EDS sees huge growth in Asian IT outsourcing

Electronic Data Systems (EDS) bills itself as the world's leading pure-play global IT services company. By pure-play it means that it isn't coming from a background of selling hardware, or databases. And if its revenues are anything to go by, this strategy seems to be working. EDS reported revenues of $18.5 billion in 1999, and a new business strategy aims to have its revenue from the Asia Pacific region double every two years.