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Unisys (UIS) Grows Organically with Latest Version AB Suite
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Information technology firm, Unisys Corporation (UIS - Free Report) recently unveiled Release 6.1, part of its AB Suite application development software. This software suite will be used in both the ClearPath MCP operating environment on Unisys ClearPath Forward systems and Microsoft Windows platforms. It will be available in the market from Dec 16.
AB Suite uses a highly advanced technology that allows programmers to automatically generate high-volume, business-critical applications. It includes features for DevOps – the close alliance between the development and operations functions based on the automation of key processes. This user-friendly suite will accelerate completion of business-critical solutions and augment developer productivity capabilities. With such innovative product features and timely software update, Unisys is likely to boost its top-line in the forthcoming quarters and strengthen its position as a leading player in the industry.
Unisys remarkably outperformed the Zacks categorized Information Technology Services industry, with an average return of 70.9%, in the last 90 days compared with 1.8% for the latter. The earnings estimates of the company for the current year have increased from $1.84 to $1.88 per share during this time period.
With the evolution of technology, it has become a huge task for diverse companies to keep pace with the growing needs of their customers. Unisys is poised to provide its customers the latest technology applications, which gives it an edge over its peers. On Oct 5, the company expanded its ClearPath Forward Dorado systems, with the release of its latest ClearPath OS 2200 operating-environment software. This advanced system provides easier and cost-efficient solutions for IT organizations. With this system companies can secure their critical computing infrastructure and enable better data analytics and other enabling capabilities.
The information technology industry is presently undergoing a transition. It is forging new disruptive trends in cloud mobility, big data, social computing and increasing awareness of cyber security. In order to capitalize on the trends, Unisys is rationalizing its services and solution portfolio by shifting its offerings to cloud-based and software-as-a-service delivery models. The company is concentrating on business opportunities in fewer, more profitable sectors in the IT marketplace.
At the same time, Unisys is focusing its resources and investments in four targeted, high-potential market areas, including security (IT security and physical security); data center transformation and outsourcing services; end-user outsourcing and support services; and applications modernization and outsourcing services. As it seeks to keep up with the evolution in the IT industry, the company’s services unit looks set to take advantage of growth prospects in higher-margin services.
Based in Blue Bell, PA, Unisys specializes in securing client operations, increasing efficiency of data centers, enhancing support to their end users and constituents and modernizing their enterprise applications. The company has over 20,000 employees, serving clients around the world.
Unisys currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the IT services industry include Barracuda Networks, Inc. , Science Applications International Corporation (SAIC - Free Report) and CDK Global, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Barracuda Networks has a strong long-term earnings growth expectation of 21.1%. In addition, the stock has a stellar earnings history, beating estimates in each of the trailing four quarters.
Science Applications International Corporation is another strong performer in the industry with a solid earnings history, beating estimates in each of the trailing four quarters.
CDK Global has a long-term earnings growth expectation of 12.5%. The stock also has a healthy positive earnings history, beating estimates in three of the trailing four quarters.
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Unisys (UIS) Grows Organically with Latest Version AB Suite
Information technology firm, Unisys Corporation (UIS - Free Report) recently unveiled Release 6.1, part of its AB Suite application development software. This software suite will be used in both the ClearPath MCP operating environment on Unisys ClearPath Forward systems and Microsoft Windows platforms. It will be available in the market from Dec 16.
AB Suite uses a highly advanced technology that allows programmers to automatically generate high-volume, business-critical applications. It includes features for DevOps – the close alliance between the development and operations functions based on the automation of key processes. This user-friendly suite will accelerate completion of business-critical solutions and augment developer productivity capabilities. With such innovative product features and timely software update, Unisys is likely to boost its top-line in the forthcoming quarters and strengthen its position as a leading player in the industry.
Unisys remarkably outperformed the Zacks categorized Information Technology Services industry, with an average return of 70.9%, in the last 90 days compared with 1.8% for the latter. The earnings estimates of the company for the current year have increased from $1.84 to $1.88 per share during this time period.
With the evolution of technology, it has become a huge task for diverse companies to keep pace with the growing needs of their customers. Unisys is poised to provide its customers the latest technology applications, which gives it an edge over its peers. On Oct 5, the company expanded its ClearPath Forward Dorado systems, with the release of its latest ClearPath OS 2200 operating-environment software. This advanced system provides easier and cost-efficient solutions for IT organizations. With this system companies can secure their critical computing infrastructure and enable better data analytics and other enabling capabilities.
The information technology industry is presently undergoing a transition. It is forging new disruptive trends in cloud mobility, big data, social computing and increasing awareness of cyber security. In order to capitalize on the trends, Unisys is rationalizing its services and solution portfolio by shifting its offerings to cloud-based and software-as-a-service delivery models. The company is concentrating on business opportunities in fewer, more profitable sectors in the IT marketplace.
At the same time, Unisys is focusing its resources and investments in four targeted, high-potential market areas, including security (IT security and physical security); data center transformation and outsourcing services; end-user outsourcing and support services; and applications modernization and outsourcing services. As it seeks to keep up with the evolution in the IT industry, the company’s services unit looks set to take advantage of growth prospects in higher-margin services.
Based in Blue Bell, PA, Unisys specializes in securing client operations, increasing efficiency of data centers, enhancing support to their end users and constituents and modernizing their enterprise applications. The company has over 20,000 employees, serving clients around the world.
Unisys currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the IT services industry include Barracuda Networks, Inc. , Science Applications International Corporation (SAIC - Free Report) and CDK Global, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Barracuda Networks has a strong long-term earnings growth expectation of 21.1%. In addition, the stock has a stellar earnings history, beating estimates in each of the trailing four quarters.
Science Applications International Corporation is another strong performer in the industry with a solid earnings history, beating estimates in each of the trailing four quarters.
CDK Global has a long-term earnings growth expectation of 12.5%. The stock also has a healthy positive earnings history, beating estimates in three of the trailing four quarters.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>