Is Keane a private or public company?
Although Keane is a public company, it has remained a family-run business since its inception in 1965. Keane, Inc. was founded in December 1965 in a small office above Nichols Donut Shoppe in Hingham, Massachusetts, by John F. Keane, a former programmer at IBM.
What is the Global Delivery strategy of Keane?
The company has implemented a global delivery strategy that includes offshore development centers in India and a near-shore development center in Canada. Although Keane is a public company, it has remained a family-run business since its inception in 1965.
How did Keane grow in the late 1990s?
As a consulting firm offering customized software services, Keane, Inc. enjoyed phenomenal growth in the late 1990s by providing Y2K-related software solutions. Its annual revenue surpassed $1 billion in 1998 and 1999.
How did Keane respond to the Y2K crisis?
To address the Y2K concerns of potential clients, Keane developed a Year 2000 Compliance Methodology through a partnership with Viasoft, Inc. For 1996 Keane reported revenue of $467.1 million and net income of $25.4 million. In the first half of 1997 Keane hired an additional 1,000 employees because of Y2K contracts.
What year did John F Keane start his company?
1965: John F. Keane founds his company to provide software services to businesses. 1970: Keane’s company goes public. 1971: Keane develops a productivity management process to avoid project overruns.
How did Keane’s acquisitions affect its revenue?
Keane’s acquisitions helped boost the company’s revenue from around $100 million to $350 million. In early 1994 Keane acquired several software companies from Nynex Corp., which was in the process of divesting all of its software service businesses.
What is the relationship between base branch and Keane?
Branch offices work in conjunction with Keane Consulting Group, the Company’s business consulting arm, and are supported by centralized Strategic Practices and Quality Assurance Groups. 1965: John F. Keane founds his company to provide software services to businesses.