forward-looking statements concerning the company's current expectations as to future growth. Actual results may differ materially depending on the various factors set forth under the caption "Certain Factors That May Affect Future Results" in the company's annual report or Form 10-K for the year ended December 31, 1998, which important factors are incorporated herein by reference. Such factors include business conditions, the successful completion of software development or management projects, the availability of professional staff and various other factors which involve risk and uncertainty.
SOURCE Keane, Inc.
CO: Keane, Inc.
ST: Massachusetts
IN: CPR MLM
SU:
03/07/2000 14:01 EST prnewswire.com |