Welcome to our dedicated page for Unisys news (Ticker: UIS), a resource for investors and traders seeking the latest updates and insights on Unisys stock.
Overview
Unisys (NYSE: UIS) is a global technology solutions company that specializes in delivering cloud, AI, and digital transformation services tailored for government, financial services, and commercial markets. With decades of industry expertise, Unisys has built a reputation for integrating cutting-edge security, advanced data analytics, and intelligent computing platforms into solutions that address complex digital challenges. The company is renowned for its deep technical expertise, innovative approach, and commitment to creating secure, scalable, and efficient business environments.
Business Model and Core Segments
Unisys operates through a diversified business model, segmented into three primary divisions:
- Digital Workplace Solutions (DWS): This segment emphasizes intelligent workplace services, proactive experience management, and collaboration tools that enhance the efficiency of client operations. By focusing on modern communication platforms, DWS supports the creation of agile and connected environments that meet the evolving demands of digital business.
- Cloud, Applications & Infrastructure Solutions (CA&I): Focused on driving digital transformation, CA&I provides migration, cloud management, and modernization services. This segment leverages industry-leading cloud platforms and hybrid solutions to enable clients to adopt scalable and secure computing environments while optimizing operational costs.
- Enterprise Computing Solutions (ECS): ECS is centered on delivering high-intensity, secure enterprise computing solutions. It combines software-driven innovations with hardware solutions, emphasizing robust security protocols and software-defined data centers that empower organizations to unlock digital potential while minimizing risk.
Operational Excellence and Security
Unisys stands out for its unwavering commitment to integrating superior security measures with advanced technological solutions. The company’s offerings are designed to not only meet but exceed industry standards in data protection, regulatory compliance, and operational resilience. Strategic initiatives include the deployment of integrated security frameworks and advanced analytics tools that safeguard critical assets, making Unisys a trusted partner for organizations facing ever-evolving cyber threats.
Industry Expertise and Technological Innovation
With a heritage spanning over a century, Unisys leverages deep industry knowledge and a consultative approach to support digital transformation initiatives across diverse sectors. The company’s solutions are enriched by intelligent data analytics, application modernization, and cloud integration, enabling clients to streamline processes, improve operational agility, and gain actionable insights. Unisys continuously refines its methodologies to meet the dynamic challenges of a digital-first world by investing in innovation and harnessing the potential of emerging technologies.
Market Position and Competitive Landscape
Within a competitive market, Unisys differentiates itself through its holistic approach to technology integration and its deep experience in servicing a wide array of sectors. The company’s unique blend of cloud services, digital workplace innovations, and enterprise computing solutions positions it as a versatile player capable of addressing both legacy system challenges and new digital initiatives. Its focus on rigorous security and operational efficiency further enhances its standing among global technology providers. Analysts and industry experts alike acknowledge Unisys for its consistent ability to transform complex business challenges into strategic growth opportunities without compromising on security or performance.
Earning Investor Confidence
Unisys's approach embodies transparency, precision, and a commitment to long-standing client relationships. Through a well-structured portfolio and strategic execution across its business segments, the company has cultivated a trusted reputation among stakeholders. The implementation of cost optimization and efficiency measures has been key in mitigating operational volatility and reinforcing Unisys’s financial resilience. The company’s efforts in ensuring robust governance, security, and technological leadership contribute significantly to its authoritativeness in the global market.
Conclusion
In summary, Unisys represents a comprehensive technology solutions provider adept at meeting the demands of today’s digital economy. Its dynamic business segments, innovative integration of technology and security, and deep industry insights make it a notable entity within the realms of cloud transformation, digital workplace modernization, and secure enterprise computing. As organizations across various industries pursue digital excellence, Unisys remains a pivotal player in driving efficiency, security, and competitiveness in a rapidly evolving technological landscape.
Unisys Corporation (NYSE: UIS) will release its fourth-quarter and full-year 2020 financial results on February 22, 2021, after market close. A conference call for discussion of the results will follow on February 23, 2021, from 8:00 - 9:00 a.m. Eastern Time. The call can be accessed via a live Webcast on the Unisys Investor Website, with a replay available post-call. Unisys is recognized for delivering integrated IT services across various sectors, emphasizing security in its solutions.
Unisys Corporation (NYSE: UIS) has received research funding from the Artificial Intelligence (AI) for Decision Making Initiative to explore AI and Machine Learning (ML) applications for identifying deceitful writing. This initiative is a collaboration with Australia's Office of National Intelligence and Department of Defence, focusing on enhancing AI capabilities relevant to national security. Unisys aims to develop solutions that could potentially assist in forensic analysis and cybersecurity, with expected results to be presented in early 2021.
Unisys Corporation (NYSE: UIS) announced a $280 million agreement with MassMutual to purchase a group annuity contract. This will transfer pension obligations related to certain retirees, resulting in a one-time, non-cash pre-tax settlement charge of approximately $150 million. This action follows a $276 million lump-sum cash-out offer to former U.S. associates. The company aims to reduce global pension liabilities by $1 billion by Q1 2021, affecting about 11,600 retirees with unchanged monthly benefits.
Unisys Corporation (NYSE: UIS) has been recognized by Information Services Group (ISG) as a leader in public-cloud solutions and services across the U.S., UK, and Brazil. In the latest ISG Provider Lens report, Unisys was highlighted for its CloudForte® managed-service offering, which emphasizes secure digital transformation through automation and AI. The report identifies Unisys as a leader in Managed Public Cloud Services and Consulting Services for Mid-market in the U.S. Additionally, Unisys has secured positions as a Product Challenger in various categories, illustrating a strong market presence.
Unisys Corporation (NYSE: UIS) announced the completion of a lump-sum cash-out offer for eligible former associates with deferred vested benefits in U.S. pension plans. Earlier in 2020, Unisys contributed approximately $800 million to its pension plans, aiming to reduce future required contributions. The current initiative is part of a broader strategy to lower global pension liabilities by $1 billion by Q1 2021, with about 3,500 former associates accepting the offer. This will lead to a one-time, non-cash pre-tax settlement charge of $150 million, with no impact on cash position.
Unisys Corporation (NYSE: UIS) announced the launch of Stealth(identity), an advanced biometric identity management software. This scalable solution offers flexible biometric authentication and security for enterprises on-premises or in the cloud. Enhanced features include seamless positive authentication, integration with Network Access Control, and a customizable user experience. The importance of verified identities is underscored due to increasing identity fraud losses, which reached $16.9 billion in 2019. Stealth(identity) aims to provide secure identity verification as businesses adapt to new operational challenges.
Unisys Corporation (NYSE: UIS) has been recognized as a Leader in the NelsonHall vendor evaluation for Cloud Infrastructure Brokerage, Orchestration & Management. This evaluation highlights Unisys's strong capabilities in delivering both immediate client benefits and addressing future needs. The report cites Unisys's automated hybrid cloud security, AI-Ops for cost optimization, and Cloud Experience Centers as key strengths. Unisys's reputation in cloud services has significantly grown, confirming its position as a provider of end-to-end hybrid cloud solutions.
SAS Cargo Group A/S has extended its partnership with Unisys Corporation (NYSE: UIS) to enhance air freight booking services via the Cargo Portal platform. This collaboration aims to simplify online bookings, provide real-time visibility, and expand SAS Cargo's market reach. The integration is expected to support a surge in self-service bookings, addressing customer needs efficiently. Unisys, a long-time supporter of SAS Cargo, emphasizes the opportunity to unlock new revenue streams and improve user experience through this partnership.
On December 3, 2020, Unisys Corporation (NYSE: UIS) announced its membership in The Valuable 500, a global network advocating for disability inclusion in business. CEO Peter A. Altabef emphasized the importance of diversity and integrating people with disabilities into their workforce, stating it aligns with their corporate social responsibility goals. Unisys has established the Ability Innovation Group to enhance workplace culture and has been recognized by the Disability Equality Index as one of the 2020 Best Places to Work for Disability Inclusion.
Unisys Corporation (NYSE: UIS) has been selected by West Bromwich Building Society to implement its Elevate™ omnichannel banking platform. This partnership aims to enhance the digital experience for West Brom members, allowing access to new services such as a mobile app and secure self-service options. The contract includes improved security features and operational tools for efficient product management. Elevate's open API architecture supports innovative service delivery, responding to a growing preference for digital banking, especially among older customers.