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 $716 in 2008.
| Electronic Data Systems | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2008 | 22,135 | 716 | 115 |
| 2007 | 21,337 | 470 | 111 |
| 2006 | 20,537 | 150 | 108 |
* US$ Million
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Address
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Electronic Data Systems
5400 Legacy Dr
Plano
TX
75024
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Electronic Data Systems
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Contact Details
- Phone: 800-566-9337
- Fax: 972-605-6033
- Website: www.eds.com
- Stock Symbol: EDS
Electronic Data Systems is not ranked in this year's Fortune 500