Why Zefer Viant and MarchFirst failed? MarchFirst was formed by the merger between Whittman-Hart and USWeb. Whittman-Hart world a traditional systems integrator (dealing with Digital Communications) whereas USWeb is an Internet consulting firm, the merger resulted in failure. The main reason of failure was clash of conventional culture of Whittman-Hart and the free-and-easy web culture of USWeb. Viant was one of the considerably-nigh successful web consulting firms during initial Internet era. Both the IT firms failed during dot-com babble which hit the market during 1995-2001 period. The reason was lack of sustainable business model, and policy of growth over profit assume increase in customer base would result in high profits. Zefer is being led by Bill Seibel, who was disclose of the original management team at systems integrator Cambridge engineering science Partners The downturn in the Net economy took a ships bell on Zefer, as it did to every other consultancy. It twice called glowering a patternned initial public offering in the late 2000 in light of the bear market for tech stocks. The company then went into retrenchment mode, laying off hundreds of its 800 employees in several rounds in 2001 and in a bid to rack up costs. The company has also sold some of its assets to NEC Corp., the Nipponese computer company.
Factors for Consulting Company success- 1) Develop a strong and sturdy Business plan --- IT consulting firm should have a stalwart Business model which can help the firm to shoot for out of any turbulence like Dot-Com bubble in year 2000. 2) Strategies for profit over growth --- impertinent year 2000, IT consulting firms should focus on high profit margins alternatively than concentrating just on Customer base. Active market scheme should be in place for Profit as well as Growth. 3) Develop a strong IT consulting business plan --- Its the most critical factor for the success of an IT consulting firm. It show solution to the biggest challenge for an IT firm how to... If you want to get a full essay, order it on our website: Orderessay
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