AT&T Inc. (NYSE:T) and DXC Technology Co (NYSE:DXC) have announced the launch of new services through their joint initiative which aims to assist business customers all over the world.
AT&T’s joint venture with DXC Technology aims to provide services that will help businesses maximize their productivity, efficiency, and security in the management of cloud-based services. DXC is slated to become the first IT service firm to introduce a third-party virtual network function (VNF). The latter is based on AT&T FlexWareSM. The joint venture by the two firms will allow them to spearhead digital and technological transformations.
“By employing AT&T FlexWare, DXC can make a marketplace of deployable services available to clients, allowing them to improve service agility and security across their cloud networks. In doing so, businesses will be able to provide vastly improved network services to clients and employees,” stated DXC Technology’s chief technology officer, Dan Hushon.
The initiative by AT&T and DXC Technology is expected to offer a lot to clients
According to Hushon, the initiative is expected to offer lots of benefits to the company’s customers. It will also catapult both firms and place them at a strategic position as the industry shifts towards virtualization. Roman Pacewicz, the senior VP of AT&T’s management and service integration business stated that most businesses are currently locked out of hardware solutions. He further added that AT&T FlexWare was designed to offer virtualized networking solutions and flexibility can be configured as per the requirements.
Pacewicz also pointed out that his company’s collaboration with DXC Technology will provide businesses with a variety of networking options that are cost-effective and easy to deploy. The aim of the joint venture is to help businesses to transform towards a software-oriented future. DXC’s customers will gain access to world-class security protection in their small and midsized offices courtesy of the virtual edge service. The new offering will also utilize the OPEX model to facilitate the extension of DXC’s enterprise security policies to offices located in remote locations. AT&T FlexWare will be vital towards helping DXC in this mission.
AT&T stock closed the latest trading session on Thursday at $38.23.