Project Accelerate
In May 2007 CSC announced Project Accelerate, a strategic program that is comprised of five key growth initiatives. Project Accelerate is enabling CSC to better serve our customers, retain our market leadership position and deliver enhanced growth to our shareholders.
Five Key Initiatives
Commercial Outsourcing. Outsourcing has long been an important part of our business, and we will continue to invest to strengthen our position as a Tier One provider.
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. Learn more about India Direct. Learn more about CSC’s focus on mid-size deals. |
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Vertical Markets. We are aligning our organization by these broad industry groups: Financial Services; Healthcare; Manufacturing, (including Aerospace & Defense); Public Sector; Chemical, Energy & Natural Resources; and Technology/Consumer.
Global Presence. We are continuing our commitment to our World Sourcing global delivery model.
India Direct. We have launched an India Direct sales channel to address our customers’ needs for pure Indian-based services.
North American Public Sector. We will build on our established market position by enhancing core offerings and by investing in selected higher growth areas.
Project Accelerate: A Disciplined Acquisition Program
These five initiatives will be supported by a disciplined acquisition strategy that is focused on vertical markets, core delivery capabilities, higher growth and margin businesses, and strictly aligned with the priorities of our strategic initiatives.
A World-Wide Growth Strategy That Benefits Our Stakeholders
Project Accelerate is global in scope and it is focused on proactively addressing the needs of our customers and markets.
- For our customers, we will continue to evolve to meet their needs and drive improved business value to them.
- For our employees, we will provide exciting professional growth opportunities globally.
- For our shareholders, our strategy provides a clear vision which will target revenue growth and provide the cash flows and ROIC required to enhance overall shareholder returns. Over time, this strategy will, also, achieve balance in our portfolio across our public sector, business solutions, and outsourcing services offerings.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
Commercial Outsourcing
Outsourcing has long been an important part of our business, and we will continue to invest to strengthen our position as a Tier One provider. For our largest clients, we will further strengthen our ability to deliver the services they require consistently and seamlessly across their global enterprise.
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. Learn more about CSC’s focus on mid-size deals. |
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We are also investing to win a higher share of mid-size deals (contract values between US$50 and $350M). CSC has launched a dedicated sales team and we are enhancing our delivery capabilities to address this large and growing market. To serve both large and mid-size deal clients effectively, we will continue to invest in and expand our offering of outsourcing solutions.
We have accomplished these milestones:
- A mid-size sales and marketing team is in place to provide outsourcing services to our mid-size customers.
- Our outsourcing solutions portfolio has been expanded to include a differentiated and configurable set of core mid-size services.
- Specialists in serving mid-size customers are joining our world class outsourcing organization.
- For all our customers we have expanded our portfolio to include a mix of custom and configurable services that best suits their specific business needs.
- A Global Outsourcing Services Group and management team has been established to serve our customers around the world with consistent, reliable and business results-focused services.
- Global Outsourcing Services announcement
- Americas Outsourcing announcement
Visit the Outsourcing section of our Web site.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
Vertical Markets
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. |
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CSC is investing significantly to offer differentiated business solutions that combine technology, intellectual property, and industry expertise to improve our customers’ business results. We are focused on developing high value, technology-enabled business solutions, consulting services, and business process outsourcing offerings for our key vertical markets.
We are aligning our organization by these broad industry groups: Financial Services; Healthcare; Manufacturing, (including Aerospace & Defense); Public Sector; Chemical, Energy & National Resources; and Technology/Consumer.
We have long delivered experience and results to our customers, and with these industry-focused investments we will deliver significantly improved business value to them.
For each of our vertical markets we intend:
- To establish a leading position in emerging, profitable growth areas while continuing to enhance our current portfolios.
- To become a strategic business partner with our customers based on our experience of providing IT capabilities and a portfolio of vertical market business solutions.
For example:
Financial Services
- Enhance our broad range of business solutions for the Life, Pension, and Property and Casualty market.
- Expand our core banking solution offerings to include payments, data, credit services and business processing outsourcing.
- Integrate our IT and business consulting services with our capital markets solutions.
Visit the Financial Services, Banking, Insurance and Capital Markets sections of our Web site.
Healthcare Services
- Blend our broad range of consulting and outsourcing services into our core Healthcare portfolio such as infrastructure services, business and IT consulting, information services, business process and applications outsourcing.
- Expand our core solutions into new areas such as research and advisory, healthcare technology, health informatics and operating performance.
We acquired First Consulting Group which will expand our expertise and portfolio of healthcare business solutions.
We announced our Global Healthcare Sector organization.
Visit the Healthcare Services section of our Web site.
Manufacturing
- Enter new manufacturing markets using our existing range of business solutions such as product life cycle (PLM), best manufacturing practices (BMP) and Lean Six Sigma.
- Invest in industry transformational offerings through targeted alliances, partnerships and acquisitions.
- Expand our manufacturing business solutions portfolio that leverage our current robust capabilities in Aerospace & Defense, High Technology and Automotive.
Visit the Manufacturing, Aerospace & Defense and High Technology sections of our Web site.
North American Public Sector
- Become the leading provider of business and IT solutions to the U.S. Federal Government.
- Build on our established market position by enhancing our core offerings and by investing in selected higher growth areas such as identity management and credentialing, health services, infrastructure services, training, logistics and command and control.
- Expand the work we do for the public sector in Canada.
- Build on our success with the U.S. Federal Government in the pursuit of select state and local government opportunities.
We recently announced an enhanced North American Public Sector organization and its management team.
Visit the Government section of our Web site.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
Global Presence
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers.
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CSC currently operates in more than 55 countries and serves some of the world’s largest global companies. We are continuing our commitment to World Sourcing as an important value component of our global delivery model. We will continue to offer our customers the mix of on-shore, near-shore, and offshore services most appropriate to their needs. We are particularly focused on expanding our capabilities in Asia, Latin America, and Eastern Europe, in addition to India.
World Sourcing: A Range Of Flexible Options:
- Low-cost centers
- Remote centers
- On-site and local services
- Technology centers of excellence
Each of our World Sourcing centers are backed by SEI CMMI-certified processes.
To emphasize our commitment we acquired Covansys. With this acquisition, CSC now has more than 14,000 employees in India, and India is our second largest country of employment
We have established an India Direct sales channel to offer our customers business solutions from that are project based or integrated with longer-term engagements.
And, we announced our World Sourcing organization and its management team.
Visit the World Sourcing Section of our Web site.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
India Direct
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. |
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This initiative is focused on aggressively growing and leveraging our capabilities in India. We have launched an India Direct sales channel to address our customers’ needs for pure Indian-based services and to compete directly against low-cost, offshore IT providers.
Since 1996 CSC India has been delivering reliable offshore IT services for many of our global customers. Our business in India has steadily grown as our customers’ needs expanded. We will continue to make investments to strengthen our delivery capabilities for remote infrastructure management, applications services, and business process offerings.
- To emphasize our commitment we acquired Covansys. With this acquisition, CSC now has more than 14,000 employees in India, and India is our second largest country of employment.
CSC India Direct builds on our experience at structuring complex applications, infrastructure or process services in large-scale and mature environments — a capability that is unique to a multi-national, established provider. With India Direct we can deliver those unbundled services — that our customers have relied upon for years — directly from India as discrete projects.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
Every day around the globe, CSC serves the diverse missions of the U.S Federal Government. Over nearly half a century of support, we have served virtually every department, agency and major initiative. We also serve state and municipal governments in the U.S., and national governments in in Europe, Asia, and Australia.
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. |
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We intend to become the leading provider of business and IT solutions to the U.S. Federal Government.
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We will build on our established market position by enhancing our core offerings and by investing in selected higher growth areas such as identity management and credentialing, health services, infrastructure services, training, logistics and command and control.
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We will expand the work we do for the public sector in Canada.
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We will build on our success with the U.S. Federal Government in the pursuit of select state and local government opportunities.
We recently announced an enhanced North American Public Sector organization and its management team.
Visit the Government section of our Web site.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.
To achieve our Project Accelerate goals we have established several organizational processes that support our long-term strategy such as communications, organizational alignment, recruiting, global sales and marketing, financial reporting and controls, and culture and change management.
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Related Information: Learn more about our five initiatives: Learn how we are focusing our organization on Project Accelerate goals.
Watch CSC Account Executives discuss how Project Accelerate benefits our customers. |
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With Project Accelerate we intend to:
- Be global in scope and increase the strength and diversity of our company.
- Change our culture to one that proactively addresses the needs of our customers and markets.
- Expand our value proposition to include industry focused delivery of technology-enabled business solutions and services.
- Pursue an integrated and disciplined strategic acquisition approach.
- Strengthen the CSC brand.
- Drive sustainable shareholder returns.
Also, we’ve announced several organizational and management changes that will drive our success:
Project Accelerate: A Disciplined Acquisition Program:
Our Project Accelerate acquisition approach is focused on vertical markets and core delivery capabilities, directed towards higher growth and margin businesses, and strictly aligned with the priorities of our strategic initiatives.
- In July of 2007 we acquired Covansys.
- In January 2008 we acquired First Consulting Group.
Learn more about CSC, our global services, client results and our latest thinking about technology and business trends. Then, contact us and let our experience produce results for your organization.