European consultancy and services
firm Atos Origin’s positive second quarter reflects increased demand for
outsourced services in an uncertain economy.
Atos appears to have avoided any significant fallout from the global credit
crunch, partly by focusing on government, healthcare and transport contracts. It
is also the main IT supplier to the
2008
Olympic Games in Beijing.
The ability to preach the value of cost-saving outsourcing services is
another reason for its success, according to Phil Codling, principal analyst at
research firm Ovum.
“Atos Origin’s results provide yet more evidence that much of IT services is
weathering the economic storm rather well,” he said in a research note. “Its
growth in managed operations and systems integration confirms that outsourcing
in Europe is relatively buoyant.”
Other global consulting, systems integration and outsourcing companies have
reported similar gains recently.
June saw rival Accenture report its
highest ever quarterly outsourcing and consulting revenue, with new bookings up
20 per cent to $6.1bn (£3.1bn) compared with the same period in the previous
year.
CSC’s revenue for the fourth quarter ending
28 March was equally healthy, up 11 per cent year on year, with record annual
revenue of $16.5bn (£8.3bn) up by the same margin.
Unisys, which has many customers in the
financial services industry, did not fare as well, reporting flat revenues and a
net loss of $14m (£7.1m) for its last financial quarter. However, services
orders were up three per cent year on year.
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