CDI Corp. provides customer-focused engineering, information technology and staffing solutions. The company serves customers through offices and delivery centers in the United States (U.S.), Canada and the United Kingdom (UK). Segments The company's main segments are as follows: Global Engineering and Technology Solutions, Professional Services Staffing, and Management Recruiters International. Global Engineering and Technology Solutions: This segment provides engineering and information technology solutions for its customers that involve principally the production of deliverable work products or services performed at a facility or at a customer's facility under the supervision of the company’s personnel. These solutions typically include analysis of a customer's engineering or information technology needs and the development of a solution that generally ranges in duration from various months to multiple years. Depending on the industry, engineering services can include feasibility studies, architectural and structural designs, technology assessments, conceptual designs, pricing studies, preliminary designs, execution planning, procurement optimization, detailed designs, testing and validations of regulatory compliance, technology integration and operating and maintenance support. Information technology services can include assessments, execution of business application services, Web development, service-desk support, quality assurance and testing and program management. This segment provides these solutions through a delivery model consisting of: centers of excellence, with concentrated skill sets required for larger, more complex projects; regional centers to service local needs of customers; and customer-centered offices to deliver site-specific services. Professional Staffing Services: This segment provides skilled technical and professional personnel to its customers for discrete periods of time to augment the customer's workforce in times of project, seasonal, peak period or business cycle needs. These engagements can range from various months to multiple years in duration. This segment also provides permanent placement services. This segment provides professional staffing services to targeted industries that include managed services and managed staffing programs, and functional staffing outsourcing. Management Recruiters International: This segment is a global franchisor that does business as MRINetwork and provides the use of its trademarks, business systems and training and support services to its franchisees who engage in the search and recruitment of executive, technical, professional and managerial personnel for employment by their customers. The MRI franchisees provide permanent placement services primarily under the brand names Management Recruiters, Sales Consultants and OfficeMates 5. Management Recruiters International also provides training and support, implementation services and back-office services to enable franchisees to pursue contract staffing opportunities. Business Strategy The key elements of the company’s strategy include enhancing the operating performance of existing businesses and assets through select investment in growth-oriented resources and improvement of operational efficiency; expanding in specialized staffing and engineering market segments within certain of the company’s existing business lines to improve the margin and growth profile of those businesses; growing the company’s offering scope of value added services that provide more comprehensive solution opportunities to new and existing clients of the company; increasing selectively the company’s geographic footprint to access new profitable growth opportunities and to support clients domestically and internationally; and utilizing active portfolio management to optimize the composition of the company’s business portfolio in light of its strategy, including the use of corporate development initiatives, such as acquisitions, partnerships and joint business arrangements. Customers/Markets The company's customers consist primarily of: multi-national, national and regional companies; and U.S. Federal, state and local governments. The company provides its services to customers in the oil, gas and chemicals, aerospace and industrial equipment, and hi-tech industries. The company also does significant business in other industries, including the infrastructure, U.S. defense, and transportation industries. The company's major customer, International Business Machines Corporation (IBM), accounted for approximately 19% of total accounts receivable as of December 31, 2014. Management Recruiters International provides trademarks and business systems, as well as service, training, support and ancillary services to franchisees. It also serves corporate, federal, state and municipal entities. Competition The company's primary competitors include Jacobs Engineering Group Inc.; AECOM Technology Corporation; Day & Zimmermann, Inc.; Gibbs and Cox, Inc.; Chicago Bridge & Iron Company N.V.; Belcan Corporation; S&B Engineers and Constructors, Ltd.; CIBER, Inc.; Computer Task Group, Inc.; ManpowerGroup, Inc.; Aerotek, Inc.; Adecco S.A.; Randstad Holding N.V.; Hays plc; Robert Half International, Inc.; Heidrick & Struggles International, Inc.; Korn/Ferry International; and Kforce, Inc. History CDI Corp. was founded in 1950. The company was incorporated in Pennsylvania in 1985.
cdi corp (CDI:New York Consolidated)
1717 Arch Street
Philadelphia, PA 19103
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