Unisys Corporation

Unisys Corporation Overview

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Founded:1986

Workforce: ~22,000

Company Working: Unisys Corporation is an IT company that offers security-centric and high-performance solutions across various markets including government, financial services and commercial. The company operates through two segments: technology and services. The service segment offers application services, cloud and infrastructure services, and business process outsourcing services. The technology segment designs and develops, hardware, software, and other related products which reduce costs, create agility, improve the efficiency of client’s data center environments, and enhance security. The company operates in the US, New Zealand, India, Brazil, the UK, Australia, Brazil, and Hungary.

Strategy

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Company Snapshot

$2.22M

Revenue

22,000

Employees

1986

Founded

US

Headquarters

SWOT Analysis

Strengths

Strong liquidity position provide growth opportunities
Strong presence in government sector enhances competitive position
Strong financial performance
Vast market reach and loyal customer base

Weaknesses

Operational performance hamper its business operations
Legal proceedings

Opportunities

Focus on new contracts
Robust growth in the cyber-security market
Positive outlook for global cloud computing market
Opportunity for growth through strategic mergers and acquisition

Threats

Rapid technological changes
Stringent regulations
Intense competition
Software piracy
Increasing IT complexities

Key Developments

Date	Approach	Development
September 2019	Partnership	Far Eastern International Bank (FEIB) of Taiwan has entered into a new deal with Unisys to update and modernise the bank's IT infrastructure for its core banking system, according to a press release from the company. In the second quarter of 2019, the contract was inked.
April 2019	Product Enhancement	The company launched a new version of its Unisys Elevate omnichannel banking software platform, which enables banks to adopt an open banking approach for delivering enhanced customer experience

Product Offering

Unisys Corporation
- Solution
- Cloud and Data Center Managed Services
- Core Banking Solution

Financial Performance

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