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Unisys Corporation

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Unisys' focus on application-based managed services will enable Unisys to more effectively pursue long-term application outsourcing opportunities, as well as associated application modernization and implementation project work. Moreover, We expect the company to continue with its cost-control initiatives and put greater effort towards sales growth, as it strives to overcome its operational weaknesses. Also, Unisys expects the joint venture called iPSL with three large U.K. based banks to be accretive to its top-line in the forthcoming quarters. It has a strong product line in its Technology segment, and is expanding its distribution capabilities by building new reseller channels. Shares have outperformed the industry in the past one year. However, Unisys' performance continues to be adversely affected by currency fluctuations and a decline in annual contract value owing to lower contracts and federal business.

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