Unisys (UIS) Expands Product Portfolio To Augment Growth

Information technology firm, Unisys Corporation (NYSE:UIS) , recently announced the expansion of its ClearPath Forward Dorado systems, with the release of its latest ClearPath OS 2200 operating-environment software.

This advanced system allows easier and cost-efficient solutions for IT organizations. Using this system, companies can secure their critical computing infrastructure and enable better data analytics and other enabling capabilities.

With the evolution of technology, it has become a huge task for diverse companies to keep pace with the growing needs of their customers. Clients also have an unwavering commitment to OS 2200. The OS 2200 version 17.0 is a result of Unisys' commitment towards its clients by providing better security, openness, mobility, scalability and flexibility to set itself apart from its peers.

Earlier this year, the company launched a new digital banking platform in collaboration with Sandstone Technology and Payment Card Technologies (PCT). The Unisys Sandstone PCT platform was designed to augment digital banking services by catering to the changing needs of customers and providing a more secure banking platform. The new digital banking platform will provide hassle-free service that can be utilized in mobile devices, tablets and Internet browsers.

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 include Xerox Corporation (NYSE:XRX) , InnerWorkings Inc. (NASDAQ:INWK) , and Avis Budget Group, Inc. (NASDAQ:CAR) . All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Xerox belongs to the Business Services space. It has a positive earnings surprise history, having beaten estimates thrice in the trailing four quarters.

InnerWorkings is a Business Service stock which has beaten estimates all four times in the last four quarters, having an average positive surprise of 77.9%.

Avis Budget belongs to the Business Service space. The company has seen estimates rise for the current year, over a period of 30 days.

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