Worldwide information technology company Unisys Corporation (UIS) recently announced the selection of Ted Davies, president of Unisys Federal Systems, as the executive vice chair person of the American Council for Technology-Industry Advisory Council (ACT-IAC).
ACT- IAC is a partnership forum where government and industry exchange information and collaborate on technology issues. ACT-IAC will seek to enhance the strategic value by focusing on issues that link IT to mission performance, increase the effectiveness and use of IT and encourage innovation. Davies has already been involved with ACT-IAC for more than 10 years and further aims to promote activities to help government IT leaders address critical challenges.
During his tenure as the president, Davies helped Unisys in targeted growth markets of data center transformation and outsourcing; end user outsourcing, support; application modernization and security. Davies has extensive international management experience and is extremely active in the federal community. Going forward, Davies aims to broaden participation in ACT- IAC and include more government and industry professionals in acquisition, finance and human resources to address the ongoing challenges and take necessary actions.
Based in Blue Bell, PA, Unisys specializes in helping clients to secure their operations, increase efficiency and utilize their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. The primary markets that Unisys serves worldwide include financial services, communication and transportation, commercial and public sector, including the U.S. federal government.
Unisys currently has a Zacks Rank #5 (Strong Sell). Other stocks that look promising and are worth a look include Barracuda Networks, Inc. (CUDA), EPAM Systems, Inc (EPAM), and Kofax Limited. (KFX), each carrying a Zacks Rank #2 (Buy).