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  • Thursday, April 18, 2024

Mike Lawrie: CSC Pushing For Cloud, Cyber, Big Data Business Mix

Mike Lawrie
Mike Lawrie

Computer Sciences Corp. (NYSE: CSC) is increasing its investments in target areas of cloud computing, cybersecurity and big data to pursue growth, CEO Mike Lawrie said Tuesday.

According to the Washington Business Journal, Lawrie said during an earnings call with investors that the company saw increases in those three areas for its third quarter 2013 earnings.

Cloud and big data could become $1 billion businesses over the next several years, Lawrie told investors, according to the report.

Jill Aitoro writes the company has won $400 million public sector and commercial cloud awards year-to-date, 200 percent more than the prior year period.

Cyber awards have increased 17 percent to $480 million year-to-date, Aitoro writes.

The company’s total revenue for the quarter increased 2.8 percent over the prior year period.

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