Business Services Industry
Adjoined Consulting Celebrates Five Years of Impressive Growth; Clear Vision, a Successful Model and Solid Execution Contribute to 50% CAGR Year-Over-Year
Business Wire, April 11, 2005
MIAMI -- Adjoined Consulting, an industry-focused, full-service management consulting, technology and outsourcing firm today proudly announced that this month marks its fifth anniversary. This major milestone provides an opportunity for the firm to celebrate and reflect on what has been a record-setting first five years of growth.
Adjoined was founded in Miami, in April of 2000, and has blazed a trail of success during its five-year history. While the annual growth rate for the consulting market hovered around 3% in 2004, according to Kennedy Information, Inc., Adjoined grew its business in excess of 30% to over $50 million in revenue in 2004, while maintaining profitability. This is nearly ten times the industry average, clearly placing Adjoined among the fastest growing consulting firms. Already, through the first quarter of 2005, the firm's combined revenue and backlog has surpassed last year's revenue confirming Adjoined is on pace to achieve its $75 million goal for 2005.
Company founder and CEO Rodney Rogers credits Adjoined's success to its formula of focusing on a select set of industries and only deploying seasoned consultants who have Tier 1 consulting expertise and deep vertical industry knowledge within these specific industries. Adjoined also attributes its success to expanded relationships with core clients and to newly formed relationships with blue chip companies.
"Our five-year anniversary offers an opportunity to commemorate our impressive growth and reflect on our accomplishments," said Rogers. "Most importantly, on behalf of the executive team, I want to honor this anniversary by personally thanking all Adjoined team members, clients, and partners for the vital roles they have played in our success."
Adjoined will continue to grow by offering innovative strategy, technology and outsourcing solutions that help enterprises to optimize performance, reduce costs and remain focused on their core competencies. The firm is also positioning itself for long-term success by deepening its service offerings and identifying pockets of acceleration within their strategic industries of focus, while maintaining its organic growth rate.
About Adjoined Consulting
Adjoined Consulting is an industry-focused, full-service management consulting, technology services and outsourcing firm that offers strategic operational consulting, leading-edge technology integration, outsourcing solutions and original, independent research. With more than 200 Global 2000 companies as clients, Adjoined focuses on solving business challenges for clients in the consumer packaged goods & retail, life sciences, industrial products, financial services, communications & media and travel & leisure industries. Headquartered in Miami, Adjoined also has offices in New York, Boston, Philadelphia, Atlanta and Tampa and outsourcing data centers in Boston and Phoenix. For more information on Adjoined Consulting visit http://www.adjoined.com.
Copyright (C) 2005 Adjoined Consulting, Inc. All rights reserved. Adjoined Consulting and the Adjoined logo are trademarks or registered trademarks of Adjoined Consulting, Inc. Other product or company names mentioned herein are the trademarks of their respective owners.
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