DXC Technology: An
In-Depth Look at its Formation, Policies, and Future Trajectory
DXC Technology is an
American multinational corporation specializing in IT services and consulting.
Formed from the merger of two industry giants, DXC helps global companies run
their mission-critical systems and operations while modernizing IT, optimizing
data architectures, and ensuring security and scalability across public,
private, and hybrid clouds. This blog post delves into DXC's origins, ownership
structure, corporate policies, employee benefits, and its vision for the
future.
The Genesis of a Tech Giant
DXC Technology was
established on April 1, 2017, through the strategic merger of Computer Sciences
Corporation (CSC) and the Enterprise Services segment of Hewlett Packard
Enterprise (HPE). This union brought together CSC's extensive experience in IT
services and HPE's robust enterprise solutions to create a new, independent,
end-to-end IT services company.
Mike Lawrie, who was
the CEO of CSC, became the first Chairman, President, and CEO of DXC
Technology. Today, the company is headquartered in Ashburn, Virginia, and
trades on the New York Stock Exchange under the ticker symbol "DXC".
Ownership and
Leadership
As a publicly traded
company, DXC Technology's ownership is primarily held by institutional
investors, who own approximately 90% of the company's shares. This is a common
structure for large, publicly listed corporations. The top institutional
shareholders include prominent investment firms like The Vanguard Group and
BlackRock, which together hold a significant portion of the company's stock.
The company's
strategic direction is steered by its Board of Directors and executive
leadership team. As of late 2024, the key figures at the helm are:
- Raul Fernandez, President and Chief
Executive Officer
- Rob Del Bene, Executive Vice President and
Chief Financial Officer
- David Herzog, Chairman of the Board
Corporate Culture
and Policies
DXC Technology
operates on a foundation of "performance with integrity." The
company's Code of Conduct emphasizes ethical behavior, compliance with the law,
and a commitment to its core values. This code guides employees in all their
business dealings and interactions.
Key principles of
DXC's corporate policies include:
- Ethical Conduct: Promoting a culture that
encourages ethical conduct and reinforces company values.
- Confidentiality: Using confidential
business information only for legitimate business purposes.
- Employee Rights: Ensuring employees can
communicate openly and share concerns without fear of discrimination or
reprisal.
- Responsible Supply Chain: Holding
suppliers to high standards of social, environmental, and ethical
responsibility, including human rights, labor conditions, and
anti-corruption measures.
Employee Benefits
and Perks
DXC Technology
provides a comprehensive benefits package designed to support the well-being
and financial security of its employees. While the specifics may vary by
location, the package generally includes:
- Health and Wellness: Comprehensive
medical, dental, and vision insurance, along with a Wellbeing Hub and
employee assistance programs for mental and personal support.
- Financial and Retirement: A 401(k) plan
with employer matching contributions and an Employee Stock Purchase
Program (ESPP).
- Work-Life Balance: Flexible work
arrangements, including remote work options, paid time off (vacation,
holidays, and sick leave), and parental leave.
- Professional Development: Access to
training programs and educational assistance to foster career growth.
Employment
Opportunities and Hiring Freshers
With a global
workforce of over 120,000 employees, DXC Technology is continually seeking
skilled professionals to join its team. The company offers a wide array of
career opportunities, from entry-level to senior leadership roles, in areas
such as software engineering, data analytics, project management, and cloud
development.
For fresh graduates,
DXC conducts both on-campus and off-campus recruitment drives. The hiring
process for freshers typically consists of three main rounds:
- Online Test: This test is divided into
multiple sections, including English, logical ability, quantitative
ability, essay writing, and programming skills.
- Technical Interview: This round assesses
the candidate's technical knowledge and problem-solving abilities.
- HR Interview: The final round focuses on
behavioral questions, communication skills, and cultural fit.
To be eligible,
candidates usually need a minimum of 60% in their 10th, 12th, and graduation,
with no active backlogs. The role of Associate Software Engineer is a common
entry point for new graduates, with a competitive salary package.
Future Outlook and
Strategic Initiatives
DXC Technology is
actively positioning itself for future growth by focusing on high-demand areas
like Artificial Intelligence (AI), cloud solutions, and cybersecurity. The
company has recently launched several key initiatives to bolster its
competitive edge:
- AI Partnerships: DXC has entered into a
strategic AI partnership with Dell Technologies and Digital Realty to
enhance its enterprise AI solutions.
- Global Innovation Hubs: The company has
established new AI centers in Poland and Canada, along with a GIS
Innovation Hub that focuses on cloud innovation, network modernization,
mainframe modernization, intelligent operations, and cybersecurity.
- Modern Workplace Solutions: DXC is also
focused on improving the employee experience through smarter IT and
continuous service improvements.
Despite these strategic moves, DXC has faced some market headwinds, with its stock price experiencing a decline. However, the company's investments in AI and other next-generation technologies signal a clear commitment to revitalizing its growth and delivering long-term value to its clients and shareholders. By bridging the gap between innovation and execution, DXC aims to be a long-term technology partner for its customers, building the future together.