Electronic Data Systems (EDS)

[VelMurugan]

EDS



Founded in 1962, EDS has evolved from a $1,000 investment into a $20 billion plus technology services company. At fifth position, the company offers a broad portfolio of business and technology solutions. The company was recently acquired by the IT giant HP in a $12.6 billion deal, which has also got clearance from the US government antitrust review.

According to the survey, EDS which led the 2007's Black Book "Best Managed" global outsourcing vendors ranking got a boost by EDS' MphasiS BPO unit and HRO unit Excellerate. Data Center expertise in communications, transportation, energy, and government also got the company client approval above hundreds of ITO firms.

EDS is likely to boost HP's presence in the technology services that includes running computer data centers, stitching together software programmes and consulting on special projects for business and government clients.

Though HP has stated it will maintain EDS' existing hardware partnerships, analysts believe that HP will ultimately lead with its products, rather than recommend competitor solutions.

While the focus through 2009 will be on combining HP's existing outsourcing services with EDS, the company will continue to drive growth across its other business units while continuing to seek out efficiencies across the organization.