CSC forms outsourcing alliance with The Indus Group.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--Sept. 28, 1995--Computer Sciences Corp. (NYSE NYSE See: New York Stock Exchange :CSC) has formed a strategic alliance with The Indus Group Inc., a San Francisco-based international computer- software company. The alliance will provide information-technology outsourcing services to the utilities industry. Indus provides a comprehensive suite of open, client-server software solutions to help regulated industries such as electric utilities improve the way they manage their engineering, operations and maintenance activities. Indus solutions support work management, safety and regulatory compliance, material and procurement and corporate financial systems. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Van B. Honeycutt, CSC president and chief executive officer, the complementary fit of Indus software and CSC's full span of services -- including management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , systems integration and outsourcing -- makes the alliance a powerful technology partner for utilities seeking bold cost-cutting measures in an era of deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. . ``We're confident we're bringing a full set of services to the market that no one else offers,'' said Honeycutt. He added that CSC's leadership in outsourcing gives utilities the broadest range of options for upgrading their information-technology systems, while also cutting costs. As a worldwide leader in outsourcing, CSC has signed more than $9 billion in major outsourcing contracts since 1991, adding more than 8,000 employees. With headquarters in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , the Indus Group has installations at more than 1,200 facilities worldwide. Computer Sciences Corp. had $3.6 billion in annual revenues for the 12 months ended June 30, 1995. The company has headquarters in El Segundo, Calif., and has 33,000 employees in 575 offices worldwide. CSC provides clients with a wide range of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , including management consulting; business re-engineering; information-systems consulting and integration; and outsourcing. CONTACT: Computer Sciences Corp., El Segundo Bruce Plowman, Mary Rhodes or Spencer Davis 310/615-0311 |
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