In an effort to reverse its recent lackluster financial performance, computer services supplier Unisys Corp. (NYSE: UIS), announced yesterday that it will embark upon a three-year plan that will result in more than 50 percent of its sales coming from
In making the announcement, company CEO Lawrence Weinbach detailed an Internet-based package of new products and services that will include consulting and technical services and Intel-based mainframe computers designed to manage Web companies.
Currently, 18 percent of Unisys revenues come from Internet-related business.
Weinbach emphasized that Unisys has not missed their chance to jump on the Internet bandwagon. “The second wave of electronicbusiness — the moment when hypergrowth gears up — has just begun,” he said.
Web Products For Industry
Weinbach used International Data Corporation (IDC) statistics to explain that business-to-business Internet commerce will reach $1.3 trillion (US$) by 2003. In response to these healthy projections, Unisys plans to deliver a comprehensive set of Web products tailored to specific industries.
Along with services and consulting, Unisys will produce the Unisyse-@ction Enterprise Server ES7000, a mainframe designed to rune-commerce software.
Agreements with Microsoft and Intel
The ES7000 mainframe is based upon Intel chips and Microsoft software, and Unisys expects this new package to match the performance of the UNIX-based computer at one-fifth the price.
The system includes a new partitioning flexibility that allows the computer to shift resources within its system without processing interruptions. This feature was developed to solve the unpredictable changes in workloads that are common with Internet software and hardware demands.
Range of Internet Partners
In addition to the Intel and Microsoft agreements, Weinbach announced that it will partner with BEA Systems, Inc., a supplier of software plumbing for computer networks, and Intershop Communications AG, a company that provides e-commerce transactions systems.
Unisys also announced a pact with Siebel Systems, Inc., a maker of marketing software.