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Overview of DXC Technology
DXC Technology is a vendor-independent IT services provider specializing in comprehensive and integrated technology solutions. Leveraging decades of industry experience, the company offers a broad portfolio that includes cloud computing, security solutions, IT outsourcing, and modern workplace services. DXC Technology excels in combining deep technical expertise with strategic consulting to help global enterprises optimize critical IT systems and achieve operational excellence. With an extensive legacy rooted in the merger of prominent industry players, DXC continues to deliver services that support the digital transformation initiatives of diverse organizations.
Business Segments and Service Offerings
DXC Technology operates primarily through its two distinct segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GIS segment, which is a significant revenue generator, is designed to deliver end-to-end solutions that encompass cloud integration, security frameworks, and IT outsourcing. Meanwhile, the GBS segment focuses on delivering consulting and managed services to address complex business and technology challenges. Using a holistic approach to client engagement, DXC integrates data management, business intelligence, AI, and IoT to extract actionable insights and drive performance improvements.
Industry Partnerships and Technological Innovation
The company is committed to staying at the forefront of technological innovation and strategic alliances. DXC Technology collaborates with industry giants on initiatives that include next-generation AI platforms, secure digital transformation, and intelligent enterprise solutions. These alliances, with partners in cloud, security, and modern workplace transformation, ensure that DXC consistently delivers tailored and scalable solutions for complex business requirements. By standardizing innovative solutions and placing an emphasis on responsible technology integration, DXC advances operational agility and enhanced service delivery for its clients.
Operational Excellence and Global Reach
With a robust global network, DXC Technology operates in multiple regions worldwide, leveraging its extensive talent pool and a diversified partner ecosystem. Its operations are supported by a strong foundation of technical expertise and operational rigor. The company's extensive geographic footprint enables it to cater to the needs of large enterprises and public sector organizations, ensuring that services are both resilient and adaptive to the evolving market landscape. The strategic distribution of its service centers across global regions further reinforces its capability to manage mission-critical systems and IT operations.
Commitment to Client Success and Industry Expertise
DXC Technology has built a reputation for its balanced approach to innovation and operational stability. By focusing on high-value IT solutions and maintaining independence from technology vendors, the company provides unbiased advice and customized services that facilitate digital transformation. Its focus on secure, efficient, and scalable IT infrastructures reflects a deep understanding of the challenges faced by modern enterprises. DXC's comprehensive methodology encompasses strategic consulting, technical modernization, and a commitment to operational excellence, ensuring its customers receive solutions that are timely, effective, and centrally coordinated.
Key Differentiators
- Vendor Independence: DXC Technology’s unbiased approach to IT service delivery ensures that clients receive solutions tailored to their unique requirements without proprietary constraints.
- Integrated Service Model: With synchronized offerings in both Global Business Services and Global Infrastructure Services, DXC provides a seamless, end-to-end technology experience.
- Global Reach and Expertise: Serving a vast array of clients in diverse geographies, the company combines technical depth with local market insights.
- Strategic Partnerships: Its collaborative initiatives with leading technology firms help in deploying innovative, scalable IT solutions for complex operational challenges.
This comprehensive overview underscores the multifaceted nature of DXC Technology and its enduring role in shaping the digital future of global enterprises. The company continues to refine its service portfolio and operational strategies to ensure that businesses can leverage advanced technologies without disruption, thus maintaining operational integrity and competitive relevance in a dynamic market environment.
DXC Technology (NYSE: DXC) will participate in the Citi Global Technology Conference on September 14, 2021. President and CEO Mike Salvino is scheduled for a fireside chat at 9:40 a.m. EDT. The event will be accessible via the 'Events and Presentations' section on DXC's investor webpage at https://investors.dxc.com.
DXC Technology aids global firms in modernizing IT and optimizing operations while ensuring security across various cloud environments, positioning itself as a trusted partner for enterprise technology solutions.
DXC Technology (NYSE: DXC) announced a bond offering, raising
DXC Technology (NYSE: DXC) will participate in Deutsche Bank's annual Technology Virtual Conference on September 9, 2021. President and CEO Mike Salvino is scheduled for a fireside chat at 9:10 a.m. EDT.
The presentation will be accessible on DXC’s investor webpage. As a leader in technology services, DXC helps global companies optimize IT, data architectures, and security.
For more details, visit DXC’s investor page.
DXC Technology (NYSE: DXC) announced the pricing of €1.35 billion in senior notes, including €750 million due in 2027 at 0.450% and €600 million due in 2031 at 0.950%. The issuance aims to refinance existing debt, including a €400 million Euro-denominated term loan and other senior notes, enhancing DXC's capital structure. CEO Mike Salvino emphasized the importance of financial stability in their transformation efforts. The offering is anticipated to close on September 9, 2021, and the notes will not be registered under the Securities Act.
DXC Technology (NYSE: DXC) has appointed Chris Drumgoole as Executive Vice President and Chief Operating Officer, effective immediately. Drumgoole, who joined DXC as CIO in March 2020, will oversee daily operations and support the company’s transformation efforts. His responsibilities will include global supply chain management and IT strategy. CEO Mike Salvino highlighted Drumgoole's positive impact on simplifying IT infrastructure and enhancing employee experiences during the pandemic. With over 20 years in the digital and IT sectors, Drumgoole's extensive background includes leadership roles at GE and Verizon.
DXC Technology (NYSE: DXC) and Mosaic Insurance have launched a cutting-edge insurance technology platform designed to streamline the sale, underwriting, and servicing of specialty insurance. This innovative platform enhances underwriting speed and risk assessment through the integration of DXC’s advanced technology services, including analytics and AI. The platform is entirely cloud native and aims to transform insurance processing while reducing costs. Mosaic’s COO emphasizes the model's capability to automate interactions across the risk life cycle.
DXC Technology (NYSE: DXC) announced its Q1 FY22 results, reporting revenues of $4.141 billion, a decrease of 8.0% year-over-year. Net income improved to $282 million from a loss of $199 million in the previous year. The EBIT margin reached 11.3%, up from (3.2)%. Notably, the company achieved a book-to-bill ratio of 1.12x. For Q2 FY22, DXC anticipates revenues between $4.08 billion and $4.13 billion with organic revenue growth expected at (1)% to (3)%. The company reaffirmed its fiscal year 2024 guidance for positive organic growth and adjusted EBIT margins.
DXC Technology (NYSE: DXC) will release its financial results for Q1 of fiscal year 2022 on August 4, 2021, at 4:15 p.m. EDT. A conference call and webcast will follow at 5:00 p.m. EDT, accessible via U.S. dial-in +1-833-979-2847 and international dial-in +1-236-714-2943 (passcode 4469601). A replay will be available until August 11, 2021. DXC provides IT solutions for global companies, modernizing operations across cloud platforms. The company emphasizes risk factors related to forward-looking statements amid ongoing uncertainties from COVID-19.
DXC Technology has been recognized as a leader in the 2020 ISG Provider Lens™ for Insurance Business Process Outsourcing (BPO) Services in the U.S. This includes Life & Retirement Services, Property & Casualty Services, and Third-Party Administrator Services. The reports assessed 18 vendors based on criteria such as innovation and market presence. DXC's strengths lie in its technology solutions like DXC Assure for Life and Wealth, extensive partner ecosystem, and 35 years of industry experience, which enhances insurance processing and customer engagement.
DXC Technology (NYSE:DXC) announced a virtual Investor Day on June 17, 2021, where CEO Mike Salvino and his team will discuss their transformation journey. The event aims to showcase the company's focus on attracting talent and improving customer relations, which are contributing to stable revenues and expanded margins. DXC emphasized expectations for continued momentum and organic revenue growth in FY22, while reiterating guidance for the first quarter and full year FY22. A webcast will be available on the DXC Investor Relations website.
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