PROFILE |
 |
Covansys wants its customers to use their computer systems to best advantage. Formerly Complete Business Solutions, the company provides a variety of information technology (IT) services -- including software development, packaged software implementation, contract programming, and IT strategy -- to mainly midsized clients in the financial services, health care, manufacturing, retail, and utility industries. Covansys also designs custom applications for vertical industries such as education and the public sector. Clients include Ford, Johnson Controls, Lands' End, and Sprint. Founder and co-chairman Rajendra Vattikuti owns almost a quarter of the company, as does investment firm Clayton, Dubilier & Rice.
COMPETITION |
 |
American Management Systems, Incorporated (AMSY)
Electronic Data Systems Corporation (EDS)
Keane, Inc. (KEA)
DEALS |
 |
Deal: WebTone Raises $7 Million
Date Announced: 05.24.00
Value of transaction (US $Mil): 7
Description: Customer-relationship management software firm raises funding from venture-capital firms and S1 Corp.
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 419.60
1-Yr. Sales Growth: (9.2)%
Employees: 5,157
Revenue per employee: $81,365.13
KEY PEOPLE |
 |
Michael W. Bealmear
CEO
Timothy S. Manney
CFO
CONTACT INFO |
 |
32605 W. Twelve Mile Rd., Ste. 250
Farmington Hills, MI 48334
US
Phone: 248-488-2088
Fax: 248-488-2089
Online: Web Site
|