Scottsdale 12/12/2012 11:05:00 PM
News / Stocks

Edgewater Technology (EDGW) Ranked Among Top 10 Massachusetts Women-Led Businesses

QualityStocks would like to highlight Edgewater Technology (NASDAQ: EDGW), a strategic consulting firm that brings a blend of advisory and product-based consulting services to their client base. Headquartered in Wakefield, Massachusetts, the company works with clients to reduce costs, improve process, and increase revenue through the judicious use of technology. Founded in 1992, the company has grown into a leading technology management consulting firm with more than 320 consulting professionals nationally.

In the company’s news yesterday,

Edgewater Technology announced that the Commonwealth Institute and Boston Business Journal have recognized it as one of the top women-led businesses in the state of Massachusetts.

The two nominating bodies hosted the third annual Top 100 Women-Led Businesses awards ceremony on Dec. 6 at the Sheraton Boston to honor and celebrate female business leaders in Massachusetts. Placing 10th on the list, Edgewater has moved up from a ranking of 13th on last year’s list. These annual rankings are based on total revenue. Edgewater’s ongoing growth was a factor in this improved ranking, and the company was invited to moderate a panel discussion on job creation strategies.

Edgewater chairman, president and CEO Shirley Singleton cofounded Edgewater in 1992 with David Clancey, her former partner. She started her career as a high school teacher and coach. Abruptly losing her job due to budget cuts, Singleton successfully transitioned into a computer programming career. A decade later, she cofounded Edgewater Technology, and the company has since grown from a privately held, five-person shop into a multimillion dollar, publicly traded technology management consulting firm with employees throughout the world.

Singleton has received numerous awards and recognitions during her tenure. In addition to this most recent 100 women-led business honor from the Commonwealth Institute and Boston Business Journal, she was also recently appointed to the Beverly, Mass., North Shore Medical Center’s board of trustees. She graduated from Northeastern University, where she earned a Bachelor of Science in education, and she has also earned a Doctorate of Humane Letters from Endicott College.

Edgewater Technology is a strategic consulting firm that delivers a combination of advisory and product-based services. The company addresses the market both vertically by industry and horizontally by product and technology specialty, giving its client base a broad range of business and technology solutions. One of the largest IT firms in New England, Edgewater works with clients to reduce costs, improve processes, and grow revenue through the judicious use of technology. The company’s brand names include Edgewater Technology, Edgewater Ranzal, and Edgewater Fullscope.

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