EDS Turbocharges Its Teamwork
Tight Partnerships With a Slew of Tech Biggies Just Might Give It a Shot At Revival
28 Feb 2005
Investors who tuned into EDS' fourth-quarter earnings call on Feb. 7 didn't hear a lot to cheer about. But there was one bright spot. After three years of putting out fires, the Plano (Tex.) company finally unveiled a plan to revive growth. The centerpiece: $1 billion in spending in 2005 to expand its service offerings, upgrade its technology, and beef up partnerships with Microsoft Corp. (MSFT ) and other tech leaders.
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