IT Services Companies Receive Certifications, and Announce Acquisitions and Expansions Plans, New Contracts and Results - Research Report on IBM, Accenture, Xerox, ServiceNow, and EPAM Systems

Thu Aug 15, 2013 8:00am EDT

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IT Services Companies Receive Certifications, and Announce Acquisitions and Expansions Plans, New Contracts and Results - Research Report on IBM, Accenture, Xerox, ServiceNow, and EPAM Systems

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PR Newswire

NEW YORK, August 15, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting International Business Machines Corporation (NYSE: IBM), Accenture plc (NYSE: ACN), Xerox Corporation (NYSE: XRX), ServiceNow, Inc. (NYSE: NOW), and EPAM Systems, Inc. (NYSE: EPAM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

International Business Machines Corporation Research Report

On August 12, 2013, International Business Machines Corporation (IBM) announced that it was the first Company to receive certification under the new Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) system. IBM reported that the CBPR system was developed to establish consistent privacy protections for individuals, regardless of where their personal information is processed across the APEC region. Christina Peters, Chief Privacy Officer of IBM, stated, "This certification demonstrates IBM's commitment to protecting individuals' data privacy. CBPR rules will become the foundation of a globally-accepted system that enables data to be shared throughout different regions with strong and trustworthy privacy protections." The Full Research Report on International Business Machines Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/1c4d_IBM]

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Accenture plc Research Report

On August 12, 2013, Accenture plc (Accenture) announced its plan to acquire PRION Group, a leading consulting and systems integrator that specializes in Siemens Product Lifecycle Management (PLM) Software. According to Accenture, acquiring PRION Group will strengthen the Company's PLM skills and enhance its ability to help clients deliver products to customers faster and more efficiently. Elaborating on its plans, Koen Deryckere, Senior Managing Director of Accenture, commented, "With manufacturing companies spending as much as 25 percent of their revenues on innovation and product development, PLM can help them avoid investments in products that are either late to market or don't fully address customer requirements. The combination of PRION Group's PLM specialist skills and Accenture's industrialized delivery methodologies and global scale will help clients tackle the fragmented system and process landscape in the product development space, which many companies face today." The Full Research Report on Accenture plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/c6f0_ACN]

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Xerox Corporation Research Report

On August 5, 2013, Xerox Corporation (Xerox) announced that it has selected Webster for its planned expansion of global toner production capacity. Xerox reported that the project will lead to an additional investment of approximately $35 million in the emulsion aggregation (EA) toner plant in Webster, N.Y. Richard Schmachtenberg, Senior Vice President of Consumables Development and Manufacturing at Xerox, said, "As a global manufacturer of toner, we considered options around the world, but tax abatement incentives from the County of Monroe Industrial Development Agency and a grant from Empire State Development contributed to making Webster the most cost effective location to build additional manufacturing capacity." The Full Research Report on Xerox Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/fe69_XRX]

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ServiceNow, Inc. Research Report

On August 5, 2013, ServiceNow, Inc. (ServiceNow) announced that Partner Communications Company Ltd. (Partner Communications) has chosen ServiceNow software-as-a-service to transform the service experience for its customers and suppliers. ServiceNow reported that Partner Communications will combine more than 10 separate systems across IT and Engineering divisions into a single system of record. Hezi Rosenberg, Business Analyst Department Manager of Partner Communications, stated, "During the selection process, we initially started with four different vendors but discovered that only ServiceNow has the robust functionality that will allow us to consolidate all our existing tools, create a single system of record for our two divisions and eliminate inconsistencies in our processes." The Full Research Report on ServiceNow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e3e9_NOW]

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EPAM Systems, Inc. Research Report

On August 8, 2013, EPAM Systems, Inc. (EPAM Systems) released its Q2 2013 financial results. The Company's revenues were up 28.3% YoY to $133.2 million. GAAP Income from operations was up 4.2% YoY to $17.5 million. Net income was up 6.0% YoY to $14.1 million, while diluted EPS remained flat year-on-year at $0.29. Further, EPAM Systems reiterated its full-year 2013 guidance of revenue growth in the range of 23% to 25% YoY, and non-GAAP net income growth in the range of 12% to 15% YoY, with an effective tax rate of approximately 20%. The Full Research Report on EPAM Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ac42_EPAM]

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