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56-546: In 2010, Hitachi Data Systems sold through direct and indirect channels in more than 170 countries and regions, with customers that included over half of the Fortune 100 companies at the time. It was a subsidiary of Hitachi and part of the Hitachi Information Systems & Telecommunications Division until 2017. In 2017, it merged with Pentaho and Hitachi Insight Group to form Hitachi Vantara. Itel

112-616: A 13-year relationship of providing DISA with a wide range of infrastructure services, hardware and software through the DISA I-Assure and Encore contract vehicles. Of historical significance, just prior to the overthrow of the Shah of Iran , EDS was the IT company that developed the Iranian social security information system. During the 1979 overthrow, several EDS employees were detained by

168-627: A US$ 9 billion Intranet linking the Navy and the Marine Corps , which was set to late 2006, but on March 24, 2006, was extended to 2010, adding $ 3 billion to the accumulated contract worth. This initiative is known as the Navy Marine Corps Intranet , or simply NMCI. In 2004, NMCI accounted for about 4% of EDS's revenue. NMCI has been called the largest private network in the world, with approximately 400,000 "seats". EDS provided

224-580: A company of EDS's scale. EDS's largest clients included Rolls-Royce plc , General Motors , Bank of America , Arcandor , Kraft , United States Navy , the UK Ministry of Defence and Royal Dutch Shell although General Motors announced plans to move 90% of its IT work back in house over the next 3 to 5 years starting in 2012. EDS formed the National Heritage Insurance Company in 1996. The creation of this subsidiary

280-549: A design (a square with the "E" in it) was selected and used for several years, it was the design of Shawn Downs, an employee in the Charlotte IPC, that was ultimately selected and utilized in the 2000 launch. In 2000, EDS launched a new logo with an award-winning Super Bowl commercial about herding cats . Post-2000, they continued to sign long term, billion dollar contracts with organizations such as Bank of America , American Airlines , General Motors, Kraft Foods and

336-573: A fortune changing this. An early success was in matching the unused computer time at Southwestern Life Insurance Company with the computing needs of rapidly expanding Collins Radio , both located in Dallas, Texas. Perot knew the inside details of both companies. In its early years, EDS was a pioneer in facilities management – becoming the IT department for many companies – as well as beginning to service banks and provide early support for both Medicaid and Medicare in its home state of Texas. Leading

392-468: A joint venture "under which each company would own half of the unit and National would get $ 250 million plus four million shares of Memorex Telex". However, National proceeded to negotiate with Hitachi after Memorex's offer expired as National had felt that the Hitachi–EDS offer was a better deal as it entailed no further financial obligation or commitment on the part of National after the sale besides reaping

448-924: A leading applications and business process outsourcing (BPO) services company based in Bangalore, India. In March 2007, EDS acquired RelQ Ltd, a testing company based in Bangalore, India . In November 2007, EDS announced that it had agreed to purchase an approximate 93 percent equity interest in Sabre Corporation , a leading provider of software and services to U.S. state governments, from various sellers, including majority shareholder Accel-KKR, for approximately $ 420 million (~$ 595 million in 2023) in cash. Saber became Saber Government Solutions after merging with other EDS state and local non-healthcare groups. In January 2009, it rebranded as EDS, an HP company. In April 2008, EDS acquired Vistorm Holdings Limited,

504-433: A name change which came one year after HP announced the acquisition of EDS, and which was a critical milestone as the integration of EDS into HP neared completion. On April 3, 2017, Hewlett Packard Enterprise Services merged with Computer Sciences Corporation to form DXC Technology , retaining significant operations from Plano, Texas, and many aspects of EDS. On June 1, 2018, DXC spun off the U.S. public services sector of

560-619: A number of Business alliances with other companies through its global alliance program. The company has three types of alliances: Agility Alliances, Solution Alliances, and Technology Alliances. The EDS Agility Alliance has worked on a range of projects, notably its Agile Enterprise. Members of the EDS Agility Alliance include Cisco Systems , EMC Corporation , Microsoft , Oracle Corporation , SAP , Sun Microsystems , Symantec , and Xerox . Most of EDS's clients were very large companies and governments that need services from

616-592: A pre-tax profit of $ 200 million from the sale. By that time, Memorex Telex was able to arrange financing for the deal, but National had already accepted the Hitachi–EDS deal. The acquisition was envisaged to provide Hitachi with a better presence in the United States to compete with IBM. The entity was renamed Hitachi Data Systems (HDS). On January 29, 1999, Hitachi announced it would take over EDS' stake in HDS, appointing Jun Naruse as CEO of its new subsidiary. Naruse

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672-468: A provider of information assurance and managed security services based in the U.K. The acquisition will create one of the largest information assurance and managed security services firms in Europe. In May 2008, HP and EDS announced that they had signed a definitive agreement under which HP would purchase EDS at a price of $ 25.00 per share, or an enterprise value of approximately $ 13.9 billion. The terms of

728-736: A service station, four helipads and a hangar. It is the center of the 2,665 acre (11 km²) Legacy in Plano real estate development, which EDS built. EDS sponsored the Premier League association football team Derby County from 1998 to 2001 and was also a second-tier sponsor at the FIFA World Cups in the U.S.A. 1994 and France 1998 . EDS was the title sponsor of the PGA Tour 's EDS Byron Nelson Championship from 2003 to 2008, played in nearby Irving, Texas . In 2009, it became

784-511: A wholly owned subsidiary of Hitachi. For many years, HDS sold Hitachi IBM plug-compatible mainframes and storage systems, but in 2000, it exited the mainframe business and shifted its focus to enterprise storage. On February 28, 1989, National Semiconductor and Hitachi announced their agreement that Hitachi and Electronic Data Systems (EDS) would jointly acquire NAS for $ 398 million in cash, of which Hitachi would own 80%. Memorex Telex and National had earlier, on January 10, 1989, announced plans on

840-457: Is an implementation of IBM's PPRC protocol. Synchronous TrueCopy causes each write to the primary volume to be performed to the secondary as well, and the I/O is considered complete only when updates to both primary and secondary have been completed. Asynchronous TrueCopy stores time-stamped IO packets in the primary disk array and transfers them to the secondary array subject to link bandwidth. When

896-541: Is influenced by the values of Hitachi : wa (harmony, trust, and respect), Makoto (integrity, honesty), and kaitakusha-seishin (pioneering spirit and challenges). Hitachi Data Systems appeared in Fortune magazine's "100 Best Companies to Work For" list in 2012, 2013 and 2014 and was ranked No. 8 in the Fortune list of top-paying companies in 2012. Chief Executive Magazine gave HDS a ranking of No. 16 in its “40 Best Companies for Leaders” list for 2012. Hitachi Data Systems

952-526: Is the list of the top 18 states with the most companies within the Fortune 500 as of 2024. Electronic Data Systems Electronic Data Systems ( EDS ) was an American multinational information technology equipment and services company headquartered in Plano, Texas , which was founded in 1962 by Ross Perot . The company was a subsidiary of General Motors from 1984 until it was spun off in 1996. EDS

1008-666: Is to manage Medicare Part B services on behalf of the Centers for Medicare and Medicaid Services (CMS), formerly the Health Care Financing Administration (HCFA). NHIC handles call center, claims processing and payment, fraud investigations, physician enrollment etc. in many states of the US. Another large EDS client is the United States Navy . In 2000, they won a contract for the creation of

1064-528: The Air Transport Association of America , and provided large scale contracts for the US military. In January 1981 EDS purchased Centurion Computer Corp, founded as Warrex Computer Corporation in 1972, a manufacturer of small business minicomputers. In 1984, the company was acquired by General Motors for $ 2.5 billion (~$ 6.21 billion in 2023), with EDS becoming a wholly owned subsidiary of GM. Meyerson remained president and in 1985,

1120-550: The HP Byron Nelson Championship . The tournament raises about $ 6 million each year for youth and family service centers in Dallas, Texas. EDS signed a sponsorship agreement in 2007 with Nobel Media to become a Global Sponsor of the Nobel Prize Series, and with Nobel Web to become its Global Technology Services Partner. The three-year agreement enables EDS to apply its technology expertise for

1176-550: The United Kingdom . In 1992 the Plano EDS Headquarters campus comprising two eight-story buildings connected by an upper level bridge of office space was opened. The campus consists of 3,521,000 square feet (327,000 m²) of office and data center space on 270 acres (1.1 km²) of land. The campus included four Tier-IV data centers, a command center, four clusters of office buildings, a fitness center,

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1232-429: The United States Navy . In 2006 they sold A.T. Kearney in a management buyout. In May 2008, Hewlett-Packard Co. confirmed that it had reached a deal with EDS to acquire the company for $ 13.9 billion (~$ 19.3 billion in 2023). The deal was completed on August 26, 2008. EDS became an HP business unit and was temporarily renamed "EDS, an HP company". Ronald A. Rittenmeyer, EDS Chairman, President, and CEO, remained at

1288-490: The United States' gross domestic product with approximately $ 14.2 trillion in revenue, $ 1.2 trillion in profits, and $ 20.4 trillion in total market value. These revenue figures also account for approximately 18% of the gross world product . The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the world's total population . The following is the list of top 20 companies. This

1344-513: The 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10. As of 2020, the Fortune 500 companies represent approximately two-thirds of

1400-644: The National Advanced Systems (NAS) division, assembling and selling IBM-compatibles where the central processing unit (CPU) was imported from Hitachi. National and Hitachi relied upon IBM's gradual and restrained roll-out of newer models to support IBM's technology and market share, which supported NAS's occasional successes. NAS began shipping its AS/9000 DPC plug compatible mainframes in late 1981. IBM, however, had invested and obtained success in semiconductor technologies which enabled them to build powerful computers at lower costs. Meanwhile,

1456-478: The Thunder 9200, a mid-range modular storage system aimed at the small and medium business market, sold mainly through resellers. Hitachi Data Systems high-end and mid-range modular storage systems were complemented by software for storage management, content management, business continuity, replication, data protection, and IT operations. In 2002, Hitachi acquired Comstock Systems Corp, and analysts estimated that

1512-634: The acquisition would lead to a 35% percent market share. HDS moved to use the term cloud computing , culminating with an announcement on October 25, 2011. In August 2014, in partnership with Avnet , HDS announced cloud partners. The corporate headquarters are in Santa Clara, California , with business offices in the United States, Australia and New Zealand, Canada, Latin America, Europe, the Middle East, and Africa. The culture of Hitachi Vantara

1568-460: The benefit of the Nobel Prize Series and the organization's Web technologies, including supporting the development of content on nobelprize.org , Nobel's award-winning website. EDS sponsored Formula One team Jaguar Racing and was title sponsor of the 1995 Australian Grand Prix . EDS cataloged its services into three service portfolios; Infrastructure, Applications, and Business Process Outsourcing . Infrastructure services includes maintaining

1624-469: The business through a Reverse Morris Trust , combining with Vencore and KeyPoint Government Solutions to create a new independent and publicly traded government contractor, Perspecta Inc. In 2006, EDS sold their management consulting subsidiary company , A.T. Kearney , in a management buyout and retained interests in five related companies: In June 2006, EDS acquired a majority holding in MphasiS,

1680-498: The company began bidding for work internationally. In 1978 EDS expanded into financial markets with the arrival of automated teller machines , electronic funds transfer and real-time point-of-sale terminals. Meyerson was named president in 1979, at which point EDS had revenue of $ 270 million (~$ 914 million in 2023), was free of debt, and had 8,000 employees. In the 1980s, they expanded into travel services supporting payment services between travel agents and airlines represented by

1736-426: The company had a presence in 21 countries with 40,000 employees. Meyerson retired in 1987. During his years of executive leadership, EDS revenue grew to $ 4 billion a year, and the company grew to 45,000 employees. By the end of the decade, revenue was $ 5 billion. In 1996, GM spun off EDS as an independent company. In the 1990s, in addition to its existing markets, EDS was entering the telecommunications industry and

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1792-412: The effort internally was Morton H. Meyerson , who joined the company in 1966 as the company's 54th employee. In 1967, he proposed the business model that eventually became known as " outsourcing " and which led to exponential growth for EDS. In the 1970s, EDS expanded initially into more insurance services and later credit unions , and by 1975 revenue topped $ 100 million (~$ 440 million in 2023) and

1848-499: The end of fiscal year 2010. In October 2008, the U.S. Defense Information Systems Agency (DISA) signed a US$ 111 million (~$ 154 million in 2023) contract with EDS. Under this contract, EDS will: conduct worldwide security reviews, deliver certification and accreditation support, provide independent evaluation of United States Department of Defense security policies, and conduct security assessments on DOD operating systems, applications, databases, and networks. DOD and EDS have had

1904-506: The expansion of its SAP consulting practice: By collaborating with SAP on client engagement training and techniques that will drive the long-term growth of its consulting practice, EDS will further enhance its existing SAP capabilities and bring end-to-end SAP consulting and systems integration to the market by early 2008. Additionally, EDS will work closely with SAP's Global Partner and Ecosystem Group for market penetration and value-added customer offerings. EDS operated in 66 countries, with

1960-659: The front line, linking about 150,000 desktop terminals and 340,000 users in approximately 2,000 locations ..." In February 2008 EDS signed a US$ 1.3 billion (~$ 1.81 billion in 2023) contract with the Infocomm Development Authority of Singapore, one of the largest IT projects ever undertaken in Asia. This agreement will help the Singapore government achieve a standard desktop, network and messaging/collaboration environment across its public sector by

2016-510: The helm and reported to HP CEO Mark Hurd until his retirement. In December 2008, HP announced that Rittenmeyer would retire at the end of the month. As of 2008, EDS employed 300,000 people in 64 countries, the largest locations being the United States, India and the UK. It was ranked as one of the largest service companies on the Fortune 500 list with around 2,000 clients. In September 2009, EDS began going to market as HP Enterprise Services ,

2072-568: The infrastructure of EDS to facilitate both in-house and client network security needs. For 2006, $ 9.6 billion of revenue came from the Americas (Canada, Latin America, and the United States); $ 6.4 billion from Europe, Middle East, and Africa; $ 1.5 billion from Asia-Pacific; Services' revenue was: Infrastructure $ 12 billion, Applications Software $ 5.9 billion, Business Process Outsourcing $ 3 billion and all other $ 421 million. EDS announced

2128-498: The largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies , along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000 . The Fortune 500, created by Edgar P. Smith,

2184-725: The largest numbers of employees in the cities of Detroit, Michigan, United States; Dallas-Fort Worth, Texas, US; São Paulo, Brazil; Washington, D.C., US; Toronto, Ontario, Canada; Rome and Milan, Italy; Paris, France; Adelaide, Australia; Philadelphia, Pennsylvania, US; Sydney, Australia; Blackpool, UK; Sacramento, California, US; Tyneside, UK; Madrid and Barcelona, Spain; Lisbon, Portugal; Antwerp, Belgium and Frankfurt, Germany. Other major facilities were in Argentina , Australia , Belgium , Brazil , Canada , Egypt , Germany , Hungary , India , Dublin, Ireland , Israel , Italy , Mexico , Netherlands , New Zealand , South Africa , Spain and

2240-589: The mainframe market was in decline as mini and microcomputers , and the Unix operating system gained popularity. Mainframe makers such as Sperry , Honeywell , Burroughs , NCR and Control Data were gradually being forced out of the mainframe market. Both NAS and Amdahl (the other IBM plug-compatible mainframe maker), faced technological and sales pressure from IBM. National Semiconductor and its subsidiary NAS were sued in 1983 by IBM for $ 2.5 billion on charges of using computer technology secrets stolen from IBM, as

2296-652: The network, desktops, laptops, servers, telephones, video-conferencing, satellite transceivers, and overall management of the intranet. Following on to the NMCI type of services, EDS in March 2005 won a US$ 4 billion (~$ 6 billion in 2023) contract with the UK Ministry of Defence to "consolidate numerous existing information networks into a single next-generation infrastructure ... The network will provide seamless interaction between headquarters, battlefield support and

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2352-481: The operation of part or all of a client's computer and communications infrastructure, such as networks , mainframes , " midrange " and Web servers , desktops and Laptops , and printers. Applications services involves the developing, integrating, and/or maintaining of applications software for clients. Business process outsourcing includes performing a business function for a client, like payroll, call centers, insurance claims processing, and so forth. EDS established

2408-436: The origins of the company had a history that stretched back to Itel, an early player in the mainframe market. Intel's Computer Products Group sold National Semiconductors' IBM plug compatible mainframes . In 1979 National Semiconductor took over Itel and formed National Advanced Systems (NAS). NAS shifted from manufacturing mainframes and began marketing systems from Hitachi. In 1999, Hitachi bought out EDS's share, and HDS became

2464-453: The primary array's buffer is exhausted, it starts flagging tracks on the primary to be duplicated to the secondary when bandwidth permits. Related products include: Hitachi Data Systems has four types of partners: Technology, Global Systems Integrators, Hitachi TrueNorth Partners, and Hitachi TrueNorth Advisor Partners. Fortune 100 The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of

2520-652: The result of an investigation by the United States Government into National's collaboration with Hitachi. Hitachi settled with IBM and licensed the mainframe operating system software from IBM. In 1983, NAS ceased manufacturing its line of mainframes (which had Hitachi processors) and became a reseller of Hitachi's mainframe and data storage products. Hitachi Data Systems (HDS) was founded in 1989 when Hitachi and Electronic Data Systems (EDS) acquired National Advanced Systems (NAS) from National Semiconductor and renamed it Hitachi Data Systems. Before that,

2576-482: The transaction were unanimously approved by the HP and EDS boards of directors. The transaction closed on 26 August 2008. The companies' collective services businesses, as of the end of each company's 2007 fiscal year, had annual revenues of more than $ 38 billion (~$ 53.8 billion in 2023) and 210,000 employees, doing business in more than 80 countries. In September 2009, HP purchased Lecroix Systems and incorporated it into

2632-481: The world's 4th largest private management consulting firm. In 1996, they became an independent company again and relisted on the New York Stock Exchange . Before the turn of the century they took part in over 1,300 Year 2000 projects. As a part of the move towards being an independent company, EDS asked its employees to assist in the re-branding effort by submitting designs for a new logo. While

2688-481: Was acquired by Hewlett-Packard in 2008. Electronic Data Systems (EDS) was founded in 1962 by H. Ross Perot , a graduate of the United States Naval Academy and a successful IBM salesman who first-hand observed how inefficiently IBM's customers typically were using their expensive systems. Somewhat to IBM's chagrin, since the company wanted to sell as many computers as possible, Perot made

2744-479: Was an engineer with the RAID Systems Division who was involved in developing storage systems. Having total control of the company, Hitachi infused Hitachi Data Systems with its corporate culture, ethics, and practices. On April 6, 2000, Hitachi Data Systems announced a re-organization to focus on storage systems rather than mainframes. Shortly thereafter (June 26, 2000), the first HDS storage product

2800-523: Was contracted by Itel to manufacture IBM-compatible mainframes branded as Advanced Systems. After initial success shipping 200 such systems and net profits of $ 73 million, Itel increased investments and personnel to market its Advanced Systems brand. When Itel requested lower prices to compete with IBM, the CEO of National Semiconductor Charlie Sporck , persuaded Itel to commit to long-term contracts with National Semiconductor and Hitachi. When news leaked that IBM

2856-411: Was first published in 1955. The original top ten companies were General Motors , Jersey Standard , U.S. Steel , General Electric , Esmark , Chrysler , Armour , Gulf Oil , Mobil , and DuPont . The original Fortune 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, Fortune published companion " Fortune 50" lists of

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2912-400: Was founded in 1967 by Peter Redfield and Gary Friedman as an equipment leasing company and initially focused on leasing IBM mainframes. Through creative financial arrangements and investments, Itel began to lease IBM mainframes to customers at lower costs, which led to Itel ranking second to IBM in revenues. In 1977, a joint venture between National Semiconductor and Hitachi formed, and

2968-541: Was providing IT systems in many foreign countries. They were providing information systems for global sporting events including the 1992 Barcelona Olympics , the 1994 FIFA World Cup , and the 1998 FIFA World Cup . In 1994, they signed what was at the time the largest information technology contract with Xerox for $ 3.2 billion (~$ 5.97 billion in 2023) and also bought the New Zealand banking processing company Databank Systems . In 1995 they purchased A.T. Kearney ,

3024-653: Was recognized among the "Best Companies to Work For" in France and Poland in 2011. In 2010 Hitachi Data Systems was accredited by the Best Companies organization in the United Kingdom. Hitachi TrueCopy , formerly known as H itachi O pen R emote C opy (HORC) or Hitachi Remote Copy (HRC) or Hitachi Asynchronous Remote Copy (HARC), is a remote mirroring feature from Hitachi Data Systems storage arrays available for both open systems and IBM z/OS . Truecopy

3080-435: Was releasing a superior line of computers, customers held back purchases of Itel goods, causing Itel's inventory to build up drastically. Hitachi agreed to Itel's request to cut back on shipment, but National Semiconductor insisted that National had blackmailed Itel. In 1979, Redfield was forced to resign as CEO. National Semiconductor took over Itel Advanced Systems' sales and marketing divisions. National Semiconductor renamed

3136-543: Was unveiled, the Freedom Storage Lightning 9900, featuring the crossbar switched architecture to interconnect memory, disks, servers, and other external devices instead of the traditional bus architecture. In addition to HDS sales, HP OEM’d and Sun resold the 9900 and succeeding generations, which had additional capabilities such as virtualization of external Hitachi and third-party storage systems to form storage pools. In January 2001, HDS announced

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