Leading information technology company Unisys Corporation (UIS – Analyst Report) was recently offered a contract worth $681 million by the Commonwealth of Pennsylvania to host and operate on-demand government cloud computing services. Conducted through a competitive bid process, the contract is for an initial term of seven years, with three one-year renewal options.
The contract will involve the consolidation of seven existing data centers into a single secure hybrid cloud. Various state agencies will be able to requisition on-demand IT services. This contract allows the purchase of services as per requirements while providing project and contract management and other additional technical services. Unisys is also continuously introducing innovative products that will facilitate business flexibility, security and centralized management system.
The Commonwealth of Pennsylvania has resorted to this advanced way of delivering IT services with a shared services model in order to reduce costs and operate more efficiently. Unisys intends to team up with premium technology providers and Pennsylvania-based diverse businesses to further render advanced technological services.
— Zacks Investment Research