Electronic Data Systems

Electronic Data Systems

EDS logo

Electronic Data Systems (EDS) was a multinational information technology services company founded in 1962 by H. Ross Perot. It was one of the pioneers in the field of outsourcing and played a significant role in shaping the modern IT services industry. EDS provided a wide range of services, including consulting, systems integration, application development, and managed services.

History

EDS was established in Dallas, Texas, with the aim of providing computer services to companies that could not afford to invest in their own computing infrastructure. The company quickly gained recognition for its innovative approach to delivering IT services, which involved leasing time on its mainframe computers to clients. This model allowed businesses to access computing power without the need for significant capital investment.

In the 1970s, EDS expanded its operations globally, establishing offices in various countries around the world. The company continued to grow and diversify its service offerings, becoming a leading player in the IT services market. EDS was known for its expertise in managing large-scale IT projects, particularly in the government and healthcare sectors.

Acquisition by HP

In 2008, EDS was acquired by Hewlett-Packard (HP) in a deal worth $13.9 billion. The acquisition was aimed at strengthening HP's position in the IT services market and expanding its capabilities in outsourcing and consulting. Following the acquisition, EDS became a subsidiary of HP and was renamed as HP Enterprise Services.

Legacy

The acquisition by HP marked the end of the EDS brand, but its legacy continued to influence the IT services industry. EDS played a crucial role in popularizing the concept of outsourcing, which has since become a common practice for businesses worldwide. The company's innovative approach to delivering IT services paved the way for the development of the modern IT outsourcing industry.

See Also

• Outsourcing
• Hewlett-Packard
• IT services