SP500: CSC Sales Dip, ePlus Opens HP Cloud Center3:35 PM EST Wed. May. 23, 2012
Solution provider CSC's latest earnings report notes a decline in sales. Meanwhile, ePlus and Accenture bolster cloud computing offerings while Fiserv debuts a banking app for the iPad. In addition, Genpact reveals an acquisition.
Total revenue at Computer Science Corp. fell from $16.04 billion in 2010 to $15.88 billion in 2011, according to the solution provider's most recent earnings report. CEO Mike Lawrie said in a statement: "We consider these results to be very poor as the company is executing well below an acceptable level for CSC and its investors." He noted also that the company was in a turnaround position, and that there were "some market headwinds in the federal business and in Europe."
Quarterly revenue also was down from $4.20 billion in first-quarter 2011 to $4.11 billion in first-quarter 2012.
Solution provider ePlus' new HP Cloud Center of Excellence demonstration site will let customers experience a variety of products, services and software functioning seamlessly via cloud computing technology. The center will be located in Raleigh, N.C. Customers will be able to obtain firsthand knowledge of HP CloudSystem Matrix using HP ProLiant blades, HP Storage, HP Networking switches and HP Cloud Service Automation for Matrix.
The Mobiliti Enterprise mobile banking and payments platform from Fiserv lets U.S. Bank customers manage their money through their tablet computers. Online banking customers can now use their iPads to check their account balances and activity, complete account-to-account transfers, view and pay bills, send and receive person-to-person payments and remotely deposit checks simply by snapping a picture. Customers can download the iPad app from the iTunes App Store through a link on the U.S. Bank site.
Accenture and Salesforce.com are teaming up to enhance the solution provider's skills training and certification programs and launching new Cloud Centers of Excellence in the U.S. and Canada, as well as in the U.K. and France later this year. Those locations will build on the current capabilities of Accenture's global network of delivery centers in China, India and the Philippines.
Genpact will acquire atyati technologies, a technology platform provider for the rural banking sector in India. The acquisition provides Genpact with a leading technology platform in the rural banking space with "last mile functionality," which enables Indian banks to serve the millions of people who live in rural areas. Financial terms of the deal were not disclosed.