DXC Technology

DXC Technology

IT services for enterprise modernization and management

About DXC Technology

Simplify's Rating
Why DXC Technology is rated
C-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consulting

Enterprise Software

Company Size

10,001+

Company Stage

IPO

Total Funding

$14.6M

Headquarters

McLean, Virginia

Founded

2017

Overview

DXC Technology provides IT services to large enterprises, focusing on modernizing their critical systems and operations. The company uses the Enterprise Technology Stack to enhance IT infrastructure, optimize data architectures, and ensure security across various cloud environments, including public, private, and hybrid. DXC operates on a contractual basis, offering consulting, system integration, and managed services to help clients improve their IT operations. What sets DXC apart from competitors is its strong commitment to innovation, sustainability, and corporate responsibility, which has earned it recognition as one of the Most Responsible Companies. The goal of DXC Technology is to be a trusted partner for enterprises, helping them achieve scalable and secure IT solutions while promoting inclusion and diversity within its workforce.

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Simplify's Take

What believers are saying

  • DXC's Quercus AI platform collaboration enhances its AI-driven business solutions.
  • Patrick Thompson's appointment boosts DXC's enterprise transformation capabilities.
  • DXC's top ranking in European IT Sourcing Study reflects growing customer satisfaction.

What critics are saying

  • Emerging IT service providers in Europe threaten DXC's market share.
  • Rapid technological changes may outpace DXC's adaptation capabilities.
  • Talent war in tech industry could increase DXC's operational costs.

What makes DXC Technology unique

  • DXC Technology is a Fortune 500 global IT services leader.
  • The company excels in modernizing mission-critical systems for large enterprises.
  • DXC's Enterprise Technology Stack ensures security and scalability across cloud environments.

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Funding

Total Funding

$14.6M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!

Acquisition Funding Comparison Coming Soon

Company News

PR Newswire
Feb 5th, 2025
Dxc Named Top Three It Vendor In Europe By Whitelane Research; Leads All Providers In The Public Sector

DXC improves rankings for third consecutive year, demonstrating commitment to customer success ASHBURN, Va., Feb. 5, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has affirmed its status as a leading IT service provider in Whitelane Research's 2024/2025 European IT Sourcing Study. DXC achieved a top-three ranking for overall customer satisfaction, moving up from fourth place last year. Additionally, DXC was ranked first in the Public Sector

Stock Titan
Aug 19th, 2024
DXC Technology Awarded on Forbes list of World';s Best Management Consulting Firms 2024

DXC Technology (NYSE: DXC) has been recognized on Forbes' list of the World's Best Management Consulting Firms 2024.

Startup Italia
Aug 15th, 2024
L’Avanzata Delle Unstoppable Women 2024, Quelle Innovatrici D’Italia Che Guidano Il Cambiamento E Guardano Al Futuro

Come ogni Ferragosto da ormai tanti anni è imperdibile la nostra personale lista (in costante aggiornamento e incompleta per definizione) delle Unstoppable Women. Creative, imprenditrici, investitrici, ricercatrici, manager, professioniste, startupper e molte altre. Insomma, l’innovazione declinata al femminile. Ci segnalate i profili che secondo voi non possono mancare?Ha ancora senso parlare di leadership al femminile? E perché ancora oggi ci scontriamo con vecchi pregiudizi e nuove sfide?. Come da tradizione il 15 agosto pubblichiamo la nostra personale lista (non completa e sempre in aggiornamento) di donne da seguire sui temi dell’innovazione in Italia: fondatrici, manager, attiviste, ricercatrici, ma non solo. Negli anni la lista si è allargata sempre di più per approfondire e raccontare le tante storie di sportive, artiste, scienziate, professioniste che si distinguono per il loro impegno e che troppo spesso vivono dietro le quinte e risultano invisibili

Stock Titan
Jul 23rd, 2024
DXC Technology Recognized by Newsweek as one of America';s Greatest Workplaces for 2024

DXC Technology, a Fortune 500 global technology services provider, has been recognized by Newsweek as one of America's Greatest Workplaces for 2024.

PR Newswire
Jun 3rd, 2024
DXC Technology Bolsters Leadership with Kaveri Camire as Chief Marketing Officer

DXC Technology bolsters leadership with Kaveri Camire as Chief Marketing Officer USA - english.

PR Newswire
May 17th, 2024
Dxc Technology And Ferrovial To Co-Create New Generative Artificial Intelligence Platform

Quercus will help organizations adopt Generative AI to accelerate innovation and optimize business processesASHBURN, Va., May 17, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, will work with Ferrovial (NASDAQ: FER), one of the world's leading infrastructure companies, and Microsoft to jointly develop the generative Artificial Intelligence (AI) platform Quercus.Quercus, which uses platform engineering principles as its foundations, will help organizations around the world to integrate secure, responsible AI solutions throughout their business operations to automate processes for improved profitability and efficiency.DXC will standardize Quercus and offer it as an innovative AI solution for its global customers, tailoring the platform to meet individual customer needs. This will reduce the time required to create bespoke AI solutions and empower organizations to be more agile in deploying and realizing the benefits of generative AI to gain a significant competitive advantage in their industries.Together, the three organizations will also accelerate and scale the adoption of generative AI as part of Ferrovial's transformation to improve its internal operations and market offerings.DXC will be responsible for evolving, maintaining, and commercializing Quercus, which will run on Microsoft's Azure and OpenAI technology."This agreement marks a milestone in the advancement of AI-supported business services. Our unique collaboration with Ferrovial and Microsoft promises to revolutionize the way technology solutions are developed and applied within generative AI. We are confident Quercus will provide value to our customers and give them a significant competitive advantage in the market," said Howard Boville, Executive Vice President, Consulting & Engineering Services at DXC Technology.Ferrovial has begun to implement an early version of the Quercus platform for its customers, creating an AI virtual assistant to support key business activities including human resources, health & safety, tenders, and cybersecurity intelligent agents."With DXC and Microsoft, we aim to roll out this platform widely across the market to optimize processes, generate designs, simplify applications for employee's health and safety, and, generally, improve operations," said Dimitris Bountolos, CIIO of Ferrovial. "It will also enable us to accelerate the transformation of our own operations and has already helped us to evolve our AI market offering from a project-based approach to industrialized capabilities that foster greater innovation and business value."Quercus will be able to integrate with mission critical business systems and coordinate with other generative AI models to maximize its potential performance impact for customers."Microsoft has strategic relationships with both Ferrovial and DXC, and we are very pleased to work with both companies on this initiative based on our Responsible AI technology. To ensure that the technology is integrated into our society both effectively and ethically, we believe that AI solutions must be designed and deployed bearing in mind critical aspects such as security, privacy, reliability, fairness, inclusiveness, accountability and transparency," said Alberto Granados, President of Microsoft Spain.Forward Looking StatementsAll 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

PR Newswire
Apr 29th, 2024
Dxc Technology Names Patrick Thompson To Lead Enterprise Transformation

Thompson adds expertise in global enterprise business transformationASHBURN, Va., April 29, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced Patrick Thompson has been named as Senior Vice President, Enterprise Transformation effective April 29, 2024, reporting directly to DXC Executive Vice President and Chief Operating Officer Jim Brady. DXC Technology Names Patrick Thompson to Lead Enterprise Transformation Office (CNW Group/DXC Technology Company). Thompson brings expertise in global enterprise business transformations, turnarounds and integration execution, operational improvement, and global business services integration. Over the past 25 years, he has helped five companies reach Fortune 500 status."We are excited to have Patrick join the team and lead efforts across the company to sharpen our execution and accelerate performance to drive profitable growth," said Brady

PR Newswire
Apr 29th, 2024
Dxc Technology Named A Leader In Everest Group'S Mainframe Services Peak Matrix(R) Assessment 2024

DXC also recognized as a 'Star Performer' following strong year-over-year performanceASHBURN, Va., April 29, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader in Everest Group's Mainframe Services PEAK Matrix® Assessment 2024. It has also been recognized as a Star Performer based on its relative year-over-year movement on the PEAK Matrix®.Everest Group highlighted DXC's expertise with robust mainframe IPs and solutions augmented with next-generation capabilities and automation. The report also profiled DXC's focus on strengthening mainframe services delivery and forging strong customer relations."DXC offers enterprises a pragmatic methodology to migrate business critical mainframe workloads to the cloud in a phased manner, securely and reliably. It has taken steps to expand its mainframe-focused partnership with key hyperscalers, employing an assessment-led modernization strategy," said Zachariah Chirayil, Practice Director at Everest Group. "Enterprises appreciated DXC's client-centric approach and technical prowess in managing mainframe operations."The PEAK Matrix® is a framework to assess cloud providers' relative market success and overall capability. The assessment is based on 5,000+ large multi-year cloud and infrastructure services contracts including mainframe services contracts signed by 17 providers

PR Newswire
Apr 9th, 2024
Consip Taps Dxc Technology To Digitally Transform Italian National Healthcare Sector

DXC to modernize data analytics and application services as part of Italian National Recovery and Resilience Plan (PNRR)ROME, Italy, April 9, 2024 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has signed a framework agreement with Consip to digitally transform the Italian public healthcare sector.Consip is the procurement arm of the Italian Ministry of Economy and Finance (MEF). It operates as Italy's central purchasing body, supporting government organizations in their procurement activities and helping to direct complex and innovative transformation projects. Consip Taps DXC Technology to Digitally Transform Italian National Healthcare Sector (Credit: Adobe)As part of the agreement, DXC will modernize Italy's public healthcare information systems to maximize data analytics capabilities. Deploying innovative and advanced analytics solutions, including artificial intelligence, national healthcare organizations will be able to efficiently manage citizen and patient data, improving their experiences and delivering greater value for public services. "The public healthcare sector has an ever-growing volume of data, applications and systems that need to be carefully managed," said Nicola Mangia, Italy Public Sector General Manager at DXC Technology. "We are helping to develop new models of healthcare services and infrastructure

PR Newswire
Mar 20th, 2024
Dxc Technology Adds Software And Technology Veteran Matt Fawcett To Senior Leadership Team

Fawcett brings 30 years' legal experience to DXC General Counsel Deckelman announces retirementASHBURN, Va., March 20, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced that Matt Fawcett has been appointed Executive Vice President and General Counsel effective April 1, reporting directly to DXC President and Chief Executive Officer Raul Fernandez. Matt Fawcett (CNW Group/DXC Technology Company). Fawcett is a well-respected name in the industry, having advised several leading technology companies throughout his career. He served as General Counsel of NetApp, a Fortune 500 global cloud-led, data-centric software company from 2010 to 2021, and most recently was Executive Vice President and Chief Strategy Officer for the company.  Prior to NetApp, Matt was Senior Vice President and General Counsel for JDS Uniphase. He has built and led global organizations, managed strategic transactions, and is widely recognized as an innovator. The addition of Matt's deep experience in the technology industry coupled with his strategic and business acumen is an important addition to DXC's senior leadership team. Fawcett will replace Bill Deckelman, who has announced his intention to retire on June 1, 2024, after being with DXC for 16 years

DXC Technology
Mar 13th, 2024
DXC Technology recognized by Gartner(R) as a Leader in the 2024 Magic Quadrant(TM) for Outsourced Digital Workplace Services

DXC is one of 7 vendors recognized as a Leader in the report.

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