10 Things To Know As CSC Gives Way To DXC

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The Digital Focus

How important is a digital transformation in business? More than two-thirds – 68 percent - of companies recently surveyed by PwC said their CEOs are "active champions" of the strategy, according to Chris Curran, chief technology officer for PwC – and the only non-DXC executive to address investors Wednesday.

But only 38 percent of digital transformation projects are delivered on time, Curran added, which creates a "huge opportunity" since many businesses don't have the skills in-house to get the job done.

"Skills is the number one challenge that we have right now," he said, "figuring out how to get them, how to build them, how to partner for them, how to get them rapidly."

The PwC study also found that most businesses in such technology-intensive industries as financial services, health care and energy do not have the talent for digital transformation and are not ready to pursue it.

DXC sees a combined annual growth rate in the digital market of 25 to 30 percent by 2020, with a total addressable market of more than $90 billion.