Diamond Management & Technology Consultants
Encyclopedia
Diamond Management & Technology Consultants (casually referred to as Diamond) was an independent management consulting firm founded in 1994, headquartered in Chicago, IL with satellite offices in Hartford, CT
Hartford, Connecticut
Hartford is the capital of the U.S. state of Connecticut. The seat of Hartford County until Connecticut disbanded county government in 1960, it is the second most populous city on New England's largest river, the Connecticut River. As of the 2010 Census, Hartford's population was 124,775, making...

, New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

, Washington DC, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, and Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

. It was acquired by PwC
PwC
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....

 in 2010. Diamond was a smaller player among companies such as Mercer Management Consulting, Deloitte Consulting, and Accenture
Accenture
Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. It is the largest consulting firm in the world and is a Fortune Global 500 company. As of September 2011, the company had more than 236,000 employees across...

. The industrial segments under which Diamond operated include consumer packaged goods, financial services, and health-care, among numerous others.

History

Diamond was founded as Diamond Technology Partners in Chicago in 1994 by Mel Bergstein with investment from founding partners and Safeguard Scientifics. The firm went public in early 1998. On 2000-11-28 the company was renamed to DiamondCluster International, Inc. as part of a merger with European management consulting firm Cluster Consulting. In 2006 the company was again renamed, this time to Diamond Management & Technology Consultants, Inc. as it divested portions of its international operations.
As of 3 November 2010, Diamond Management & Technology Consultants was acquired by PwC and renamed into Diamond Advisory Services..

Diamond had throughout its history well-defined relationships with major technology pioneers such as Alan Kay
Alan Kay
Alan Curtis Kay is an American computer scientist, known for his early pioneering work on object-oriented programming and windowing graphical user interface design, and for coining the phrase, "The best way to predict the future is to invent it."He is the president of the Viewpoints Research...

, a member of the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

, as well as John Perry Barlow
John Perry Barlow
John Perry Barlow is an American poet and essayist, a retired Wyoming cattle rancher, and a cyberlibertarian political activist who has been associated with both the Democratic and Republican parties. He is also a former lyricist for the Grateful Dead and a founding member of the Electronic...

, Gordon Bell
Gordon Bell
C. Gordon Bell is an American computer engineer and manager. An early employee of Digital Equipment Corporation 1960–1966, Bell designed several of their PDP machines and later became Vice President of Engineering 1972-1983, overseeing the development of the VAX...

, David Reed
David Reed
David Reed may refer to:* David A. Reed , U.S. Senator from Pennsylvania, 1923–1935* David Reed , British Labour Party Member of Parliament, 1970–1974* Dave L. Reed , member of the Pennsylvania State House...

, Dan Ariely
Dan Ariely
Dan Ariely is an Israeli American professor of psychology and behavioral economics. He teaches at Duke University and is the founder of The Center for Advanced Hindsight.-Biography:...

, and Dan Bricklin, all regular faculty members of the privately-branded industry conference called Diamond Exchange.

From 1998 to 2003 the company published an industry magazine named Context Magazine, the premiere issue of which included an interview with Microsoft
Microsoft
Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions...

 founder Bill Gates
Bill Gates
William Henry "Bill" Gates III is an American business magnate, investor, philanthropist, and author. Gates is the former CEO and current chairman of Microsoft, the software company he founded with Paul Allen...

.

On November 2, 2010, PricewaterhouseCoopers
PricewaterhouseCoopers
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....

acquired Diamond for $12.50 per share in cash. Diamond now operates as PwC's Diamond Advisory Services.

Awards

  • The National Association for Business Resources
    • Chicago's Best and Brightest Companies to Work For (2005, 2006, 2007)
    • Chicago's Best and Brightest Companies to Work For, Elite Winner, Compensation & Benefits (2005)
  • Consulting Magazine, Top Ten Firms to Work For (2004, 2005, 2006)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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