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DXC Technology

#3273

Rank

$3.6B

Marketcap

US United States

Country

DXC Technology
Leadership team

Mr. Michael J. Salvino (CEO, Pres & Chairman)

Mr. Kenneth P. Sharp (Exec. VP & CFO)

Mr. William L. Deckelman Jr. (Exec. VP & Gen. Counsel)

Products/ Services
Information Technology, Insurance
Number of Employees
Above 50,000
Headquarters
Arlington, Virginia, United States
Established
2017
Company Registration
SEC CIK number: 0001688568
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
DXC
Social Media
Overview
Location
Summary
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain rapid insights, automate operations, and accelerate their digital transformation journeys; and software engineering, consulting, and data analytics solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. It also uses various technologies and methods to accelerate the creation, modernization, delivery, and maintenance of secure applications allowing customers to innovate faster while reducing risk, time to market, and total cost of ownership. In addition, this segment offers business process services, which include integration and optimization of front and back office processes, and agile process automation. The GIS segment adapts legacy apps to cloud, migrate the right workloads, and securely manage their multi-cloud environments; and offers security solutions help predict attacks, proactively respond to threats, and ensure compliance, as well as to protect data, applications, and infrastructure. It also provides IT outsourcing services to help customers securely and cost-effectively run mission-critical systems and IT infrastructure. In addition, this segment offers workplace services to fit its customer's employee, business, and IT needs from intelligent collaboration; and modern device management, digital support services, and mobility services. DXC Technology Company is headquartered in Ashburn, Virginia.
History

DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company spun off its Enterprise Services business and merged it with Computer Sciences Corporation . At the time of its creation, DXC Technology had revenues of $25 billion, employed 170,000 people and operated in 70 countries.The spinoff from Hewlett Packard Enterprise did not include two parts of the Enterprise Services segment: the Mphasis Limited reporting unit and the Communications and Media Solutions product group.In India, the company started a three-year plan to reduce the number of offices in the country from 50 to 26, and reduce headcount by 5.9% employees. With about 43,000 employees in India, the company is restructuring its workforce to meet its new revenue profile.In 2017, DXC split off its US public sector segment to create a new company, Perspecta Inc.Mike Salvino, the former Accenture chief group executive, was named president and CEO of DXC Technology in 2019.In February 2021, French technology services and consulting firm Atos ended talks for a potential acquisition of DXC. Atos had proposed for US$10 billion including debt for acquisition.As of November 2021, DXC employed 134,000 in over 70 countries, including the United States, India, the Philippines, Central Europe and Vietnam.

Acquisitions

In July 2017, DXC purchased enterprise software company Tribridge and its affiliate company Concerto Cloud Services for $152 million.In 2018, it announced additional acquisitions, including Molina Medicaid Solutions , Argodesign and two ServiceNow partners, BusinessNow and TESM.In January 2019, DXC Technology acquired Luxoft. According to information from the SEC database, DXC Technology then owned 83% of Luxoft. The deal closed in June 2019.

Mission
We use the power of technology to deliver mission-critical IT services that move the world.
Vision
Our vision is to be the premier global technology service provider, transforming the world through inspirational work and innovative ideas.
Key Team

Ms. Mary E. Finch (Exec. VP & Chief HR Officer)

Mr. Vinod Bagal (Pres of Cloud & Infrastructure Services)

Mr. Christopher R. Drumgoole (Exec. VP & COO)

Mr. Christopher Anthony Voci (Sr. VP, Corp. Controller & Principal Accounting Officer)

Ms. Kristie Grinnell (Sr. VP & CIO)

Mr. Chris Depippo (VP of Ethics, Compliance & Gov. Affairs)

Mr. H. C. Charles Diao (Sr. VP of Treasury & Corp. Devel.)

Recognition and Awards
DXC Technology won 6 awards in 2022 and 7 awards in 2021. In 2022, DXC Technology won for Best CEO 2022, Best CEOs for Diversity 2022, Best CEOs for Women 2022, Best Operations Team 2022, Best Places to Work in Washington DC 2022 and Best Global Culture 2022. In 2021, DXC Technology won for Best Company for Diversity 2021, Best CEO 2021, Best CEOs for Diversity 2021, Best Operations Team 2021, Best Marketing Team 2021, Best Places to Work in Washington DC 2021 and Best Global Culture 2021. Based on 20,954 ratings and 755 participants, employees at DXC Technology are very satisfied with their work experience. The overall culture score, 78/100 or A, incorporates employee ratings based on their feedback on the Outlook, CEO Rating, Diversity and more.
References
DXC Technology
Leadership team

Mr. Michael J. Salvino (CEO, Pres & Chairman)

Mr. Kenneth P. Sharp (Exec. VP & CFO)

Mr. William L. Deckelman Jr. (Exec. VP & Gen. Counsel)

Products/ Services
Information Technology, Insurance
Number of Employees
Above 50,000
Headquarters
Arlington, Virginia, United States
Established
2017
Company Registration
SEC CIK number: 0001688568
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
DXC
Social Media