More than 50 years ago, two computer analysts in the aerospace industry saw the opportunity for a new kind of business. They would provide computer manufacturers with complex programs known as assemblers, compilers and operating systems that made it easier to use the computers. This would expand the potential markets for the products.
Computer Sciences Corporation (CSC) Formed
In April 1959, Roy Nutt and Fletcher Jones, both in their late 20s, formed Computer Sciences Corporation with $100 and a contract from Honeywell to develop a business-language compiler called FACT. Assembling a small staff of talented people, CSC soon gained a reputation for innovative design and high-quality work.
Through its work for numerous computer manufacturers and other large computer users, CSC developed more systems software than any other computer services company in the industry.
CSC went public in 1963 and was listed the following year on the Pacific and American stock exchanges, becoming the first software company to be listed on a national exchange.
Five years later, the company again brought new stature to the emerging software and services industry when it became the first software company to be listed on the New York Stock Exchange.
By 1964, annual revenues totaled $4 million and employees numbered 230. At this point, the founders — joined by William R. Hoover, who would eventually become CSC’s chairman and CEO — made a series of decisions that changed the nature of the company and launched its rapid growth.
The three executives decided to expand CSC’s markets by serving users, rather than manufacturers of computers. They determined that CSC could provide users with technical services to support the development and operation of computer-based information systems.
CSC decided to focus on the largest computer user of all, the U.S. federal government. By expanding the company’s capabilities in new technologies and understanding customers’ requirements, CSC became a major supplier of IT services, a leading integrator of computer and communications systems and a premier developer of custom software. It also became, and remains today, one of the largest computer-services companies in the U.S. federal government market.
In the mid-1980s, CSC’s management saw strong new commercial markets emerging for its services in the areas of systems integration and the management of computer and communications facilities.
The early 1990s marked CSC’s entrance into the IT outsourcing market with the award of a $3 billion contract from General Dynamics — one of the first and largest outsourcing awards in the industry. Since then, CSC has expanded our outsourcing offerings to include Web and application hosting and business process outsourcing in a wide array of industries such as financial services, healthcare, chemicals and consumer goods and services.
CSC has grown from two men, $100 and a dream to a global giant with EMPLOYEES employees in over 70 countries worldwide.
While much has changed during our more than 50-year history, one constant remains: CSC’s laser-like focus on working collaboratively with clients to develop the most innovative technology solutions that meet their business needs.
CSC today, with you! Join our team.