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May 2022

SAP Services Providers

Recently, SAP Services market leader DXC Technology was awarded a $465m, digitalization contract extension with Lloyd’s of London, aka Lloyd’s, a leading U.K.-based insurance provider. The contract, which was initially signed in January, tasked DXC with rearchitecting Lloyd’s IT system as well as developing a cloud-native platform built to replace legacy vendors still being utilized. With the contract given such a sizeable extension and DXC’s public performance having a volatile previous twelve months, DXC’s public reception going forward will be interesting to follow.