DXC Technology to Lead Digital Transformation and IT Modernization for DIRECTV

Rhea-AI Summary

On June 2, 2022, DXC Technology announced a multiyear contract with DIRECTV to enhance and modernize its IT systems. The partnership, extending over 25 years, focuses on IT outsourcing services that upgrade infrastructure and program management. This initiative aims to reduce costs, improve automation and security, and enhance reliability in billing and customer management systems. Additionally, it supports cloud migration and infrastructure modernization to drive customer retention and expansion opportunities.

Positive

• Awarded a multiyear contract to enhance DIRECTV's IT systems.
• Expands a long-term customer relationship spanning over 25 years.
• Improvements include cost reduction, automation, and enhanced security.

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• None.

ASHBURN, Va., June 2, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been awarded a multiyear contract to enhance and modernize mission-critical IT systems for DIRECTV, America's leading video entertainment provider. DXC will deliver IT outsourcing services to enhance program management and modernize DIRECTV's infrastructure, enabling the delivery of new and innovative entertainment experiences to its customers. 

The agreement is part of the major expansion of a customer relationship that has spanned more than 25 years. The comprehensive, integrated technology effort will support back-office operations, enhance automation and security, retire legacy systems, and reduce costs. The resulting improvements will support the reliability of DIRECTV's billing and customer relationship management systems and the consolidation of data centers with planned migration to the cloud.

"Our work with DXC Technology is helping us modernize and simplify our infrastructure to bring DIRECTV innovative solutions while optimizing our costs and meeting aggressive timelines," said Jennifer Tillson, Chief Information Officer, DIRECTV.

DXC will also provide risk management solutions, testing, storage and backup services. As a result of the expanded relationship, DIRECTV's infrastructure will be even more secure and reliable, driving customer retention and expansion opportunities.

"DXC is proud to be expanding our long-term relationship with DIRECTV and to be a vital partner in their digital transformation and modernization," said Vinod Bagal, president, Cloud and Infrastructure Services, DXC. "We are excited to collaborate with DIRECTV, leveraging Cloud Right™, DXC's industry-leading approach to infrastructure modernization to accelerate their transformation and get more business value from their IT investments."

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 across the Enterprise Technology Stack to drive new levels of performance, competitiveness, and customer experience. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

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. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the ongoing coronavirus disease 2019 ("COVID-19") pandemic and the impact of varying private and governmental responses that affect our customers, employees, vendors and the economies and communities where they operate. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2022, 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 presentation or to reflect the occurrence of unanticipated events, except as required by law.

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SOURCE DXC Technology Company

FAQ

What is the significance of DXC's contract with DIRECTV?

The contract signifies a major upgrade and modernization of DIRECTV's IT systems, enhancing efficiency and customer experience.

When was the contract between DXC and DIRECTV announced?

The contract was announced on June 2, 2022.

What services will DXC provide to DIRECTV?

DXC will offer IT outsourcing services, risk management, testing, storage, and backup services.

How long has DXC been in partnership with DIRECTV?

DXC has been in partnership with DIRECTV for over 25 years.

What are the expected outcomes of the contract for DIRECTV?

The contract aims to modernize infrastructure, reduce costs, and improve reliability in billing and customer management.