Unisys Launched New Application - Analyst Blog
December 07 2012 - 5:40AM
Zacks
Unisys Corporation
(UIS) recently unveiled its latest Agile Business (AB) Suite
application software, Release 3.0, which can be used for Unisys
ClearPath MCP and Microsoft Windows networks.
In today’s world, there is a huge
demand for creating and upgrading various mission-critical
applications in an easier manner in order to augment client
productivity. The company’s newly launched Release 3.0 by utilizing
Microsoft Visual Studio and Team Foundation Server will offer an
in-depth outlook for the application development.
Unisys’ advanced platform through
deploying web services will be integrating mobile devices with
Unisys ClearPath ePortal. Now with the help of this software, the
programmers can build new applications and customers can easily
access these applications from their Apple iPhones and iPads,
various Android devices and BlackBerrys.
Moreover, as the company’s AB Suite
Release 3.0 is compatible with Enterprise Application Environment
(EAE) process, it is easy to shift from EAE related applications to
AB Suite Release 3.0 without affecting application performance.
The company’s new software service
is ideal for resolving any queries related to vertical-industry and
financial institutions. Management stated that various
organizations would now be able to improve its business
productivity by leveraging the company’s AB Suite Release 3.0.
Unisys is currently concentrating
on business opportunities in fewer, more profitable markets in the
information technology (IT) market place. To drive future growth,
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. The company
has secured quite a few contracts in these segments recently that
should propel the top line.
The company, however, should not
become complacent with its contract win spree as it faces stiff
competition largely from proactive companies including
Infosys Ltd. (INFY), Acxiom
Corporation (ACXM) and Amdocs Limited
(DOX). Amdocs recently introduced its latest Amdocs Product
Lifecycle Management solution. The newly launched services will be
used for managing the internal workflow systems for any service
provider. Hence, Unisys has to focus on continuously developing its
entire business, which may turn out to be expensive.
The current Zacks Consensus
Estimates for Unisys are $1.00 and $2.20 per share for the fourth
quarter of 2012 and full year of 2012, respectively. The estimates
represent a year-over-year growth of (51.80%) for the fourth
quarter and (50.23%) for 2012. At present, we have a ‘Neutral’
recommendation on Unisys. The stock currently carries a Zacks #3
Rank, which translates into a short-term ‘Hold’ rating.
ACXIOM CORP (ACXM): Free Stock Analysis Report
AMDOCS LTD (DOX): Free Stock Analysis Report
INFOSYS LTD (INFY): Free Stock Analysis Report
UNISYS (UIS): Free Stock Analysis Report
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