DXC’s Q4 and fiscal 2020 results indicate the company is making progress righting the ship under new CEO Michael Savino, containing revenue runoff due primarily to dissatisfactory customer delivery and diminishing customer relationships before his arrival. While COVID-19 uncertainties played in a role in DXC’s decision to suspend quarterly dividends, this could also allow the company to showcase how its ITO portfolio is well-suited to enabling clients overcome COVID-19 challenges.
Luxoft and LG Join Forces to Drive the Automotive Experience
Luxoft, a DXC Technology Company, and LG Electronics (LG) announced that they will form an automotive joint venture (JV) to advance the deployment of production-ready digital cockpit, in-vehicle infotainment, rear-seat entertainment (RSE) and ride-hailing systems based on the webOS Auto platform.
DXC Boosts ITaaS Portfolio through Virtual Clarity Acquisition
DXC Technology announced it has acquired the outstanding shares of Virtual Clarity, a provider of IT-as-a-Service (ITaaS) transformation advisory services with a decade of experience in solving large scale IT modernization and application migration challenges for clients in the world’s most demanding, mission-critical environments.
DXC Technology and Google Cloud Announce Global Partnership
DXC’s well-known expertise in helping organizations modernize their IT systems along with its expertise in AI and machine learning is a good match for Google Cloud Platform Services, as both join together to target the enterprise customer.