DXC Technology Company is an American
multinational information technology
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...
(IT) services and
consulting
A consultant (from "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Cons ...
company headquartered in
Ashburn, Virginia
Ashburn is a unincorporated settlement and census-designated place (CDP) in Loudoun County, Virginia, United States. At the 2020 United States census, its population was 46,349, up from 3,393 in 1990. It is northwest of Washington, D.C., and par ...
.
History
DXC Technology was founded on April 3, 2017, through a merger between
Hewlett Packard Enterprise
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, containerization software and ...
’s Enterprise Services business unit and
Computer Sciences Corporation
Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Ente ...
. The company provided
business-to-business
Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when:
* A business sources materials for its production process for ...
IT services.
It began trading on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
under the symbol DXC. At the time of its creation, DXC Technology had revenues of $25 billion, with 6,000 enterprise and public sector clients across 70 countries, managed by around 170,000 staff.
In July 2017, the company started a three-year plan to reduce the number of offices in India from 50 to 26, and reduce headcount by 5.9% (around 10,000) employees.
In 2018, DXC split off its
US public sector segment to create a new company,
Perspecta Inc.
In June 2019, with about 43,000 employees in India and one of its largest delivery engines for application outsourcing and software development, the company restructured its workforce to meet its new revenue profile.
Mike Salvino, the former
Accenture
Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...
chief group executive, was named president and CEO of DXC Technology in September 2019.
In February 2021, French technology services and consulting firm
Atos
Atos SE is a European multinational information technology (IT) service and consulting company with headquarters in Bezons suburb of Paris, France, and offices worldwide. It specialises in hi-tech transactional services, unified communicat ...
ended talks for a potential acquisition of DXC. Atos had proposed for US$10 billion including debt for acquisition.
, DXC had around 130,000 employees in over 70 countries in its global innovation and delivery centres; the largest among them is India, followed by the Philippines, Central Europe, and Vietnam.
[
]
In May 2022, Salvino was appointed as the chairman of DXC's board, taking over
Ian Read
Ian C. Read (born 1953) is a Scottish-born American business executive and a chartered accountant, who is executive chairman of the pharmaceutical company Pfizer. He was succeeded as CEO by Albert Bourla on 1 January 2019, becoming executive c ...
following his retirement in July 2022.
In October 2023, DXC was delisted from
S&P 500 Index
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and in ...
, and moved to the
S&P SmallCap 600 Index.
In December 2023, it was announced that Salvino would no longer be CEO of DXC Technology.
Raul Fernandez, who was on the board of directors, was appointed as the president and chief executive officer of DXC Technology on 1 February 2024.
, DXC employs over 125,000 in over 70 countries of which over 43,000 are employed at 12 sites across 7 major cities in India.
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 (previously part of
Molina Healthcare), Argodesign and two
ServiceNow
ServiceNow, Inc. is an American software company based in Santa Clara, California, that supplies a cloud computing platform for the creation and management of automated business workflows. It is used predominantly for the automation of informati ...
partners, BusinessNow and TESM.
In January 2019, DXC Technology acquired
Luxoft. The deal closed in June 2019.
Programs and sponsorships
Dandelion Program
Piloted in
Adelaide, South Australia
Adelaide ( , ; ) is the list of Australian capital cities, capital and most populous city of South Australia, as well as the list of cities in Australia by population, fifth-most populous city in Australia. The name "Adelaide" may refer to ei ...
, in 2014, the DXC Dandelion Program has grown to over 100 employees in Australia, working with more than 240 organizations in 71 countries to acquire sustainable employment for individuals with autism. In June 2021, DXC piloted the Dandelion Program in the UK.
Sports
The company sponsored
Team Penske
Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the IndyCar Series, NASCAR Cup Series, IMSA SportsCar Championship and FIA World Endurance Championship. Debuting at the 1966 24 Hours of Day ...
with 2016 Series Champion and
2019 Indianapolis 500 winner
Simon Pagenaud, and in 2018, became title sponsor of
IndyCar Series
The IndyCar Series, officially known as the NTT IndyCar Series for sponsorship reasons, is the highest class of American open-wheel car racing in the United States, which has been conducted under the auspices of various sanctioning bodies sinc ...
race
DXC Technology 600
The IndyCar Series held auto racing events at Texas Motor Speedway, near Fort Worth, Texas, from 1997 until 2023. The races had a variety of different title sponsors and distances over the years, and therefore the Texas round has changed names fr ...
. DXC is also a partner of
Australia
Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
n
Rugby Union
Rugby union football, commonly known simply as rugby union in English-speaking countries and rugby 15/XV in non-English-speaking world, Anglophone Europe, or often just rugby, is a Contact sport#Terminology, close-contact team sport that orig ...
team
Brumbies
The ACT Brumbies (known from 2005 to 2022 as simply the Brumbies) is an Australian professional rugby union team based in Canberra, Australian Capital Territory (ACT), The team competes in Super Rugby and named for the feral horses which inh ...
. In 2022, the company became the new sleeve sponsor for English football club
Manchester United
Manchester United Football Club, commonly referred to as Man United (often stylised as Man Utd) or simply United, is a professional association football, football club based in Old Trafford (area), Old Trafford, Greater Manchester, Engl ...
. In May 2023, the company signed a multi-year partnership with
Scuderia Ferrari
Scuderia Ferrari (; ), currently racing under Scuderia Ferrari HP, is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "the Pranc ...
starting from the
2023 Miami Grand Prix onwards.
See also
*
List of IT consulting firms
References
External links
*
*
{{Authority control
American companies established in 2017
Companies based in Virginia
Technology companies established in 2017
Companies listed on the New York Stock Exchange
2017 establishments in Virginia
Information technology consulting firms of the United States
International information technology consulting firms
Loudoun County, Virginia