PLANO, Texas -- EDS keeps the Global 2000 operating smoothly by providing more o ngoing development, support and maintenance of software than any other IT servic e provider in the world, according to the results of a recently released study b y industry analyst firm International Data Corp. (IDC). IDC defines application management as "the ongoing support of an application or system of applications." The applications can be custom-built for a client, pac kaged third-party products, or a combination of both. In its annual look at applications management, the firm estimates the overall ma rket for the practice area at $11.1 billion, with EDS generating approximately $ 2 billion of this revenue, or 18 percent. In estimating revenue by firm, IDC us ed in-depth surveys and analysis, combined with data collected throughout the ye ar about each vendor and its customers. Applications management has been a core competency at EDS for decades, 8; said Dan Zadorozny, president of EDS’ Application Management service line. " Heavy-duty enterprise software management and maintenance is the kind of work we do extremely well and we do a lot of it. Independent validation -- from a firm with IDCs credibility -- of our leadership position in this important mar ket is rewarding.
Full Range of Consulting Capabilities EDS provides applications development and management services through its Soluti ons Consulting line of business, which the company formed in April 2002 as a com bination of its former E Solutions line of business and its applications service s business. Today, EDS Solutions Consulting is a 37,000-strong consulting organ ization offering a full range of solutions consulting capabilities. The inclusion of applications development and management within Solutions Consulting enables us to fully leverage our capabilities in this area, sai d Paulett Eberhart, president of EDS Solutions Consulting. EDS Solutions Consulting andA.T. Kearney, EDS high-value management consultancy, together provide the most complete end-to-end solutions capability available in the market today. 48; Through its Solutions Consulting organization, EDS develops, delivers and manage s software applications, giving clients more time for their core business activi ties. Working with custom or packaged software, EDS applies standardized proces ses and industry best practices, along with 40 years of experience, to ensure co nsistently excellent work. Highlights of EDS applications management practice identified by IDC as pa rticularly relevant include support of applications in 60 countries, with standa rdized practices and procedures. IDC also gave EDS high marks for an enterprise application management offering centered around remote support and management o f popular enterprise resource planning packages, an area where IDC forecasts sig nificant growth.
About EDS EDS, the leading global services company, provides strategy, implementation, bus iness transformation and operational solutions for clients managing the business and technology complexities of the digital economy. EDS brings together the wo rlds best technologies to address critical client business imperatives. I t helps clients eliminate boundaries, collaborate in new ways, establish their c ustomers trust and continuously seek improvement. EDS, with its managemen t-consulting subsidiary, A.T. Kearney, serves the worlds leading companies and governments in 60 countries. EDS reported revenues of $21.5 billion in 200 1. The companys stock is traded on the New York Stock Exchange (NYSE: EDS ) and the London Stock Exchange.