Electronic Data Systems

Industry: Computer Services

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.

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.

Electronic Data Systems's rank changes

The company's ranking in 2008 was a decline from 2007 when it was ranked 111th on the Fortune 500. The Previous ranking was based on its 2007 revenue of $21,337 million (a change of 1 million compared to 2008) and profits of $470 million (a change of 246 million compared to 2008).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Electronic Data Systems would be ranked 242nd rather than 115th due to its profits of $716 in 2008.

Electronic Data Systems Revenue* Profit* Fortune Ranking

* US$ Million

Electronic Data Systems is not ranked in this year's Fortune 500

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