Electronic Data Systems is the name in the technology that defines the business of outsourcing. This company operates its business in the global market. The company was established in 1962 and has its headquarter in Plano, Texas. In 1984, the company was acquired by General Motors but became independent again in 1996. By the end of 2006, the company employs 117,000 in several countries.
Electronic Data Systems trades as EDS in NYSE. It is one of the largest services companies in the Fortune 500 list and is reported to have earned revenues of US$19.8 billion. Electronic Data Systems operates in 60 countries. They mainly concentrate in the metropolitan areas like Dallas-Ft. Worth, Texas, Detroit, Michigan, Kentucky, and Northern Virginia in the United States. They also have wings in India, Brazil, Mexico, Canada, Germany, the United Kingdom, Australia, New Zealand, Hungary and Spain.
The head quarter of Electronic Data Systems is set about 20 miles north of downtown Dallas with an area of 3,521,000 square feet. The area of the data center is 270 acres. The location was a legacy of Plano real estate development where the company built its realm. EDS is a company with some historical importance. The developed the Iranian social security information system the Iranian social security information system just before the Shah was dethroned in Iran. Many of the employees of EDS were detained in Iran during the transition of 1979. H. Ross Perot applied some hush-hush methods to take these employees out of Iran. On Wings of Eagles by Ken Follett is an account of all these incidents.
Electronic Data Systems has a global alliance program where they have made a number of alliances in their business. There are three groups like Agility Alliances, Solution Alliances and Technology Alliances. Agility Alliances has members like Cisco Systems, Dell, Inc., EMC Corporation, Microsoft, Oracle Corporation, SAP AG, Sun Microsystems, Towers Perrin and Xerox with it. EDS claims the services that they provide are cheaper and easier for the business to apply. Most of the clients of EDS are large companies and the government. The biggest of them is General Motors that provides 20% of the revenues. Another heavyweight client is United States Navy.
Some of the other major clients are Cargill, ABN AMRO, Continental Airlines, American Airlines, United Airlines, US Airways, Department for Constitutional Affairs, Department for Work and Pensions, Bank of America, Blue Cross and Blue Shield of Massachusetts, Commonwealth Bank of Australia, Fonterra, Kellwood, Kraft Foods, Nextel, Phoenix Life, OnStar, Rolls-Royce plc, Sabre Holdings, SKF, Sun Microsystems and UK Ministry of Defence to name a few. Electronic Data Systems is the main sponsor of the PGA Tour's EDS Byron Nelson Championship held in Irving, Texas. With the tournament they raise $6 million dollars each year for youth and family service centers in Dallas.
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