Articles about Csc

CSC in US$300m Australian services slurp

CSC is going shopping in Australia, dangling a cheque for AU$428m (US$305m, £200m) to the shareholders of services company UXC. UXC is a group of enterprise services companies that has grown by acquisition. Component companies offer services such as application integration, delivery and operation of enterprise infrastructure …
Simon Sharwood, 07 Oct 2015
Cash in brown paper envelope CC 2.0 attribution

CSC to sue ServiceMesh man Eric Pulier over Australian bribe scandal

Exclusive CSC has initiated legal action against Eric Pulier, formerly head of strategy for the company's Emerging Business group, over his actions as head of service. Pulier is alleged to have made improper payments to executives of Australia's Commonwealth Bank. Those payments are said to have won ServiceMesh the deal, making it a …
Simon Sharwood, 12 May 2015

CSC beefs up public sector biz with $390m merger deal

Soon-to-be split CSC is merging its government services biz with US public sector IT outfit SRA for $390m (£254m). The acquisition will add around $1.4bn (£911m) in revenue and 5,000 staff to CSC's public-sector outfit, creating combined annual sales of $5.5bn (£3.6bn) and a workforce of nearly 19,000 employees. Mike Lawrie, …
Kat Hall, 01 Sep 2015
Cash in brown paper envelope CC 2.0 attribution

ServiceMesh man Eric Pulier resigns from CSC amid bribery claims

Eric Pulier, the co-founder of CSC prey ServiceMesh and CSC general manager of cloud has left CSC. Pulier left after it was revealed he allegedly paid bribes to executives at Australia's Commonwealth Bank. CSC sent The Reg the following statement about Pulier's departure: On March 26, 2015 Eric Pulier was notified that his …
Simon Sharwood, 28 Apr 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

CSC insiders: 800 job cuts will hit service delivery for punters

CSC is pressing ahead with plans to axe hundreds of workers, brushing aside concerns from some employees that customers are already feeling the pinch of past cost cutting actions. In what has become an annual ritual for CSC, almost 800 employees were put at risk of redundancy in May, with their roles earmarked to be sent to …
Paul Kunert, 23 Jun 2015

CSC confirms top exec suspended over Australian bank scandal

CSC has confirmed that one of its top brass – Eric Pulier – has been suspended, while it investigates allegations he gave kickbacks in the multi-million-dollar Commonwealth Bank of Australia IT contract fraud scandal. Police in the Australian state of New South Wales (NSW) recently charged a former employee of the Commonwealth …
Kat Hall, 01 Apr 2015

Outsourcing tanker CSC sales growth torpedoed

Leaky outsourcing tanker CSC saw sales growth drift off on the horizon for yet another quarter – the first of its fiscal 2016 – but the services slinger is back in the black, without the help of tax benefits. The fact CSC slashed costs and expenses by nearly half a billion dollars had nothing to do with bottom line beefiness, …
Paul Kunert, 12 Aug 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Unite: CSC using staffers' profitability to shape the future

The Unite union reckons some of CSC’s highest-paid Brit staff could be headed for the chopping block in the company's latest job purge, as it enters consultation with local management. The beleaguered integrator is bundling 800 workers out of the door to cut costs, with a proportion of those roles to be off- and near-shored, El …
Paul Kunert, 18 May 2015
Suitcase bulging with cash

CSC tells execs to stay quiet on Australian bribery scandal

Senior executives at CSC have been told to say nothing substantive about the bribery scandal surrounding ServiceMesh, the source of CSC's “Agility” technology. Police in the Australian State of New South Wales recently charged a former employee of the Commonwealth Bank with receiving improper payments. Those payments are alleged …
Simon Sharwood, 31 Mar 2015

UK NHS IT supplier CSC coughs up $190m fine, three execs in the dock

Computer Science Corporation has paid its $190m (£122m) fine, levied by US watchdog the Securities and Exchange Commission over charges the Virginia-headquartered biz fudged its financial reports. And now some senior executives have agreed to hand back millions of dollars in pay and bonuses as a result of the SEC's probings. …
Iain Thomson, 05 Jun 2015

CSC's ServiceMesh named as source of bank exec bribe

ServiceMesh, a cloud policy company acquired by CSC in 2013, has been named as the source of a bribe allegedly paid to a former Australian bank executive. Keith Robert Hunter yesterday appeared in the New South Wales (NSW) Local Court in connection with payments he allegedly received while he worked at The Commonwealth Bank (CBA …
Simon Sharwood, 18 Mar 2015

US tech titan CSC slapped with $190m penalty

IT giant CSC has been slapped with a $190m (£122m) penalty by US regulator the Securities and Exchange Commission following a probe into the firm's accounting practices. The investigation was opened in 2011, mainly into the firm's European outsourcing unit - including revenue from its troubled NHS contract negotiations between …
Kat Hall, 30 Dec 2014
Railway line split. Pic: Ian Sane

Splitters! CSC to break itself into pieces following job cull

The break-up craze among the largest tech vendors may have reached the channel, with talk that CSC will separate its North America government unit from the rest of the private-sector sales organisation. The split could come as early as next week, according to Reuters, when the loss-making company takes the covers off its latest …
Paul Kunert, 15 May 2015

CSC picks up axe, takes aim at its own profitable bits

CSC confirmed last night it is to split the US public sector biz from the rest of the group – the only division last quarter where sales aren’t dropping and which generates the highest operating profit. As expected, the hard-pressed integrator is to hive off the operation into a separately listed company, with sales of $4.1bn …
Paul Kunert, 20 May 2015

Are CSC's mega-costly NHS contracts finally turning a profit?

CSC's troubled billion-pound NHS contracts finally appear to be turning around, chief executive Mike Lawrie revealed in a conference call. However, it is unlikely the firm will ever recoup its money from the defunct systems, which have cost the company close to £2bn. In a conference call for CSC's second quarter earnings Mike …
Kat Hall, 11 Nov 2014

Sales slip at fine-hit CSC after firm escapes from the NHS

Sales at US computer giant CSC dropped 8.7 per cent to $2.95bn (£1.9bn) for its third quarter - around $150m (£98.6m) below what the company had hoped. The company also recorded an income loss of $313m (£206m) for the third quarter, which was affected by pre-tax pension-related charges of $462m (£303m) and a $195m (£128m) charge …
Kat Hall, 10 Feb 2015
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

CSC picks up the axe yet again, eyes 800 staffers' quivering necks

Exclusive CSC is preparing to axe almost 800 staff in the UK and Ireland in what it is calling a "Get Fit" phase, with current proposals to transfer some of these positions to near-shore and offshore centres. Bloodletting is a seemingly annual custom for the scandal-hit ailing integrator. It is just over a year since CSC put 750 workers …

Revenue drops at IT giant CSC... 'Good progress' says chief

Revenue at CSC fell by 3.4 per cent to $3.08bn for the firm's second quarter as "transformation efforts" took hold at the IT giant. Meanwhile, operating income fell 3.3 per cent compared to the same period last year – to $340m. Half-year net income fell by $112m to $307m, compared with the first six months of 2013. Sales were …
Kat Hall, 07 Nov 2014
Gottfrid Svartholm Warg

Pirate Bay co-founder JAILED for three years after massive CSC HACK ATTACK

The Pirate Bay co-founder Gottfrid Svartholm Warg was banged up for three and a half years on Friday. The jail term comes after the 30-year-old was found guilty of hacking charges by a court in Denmark on Thursday. Warg and an unnamed, 21-year-old accomplice hacked into the mainframe of American tech outfit CSC, which was …
Kelly Fiveash, 01 Nov 2014
management project3

CSC set for ANOTHER re-org but no redundancies involved

Re-arranging the UK deck chairs on good ship CSC is the strategy the integrator has chosen after shelving plans to make further redundancies, according to numerous sources. The US-owned business does not generally shy away from making redundancies, axing 750 people from its Brit operation in late April and parting company with …
Paul Kunert, 10 Nov 2014
Gottfrid Svartholm Warg

Danish court finds Pirate Bay cofounder guilty of hacking CSC servers

Gottfrid Svartholm Warg, cofounder of the Pirate Bay, has been found guilty of hacking charges by a court in Denmark, which ruled that he and a 21-year-old accomplice had hacked US technology company CSC to gain access to Danish government servers. "We welcome the decision of the court, and the trial clearly demonstrated the …
Iain Thomson, 30 Oct 2014
USB Stress Panic Button

US titan CSC: Our numbers are going nowhere this year

US titan CSC – you remember, the firm that botched the £10.1bn National Programme for IT – is bleeding out slowly, with revenues dwindling and income growth stalling. The bad news for investors and staff respectively is that things are not forecast to get better any time during this fiscal year, and the company is again …
Jasper Hamill, 08 Aug 2014

Serco welcomes former CSC boss to run gov unit

Gardening leave is almost over for former CSC UK bigwig Liz Benison, who is set to rock up at Serco to run its Brit and European local and regional government division from the start of next month. As revealed by The Channel back in April, Benison was replaced at the CSC helm by ex-Cognizant veep Dr Sanjiv Gossain, at the same …
Paul Kunert, 08 Aug 2014

CSC: Brits, say hi to your new UK boss – say bye to 750 coworkers

On the day stumbling US giant CSC named the latest person to sit in its UK hot seat, it also told 750 of its workers in Blighty they are at risk of redundancy, The Channel can reveal. The mega-integrator, which presided over a good chunk of the bungled £10.1bn NHS National Programme for IT, confirmed former Cognizant senior veep …
Paul Kunert, 29 Apr 2014

Hundreds of UK CSC staff face chop, told to train Indian replacements

Computer Science Corporation (CSC) workers heading for the chopping block in Britain have been asked to train their replacements in India and the Czech Republic. Some 750 staff in the UK have been threatened with redundancy under the IT giant's global workforce shakeup, and roughly 200 roles will be moved offshore. CSC - …
Paul Kunert, 02 Aug 2013
big droplets falling from rain cloud

CSC straddles clouds with ServiceMesh gobble

The worst thing about the cloud for users tends to be the built-in policy tools that are either very expensive or too broad in scope to fit the peculiarities of any one organization. So providers of private and public clouds have been busily buying up firms that make it easier to layer a specific set of rules and allocations …
Jack Clark, 31 Oct 2013

CSC enslaves Infochimps to create army of big data monkeymen

In an announcement so garbled that our Big Data Translator had to be coated in Hadoop-based lubricant to spew out some sense, analytics company Infochimps has been acquired by outsourcer-extraordinaire CSC. The data-analytics company announced it had been acquired on Tuesday alongside CSC's earnings, during which CSC reported a …
Jack Clark, 07 Aug 2013

CSC boss post-NHS IT flop, Ford CEO 'pitched' as the next Steve Ballmer

Three top Microsoft shareholders have apparently recommended the CEOs of car-maker Ford and IT giant CSC as possible replacements for chief exec Steve Ballmer - because both bosses are in the middle of trying to turn around their companies' fortunes. It's claimed the three investors want the Microsoft board to consider Ford …
Gavin Clarke, 10 Sep 2013

No M&S vouchers for CSC staff as awards scrapped to save costs

Cash strapped CSC is scrapping the Recognising Excellence (RE) award for its top workers as it looks towards another year of austerity. The RE was based on a token system which awarded successful contenders £25, £50 or as much as £100 - those lucky staffers - which could be traded in for M&S, John Lewis and other store vouchers …
Paul Kunert, 07 Mar 2013

CSC pockets £68m in truce over NHS patient database fiasco

CSC and the UK government have reached a truce over the company's central patient database cock-up: both sides have agreed to a more flexible contract until 2016 and to shelve any potential litigation. The corporation and the Department of Health (DoH) have been at the negotiating table for months now over the bungled delivery …
Paul Kunert, 05 Sep 2012

TfL tosses another $33m at CSC

Transport for London (TfL) has extended its outsourcing agreement with CSC. The extension, worth $33m, adds 27 months to the length of the original contract. Under the agreement, CSC will continue to provide TfL with IT services such as service desk, desktop support and delivery of real-time customer information at a number of …

CSC axes doctor support software in the UK

CSC has finally confirmed it is pulling its GP support products from the primary care market. The company is dropping its iSoft products, including Synergy, Premiere and Ganymede, after they run through their existing contracts. CSC will support the gear until the end of October next year for practices in England and Northern …

CSC pops its cork after slashing costs faster than expected

The CEO at lumbering integrator CSC says its turnaround strategy is ahead of schedule despite a sales blemish on an otherwise improved set of fiscal Q2 numbers. Revenues for the three months ended 28 September dipped 2.8 per cent year-on-year to $3.85bn (£2.41bn) with declines posted across its three operating units. The sales …
Paul Kunert, 07 Nov 2012

NHS IT blunder biz CSC wilts as profit bleeds, costs staunched

Computer Sciences Corporation (CSC), which bungled building a central patient database for the NHS, suffered a 78 per cent drop in profits year-on-year in its last quarter. CSC reported a net income of $42m for Q1 of fiscal year 2013 [PDF], down from $185m banked in the same period last year. Revenue stayed roughly the same as …
Anna Leach, 10 Aug 2012

CSC bundles NHS IT fiasco staff out the door

CSC has binned about 100 workers involved in the disastrous National Programme for IT in the first wave of planned redundancies – with another 200 heads leaving voluntarily, company insiders have claimed. Altogether 500 techies – 30 per cent of those working on the botched NHS system – were put at risk of redundancy back in …
Paul Kunert, 09 Jul 2012
The Register breaking news

CSC, NHS extend jaw-jaw on disaster deal: 500 jobs go

The NHS and IT contractor CSC can't agree on the terms of their amputated contract so have pushed a decision on the deal back two months, leaving a temporary arrangement in place. CSC's deal to digitise patient records – Project Lorenzo – was finally scuppered in December last year and CSC has paid back £1.8bn to the NHS after …
Anna Leach, 05 Apr 2012

CSC UK touts jobs at RIVALS to techies facing chop

Outsourcing biz CSC has allowed rivals to advertise job vacancies on its intranet as hundreds of workers face redundancy. In February the integrator wrote off nearly $1.5bn in the fallout of the NHS IT fiasco and threatened to axe 500 techies working on its project to provide electronic patient records. A 90-day consultation …
Paul Kunert, 13 Jun 2012

CSC UK waves ta-ta to axed staff, sharpens axe for next round

CSC UK has concluded the 90-day consultation period for workers at risk of redundancy with roughly two thirds of staffers heading for the door voluntarily, insiders claim. Sources reckon that of 640 peeps CSC included in the cost-cutting programme back in February, 330 are leaving the firm and about 220 of those are willingly …
Paul Kunert, 13 Aug 2012
The Register breaking news

CSC's selfless offer to new QLD government

CSC has marked the election of a new government in the Australian state of Queensland by selflessly offering to do some work for it. Preferably in the healthcare sector. The giant integrator let it's kind intentions be known through a press release it emitted at 2:03 AM on Sunday morning - just eight hours after polls closed. In …
Simon Sharwood, 26 Mar 2012
The Register breaking news

CSC's UK techies get one extra month to find new jobs

The Unite union claims it has succeeded in postponing compulsory layoffs by CSC in the UK in the aftermath of the NHS IT project fiasco. CSC had announced two lots of cuts, adding up to 1,140 staff members at risk. The IT contractor said it would reassign workers or allow them to take voluntary redundancies, but added it would …
For Sale sign detail

HP loses MoD payroll and pensions deal to CSC

HP has lost the contract to supply pay, HR and pensions administration to the Service Personnel and Veterans Agency (SPVA) for the UK armed forces. "HP will work to ensure a seamless transition of activities to the successful bidder, ensuring no loss of service to the thousands of people who depend on the service," HP said in a …
The Register breaking news

CSC confirms $1.5bn NHS IT write-off

CSC has confirmed it is to write off almost $1.5bn as a result of its involvement in the National Programme for IT (NPfIT). In December 2011 the company, which had been contracted to supply electronic patient records systems to a number of NHS trusts, warned shareholders it may lose an amount equal to, or in excess of, its $1. …
The Register breaking news

CSC secures A$25m utility deal

Utility Powercor-CitiPower has awarded CSC a renewed five-year IT services contract worth AU$25m. CSC was the incumbent provider of IT services for Victoria's largest electricity distributor. The last time the contract was extended in 2006, the five-year contract was valued at $AU17.8m. The utility giant provides services to …
homeless man with sign

CSC's iSoft takeover cleared

The European Commission has cleared CSC's takeover of iSoft - the key NHS supplier. Aussie health provider iSoft has had a chequered past - it was bailed out with £82m of taxpayer cash, removed a co-founder, and is still going through a Financial Services Authority probe which led to four former directors facing criminal charges …
John Oates, 21 Jun 2011
The Register breaking news

CSC axes another 640 UK IT workers

Bungling IT services firm CSC is to lay off a further 640 IT workers in the UK on top of the 500 bods it is shaving from its NHS account. "We can confirm that we have started a formal 90-day consultation process in the UK which could reduce the number of people working in our UK business by an anticipated number of 640 people," …
The Register breaking news

NHS car-crash spatters CSC accounts with red ink

The CEO of Computer Sciences Corporation (CSC) said that his company's performance in the last year had been "very poor", as he announced a staggering yearly loss of $4.2 billion. The loss compares to a profit of $759 million the year before and has pushed the CEO Mike Lawrie to declare cuts of $1 billion. Revenue for the …
Anna Leach, 21 May 2012
The Register breaking news

NHS strikes new deal with CSC for electronic patient records

CSC and the Department of Health look to have concluded negotiations around the future of its Lorenzo system in the NHS. A revised deal announced by CSC will see the US-based firm deliver additional implementations of the Lorenzo electronic patient records system beyond the 10 have already been rolled out, with "options for more …
The Register breaking news

CSC faces £1bn write-off over botched NHS IT project

CSC, one of the two remaining prime contractors to the NHS National Programme for IT (NPfIT), has told its shareholders that it might lose an amount in excess of its £943m investment in the project. The US firm and the government had been discussing amendments to its NPfIT work under a memorandum of understanding (MOU), which …

Look out, world! Apple is about to launch .apple

Apple is getting ready to launch its own piece of the internet: .apple. The iPhone and Mac manufacturer signed the agreement to run its namesake top-level domain back in May, but has only recently moved toward "delegation," meaning putting the name live in the internet's root zone. It is however the registration of 29 …
Kieren McCarthy, 18 Sep 2015

Government close to reduced NHS IT deal with CSC

The Department of Health has said it has reached the closing stages of negotiations with CSC, one of the two local service providers to the NHS National Programme for IT, over a new memorandum of understanding covering its future work for the health service. The deal looks set to cut CSC's income from the NHS. The firm has …