Unisys(UIS)
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Unisys Partners with Chicago Quantum Exchange to Drive Quantum Technology Applications
Prnewswire· 2025-02-04 13:30
CHICAGO and BLUE BELL, Pa., Feb. 4, 2025 /PRNewswire/ -- Unisys (NYSE: UIS), a leading global technology solutions provider, has joined the Chicago Quantum Exchange (CQE), launching a partnership aimed at driving industry-specific applications for quantum technology, developing top-tier quantum talent, and strengthening the Illinois-Wisconsin-Indiana quantum ecosystem.Unisys brings extensive expertise in quantum solutions and services across logistics, meteorology, financial modeling, and cryptography, cont ...
Unisys Announces Dates of Fourth-Quarter and Full-Year 2024 Final Results and Conference Call, and Participation in Upcoming Investor Conference
Prnewswire· 2025-01-30 13:00
BLUE BELL, Pa., Jan. 30, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announced it will release its fourth-quarter and full-year 2024 financial results on Tuesday, February 18, 2025, after the close of trading on the New York Stock Exchange.Unisys will host a conference call with the financial community on Wednesday, February 19, 2025, at 8 a.m. EST to discuss the results.The company will offer a live, listen-only conference call webcast on the Unisys Investor Website at www.unisys.com/investor. In addition, dom ...
Unisys Expands Global Network of Carriers - Adds Finnair Cargo to its Cargo Portal Services Platform
Prnewswire· 2025-01-27 12:00
Unisys enables Finnair Cargo to strengthen its digital presence, streamline operationsand reach a new customer base BLUE BELL, Pa., Jan. 27, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announces the addition of Finnair Cargo – a leading global air cargo carrier specializing in fast and high-quality transport between Asia, Europe, and North America – to its Cargo Portal Services (CPS) platform. This strategic collaboration provides enhanced access and visibility to Finnair's cargo destinations, capacity and rout ...
Unisys Shares Rise 37% in 6 Months: How Should You Approach the Stock?
ZACKS· 2025-01-14 15:56
Company Performance and Growth - Unisys' strong performance is driven by robust market demand for AI and cloud transformation, along with its innovative solutions [1] - The Zacks Consensus Estimate for Unisys' 2025 earnings is 61 cents per share, reflecting a year-over-year growth of 96.77% [2] - Unisys' 2025 revenue is estimated at $2.1 billion, indicating a year-over-year growth of 3.42% [2] - Unisys has beaten the Zacks Consensus Estimate for earnings in three of the past four quarters, with an average surprise of 50.58% [2] - Unisys shares have surged 36.7% over the past six months, outperforming the Zacks Computer and Technology sector (1%) and the Computers – IT Services industry (11.8%) [8] - Unisys shares have outperformed peers like ServiceNow (32.3%), DXC Technology (2.5%), and Draganfly (-39.9%) over the past six months [8] AI and Innovation - Unisys is leveraging over 120 active AI projects across diverse industries to deliver tailored, cutting-edge solutions [4] - The company's generative AI-powered tools, such as the Unisys Service Experience Accelerator and custom education companions, address specific client needs and enhance operational capabilities [4] - Unisys is advancing logistics optimization by using AI and quantum annealing to improve cargo solutions, expanding its presence in the travel and transportation sectors [5] Market Challenges - Unisys faces intense competition from rivals utilizing cutting-edge technologies like Generative AI, cloud computing, and digital transformation tools [5] - Macroeconomic uncertainties, including inflation and regulatory changes, are creating headwinds that could impact Unisys' growth [6] Investment Outlook - Unisys currently carries a Zacks Rank 3 (Hold), suggesting investors may wait for a more favorable entry point [7]
Unisys Recognized by Avasant as a Leader in Its End-User Computing Services 2024-2025 RadarView™ Report
Prnewswire· 2025-01-13 13:30
Core Insights - Unisys has been recognized as a Leader in the Avasant End-User Computing Services 2024-2025 RadarView™ report for the second consecutive year, highlighting its excellence and innovation in enhancing user experience and driving business outcomes [1][2][4] Group 1: Recognition and Ratings - The Avasant RadarView™ report evaluated 34 providers and Unisys received a five-star rating in practice maturity, partner ecosystem, and investments and innovation, indicating strong leadership in the end-user services market [2] - The recognition reflects Unisys' commitment to innovation and excellence in delivering solutions that meet the evolving needs of clients [4] Group 2: Company Overview and Solutions - Unisys is a global technology solutions company that offers services in cloud, AI, digital workplace, logistics, and enterprise computing, helping clients unlock their full potential [5] - The company provides persona-based end-user computing services that focus on user experience, utilizing predictive analytics, automation, and user sentiment analysis to connect user experiences with business outcomes [6] - Unisys offers subscription-based device life cycle management services, covering procurement, image and application management, provisioning, patching, monitoring, support, and replacement [6] - The company enhances employee collaboration and communication for frontline workers using Microsoft 365 and Teams, automating workflows to increase productivity [6] - Unisys is developing innovative solutions, including generative AI-based knowledge management and a digital assistant, as well as expanding device life cycle management for AR/VR/MR devices and assisting clients with post-quantum encryption readiness [6]
Unisys Awarded Eight Leader Designations in 2024 ISG Provider Lens™ Multi Public Cloud Services Report
Prnewswire· 2025-01-09 16:00
Digital agility, client-centric and scalable solutions, and automation capabilities position Unisys as a leader across multiple quadrants in the U.S., U.S. Public Sector, UK and BrazilBLUE BELL, Pa., Jan. 9, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has been named a leader in the 2024 ISG Provider Lens™ Multi Public Cloud Services Report. The report evaluates providers' ability to facilitate public cloud services, including migration, consulting and transformation, managed services, financial operations servi ...
Unisys Recognized Among Top Employers in Asia-Pacific by Financial Times for Employee Experience
Prnewswire· 2024-12-18 14:48
BLUE BELL, Pa., Dec. 18, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announced that the Financial Times has recognized the company as one of 2025 Best Employers to work for in Asia Pacific, placing Unisys in the top 35% of the 500 employers in the ranking. Represented by employees in more than thirty countries, this recognition underscores Unisys' commitment to fostering connections and understanding and valuing the employee experience worldwide. "We are honored to be recognized as a premier employer in the Asi ...
Unisys President and Chief Operating Officer Mike Thomson to Discuss Recently Announced April 1, 2025, CEO Transition at the Needham Growth Conference
Prnewswire· 2024-12-13 13:00
Core Points - Unisys will participate in the Needham Growth Conference in New York City on January 14, 2025, where President and COO Mike Thomson will present and host meetings with investors [1] - Mike Thomson will succeed Peter Altabef as CEO on April 1, 2025, with Altabef remaining as Chair of the Board [2] - The leadership transition aims to ensure the execution of Unisys' long-term strategy for growth and profitability [2] Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing [4] - The company has been helping clients innovate and unlock their potential for over 150 years [4]
Unisys Predicts Eight Major Trends Shaping Enterprise Technology in 2025
Prnewswire· 2024-12-12 14:00
Core Insights - Unisys released a report titled "Top IT Insights for 2025: Navigating the Future of Technology and Business," identifying eight key trends that will reshape enterprise technology [1] - The report emphasizes aligning technology with business demands, environmental sustainability, and regulatory compliance to secure long-term success [2] AI and Natural Language Interfaces - The next wave of AI will focus on intuitive, voice-driven interfaces, enabling organizations to integrate conversational AI, explore voice and gesture interfaces, and automate workflows using natural language [3] AI Models and Edge Computing - Smaller, specialized AI models combined with edge computing are expected to outperform larger models in business applications, reducing costs, improving latency, and enhancing security [4] Hybrid Cloud Strategies - Rising cloud costs are driving a shift toward hybrid cloud approaches, with organizations evaluating cloud costs against business value and developing clear migration criteria to optimize resources [5] Quantum-Safe Cryptography - The emergence of quantum computing necessitates the adoption of post-quantum cryptography standards to protect data from future quantum threats [6] Talent and AI Adoption - Entry-level workers with digital fluency are valuable for AI implementation, and organizations should prioritize hiring young talent, offering AI training, and creating mentorship programs [7] Hybrid Work Models - A three-day hybrid work model is becoming the new standard, enhancing productivity and flexibility while requiring companies to strengthen remote engagement tools and design collaborative office spaces [8] Energy-Efficient AI - Sustainable AI practices, including monitoring energy usage and adopting efficient architectures, can differentiate companies and reduce environmental impact [9] AI Compliance and Localization - Companies must adapt to diverse global data regulations by establishing governance frameworks, complying with regional data rules, and providing clear AI usage guidelines [10] About Unisys - Unisys is a global technology solutions company offering cloud, AI, digital workplace, logistics, and enterprise computing solutions to help organizations unlock their full potential [11]
Unisys Appoints Michael M. Thomson as Chief Executive Officer
Prnewswire· 2024-12-05 21:30
Thomson to succeed Peter A. Altabef, effective April 1, 2025 Altabef, CEO since 2015, to remain as Chair of the Board BLUE BELL, Pa., Dec. 5, 2024 /PRNewswire/ -- The Unisys (NYSE: UIS) Board of Directors announced today that it unanimously elected Mike Thomson, current President and Chief Operating Officer at Unisys, to succeed Peter Altabef as the company's CEO, effective April 1, 2025. Also, effective April 1, Thomson will join the company's Board and will retain his current title as President. Altabef, ...