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).
