Computer Sciences Corporation - AbsoluteAstronomy.com

Computer Sciences Corporation (CSC) is an American information technology (IT) and business services company headquartered in Falls Church, Virginia

Falls Church, Virginia

The City of Falls Church is an independent city in Virginia, United States, in the Washington Metropolitan Area. The city population was 12,332 in 2010, up from 10,377 in 2000. Taking its name from The Falls Church, an 18th-century Anglican parish, Falls Church gained township status within...

, USA. CSC predominantly provides IT services in the following areas: systems integration and professional services; enterprise application development and management; application software for the financial services industry; business process outsourcing; managed hosting services; and application and IT infrastructure outsourcing. CSC's consulting and professional services include advising clients on the acquisition and utilization of IT and on business strategy, security, modeling, simulation, engineering, operations, change management and business process reengineering

Business process reengineering

Business process re-engineering is the analysis and design of workflows and processes within an organization.According to Davenport a business process is a set of logically related tasks performed to achieve a defined business outcome....

. CSC serves Fortune Global 1000 companies in fifteen industries and national and local governments. CSC employs about 93,000 people in 90 countries and ranks among the largest outsourcing

Outsourcing

Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...

companies in the world.

On September 28, 2009, when Xerox acquired Affiliated Computer Services, Computer Sciences Corporation became the only remaining, independent major outsourcing vendor with headquarters and major operations in the US.

History

CSC was founded in April 1959 by Roy Nutt

Roy Nutt

Roy Nutt was an American businessman and computer pioneer who co-founded Computer Sciences Corporation and was a co-creator of FORTRAN....

, Fletcher Jones

Fletcher R. Jones

Fletcher Roseberry Jones was an American businessman, computer pioneer and thoroughbred racehorse owner.Born in Bryan, Texas, he was the third of three children of an impoverished Depression era family. He graduated from Allen Military Academy in 1949, then studied at university for two years but...

and Bob Patrick. Their goal was to provide programming tool

Programming tool

A programming tool or software development tool is a program or application that software developers use to create, debug, maintain, or otherwise support other programs and applications...

s such as assemblers and compiler

Compiler

A compiler is a computer program that transforms source code written in a programming language into another computer language...

s. Jones, who ran the business and its marketing, obtained a contract from Honeywell

Honeywell

Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments....

that made the business profitable and respected within the industry. Although its competitor Computer Usage Company

Computer Usage Company

Computer Usage Company , sometimes called Computer Usage Corporation, was the first independent company to market computer software.-History:...

had been founded earlier in 1955, by 1963 CSC became the largest software company in the United States and took the business public

Public company

This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...

with an IPO

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

listed on the American Stock Exchange

American Stock Exchange

NYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...

. By the end of 1968, CSC was listed on the New York Stock Exchange

New York Stock Exchange

The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

and had operations in Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

, Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Spain

Spain

Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

, Italy

Italy

Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

, Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

, and the Netherlands

Netherlands

The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

.

Since its beginnings in 1959, company headquarters had been in California

California

California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

. On January 30, 2008 the company announced that it would move its corporate headquarters from El Segundo

El Segundo, California

El Segundo is a city in Los Angeles County, California, United States. Located on the Santa Monica Bay, it was incorporated on January 18, 1917, and is one of the Beach Cities of Los Angeles County and part of the South Bay Cities Council of Governments...

to Falls Church

Falls Church, Virginia

, Virginia

Virginia

The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...

.

CSC has been a Fortune 500 Company since 1995

In May of 2011 CSC obtained a contract to deliver logistics and other services to the US Postal Service under a seven-year deal with an estimated total value of $41.74 million.

Timeline

April 16, 1959: Roy Nutt and Fletcher Jones found Computer Sciences Corporation (CSC).
1959: Honeywell hires CSC (the first client) to develop a business-language compiler, called FACT.
May 1961: CSC signs its first government contract, with NASA’s Jet Propulsion Laboratory.
April 1962: Annual revenues reach $1 million.
June 1962: CSC opens its first service bureau, with the purchase of a $3.5 million computer—ranked as one of the largest and fastest at the time—offering ‘computing time’ over phone lines.
1963: As the first publicly traded software company, CSC is active on the Pacific and American stock exchanges.
May 1963: CSC opens an office in El Segundo, California. The CSC headquarters would remain in El Segundo for 45 years.
1963: CSC designs and implements software suite for Univac 1107—one of the largest computers at that time.
July 1964: CSC launches Computax offering, a computerized tax return service.
September 1964: Expansion continues and CSC opens a new office in Washington, D.C.
January 1965: Two divisions of ITT are acquired, making CSC the largest IT services company in the United States.
1965: CSC unseats General Electric Co. to win a contract with the U.S. Atomic Commission.
1966: Computer Sciences Canada, CSC’s first subsidiary, is formed to extend batch computing services into Canada.
May 1966: Based in Brussels, Computer Sciences International is formed to manage international growth. This is now known as CSC Europe.
June 1966: Wins a five-year contract for NASA Marshall Space Flight Center.
September 1966: CSC develops a payroll system for banks, selling payroll services to their business customers.
December 1966: Announces Computicket, the first computer-based system for sports and entertainment ticket sales and management.
1968: CSC becomes the first independent IT firm listed on the New York Stock Exchange.
March 1968: Computer Sciences Institute is created, providing business professionals with education and learning about how computers and technology can modernize business operations.
May 1968: CSC acquires advanced communications technology capabilities from Western Union Telegraph Co.
1969: Infonet is created to operate CSC’s timesharing business.
1969: Teamed with RCA, CSC wins a contract to develop the U.S. Navy’s Aegis weapons system, the most advanced combat system in the world.
March 1969: CSC Systems Group—the precursor to today’s North American Public Sector organization—is formed by consolidating units.
April 1969: With 4,000 employees and $65 million in revenue, CSC celebrates its 10-year anniversary.
August 1, 1969: CSC begins a long-term partnership with AT&T, starting with the Trunks Integrated Recordkeeping System (TIRKS), a circuit provisioning system that kept track of telephone equipment and facilities. Beginning in 1985, CSC began managing and implementing all software changes to this vast application system, which ran on IBM 3090 mainframes and comprised 100 databases, 24,000 modules and 6 million lines of code.
November 3, 1969: Bill Hoover is elected CSC president.
April 1970: Annual revenues exceed $100 million.
July 1970: CSC acquires Commonwealth Services Inc., a provider of computer technology solutions for the transportation, distribution and utilities markets.
October 1970: CSC formally enters Australia and South Africa markets.
1971: CSC creates the first computerized air cargo system at London’s Heathrow Airport.
May 1971: Computer Sciences International expands its presence, opening new offices in France, Italy, the Netherlands, the United Kingdom and West Germany.
July 1971: CSC builds the first airport ground traffic system’s model and simulation for New York City’s JFK airport, to be used nationwide and globally.
September 1971: CSC builds the first automated traffic control system for the Panama Canal.
1972: CSC is awarded its first contract with the U.S. Federal Aviation Administration.
March 1972: CSC Infonet is awarded a five-year, $43 million contract from the General Services Administration, to provide timeshare services to every U.S. government agency.
November 7, 1972: Fletcher Jones, 42, the company’s co-founder, dies in an airplane crash near Santa Barbara, California.
November 10, 1972: Bill Hoover is elected CEO and Chairman.
August 1973: CSC wins a significant contract with NASA’s Goddard Space Flight Center.
September 1973: CSC wins a landmark facilities management contract for Orange County, California, the first local government FM contract ever awarded, laying the foundation for other local governments.
October 1973: CSC enters financial services sector facilities management business, landing clients within the mortgage, banking and insurance industries.
May 1975: CSC wins contract to manage and operate the County of Pierce, Washington’s computer center.
November 1975: CSC enters into an agreement to provide automated air traffic control system for West Germany.
March 15, 1977: CSC begins providing computer services to the U.S. Environmental Protection Agency (EPA), supporting its mission to protect human health and preserve the quality of the environment.
June 1977: CSC wins contracts to support Washington, DC, and Atlanta, Georgia, Metro transportation systems.
1978: PAID Prescriptions acquisition is the first of many targeted at new commercial markets and expands claims processing capabilities within the health sector.
October 1, 1978: CSC wins landmark California Medi-Cal (Medicaid) business, further strengthening the company’s claims processing reputation.
March 15, 1979: CSC wins its largest contract to date—a $221 million, six-year project to supply a nationwide computer information system to the Kingdom of Saudi Arabia.
May 1979: CSC strengthens offerings for transportation, distribution and logistics markets through CMS Industries acquisition.
September 1980: CSC acquires business services division of Itel Corporation, providing accounting and HR services to small businesses.
March 12, 1981: CSC develops software for the successful launch of the Hubble Space Telescope. CSC continues to support Hubble’s day-to-day operations for the next three decades.
September 1982: CSC is awarded contracts to support the emerging U.S. Space Shuttle program at Lyndon B. Johnson Space Center (JSC) in Houston and John F. Kennedy Space Center (KSC) in Florida.
1982: CSC enters credit reporting market with Associated Credit Services acquisition.
March 1, 1983: CSC becomes the claims processing agent for the U.S. federal government’s National Flood Insurance Program.
1985: Broadening its role in the manufacturing systems market, CSC acquires Compufact.
May 1985: CSC begins processing health claims of coal miners for the U.S. Department of Labor’s Black Lung Program, furthering its claims processing experience.
January 15, 1986: CSC wins Medicaid Management Information System (MMIS) contract for State of New York.
August 1986: Computer Partners acquisition expands CSC’s presence in IT consulting and professional services market.
March 1987: First $1 billion contract signed, with NASA’s Goddard Space Flight Center.
1988: Associated Credit Services subsidiary changes its name to CSC Credit Services.
1988: CSC introduces a new corporate identity program and redesigns the company logo.
April 1988: Annual revenues hit $1 billion.
September 1988: Purchase of the Index Group expands CSC’s management consulting business, as well as its executive education and corporate-sponsored business research programs.
January 13, 1989: CSC creates the Leading Edge Forum to drive global leadership in Innovation, CSC's Centers of Excellence, and recognition of great achievements through the Chairman's Award for Excellence.
June 1989: CSC strengthens its market position and doubles its revenue in Europe, with the purchase of CIG-Intersys Group, Belgium’s leading IT company.
June 14, 1990: CSC co-founder Roy Nutt dies at age 59.
December 1990: CSC employee/astronaut Ron Parise flies on Space Shuttle Columbia Astro-1 mission.
January 1991: CSC acquires Analytics Inc, adding services in logistics, communications and information security, mainly to the intelligence community, where CSC has numerous clients.
November 1991: A $3 billion agreement with General Dynamics establishes CSC as a technology outsourcing leader.
1992: Following the Iraq invasion, CSC rebuilds war-ravaged Kuwait’s technology lifeline.
1993: CSC executive James Champy co-authors the groundbreaking bestseller, Reengineering the Corporation, with Michael Hammer.
June 14, 1993: Van B. Honeycutt is elected CSC President & COO.
April 1, 1994: CSC signs a 10-year, $1.5 billion IT outsourcing contract in the UK with BAE Systems, one of the largest commercial IT outsourcing contracts ever awarded to a single supplier in Europe.
May 1994: CSC signs a $1.1 billion contract to provide comprehensive information systems support at NASA's Marshall Space Flight Center. The contract is known as Program Information Systems Mission Services (PrISMS).
December 1994: European operations expand with acquisition of Ploenzke, AG, Germany’s largest computer services company.
March 1995: CSC astronaut Ron Parise flies aboard Space Shuttle Endeavor Astro-2 mission.
April 1, 1995: Upon Bill Hoover’s retirement, Van B. Honeycutt is elected CEO.
1996: CSC is selected to head The Pinnacle Alliance, a consortium of vendors created with J.P. Morgan to implement and operate a multibillion-dollar outsourcing agreement.
April 29, 1996: The Continuum Company acquisition increases CSC’s global financial services software and business process outsourcing portfolio.
December 11, 1996: CSC signs a $4 billion long-term outsourcing agreement with DuPont, one of the largest and most innovative technology agreements in history.
March 28, 1997: Van B. Honeycutt is elected CSC’s Chairman of the Board of Directors.
September 1, 1998: CSC successfully fights off a hostile takeover bid by Computer Associates International.
December 1998: The IRS selects CSC to modernize the U.S. tax system.
February 4, 1999: CSA Holdings Ltd. acquisition expands CSC’s presence in Asia.
March 1999: UTC outsourced its IT operations to CSC in a 10-year outsourcing agreement valued at over $2 billion.
September 20, 1999: Nichols Research Corp. merges with CSC.
December 1999: CSC wins a 10-year Army Logistics Modernization contract, which leads to the world’s largest ERP installation.
December 21, 2000: Mynd Corporation acquisition strengthens CSC’s portfolio of insurance industry solutions.
2000: CSC wins award to support claims processing system for the state of New York’s Medicaid program (eMedNY), the largest in the nation.
2001: CSC signs a cycling team sponsorship agreement with Riis Cycling, managed by 1996 Tour de France winner Bjarne Riis.
April 1, 2001: Annual revenues exceed $10 billion.
February 2003: LOGMOD, the CSC-led revamp of the world’s largest supply chain for the U.S. Army Materiel Command, goes live as the first U.S. government outsourcing of the entire modernization and operation of a major IT system.
March 7, 2003: CSC acquires DynCorp, adding 26,000 employees and extending government services capabilities.
May 6, 2003: The CSC-lead Prism Alliance is awarded a landmark outsourcing contract (valued at $2.4 billion) with the UK's Royal Mail Group.
December 22, 2003: Swiss Re awards CSC one of the largest insurance BPO contracts.
July 26, 2004: CSC wins the largest applications outsourcing contract in the insurance industry, from Zurich Financial Services.
August 2004: The IRS receives the first release of a modernized system supported by CSC.
May 11, 2005: CSC wins a contract to provide shared services to NASA's John C. Stennis Space Center.
December 7, 2006: Datatrac acquisition increases CSC’s federal government capabilities.
April 25, 2007: CSC’s Covansys acquisition adds 8,400 employees in India.
May 2007: CSC Project Accelerate initiative is launched to deliver improved growth.
October 31, 2007: First Consulting Group purchase bolsters presence in India and Vietnam.
January 30, 2008: CSC announces that corporate headquarters will move from El Segundo, Calif., to Falls Church, Va.
May 21, 2008: Annual revenues surpass $15 billion.
August 1, 2008: Corporate headquarters officially move to Falls Church, Va.
May 29, 2008: New CSC logo unveiled as part of global branding campaign.
July 27, 2008: Team CSC’s Carlos Sastre wins Tour de France, capping a successful seven-year pro cycling sponsorship.
October 28, 2008: IT services center opens in China.
November 3, 2008: CSC wins contract extension to support eMedNY, which annually processes more than 350 million Medicaid claims and generates payments in excess of $40 billion. CSC also manages the Web site, data center operations and telecommunications network.
January 15, 2009: CSC announces new contract to process Medicaid claims for the state of North Carolina.
February 3, 2009: CSC announces cloud computing initiative.
April 16, 2009: CSC celebrates 50-year anniversary.
November, 2009: CSC wins $2.9 bn 10.5-year infrastructure souring contract with Zurich Financial Services
July 31, 2011: CSC Finalizes iSOFT Acquisition.
September 14, 2011: CSC officially announced AppLabs acquisition with Ananth Kumar at Bangalore.

Exact dates are provided where possible, based on CSC Annual Reports, press releases and other published materials. When exact dates could not be verified, they were estimated.

Acquisitions

CSC Acquires Brazilian IT Services Firm VIXIA Consultoria e Tecnologia Ltda on June 06, 2011.
CSC Acquires iSOFT on April 01, 2011. Adding iSOFT’s 3,300 employees across India, Spain, UK, Australia, New Zealand and Central Europe
Centauri Solutions on December 20, 2010
Image Solutions Inc (December 7, 2010)
Vulnerability Research Labs on October 4, 2010
Bass & Company (August 9, 2010)
BearingPoint
BearingPoint
BearingPoint is an independent management and technology consulting firm. Following a post-bankruptcy management buyout in August 2009, BearingPoint has been operated by its European management team and is organized as a partnership...

in Brazil (2009)
Log.Sec Corporation (2008)
OBS BG (2008), renamed to CSC BG
First Consulting Group (2008)
Covansys Corporation Limited (2007)
Datatrac Information Services Inc. (2006)
DynCorp (2003) (some units later sold in 2005)
PMSC/Mynd (2001)
Nichols Research Corporation (1999)
Ploenzke AG (1995–1999)
Continuum (1996)
Index Group (1988)
iSOFT(2011)
AppLabs(2011)

History

Timeline

Acquisitions

See also