Earlier this week,
Unisys Corporation
(
UIS
) announced that TravelSky has signed a three-year renewal contract
with the company for its cloud computing solutions. This was done
with the clear intent of catering to TravelSky's demand accruing
from the Chinese aviation industry.
Previously, Unisys' private cloud software solutions would be
used and tested at TravelSky's own data centre. It is lucid that
the advanced technology and IT expertise offered by Unisys have
been proved irrefragably good, due to which these are now being
integrated pervasively with the company's core production
platform.
Using the Unisys Open Message Switching Engine (OMSE), TravelSky
would now effectively connect its travel agencies and reservation
systems. TravelSky has also displayed its interest to provide the
OMSE Gateway as software by way of service (
SAAS
) to its agents using the Unisys Secure Private Cloud Solution
release 2.1. The Unisys ES7000 Model 7600R G3 Enterprise Server is
also scheduled for implementation which shall cater to a broad set
of 24 virtual servers; operational only on one machine.
These varied advanced technological advancements shall provide
TravelSky with a more flexible, dependable and cost-efficient
infrastructure solutions at its data center. The venture would also
solidify Unisys' expertise in providing upgraded cloud computing
solutions.
The company faced a relatively weak quarter during its last leg
of 2011. Service revenues declined around 3% whereas technology
revenues deteriorated 19% annually. Hence, we can hope that such
contract renewals would elevate the company from its depressed
state and help raise the performance level in the upcoming
quarter.
While the company strides ahead in the path of recovery, it
should remain chary of similar advancements made by its competitors
in the industry.
Fair Issac Corp.
(
FICO
) announced on March 15, 2012 that the UK motor insurance
specialist Admiral implemented an innovative claims fraud system
using FICO's analytics, business rules and analysis technology.
The company currently retains a Zacks #4 Rank, which translates
into a short-term 'Sell' rating. We also maintain a long-term
'Neutral' recommendation on the stock.
FAIR ISAAC INC (
FICO
): Free Stock Analysis Report
UNISYS (
UIS
): Free Stock Analysis Report
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