The cloud has forever changed infrastructure services landscape – just ask IBM, HPE, CSC and Atos
At the time, DXC branded the offer, believed to be in the region of $10 billion, as “inadequate and lacking certainty in light of the value the board believes DXC can create on a standalone basis by executing our transformation journey.”
DXC was forged in the fires of a merger between two struggling businesses, CSC and HPE Enterprise Services, theyto boost economies of scale in a part of the tech industry that was being decimated by the cloud as enterprises took another look at the way they consume technology. The approach taken by the early management team at DXC was to cut costs faster than revenues ran off; this involved real estate consolidation, including datacenter space, and unrelenting redundancy rounds for staff on the infrastructure services side. Morale internally slumped among some employees.
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