markets commodity markets government services and digital media founded 1990 headquarters boston massachusetts united states key people alan j. herrick co chairman and ceo services business consulting and integrated marketing services revenue 1.305 billion 2013 1 operating income 125.22 million 2013 1 number of employees 11 900 december 31 2013 1 parent publicis website www.sapient.com sapient is a marketing and consulting company that provides business marketing and technology services to clients . the company operates three divisions sapientnitro sapient global markets and sapient government services . on february 5 2015 sapient became a fully owned division of french advertising giant publicis in a deal valued at 3.7 bn 2.3 bn . 2 contents 1 history 1.1 early years 1.2 international expansion 1.3 history of sapient acquisitions 2 divisions 3 corporate affairs 4 culture 4.1 office space 5 awards 6 references 7 external links history edit early years edit sapient was founded on november 6 1990 . the two founders jerry greenberg and stuart moore met at cambridge technology partners an it services company located in cambridge massachusetts . the co founders recognized the need for a different type of mindset in the it consulting world . sapient chose to use a fixed term fixed price model for pricing projects rather than charging on a time and materials basis . in addition greenberg and moore relied on their own resources instead of venture capital to fund the company s operations . this allowed them to keep control of the organization and set long term strategic goals . during this period sapient was also an early adopter of internet based technology and internet based work grew to over 70 % of total revenue by 1999 . both client satisfaction and the pioneering use of the internet led to rapid growth in the period from 1992 to 2000 with revenue growing from 950 000 in 1992 to 503 million in 2000 . 3 international expansion edit after a period of contraction during the dot com bubble in the early 2000s sapient looked overseas to grow a substantial portion of revenue rising over 30 % in only 3 years . this growth was driven by a strategy called global distributed delivery which sought to capitalize on the quickly growing tech market in india to grow sapient s software development capabilities . the operations in india would supplement project teams globally . 3 as sapient has sought to expand its business as a leader in an emerging market the company has made several strategic acquisitions in its history . sapient s first high profile acquisition was of planning group international pgi in 2006 which greatly expanded sapient s experiential marketing and ux capabilities . another important acquisition was dcg group in 2008 which augmented its existing capital markets offerings . 4 in 2009 sapient announced its largest acquisition ; the 50 mil acquisition of the nitro group which added 300 employees . this acquisition also helped define three separate business units within sapient . 5 history of sapient acquisitions edit year name division refs 2016 vertiba sapient 6 2014 campfire sapientnitro 7 2014 onpoint government services 8 2014 la comunidad sapientnitro 9 2013 ithink sapientnitro 10 2013 m phasize sapientnitro 11 2012 secondstory sapientnitro 2011 dad sapientnitro 12 2011 clanmo sapientnitro 13 2009 nitro sapientnitro 14 2008 derivatives consulting group dcg global markets 15 2008 ichameleon sapient 16 2006 planning group international pgi sapient 17 2005 business information solutions sapient 18 2000 human code sapient 19 1999 adjacency sapient 20 1999 e lab sapient 21 1998 studio archetype sapient 22 divisions edit sapient is divided into three business units . sapientnitro is an integrated digital marketing agency . sapient global markets provides business and technology services and solutions to firms in the capital markets and commodity industries . sapient government services offers strategic digital and creative services to public sector clients . corporate affairs edit in april 1996 sapient went public with a price of 21 a share . in the subsequent four years share prices in the technology sector increased substantially . sapient was no exception and its shares soared to a split adjusted price of 550 . however the dot com bust in late 2000 hit sapient shares hard and they declined to a low of 0.75 share . over the next few years growth picked up and the share price recovered accordingly hitting a high of 17.95 in 2014 . 23 culture edit sapient s office in gurgaon sez india . sapient s culture has been profiled by case studies within the harvard and yale business schools as an example of leadership and organizational behavior . sapient s culture is built upon six core values . these values are meant to guide employee behavior and decision making . they are used in sapient s interview process and form an important part of the company s week long initiation program called sapient start . 3 office space edit all sapient offices have open layouts where it is difficult to decipher any hierarchy . whiteboards dominate the office space and are used frequently for meetings and work plans . 24 these two characteristics of sapient office spaces are considered a way to support the core values of the company . 25 sapient s offices have received global recognition for their innovative and collaborative work spaces including the iida gold award for corporate office design arlington va office . 26 awards edit year name division refs 2014 sgs named a best place to work in the dc area by the washington post government services 27 2014 teresa bozzelli named the industry executive leader of the year by affirm government services 28 2014 parkinson s disease biomarkers program named overall winner of the excellence.gov awards by act iac government services 29 2012 nhsc jobs board named a finalist for the hhsinnovates award government services 30 2013 ad age 2013 agency report 1 largest digital agency us nitro 31 2013 ad age 2013 agency report 4 largest digital agency worldwide nitro 32 2013 ad age 2013 agency report 2 largest mobile marketing agency us nitro 33 2013 ad age s agency a list 2013 agency to watch nitro 34 2014 laura a. rugarber named by consulting magazine as one of its 35 under 35 global markets 35 2014 best for project delivery within budget 2014 energy risk technology rankings global markets 36 2013 financial technologies forum news technology innovation awards 2014 best consultancy for operations best regulatory compliance solution for operations cmrs global markets 37 2012 banking technology awards 2012 best industry infrastructure initiative european datawarehouse global markets 38 references edit a b c annual report fy13 pdf . sapient . march 14 2014 . retrieved april 16 2014 . publicis completes sapient acquisition . 2015 02 06 . a b c khurana rakesh and joel podolny . sapient corporation . harvard business school case 405 045 september 2004 . revised october 2005 sapient to buy dcg . . 2014 04 15 . sapient to buy nitro for 50 mil . . 2009 06 16 . publicis.sapient acquires vertiba a salesforce gold consulting partner . . 2016 03 02 . sapientnitro moves further into interactive film with addition of groundbreaking creative shop campfire . . 2014 03 28 . sapient expands government services footprint through acquisition of onpoint . . 2014 02 10 . award winning creative agency la comunidad joins sapientnitro . . 2014 01 15 . sapientnitro expands into latin america with acquisition of ithink . . 2013 01 16 . sapient acquires m phasize providing marketers with mix modeling expertise to enable better investment decisions in a fast changing media landscape . . 2013 01 10 . sapientnitro acquires dad . . 2011 09 08 . sapientnitro acquires clanmo a leading mobile agency in europe . . 2011 07 19 . sapient to buy nitro for 50 mil . . 2009 06 16 . sapient to buy dcg . . 2014 04 15 . ad age ichameleon founder will oversee digital campaigns across asia . 2010 06 02 . sapient buys marketing agency . 2005 12 13 . sapient completes acquisition of business information solutions . 2005 06 07 . sapient to buy human code a media developer . . s.f. net shop deal shatters price record . san francisco business times . 1999 05 16 . retrieved 2011 07 24 . sapient to acquire leading experience based research firm e lab ; combination sets the standard for strategies to shape customer interactions on the internet . . 1999 09 27 . sapient corp. buys studio archetype . advertisingage . 1998 08 26 . retrieved 2011 07 24 . yahoo finance . 2014 04 15 . the art of whiteboarding . 2011 05 23 . nagy andrea jaan elias and joel podolny . sapient defining success was both the challenge and the opportunity . yale case 06 017 november 17 2006 . sapient arlington office wins gold at iida design awards . 2013 04 16 . sapient top workplaces . 2013 04 29 . 2014 affirm leadership award winners . 2014 06 12 . excellence.gov awards march 24 2014 . 2014 03 24 . jobs site among hhsinnovates winners . 2012 09 24 . agency report 2013 index . 2013 04 29 . agency report 2013 index . 2013 04 29 . agency report 2013 index . 2013 04 29 . agency report 2013 index . 2013 04 29 . sapient global markets laura a. rugarber named as a rising star in consulting magazine s 35 under 35 . 2014 04 25 . sapient global markets tops 2014 energy risk technology rankings . 2014 03 06 . ftf 2014 winners . 2014 05 06 . european datawarehouse wins best industry infrastructure initiative at banking technologyawards 2012 pdf . 2012 12 14 . external links edit official website retrieved from https en.wikipedia.org w index.php title sapient corporation & oldid 743142542 categories publicis groupecompanies established in 1990companies listed on nasdaqinternet marketing companiesonline companiessoftware companies of india navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view 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