Perot Systems' first-quarter revenue rose 4% to $338 million compared with the same period last year. But the IT services company posted a loss of $12.7 million due to a change in the way it records income from contracts. Perot says it booked $752 million in new contracts during the period, though commercial outsourcing revenue fell 7% from a year ago. President and CEO Ross Perot Jr. blames the shortfall on "broad economic weakness."
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of September 18, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."