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DXC Technology Launches Groundbreaking DXC Fast RISE with SAP to Expedite S/4HANA Value for Customers

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DXC Technology has introduced DXC Fast RISE with SAP, aimed at accelerating the implementation of SAP's S/4HANA within a year. This service aims to help businesses achieve quicker time-to-value and lower total cost of ownership. DXC leverages its extensive history and client relationships with SAP to offer first-to-market capabilities and unmatched intellectual property across various industries. The service includes a comprehensive assessment to grasp the full scope of the SAP transformation. DXC's initiative has been awarded the America's SAP User Group (ASUG) Innovation Award for its implementation at Energy Harbor, with further successful deployments in Europe.

Positive
  • DXC Fast RISE with SAP enables SAP S/4HANA implementation in less than 12 months.
  • Service aims to lower the total cost of ownership for businesses.
  • Recognized with the America's SAP User Group (ASUG) Innovation Award.
  • Completed successful deployments in Europe.
  • Broad assessment included to fully understand the scope of SAP transformation.
Negative
  • Potential disruption during the implementation phase.
  • Additional projects may be needed post-assessment, increasing complexity and cost.

Insights

The introduction of DXC Fast RISE with SAP is indicative of a strategic and potentially transformative move for both DXC Technology and its clientele. By accelerating the implementation process of SAP's S/4HANA to less than twelve months, DXC aims to significantly reduce the time-to-value for businesses. This is particularly advantageous in industries where agility and rapid adaptation are critical.

Technological innovation is at the forefront here. The ability to streamline and scale these complex enterprise resource planning (ERP) systems quickly means that companies can avoid prolonged disruption and reduce the overall costs associated with deployment. For companies relying heavily on efficient ERP systems to manage core business processes, such a service enhances operational efficiency and competitive edge.

From a technical standpoint, the emphasis on scalability and minimized disruption will likely appeal to large enterprises dealing with expansive and complex IT landscapes. However, it is important to monitor the real-world efficacy of these claims as clients begin to implement and report their experiences.

For investors, the launch of DXC Fast RISE with SAP could be seen as a positive signal, given the potential for increased revenue streams and improved market positioning. By offering a faster deployment timeline, DXC may attract a broader range of clients looking to modernize their systems without the extensive time and cost traditionally associated with SAP implementations.

Moreover, lower total cost of ownership and faster realization of value are compelling financial benefits. These factors could enhance DXC’s competitive advantage in the IT consulting and services market, potentially driving higher contract values and client retention rates. It is also worth noting the recognition from the America's SAP User Group (ASUG) Innovation Award, which underscores the credibility of the service and may bolster investor confidence.

However, investors should remain cautious and look for concrete financial results in upcoming earnings reports to validate the projected benefits and scalability of this new offering.

From a market perspective, DXC’s initiative to expedite SAP S/4HANA deployments is a strategic play to capture market share in a highly competitive landscape. The ERP solutions market is growing, with increasing demand for cloud-based and agile systems. By reducing the deployment time, DXC not only addresses a critical pain point for many enterprises but also positions itself as a leader in digital transformation services.

The scalability aspect is particularly worth noting. As businesses scale, the ability of their ERP systems to grow seamlessly is crucial. DXC Fast RISE with SAP's promise of minimal disruption is likely to resonate well with enterprises undergoing digital transformation, making this service an attractive option.

Overall, this move could enhance DXC's reputation and influence within the SAP ecosystem, potentially leading to strategic partnerships and expanded market reach. The positive reception in both North American and European markets so far indicates a strong potential for global adoption.

Customers can now implement SAP's S/4HANA in 1 year or less.

ASHBURN, Va., May 31, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced its new DXC Fast RISE with SAP service, which enables customers to dramatically accelerate their S/4HANA projects and to realize the extensive value provided faster than ever before.

DXC Fast RISE with SAP allows customers to complete SAP deployments in less than twelve months so that businesses can achieve quicker time-to-value. The service is designed to be scalable, allowing clients to adapt and grow without significant disruption. By streamlining the implementation process, businesses can lower their total cost of ownership associated with SAP adoption.

"DXC is using its unmatched history and trusted client relationships and with SAP to innovate at a world-class level," said Keith Costello, General Manager and Global SAP Lead. "This solid foundation for the SAP service line underpins our ability to distinguish DXC in the SAP ecosystem as demonstrated by our first-to-market capabilities and unparalleled IP across multiple industries.  With DXC Fast RISE with SAP, we look forward to partnering with clients to deliver the tremendous value of SAP S/4HANA faster."

"At SAP, we're excited to see the growth and investment in the SAP service line within DXC Technology, highlighting its commitment to expanding its global reach with our purpose-built SAP solutions. Our enduring, trusted partnership with DXC forms a solid foundation for global growth and provides an opportunity for DXC to lead with proven delivery capabilities and future-ready innovations," says Lloyd Adams, President of SAP North America.

"DXC Technology's Fast RISE with SAP program includes a broad assessment that helps clients to understand the full scope of the RISE with SAP transformation program. The result may be a 12-month project to migrate legacy SAP systems to S/4HANA in the cloud. It may also include additional projects to address the full scope discovered in the assessment," said Brian Wood, Research Director, IT Consulting and Systems Integration Services, IDC.

DXC recently received the America's SAP User Group (ASUG) Innovation Award for the DXC Fast RISE with SAP implementation at Energy Harbor and have since completed additional deployments in Europe.

To learn more about DXC Fast RISE with SAP, click here.

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's upcoming Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this report or to reflect the occurrence of unanticipated events except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

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SOURCE DXC Technology Company

FAQ

What is DXC Fast RISE with SAP?

DXC Fast RISE with SAP is a service designed to expedite the implementation of SAP's S/4HANA within a year.

How quickly can DXC Fast RISE with SAP implement S/4HANA?

The service aims to implement S/4HANA in less than 12 months.

What are the benefits of DXC Fast RISE with SAP?

Benefits include quicker time-to-value and lower total cost of ownership for SAP S/4HANA implementations.

Has DXC Fast RISE with SAP received any awards?

Yes, it received the America's SAP User Group (ASUG) Innovation Award for its implementation at Energy Harbor.

Are there any completed deployments of DXC Fast RISE with SAP?

Yes, DXC has completed additional deployments in Europe.

What does the DXC Fast RISE with SAP assessment include?

The assessment helps clients understand the full scope of the SAP transformation program.

What company partnerships does DXC leverage for Fast RISE with SAP?

DXC leverages its long-standing partnership with SAP.

What are the potential drawbacks of using DXC Fast RISE with SAP?

Potential drawbacks include disruption during implementation and the possibility of additional projects post-assessment.

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