Dell IT Deal with Towers Watson - Analyst Blog
05 7월 2011 - 9:19PM
Zacks
The world’s second largest PC maker Dell Inc.
(DELL) recently confirmed an information technology (IT) support
deal with Towers Watson & Co. (TW). Financial
details of the five-year contract were not disclosed.
Towers Watson is a global consulting firm. It specializes in
professional services on risk, human resources and financial
management.
Under the deal, Dell’s Services segment will provide extensive
transformation and infrastructure services and support to Towers
Watson’s data center operations. These would help Towers Watson to
better focus on its business growth, in spite of the extensive time
that it spends in managing the complex IT environment.
Towers Watson is counting on Dell’s IT support to make its data
centers resilient and efficient. What’s more, their supervision
will become much easier since nine data centers will be
consolidated into two. Dell’s storage and server support services
are also expected to lower operating expenses at Towers Watson
while simultaneously stepping up business momentum.
Deal wins are a regular phenomenon at Dell. We believe
that Dell’s services are in demand and will drive revenues in the
coming quarters.
In June, Dell’s IT services were offered to an affiliate of
Hyatt Hotels Corp. (H). Also, the Nuclear
Regulatory Commission selected Dell’s extensive hardware and
software support. In March, Dell clinched a six-year IT outsourcing
deal with TUI Travel plc, a company under TUI AG, a renowned
European travel group.
In February, Dell signed a seven-year deal with the Brooklyn
Hospital Center, under which the PC maker agreed to provide its
revenue cycle services to the latter.
During the recently concluded first quarter of 2012, Dell
recorded a 5% year-over-year growth in its Services segment. The
Services portfolio was strengthened by acquisitions of
information-security services provider SecureWorks Inc.,
cloud-based service provider Boomi and cloud-based medical
archiving solutions provider Insite One Inc.
In a recent research report published by technology research
firm Gartner, the firm expects worldwide spending on IT products
and services to grow by 7.1% in 2011, considerably higher than its
earlier estimate of 5.6%.
Though we understand that soft demand at the Consumer segment, a
high debt level and stiff competition from technology majors will
remain concerns, we feel that Dell will continue to capitalize on
the increasing IT expenditures and show top-line improvement.
Currently, Dell has a Zacks #2 Rank, which equates to a
short-term Buy recommendation.
DELL INC (DELL): Free Stock Analysis Report
HYATT HOTELS CP (H): Free Stock Analysis Report
TOWERS WATSON (TW): Free Stock Analysis Report
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