SAIC Ranked #1 in Gartner Market Share: IT Services, Worldwide 2021

Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) has been ranked as the #1 U.S. government services provider by revenue in both infrastructure implementation and application managed services, according to Gartner’s new Market Share report. This marks the second consecutive year for the top rank in application managed services. Additionally, SAIC is recognized as the #2 provider for application implementation and managed services, while maintaining the #3 position for technology consulting and overall IT services. The company's current annual revenues are approximately $7.4 billion.

Positive

• Ranked #1 U.S. government services provider by revenue for infrastructure implementation and managed services.
• Second consecutive year ranked #1 for application managed services.
• Ranked #2 for application implementation and managed services.
• Maintained #3 position in technology consulting.
• Annual revenues of approximately $7.4 billion.

Negative

• None.

Company ranked as #1 U.S. government services provider by revenue for both infrastructure implementation and managed services, and application managed services

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) announced today that Gartner’s new Market Share report on IT services ranked the company as the #1 provider by revenue of IT services to the U.S. government in two categories; infrastructure implementation and managed services, and application managed services. This is the second consecutive year the company was ranked #1 for application managed services.

Additionally Gartner’s report also ranked SAIC as the #2 provider of application implementation and managed services, and for the second year in a row #3 for technology consulting, and the #3 overall IT services provider by revenue in all segments for the U.S. government.

Gartner’s Market Share: IT Services, Worldwide 2021 provides a comparison of 2021 revenue performance and market share rankings for more than 250 IT service providers.

“We feel it is thanks to the expertise, customer focus and dedication of our employees, that SAIC is highly ranked in several critical categories of services provided to the U.S. government. We are thrilled to be ranked the number one U.S. government services provider by revenue for infrastructure implementation and managed services, as well as application managed services for the second year in a row,” said Sanjay Sardar, senior vice president of digital at SAIC. “We believe, these rankings demonstrate SAIC’s continued investment and focus on modernization services to continue providing value to our customers.”

Gartner also mentioned SAIC in a separate report, Competitive Landscape: Cloud Infrastructure and Platform Professional and Managed Services, U.S. Government.

For more information on the SAIC digital transformation solutions, visit www.saic.com/what-we-do/information-technology/digital-transformation.

*Gartner®, “Market Share: IT Services, Worldwide, 2021”, Neha Sethi, Cathy Tornbohm, et al., April 8, 2022.

**Gartner, “Competitive Landscape: Cloud Infrastructure and Platform Professional and Managed Services, U.S. Government”, Michael Brown, Daniel Snyder, et al., Nov 17, 2021.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About SAIC

SAIC^® is a premier Fortune 500® technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions.

We are approximately 26,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion.​​​​ For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005104/en/

Media Contact:

Thais Hanson

703.676.8215 | publicrelations@saic.com



Industry Analyst Relations Contact:

Katie Sheldon Hammler

571.228.9515 | kathryn.c.sheldon.hammler@saic.com

Source: Science Applications International Corp.

FAQ

What does the latest Gartner report say about SAIC?

The latest Gartner report ranks SAIC as the #1 U.S. government services provider by revenue for infrastructure implementation and application managed services.

How long has SAIC been ranked #1 in application managed services?

SAIC has been ranked #1 in application managed services for two consecutive years.

What are SAIC's annual revenues?

SAIC's current annual revenues are approximately $7.4 billion.

What other rankings did SAIC receive in the Gartner report?

SAIC was ranked #2 for application implementation and managed services and #3 in technology consulting.

What is the significance of SAIC's ranking in the Gartner report?

SAIC's ranking highlights its strong position and performance in providing IT services to the U.S. government.