DXC Technology Appoints Professional Services Industry Veteran Ramnath Venkataraman as President of Consulting & Engineering Services
"Ramnath is a world-class technology and consulting leader with a proven track record of driving growth and innovation at a global scale," said Fernandez. "His professional services experience leading enterprise-wide modernization efforts, with scaled delivery, along with his forward-looking approach to AI and next-generation technologies, align strongly with our strategic priorities. Ramnath will play a critical role in strengthening and further simplifying our offerings, driving performance, and creating differentiated value for our global customers."
Ramnath joins DXC's senior leadership team to lead the company's CES business unit. He will be focused on accelerating customer innovation and enhancing the value delivered to customers through DXC's deep industry expertise and advanced capabilities in areas such as AI, application modernization and data analytics.
Ramnath's appointment underscores DXC's commitment to attracting top-tier leadership to help build and grow its priority businesses. With 50,000 engineers and consultants around the world, the CES division plays an essential role in DXC's efforts to help customers modernize operations and solve complex strategic and technology challenges to unlock new sources of competitive advantage.
"I am thrilled to join DXC at this pivotal moment in the company's history and appreciate the opportunity to contribute to the next phase of progress under Raul's leadership," said Ramnath. "DXC plays an essential role managing and modernizing some of the most complex and vital technology systems in the world. I look forward to working with the talented team here to help our customers accelerate their transformation journeys, harness the power of AI to drive tangible business outcomes, and solidify our position as a leader in innovative technology services."
Ramnath joins DXC following a distinguished career spanning three decades at Accenture, where he was a member of the Global Management Committee. Most recently, he oversaw the firm's global technology sales, solutioning, assets, offerings and network of Advanced Technology Centers. His career has been defined by his work with clients across numerous industries, including banking, consumer goods, retail, life sciences and automotive, focused on strategy, consulting and large-scale technology and talent transformation. He has successfully led complex programs that delivered significant cost optimization while modernizing technology landscapes for global enterprises and is widely recognized for his thought leadership in innovation and the enterprise application of Generative AI.
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 cloud. 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.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
2 hours ago
- Globe and Mail
J.P. Morgan Remains a Hold on WEX (WEX)
J.P. Morgan analyst Tien Tsin Huang maintained a Hold rating on WEX today and set a price target of $195.00. The company's shares opened today at $173.67. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tsin Huang covers the Technology sector, focusing on stocks such as Cognizant, Accenture, and Block. According to TipRanks, Tsin Huang has an average return of 6.6% and a 58.85% success rate on recommended stocks. In addition to J.P. Morgan, WEX also received a Hold from Morgan Stanley's James Faucette in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Buy rating on WEX (NYSE: WEX). The company has a one-year high of $217.47 and a one-year low of $110.45. Currently, WEX has an average volume of 519.1K. Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is neutral on the stock. Last month, Jennifer Kimball, the CAO of WEX sold 1,400.00 shares for a total of $183,512.00.
Globe and Mail
4 hours ago
- Globe and Mail
GE Vernova's Q2 Electrifies Stock, What's Next For This Top Name?
If GE Vernova's (NYSE: GEV) latest earnings results are any indication, General Electric's corporate restructuring continues to look like a stroke of genius. On July 23, the energy equipment spin-out saw shares soar over 14% after reporting Q2 financials. As of the July 23 close, GE Vernova has provided a total return of nearly 92% in 2025. This makes it the second-best performing stock in the S&P 500 Index, behind only Palantir Technologies (NASDAQ: PLTR). Let's break down GE Vernova's Q2, which validates the bullish sentiment on the stock. Ultimately, we'll aim to answer whether investors should continue betting that the stock's huge run will continue or if it is time to take profits and look for opportunities elsewhere. GEV's Q2: This Energy Enabler Is Firing on All Cylinders In Q2, sales came in at $9.1 billion, equating to a growth rate of 11%. This figure was approximately $328 million higher than Wall Street analysts anticipated. Just as important were the increases in the company's orders and backlog, as these are strong indicators of future revenue. Orders rose by 4% to $12.4 billion, 1.4 times higher than the company's revenue in Q2. Meanwhile, GE Vernova's backlog grew 11.4% to $129 billion, 3.5 times higher than the company's expected revenue in 2025. These figures are positive signs for investors in the near and long term. Right now, sales are outpacing expectations. Orders remain substantially higher than revenues, indicating that revenue growth can continue at this pace in the near term. The company's backlog indicates that long-term revenue potential is increasing slightly faster than current revenue. This suggests that GE Vernova can maintain or even accelerate its revenue growth in the coming years. Beating sales expectations and margin improvements helped GE Vernova post earnings per share of $1.86, surpassing estimates of $1.63. Additionally, the firm increased the midpoint of its free cash flow guidance by $1 billion to $3.25 billion. This might be the most encouraging sign of all for investors. Bringing in more cash than it spends is the ultimate goal of any business, and GE Vernova is making robust progress. AI Energy Needs Are Driving Huge Wins for GEV's Natural Gas Solutions Diving further into the company's report helps explain what is driving GE Vernova's incredible success. The company's Power segment is by far its largest, accounting for around 53% of total revenue last quarter. In this segment, the company sells natural gas turbines and provides servicing. Power also offers nuclear, hydroelectric, and steam power equipment and services. Orders in Power rose dramatically by 44% last quarter. Natural gas orders nearly tripled versus Q2 2024, driving this. Utility companies must scale up their electricity generation capacity to keep up with surging demand due to artificial intelligence (AI). AI data centers need energy that is both reliable and clean. This is why so many hyperscale data center companies have signed agreements for nuclear energy. However, the availability of nuclear sites is dropping, and new sites can take a decade to build. Thus, reliable and relatively clean natural gas is a logical alternative for scaling up energy capacity. Given its leadership in natural gas turbines, GE Vernova is an ideal company for meeting the demand for AI energy here and now. GE Vernova is also working to design and build nuclear small modular reactors (SMRs). SMRs help get around the long construction times of large reactors but are still in the developmental phase. This positions the company to meet the longer-term interests of hyperscalers. Additionally, GE Vernova's scale likely gives it a competitive advantage over smaller SMR developers. GEV: Valuation Is Lofty, But So Are Its Long-Term Opportunities As of July 23, GE Vernova trades at a forward price-to-earnings (P/E) ratio of 80x. That number is likely to come down as analysts revise earnings estimates upward. However, it is still 60% above the firm's average forward P/E of 50x since April 2024. This suggests that shares could be highly overvalued. However, it's tough to argue with the company's long-term prospects, especially given the potential of its SMR business. At the same time, it's hard to say the stock's massive surge and ballooning forward P/E don't warrant taking some money off the table. Maintaining some exposure to this name while looking for cheaper opportunities elsewhere feels like a prudent balance for investors to strike. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
Globe and Mail
5 hours ago
- Globe and Mail
1 Reason to Buy Visa (V)
Key Points Visa is a high-quality business whose shares rarely go on sale, but that might not discourage investors from owning the stock. The company's competitive position is supported by the presence of a powerful network effect. Stablecoins have an uphill battle to put a dent in Visa's business model. 10 stocks we like better than Visa › Visa (NYSE: V) is a dominant force in the financial services industry. It runs a leading payments platform that connects consumers, banks, and merchants across the globe. The business even finds itself in Warren Buffett-led Berkshire Hathaway 's portfolio. This financial stock trades close to all-time highs, and a valid argument can be made that the current valuation isn't cheap. But this is an outstanding company that still deserves a closer look. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Here's one reason investors should buy Visa. Visa's unassailable competitive position In fiscal 2024, Visa processed 233.8 billion transactions valued at a whopping $15.7 trillion. It currently has 4.8 billion active cards that are accepted at 150 million merchants around the world. That scale is unmatched, and it demonstrates just how formidable Visa's competitive position is, which is a key reason to scoop up shares. The business benefits from an extremely powerful network effect. As the number of merchants that accept Visa grows, it's more valuable to have a Visa card. The opposite is also true, with more cardholders creating more sales opportunities for merchants. The threat of stablecoins With the passing of the Genius Act, investors might start to worry about the threat that stablecoins pose to Visa's business model. As things stand today, there's no reason to be concerned. While merchants will test the waters in an effort to cut payment processing costs, the real question of whether or not consumers will make the jump. Favorable legislation passing doesn't necessarily mean there will be mass adoption of stablecoins. People love their credit cards and the perks and rewards they offer. And a company like Visa is so ingrained in our economy, with the network effect already mentioned, as well as its deep relationships with banks and other players in the financial services industry, that it's a monumental task to disrupt it. Visa should continue to dominate the payments landscape for the foreseeable future. Should you invest $1,000 in Visa right now? Before you buy stock in Visa, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Visa wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
