Electronic Data Systems
Industry: Computer Services

Electronic Data Systems EDS, the leading global services company, provides strategy,implementation and hosting for clients managing the business and technology complexities of the digital economy.EDS brings together the world's best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers' trust and continuously seek improvement

Business Summary
Electronic Data Systems Corporation (EDS) is a global technology services company that primarily provides information technology (IT) and business process outsourcing (BPO) services to various corporate and government clients. The Company's core service offerings include a range of infrastructure services, such as hosting, workplace (desktop) services, managed storage services and mobile information protection, security and privacy, and communication services; application services, including applications development, application management, enterprise application services and industry-specific solutions, and BPO solutions to help clients achieve economies of scale by leveraging a shared-services operating model. In addition to its IT and BPO operations, the Company owns A.T. Kearney, a high-value management consultancy. A.T. Kearney operates as a separate subsidiary of EDS.

Financial Summary
EDS is a professional services firm that offers services within the categories of IT outsourcing, business process outsourcing, solutions consulting, mgmt consulting & product lifecycle software. For the 6 months ended 6/30/05, revenues fell 3% to $10.14B. Net income from cont. ops. totaled $21M vs. a loss of $170M. Revenues reflect the decrease in state government contracts. Earnings benefited from higher interest and other income.