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TWST: What is Perot Systems today?
Mr. Freeman: Perot Systems is a worldwide provider of information
technology services and business solutions with $2 billion annual
revenue and approximately 18,000 employees. Our services include
consulting, software applications, business process and technology
infrastructure services, which we can deliver from a worldwide network
with major hubs in North America, Western Europe and Eastern Europe,
India and elsewhere in Asia Pacific. We customize and integrate these
services into solutions that meet the needs of a select set of markets.
Within the private sector, our market focus is primarily on the
healthcare, manufacturing and insurance industries, while our public
focus is on the US federal government. We target markets that have an
attractive growth potential, where our solutions will help participants
better position themselves for growth, optimize their cost structure,
and better serve their customers. Having been founded by Ross Perot in
1988, our company has always adhered to its core values of trust,
integrity and delivering on its commitments. These values are key to our
relationships with our clients, our shareholders and our associates. TWST: What's the agenda for the company over the next 12 months? What
would make that time frame a success?
Mr. Freeman: Successfully executing on our operating plan is the most
important determinant of our success over the next year. We have
positioned our business in areas that have attractive growth dynamics.
In the healthcare industry, which represented 48% of our revenue for the
second quarter 2006, we have developed solutions that support
initiatives to change the way that patient care is delivered. For the
US federal government, the professional services we provide help with
the implementation of the President's management agenda and overcoming
the human capital crisis, especially as it relates to the large
percentage of the civilian workforce becoming eligible for retirement
over the next several years. Our operations in India, Eastern Europe,
and the Philippines provide our private sector clients with a high
quality, but lower cost delivery alternative in a business environment
where there is almost continual pressure to reduce costs. We also have
some markets where we are developing the growth areas of tomorrow. These
areas are contributing to our growth today, but we believe they can make
a larger contribution in the future. Our exposure to attractive growth
areas, continuing to be disciplined in the new business arrangements we
enter, meeting client deliverables and continuing to optimize our cost
structure are the most important factors in determining our success over
the next year.
Tickers included in this excerpt: PER
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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