A Brief History of Unisys Corporation (UIS)
Formation and Early Years
Formation and Early Years
Unisys Corporation was formed in 1986 through the merger of two major computing companies: >Burroughs Corporation and >Sperry Corporation. The merger brought together their expertise in hardware and software, creating a powerful player in the computing industry.
Key Developments in the 1990s
In the 1990s, Unisys focused on expanding its services and solutions, particularly in the areas of mainframe computing and consulting services. The launch of the Unisys ClearPath systems, which combined hardware and software technologies, marked a significant step in this direction.
Financial Performance
The financial trajectory of Unisys has been characterized by fluctuations. In fiscal year 2020, the company reported revenues of approximately $2.52 billion. For fiscal year 2021, the revenue figures increased to around $2.87 billion, representing a year-over-year growth of about 14%.
Employee Count
As of 2021, Unisys employed approximately 22,000 individuals globally, which includes a diverse workforce engaged in various technology and consulting services.
Acquisitions and Partnerships
- The acquisition of >ESG (Enterprise Solutions Group) in 2001 aimed to enhance Unisys' service offerings.
- In 2015, Unisys acquired >Unisys Federal, a company focused on government solutions, further diversifying its portfolio.
Recent Innovations
Unisys has been investing significantly in cloud computing and cybersecurity solutions. The company launched the Unisys CloudForte™ platform in 2021 to assist businesses with cloud migration and management.
Stock Performance
As of October 2023, Unisys' stock price (UIS) was approximately $5.90, with a market capitalization of about $1.06 billion. Over the past year, the stock has experienced a range of $4.00 to $9.50.
| Year | Revenue (in billions) | Employee Count | Stock Price (USD) |
|---|---|---|---|
| 2019 | 2.72 | 23,000 | 4.00 |
| 2020 | 2.52 | 22,500 | 6.00 |
| 2021 | 2.87 | 22,000 | 9.00 |
| 2022 | 2.50 | 21,500 | 5.50 |
| 2023 | 2.90 (Projecting) | 20,000 (Projected) | 5.90 |
Strategic Focus
Unisys continues to concentrate on cybersecurity and digital transformation, targeting sectors such as government, financial services, and healthcare, emphasizing innovation and customer-centric solutions.
Global Presence
Unisys operates in multiple countries, including the United States, Canada, India, and several European nations, indicating its vast international footprint.
A Who Owns Unisys Corporation (UIS)
Current Shareholders
As of the latest reports, Unisys Corporation (UIS) has a diverse shareholder base, including institutional investors, individual shareholders, and management. The following table outlines the significant shareholders of Unisys Corporation.
| Shareholder | Ownership Percentage (%) | Type of Shareholder | Number of Shares Owned |
|---|---|---|---|
| The Vanguard Group, Inc. | 8.66% | Institutional | 8,264,781 |
| BlackRock, Inc. | 8.51% | Institutional | 8,087,642 |
| Dimensional Fund Advisors LP | 5.09% | Institutional | 4,925,215 |
| FMR LLC | 5.00% | Institutional | 4,800,000 |
| Michael D. Hargrove | 2.95% | Insider | 2,832,400 |
| Other Individual Shareholders | 69.29% | Individual | Approximately 66,754,708 |
Recent Stock Performance
Unisys Corporation has shown volatility in its stock price. The following data outlines the recent stock performance, including market capitalization and closing prices.
| Date | Closing Price (USD) | Market Capitalization (USD) |
|---|---|---|
| October 20, 2023 | 6.20 | 625,000,000 |
| September 20, 2023 | 7.10 | 710,000,000 |
| August 20, 2023 | 8.50 | 850,000,000 |
Company Overview
Unisys Corporation operates globally and provides IT services and solutions. The company has a varied portfolio, with revenues generated from different sectors including cloud computing, digital transformation, and cybersecurity.
- Year Founded: 1986
- Headquarters: Blue Bell, Pennsylvania, USA
- Total Employees: Approximately 22,000
Financial Overview
The financial health of Unisys Corporation can be summarized with the following key figures.
| Fiscal Year | Total Revenue (USD) | Net Income (USD) |
|---|---|---|
| 2022 | 1,053,000,000 | (300,000,000) |
| 2021 | 1,025,000,000 | (250,000,000) |
| 2020 | 1,023,000,000 | (200,000,000) |
Future Ownership Trends
The ownership structure of Unisys Corporation reflects trends common in the tech industry, with institutional ownership expected to influence corporate governance and strategic direction.
- Increase in institutional investment observed in the last two years.
- Potential for share buybacks or dividends influenced by company performance.
- Management's stake in the company aligns interests with shareholders.
Unisys Corporation (UIS) Mission Statement
Overview of Unisys Corporation
Unisys Corporation, a global information technology company, focuses on providing various services including IT outsourcing, systems integration, and consulting. Established in 1986, Unisys has established itself as a significant player in the technology sector with a mission to enable organizations to achieve their goals through technology.
Mission Statement
The mission of Unisys Corporation is to deliver innovative solutions that help organizations move forward and improve their business operations. This mission is characterized by a commitment to partnering with clients to address their unique challenges and to drive digital transformation through advanced technologies.
Core Values
- Integrity: Upholding the highest ethical standards
- Client Commitment: Dedication to understanding and meeting clients' needs
- Innovation: Fostering a culture of creativity and continuous improvement
- Collaboration: Working as a unified team to achieve common goals
Financial Overview
As of 2023, Unisys Corporation reported the following key financial figures:
| Year | Revenue (in millions USD) | Net Income (in millions USD) | Total Assets (in millions USD) | Market Capitalization (in billions USD) |
|---|---|---|---|---|
| 2021 | 1,146 | 31.2 | 1,048 | 0.68 |
| 2022 | 1,104 | 19.3 | 1,083 | 0.61 |
| 2023 | 1,050 | 15.7 | 1,100 | 0.55 |
Strategic Goals
The strategic goals of Unisys include:
- Enhancing customer experience through innovative service delivery.
- Expanding global presence to better serve international clients.
- Investing in cutting-edge technologies such as artificial intelligence and cloud solutions.
- Strengthening cybersecurity measures to protect client data.
Contribution to Digital Transformation
Unisys aims to be at the forefront of digital transformation initiatives across various sectors. The mission statement underlines the importance of:
- Utilizing data analytics for strategic insights.
- Implementing robust cloud services for scalability.
- Developing secure digital platforms to enhance operational efficiency.
Partnerships and Collaborations
Unisys believes in collaboration as a cornerstone of its mission. Key partnerships include:
- Collaboration with cloud service providers such as Microsoft and Amazon Web Services.
- Joint ventures with cybersecurity firms to enhance service offerings.
- Engagement with local governments to improve public sector IT capabilities.
Conclusion of Mission Initiatives
The mission of Unisys Corporation is reflective of its dedication to providing world-class technology solutions that empower organizations. Through its strategic initiatives, Unisys continues to drive innovation while striving to meet the evolving needs of its clients.
How Unisys Corporation (UIS) Works
Company Overview
Company Overview
Unisys Corporation, established in 1986, is a global information technology company that provides IT services and solutions, focusing primarily on outsourcing, infrastructure, and high-end enterprise applications.
Business Segments
Unisys operates through two primary segments:
- Services
- Technologies
Financial Performance
As of Q3 2023, Unisys reported the following financial figures:
| Financial Metric | Q3 2023 Amount | Year-over-Year Change (%) |
|---|---|---|
| Revenue | $207 million | -5% |
| Net Income | $1 million | -89% |
| Gross Margin | 24% | -3% |
| EBITDA | $25 million | -55% |
| Cash and Cash Equivalents | $83 million | +15% |
Service Offerings
Unisys provides a wide range of services, including:
- Cloud and Infrastructure Services
- Digital Transformation Services
- Application Services
- Security Services
Market Focus
Unisys caters to various industries such as:
- Government
- Financial Services
- Healthcare
- Transportation
Recent Developments
In 2023, Unisys announced strategic partnerships to enhance its service delivery:
| Partnership | Focus Area | Status |
|---|---|---|
| Microsoft | Cloud Solutions | Active |
| ServiceNow | IT Management | Active |
| IBM | Cybersecurity | Active |
Employee Overview
As of 2023, Unisys employs approximately:
- 19,000 employees globally
- 40% in North America
- 60% in international markets
Stock Performance
As of October 2023, Unisys (UIS) stock price is:
| Stock Metric | Value |
|---|---|
| Current Price | $3.50 |
| Market Capitalization | $255 million |
| P/E Ratio | 15.7 |
Client Base
Unisys serves over:
- 1,200 clients worldwide
- Top 10 global banks
- 5 of the largest healthcare providers
How Unisys Corporation (UIS) Makes Money
Service Offerings
Unisys generates revenue through its various service offerings which include Cloud and Infrastructure Services, Business Process Outsourcing (BPO), and Digital Workplace Services. In 2022, Unisys reported approximately $1.1 billion in revenue from these services.
Cloud and Infrastructure Services
This segment provides cloud solutions and IT infrastructure support. The revenue in this category was approximately $646 million for the fiscal year 2022, which reflects a year-over-year growth driven by increasing demand for cloud migration services.
Business Process Outsourcing (BPO)
The BPO services segment contributed about $304 million in revenue in 2022. This service includes customer support and IT services, catering primarily to the public sector and financial services industries.
Digital Workplace Services
As organizations enhance their digital capabilities, Unisys's Digital Workplace Services generated around $150 million in 2022. This includes support for remote work solutions and workplace security.
Product Offerings
Unisys also offers various products that contribute to its revenue stream, including its proprietary software for cybersecurity and enterprise application integration. This segment accounted for approximately $156 million in revenue in 2022.
Revenue Breakdown Table
| Service/Product Type | Revenue (2022) |
|---|---|
| Cloud and Infrastructure Services | $646 million |
| Business Process Outsourcing (BPO) | $304 million |
| Digital Workplace Services | $150 million |
| Product Offerings | $156 million |
| Total Revenue | $1.256 billion |
Client Segments
Unisys serves a diverse array of industries including government, financial services, and healthcare. The government sector comprises about 27% of its total revenue, while financial services contribute approximately 23%.
Geographical Distribution
In terms of geographical distribution, Unisys generates around 60% of its revenue from North America, while Europe accounts for 25%, and the remaining 15% comes from the Asia-Pacific region.
Recent Financial Performance
For the first quarter of 2023, Unisys reported a revenue of approximately $300 million, with a year-over-year increase of 3% compared to Q1 2022.
Investment in Technology
Unisys invested $50 million in R&D in 2022 to enhance its cybersecurity offerings and cloud infrastructure capabilities.
Partnerships and Collaborations
Strategic partnerships, such as with Microsoft and Amazon Web Services, have allowed Unisys to expand its service offerings and reach a broader client base. These collaborations are expected to generate additional revenues of approximately $100 million over the next two years.
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