Friday, July 25, 2014

Infinite Group, Inc. (IMCI): The New Class of Management IT Consultant Companies

Infinite Group helps free businesses from having to manage their information technology (IT), so those companies can focus on their core business. Infinite Group is essentially a consulting firm focused on aiding companies with outsourcing their information technology, augmenting their IT staff, aiding with communication and mobility needs, providing services like project management, enhancing security of IT, as well as services like business process re-engineering which aid companies in how to re-think work flow in order to cut organizational costs and improve competitiveness.

According to analyst firm MarketsandMarkets, Infinite Group falls into the category of businesses referred to as managed IT services which is estimated to be at least a $143 billion market growing at a rate of 12.4% per annum, and expected to be a $323 billion market by 2020. High demand for such services is expected to continue as implementation of managed services reduces an enterprises’ IT costs by anywhere from 30 to 40%. It has been suggested that this estimate could be overtly conservative, as when the third-party management of private, hybrid and public cloud assets are factored in, the total growth of the managed services market could double.

Although advisors to the rich and powerful have existed throughout nearly all of human history, management consulting firms didn’t really begin to exists till the early 1900s, when Frederick Winslow Taylor published his monograph on “The Principles of
Scientific Management” in 1911, helping corporations like Bethlehem Steel increase their productivity by organizing their workflow with time-motion studies. Over the decades, the majority of consulting practices were organized in the same structure as law firms, using the private partnership model, with businesses like Booz, Allen, & Hamilton, McKinsey, Arthur Anderson, and others. The majority of consultants were academics, engineers, and recent MBA graduates. Entering into the 1990s, the importance of restructuring the IT infrastructure of major corporations and government agencies picked up in earnest, and divisions of major public corporations like IBM’s Global Solutions Group filled that niche.

Since then major changes in the consulting business began to occur as we transitioned from the late 1990s into the 2000s. Many of the consulting firms structured as partnerships were also working on the audits of the finances of major corporations, and this was seen as a conflict of interests. Greater value was placed on entrepreneurial individuals with years of industry experience over MBA new hires. Wide-ranging business strategy planning consultancy was valued less than nuts-and-bolts implementation of cost reducing outsourced IT. The large partnership firms didn’t go away, but there has been an ongoing transition to publicly traded firms such as Razor Fish, and Sapient. With the advent of new computational technologies, newer companies are coming to market to capture their share of an explosively growing market.

Infinite Group was one of the earliest managed IT services firms to offer platform virtualization services. With virtualization, rather than have several computer servers each running with their own operating system which are accessed by their corporate users, one larger computer server effectively has virtual servers of which each user has his own private account, and such access reduces costs. With cloud computing, shared resources, software and information are provided to computers and other devices as a utility over a private network or the Internet. Cloud computing to reduce costs for business has been a key driver of growth for the Infinite Group. With nearly 100 employees, Infinite Group has a strong track record of delivering services to large institutional customers like Hewlett Packard and Pepsi, as well as working for numerous government agencies. It won’t be long before the partnership firms of yesteryear like McKinsey & Company and Accenture become replaced with aggressively growing upstarts like the Infinite Group, Inc.

For more information, visit www.igius.com

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