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IT Consulting Company Profile: Unisys

Unisys is an IT giant, with offerings including consulting, systems integration, outsourcing, infrastructure, and server technology in the following markets: financial services, communications, transportation, commercial, media, and the public sector. The company is among the largest government IT contractors, serving local, state, and federal agencies, as well as foreign governments. Unisys has offices in more than 36 U.S. states and 65 countries.

Like many of its competitors, the company has been growing its outsourcing business in recent years; outsourcing accounts for nearly a third of Unisys’s total revenue. Unisys has signed outsourcing deals with clients including Lloyds TSB, Northwest Airlines, Air Canada, California State University Systems, BMW Bank, HSBC, and GE Capital Bank. The company’s strategy aims to take advantage of growth in software markets, including open-source software and security.

The company has not been thriving in an economy that has been favorable to most of its competitors. It has posted losses in 2005, 2006, and 2007, and the outlook for 2008 is grim. The company is trimming its roles to prevent further damage.

Unisys Way

Blue Bell, PA 19424

Phone: 215-986-4011

Website: www.unisys.com

FINANCIAL AND PERSONNEL HIGHLIGHTS

  • 2007 revenue ($M): $5,652.5
  • 1-year growth rate: –1.8 percent
  • Number of employees, 2007: 30,000
  • 1-year growth rate: –4.8 percent

Recent Highlights

  • 2008 The company reports some pretty shabby financials. In the second quarter of fiscal year 2008, it managed to lose more than $10 million, while most of its competitors were growing.
  • 2007 Completes downsizing that resulted in the loss of more than 6,500 U.S. jobs.
  • 2007 Adds backup and recovery facility in Bangalore, India.
  • 2006 Announces new China global sourcing services and technology center in Shanghai.
  • 2006 Awarded a bridge contract to continue work on the technology infrastructure of the Transportation Security Administration of the Department of Homeland Security.
  • 2005 Wins Qualcomm 3G A-List Award for its use of Qualcomm technology among its 1,700 North America–based field reps to lower costs and improve customer service.
  • 2005 Introduces on-demand servers for Windows and Linux.
  • 2005 Wins national claims outsourcing services contract with BlueCross BlueShield.

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