Kalypso
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HQ: Beachwood, Ohio Additional Offices: Boerne, Texas, Amsterdam, The Netherlands, Seoul, South Korea, Paris, Munich, Milan, Bangalore, India and Taipei, Taiwan Billable Consultants: 95 2009 Revenue: $10.7M 2010 Revenue: $18.5M Revenue Growth: 73% 2011 Revenue: $32M (projected) Client Industries: Consumer Packaged Goods (Retail), High-Tech, Life Sciences, Manufacturing Service Line: Strategy, IT |
The idea for a brand new consulting firm can come about in all sorts of ways. But leave it to an innovation firm to have its roots at a retirement party. That's where
Kalypso co-founders George Young and Bill Poston, then partners at Deloitte Consulting, were when they came up with the thought of launching their own firm.
At the time, the two were working on product development, product innovation and product life-cycle management, and the party—for a long-time mentor—served as a springboard.
"We liked the subject matter very much, but at a very large consulting firm it's hard to focus on a niche like that because if you're a successful partner at a firm like Deloitte they don't want you selling $4 to $6 million engagements in product development and innovation," Young says. "It's not as appealing as a $120 million enterprise transformation project. What we wanted to do wasn't what a firm like Deloitte was set up to deliver."
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