History

Keane helps clients realize smart, swift, ROI-driven transformation of their critical business and IT functions. We do this by combining the know-how of nearly 14,000 individuals and the insight from thousands of engagements completed successfully across the globe.

The story began more than 40 years ago with the founding of Keane. It entered its most exciting chapter when it was acquired by Caritor in 2007. Today, Keane combines its understanding of clients’ business and technology systems with the economic advantages of an agile global delivery model. This allows us to deliver smarter, faster, more cost-effective solutions that meet clients’ needs.

Keane’s Steady Evolution

In 1965, John Keane left IBM and founded Keane, helping to pioneer the IT services market. By the end of the decade Keane boasted 100 employees and several offices in New England.

In the 70s, Keane expanded rapidly, becoming a public company, and building an IT outsourcing practice for the healthcare sector. During this time, Keane also established and expanded its project management capabilities, creating a reputation as the company that delivered projects on time, within budget, and without surprises.

Keane continued its rapid growth in the 80s and 90s via a series of acquisitions, as well as geographic expansion throughout the US and into Canada, the UK, and India. In addition to providing premier Y2K services, Keane introduced new offerings – software reengineering, application maintenance, and business consulting services – that increased mindshare and market performance.

Global growth became a Keane hallmark in the new century, as Keane added several application development centers in India, key acquisitions in architecture and testing services, and a BPO capability that expanded the firm’s portfolio to include both business and IT solutions.

Caritor’s Rapid Rise

Caritor (originally named IT Solutions) was founded in 1993 by Mani Subramanian – now the chairman and CEO of Keane – in San Ramon, CA. Mani, an experienced engineer with a post-graduate diploma in business administration, immigrated to the United States in the fall of 1992.

With $150,000 in start-up capital, the former president of Wipro Systems set out to create a next-generation software and solutions company – an enduring global IT institution with the ability to forge strong client relationships, create leaders, and affect the lives of people over generations. Mani felt strongly about building a company with a value proposition based on a global sourcing model and grounded in accountability. With more than 22 years of solid management experience under his belt – first at the Tata Group, where he expanded its IT services into other countries, and later at Wipro, where he increased revenue more than 400 percent in three years – Mani was prepared to make his vision a reality.

By 2005, Caritor had achieved impressive growth, secured private investment from Citigroup for joint strategic initiatives, acquired five companies, and expanded its geographic reach to Australia, Canada, France, India, New Zealand, Singapore, Switzerland, the UAE, and the United Kingdom.

In 2007, Caritor merged with Keane, Inc., a leading provider of business and IT services with nearly a billion dollars in revenue and a marquis brand. A transformational event for the IT services industry, Caritor combined with Keane and created a company of more than $1 billion in annual revenue in 2007 and 14,000-plus professionals in 12 countries.

A Bright Future

The new Keane organization is uniquely positioned to become clients’ transformational partner of choice. With an intense focus on building satisfying and enduring client relationships, Keane is investing in the development and delivery of innovative vertical market solutions that help clients recognize rapid, dramatic transformation of their critical IT and business functions. Keane backs these solutions with its track record of results delivery, an agile offshore/nearshore global delivery model, value-adding industry partnerships, and disciplined program management approaches.

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