Unisys Wins Recognitions, Shares Flat

Unisys (NYSE: UIS) shares barely moved Thursday, on the announcement the company has been named a global leader in ISG's 2024 Advanced Analytics and AI Services Provider Lens™. Demonstrating exceptional performance, Unisys excelled across three key quadrant reports: Advanced Business Intelligence (BI) and Reporting Modernization Services; Data Science and AI Services – Midsize; and Data Modernization Services – Midsize. This recognition highlights the company's delivery of innovative, impactful AI solutions and commitment to strategic growth."At Unisys, we are committed to pioneering a new era of generative AI solutions that deliver substantial, high-impact results while maintaining the highest standards of security, compliance, and data privacy," said Brett Barton, vice president and global AI practice leader at Unisys. "This prestigious accolade showcases our leadership in leveraging data as a strategic asset and enabling organizations to achieve unparalleled growth, innovation and value, to shareholders, employees and customers."Key strengths highlighted in the report for Unisys include:• Enhanced BI reporting and collaboration: Unisys ensures that insights are accessible and understandable, fostering a culture of data-driven decision-making.• Transformation of legacy systems into modern, cloud-based platforms: Unisys excels in modernizing systems to meet the evolving demands of the digital landscape.• Comprehensive and innovative offerings: Unisys provides diverse solutions such as machine learning operations (MLOps) and virtual assistants, showcasing adaptability and innovation at the forefront of AI advancements.UIS shares dipped a penny to $7.06.