Computing major
Computer Sciences Corporation
(
CSC
) recently revealed plans of offering its unified communications
and collaboration (
UCC
) solutions suite to Canadian customers.
Based on its multi-paltform integration technique, CSC has
developed this service in collaboration with networking major
Cisco Systems Inc.
(
CSCO
). This service is expected to enhance productivity and also help
in the decision making process, while reducing costs.
This whole facility is built on the UCC platform, and serves as
the underlying platform for a wide range of collaboration
capabilities and facilitates an efficient communication process
with the business customers.
The company has also expanded its cloud computing operation in
the US. CSC's BizCloud is also available in Canada and this
is the first on-premise private cloud ready for workloads in 10
weeks. This new service will offer the benefits of privacy,
security and control that are the hallmarks of a private cloud,
while retaining the economies of a public cloud.
These facilities, when combined together, will result in cost
savings for the customers, who are looking for additional benefits
without incurring huge additional cost. The customer pays only for
video hours delivered as a service.
CSC has never had much difficulty in attracting new takers.
Apart from government orders, the company has also won some big
ticket private orders in the recent past. Additionally, CSC has a
large project pipeline and continues to augment it at regular
intervals.
CSC has won a series of deals over the past six months although
this has not yet had a noticeable impact on results. The company's
third quarter 2012 results were modest, with EPS exceeding our
expectation. Although revenues declined on a year-over-year basis,
the flow of new business improved substantially from the year-ago
period.
Moreover, the company faces intense competition in the IT and
cloud computing space from both small and big players such as
Accenture plc
(
ACN
) and
Hewlett-Packard Company
(
HPQ
). This apart, European exposure and strained federal budgets; may
pose considerable challenges for the company.
Currently, CSC holds a Zacks #5 Rank (implying a short-term
Strong-Sell rating).
ACCENTURE PLC (
ACN
): Free Stock Analysis Report
COMP SCIENCE (
CSC
): Free Stock Analysis Report
CISCO SYSTEMS (
CSCO
): Free Stock Analysis Report
HEWLETT PACKARD (
HPQ
): Free Stock Analysis Report
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