It's easier to retain workers these days, according to David Langstaff, president and chief executive of Veridian Corp., a 5,000-employee information technology company in Arlington, Va.
Carta of Sacramento, Calif., which tried to build a business developing Web sites for government agencies, has ceased operations. The 5-year-old firm sent nearly all its employees home after running out of money to pay them for further work.
Once again, investors will focus on earnings over the next few weeks. With so many information technology service companies ? and technology companies in general ? having pre-announced poor first quarter results, the focus will really be on the outlook for the second quarter and second of the year.
Revenue at Accenture, formerly known as Andersen Consulting, reached $10.3 billion for the year ended Dec. 31, 2000, a 10 percent increase over 1999 results and a 14 percent increase excluding the effects of currency translations.
Most investors are hiding in underground bunkers by now and have ceased their declarations that each successive market low is a definite buying opportunity. This is particularly true for technology investors with a predominance of focus on the Nasdaq.
SI International Inc., a privately held information technology and telecommunications company, announced March 15 it has spun out its telecommunications business into a separate company, SI International Telecom Corp.
The barrage of phone calls and e-mails started last October, immediately after Electronic Data Systems Corp. was announced the winner of the $6.9 billion Navy-Marine Corps Intranet contract.
Since my last article in Washington Technology, the bad news has continued concerning information technology spending, with the two leading e-business services companies, Sapient Corp. and DiamondCluster, pre-announcing poor results for the second time this year.
KPMG Consulting Inc. is embarking on an enterprise resource planning project in Pennsylvania that industry and government officials expect to be closely watched as one of the largest projects of its kind.
The Boeing Co.'s offer to help overhaul air traffic control systems in the United States has drawn a skeptical response from the companies already building such systems and from the federal agency responsible for the safety and smooth operations of commercial flights.
The bursting of the dot-com bubble in the government market has left a nagging question for many startup companies still in business: What's the best way to make a profit?
Officials at startup company Virtual Compliance Inc. say that unlike many Internet-based businesses, theirs solves a real problem: how to comply with federal regulations.
VC3 Inc., a small integrator serving the public and private sectors, is seeking to expand its GovHost.com e-government division's reach nationwide through the Feb. 15 debut of a new reseller program.
