openPR Logo
Press release

CSC MARKS 50 YEARS OF TECHNOLOGY LEADERSHIP

04-20-2009 07:11 PM CET | IT, New Media & Software

Press release from: Computer Sciences Corporation

/ PR Agency: Mutual PR
Global IT Services Firm Reflects on Milestones, Looks Ahead to Bright Future

India, April. 16, 2008 – CSC (NYSE: CSC) today announced that it is celebrating its 50th anniversary, marking five decades of delivering client service excellence across the globe. Established in 1959 by two computer scientists with one hundred dollars and a dream, CSC has since grown into a leading global consulting, systems integration and outsourcing organization with more than 92,000 employees in 80 countries. CSC provides public and private sector clients with a wide variety of business and technology solutions.

“CSC has evolved over the years into a remarkable organization of talented, dedicated individuals,” said CSC Chairman, President and Chief Executive Officer Michael W. Laphen. “Our achievements have always been measured by the success of our clients, and we’re pleased to offer creative ideas, global reach and highly flexible service capabilities. While we recognize that the economy is experiencing a time of extraordinary change, we will continue to invest in our future and use our 50 years of strength and experience to help our clients emerge stronger than ever.”

50 Years Forward
Looking to the future, CSC has identified three meta changes that the company believes will power the next 50 years. The meta changes, published in the 50th anniversary edition of CSC World, include: consumer technology as the starting point for information technology (IT) industry innovation; IT pervasiveness in business functions and processes; and co-evolutionary business and IT relationships. To respond to these fundamental shifts as well as today’s extraordinary economic pressures, large commercial firms and government agencies must determine the best way to organize IT for their future. Further information may be found at www.csc.com/cscworld.
Legacy of Excellence
Major milestones throughout CSC’s history include:
• April 16, 1959: Roy Nutt and Fletcher Jones quit their jobs and found Computer Sciences Corporation (CSC).
• 1961: CSC signs its first federal contract with NASA’s Jet Propulsion Laboratory (JPL) to support a computer system that collects telemetry data from unmanned space probes.
• 1965: CSC unseats General Electric Co., a company 1,000 times its size, to win a contract with the U.S. Atomic Commission.
• 1971: CSC builds the first automated traffic control system for the Panama Canal.
• 1981: CSC begins supporting the Hubble Space Telescope mission at the Space Telescope Science Institute at Johns Hopkins University and continues to support Hubble’s day-to-day operations, including the successful launch in 1990, for the next three decades.
• 1989: CSC creates the Leading Edge Forum to drive global leadership in innovation.
• 1996: CSC signs a $4 billion long-term outsourcing agreement with DuPont, one of the largest and most innovative technology agreements in history.
• 2004: CSC wins the largest applications outsourcing contract in the insurance industry, from Zurich Financial Services.
• 2007: CSC expands its outsourcing capabilities in India, bolstered by the acquisitions of Covansys and First Consulting Group.

An interactive online timeline of CSC’s history may be found at www.csc.com/timeline.
In 1963, CSC became the first software company traded on the Pacific and American stock exchanges. Five years later, in 1968, CSC became the first independent IT services company to be listed on the New York Stock Exchange. Laphen will commemorate CSC’s 50th anniversary by ringing The Closing Bell® at the New York Stock Exchange today at 4 p.m. EDT. A live Webcast of the event will be available beginning at 3:55 p.m. EDT on the home page of the Exchange at www.nyse.com. CSC ranks #170 on the FORTUNE 500.
Celebrating Around the World
CSC employees will commemorate the anniversary through a host of activities, including an online celebration in the company’s Second Life® virtual world and an interactive, global “One CSC” photo mosaic that will display profiles of CSC employees and their proudest contributions to the company. In addition, Laphen has invited the entire employee workforce to participate in a virtual collaborative brainstorm to address the question, "What's next for CSC?" The discussion will take place using a collective intelligence tool, Imaginatik’s Idea Central, to submit and develop ideas on the strategic direction of the company.
“Reflecting on the highlights of the last 50 years is exciting, but we refuse to rest on our laurels,” continued Laphen. “While we’re proud of our accomplishments, we look forward to developing the next generation of business solutions, using our technological expertise and dedication to our clients to power the next 50 years of innovation and success.” For more information about CSC’s 50th anniversary, including employee perspectives, expert predictions, please visit www.csc.com/fifty.

About CSC

CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $17.1 billion for the 12 months ended Jan. 2, 2009. For more information, visit the company's Web site at www.csc.com.

Press Contact
Mutual PR
Nidhi S Kaul 9312784184 nidhi@mutualpr.com
Saloni Khanna 9313239715 / saloni@mutualpr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release CSC MARKS 50 YEARS OF TECHNOLOGY LEADERSHIP here

News-ID: 76068 • Views: 973

More Releases from Computer Sciences Corporation

COMMELL reveals LV-67S & LV-67R Mini-ITX based on Skylake processors
Taiwan Commate Computer Inc.(COMMELL), the worldwide leader of Industrial Single Board Computers, unveiled LV-67S & LV-67R Mini-ITX embedded system board based on Intel® 6th generation "Skylake" Core™ processor family. The "Skylake" PC is claimed to deliver 30 percent better performance than a PC base on Ivy Bridge architecture, 20 percent better performance than a PC based on "Haswell", and 10 percent better performance than a "Broadwell" PC. The LV-67S desktop
CSC Announces New Cloud Computing And Software Services
India, 16th Feb.2009 – CSC (NYSE: CSC) announced a companywide Cloud Computing and Software Services initiative to deliver software-as-a-service and managed-cloud-computing solutions to help clients manage data, lower operational costs and make collaboration across public and private networks easier and more effective. Brian Boruff, who joins the company as a vice president, will lead the initiative. He will report to Russ Owen, president of Americas Commercial Group.
CSC Chairman, President and CEO Michael Laphen Appointed by President George W. …
CSC Chairman, President and CEO Michael Laphen Appointed by President George W. Bush to the National Security Telecommunications Advisory Committee (NSTAC). New Delhi, May 1, 2008 - Computer Sciences Corporation (NYSE: CSC) today announced that President George W. Bush has appointed CSC's Chairman, President and Chief Executive Officer Michael W. Laphen to the President's National Security Telecommunications Advisory Committee (NSTAC). The NSTAC membership currently includes senior executives of major communications carriers,
CSC Names Constantino Pagalia Managing Director of Latin American Operations
Appointment Part of New Strategy to Improve Service, Accelerate Growth New Delhi, 7th March, 2008- As part of the company's comprehensive new growth strategy, called Project Accelerate, Computer Sciences Corporation (NYSE: CSC) today announced that Constantino Pagalia has been named Managing Director of CSC's Latin American operations, effective immediately. This includes operations in Argentina, Brazil, Chile, Columbia, Costa Rica, Guatemala, Peru and Mexico. Pagalia, who will be based at CSC's Latin American headquarters

All 5 Releases


More Releases for CSC

Certified used equipment from ARRI CSC
ARRIFLEX D-21 film style digital cameras for sale or lease New Jersey/ Florida -- ARRI CSC, the largest full service equipment rental group in the United States has a reputation for maintaining one of the finest rental inventories in the industry. As a consequence of their commitment to constantly upgrading their digital and analogue camera inventory, ARRI CSC now has some of their ARRIFLEX D-21 film style digital cameras for sale or
CSC Announces New Family of Cloud Services
CSC (NYSE: CSC) announced the next step in its company-wide commitment to cloud computing. Building on its enterprise systems integration, mission-critical security capabilities and global presence, CSC announced a family of cloud services that leverage the company's strengths with private clouds and combines them with new public cloud models. Clients will benefit from these new cloud services in which CSC manages complete ecosystems of cloud service providers, including platform-as-a-service, infrastructure-as-a-service and
CSC Launches Federated Identity Management Solution
CSC (NYSE: CSC) announced the launch of its Federated Identity Management (FIM) offering, a solution designed to enable companies and organizations to establish trusted relationships with business partners and outside parties. The new solution is part of CSC's Trusted Identity Enterprise Suite(TM), the company's portfolio of fully integrated, end-to-end identity management solutions. FIM fulfills business and technical requirements among an organization and its partners to provide secure shared access capabilities
CSC ACQUIRES LOG.SEC CORPORATION
Acquisition Extends Logistics and Infrastructure Offerings India, Dec. 22, 2008 – CSC (NYSE: CSC) announced that it has acquired Log.Sec Corporation, a privately owned information technology (IT) and logistics engineering firm based in Manassas, Va. CSC expects the transaction to be accretive to earnings in the first year. Terms of the acquisition were not disclosed. Log.Sec is the largest IT services provider at Aberdeen Proving Ground (APG), Md., with approximately 385
CSC LISTED IN 2008 GLOBAL SERVICES 100
New Delhi, February 13, 2008 – Computer Sciences Corporation (NYSE: CSC) today announced that it has made it to the 2008 Global Services 100 list and cited as a winner in the Human Capital Development category. The ranking noted CSC’s “immense focus on human-capital development” and the fact that it is driven not just by volumes, but addition of strong industry and domain knowledge. First Consulting Group (FCG), which CSC
CSC to Move Corporate Headquarters to Virginia
New Delhi, February 4, 2008 - Computer Sciences Corporation (NYSE: CSC) announced that its Board of Directors has approved a decision to relocate corporate headquarters to Falls Church, Va., from El Segundo, Calif. The relocation will consolidate into one geographical location the corporate executive leadership with the company's global operational headquarters. The consolidation will achieve enhanced productivity by reducing extensive travel now required between the two locations, facilitate the frequency