In an effort to cut costs in the cutthroat government channel market, GTSI Corp., a business-to-government supplier of information technology products, has selected Tech Data Corp. as its primary distributor.
It has become essential for business owners and executives to revisit and re-examine their business strategy much more frequently than in the last century, way back in the 1990s.
As government agencies face more pressure from the public to be Internet-enabled, they are using business intelligence software for easy access to their massive, often mainframe-resident databases.
PictureTel Corp. has developed new videoconferencing technology that company officials hope will help snare more government business and turn the company's financial losses into profits.
Over the past month, most information technology services companies have reported second-quarter results generally in line with expectations. For the traditional IT services companies, however, these expectations had been guided lower in June or earlier in the quarter, when most of the traditional IT companies we track, including Electronic Data Systems Corp., Computer Sciences Corp., Unisys Corp. and smaller integrators, all indicated that revenue appeared to be below analysts' estimates.
Qwest Communications International Inc.'s newest CyberCenter is ramping up its Web hosting services for its first government customer, the U.S. Mint, a project that company officials hope will showcase the center's capabilities and snag more government business.
Both in the United States and around the world, government markets are gaining visibility and attracting the attention of successful businesses and sophisticated investors.
Beyond.com Corp. is elevating its one-time sideline government business to co-star status in an effort to stem its financial losses and bolster its sagging stock.
Jacada Ltd., a provider of e-business infrastructure software, is bringing its e-commerce expertise to the government market to help agencies connect their old computer systems and applications to the Web.
Over the next month, investors will focus on second-quarter earnings reports. For information technology services firms, it was expected to be a trouble-free quarter, with business rebounding in both government and commercial traditional IT spending following year 2000 lockdowns.
Lucent Technologies Inc. has selected a familiar face to become president of its spinoff company, a woman who intends to expand the new company's government business globally and cash in on e-government solutions.
The sale of Lockheed Martin Corp.'s state and local unit should be completed this summer, with the likely buyer being a private investment group, according to industry sources.
A consolidation among major aerospace and defense companies that began in the 1990s was substantially complete by 1997. Among the active participants in those consolidation-oriented acquisitions were Lockheed Martin Corp., Raytheon Co., Boeing Co. and Northrop Grumman Corp.
A consolidation among major aerospace and defense companies that began in the 1990s was substantially complete by 1997. Among the active participants in those consolidation-oriented acquisitions were Lockheed Martin Corp., Raytheon Co., Boeing Co. and Northrop Grumman Corp.
Government agencies can streamline the testing of new technology before it is deployed by using the newest of KPMG Consulting's six Broadband Solutions Centers in McLean, Va., according to company officials.
Information technology giant Electronic Data Systems Corp. surprised investors when it warned that second quarter revenue for 2000 will fall below analystsÕ expectations. That news sent the stock down 35 percent in three days to a new 52-week low, and the company lost almost $10 billion in market value.
Four years after first targeting the U.S. government for added sales, computer manufacturer Hewlett-Packard Co. has formed a public-sector unit to extend its reach into state and local governments and better serve these customers.
When Andrew Levi, founder of 9-year-old value-added reseller Aztec Systems of Dallas, could not find an affordable asset management system for a client a few years ago, he decided to create a company to produce a solution.
The first-quarter earnings season is complete and was as expected for technology stocks. I anticipated that commercial e-business solutions companies would exceed both our estimates and the consensus estimates for growth and profitability, and they did.
Ashburn, Va.-based Bitco Enterprises, formed last summer when Bitco International Inc. joined with technology solutions distributor Decision Support Systems Inc., intends to capitalize on that merger by offering one-stop solutions to government integrators.
