Beacon Enterprise Solutions Group, Inc. (BEAC)

[QualityStocks]

Beacon Enterprise Solutions Group, Inc. specializes in designing, implementing and managing high performance Information Technology Systems ("ITS") infrastructure solutions. Offering national, multi-national and global, turnkey ITS infrastructure solutions, the company is capable of delivery professional services to Fortune 1000 and large multi-site firms as they increasingly single source and outsource to reduce costs while optimizing critical planning, design, program, project and construction management and managed services.

Leveraging standardization, rapid mobilization and a just-in-time professional services approach, Beacon Enterprise Solutions serves as a single source for national, multi-national and global enterprise clients, including special practices focused on data centers, campuses, smart buildings, outside plant, wireless systems and other technology-based applications and projects. Clients are provided with consistent and predictable results anywhere in the world. The company's solutions allow clients to focus on their core businesses without the distraction of having employees spend valuable time on services that Beacon can provide on any continent, in any country using any language.

Headquartered in Louisville, Kentucky, with regional headquarters in Cincinnati, Ohio, Dublin, Ireland, and Prague, Czech Republic, in addition to personnel located throughout the United States and Europe, Beacon Enterprise Solutions services a diverse range of clients. For more than 30 years, the company has enabled businesses in a variety of vertical markets to dramatically reduce costs, enable global standardization, manage day-to-day technology systems moves, adds and changes, and take on major projects – all under a single national, multi-national or global agreement.

Beacon Enterprise Solutions has carefully assembled a seasoned management team and operating strategy to maximize organic growth and new business development across multiple vertical markets. More than 4,000 companies, from small businesses to Fortune 50 firms, have chosen the company's solutions.

[armedical]

I like that they have “regional headquarters in Cincinnati, Ohio, Dublin, Ireland, Prague, Czech Republic and personnel located throughout the United States and Europe” allowing them to support these varying countries and their specific needs.

[mwest]

What I really enjoy about BEAC is that: For more than 30 years, the company has enabled businesses in a variety of industries to dramatically reduce costs, improve product quality, and enhance overall corporate performance.

How many companies can say that?

[stockseeker30]

That is the formula for a companies success great job to BEAC for showing companies how to accomplish those goals.

[protostars]

ITS is increasingly becoming specialized, requiring outside help in development and support.
Impressive client list: Merck & Co., UPS, Volvo, Gap Inc., Papa John's, Nationwide, and LensCrafters

[mwest]

Really impressed that Beacon has been able to accomplish this success by providing service in any language from any place in the world.

[stockseeker30]

You have to be able to appeal to a broad audience in order to be relative in this market.

[armedical]

They are very clear in their objective to provide the best service to the customer.

[protostars]

Any time you talk about 4,000 companies around the world, including Fortune 50 firms, as your customers, you have a large and diversified market.

[armedical]

They have the ability to adapt and cater to different types of companies and to give them what they need.

[mwest]

You have a trusted product as well, especially when fortune 500 companies believes in your ability.

[stockseeker30]

Taking the place of many employee task and being able to do so on and international level is a huge money saving ability of BEAC.

[protostars]

As an example, just this September, Beacon contracted to provide fiber-optic cabling to a Fortune 50 pharmaceutical client. It's just one project, but it amounts to $1/2 million.

[QualityStocks]

Beacon Enterprise Solutions, Inc. (BEAC) and Existing Fortune 50 Client Sign Additional $730,000 Implementation Contract

Today before the opening bell, Beacon Enterprise Solutions Group, Inc., an emerging global leader in the design, implementation and management of high performance Information Technology Systems (“ITS”) infrastructure solutions, announced the execution of a new contract with an existing Fortune 50 pharmaceutical client to implement a previously awarded project in which Beacon performed design, assessment and engineering work at the client’s facilities throughout the world over the summer.

According to today’s press release, Beacon has already announced three different contracts with this same Fortune 50 pharmaceutical client, collectively exceeding $2.7 million since June. This new contract raises the total awarded amount to almost $3.5 million. Previous to this latest contract, Beacon provided consulting and planning-related professional services to facilities across the globe to assess the client’s ITS infrastructure. The additional $730,000 contract was awarded to begin installation and implementation of the ITS solution as a result of this summer’s survey and assessment activities. This is a typical outcome of Beacon’s new service delivery model, which strategically unbundles key service services so clients can maintain project momentum with limited budget dollars.

“Our field engineering teams who provide assessment and documentation services are a force multiplier for our national, multi-national and global clients,” stated Jerry Bowman, President and COO of Beacon. “A US-based Fortune 50 client typically no longer has the reach to physically go on site to 50 or 100 locations in the same number of countries. They are forced to rely on a patchwork of local vendors, who provide a myopic view of their own work and not always in compliance with the enterprise standard. Beacon provides an alternative to the high level of effort to locate and hire 100 engineers and contractors in 50 plus countries. Beacon’s global reach and network of employees and relationships is the ideal solution for clients like this Fortune 50 pharmaceutical client, since we can provide a rapid, consistent, predictable and cost-effective alternative to the high cost of having employees do the same work.”

“This engagement shows the refined sales and unbundled service delivery approach we implemented in 2010 is working and driving incremental revenue,” said Bruce Widener, Chairman and CEO of Beacon. “Our solutions-based suite of professional and construction services is working with our multi-national Fortune 1000 clients and this incremental contract award will deliver almost $3.5 million in organic growth for Beacon from this single client. We have mobilized our professional services teams all over the world to implement the ITS solution Beacon designed and we expect to complete this project by calendar year-end. Since June alone, we have signed over $10 million in new contracts utilizing our refined strategy and expect to see additional contract awards in the coming months.”

[mwest]

Imagine getting a 3.5 million dollar payday off of one deal!! BEAC is looking forward to this happening very soon for them.

[armedical]

The one of the things that make their service so attractive for companies is that a “Beacon provides an alternative to the high level of effort to locate and hire 100 engineers and contractors in 50 plus countries”

[stockseeker30]

That truely is a very impressive set of numbers that Beacon assures that it can meet armedical.

[protostars]

As indicated in the PR, what company wants to invest the time and effort to "go on site to 50 or 100 locations in the same number of countries"? That's why they have Beacon.
Why should a company that has found success in pharmaceuticals (or any other area) have to go into the IT business? It's stupid. Let companies do what they do best, and Beacon is the best at IT.

[mwest]

That is a great point for Beacon to make in order to show how important their value is to thier clients.

[armedical]

It takes a special people to run an IT department. They have to have a special set of skill that don’t usually translate into a “normal” business setting.