Business Career
Currently, Donovan is working with The Andrews Institute and Baptist health Care of Pensacola as part of his technology company Cloud Industries. Donovan announced the partnership with Dr James Andrews of the Andrews Institute and Al Stubblefield, CEO of Baptist Health Care Pensacola. Donovan started his business career by providing technical training for AT&T computer business personnel. Later courses shifted towards sales and strategy training to executives. This led to Donovan devising a method of helping companies meet their customers' needs through workshops. Key sponsors and partners of those workshops were British Telecom, Hewlett Packard, Oracle, IBM, Digital Equipment Corporation, SAP.
These workshops were the origin of many companies, including: Cambridge Technology Group, Business@Web(which later was renamed One Wave), Open Environment Corporation, Cambridge Technology Partners, Cambridge Executive Enterprises, Cambridge Technology Enterprises, C-Bridge and CellExchange.
Donovan also had his share of disappointments. One of the companies he co-founded, Knoware, despite winning several awards, ran out of venture money and had to file for bankruptcy. He sold Cambridge Technology Partners (CTP) for only $20 million, and CTP's market capitalization soon jumped to $1.3 billion. He sold his share in Mitrol for "very little", to see Mitrol soon after be sold to GE for $10 million.
Read more about this topic: John J. Donovan
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