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DXC Technology Officially Debuts

Focuses on creating greater value for clients, partners and shareholders, growth opportunities for employees;

DXC Technology, the new organization created by the merger of CSC with the Enterprise Services business of Hewlett Packard Enterprise (HPE), publicly debuted today as the world’s leading independent, end-to-end IT services company.

The new company today began trading on the New York Stock Exchange under the trading symbol “DXC.”

“Technology is transforming business and industry at an extraordinary pace, and DXC Technology will help clients to thrive on change,” said Mike Lawrie, DXC Technology chairman, president and chief executive officer. “Our goal is to produce greater value for clients, partners and shareholders, along with compelling career opportunities for our people.

“Together with our partners, we help clients harness the power of innovation to create new business outcomes,” Lawrie continued. “Our technology independence, extensive partner network, and world-class talent are core differentiators. We begin the new chapter in our journey knowing that collectively we have met the challenges of innovation many times before, and with a clear and confident vision for navigating the future.”

DXC Technology has established a differentiated operating model to deliver a seamless client experience as technology solutions are built, sold and delivered. With $25 billion in annual revenues, DXC Technology has nearly 6,000 enterprise and public sector clients in 70 countries, an expansive global partner network and approximately 170,000 employees.

Digital Offering Families, Deep Industry Experience, Partner Network, Global Footprint

With more than 60 years of experience serving the largest public and private enterprises in the most mission critical environments, DXC Technology delivers world-class digital offerings developed jointly with its Partner Network. These include Cloud, Workload, Platforms & ITO; Workplace and Mobility; Security; Analytics; Application Services; Enterprise and Cloud Apps; Consulting; Business Process Services; and Industry Software and Solutions.

In addition to exclusive IP for a variety of sectors including insurance, healthcare & life sciences, and travel & transportation, DXC Technology also has deep experience in aerospace & defense, automotive, chemical, communications, media & entertainment, consumer products & retail, energy, manufacturing and technology.

DXC Technology has established more than 250 industry-leading global Partner Network relationships, including 14 strategic partners: Amazon Web Services, AT&T, Dell EMC, HCL, HPE, HP, IBM, Lenovo, Micro Focus, Microsoft, Oracle, PwC, SAP and ServiceNow.

The new company will operate in six global regions: Americas; United Kingdom & Ireland, which includes Israel; North & Central Europe; Southern Europe; Asia, Middle East & Africa; and Australia and New Zealand. Its U.S. Public Sector business (USPS) provides IT services to U.S. federal, state and local governments. Its CeleritiFinTech joint venture with HCL Technologies serves banking and capital markets. DXC Technology subsidiaries include Fixnetix, Fruition Partners and Xchanging.

“DXC India is a hotbed of innovation, with over a third of the global workforce based out of India, spread across nine cities and delivering end-to-end solutions to over 1,000 clients across all geographies,” said Sreekanth Arimanithaya, Senior Vice President, Integrated Workforce Management and India Co-Managing Director. “Our centers of excellence in established as well as next-generation technologies – combined with our technology independence – result in greater client confidence in our ability to deliver solutions that are most appropriate to their current requirements as well as future business needs.”

“In the era of the smart enterprise, organizations are looking at technology to help achieve business success,” said Samson David, Senior Vice President, Commercial Delivery, Offering Delivery & Transformation and India Co-Managing Director. “Our combined experience (CSC & Enterprise Services) in managing large and complex client deployments, an employee base of over fifty thousand professionals, together with being compliant with industry-leading certifications makes DXC Technology India a business transformation partner of choice for global customers.”

“To meet growing business demands and capitalize on market opportunities, organizations in India are looking at technologies such as Cloud, IoT, Analytics and Big Data to help bring about digital transformation,” Said Marshal Correia, Managing Director, India Sales & Coverage Leader. “With strong IP in industries such as Insurance and Healthcare, DXC Technology India will be in a position of strength to serve a large client base across Insurance, Healthcare and Manufacturing, Public Sector, Travel and Transportation too. We see tremendous long-term growth opportunity in the country to help customers thrive on change with DXC Technology’s next-generation portfolio of IT services and solutions.”

Pradeep Khurana, Executive Vice President & Chief Information Officer, SBI Card, commented, “HPE has been our partner for over a decade, bringing together solution elements of compute, storage, network and data centre management. With increased focus on services, DXC Technology is set to take it to the next level.”

Pravin Srivastava, Deputy Director General (Employment), Ministry of Labour & Employment, Government of India, added, “The HPE team has worked with us in delivering the NCS portal within the stiff timelines while providing a well-integrated technology platform complying to the applicable standards. We are hoping a similar standard to delivery will be maintained going forward as we work with DXC. Wishing DXC the very best for the future”

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