About Covansys

Headquartered in Michigan, Covansys Corporation (a CSC company) is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our unique delivery capability to achieve rapid deployment, world-class quality and reduced costs. Covansys is well known in application maintenance and development outsourcing in the healthcare, financial services, retail and distribution, manufacturing, telecommunications and high-tech industries.

Founded in 1985, Covansys now has more than 8,400 consultants and employees worldwide. Covansys was one of the first U.S.-based IT services companies to establish offshore facilities in India, and is a pioneer in seamlessly integrating offshore capabilities into its offerings. Two of the company's three wholly owned development centers in India are assessed at Level 5 in SEI CMM^®, all three are ISO 9001:2000 certified and assessed at Level 5 in PCMM^®, and five global facilities are BS7799-2:2002 certified.

Covansys has maintained a strong clientele base with approximately 90 percent recurring business. Our professional heritage bridges the largest ‘Old World’ legacy systems and the New Economy’s leading-edge web applications.

We have six international delivery centers and 21 national offices, generating revenues of $434.1 million in 2005.

Our Focus

Through our in-depth vertical expertise in Financial Services, Healthcare, Life Sciences, Retail and Distribution, Manufacturing, Telecommunications and High-Tech Industries, we harness our strong domain and technology competence to identify business problems and deliver the right solutions to our clients. Our flexible onsite, offsite, and offshore delivery model lends itself to a full spectrum of outsourcing services – from application maintenance and development to legacy modernization and complete technology outsourcing, including data-center operations.

The Financial Services Industry forms a major share of our business portfolio spanning a cross-section of financial services including securities, capital markets, portfolio and asset management, banking and insurance. Our clients include top global brands in the financial services business. Covansys meets their challenges and rules for corporate governance, accountability, disclosure, independent research and transparency.

Our Service Offerings

Application Development & Maintenance – Covansys’ rich heritage in application maintenance and development outsourcing (AMD/O) allows us to develop and integrate the solutions required to efficiently and cost-effectively manage high volume transaction-based business processes. Our state-of-the-art IT outsourcing services rely on more than a decade of audited quality processes, our own worldwide network and infrastructure, and highly qualified professionals in place to reduce risk and operating costs, while improving quality.

Independent Verification & Validation Services – To give our clients an unbiased opinion on issues related to software, we offer Independent Testing services. Our testing, verification and validation methodologies are customized for various industries to ensure usability and interoperability of software applications and systems. One of the prime objectives of this service offering is to reduce defects across a SDLC process.

Infrastructure Services – We offer end-to-end infrastructure services by leveraging our unique global delivery methodology. Our clients benefit from our flexible infrastructure management model that is consistent, predictable and cost-effective.

Packaged Application Services – We have alliances with leading packaged software organizations that cover ERP, SCM, CRM and EAI. Our in-depth vertical expertise adds more value to product implementation, upgrades, customization and support-related assignments we undertake. Our clients approach us for product evaluation, selection and implementation services to ensure reduced cost of ownership, quicker returns and lower risks.

Product Engineering – Covansys partners with clients to handle large product development activities. Our ability to meet the clients’ product development related needs leads to shorter concept-to-market lifecycle, IP protection, reduced cost of ownership and enhanced innovation.

Systems Integration – For more than two decades, Covansys has helped clients to seamlessly integrate diverse systems, applications and platforms. Organizations approach us to minimize risk, leverage IT investments, and in the process, to ensure smooth and productive functioning of the IT infrastructure.

Business & Knowledge Process Services – Covansys manages back-office business processes, analytical services and transactions on behalf of its clients.

Our Success

Our true differentiator – An in-depth understanding of technologies, best practices required for building complex enterprise applications, strong subject matter expertise, an excellent track record in ramping up and down quickly, and managing large projects sets us apart from our competitors.

Covansys supports this claim with our investment in a global technology group that spans across our world-wide operations. This group provides technical leadership for our delivery teams, ensuring that applications are architected and developed for robustness, performance and maintainability, while adhering to industry-standard guidelines.

Covansys follows some of the highest IT industry’s international quality standards. Two of the company’s three wholly owned development centers in India are assessed at Level 5 in SEI-CMM^®, all three are ISO9001:2000 certified and assessed at Level 5 in SEI-PCMM^®, and five delivery centers are rated BS7799;2:2002. In addition, Covansys’ proprietary next-generation methodology, COSMO (Covansys Offsite Success Model of Operation), is the encapsulation of our best practices using multi-site project execution and is the underlying reason behind the ‘best in class’ status.

Covansys global teams are committed to quality and are made up of thousands of highly skilled professionals encompassing a broad range of technology disciplines. We stand ready to support enterprises and to help resolve the toughest challenges that our clients face. Our global teams are motivated, dedicated and are driven to achieve and excel, allowing Covansys clients to experience continued state-of-the-art IT services for decades to come.

In a recent survey, jointly conducted by Business Today, Mercer HR Consulting and TNS, Covansys India was ranked among the top 10 companies to work for in India. The rating was based on the information from HR Metrics, Employee Satisfaction levels through surveys, live feedback from key external stakeholders and a review of HR processes and systems.

Success Stories

• A Fortune 100 wholesale distribution company was spending 75 percent of its IT budget on maintenance support. Our offshore delivery capabilities turned that ratio upside down. Today, 75 percent of the company's IT expenses are spent on new development and improved IT service delivery.
• An American brand-name clothing retailer reduced its application maintenance costs by over 30 percent and substantially improved its service quality levels by utilizing our offshore development centers.
• A major Fortune 100 financial services company turned to Covansys to develop and implement a financial product. This product was successfully rolled out in 38 countries in just over four months.
• A major international banking company turned to Covansys to develop a banking application server to cover the entire portfolio of loans and deposits. This multi-lingual system was implemented in record time.
• For a leading Healthcare Services Provider, we transitioned 69 applications in multiple technologies to offshore and achieved steady state in 12-16 weeks.
• For a large US-based HR consulting company, for whom we provide PeopleSoft customization and implementation services, we improved the onsite/offshore mix from 38:62 in 2002 to 12:88 in 2005.
• For a large US Specialty Retailer for whom we provide core application production support, we improved the onsite/offshore mix from 45:55 in 2000 to 24:76 in 2005.