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Home > (CSC, CLNO, MOH, MWA, BEE) Stock to Watch by CRWEWallStreet.com

(CSC, CLNO, MOH, MWA, BEE) Stock to Watch by CRWEWallStreet.com

October 29th, 2011 at 03:47 pm







Computer Sciences Corporation (NYSE:CSC) licenses software systems, including SaaS offerings for the financial services and other industry-specific markets; and provides a range of end-to-end business solutions. CSC has its operations primarily in North America, Europe, Asia, and Australia. CSC was founded in 1959 and is based in Falls Church, Virginia.



Computer Sciences Corporation announced yesterday that it has signed a five-and-a-half year information technology (IT) operations outsourcing contract renewal and expansion with Educational Testing Service (ETS), the leader in advancing quality and equity in education for people worldwide. The agreement was signed in the second quarter of CSC fiscal year 2012, and has an estimated value of more than $200 million assuming all options are exercised. As part of the agreement, CSC will continue to bring new and innovative approaches to the way ETS leverages IT.

“We are excited at the opportunity to continue our work with ETS, an organization that has a strong grasp of the way IT can be used to more effectively and efficiently position their business for the future,” said Joe Schechter, president, Managed Services Sector Americas, CSC. “We are committed to building on the great partnership we have formed with ETS and to further supporting their IT needs.”

CSC will provide its industry-leading cloud services to ETS including CloudCompute, the new infrastructure as a service (IaaS) architecture deployed in the CSC Trusted Cloud Datacenters. CloudCompute, a VMware vCloud Datacenter Service, delivers compute, storage and network resources “as a service” to support any application and is especially suited for hosting mission-critical and business-critical workloads. Additional services that CSC will provide include service desk, end-user support, network support, distributed computing, security operations, disaster recovery and data center management services. Work will be performed utilizing CSC’s worldwide network of delivery centers.

“Customers like ETS are invaluable to CSC because they are proactive in offering insights and feedback about their experience with our cloud services,” said Siki Giunta, vice president, Global Cloud Services and Software, CSC. “As more organizations successfully leverage the CSC cloud to introduce agility into their IT operations, our position as a global leader in managed services across all delivery vectors continues to grow and evolve.”

The CloudCompute infrastructure is built on the Vblock™ Infrastructure Platform from VCE, The Virtual Computing Environment Company. Vblock integrates the leading virtualization software, networking, security, computing, storage and management technologies from industry leaders Cisco, EMC and VMware.

For more information about Computer Sciences Corporation, please visit: www.csc.com

Read full article at: http://crwewallstreet.com/?p=21944

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