Information technology (IT) systems consulting company, Computer Science Corporation (CSC) has strengthened its position in the cloud cybersecurity service market by expanding its portfolio. The expanded offerings include cloud-based solutions, which will provide users a secure and flexible network. With computing going mobile and moving to the cloud, the security needs of corporate networks are also changing. CSC solutions are designed to address these evolving needs.
The CSC Cybersecurity suite provides three enriched offerings including Cloud Managed Vulnerability Assessments (:CVMA), Cloud Security Incident and Event Monitoring (:CSIEM) and Cloud Endpoint Protection (CEP). These solutions can manage and protect against malware attacks and at the same time connect public and private clouds securely.
The company’s cybersecurity suite helps organizations to assess the level of vulnerabilities, detect threats and mitigate intellectual property theft. It provides security solutions to large multinational firms and organizations to evaluate their exposure to diverse threats. These cloud-based solutions will help to solve enterprise complexities and make the cloud-computing environment more secure, simple, flexible and efficient.
Additionally, this complete range of cybersecurity services can be deployed quickly and efficiently, and can also be scaled up to suit the requirements of the various agencies adopting the service. We believe that the expansion will enhance CSC’s existing portfolio of cyber security products.
Due to the rapid adoption of cloud computing technologies, security and data protection have become the top priorities for enterprises in recent times. According to McKinsey and the World Economic Forum, companies are concerned about security loopholes amid growing cyber-attacks. We believe that CSC’s Cloud Cybersecurity Services will help the company to extend on-premise and cloud-based security services to its customers.
Moreover, this suite of services will ward off difficulties involved in setting up a virtualized cloud-based infrastructure. This in turn will help CSC to expand its existing networking-based infrastructure, thereby paving the way for strong revenue growth.
It is noteworthy that CSC is adopting a cloud-based model and re-engaging the salesforce in a more efficient way. We believe that its expanded cybersecurity suite will meet growing business needs. Considering the increased focus on privacy and security, the introduction may lead to rapid adoption and significant revenue generation.
Additionally, the company’s traction in the cloud and partnerships with HCL, AT&T (T), VMware (VMW) and Microsoft (MSFT) are expected to drive growth, going forward.
However, the market is becoming competitive with companies like CACI International Inc. and Accenture making their presence felt. Delay in the government’s order renewal process and constricted federal spending are the near-term headwinds for the company.
Currently, Computer Sciences holds a Zacks Rank #3 (Hold).
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