Unisys Launches New Application - Analyst Blog
May 14 2012 - 2:13PM
Zacks
Global IT company Unisys Corporation (UIS)
has recently announced the launch of its latest mobile application
called Unisys Storage Survey 2012. The platform is primarily for
iPhone, iPad, iPod, Android and BlackBerry users and will offer IT
executive customers an intuitive approach to maximize their device
storage facilities.
The new application allows its users to comprehend their
organizational information storage structure such as the pattern
and quantity of information stored in the system. Further, the
company stated that by means of the new service, the clients will
be able to optimize the use of its device information storage in a
cost efficient way.
In addition, the application provides a range of information
about storage issues which is expected to facilitate the users to
strategically use their resources for expanding their businesses.
Moreover, the users can avail the application for free from the
Google (GOOG) play and Apple
(AAPL) Application Store.
Earlier, Unisys reported revenues of $928 million in the first
quarter of 2012, up 2% from the year-ago quarter. The rise was
mostly due to the high revenue in the company’s U.S. Federal
business, driven by continued growth in IT outsourcing and systems
integration revenue. We can be hopeful of similar yields from the
coming quarters accruing from such technological advancements
implemented by Unisys.
However, the turbulent condition prevalent in the economy may
hinder the growth of Unisys in future. The company faces fierce
competition from CoStar Group Inc. (CSGP) and
Computer Task Group Inc. (CTGX), who exhibited
striking results, even in such difficult situations.
The macro-economic conditions continue to be challenging. Hence,
we continue to have a Zacks #3 Rank on the stock which translates
into a short-term rating of Hold. Nevertheless, in the long run, we
have a Neutral recommendation on the stock.
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UNISYS (UIS): Free Stock Analysis Report
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