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Unisys Launches FamilyNow for Aiding Social Service Agencies

Zacks Equity Research

Premium information technology services company, Unisys Corporation UIS recently launched FamilyNow, a next-generation, comprehensive, case management software solution that would assist public social service agencies in protecting children at risk.

Over the last one year, shares of this Zacks Rank #3 (Hold) stock yielded a return of 46.06%, outperforming 15.92% growth recorded by the Zacks categorized Computers - IT Services industry.

The company tries to provide higher values to its customers by providing premium quality software-as-a-service and cloud-based delivery models.

Inside Story

Unisys Corporation’s new FamilyNow software would aid social service providing agencies utilize state-of-the-art technologies to manage caseloads. The software would help case workers take appropriate actions and recover the issues faced by families in need. These modules relate to domains like intake, financial management, provider management and administration, eligibility, case management and investigation. Apart from adult and child protective services, the software will also support juvenile justice and community mental health programs.  

In the contemporary era, social service workers find it challenging to address the needs of seniors and children, as the scale and complexity of these issues are increasing over time. The social service workers would likely resolve these challenges to some extent on the back of the new solution.

Stocks to Consider

Some better-ranked stocks in the industry are listed below:

Applied Optoelectronics, Inc. AAOI, which sports a Zacks Rank #1 (Strong Buy) at present, pulled off an impressive average positive earnings surprise of 118.33%, over the last four quarters. You can see  the complete list of today’s Zacks #1 Rank stocks here.

Agilent Technologies, Inc. A delivered a positive average earnings surprise of 11.68% for the trailing four quarters and currently carries a Zacks Rank #2 (Buy).

Axcelis Technologies, Inc. ACLS, which also holds a Zacks Rank #2 at present, generated an outstanding average positive earnings surprise of 135.78%, over the past four quarters.

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