DXC Technology – Insurance Strengths, Domain Expertise, and Key Differentiators
Owing to its large clientele across buyer sizes and across P&C, Life Insurance and Healthcare, it is positioned very robustly in the market.
DXC Technology, the world’s leading independent, end-to-end IT services company, manages and modernizes mission-critical systems, integrating them with new digital solutions to produce better business outcomes. The company’s global reach and talent, innovation platforms, technology independence, and extensive partner network enable more than 6,000 private- and public-sector clients in 70 countries to thrive on change.
DXC Technology – Insurance Recent Developments
DXC Technology launched a multi-cloud orchestration, automation and governance solution that transforms managed services delivery across any cloud. DXC Managed Multi-Cloud Services powered by VMware provides consistent service management at scale and enables clients to maximize investments in VMware for a significant multi-cloud competitive advantage. The new cloud solution was announced here at VMworld Europe.
DXC Technology is collaborating with insuretech companies to deliver innovative technologies that will help its insurance customers boost operational efficiency, reduce costs, improve employee productivity and enhance the end user experience.
DXC Technology – Insurance Mergers and Acquisitions (M&A) Activities
In 2020, DXC Technology Company acquired CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems. The acquisition builds on Luxoft’s capabilities in data-driven development, testing, and validation of Autonomous Drive/Advanced Driver Assistance Systems (AD/ADAS) for Level 3 to Level 5 autonomous functions and strengthens the company’s ability to design and deploy transformative AD/ADAS programs for clients at scale.
DXC Technology acquired Bluleader, an award-winning Australian consulting company focused on delivering Customer Experience (CX) solutions. The acquisition of Bluleader is an integral part of DXC’s commitment to continue to grow and invest in SAP-based customer experience solutions and more broadly our SAP Practice, with the joint strategic goal of achieving our position as the number one SAP partner in Australia and New Zealand.
In 2019, DXC Technology acquired Luxoft Holding, Inc, the global digital strategy and software engineering firm. The acquisition builds on DXC’s unique value proposition as an end-to-end, mainstream IT and digital services market leader, and strengthens the company’s ability to design and deploy transformative digital solutions for clients at scale. The addition of Luxoft will bring clients new capabilities in digital engineering, additional depth in key verticals and an expanded portfolio of digital offerings.
DXC Technology – Insurance Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying DXC Technology – Insurance applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of DXC Technology – Insurance and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified DXC Technology Integral customers.
DXC Technology – Insurance Overview
Ownership: - DXC (NYSE)
Number of Employees: 130000
DXC Technology – Insurance Key Enterprise and Cloud Applications
DXC Technology Integral
DXC Technology – Insurance Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
DXC Technology – Insurance Revenue Breakdown By Type, $M:
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DXC Technology – Insurance Enterprise Applications Revenues By Functional Markets, $M:
DXC Technology – Insurance Enterprise Applications Revenues By Verticals, $M:
DXC Technology – Insurance Revenues By Region, $M
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DXC Technology – Insurance Direct vs Indirect sales
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DXC Technology – Insurance Customers - Breakdown by Geo, Size, Vertical and Product
No. of DXC Technology – Insurance Customers: 1900
No. of DXC Technology – Insurance Enterprise Applications Customers: x
No. of DXC Technology – Insurance Cloud Customers: x
No. of DXC Technology – Insurance Cloud Subscribers: x
DXC Technology provides insuretech software and services to 1900 clients, and more than 6,000 insurance professionals. 85% of DXC Technology insuretech clients are insurers in Fortune’s Global 500. It is assisting in administration of 13M+ insurance policies. 386 clients in North America use DXC’s RISKMASTER Accelerator claims and risk management system.
DXC Technology – Insurance Market Opportunities, M&A and Geo Expansions
DXC Technology opened the DXC Innovation Centre in London for the company and its clients to develop and deliver high-impact digital solutions. DXC’s London Innovation Centre is a collaborative environment that draws on the company’s global experience in digital transformation, leverages its rich industry knowledge and independent partner network, and creates an environment for the incubation of ideas, learning and development.
In 2019, DXC Technology acquired the outstanding shares of Virtual Clarity, a leading 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. The acquisition of Virtual Clarity further positions DXC as a leading provider of IT modernization services for applications and infrastructure and strengthens DXC’s ability to assess, design and manage transformations to cloud.
The acquisition of Xchanging, enabled DXC Technology broader market coverage in the global insurance industry and opportunity to offer access to a broader, partner-enriched portfolio of services including property and casualty insurance and wealth management business processing services.
DXC Technology – Insurance Risks and Challenges
DXC Technology appointed Mike Salvino as President and Chief Executive Officer. Salvino succeeds Mike Lawrie, who has served as DXC’s Chairman, President, and Chief Executive Officer since the company’s formation in 2017. Lawrie has announced his retirement as President and CEO and will retire as DXC’s board chair on Dec. 31, 2019.
Focus is on the markets in North America and United Kingdom.
DXC Technology – Insurance Ecosystem, Partners, Resellers and SI
DXC Technology partnered with Microsoft through the formation of a global Microsoft Azure Digital Transformation Practice to accelerate client migration to the Microsoft Azure public cloud with greater efficiency and agility. The DXC and Microsoft Azure Digital Transformation Practice will focus on helping organizations manage the pace of technology change by bringing greater agility to the creation and execution of public cloud strategies.
DXC Technology partnered with Google Cloud that will enable enterprise clients to modernize their mission-critical IT and integrate digital solutions on Google Cloud Platform. With the strategic partnership, DXC is also launching a Google Cloud Platform Center of Excellence (COE) and a Google Cloud Artificial Intelligence (AI) COE to provide clients in key industries with secure, scalable and agile cloud-based digital platforms that leverage advanced data analytics capabilities.
DXC Technology has established more than 250 partner network relationship, including 14 strategic parnterships - AWS, AT&T, Dell/EMC, HCL, HPE, IBM, Lenovo, Micro Focus, Microsoft, Oracle and others.
DXC Technology – Insurance Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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