By combining two technology-consulting giants, DXC is on a mission to transform businesses and build value in the digital age.
Innovation, agility, disruption, paradigm shifts and exponential organization—these phrases have become increasingly common across industries. And at their core, they’re about driving transformation. So is DXC Technology (NYSE: DXC), the new company created by the marriage of IT-solutions leaders CSC (NYSE: CSC) and the Enterprise Services segment of Hewlett-Packard (NYSE: HPE).
On April 3, 2017, the two operations officially merged into one of the largest IT-solutions providers on the planet. As DXC Technology, its mission is to turn digital innovation and a global network of relationships into the next generation of business-building solutions.
“The DXC Technology name reflects our mission, which is leading clients on their digital-transformation journeys,” says Mike Lawrie, company chairman, president and CEO. “The X is a reference to the company being a force multiplier, enabling clients to seize the opportunities presented by today’s rapidly changing technologies.”
Lawrie, whose background includes time at technology giant IBM (NYSE: IBM) and a stint at the helm of U.K.-based Misys, has an impressive track record of charting and executing exactly those transformations. He arrived at CSC in 2012 and oversaw a radical restructuring of the massive, client-focused company, bringing in a new leadership team while identifying key business segments and global partnerships with the other leading technology companies. oversaw a transformative turnaround that introduced a fresh focus on clients, a new leadership team and operating model, key business growth segments and global partnerships with the other leading technology companies.
The new company is ready to expand on that track record of success. DXC will offer its 6,000 enterprise and public sector clients in 70 countries a host of next-generation solutions in nine business segments: Application Services; Big Data & Analytics; Business Process Services; Cloud, Workload Platforms & ITO; Consulting; Cybersecurity; Enterprise & Cloud Apps; Industry Software & Solutions; and Workplace & Mobility. Application Services, Analytics, Business Process Services, Cloud Workload Platforms & ITO, Consulting, Security, Enterprise & Cloud Apps, Industry Solutions & Services and Work Place & Mobility.
To support clients, the 170,000-employee firm has a network of global delivery and data centers offering a suite of IT services and resources. The company has specialized IP and leadership in supporting mission-critical environments in insurance, healthcare & life sciences, transportation, and banking & financial services along with proven domain experience in a broad cross-section of industries.
“Our world-class talent becomes part of our clients’ teams, innovating with them and putting the right technology to work for their organizations,” Lawrie says. “And we invest in building collaborative client relationships that flex and grow to help meet new challenges with confidence, speed and agility.” DXC also owns industry-leading subsidiaries that help power an enormous array of business technology. Australia-based UXC, for example, provides enterprise application capabilities for Microsoft Dynamics, SAP, Oracle and many other companies. Xchanging, also a recent acquisition, powers the global insurance industry with propriety software and processing services.
A truly global company, DXC has 170,000 employees, operating out of 85 delivery centers and 95 data centers. And while global, DXC is also a local partner to its clients, with industry-leading subsidiaries to support a wide array of business technology in diverse markets. Australia-based UXC, for example, provides enterprise-application capabilities for Microsoft Dynamics, SAP (NYSE: SAP), Oracle (NYSE: ORCL) and many other companies. And Xchanging, a recent acquisition, powers the global insurance industry in Europe and the Americas with proprietary software and processing services. These resources represent a key part of the DXC experience, says Lawrie.
To foster value-driven transformation, the company has created the DXC Partner Network. Made up of more than 250 industry leaders, the network is structured to facilitate and optimize collaborative relationships. In an ever-changing landscape, finding the right partners to address new challenges can be critical to managing risk, says Lawrie.
The partner network has another advantage for DXC: It provides freedom and flexibility to draw on cutting-edge technologies and the innovations of market leaders to find the right solutions for clients. For DXC, those partnerships work both ways. The company has a joint venture with HCL Technologies and Fixnetix to provide software and services to support the capital markets. It has also integrated the CSC Agility Platform with AT&T NetBond, letting clients seamlessly move assets from a Microsoft cloud to an IBM cloud.
The DXC team’s extensive track record of managing technological and operational innovations gives it a skeleton key to a variety of markets, from aerospace and defense to energy and manufacturing. While the breadth of that portfolio may seem daunting to some, Lawrie says it is a positive for DXC.
“In today’s competitive global environment, accelerated transformation requires expertise and vision as well as the ability to minimize risk and increase opportunity,” he says. “DXC Technology is built from two companies with collaborative cultures that treat challenges as opportunities to create value for us and for our partners. It’s in our DNA. Now we’re ready to build more value than ever.”