Welcome to our dedicated page for Unisys news (Ticker: UIS), a resource for investors and traders seeking the latest updates and insights on Unisys stock.
Unisys Corporation (NYSE: UIS) is a global technology solutions company whose news flow reflects its focus on cloud, AI, digital workplace, applications, logistics in some descriptions, and enterprise computing. Company announcements frequently highlight how Unisys works with leading organizations and public sector entities, as well as its role in emerging areas such as generative AI, cybersecurity, and hybrid cloud strategies.
On this page, readers can follow UIS news related to technology insights, industry recognition, investor events, and innovation initiatives. Recent releases include Unisys’ "Top IT Insights" report on AI application trends, cybersecurity, data sovereignty, and workload placement, along with recognition from Information Services Group (ISG) as a Leader in Generative AI Services and Future of Work Services. These items illustrate how the company positions its AI and digital workplace capabilities.
Investors and observers will also find news about Unisys’ participation in investor conferences, where management presents and hosts one-on-one and small group meetings. Additional coverage includes awards such as the Enterprise & AI Innovation Award from Plug and Play and updates on the Unisys Innovation Program, a long-running competition for engineering students in India focused on technologies like AI, quantum computing, and IoT.
Together, these updates provide a view into how Unisys communicates its strategy in cloud, AI, digital workplace, applications, and enterprise computing, as well as its engagement with clients, partners, students, and the investment community. Users interested in UIS can use this news feed to review company perspectives on technology trends and its role in enterprise and public sector transformation.
Unisys (NYSE: UIS) announced that Mike Thomson, current President and Chief Operating Officer, will succeed Peter Altabef as CEO effective April 1, 2025. Thomson will join the Board while retaining his President title, and Altabef will continue as Board Chair.
Thomson joined Unisys in 2015 as Corporate Controller, advanced to CFO in 2019, and became President and COO in 2021. He brings over 25 years of experience in senior roles across various industries. The company reaffirmed its full-year revenue growth and non-GAAP operating profit margin guidance provided in its Q3 2024 earnings announcement.
Unisys (NYSE: UIS) has been recognized as a global leader in ISG's 2024 Provider Lens™ report for Generative AI Services. The company achieved leadership positions in two quadrants: Strategy and Consulting for Mid-Size Providers and Deployment and Development Services for Mid-Size Providers. Key strengths highlighted include comprehensive AI offerings, application modernization capabilities, responsible AI practices, multilingual solutions, and efficiency-led practices. Unisys leverages MLOps, virtual assistants, and creative tools while maintaining focus on ethical AI practices and transparency through collaborations with clients, academic institutions, and industry partners.
Unisys (NYSE: UIS) has been named one of America's Best Employers for Engineers in 2025 by Forbes. The recognition highlights Unisys's commitment to fostering a vibrant workplace culture and supporting employee growth. The company offers continuous learning opportunities through virtual and instructor-led training in business, technology, and leadership practices.
The Forbes list, created in partnership with Statista, was compiled based on surveys of over 22,000 U.S. employees at companies with more than 1,000 workers. The evaluation process included feedback from employees, their friends, family, and industry peers. Unisys emphasizes creating an environment that encourages experimentation, innovation, and knowledge sharing through employee-led forums.
Unisys (NYSE: UIS) has been awarded the Enduring Impact Award in Fast Company's 2024 Next Big Things in Tech list for its innovative Unisys Logistics Optimization™ solution. The technology, which combines AI and quantum computing, revolutionizes logistics efficiency for global airlines and freight forwarders by enhancing cargo loading, routing, and warehousing operations.
The solution has demonstrated significant results, as evidenced by MAB Kargo's implementation, which achieved a five percent increase in cargo capacity utilization and reduced ground labor costs. This recognition highlights Unisys' long-standing commitment to innovation and its transformative impact on the travel and transportation industries.
Unisys (NYSE: UIS) has been recognized as a leader in Everest Group's Digital Workplace Services PEAK Matrix® Assessment 2024 for mid-market enterprises. The report highlights Unisys's strong capabilities in workplace consulting and analytics-driven transformations for organizations with less than $5 billion annual revenue.
The company's key strengths include specialized consulting services with MSFT 365 Copilot guidance, AI-enabled PowerSuite™ solutions for workplace transformations, and Experience-as-a-Services (XaaS) offerings that combine device performance data with employee sentiment. The recognition emphasizes Unisys's ability to deliver tailored, data-driven solutions while maintaining high client satisfaction through a balanced portfolio and robust suite of solutions.
Clariti and Unisys (UIS) have been selected by the Los Angeles Department of Building and Safety (LADBS) to implement a new enterprise community development software system. The platform will consolidate all LADBS development services into a unified digital platform, replacing the current legacy system. In 2023, LADBS processed over 167,000 permits valued at $5.8 billion and conducted more than 1 million inspections. The new system will provide 24/7 online access, centralized dashboard for applications and payments, and enhanced tools for city staff to improve efficiency and customer service.
Unisys (NYSE: UIS) has announced its management team's participation in three upcoming investor conferences. The company will attend the Southwest IDEAS Investor Conference in Dallas on November 20, 2024, the Bank of America Securities Leveraged Finance Conference in Boca Raton on December 3-4, 2024, and the Sidoti Small-Cap Virtual Investor Conference on December 5, 2024. Interested investors can arrange meetings with Unisys executives through their conference representatives.
Unisys (NYSE: UIS) released a report showing widespread positive impact of AI in the workplace. The study reveals that 71% of employees across the US, UK, Germany, and Australia report improved job satisfaction with AI integration, while 83% note increased daily productivity. 79% believe AI skills accelerate career progression, and 61% expect AI to create more jobs. From the employer perspective, 93% of executives see AI as a permanent strategic fixture, with 89% planning to increase AI usage next year. The research, based on responses from 2,015 participants and 250 US business executives, demonstrates AI's role in enhancing workplace efficiency and career development.
Unisys (NYSE: UIS) reported strong Q3 2024 results with revenue growth of 7.0% year-over-year to $497.0 million. The company achieved significant improvements in profitability metrics, with gross profit margin increasing 870 basis points to 29.2%. Operating profit margin rose to 1.5%, up 520 basis points YoY. New Business Total Contract Value increased 50% driven by new logo signings more than doubling. Cash flow from operations improved to $32.0 million compared to -$4.1 million in Q3 2023. Based on these results, Unisys raised its 2024 non-GAAP operating profit margin guidance to 6.5-8.5% from previous 5.5-7.5%.
Unisys (NYSE: UIS) has launched registration for its 16th annual Unisys Innovation Program, a ten-month technical competition for engineering students in India. The program focuses on eight key themes including AI, quantum computing, IoT, and cybersecurity. Students will work with Unisys mentors and experts to develop innovative solutions across various industries. The program's themes include Connected World, Immersive Experiences, Innovation Beyond Boundaries, Practical AI, Quantum Moves Mainstream, Supercharged Developer, Sustainability Equilibrium, and Zero Trust Security. Registration remains open until January 31, 2025.