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DXC DXC Technology Company

15.41
0.27 (1.78%)
01 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DXC Technology Company NYSE:DXC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.27 1.78% 15.41 15.68 15.165 15.24 3,642,109 00:59:20

DXC Technology Advances Enterprise Intelligence Services with AI-Driven Architecture

20/05/2024 1:30pm

PR Newswire (US)


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Collaboration with Dell Technologies to provide a best-in-class managed Multicloud Enterprise Intelligence System

ASHBURN, Va., May 20, 2024 /PRNewswire/ - Today, DXC Technology (NYSE: DXC) a Fortune 500 global technology services company, is proud to announce a collaboration with Dell Technologies to advance Enterprise Intelligence Services (EIS). This alliance marks a significant step forward in leveraging cutting-edge technologies such as AI, machine learning, data analytics, and intelligent automation to transform data into a more holistic view of the enterprise.

DXC Technology logo (CNW Group/DXC Technology Company)

The EIS architecture built on the Dell Validated Design for Generative AI with NVIDIA for Model Customization focuses on harnessing advanced technologies to empower organizations to make data-driven decisions, enhance customer experiences, and optimize operational efficiency. At its core, EIS aims to build a robust AI foundation to drive future enterprise initiatives and enable proactive decision-making based on real-time insights.

Through DXC, the convergence of key technologies is made possible such as data management, business intelligence (BI), AI, IoT, and cloud computing to extract actionable insights from vast data sets. This will enable real-time analytics, predictive modeling, and anticipation of market trends, providing organizations with a competitive edge.

"The step change in technological evolution today is that machines can understand and interact in human language. Machines already could sense the world around us and thus have the ability now to be an expert at almost any task," said Sunil Menon, Global Leader of DXC's Data & AI business. "This means that AI will be embedded in all aspects of an enterprise, from product development, personalized customer experience to operations, regulatory and finance. The challenge is that AI needs variety of quality, secure and ethical data to achieve this goal, and data is hard. AI needs data and data needs AI. By integrating AI as the foundation of DXC's Enterprise Intelligence System, AI will permeate all aspects of the business, ensuring that every operational facet and customer interaction is enhanced by intelligence and foresight."

The collaboration will enable DXC to build a robust AI foundation, serving as the primary layer for future enterprise initiatives. This foundation will facilitate data-driven decision-making, help understand market trends, enhance customer experiences, and optimize operational efficiency.

Incorporating advanced technologies, DXC aims to address the high failure rate of traditional data warehouse projects while handling the growing complexity and volume of business data more effectively, ensuring the success of data-driven initiatives.

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's upcoming Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this report or to reflect the occurrence of unanticipated events except as required by law.

About DXC Technology

DXC Technology (NYSE: 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. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

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