Report 10 Sep 2025

DXC Technology - Vendor Profile - Spain

DXC Spain has emerged as a strategic growth engine within the company’s global portfolio, securing major contracts and expanding capabilities that position it as a digital transformation leader rather than a traditional IT outsourcer. Under President Alfonso García Muriel, appointed in April 2024, the Spanish operation has committed to hiring 5,000 professionals over three years while establishing new Centres of Excellence in Zaragoza (AI and cloud services) and Girona (public sector digitalisation).

DXC Spain’s transformation is exemplified by landmark financial services contracts. In July 2025, DXC signed a 10-year agreement with Unicaja Banco to modernise core operations through AI and automation, including the acquisition of the bank’s IT subsidiary FK2. This was followed by an August 2025 deal with Banco Sabadell for comprehensive digital accessibility testing, dedicating a purported 350,000 hours annually to ensure regulatory compliance. These partnerships demonstrate DXC’s evolution from vendor to strategic partner in Spain’s banking sector.

Beyond financial services, DXC has diversified with a seven-year plan aiming for more international contracts for SAP S/4HANA migration and the innovative “Quercus” AI platform developed with Ferrovial and Microsoft. Industry recognition reinforces this positioning, with Dell naming DXC its Workplace Transformation Partner of the Year and Forbes recognising it among top consulting firms.

Globally, DXC faces revenue pressures despite improved profitability, with FY25 revenues of $12.87 billion declining 5.8% year-over-year. However, Q1 FY26 results showed momentum with bookings growing 14% to $2.8 billion for the third consecutive quarter of double-digit growth. Spain’s focus on high-value, long-term contracts aligns with DXC’s broader strategy to prioritise profitable growth over pure revenue expansion, making it a critical component of the company’s European recovery strategy.