Dxc Technology Stock Price, News & Analysis

DXC Technology (NYSE: DXC) has appointed Sandeep Bhanote as the Financial Services Industry Leader for its Consulting & Engineering Services - Powered by AI (CES) division. Reporting to Howard Boville, DXC President of CES, Bhanote will lead the Financial Services vertical, focusing on driving growth through AI-powered solutions.

Bhanote brings significant experience from his recent role as Vice President and General Manager at Clover by Fiserv, where he led go-to-market strategy and revenue growth. His entrepreneurial background includes co-founding Radius8, which was acquired by Fiserv in 2021, and Global Bay Mobile Technologies, acquired by VeriFone in 2011.

DXC Technology (NYSE: DXC) has appointed Anders Lange as Chief Procurement Officer, reporting to Chief Administrative Officer James Walker. With over 15 years of leadership experience in procurement and supply chain management, Lange joins DXC from Bloomberg, where he served as Global Head of Procurement.

In his new role, Lange will lead DXC's global procurement function and spearhead transformation initiatives, including expanding AI adoption to streamline processes and drive growth. His previous experience includes procurement leadership positions at LEO Pharma, Diageo, and Carlsberg Breweries, along with serving as a guest lecturer at Copenhagen Business School.

DXC Technology (NYSE: DXC) has been named a Leader in Gartner's 2025 Magic Quadrant for Outsourced Digital Workplace Services for the third consecutive year. The company's Modern Workplace Services, which include Modern Device Management, Support Services, Intelligent Collaboration, and Asset Management, are powered by an AI-driven Experience Platform.

The company serves over 700 customers across 68 countries, delivering impressive results including:

• 15+ hours of monthly productivity gains per user
• 50% reduction in mean time to resolve issues
• 50% of device issues solved before employee impact

Chris Drumgoole, President of Global Infrastructure Services at DXC, emphasized their commitment to creating optimal workplace solutions that enhance connectivity, creativity, and achievement while improving operational efficiency and resilience.

DXC Technology (NYSE: DXC) has appointed T.R. Newcomb as Chief Revenue Officer, effective immediately, reporting to CEO Raul Fernandez. Newcomb joins from Riskified, where he served as SVP of Strategy and Corporate Development.

In this newly created role, Newcomb will be responsible for sales effectiveness and oversee DXC's global unified salesforce. His mandate includes deploying specialist resources globally, bringing client insights to offering teams, and accelerating the introduction of new offerings to expand DXC's market footprint.

Newcomb brings over 20 years of experience in technology and financial services, with expertise in new market expansion, business development, product development, and cross-functional collaboration. He holds degrees from Harvard University and The Wharton School.

Vision Bank, a Sharia-compliant digital bank in Saudi Arabia, has successfully launched its pilot phase operations using Finastra Kondor and cloud-based managed services from DXC Technology (NYSE: DXC). The implementation enhances the bank's treasury trading and risk management capabilities.

The solution provides sophisticated functionality for asset and liability management, liquidity management, trading and investment, foreign exchange, capital adequacy, and reserve management. The cloud deployment aligns with Vision Bank's strategy of improving user experiences while meeting new market demands.

The implementation was important in Vision Bank (formerly Saudi Digital Bank) obtaining no objection from the Saudi Central Bank. The project contributes to the Financial Sector Development Program under Saudi Vision 2030, positioning the bank as a pioneer in providing seamless, Sharia-compliant banking solutions.

DXC Technology (NYSE: DXC) has been selected by Parfois Group, a Portuguese fashion brand, to enhance customer experience through data-driven personalization. The partnership involves implementing the Snowflake data platform to analyze customer data using predictive AI models.

Parfois, operating over 1,000 stores across 67 countries with a growing online presence, will leverage DXC's expertise to improve operational efficiency and customer experience. The solution will provide real-time data analysis and management indicators through navigation panels, enabling informed decision-making based on customer behavioral patterns.

This collaboration is part of Parfois' global Data Intelligence strategy, focusing on personalizing shopping experiences through data-driven insights. The implementation encompasses analytics platform deployment, data engineering, AI model development, and business intelligence dashboards.

DXC Technology and ServiceNow have expanded their strategic partnership to launch DXC Assure BPM, an AI-powered insurance solution. The new offering combines DXC's insurance expertise with ServiceNow's AI platform to modernize the insurance industry.

The solution aims to reduce up to 40% of operational costs typically spent on manual processing by integrating AI, data, and workflows across the entire policy lifecycle. According to HFS Research, 45% of insurers are already investing in technology-driven alignment of their operations.

DXC Assure BPM features include purpose-built workflows based on DXC's 40+ years of insurance experience, full integration with DXC Assure Platform, an AI-driven self-service portal for policyholders, and enhanced AI capabilities for automated policy administration.

DXC Technology (NYSE: DXC) has appointed Pat McClanahan as Global Leader of Business and Sales Operations for Consulting & Engineering Services (CES), reporting to CES President Howard Boville. McClanahan, a former Navy Captain with 24 years of service, joins DXC from his recent position as Chief Operating Officer at the Federal Reserve Board of Governors.

In his new role, McClanahan will oversee DXC's global business and sales operations within CES, focusing on transformation initiatives, workforce productivity enhancement, sales optimization, and strategic alignment of AI-powered consulting and engineering services. His extensive leadership experience includes serving as Vice President for People Operations and Strategy at Gannett, managing a workforce of over 15,000 employees.

DXC Technology (NYSE: DXC) has announced the promotion of Jennifer Ragone to Chief People Officer, reporting directly to President and CEO Raul Fernandez. In her new role, Ragone will lead DXC's global people strategy, focusing on driving profitable growth through innovative talent solutions.

Previously serving as Vice President of Business HR at DXC, Ragone has demonstrated expertise in leveraging AI and data analytics for talent development. Her responsibilities will include strengthening the workforce, preparing employees for the future of work, and fostering an inclusive, value-driven culture centered on client centricity, accountability, and performance excellence.