4 April 2017 - DXC Technology, the company born of CSC and HPE, has officially launched today with an Australia and New Zealand headcount of 10,000 to support more than half of the company's global client base.
DXC did not comment on its local revenue, however when CSC acquired UXC the company was expecting to generate $1.4 billion revenue. Hewlett Packard Australia financial results for the year ended on 31 October 2016 had $1.5 billion in services revenue.
Out of the 6000 global clients, more than 3000 are located in Australia and New Zealand, due to the UXC heritage in the mid-market, according to Seelan Nayagam, managing director for DXC Technology Australia and New Zealand.
There will be no changes affecting partners, Nayagam said, "if anything there is more reach in terms of the clients we have".
"We are absolutely committed to the partner ecosystem, we are not dedicated to any one partner; it's all around what is the best outcome for the client. It's no different from 12 months ago," he told CRN.
DXC Technology has more than 250 industry-leading global partner network relationships and 14 strategic partnerships in Amazon Web Services, AT&T, Dell EMC, HCL, HPE, HP, IBM, Lenovo, Micro Focus, Microsoft, Oracle, PwC, SAP and ServiceNow.
DXC will continue to exist as it did six months ago, under the integrator practice. "We got Red Rock, Oxygen, Eclipse, they all operate exactly the way they did before," Nayagam added.
The managing director also told CRN that the structure of the company had changed in the number of industries it covered but that the integrator practice and the delivery would remain the same.
DXC's operating model aims to deliver seamless client experiences as technology solutions are built, sold and delivered.
The company officially started trading today on the New York Stock Exchange with stocks hitting a high US$70 per share, closing at US$69.20.
The largest IT services firm and the number one provider in this market, according to Nayagam, will offer cloud, workload, platforms and ITO; workplace and mobility; security; analytics; application services; enterprise and cloud apps; consulting; business process services; and industry software and solutions.
DXC also offers exclusive IP for sectors including insurance, healthcare and life sciences, and travel and transportation. DXC Technology also has experience in aerospace and defence, automotive, chemical, communications, media and entertainment, consumer products and retail, energy, manufacturing, and technology.
DXC's CeleritiFinTech joint venture with HCL Technologies serves banking and capital markets. DXC Technology subsidiaries include Fixnetix, Fruition Partners and Xchanging.
CSC and HPE ES announced the proposed merger plans in May 2016 for a total of US$12.5 billion. The A$25 billion revenue company employs close to 170,000 people globally and has customers across 70 countries.
CSC has grown significantly through acquisitions over the past year. The multinational bought out local giant UXC Limited for $428 million and software firm Xchanging for $846 million, which added 350 staff in Australia.
In February, the company revealed its new name and brand. The company's board will be split 50-50 between directors nominated by HPE and CSC.
CSC shareholders overwhelmingly approved the merger on 28 March.
To read the full article via CRN, please click here.