Diamond Management & Technology Consultants (casually referred to as Diamond) was an independent management consulting firm founded in 1994, headquartered in

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

with satellite offices in

Hartford, Connecticut Hartford is the capital city of the U.S. state of Connecticut. It was the seat of Hartford County until Connecticut disbanded county government in 1960. It is the core city in the Greater Hartford metropolitan area. Census estimates since the ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

Washington DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, and

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

. It was acquired by the British firm,

PwC PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...

in 2010. Diamond was a smaller player among companies such as

Mercer Management Consulting Oliver Wyman is an American management consulting firm. Founded in New York City in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman, the firm has more than 60 offices in Europe, North America, the Middle East, and Asia- ...

Deloitte Consulting Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...

, and

Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentur ...

. The industry segments under which Diamond operated include consumer packaged goods, financial services, and health care, among numerous others.

History

Diamond was founded as Diamond Technology Partners in Chicago in 1994 by Mel Bergstein and Chris Moffitt with investment from founding partners and

Safeguard Scientifics Warren Van Dyke "Pete" Musser (December 15, 1926 – November 25, 2019) was the chairman of the Musser Group. He was the founder of Safeguard Scientifics, a venture capital firm that invested in technology companies. At the peak of the dot-com b ...

. The firm went public in early 1998. On 2000-11-28 the company was renamed to DiamondCluster International, Inc. as part of a merger with European management consulting firm Cluster Consulting. In 2006, the company was again renamed, this time to Diamond Management & Technology Consultants, Inc. as it divested portions of its international operations. As of 3 November 2010,PwC
PwC completes acquisition of Diamond Management & Technology Consultants, Inc.
/ref> Diamond Management & Technology Consultants was acquired by PwC and renamed into Diamond Advisory Services. Before the acquisition, Diamond had also acquired few boutique consulting firms in US. Diamond had, throughout its history, well-defined relationships with major technology pioneers such as

Alan Kay Alan Curtis Kay (born May 17, 1940) published by the Association for Computing Machinery 2012 is an American computer scientist best known for his pioneering work on object-oriented programming and windowing graphical user interface (GUI) d ...

, a member of the

board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

, as well as

John Perry Barlow John Perry Barlow (October 3, 1947February 7, 2018) was an American poet, essayist, cattle rancher, and cyberlibertarian political activist who had been associated with both the Democratic and Republican parties. He was also a lyricist for the ...

Gordon Bell Chester Gordon Bell (born August 19, 1934) is an American electrical engineer and manager. An early employee of Digital Equipment Corporation (DEC) 1960–1966, Bell designed several of their PDP machines and later became Vice President of Engi ...

, David P. Reed,

Dan Ariely Dan Ariely ( he, דן אריאלי; born April 29, 1967) is an Israeli-American professor and author. He serves as a James B. Duke Professor of psychology and behavioral economics at Duke University. Ariely is the founder of the research inst ...

, Matthew Peterson and

Dan Bricklin Daniel Singer Bricklin (born July 16, 1951) is an American businessman and engineer who is the co-creator, with Bob Frankston, of the VisiCalc spreadsheet program. He also founded Software Garden, Inc., of which he is currently president, and Trel ...

, all regular faculty members of the privately branded industry conference called Diamond Exchange. From 1998 to 2003, the company published an industry magazine named ''Context Magazine'', the premiere issue of which included an interview with

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...

founder

Bill Gates William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions ...

. On November 2, 2010,

PricewaterhouseCoopers PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...

acquired Diamond for $12.50 per share in cash. Diamond now operates as a homogeneous component of PwC's Advisory Services.

Awards

* The National Association for Business Resources ** Chicago's Best and Brightest Companies to Work For (2005, 2006, 2007) ** Chicago's Best and Brightest Companies to Work For, Elite Winner, Compensation & Benefits (2005) * Consulting Magazine, Top Ten Firms to Work For (2004, 2005, 2006) http://www.consultingmag.com/categories/Rankings/Best-Firms-to-Work-For/2006-Top-10/ , Consulting Magazine, 2006

References

External links

DiamondExchange
industry conference website {{DEFAULTSORT:Diamond Management and Technology Consultants Companies formerly listed on the Nasdaq Companies based in Chicago Management consulting firms of the United States International management consulting firms 1994 establishments in Illinois 2010 disestablishments in Illinois American companies established in 1994 Consulting firms of the United States Consulting firms established in 1994 Consulting firms disestablished in 2010