Paula Musich

IBM dramatically altered the IT services landscape last week with its $3.5 billion buyout of PricewaterhouseCoopers PwC Consulting business. The deal joins PwCs vertical industry, business application integration and management consulting experience with IBM Global Services broad IT outsourcing and consulting expertise. While the agreement puts IBM in a powerful position among the elite service […]

IT services provider Computer Sciences Corp. today reported a 2 percent rise in revenue for its first fiscal quarter of 2003 in reaching $2.76 billion compared with the same quarter last year. Net income for the quarter reached $79 million, compared with $47.7 million in the year-ago quarter. Earnings per share were up 64 percent […]

Cable & Wireless plc. on Monday announced an expansion of its business continuity and recovery services delivered through its Exodus Web hosting data centers. Exodus, which Cable & Wireless purchased last year, and a team of about 60 professional services consultants are formalizing the Santa Clara, Calif., companys business recovery services around cold, warm and […]

Predicting a consolidation of security management and network management functions within IT, Response Networks Inc. and OpenService Inc. on Tuesday announced that they have merged. The two privately held firms, which would not put a value on their merger deal, had already begun integration of their respective products under a strategic partnership they struck earlier […]

IBM in a bold stroke Tuesday announced its acquiring PwC Consulting, in a cash-and-stock deal valued at about $3.5 billion. The deal to acquire PricewaterhouseCoopers business and technology consulting practice will give IBM a big boost in vertical industry expertise as well as in major business applications consulting and implementation services around Enterprise Resource Planning, […]

In a study released last week, The Conference Board Inc. found that human resources outsourcing is big and growing. Possibly the next big wave of business process outsourcing, HR outsourcing activities are carried out at two-thirds of the large companies that took part in the survey. Although the motivation cited for outsourcing HR functions included […]

Electronic Data Systems Corp. cut through the gloom with positive earnings results last week. But the services companys rosy figures were muted a bit by the ongoing WorldCom Inc. crisis. EDS, a major WorldCom partner, reported second-quarter net income of $316 million on revenues of $5.5 billion. Revenues were up 8 percent over last years […]

In the trend toward partnering with best-of-breed technology providers, a pair of IT consulting firms chose this week to align themselves with two vendors in the promising SAN management and service-level management spaces. RJ Technology Solutions yesterday said that it has signed on to InfoVistas newly created partner program to provide implementation services built around […]

Despite declining revenue compared with last year, BMC Software Inc. posted a net income increase of $5.2 million for its first fiscal quarter of 2003, compared with a net loss of $34.5 million in the same quarter a year ago. The Houston-based management software provider posted revenues of $305.2 million in the quarter ended June […]

EDS managed in its second quarter to come out 14 cents a share and $67 million ahead of the same quarter last year, despite a write-down of $101 million in anticipation of the hit it expects to take from its WorldCom partnership. EDS in the second quarter reported a net income of $316 million and […]

Messaging ASP Mi8 Corp. on Tuesday added MSP to its business description when it announced its new customer-premises based remote management offering. The New York messaging hoster added the option of installing a standardized configuration of Microsoft Exchange servers and supporting technologies at the customer site and of providing remote management of the installation from […]

IBM Global Services hopes to set itself apart from the likes of McKinsey & Co. and similar companies by creating a “virtuous circle” that links IBMs technology research with its services offerings. This combination of technology innovation and business innovation is most visible at IGS new Institute for Business Value—built from resources acquired last year […]