Latest news with #DXC
Yahoo
3 days ago
- Business
- Yahoo
Unicaja, DXC forge ten-year partnership for banking transformation
DXC Technology has entered into a ten-year partnership with Spain-based bank Unicaja, aimed at modernising the bank's operations. The collaboration will leverage DXC's capabilities in advanced technologies, specifically artificial intelligence (AI), to enhance automation, agility, and customer interactions. This initiative is intended to improve operational efficiency and productivity while providing a more tailored customer experience to Unicaja, according to the company. Unicaja technology and operations head Estrella Botas said: 'This marks a milestone in our evolution toward a more agile and intelligent operating model, ready to face the challenges of the financial sector. 'It's not just about incorporating technology but about transforming the way we operate to deliver better service to our customers.' The partnership aligns with Unicaja's strategic plan for 2025–2027, which focuses on innovation through enhanced customer service, product customisation, and operational flexibility. Additionally, DXC will assist Unicaja in ensuring that its banking systems comply with evolving European regulations. Following regulatory approval, DXC is set to acquire FK2, a subsidiary of Unicaja, and will take charge of a specialised team with expertise in banking and technology. DXC Technology Spain and Portugal managing director Alfonso Garcia said: 'This partnership further strengthens our global leadership in the banking sector, where the world's leading financial institutions rely on our decades of experience and deep industry expertise. 'In Spain, we support all major banks in driving competitive advantage and navigating complex challenges. Our commitment is to deliver operational excellence and position Unicaja as a global benchmark for AI-driven business transformation.' Last month, DXC Technology and Thought Machine launched a joint solution to accelerate banking modernisation for small and midsize banks. The partnership combines DXC's IT services with Thought Machine's Vault Core and Vault Payments platforms to streamline digital transformation. "Unicaja, DXC forge ten-year partnership for banking transformation" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
11-07-2025
- Business
- Yahoo
DXC Technology's AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia
DXC Technology Company (NYSE:DXC) is one of the cheap IT stocks hedge funds are buying. On July 3, DXC Technology announced the deployment of an AI-driven bid writing solution called Tendia for Ventia. Ventia is one of the largest essential infrastructure service providers in Australia and New Zealand. The new platform significantly reduces the time required to draft initial bid responses for major infrastructure contracts, cutting it from days to minutes, thereby enhancing Ventia's ability to quickly respond to complex and high-value tenders. The Tendia solution was developed in collaboration with DXC and was deployed in just 4 months. An IT security specialist inspecting a corporate network server for any malicious activity. It works by automating the time-consuming process of sourcing and synthesizing information from extensive document libraries. Tendia allows their teams to focus on higher-value work, deliver more accurate proposals, and respond more quickly to multi-million-dollar tenders. DXC Technology Company (NYSE:DXC) provides IT services and solutions internationally. While we acknowledge the potential of DXC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Cision Canada
07-07-2025
- Business
- Cision Canada
DXC Technology Appoints Professional Services Industry Veteran Ramnath Venkataraman as President of Consulting & Engineering Services
ASHBURN, Va., July 7, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Ramnath Venkataraman as President, Consulting & Engineering Services (CES). A distinguished leader with nearly three decades of experience at Accenture, Ramnath will report directly to DXC President and Chief Executive Officer, Raul Fernandez. "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
United News of India
03-07-2025
- Business
- United News of India
DXC Technology deploys AI-driven bid writing solution for Ventia
New Delhi, July 3 (UNI) DXC Technology, a global IT service provider, revealed the successful deployment of an AI-enabled bid writing solution for Ventia. The AI-driven bid writing solution, named 'Tendia,' will automate the process of search, collation, and drafting of early-stage bid content. By leveraging automation with an AI-powered bid writing solution, the time required to draft initial bid responses is also reduced. Tendia gets completed in just four months and is already revolutionizing the bid development process. With built-in AI capacities, this system is extensively trained on more of Ventia's historical submissions to ensure the relevancy and accuracy of the final result. Em Hogan (Ventia's General Manager for Strategy, Digital & Corporate Affairs) said, 'Collaborating with DXC allows us to improve our speed and reliability of bid development processes.' Emphasizing automation, he added, 'Tendia enables our teams to give their attention to higher-value tasks. We can now deliver more accurate proposals and respond quickly to multi-million dollar tenders. Project Tendia is the first phase of Ventia's AI adoption strategy.' To build the AI-powered solution, DXC's Data & AI teams used different technologies like Amazon Fargate, Kendra, Cognito, and others. Seelan Nayagam (President, APAC or Middle East & Africa DXC Technology) said, 'The collaboration with Ventia is highlighting the potential of AI in supporting business-critical operations. We have drawn on our relevant industry experience to help Ventia.' The deployment of Tendia comes at a time when there's an increasing demand for efficiency and reliability in high-stakes processes. By leveraging automation, Ventia is expecting to dedicate more time to understanding the needs of different clients and drafting proposals. UNI SAS SS
Techday NZ
03-07-2025
- Business
- Techday NZ
Ventia adopts AI platform to speed up major infrastructure bids
Ventia has implemented an AI-powered platform, developed in partnership with DXC Technology, to streamline its bid writing process for major infrastructure contracts across Australia and New Zealand. Automation of bid writing The new platform, known as Tendia, automates the search, collation, and drafting of early-stage bid content – a process previously measured in days, now reduced to minutes. The solution is designed to help Ventia's teams prepare responses more quickly and accurately for complex, high-value tenders within its extensive operations. Tendia was developed by DXC's data, AI, and cloud experts, utilising Amazon Web Services (AWS) technologies including Amazon Bedrock and Kendra. The system is trained on Ventia's historical submissions to ensure that its outputs are relevant and accurate for current tender requirements. More than 10,000 AWS-certified professionals at DXC have contributed technical and security support to ensure the solution is viable at scale and enterprise-ready. The implementation of Tendia is seen as a practical demonstration of generative AI's expanding role beyond pilot projects, addressing complicated, document-heavy business processes at enterprise scale. Operational benefits for Ventia Ventia, one of the largest infrastructure service providers in the region, previously faced significant time and resource challenges preparing major tenders. The company has access to a workforce of more than 35,000 people operating across over 400 sites. Addressing these pressures was a primary driver for developing an AI-powered solution that could assist its teams in focusing on higher-value work within the bidding process. "Working with DXC, we've been able to improve the speed and quality of our bid development process. Tendia enables our teams to focus on higher-value work, deliver more accurate proposals, and respond faster to complex, multi-million-dollar tenders. This project marks the first phase of Ventia's broader AI adoption strategy to improve how we support clients and deliver services across the business." Ventia's General Manager for Strategy, Digital & Corporate Affairs, Em Hogan, pointed to these advantages, noting that the initiative is part of a wider programme to extend AI adoption across the organisation and its services. Technical background and partnership DXC's data, AI, and cloud teams worked closely with Ventia throughout the project, integrating AWS services such as Amazon Fargate, Kendra, and Cognito to deliver the Tendia solution. These components enable rapid, context-aware content generation and secure access for teams across different business units and geographies. "This collaboration shows how AI can support business-critical operations – within the public sector," said Seelan Nayagam, President, Asia Pacific, Middle East & Africa, DXC Technology. "We have drawn on our global scale and cross-industry AI experience to help Ventia turn an initial concept into an enterprise-ready solution. With over 10,000 AWS skilled resources and more than 15,000 experts trained through DXC's AI Academy and AI-Xcelerate programs, we're delighted to be supporting Ventia as it extends AI applications across more parts of its business," said Nayagam. DXC emphasised that its partnership with Ventia demonstrates how technology and global expertise can be applied to overcome barriers to generative AI use within critical business functions. The company's Consulting & Engineering Services team has a remit to operate and optimise mission-critical systems, including the co-creation and delivery of solutions based on automation and AI technologies. Productivity and security considerations The deployment of Tendia comes against a backdrop of growing demand for efficiency and accuracy in high-stakes processes such as infrastructure tenders. By automating the early stages of bid development, Ventia expects its staff to be able to dedicate more time to the strategic aspects of crafting proposals tailored to client needs and sector requirements. Tendia's support for compliance and data security is grounded in DXC's scale and AWS certifications, providing additional assurance for both technology stakeholders and business users. Both organisations have indicated that the platform's introduction represents only the initial stage in broader AI integration efforts across Ventia's operations, with further developments and expansions expected in the future.
