Shining Light Spotlight-DXC Technology

This month we spotlight DXC Technology as the newest Shining Light Company. DXC is a  global technology company currently headquartered in Tysons Corner, Virginia delivering IT and consulting services to both business and governments. DXC traces its history back to 1959 when Computer Services Corporation (CSC) along with enterprising help from Hewlett Packard, formed a mainframe computer manufacturing company. The next five decades proved fruitful as CSC continued to thrive as they served governments and companies world-wide.

In 1962, another IT company Electronic Data Systems (EDS) was founded in the Dallas, Texas area. EDS was a visionary in technology outsourcing. EDS aided 500 passengers with boarding jet planes, handled the processing of 13 billion credit card transactions and carried out 2.4 billion healthcare transactions.  In 2008, Hewlett Packard acquired EDS which created HP Enterprise Services. Both CSC and HPE are known their innovation and always reinventing themselves to “keep pace with the ever-changing world of technology.” In April of 2017, CSC merged with HP Enterprises (formerly EDS) to form DXC Technologies.  The combination of both companies has helped create one of the world’s most prominent IT service companies. Today, DXC operates in more than 70 countries with 6,000 clients and approximately $25 billion a year in revenue.

MISSION AND VALUES

DXC’s mission is to helps clients “Thrive on Change.”  DXC is consistent in their pursuit of keeping up with the fast-paced performance of societies ever-changing technology. It’s not only important to DXC to maintain delivery of the most up-to-date technologies but, to ensure it’s done with the utmost integrity. DXC notes, “Our CLEAR Values guide our instincts and inform our actions.” C-Client Focused (success comes from a deep understanding of clients), L-Leadership (Leading from the front, displaying integrity and using facts to support straight talk), E-Execution Excellence (Insisting on excellence in all we do for clients), A-Aspiration (Aspire as individuals and collectively to be more tomorrow than we are today), R-Results (Accept individual responsibility for our commitments and be accountable for results).

 DXC recognizes their success is not something attained on their own. Instead, the company acknowledges and appreciates that their success is due to the trust that’s earned from their clients. DXC aspires every day to work side-by-side with clients, especially when it comes to problem solving and various challenges.   “Our world-class talent becomes part of our clients’ teams, innovating with them and putting the right technology to work for their organizations”.

 THE DXC FOUNDATION

DXC’s community involvement resulted in the creation of The DXC Foundation — a registered 501(c) charity.  When it comes to philanthropic activities, DXC ensures there is an organized process enabling philanthropic giving that aligns with DXC’s mission and values. In addition, DXC provides employees with opportunities to contribute time within various foundation programs along with “organizing workplace volunteer efforts for the good of the community, employees and company.” Important areas of philanthropic impact for DXC are Education, Health and Wellness and Disaster Relief.

  One shining example of DXC’s commitment to sharing and building the local communities it operates in is by organizing a wide range of charity activities in Vietnam throughout the year, including: frequent visits and provision of necessary living supplies to underprivileged children/orphans living at numerous Charity Centers, contribution to flood victims and disaster relief efforts, donation of houses to the poor through the “Green Summer” campaign, annual participation in Blood Donation Drive organized by Saigon Times Group and AMCHAM. Annual participation in FUN RUN events for charity fund raising organized by BBGV, supporting Operation Smile Vietnam to provide surgery for children with facial deformities and supporting HCMC’s Poor Patients Association to provided eyes surgery for the blind.

 ACHIEVEMENTS & AWARDS

 DXC received the National Disability Seal Award for 2018. This publicly recognized award highlights and celebrates companies “that are leading the way in disability inclusion and tapping into the many benefits of hiring talent with disabilities”.  This consists of extraordinary rates of efficiency, perseverance, and “greater employee engagement across the workforce.” In addition, DXC scored 90% on the 2018 Disability Equality Index whose primary focused is based on accessibility and community engagement.

In 2018, DXC received accolades from Military Times as the most Spouse Friendly Employer and Best for Veterans Employer.  These acknowledgements are given to companies who exhibit loyalty in serving both the military and veteran community. In 2018 Corporate Responsibility Magazine ranked DXC in the top 20 out of the top 100 Best Corporate Citizens.  This recognition is based on companies who stand out in environmental, social and governance performance of “public companies across the United States.”

In a rapidly changing global landscape, DXC is at the forefront of helping companies leverage outsourced technology solutions to thrive. DXC is widely recognized for their commitment to ongoing  innovation and constant improvement in the pursuit of excellence. Further, DXC’s model for empowering team members, high standards of accountability and rewarding results is exemplary. Add to that their admirable corporate citizenship — highly valuing their people, their clients and their communities makes DXC a Shining Light Company that we are proud to recognize!

DISCLOSURE: Shining Lights companies are those companies we have identified as exemplary companies living out the Golden Rule and exhibiting the virtues of Integrity, Humility, Diligence, Caring and Courage. This is intended for general information purposes concerning only the values, corporate culture and business practices of the companies being spotlighted. It DOES NOT incorporate any analysis of the companies’ investment merit based on intrinsic value, fundamental analysis, etc. This must not be construed as investment advice or a buy/sell recommendation. These companies may or may not be included in our LightPoint Portfolios at any given time.