Unisys CEO Peter Altabef said the Blue Bell, Pennsylvania-based information technology company is “doubling down” on public sector-focused cloud business and advancing growth initiatives for its digital workplace services division, FedScoop reported Friday.
Unisys created the cloud and infrastructure and digital workplace services business segments following the sale of its federal services arm to Science Applications International Corp. in March 2020. The company’s digital workplace services segment focuses on providing communications-as-a-service platforms and consulting support.
The company said in an investor presentation posted in January it expects the $17 billion market for public sector cloud services to see a compound annual growth rate of about 15 percent to 18 percent.
Unisys posted $124.4 million in revenue within its cloud and infrastructure division during the second quarter of 2021, reflecting a 9.9 percent increase from the prior-year period’s revenue of $113.2 million.