 Who is CSC? |
Computer Sciences Corporation (CSC), one of the worlds's leading consulting and IT services firms, helps clients in industry and government achieve strategic and operational results through the use of technology.
CSC combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of global corporations and organisations.
It is headquartered in El Segundo, California, USA.
CSC had revenues of $11.1 billion for the 12 months ended September 28, 2001 and belong to Top tier business and information technology services company
With some 68,000 employees in locations world-wide has a huge global resources available locally.
Having 5 year growth rate - 23% grows ahead of the market
| Vision for Europe |
CSC will become a recognised brand,
Revenue to represent 40% of CSC total revenues,
We will be in the top 5 IT provider in every Western European country,
We will have significant presence in Eastern Europe,
Expand upon our vertical delivery units
| CSC in the Slovak Republic |
CSC entered the Slovak market acquiring a Swiss company GfAI in 1997. However, it has supported its clients in the area of banking and insurance industry there even before.
The business activities of CSC Computer Sciences s.r.o. (for CSC Slovakia), 100% daughter company of CSC Corporation, are focused on the financial sector, public sector and industry.
CSC Slovakia's ambition is to move solutions based on worlds "best practices" from the most developed business environments to Slovakia. To ensure high quality CSC Slovakia combines the corporate sources with local potential of professionals.
CSC Slovakia would like to assist at economic transition process of countries accessing the EU, to help in creation of business environment transparency and to support foreign investors.
CSC Slovakia supplies with solutions Vseobecna uverova banka (General Credit Bank). The bank has already been privatized by Italian IntesaBci (Banco Commerciale Italiano) became the new owner with more than 98% share. The company also provides services for his world-wide partner ALLIANZ. After overtaking the Slovak Insurance Company Allianz become the leader of Slovak insurance market with more than 50% of market share. CSC Slovakia intention is to develop activities also in other part of industry helping new investors to achieve their business objectives.
Currently CSC Slovakia employs about 40 people cooperating with other subsidiaries. His present business results demonstrate continuation of growing trends in terms of revenues, profit and number of employees.
Data on turnover and number of employees of CSC Corporation
Chart No.1. Turnover and number of employees of CSC Corporation
Computer Sciences Corporation, one of the world's leading consulting and IT services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company's success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges.
Having guided clients through every major wave of change in information technology since 1959, CSC combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of global corporations and organisations. With some 68,000 employees in locations world-wide, CSC had revenues of $11.3 billion for the 12 months ended December 28, 2001. It is headquartered in El Segundo, California.
Data on turnover and number of employees of CSC Computer Sciences s.r.o. |
Chart No. 2. Turn over and number of employees of CSC Computer Sciences s.r.o.
After 5 years in the Slovak market, CSC Computer Sciences s.r.o. ranks among the leading company's in area of IT services. In the year 2001 the company plans to achieve a turnover of 115 mil. Sk. CSC Computer Sciences s.r.o continues to grow dynamically.
| CSC strategy in Eastern Europe |
According to CSC European headquarters, the company wants to have significant presence in Eastern Europe. In case of success in big tenders mostly in financial sector CSC would open another subsidiaries in Poland and Hungary. CSC has already been active in Eastern Europe serving its global accounts and providing specific services (projects in the tax area and so on).
Table No. 3. Overview of Foreign Investment by country In Slovakia (by July 6, 2001, source: Sario)
Historically German and Austrian Investors (also Czech and Hungarian) has always had leading position in the Slovak Republic. After the splitting the Austrian Monarchy during the period 1918-1938 and also during the period of former Slovak State (1938-1945) the situation was the same. Today after 40 years of communism period the situation is similar. The old relations were born again. (Financial sector - f.ex. Allianz, Die Erste and industry, f.ex. Volkswagen). Anglo-Saxon investors have been focused on strategic cases as U.S. Steel and Slovnaft or specific market segments as for example is Tesco.
www.slovensko.com/investor/basic.htm)
| IT environment in the Slovak Republic |
Political transition and continued apprehension concerning Slovakia´s future had an adverse effect on the country IT markets in the first half of 2000. Limitations of government IT badgets undermined the public tender market, and little or no spending was seen from either the government and education segments.
In 2000, the value of IT expanditure in Slovakia reached 438 mil. USD, marking growth of 10,9 % over the previous year. The market is expected to expand by further 17,1% in 2001, to reach a total value of 513, 01 mil. USD. While the Slovak IT market traditionally had been very hardware oriented, the ratio of software and services to hardware has risen sharply over the past two years. In 2000, software and services are believed to have comprised 52,7 % of total IT spending. This growth trend is expected to continue in 2001, making software and services the most dynamic segment of the country´s IT market (IDC comment on IT environment).
Table. 3. Overview of TOP 30 IT Services Companies in Slovakia, According to revenue (USD mil., 2000, Source: IDC 2001)
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