Unisys Expands Alliance With Microsoft On Cloud Security

Information technology firm, Unisys Corporation (NYSE:UIS) recently announced the expansion of its global alliance with Microsoft Corporation (NASDAQ:MSFT) . Following the extension of the collaboration, the companies will work toward finding new solutions to enhance cloud cyber security.

Unveiling Stealth

Unisys is showcasing Stealth (cloud), which is used in Microsoft Azure, a leading cloud platform used by 85% of Fortune 500 companies across 140 countries, at the Gartner Security & Risk Management Summit. This is the first time that the company is going to publicly demonstrate its newly interoperable, cloud security technology for clients. The purpose of this demonstration is also to ascertain the prospects of Stealth in the public and private sectors.

Unisys and Microsoft Tie-Up

Demand for advanced cloud security technology is growing at a rapid pace, and the Unisys and Microsoft tie-up will help clients get an edge over their peers. Per a market research by MarketsandMarkets, the cloud security technology market is expected to grow to $8.71 billion globally in 2019, with an estimated CAGR of 15.7% between 2014 and 2019.

Leading companies across various industries require advanced cyber security solutions to help protect their eco-systems in the cloud. The collaboration will help both Unisys and Microsoft to engage with clients, prospects and thought leaders as they demonstrate their joint technology solutions. In addition, the companies are looking forward to advancing the technology and arriving at new solutions.

These solutions will provide customers both flexibility and assurance. As part of the collaboration, Unisys will build solutions with Microsoft on Azure that will aid customers expand protection in a cost-effective way.

Expanding upon Microsoft's security built into Azure, Stealth adds extra security measures, unifies security management for enterprises using the cloud and creates a highly competent link for conveying workload to Azure in a safe, efficient and lucrative manner.

The Stealth software utilizes encryption and identity-driven micro-segmentation techniques. Even if rivals break into one micro-segment, they would not be able to move across to other parts of the enterprise environment.

Based in Blue Bell, PA, Unisys specializes in securing client operations, increasing efficiency of data centers, enhancing support to their end users and constituents and modernizing their enterprise applications. The company has over 20,000 employees serving clients around the world.

Unisys currently has a Zacks Rank #5 (Strong Sell). A couple of better-ranked stocks in the industry include EarthLink Holdings Corp. (NASDAQ:ELNK) and CoStar Group Inc. (NASDAQ:CSGP) , both sporting a Zacks Rank #1 (Strong Buy).