T-Bytes Consulting & IT Services

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T-Bytes
Consulting & IT Services
February Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates.................................................................................................................................................18
3. Rewards and Recognition Updates...................................................................................................................23
4. Customer Success Updates................................................................................................................................46
5. Partnership Ecosystem Updates.......................................................................................................................57
6. Events Updates...................................................................................................................................................72

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Financial, M & A Updates
Consulting & IT Services Industry

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Financial, M&A Updates
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Accenture Acquires Dutch Product Design and Innovation Agency VanBerlo to
Help Clients Build Smart Connected Solutions
Accenture has acquired award-winning product design and innovation
agency VanBerlo, headquartered in Eindhoven, Netherlands. The acquisition
will strengthen Accenture’s capabilities to help clients benefit from the
merging of physical products and digital services. Terms of the deal were not
disclosed. VanBerlo innovates products and services for companies in many
industries, including fast-moving consumer goods, mobility, healthcare,
banking and high-tech. The agency’s smart connected solutions combine
physical objects with digital services, using technologies like internet of
things sensors, artificial intelligence and data analytics. These solutions can
provide more personalized offerings and convenience to users while offering
companies new ways to expand their businesses. VanBerlo has a team of
more than 90 professionals working from studios in Eindhoven and The
Hague. They have deep experience in innovation and product strategy;
product, software and user experience design; and prototyping, with a focus
on sustainable solutions. The team will join Accenture Industry X.0, the part
of Accenture that uses digital technologies to improve how companies
design, engineer and manufacture products and services, and operate
industrial facilities.
Executive Commentary
CEO of VanBerlo, said: “Our multidisciplinary team is passionate about
creating forward-looking solutions that meet humans’ needs and generate
growth for clients. We are looking forward to joining Accenture Industry
X.0 and driving innovation for global clients. The acquisition of VanBerlo
will complement Accenture’s acquisition of innovation agency Happen in
October 2019, which has a team in Amsterdam. Other acquisitions
Accenture has made to strengthen its Industry X.0 business include US
product innovation and engineering company Nytec, German technology
consultancy Zielpuls, and German strategic design agency designaffairs.”
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Accenture Adds New SAP Capabilities in Australia and New Zealand with Acquisition
of Technology Consultancy Icon Integration
Accenture has acquired Icon Integration, a privately held Australian
technology consultancy that provides SAP digital supply chain
solutions and services as well as specialized business intelligence
solutions to clients across Australia and New Zealand. This acquisition
will boost Accenture’s growing technology practice and number of SAP
professionals in the region. Icon Integration was founded in 2011 and
employs a team of approximately 70 professionals at its offices in
Sydney and Melbourne, as well as in New Zealand. The firm works
with some of the regions’ largest retail, consumer goods and
government organizations, bringing differentiated capabilities in supply
chain execution, particularly warehouse management. Icon Integration
also helps companies with data optimization, as well as designing,
developing and delivering bespoke enterprise technology solutions that
help clients improve business performance and operational efficiencies.
Chairman of Accenture in Australia and New Zealand, said, “Over the
last 18 months we have made several acquisitions in areas where
there is growing demand from clients as they look to capitalize on the
innovation opportunity presented by the digital economy. These
ongoing investments are a demonstration of our commitment to
deepen our capabilities and to scale at speed, so we can better serve
our clients and position our business for future growth.”
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Accenture to Acquire Mudano, Enhancing Its Analytics and Data Transformation Services to
Financial Services Firms in the UK
Accenture has agreed to acquire Mudano, a strategic data consultancy to U.K.
financial services firms, further enhancing its analytics, data and artificial
intelligence transformation capabilities. Terms of the transaction were not
disclosed. Mudano’s team of industry-focused data professionals will join
Accenture Applied Intelligence, which employs more than 20,000 professionals
worldwide who help clients scale AI, including 6,000 data scientists, data engineers
and AI professionals. Mudano’s data advisory expertise and technology solutions
will complement Accenture’s existing capabilities and strengthen its commitment to
helping clients generate measurable value and return on investment from large-scale
transformation projects. Founded in 2014 and headquartered in London, with a
presence in Edinburgh, Scotland, Mudano uses advanced analytics, applied data
science and modern data technologies to help the U.K.’s largest banks, insurers and
wealth management firms transform key areas, such as customer behavior analytics,
financial crime-prevention and intelligent data management. Accenture Applied
Intelligence has received several recognitions from leading industry analyst firms in
2019, including being named a worldwide leader in AI vendor services by IDC. In
the past several months Accenture Applied Intelligence has acquired Clarity
Insights, Pragsis Bidoop and Analytics8, further enhancing its ability to meet
growing client demand in the U.S., Spain and Australia, respectively.
“Our research shows that U.K. businesses are struggling with how to scale
technologies like artificial intelligence to deliver business value and financial
services is no exception, said George Managing director at Accenture who leads
its Applied Intelligence group in the U.K. & Ireland. Mudano’s focus on helping
clients build a ‘data culture’ aligns perfectly to Accenture’s Applied Intelligence
strategy. By creating a strong data foundation supported by the right skills,
stakeholders and technologies — our clients can transform at speed and scale and
fuel real change for their business.”
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Accenture to Expand Workday Practice to Help Higher Education and Public Sector Organizations
Transform Core Operations
Accenture has signed an agreement to acquire the Workday, Salesforce and
U.S. MuleSoft practices from Sierra-Cedar. The acquisition will fortify
Accenture’s leading position in the Workday ecosystem and broaden
Accenture services to higher education and government organizations
seeking to transform core software systems for human resources, finance,
accounting and student services. Sierra-Cedar’s Workday practice brings
deep industry experience and expertise in the small and medium-sized
education and government markets. Once finalized, approximately 275
professionals across the United States will join Accenture’s Workday,
Salesforce and MuleSoft practices, focused on modernizing complex core
operational systems and processes for higher education and government
clients. In its 2019 fiscal year, Accenture invested nearly US$1.2 billion
globally on 33 acquisitions to acquire critical skills and capabilities in
strategic, high-growth areas of the market. Accenture was recently named a
leader in The Forrester New Wave™: Workday Implementation Partners, Q3
2019 report. Accenture received a differentiated rating, the highest score
possible, in seven out of 10 criteria.
“We are focused on our clients’ priorities for more efficient, secure,
transparent and customer service-oriented operations, and the practitioners
joining Accenture have the industry and platform skills that are at the
center of many such efforts,” said Managing director of Accenture’s
education and government-focused Workday practices. By bolstering our
practice focused on Workday Student, Financial Management and Human
Capital Management, Accenture can help our clients achieve a greater set
of outcomes.”
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Atos completes the acquisition of Maven Wave
Atos, a global leader in digital transformation, announced the completion of
its acquisition of Maven Wave, a U.S.-based cloud and technology consulting
firm specialized in delivering digital transformation solutions for large
enterprises. With this acquisition, Atos reinforces its global leadership in
cloud-solutions for applications, data analytics and machine learning in
hybrid and multi-cloud platforms. After being awarded the Google Cloud
Breakthrough Partner of the Year in 2019, Atos continues to build its Google
Cloud solutions capabilities, notably by welcoming more than 330 Maven
Wave employees, recognized as some of the best teams globally. The
company now holds ten Google specializations and is recognized as the
Google Cloud North America Services Partner of the Year for the last two
years running. The addition of Maven Wave’s expertise into the Atos
portfolio further accelerates the transformation and growth in North America
and enforces the company’s commitment to extend and enrich its digital
portfolio across the globe.
“We continue to build deep capabilities in delivery of digitalization
services that enable our clients to transform and deliver the experiences
their customers want and expect across all industries said Atos CEO. Our
Cloud services expertise is second to none, as we provide a complete
spectrum of specializations ranging from infrastructure and cloud
migration to data analytics and machine learning. Our range of
digitalization services, coupled with the relationship we’ve built with
Google Cloud, makes us the number one Google Cloud partner across the
globe.”
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CGI reports strong Q1 Fiscal 2020 results
First quarter
• Revenue of $3.05 billion, up 3.1% year-over-year or 4.8% in constant
currency;
• Adjusted EBIT of $474.1 million, up 8.0%;
• Adjusted EBIT margin of 15.5%, up 70 basis points;
• Net earnings of $290.2 million, for a margin of 9.5% and diluted EPS of
$1.06;
• Net earnings excluding specific items* of $334.9 million, for a margin of
11.0% and diluted EPS of $1.23;
• Cash provided by operating activities of $465.3 million, up 18.8%;
• Bookings of $2.75 billion for book-to-bill of 90.0% and 101.3% over the last
twelve months; and,
• Backlog of $22.29 billion or 1.8x annual revenue.
"I am pleased with this quarter's results of continued profitable growth and
strong cash generation as we successfully execute our build and buy strategy,"
said President and Chief Executive Officer. We are experiencing strong
demand for our end-to-end services and remain an active consolidator
through mergers and acquisitions."
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Key Financial Highlights

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Cognizant Intends to Acquire EI-Technologies, a Leading European Salesforce Platform
Specialist
Cognizant has entered into exclusive negotiations to acquire the French
operations of EI-Technologies, a Paris-based, privately-held digital
technology consulting firm and leading independent Salesforce specialist in
France. The proposed acquisition would complement Cognizant's global
Salesforce practice, expanding client resources in Europe. The planned
acquisition requires advance consultation with the relevant works councils
and would be subject to customary closing conditions. Financial terms of the
proposed transaction are not being disclosed. EI-Technologies is a Salesforce
Platinum Partner, and its EI-Institut is among the largest Salesforce
Authorized Training Delivery Partner centers in Europe. EI-Technologies'
clients include leading companies listed on the French stock market's CAC
40 index in the manufacturing, energy and utilities, financial services and
luxury industries. In addition to Salesforce expertise, the company also
specializes in Microsoft collaboration platform solutions and CIO advisory
services.
"We're determined to help our clients become fully digital, data-enabled,
customer-centric businesses. Cloud has changed the way IT is delivered
across infrastructure, applications and platforms, and is one of our strategic
focus areas, said Cognizant CEO. EI-Technologies, based in France, would
not only support our effort to further scale our international business but
also add Salesforce expertise and capabilities to our cloud management
portfolio."
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Cognizant Acquires Code Zero, a Leading Consultancy for Cloud-Based Configure-Price-Quote
and Billing Solutions
Cognizant announced it has acquired Code Zero Consulting, a privately-held
provider of consulting and implementation services for cloud-based
Configure-Price-Quote and billing solutions. The acquisition further
strengthens Cognizant's cloud solutions portfolio and Salesforce CPQ and
billing capabilities. Financial details were not disclosed. Founded in 2016,
Atlanta, Ga.-based Code Zero specializes in helping companies digitally
transform by providing strategy, implementation and migration capabilities to
evolve legacy systems to cloud-based CPQ and billing systems. Together
with contract lifecycle management, these systems make up Quote-to-Cash
solutions and enable clients to rapidly configure, price and quote complex
deals, automate the customer lifecycle and accelerate revenue. Code Zero is a
Salesforce Platinum Partner and includes leading global enterprises among
its clients across industries, particularly manufacturing and financial services.
"We're thrilled to be joining Cognizant, a global Fortune 200 firm, and
ATG, a world-leading QTC consultancy," said Co-founder and managing
partner of Code Zero. Cognizant and ATG share our passion for
collaborating with clients and helping them succeed in their digital
transformation endeavors. Combining our respective expertise in advising
on, implementing and managing CPQ and billing business processes and
technologies contributes to a true global powerhouse of Salesforce
platform expertise."
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Firstsource Solutions Reports Third Quarter Fiscal 2020 Results
Financial Highlights for Quarter Ended December 31st 2019:
• Revenues at Rs. 10,535 million, 6.9% Y-o-Y and 8.3% in
constant currency; 7.0% Q-o-Q and 4.7% in constant currency
• Operating Margin at Rs. 1,182 million or 11.2% of revenues
• Profit After Taxes at Rs. 895 million or 8.5% of revenues
• Diluted Earnings Per Share of Rs 1.29
• Added 481 employees in the quarter taking total employee
strength to 20,482
Chairman of Goenka Group and Firstsource Solutions, said, “We
saw strong growth across sectors underpinned by our continued
investment in digital and growth capacity. As our clients evolve
their businesses with increasingly sophisticated Technology,
Digital solutions are the way forward for us.”
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General Dynamics Reports Fourth-Quarter and Full-Year 2019 Financial
Results
• Fourth-quarter net earnings of $1 billion, up 12.2%
• Fourth-quarter diluted EPS of $3.51, up 14.3%
• Fourth-quarter operating margin of 12.3%, up 50 basis points
• Full-year diluted EPS from continuing operations of $11.98, up 6.8%
• Backlog grew 28.1% to record-high $86.9 billion, for book-to-bill of 1.5-to-1 for the year
SEGMENT HIGHLIGHTS
• Aerospace revenue was $2.9 billion for the quarter, up 8.4% over the year-ago quarter, for full-year revenue of
$9.8 billion. Operating earnings were $480 million for the quarter, up 25.7% over the year-ago quarter, and
$1.5 billion for the year. Operating margin was 16.4% for the quarter, up 230 basis points over the year-ago
quarter, and 15.6% for the year. Backlog grew during the fourth quarter to $13.3 billion, up 17.4% from the end
of 2018. Book-to-bill was 1.7-to-1 for the quarter and 1.2-to-1 for the year.
• Combat Systems reported fourth-quarter revenue of $2 billion, up 13.1% over the year-ago quarter, for
full-year revenue of $7 billion. Operating earnings were $284 million, up 8.8% over the year-ago quarter, for
full-year operating earnings of $996 million. Operating margin was 14.4% for the quarter and 14.2% for the
year.
• Information Technology reported fourth-quarter revenue of $2 billion and $8.4 billion for the year. Operating
earnings were $172 million for the fourth quarter and $628 million for the year. Operating margin was 8.5% for
the quarter, up 40 basis points over the year-ago quarter, and 7.5% for the year. Total backlog was $9.1 billion,
up 14.7% from the end of 2018.
• Mission Systems reported fourth-quarter revenue of $1.3 billion, up 2.5% from the year-ago quarter, for
full-year revenue of $4.9 billion. Operating earnings were $188 million for the quarter, up 3.9% from the
year-ago quarter, and $683 million for the year. Operating margin was 14.7% for the quarter, up 20 basis points
from the year-ago quarter, and 13.8% for the year. Backlog was $5.4 billion.
• Marine Systems reported quarterly revenue of $2.6 billion, up 11.7% from the year-ago quarter, for full-year
revenue of $9.2 billion. Operating earnings were $199 million for the quarter and $785 million for the year.
Operating margin was 7.8% for the quarter and 8.5% for the year.
We continue to improve performance and focus on lines of business that will deliver value for our customers
and sustained superior results for our shareholders,” said Chairman and chief executive officer. Our
fourth-quarter and full-year performance, coupled with strong order intake, leaves us well positioned to
create enduring value.”
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Genpact Reports Full Year and Fourth Quarter 2019 Results
Key Financial Results – Full Year 2019
• Total revenue was $3.52 billion, up 17% year-over-year.
• Net income attributable to Genpact Limited shareholders was $305 million, up 8%
year-over-year, with a corresponding margin of 8.7%.
• Income from operations was $429 million, up 23% year-over-year, with a corresponding
margin of 12.2%. Adjusted income from operations was $559 million, up 18%
• Diluted earnings per share was $1.56, up 8% year-over-year, and adjusted diluted
earnings per share2 was $2.05, up 14% year-over-year.
• New bookings were approximately $3.9 billion, consistent with 2018.4
• Cash generated from operations was $428 million, compared to $340 million in 2018.
Key Financial Results – Fourth Quarter 2019
• Total revenue was $941 million, up 13% year-over-year both on an as reported and
constant currency basis.1
• Net income attributable to Genpact Limited shareholders was $82 million, up 4%
• Income from operations was $120 million, up 8% year-over-year, with a corresponding
margin of 12.7%. Adjusted income from operations was $159 million, up 12%
year-over-year, with a corresponding margin of 16.9%.3
• Diluted earnings per share was $0.42, up 2% year-over-year, and adjusted diluted
earnings per share2 was $0.57, up 10% year-over-year.
"Outstanding execution and continued Transformation Services wins capped off one of
our best revenue growth years ever. This translated into healthy adjusted diluted EPS
and operating cash flow growth for 2019. These metrics were all above the high end of
our expectations," said Genpact's president and CEO. Clients' desire for
transformational change is accelerating, expanding our addressable market and
providing greater opportunities for us to drive profitable long-term growth. We continue
to improve the rigor and agility of our portfolio evaluation process, allowing us to
quickly reallocate investment and talent resources to best penetrate high growth areas."
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HCL Technologies To Enter Sri Lanka In A Strategic Investment
Signing an agreement with the Board of Investment of Sri Lanka, HCL
Technologies, a leader in global technology announced the establishment of
its global delivery center in Colombo. Marking its presence within the
region, HCL aims at boosting employment, providing resources and skilling
the local talent to serve its global clients. Founded in 1976, HCL
Technologies is a next-generation global technology company that helps
enterprises reimagine their businesses for the digital age. A true
multinational, HCL is headquartered in India with significant global presence
across various key industries and sectors. A key part of HCL’s business and
development strategy in Sri Lanka will be to generate local employment and
provide the right skilling programs that will augment the growth of the
knowledge services industry in the island. Collaborating with the BOI of Sri
Lanka, HCL’s local entity – HCL Technologies Lanka (Private) Limited will
implement its Work Integrated Education Program to foster growth by
actively cooperating with local ICT and engineering institutions to develop
and train the island’s talent pool. Through this delivery center in Colombo
global clients will be provided with valuable services in the areas comprising
of Applications & System Integration Services, Infrastructure Services and
Digital Process Operations.
“It is a landmark moment for us as we begin our operations in the beautiful
country of Sri Lanka. We are very happy with the progressive policies this
country has and thus, we are fully prepared and committed to bring in new
opportunities for the local workforce and creating ever-lasting partnerships
within the region. Our valuable partnership with the BOI will help us
showcase the true essence of our culture of ‘Relationship Beyond the
Contract’. By imbibing our ideapreneurship™ culture we will be aiming to
provide best-in-class support to the global clients with the help of local
talent pool.” said Vice President of HCL Technologies.
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Infosys to Acquire Simplus, a Leading Salesforce Consulting and Platinum Partner
Infosys, a global leader in next-generation digital services and consulting,
announced a definitive agreement to acquire Simplus, one of the fastest
growing Salesforce Platinum Partners in the USA and Australia. Simplus is a
recognized leader and advisor in cloud consulting, implementation, data
integration, change management and training services for Salesforce
Quote-to-Cash applications. This acquisition, coupled with the acquisition of
Fluido announced in September 2018, further elevates Infosys’ position as an
end-to-end Salesforce enterprise cloud solutions and services provider,
offering clients unparalleled capabilities for cloud-first digital transformation.
Simplus brings to Infosys globally recognized Salesforce expertise, industry
knowledge, solution assets, deep ecosystem relationships and a broad
clientele, across a variety of industries including high-tech, financial services,
retail, healthcare, life sciences and manufacturing. It has offices across North
America, Sydney, Melbourne, London, and a large delivery center in Manila.
Chief Operating Officer, Infosys, said, "The acquisition reaffirms our
continuous endeavor to strengthen our strategy of scaling our Agile Digital
and cloud-first digital transformation capabilities. This acquisition is key to
staying relevant to the digital priorities of our clients and demonstrates our
commitment to the Salesforce ecosystem. The strategic combination of
scalable and agile global delivery capabilities of Simplus complements our
effort to help global enterprises to transform their businesses. We are
excited to welcome Simplus and its leadership team into the Infosys
family."
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Leidos Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2019 Results
Fourth Quarter Summary Results
• Revenues for the quarter were $2.95 billion, compared to $2.65 billion in the
prior year quarter, reflecting an 11.6% increase.
• Operating income for the quarter was $261 million, compared to $188 million
in the prior year quarter.
• Operating income margin increased to 8.8% from 7.1% in the prior year
quarter.
• Non-GAAP operating margin for the quarter was 10.5%, compared to 9.3% in
the prior year quarter, primarily due to favorable program mix.
• Diluted earnings per share attributable to Leidos common stockholders for the
quarter was $1.26, compared to $1.25 in the prior year quarter.
• Non-GAAP diluted EPS for the fourth quarter was $1.51 compared to $1.10 in
the prior year quarter.
• The weighted average diluted share count for the quarter was 144 million
compared to 150 million in the prior year quarter.
Chairman and Chief Executive Officer, commented: "We delivered strong
fourth quarter results, including record organic revenue growth, increasing
margins and significant year-over-year non-GAAP earnings growth. Our
growth and execution momentum accelerated throughout 2019 and has
continued into 2020 with significant new program wins and the opportunity
to create value from our two recently announced acquisitions. I am confident
that we are growing the company with the right talent, the right capabilities
and the right strategy to continue to drive value for our customers, employees
and shareholders."
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Leidos to acquire L3Harris Technologies’ Security Detection and Automation businesses
Leidos Holdings, Inc., a FORTUNE® 500 science and technology leader,
announced that it has entered into a definitive agreement to acquire L3Harris
Technologies’ Security Detection and Automation businesses, for $1 billion
in cash. The Boards of Directors of both companies unanimously approved
the transaction. L3Harris’ Security Detection and Automation businesses
provide airport and critical infrastructure screening products, automated tray
return systems and other industrial automation products. With headquarters in
Tewksbury, Mass. and Luton, England, the combined businesses have 1,200
employees and a global sales and services operations footprint with more
than 20,000 systems deployed world-wide across more than 100 countries.
The businesses serve customers in the aviation, transportation, government
and critical infrastructure markets. This acquisition adds complementary
products that expand Leidos’ offerings to create a comprehensive security
and detection platform. These products include checkpoint security products
like checkpoint CT scanners, people scanners, comprehensive explosives
trace detectors, checked baggage screeners and automated tray return
systems. The addition of this technology to the Leidos portfolio will enhance
the company’s offerings in a global security product market projected to
grow in excess of the federal budget.
“The acquisition of these businesses will help accelerate our growth and
innovation and enable us to offer the market a comprehensive security
platform, said Leidos Chairman and CEO. The businesses further our
commitment to a diversified revenue stream, by expanding our customer
penetration into 75 additional countries. This transaction is projected to be
immediately accretive to revenue growth, EBITDA margins, and
non-GAAP EPS upon closing.”
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Leidos completes acquisition of Dynetics, expanding company’s portfolio with new offerings
and technical capabilities
Leidos Holdings, Inc., a FORTUNE® 500 science and technology leader,
announced that it has completed the acquisition of Dynetics, Inc., an
industry-leading applied research and national security solutions company,
for approximately $1.65 billion in cash. Dynetics is a leading provider of
high-technology, mission-critical services and solutions to the U.S.
Government, with a proven history of addressing the nation’s most
challenging and technologically advanced missions. This combination of
capabilities enhances Leidos’ competitive position across its Defense,
Intelligence, and Civil Groups, and also accelerates opportunities within the
Leidos Innovations Center, for customer focused research, development, and
rapid prototyping. The transaction is expected to be immediately accretive to
Leidos’ revenue growth, EBITDA margins, and non-GAAP diluted earnings
per share upon closing. Cash consideration of approximately $1.65 billion
was funded through excess cash on hand and $1.25 billion of short-term
borrowing capacity. Leidos is a Fortune 500® information technology,
engineering, and science solutions and services leader working to solve the
world’s toughest challenges in the defense, intelligence, homeland security,
civil, and health markets. The company’s 36,000 employees support vital
missions for government and commercial customers.
“Dynetics and Leidos share a commitment to advancing technology to
address the toughest scientific and engineering challenges of our day. This
combination adds innovative capabilities in our targeted growth areas,
while expanding our secure agile production capabilities, secure agile
manufacturing, and increasing our penetration with key customers, said
Chairman and CEO. We are pleased to welcome an outstanding team of
2,300 employees with a shared culture of innovation and technical
expertise that will benefit our collective customers and drive our continued
success.”
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Unisys Announces Full-Year and 4Q19 Results; Achieves All Guided Metrics
Summary of Full-Year 2019 Business Results
• 2019 revenue grew 4.4% year over year to $2.95 billion versus $2.83 billion in 2018. Non-GAAP adjusted revenue grew 6.1% to $2.93 billion, representing the second-consecutive year of year-over-year non-GAAP adjusted revenue
growth, and the highest annual growth rate since 1998. U.S.
• 2019 operating profit was $238.2 million, versus $284.1 million in 2018. Non-GAAP operating profit was up 7.1% year over year to $262.7 million. adoption of ASC 606 in 1Q18. Total company non-GAAP operating profit margin was
up 10 basis points year over year to 9.0%.
• Net loss for 2019 was $17.2 million versus net income of $75.5 million in 2018. As noted above, $53.0 million of this difference is a result of the operating profit recorded upon adoption of ASC 606 in 1Q18. The 2019 net loss also
reflects a $20.1 million charge related to the convertible note transaction, along with post-retirement expense that was $12.8 million higher year over year, and a $13.0 million charge related to costs to close out the remediation of a site the
company no longer operates.
• Adjusted EBITDA was $422.2 million, roughly flat relative to $422.5 million in 2018. Net income margin was (0.6)%, compared to 2.7% in 2018, with the year-over-year decline due to the flow-through of higher operating profit in 2018
resulting from the revenue recorded upon adoption of ASC 606, higher pension expense in 2019 and the other one-time items highlighted above in connection with net income/(loss). Adjusted EBITDA margin was in line with guidance at
14.4%, versus 15.3% in 2018.
• 2019 cash provided by operations was up $50.0 million year over year to $123.9 million, versus $73.9 million in 2018. Free cash flow was up $79.5 million year over year to $(35.9) million, compared to $(115.4) million in 2018.
Adjusted free cash flow was up $65.0 million year over year to $127.0 million, versus $62.0 million in 2018. At December 31, 2019, the company had $538.8 million in cash and cash equivalents.
Fourth Quarter 2019 Business Result
• Fourth-quarter 2019 revenue was $741.5 million, versus $760.9 million in the prior-year period. Non-GAAP adjusted revenue was $739.3 million, relative to $754.6 million in the prior-year period. In both cases, the year-over-year
decline was due to Technology revenues being more evenly distributed throughout the year in 2019, versus 2018 which saw lower full-year Technology revenue, but a higher concentration of that revenue in the fourth quarter. U.S. Federal
sector revenue grew 23.4% year over year.
• Operating profit margin in the fourth quarter was 5.0%, versus 9.5% in the prior-year period. Non-GAAP operating profit margin was 8.6% in the fourth quarter, relative to 11.9% in the prior-year period. In both cases, the year-over-year
decline was largely due to a more even distribution of Technology revenue throughout 2019 than in 2018, which saw a higher concentration in the fourth quarter.
• Net loss for the fourth quarter 2019 was $10.8 million versus net income of $25.0 million in the prior-year period, driven largely by the impact of Technology noted above. As a result, loss per share was $0.17, compared to earnings per
diluted share of $0.41 in the prior-year period, and non-GAAP earnings per diluted share was $0.60 per share versus $0.97 per share in the prior-year period.
• Adjusted EBITDA was $105.1 million versus $134.5 million in the prior-year period as a result of the timing of Technology revenue as noted above, and net income margin was (1.5) %, compared to 3.3% in the prior-year period.
Adjusted EBITDA margin was 14.2%, versus 17.8% in the prior-year period, with the year-over-year decline also resulting from the timing of Technology revenue.
• Operating cash flow in the fourth quarter was $125.7 million, versus $151.3 million in the prior-year period. Free cash flow was $95.6 million, compared to $103.1 million in the prior-year period. Adjusted free cash flow was up 12.4%
year over year to $139.1 million, versus $123.8 million in the prior-year period.
17

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Accenture Launches Response Service for AXA XL’s Business Customers
Hit by Cyberattacks
18
Solution Description
Accenture now provides its Cyber Incident Response Service to help AXA XL’s clients respond to and recover from cyberattacks. In
the event of an attack, AXA XL clients will now have access to Accenture Security’s global network of cybersecurity expertise and
technology solutions to help resolve cyber incidents. Accenture will provide post-breach security services for AXA XL clients outside
the U.S., including incident management and information technology forensics. AXA XL U.S. clients have the option to choose
Accenture to deliver post-breach services, among a group of other providers. The partnership between Accenture and AXA XL was
originally announced last year. The Cyber Incident Response Service guides affected companies through each stage of a cyber
incident claim, from the initial reporting of the attack to the Accenture Cyber Incident Response team to containing the breach and
restoring the business. Accenture also provides access to legal support, IT forensics and crisis communications advice as well as other
relevant value add services. Research from Accenture shows that businesses overall remain underinsured for cyberattacks, with total
premiums today accounting for less than 1% of the estimated US$600 billion annual cost of cybercrime. Accenture estimates that it
will cost organizations US$5.2 trillion globally over the next five years in additional costs and lost revenue to deal with the
implications of cyberattacks.

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Atos delivers Predictive Technology to Further Growth Trajectory at Goli
Nutrition
19
Atos, a global leader in digital transformation, and Goli Nutrition, an innovator in health and creator of the world’s first apple
cider vinegar gummy, announce that Atos will deliver its Predictive Maintenance-as-a-Service as part of its Codex solutions
and services to improve quality control and increase uptime and capacity for Goli’s automated, high tech manufacturing
equipment and processes to help drive Goli’s success and growth. Goli, the leader in innovative health and wellness’, mission
is to help people find an enjoyable way to reach their health goals. Since launch, Goli has experienced exponential growth,
making their ACV gummies the single largest health product SKU, globally, and the brand is slated for massive retail
expansion in 2020.To help fulfill these goals, Goli has added four new manufacturing lines to its California manufacturing
plant. Atos will provide Predictive Maintenance-as-a-Service by implementing modern data processing and data science
software that leverages compute at the edge to produce predictive insights to maintenance and operations centers. On premise,
Atos’ powerful BullSequana Edge devices will provide real-time data science predictions and data ingestion to anticipate
machine failure, monitor asset behaviour and analyse trends with robust reporting tools.

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Atos facilitates public cloud protection with new CSPM service powered by
Palo Alto Networks
20
Atos, a global leader in digital transformation, launches a new Cloud Security Posture Management service powered by Palo Alto
Networks Prisma™ Cloud technology. With this new multi-cloud managed service, Atos helps customers address the challenges
with public cloud adoption by enabling complete visibility, control and compliance from a single pane of glass.
Atos’ CSPM service includes:
• Prisma Cloud™ by Palo Alto Networks: Prisma Cloud is the most complete cloud security posture management (CSPM) and
cloud workload protection platform. It helps ensure consistent security across multi-cloud and hybrid cloud environments and
simplifies security operations through cross-cloud security visibility. This assists organizations that leverage public cloud
platforms and a rich set of microservices to build and deliver applications rapidly as well as provide visibility and threat detection
for SecOps and DevOps teams across their cloud infrastructure.
• Consulting, configuration and integration services: Helping clients with a global network of cybersecurity and cloud experts to
develop policies in order to prevent common issues related to cloud adoption, the service ensures that a client’s platform is
optimally configured, as the majority of cloud vulnerabilities are due to misconfigurations.
• Operations and response services: Through its global network of security operations centers, Atos supports customers with the
day-to-day administration of their CSPM platform and, in the event of an incident, assists them with security incident response
services.

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Unisys Announces Availability of the New Unisys TrustCheck™ Software-as-a-Service Platform
to Help Organizations Assess and Communicate Cyber Risk in Business Terms
21
Unisys Corporation announced the immediate availability of the new Unisys TrustCheck™ Software-as-a-Service Platform to quickly and easily
assess the potential financial impact of cyber risks. Accurately assessing – and making decisions based on – an organization's cybersecurity risks
can be tough. Part of the challenge involves communicating cybersecurity risks in terms that board members and leadership will understand.
TrustCheck addresses that challenge. TrustCheck is a unique cyber risk management solution offering an innovative and effective method for
evaluating and understanding financial exposure to cyber risk and making effective risk management decisions. The new always-on, SaaS-based
version of TrustCheck provides continuous access to a web-based portal with risk profile results and loss forecasts that are updated automatically
as threats, industry risks and trends change throughout the year. This gives leaders constant visibility into their organizations' risk posture in an
easily understood and effective graphical format, whenever they need it. TrustCheck leverages X-Analytics®, the state-of-the-art cyber risk
financial analytics application trusted by leaders in the global cyber insurance industry to underwrite billions of dollars of cyber risk. As such,
TrustCheck brings the financial rigor trusted by the global insurance industry to enterprise cyber risk management. In addition, TrustCheck's new
"Scenario Lab" module gives clients the ability to run configurable risk scenarios, refine them and compare the risk profile deltas against their
existing baseline profiles. This allows them to assess the highest probable benefit of a myriad of possible risk reduction investments. Scenario Lab
effectively enables the organization to make more informed decisions supported by analytics – decisions in which the highest potential for risk
reduction and financial loss reduction align.

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Unisys Unveils Unisys Stealth® 5.0 Software Extending Protection to Container and Kubernetes
Environments to Secure New Workloads and Enhance Data Center Security
22
Unisys Corporation announced the availability of Unisys Stealth® 5.0, the latest version of its award-winning security software which
now provides protection for data in container and Kubernetes environments, improving data center security and securing new workloads.
Stealth brings clients "always on" security and resilience, stopping even sponsored, sophisticated cyber-attacks in their tracks. And should
an attacker get inside, Stealth prevents data exfiltration so that the breach is a minor hiccup – not a major headline. And because Stealth
can be implemented with no impact on an organization's existing infrastructure, it helps clients avoid the cost and disruption of "rip and
replace" efforts, permitting them to continue to use their current security tools while strengthening their security posture. Containers are
environments in which microservices – functional components of applications used by developers – reside. Docker containers and
Kubernetes – a tool for management of those containers – are quickly becoming the accepted standards to optimize workload deployment
in enterprise. By incorporating Stealth protection into these environments, organizations will be able to implement these technologies in
a way that does not compromise their security or increase their attack surface. Stealth 5.0 – generally available beginning today – can help
enterprises streamline their security by deploying one set of consistent security policies that works across the client's entire digital
infrastructure, including desktops, servers, the cloud, Internet of Things devices and other legacy or modern infrastructure such as
containers, virtual machines and physical servers. As workloads move from traditional environments to containerized deployments, and
from on-premise to the cloud, Stealth accommodates these moves.

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Accenture Federal Services Awarded FedRAMPAuthorization for its Managed
Detection and Response Cyber Capability
23
Accenture Federal Services, a wholly owned subsidiary of Accenture has received FedRAMP authorization for its Managed Detection
and Response cyber capability, a cloud-based, cybersecurity threat monitoring and incident response solution. Delivered as a service by
Accenture Federal Services, MDR enables federal agencies, state and local governments, and providers of critical infrastructure, to
proactively defend against and respond to cyber threats through a highly scalable centralized security operations center, available on a
24x7x365 basis. Agencies of any size can use MDR to protect their infrastructure while meeting Federal Information Security
Management Act compliance requirements. The Federal Risk and Authorization Management Program is a federal government-wide
program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and
services. FedRAMP authorization follows a successful security audit via an accredited third-party assessor. Accenture Federal Services,
a wholly owned subsidiary of Accenture LLP, is a U.S. company with offices in Arlington, Virginia. Accenture’s federal business has
served every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into
breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health organizations.
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Accenture Receives Four Regional SAP® Partner Excellence Awards Based on
Contributions to Strengthen Intelligent Enterprises
24
Accenture recently received four 2020 SAP® Partner Excellence Awards, presented each year to top alliance partners that have made
outstanding regional contributions toward driving companies’ digital transformations.
Accenture earned the following awards this year:
• SAP APJ Award for Partner Excellence 2020 for SAP S/4HANA® Innovation Partners
• SAP APJ Award for Partner Excellence 2020 for ISV Solution Partners
• SAP EMEA Service Partner Excellence Award 2020 for Overall Contribution
• SAP EMEA Service Partner Excellence Award 2020 for SAP S/4HANA
Awards were presented by SAP to top-performing SAP alliance partners in different regions that have made outstanding contributions to
driving companies’ digital transformation. Recipients of this year’s awards have been – in partnership with SAP – helping customers adopt
innovation easily, gain results rapidly, grow sustainably and run more simply with SAP solutions. Nominations for the SAP Partner
Excellence Awards were based on internal SAP sales data. A steering committee composed of regional and global SAP representatives
determined winning partners in each category according to numerous criteria such as sales achievement and performance. Awards were
presented in a variety of categories, including overall sales, innovation, technology, services and solution-specific areas.
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Accenture Named a Leader for Application and Digital Services Across Banking,
Capital Markets and Insurance by Analyst Firm Everest Group
25
Accenture has been named a Leader for application and digital services across all key financial services sectors
including banking, capital markets and insurance in four reports from industry analyst firm Everest Group. Everest
Group analyzed the capabilities of leading application and digital service providers for the banking, capital markets,
property & casualty insurance and life & annuities insurance industries. Service providers are positioned on Everest
Group’s PEAK Matrix®, which measures their vision, capability and market impact. The reports and PEAK Matrix
assessments provide businesses with a framework to measure the relative market impact and capabilities of service
providers around the world. In all four reports, Accenture is positioned as a Leader for Market Impact, which assesses
service providers against criteria such as market adoption, portfolio mix and value to clients; and for Vision &
Capability, which includes measures such as strategy, service scope, innovation & investments, and delivery. In its
Application and Digital Services in Banking – Services PEAK Matrix® Assessment 2020, Everest Group analyzed 27
service providers.
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Accenture Named a Leader for Network Transformation and Managed Services
by Independent Research Firm Everest Group
26
Accenture has been strongly positioned as a Leader in both Market Impact and Vision & Capability in the inaugural
Everest Group PEAK Matrix for Network Transformation and Managed Services 2020. Vision & Capability, according
to Everest Group, measures the ability to deliver services successfully. This is captured through four subdimensions:
vision and strategy; scope of services offered; innovation and investments; and delivery footprint. Market Impact
measures the value created in the market captured through three subdimensions: market adoption; portfolio mix; and
value delivered. Accenture’s highlighted strengths include a wide and flexible services portfolio, innovation-driven
solutions underpinned by analytics and automation, build of contextualized business cases, and positive ROI for network
investments. Accenture was also highly rated in vision and strategy “rearchitecting enterprise networks to drive agility,
improve performance, and aid customers to benefit from cloud innovation.” In addition, Accenture received high scores
for the highly-weighted sub criteria of value delivered and innovation, and investments.
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Accenture Federal Services Named Prime Systems Integrator for U.S. Navy’s Logistics and
IT Transformation Model Based Product Support Program
27
The U.S. Navy has named Accenture the prime systems integrator for its Model Based Product Support program, a
logistics information technology transformation effort designed to increase the Navy’s weapon system uptime and
reduce support costs. Under the 12-month, $11.3 million other transaction agreement, Accenture Federal Services will
help improve Naval Sea Systems Command’s maritime MBPS family of integrated systems, which provide enterprise
product data and readiness analytics services. As part of its work AFS will develop a prototype maintenance and supply
resource optimization model that can dynamically execute maintenance and supply actions on ships and submarines and
meet mission readiness requirements. The prototype solution will provide support both ashore and afloat and will be
cyber-secure and auditable. The Navy requires a next-generation MBPS system with enterprise and field-level capability
to acquire, deploy and sustain weapon systems’ digital twins as well as enable predictive analysis and modeling tools.
Accenture works at the intersection of business and technology to help clients improve their performance and create
sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture
drives innovation to improve the way the world works and lives.
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Accenture Positioned as Leader in Everest Group PEAK Matrix for Cloud Services and
Cloud ERP 2020 Reports
28
Accenture has been positioned as the overall leader in Vision and Capability in Everest Group’s PEAK Matrix for Cloud Services and Cloud
ERP 2020 reports. The PEAK Matrix is a framework for identifying the relative market success and capabilities of service providers. For the
Cloud Services 2020 report, Accenture was the only provider to receive perfect scores across all elements for the Vision and Capability areas.
These areas specifically analyzed criteria including vision and strategy, the scope of services offered, innovation and investments, and delivery
footprint. Accenture has also been named as a Leader in Market Impact, which examines market adoption, portfolio mix, and value delivered.
Accenture’s strengths cited within the Cloud Services 2020 report include:
• Strong partnerships: Creating and supporting industry partnerships with hyperscalers including AWS, Azure, Alibaba and GCP through joint
Go-To-Market business groups that strengthen its cloud offerings
• Industry contextualized solutions: Focusing on the creation of solutions that combine and integrate cloud provider solutions, third party SaaS
solutions and Accenture’s unique industry solutions
• Cloud-led approach: Leading with a transformation-focused cloud approach combining a mix of platforms, architectures and assets backed by
ongoing investments in next-generation solutions
For Accenture’s strengths cited within the Cloud ERP 2020 report, Everest Group highlighted Accenture’s strong IP assets, notably myConcerto
with pre-configured solutions across multiple technologies including Oracle and SAP, quality resources and domain expertise, consistency in
winning partner awards, strong ecosystem, ability to put industry at the core, geographic spread, consulting capabilities, becoming a change
partner, and pricing.
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Accenture Recognized as Product and Platform Engineering Leader by Zinnov
29
Accenture has been positioned as the leading provider of Product and Platform Engineering Services. Enterprise Software
Ratings by Zinnov in the Zinnov Zones 2019: Engineering Research & Development report. In addition, Accenture was
positioned as the leading provider of both Platform Engineering Services and User Experience Engineering Services, ahead of
all competitors. Zinnov, a global research, consulting and advisory company, evaluated Accenture and 49 other global service
providers on their prowess and capabilities in the Engineering R&D segment for 2019. The report analyzed the providers on
multiple factors, including spread and maturity of delivery and services capabilities, scalability, growth rate, innovation and
intellectual property, and ecosystem linkages, as well as customer feedback. The report highlights Accenture’s “strong focus on
platform engineering services,” noting Accenture’s recent acquisition of Fairway Technologies, a premier provider of
engineering services, and focus on innovation as a demonstration of its strength in this area. Accenture is a leading global
professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and
operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions
— underpinned by the world’s largest delivery network.
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Accenture Named Best Enterprise Services Vendor of 2019 by Constellation Research
30
Accenture has been named “Best Enterprise Services Vendor” by Constellation Research, a Silicon Valley-based
technology research and advisory firm. The distinction is part of Constellation Research’s 2019 Enterprise Awards,
which recognize organizations that have made a significant impact on enterprise trends over the past year. The “Best
Enterprise Services Vendor” award is given to the organization that excels most in transforming delivery models and
crafting client-centric approaches for its business. In selecting Accenture for this prestigious accolade, Constellation
Research highlighted the strength of Accenture’s ecosystem partnerships, targeted acquisition strategy, client satisfaction
and overall growth. Accenture was also lauded for its strong executive leadership and talent across its technology
business. Winners of the 2019 Enterprise Awards were selected by Constellation Research’s analyst team. Nominees
were evaluated based on client feedback and milestones achieved in 2019, in the context of the technology trends that
most impacted businesses throughout the year. These included advances in the Internet of Things, 3D printing, 5G
networks, robotics, mixed reality, artificial intelligence and quantum computing, among others.
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Accenture Named Top Healthcare Management Consulting Firm by KLAS Research
31
Accenture has been named the top ranked healthcare management consulting firm by KLAS Research, one of the
industry’s leading research and insights firms. Accenture was named the “Best in KLAS Overall Healthcare
Management Consulting Firm.” The Best in KLAS designation is awarded only in services market segments that have
the broadest operational and clinical impact on healthcare organizations. The Best in KLAS designations are a
recognition of outstanding efforts to help healthcare organizations in their pursuit to deliver quality patient care. In the
healthcare management consulting segment, Accenture secured a KLAS Research ranking of 94.7 out of 100 based on
an industry ranking of eight professional services firms. Accenture earned scores of 90 or above in all evaluation
categories. KLAS is a data-driven company on a mission to improve the world’s healthcare by enabling provider and
payer voices to be heard and counted. Working with thousands of healthcare professionals, KLAS collects insights on
software, services and medical equipment to deliver reports, trending data and statistical overviews. KLAS data is
accurate, honest and impartial. The research directly reflects the voice of healthcare professionals and acts as a catalyst
for improving vendor performance.
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Accenture Receives Two XCelent Industry Awards for Life Insurance Policy
Administration
32
Accenture has received two XCelent awards for its life insurance and annuity platform in a recent report from research
and advisory firm Celent. The XCelent Awards are designed to help financial institutions and technology providers stay
abreast of industry trends by evaluating the shifting vendor marketplace and recognizing top-performing vendors.
Accenture’s life and annuity software are part of Accenture Life Insurance Services. By applying extensive industry
knowledge to continuously enhance its software, Accenture helps insurers reduce operating costs, manage risk and drive
growth through improved product development and distribution, enhanced policy administration and distribution, and
technology platform consolidation and modernization. Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining
unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned
by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients
improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in
more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
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Datamatics wins the Market Research Society of India Golden Key Awards
2019
33
Datamatics Global Services Ltd., a global IT, Consulting, BPM, and Data Management Company, announced that it has
won the Market Research Society of India Golden Key Awards. This award is instituted to celebrate and recognize
research, and researchers across the industry turned out to be a huge success with 168 entries from 32 organizations
across 14 categories. Datamatics won the top prize in the highly competitive ‘Best Business Impact through Analytics’
category. Datamatics won this award for helping a leading international healthcare and insurance provider to develop a
sophisticated rules engine driven by big-data algorithms that would help them to detect fraudulent claims in real-time.
The engine leverages Artificial Intelligence and has auto-learning capabilities, which will help it to learn and improve
continuously. The client was able to reduce the time and significant efforts and increase the accuracy and precision by
more than 10% in the claim adjudication process. The Healthcare and Insurance industry constantly struggles with
numerous frauds. The biggest in this is pertaining to fraudulent claims. Estimates indicate that the frauds cost the annual
industry losses in billions.
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Datamatics won the Rail Analysis India Awards 2020 for Automated Fare Collection
(AFC) Technology
34
Datamatics Global Services Ltd., a global IT & BPM company, announced that it has won the Rail Analysis India
Awards 2020 in Payment Solutions, Fare Collection Systems & Passenger Services category for Automated Fare
Collection Technology. Datamatics TruFare is a highly secure, scalable, reliable, and state-of-the-art Automated Fare
Collection solution built for the digitally savvy urban transport systems like metro rails, automated parking lots, rapid
bus transport system, etc, at Hotel Le Méridien, New Delhi, India. Rail Analysis India Awards 2020 honors the
companies, professionals, and individuals who have demonstrated their creativity, innovative solutions, excellence, and
expertise in the railway and metro sector. They follow a two-step process, including validating, scrutinizing, and
tabulating all the applications followed by voting the shortlisted application by other nominees for each award.
Datamatics is one of the leading players in the AFC space, and over the last 15 years, the company has been
instrumental in successfully executing over 25 marquee projects in tier metropolitan cities across the globe. Datamatics
completed the Lucknow Metro Project in record time including design, supply, installation, and end-to-end testing of the
AFC system.
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Datamatics recognized as a Star Performer in the Everest Group PEAK Matrix® for
Finance and Accounting Digital Capability Platform Solution Providers 2020
35
Datamatics Global Services Ltd., a global IT & BPM company, announced that it has been named as a Star
Performer in the Aspirant category in Everest Group’s PEAK Matrix® Assessment 2020 for Finance and
Accounting service providers landscape based on Digital Capability Platform solutions offered by them. The
report covers F&A service providers based on their digital capabilities to minimize human effort, improve
efficiencies, and drive better outcomes. It also assesses the service providers’ capability to integrate and
implement digital components such as Robotic Process Automation and Analytics collectively for a much higher
impact. Datamatics provides end-to-end F&A services and has more than 20 years of experience with 1200 strong,
dedicated team. It processes more than 12 million invoices per annum with 99.9% accuracy. Datamatics suite of
integrated intelligent products - TruBot, TruAI, TruCap+, and TruBI Solutions enables clients to optimize their
finance and accounting processes.
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EY named market leader in divestitures consulting by ALM Intelligence
36
EY has been recognized as a market leader in divestitures consulting by ALM Intelligence in its 2019 report, The
ALM Vanguard: Transactions – Divestitures Consulting. The report evaluates the overall depth, breadth and client
impact of divestiture services, which include strategy, financial due diligence and project management. The
market leaders, according to the report, combine robust complexity management capabilities with a
well-integrated service offering centred on speed, accuracy and cost efficiency. ALM noted that EY investment in
its dedicated divestitures capabilities, outperformed the rest of the Big Four for the breadth, depth and client
impact of its offering. The report goes on to highlight that the organization’s sustained investment in technology
tools such as, EY Capital Edge and EY Embryonic, has complemented EY teams’ deal process management and
operational strength. EY refers to the global organization, and may refer to one or more, of the member firms of
Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK
company limited by guarantee, does not provide services to clients. Information about how EY collects and uses
personal data and a description of the rights individuals have under data protection legislation is available via
ey.com/privacy.
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HCL Technologies Named Top Employer Across Europe And South Africa
37
HCL Technologies, a leading global technology company, announced that it has been named a Top Employer
2020 in the United Kingdom, Sweden, Germany, the Netherlands, Poland, France and South Africa. As well as
achieving status as a Top Employer in multiple regions for the first time, this is also the fourteenth consecutive
year that HCL has been recognized in the United Kingdom. Organizations certified as Top Employers are selected
for their dedication to providing the very best working environment for employees through their progressive
‘people-first’ HR practices. The Top Employers Institute is the global authority in recognizing excellence in
people practices. Established more than 28 years ago, the Top Employers Institute has certified over 1,600
organizations in 119 countries across five continents. These certified Top Employers positively impact the lives of
nearly 7,000,000 employees globally. HCL successfully met the standards to achieve the certification in seven
different countries after being assessed for its talent strategy, workforce planning, talent acquisition, on–boarding,
learning & development, performance management, leadership development, career & succession management,
compensation & benefits and culture.
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Infosys Receives ISO 27701 Accredited Certification
38
Infosys, a global leader in next-generation digital services and consulting, announced that it has been awarded the
accredited certification on ISO 27701, the international standard on data privacy, by Bureau Veritas Certification.
Infosys is one of the first companies in the world to have earned this certification with accreditation. The ISO
27701 standard provides an overarching framework on Privacy Information Management Systems, to help
companies fine-tune their data privacy practices and keep pace with the changing privacy threat and regulatory
landscape through a rigorous risk and compliance driven approach, while being focused on measurement and
continuous improvement. This is the world’s first International Standard on PIMS and incorporates a mapping
against the requirements of EU GDPR - considered the gold standard in data privacy laws. Being certified to this
global standard demonstrates Infosys’ ability to effectively and consistently deliver solutions and services to
clients in compliance with data privacy regulations and contractual requirements in applicable countries.
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Infosys Positioned as a Leader in Gartner’s Magic Quadrant for IT Services for Communication
Services Providers, Worldwide
39
Infosys, a global leader in next generation digital services and consulting has been named a ‘Leader’ in Gartner’s
Magic Quadrant for IT Services for Communications Service Providers, Worldwide. Infosys was recognized for
its ability to execute and completeness of vision. Gartner defines Leaders as those who are “suited for most
ITS-CSP engagements. They are market- leading in several digital business transformation capabilities.” Gartner’s
report Magic Quadrant for IT Services for Communications Service Providers, worldwide evaluated 13 global
vendors on their ability to execute, along with completeness of vision. For more than two decades, Infosys has
helped over 50 global telcos including cable, mobile virtual network operators, and media and entertainment
companies navigate their transformation journeys. Our deep domain expertise and rich experience has guided
telcos to drive network modernization and service differentiation while repositioning them as digital service
providers. Infosys leads this evolutionary journey by combining dedicated Centers of Excellence, a global partner
ecosystem, and our 5G Living Labs to incubate new services, introduce innovative business models, and deploy
advanced technologies such as edge computing and network slicing.
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Leidos named one of the World’s Most Ethical Companies by the Ethisphere Institute for third
consecutive year
40
Leidos, a FORTUNE® 500 science and technology leader, announced that it has been named as one of the World’s
Most Ethical Companies® by the Ethisphere Institute for the third consecutive year. The annual designation
recognizes companies who influence and drive positive change in the business community and societies around the
world. Ethisphere is the global leader in defining and advancing the standards of ethical business practices. This year,
132 honorees were recognized spanning 21 countries and 51 industries. Grounded in Ethisphere’s proprietary Ethics
Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture,
environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a
strong value chain. The process serves as an operating framework to capture and codify the leading practices of
organizations across industries and around the globe. All companies that participated in the assessment process
received an Analytical Scorecard providing them a holistic assessment of where their programs stand against the
demanding standards of leading companies. Leidos is a Fortune 500® information technology, engineering, and
science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence,
homeland security, civil, and health markets.
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QuEST Global Strengthens its Leadership Position in ‘Zinnov Zones – Engineering
R&D Services 2019’
41
Zinnov has recognized the leadership capabilities of QuEST Global in enterprise software, automotive, consumer electronics,
transportation, aerospace, energy & utilities and medical devices industries. The company has gained presence in design and simulation
engineering and platform engineering where Zinnov has placed QuEST Global in the expansive and established zone. Zinnov has also
placed the company in the execution zone for industrial automation and semiconductor sectors. QuEST Global has been working with
the world’s most recognized companies across diverse verticals helping them address the growing demand of providing connected
engineering experience to the end customers. Over the past two decades, the company has been helping its customers to identify
problems, proactively create innovative solutions and make products safer and more reliable in today’s digital age. Zinnov was founded
in 2002 and is headquartered in Bangalore, with presence in Gurgaon, Silicon Valley, and Houston. Since its inception, Zinnov has built
in-depth expertise in Product Engineering and Digital Transformation.
They assist their clients by:
• Research and strategy consulting for software service providers in the areas of Product Engineering and Digital Transformation;
• Enabling companies to develop and optimize a global engineering partner strategy to achieve higher throughput, innovation,
productivity, and cost savings;
• Growing revenue for company’s products and services in India and other emerging markets;
• Helping MNC GICs to consolidate their geographic footprint.
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Zensar Recognized as a Leader in the ISG Provider Lens™ ‘Digital Workplace of the
Future’ Report
42
Zensar, a leading digital solutions and technology services company that specializes in partnering with organizations
across industries on their digital transformation journey, announced that is has been featured as a Leader in the ISG
Provider Lens™ ‘Digital Workplace of the Future’ Report. Zensar has been recognized for its capability in Managed
Services. Workplace Support. This research report compares providers’ strengths, challenges and competitive
differentiators for their digital workplace offerings and capabilities. This report focuses on the workplace
transformation initiatives across leading U.S. enterprises. The report defines the digital workplace of the future as the
technology ecosystem that enables employees in an enterprise to securely access their work profiles, data and
applications anytime, anywhere and on any device or platform. This report identifies key trends and global providers
in digital workplace driven by users’ preference to use technology of their own choice and by the increased relevance
of emerging technologies and diverse possibilities they bring. Zensar’s managed workplace solution embraces a
“User First” workplace strategy to help enterprises transform from a traditional workplace, to a modern workplace
model with alignment to users, IT and business - all three critical dimensions of an enterprise.
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Zensar Recognized in ISG Provider Lens™ Digital Business Solutions and Service
Partners U.S. 2019-20
43
Zensar, a leading digital solutions and technology services company that specializes in partnering with organizations
across industries on their digital transformation journey, announced that is has been featured as a Leader in the ISG
Provider Lens™ Digital Business Solutions and Service Partners U.S. 2019-20. Zensar has been recognized as a
Rising Star USA for Digital Product Services Lifecycle Services-Midmarket and Blockchain Services-Emergent
Providers. This report focuses on assessment of 39 global service providers for the US quadrant across multiple
service lines. The report includes a study of these companies across various parameters in the customer journey and
experience. U.S. is at the forefront of customer journey enhancement capabilities with a global impact across various
regions. The report highlights digital product lifecycle services from providers that offer digital product lifecycle
services such as ideation, creation, and continuous delivery of updates that improve functionality and performance.
The blockchain emergent provider’s quadrant assesses a service provider’s competence in consulting, designing,
deploying and operating blockchain. IT service companies that have extended their application portfolio to include
pragmatic uses of blockchain technologies are included in this quadrant.
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UST Global Bags Award for Best Innovation in Employee Engagement
44
UST Global, a leading digital transformation solutions company, has been recognized with the ‘Best Innovation in Employee
Engagement’ award at the Employee Engagement Summit 2020 by UBS Forums. The accolade recognized the uniqueness of the
UST Global’s employee engagement program named COLORS and highlighted the global impact it has made to its employees, the
company and the society. The award by UBS is another feather in the cap of UST Global, known for its commitment to employee
experience, happy workplace, and work satisfaction. UST Global has been making strides in this realm in recent times and has
already been recognized by Great Place to WorkTM, the world’s foremost authority on workplace culture, in India, UK, and US.
The company has also got into the top 100 list for Best Companies for Women and Most Inclusive Companies Index by Working
Mother & Avtar100, last year. UST Global was also honored with a Glassdoor Employees' Choice Award, for being one of the Top
100 Best Places to Work in 2020. The award-winning COLORS of UST Global is the coming together of USsociates to achieve the
company’s corporate goals by means of participative management and employee empowerment. COLORS framework connects
USsociates across all global locations with a sense of purpose and belonging. This decade and a half old, homebrewed and
non-hierarchical framework provides ample opportunities for the company’s employees to use their time to develop and involve
themselves in activities and innovations that help impact humanity and society.
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Cognizant Named a Top Employer 2020 in 15 Countries Worldwide
45
Cognizant has been named a Top Employer 2020 in 15 countries worldwide by Top Employers Institute. The Institute
recognizes leading organizations that continuously optimize workplace practices to develop and nurture talent while
providing an outstanding work environment. In Europe, Cognizant was recognized for a sixth consecutive year,
receiving certification in 10 countries: Belgium, France, Germany, Lithuania, the Netherlands, Norway, Spain, Sweden,
Switzerland, and the United Kingdom. In Lithuania, Cognizant ranked as the No. 1 employer, and in Belgium and the
Netherlands, among the top 10. Cognizant was also named a Top Employer in Australia, Brazil and Singapore, and
appeared in the rankings for the first time in China and the United Arab Emirates. In Singapore, Cognizant is one of the
top three employers, according to the Institute. In all of the countries, Cognizant rated highly for its clearly defined,
well-managed programs in the Top Employers Institute's categories of Talent Strategy, Workforce Planning, and Career
and Succession Management. Cognizant also excelled in Leadership Development, Performance Management,
Onboarding, and Learning and Development, ensuring its employees have clear roles, defined career paths and
opportunities to learn and advance within the organization.
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Atos supports OneWeb in successful launch of 34 new satellites
46
Atos, a global leader in digital transformation, announces that it has supported OneWeb and its mega-constellation program in the
successful launch of 34 satellites which was conducted on February 6 from Baikonur, Kazakhstan. Atos contributed to this success by
providing to OneWeb Satellites the testing equipment with revolutionary technologies that have drastically reduced the environmental
footprint of the process – and received an award from OneWeb Satellites for the Payload Test Systems and Tele Command Ranging
solutions. Atos was named “Best Ground Support Equipment supplier” by OneWeb Satellites in recognition of its technical and
commercial capabilities and the quality of its solutions and customer support. The award was presented at the OneWeb Satellites Global
Partnership Summit 2020. Atos’ ProUST univerSAS suite is composed of Power and RF special check-out equipment for electrical
ground support equipment which enables satellites to be tested prior to launch – to prevent or fix any issues and make sure
requirements are met, thus reducing the strategic and financial impact of faulty components. Based on a breakthrough full-digital
design, ProUST univerSAS improves work quality and optimizes the power and energy density of satellite power testing. This
illustrates Atos’ commitment towards an energy-conscious future and paves the way for future environmental-friendly developments.
The solution was developed by Atos in Austria with Austrian national co-funding via the European Space Agency.
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U.S. Marine Corps Orders More Amphibious Combat Vehicles from BAE
Systems
47
BAE Systems has received a $113.5 million contract from the U.S. Marine Corps for an additional 26 Amphibious Combat Vehicles
under the Low-Rate Initial Production phase of the program. This award brings the total vehicle orders for the ACV to 116, and moves
the program closer to full-rate production. The ACV is a highly mobile, survivable and adaptable platform for conducting rapid
ship-to-shore operations and brings enhanced combat power to the battlefield. BAE Systems has been in low-rate production since
2018 on the personnel carrier variant in the ACV family, which is envisioned to consist of additional variants including command and
control, 30mm medium caliber turret, and recovery versions. The BAE Systems team and the U.S. Marine Corps have been making
significant strides to reach full-rate production, including the successful completion of Logistics Demonstration as a critical enabler for
the program to move into Initial Operational Test and Evaluation with trained U.S. Marine maintainers. This and other major
milestones such as operator training and additional testing will take place before full-rate production. The Marine Corps selected BAE
Systems along with teammate Iveco Defense Vehicles for the ACV program to replace its legacy fleet of Assault Amphibious Vehicles,
which have been in service for decades and were also built by BAE Systems.
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BAE Systems Wins Two Awards to Support the U.S. Navy with Enhanced
Radio Communications & C5ISR Capabilities
48
The U.S. Navy’s Naval Air Warfare Center Aircraft Division has awarded BAE Systems, Inc. a prime position on a $212 million
contract to integrate and sustain its critical communication systems. The company will design, acquire, integrate, and test radio systems
for newly constructed Guided Missile Destroyers and other U.S. Navy and U.S. Coast Guard ships. Additionally, the company was
awarded a separate $104.7 million contract by NAWCAD to provide engineering and technical services to support production,
lifetime-support, and in-service engineering for the radio communications C5ISR (command, control, communications, computers,
combat systems, intelligence, surveillance and reconnaissance) systems aboard U.S. Navy surface combatants and at associated shore
sites. The work will be focused primarily on the CG 47 Class and DDG 51 Class AEGIS ships. BAE Systems has been a trusted partner
to the U.S. Navy for over 45 years, with decades of experience working to develop next-generation solutions for critical shipboard
systems. The company’s electronics experts have experience providing custom, tailor-made solutions to help close communications
capability gaps for the U.S. military, including existing work with U.S. Navy C5ISR capability modernization. BAE Systems delivers a
broad range of services and solutions enabling militaries and governments to successfully carry out their respective missions. The
company provides large-scale systems engineering, integration, and sustainment services across air, land, sea, space, and cyber
domains.
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DARPA selects BAE Systems to build powerful next-generation advanced electronics
49
BAE Systems to Build Powerful Next-Generation Advanced Electronics under DARPA's Technologies for Mixed mode Ultra Scaled
Integrated Circuits program. BAE Systems was awarded a contract from the Defense Advanced Research Projects Agency to develop
the next generation of mixed-signal electronics that could enable new Department of Defense applications including high capacity,
robust communications, radars, and precision sensors, and lead to solutions that enhance situational awareness and survivability for the
warfighter. Recognizing that the DoD has performance demands that far exceed the capabilities of the commercial world in terms of
speed, fidelity, capacity, and precision, DARPA created the Technologies for Mixed mode Ultra Scaled Integrated Circuits program to
enable disruptive radio frequency mixed-mode technologies by developing high performance RF analog electronics integrated with
advanced digital electronics on the same wafer. The next-generation capabilities that could be made possible with this program include
a combination of wide spectral coverage, high resolution, large dynamic range, and high information processing bandwidth. These
capabilities, which can cut through the electronic signal clutter, provide leap-forward performance that is mission critical as services
rely on electronic sensors in highly congested environments. The new developments could be integrated into electronic warfare,
communications, precision munitions, and intelligence, surveillance and reconnaissance platforms.
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Network Rail Selects Cognizant to Help Make Britain's Railways Safer, More Efficient
with Data-Driven Operations
50
Cognizant has been selected by Network Rail, Britain’s principal rail infrastructure owner, to lead a new consortium tasked
with delivering data-driven operations as part of a comprehensive Intelligent Infrastructure transformation program. Cognizant,
in partnership with rail specialists Amey Consulting and Arup, has been awarded a five-year contract to design, build and
operate digital capabilities based on artificial intelligence, internet of things, data analytics, and mobility technologies that will
help improve Network Rail's asset management and overall performance. Cognizant will lead the consortium in developing and
applying enhanced data collection and analytics to Network Rail's more than 12,000 connected assets, such as track circuits,
signal power supplies, and switches. The new capabilities will equip Network Rail with real-time condition monitoring and
data-driven insights, aided by artificial intelligence, to improve decision-making and asset management. Network Rail expects
to lower costs and enhance safety by predicting and preventing maintenance issues, prioritizing work streams and minimizing
the time rail workers spend on the tracks. Passengers and freight customers are expected to experience fewer travel
disruptions.
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NOAAAwards General Dynamics High-Performance Computing Contract
51
General Dynamics Information Technology announced it was awarded a new $505 million contract by the National Oceanic
and Atmospheric Administration’s National Weather Service to provide supercomputing resources as-a-service through
NOAA’s Weather and Climate Operational Supercomputing System contract. The systems will be designed, deployed and
managed by GDIT and used to perform intense modeling of weather and climate patterns for use in generating forecast
products supporting the National Weather Service. The single-award indefinite delivery, indefinite quantity blanket purchase
agreement holds a total estimated value of $505 million. It includes a base period of eight years with one two-year option.
Through this contract, GDIT will receive task orders related to high-performance computing deliverables, including an initial
task order of $150 million. Through this contract, GDIT will deploy two HPC systems at two sites on separate electrical power
grids to support the numerical weather prediction suite of models used in national weather forecasting. The contract will
provide two equal computing systems with one serving as the operational system and the other primarily used for development
when serving as the backup. This will ensure operational readiness in the event that one system goes down, enabling the
immediate transition of operations from one site to the other within minutes.
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Leidos to provide Technical Support Services for the CDC’s Center for Preparedness and
Response
52
Leidos, a FORTUNE® 500 science and technology leader, has been awarded a follow-on prime contract by the Centers for
Disease Control and Prevention to provide technical support services for the Center for Preparedness and Response under a
Blanket Purchase Agreement. The multiple-award, indefinite delivery/indefinite quantity, firm-fixed-price, time and materials
contract has a five-year base period of performance and a total potential value of $100 million. Work will be performed
primarily in Atlanta, Ga. The Center for Preparedness and Response has primary oversight and responsibility for all programs
that comprise CDC's public health preparedness and response portfolio. Through an all-hazards approach to preparedness,
focusing on threats from natural, biological, chemical, nuclear, and radiological events, CPR helps the nation prepare for and
respond to urgent threats to the public's health. Under the contract, Leidos will provide support to a broad range of professional
services supporting CPR including public health management; administrative, financial, and technical assistance; health
communication; scientific and medical consulting; and project management. Leidos will leverage its reliable mission critical
operational and emergency response services to enhance the overall coordination, oversight, and accountability of emergency
response activities throughout the CDC.
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U.S. Navy awards Leidos Next Generation Enterprise Network contract
53
Leidos, a FORTUNE® 500 science and technology leader, has been awarded a prime contract by the Naval Information
Warfare Systems Command, formerly known as the Space and Naval Warfare Systems Command, to provide global network
services under the Next Generation Enterprise Network Re-compete Service Management, Integration, & Transport contract.
The single award, indefinite delivery/indefinite quantity, firm-fixed-price and cost-plus-fixed-fee contract has a five-year base
period of performance followed by three one-year option periods, and an approximate value of $7.7 billion. Work will be
performed on a global scale, headquartered out of the Washington D.C. metropolitan area. Under the contract, Leidos will
unify, operate, and maintain the shore-based networks and data management for the Department of the Navy’s Program
Executive Office, Enterprise Information Systems and the Naval Enterprise Network Program Office to improve capability and
service under one enterprise network construct. Key services to be provided include transport services, network operations, IT
service management, user support services, and system engineering. Leidos is a Fortune 500® information technology,
engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defence,
intelligence, homeland security, civil, and health markets.
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Leidos awarded contract to provide NORAD and USNORTHCOM network operations &
maintenance services
54
Leidos, a FORTUNE® 500 science and technology leader, has been awarded a prime contract by the General Services
Administration in support of the North American Aerospace Défense Command and the U.S. Northern Command to provide
network operations and general IT maintenance services to the command’s systems directorate. The single award, hybrid
firm-fixed price time and material contract has a one-year base period of performance followed by four one-year option periods
and a final six-month option period, at an approximate value of more than $75 million, if all options are exercised. Work will be
performed at Peterson Air Force Base in Colorado Springs, Colo., the Pentagon in Washington D.C., and the U.S. Embassy in
Mexico City. Under the contract, Leidos will help ensure secure, reliable, and uninterrupted availability of the command’s IP
networks and associated capabilities. Key services to be provided include information transport, network distribution and
monitoring, computing services, application services, technical management, and cybersecurity. Additionally, Leidos will
support the Combatant Command Mission Service category with service desk and technical management functions. Leidos is a
Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world’s
toughest challenges in the defence, intelligence, homeland security, civil, and health markets. The company’s 36,000 employees
support vital missions for government and commercial customers.
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