Unisys has published a preliminary report: the demand for cyber defense is growing
Technology company Unisys Corporation (UIS), which develops software for data protection and high-performance corporate computing, has published a preliminary report for the fourth quarter and the whole of 2021. The company expects to increase sales in the future as demand for corporate cyber protection grows. Based on the results of the entire 2021, Unisys estimates revenue growth of 1.4% year-on-year.
Growth slowed because Unisys has reformatted its portfolio of solutions, sale of assets in 2020, and the closure of some contracts at the end of last year. As a result, Unisys sales in the digital workplace solutions segment decreased by 3.6% to $567 million last year.
At the same time, sales of cloud and infrastructure solutions increased by 6.7% to $496.5 million. In addition, corporate software sales increased by 2.7% to $677.5 million.
A detailed report will be published later. Overall, Unisy’s results are in line with expectations. The company is at the stage of business renewal and has recently made several acquisitions. In June 2021, Unisys acquired the Unify Square business, which provides services for organizing secure collaboration and communications. In November 2021, Unisys bought Unified Endpoint Management (UEM) specialist Mobinergy with an addressable market of about $3.4 billion.
A month later, CompuGain, which specializes in cloud applications and is a partner of Amazon Web Services, was bought for $87.3 million. CompuGain’s most valuable asset is 400 engineers and experienced IT product developers. Unisys is counting on the future relevance of its emerging portfolio. The company plans to create a larger ecosystem of corporate IT solutions. Currently, Unisys has 13 data centers for sharing and a team of more than 2,300 specialists.
