Technology

DXC Technology Partners with Ferrovial and Microsoft to Unveil Generative AI Platform Quercus

ASHBURN, Va., May 17, 2024 /PRNewswire/ -- DXC Technology (NYSE: DXC), the esteemed Fortune 500 technology services powerhouse, has announced an exciting collaboration with Ferrovial (NASDAQ: FER), a global leader in infrastructure, and tech giant Microsoft. This alliance aims to pioneer the development of the cutting-edge generative Artificial Intelligence (AI) platform named Quercus.

Quercus: A New Frontier in AI Application

Quercus is built on the robust platform engineering principles and is set to transform how businesses across the globe adopt secure, responsible AI innovations. As organizations strive for superior profitability and operational efficiency, Quercus emerges as a beacon, promising to spearhead the integration of AI solutions into mainstay business operations, thus enabling automation of crucial processes.

Bespoke AI Solutions: Increasing Speed and Agility

In its commitment to delivering top-notch services, DXC will work towards standardizing Quercus, subsequently providing it as a revolutionary AI solution tailored to the unique needs of its global clientele. This standardization is poised to reduce the time traditionally required to craft custom AI solutions from the ground up, granting organizations the agility to swiftly deploy and harness the benefits of generative AI. By doing so, businesses are expected to secure a formidable competitive edge within their respective industries.

Strategic Collaboration for Scalable Transformation

The triumvirate of DXC, Ferrovial, and Microsoft will not only foster the growth and scalability of generative AI but also streamline Ferrovial's transition, enhancing its internal operations and market offerings. DXC assumes the pivotal role of continually evolving Quercus, all the while ensuring its maintenance and commercial availability. The platform will be powered by Microsoft's Azure and leverage OpenAI technology to equip organizations with an unparalleled AI tool.

A Milestone for AI-Driven Business Services

Howard Boville, Executive Vice President of Consulting & Engineering Services at DXC Technology, hailed the agreement as a significant leap in AI-supported business services. The synergy of expertise between Ferrovial and Microsoft is set to reinvent the process of technology solution development within the AI space. Boville expressed confidence that Quercus will deliver unprecedented value to DXC customers, providing them a considerable upper hand in the marketplace.

Ferrovial's Early Adoptions and Future Prospects

Ferrovial has taken the initiative to integrate an early version of Quercus within its services, developing a virtual AI assistant designed to bolster key business functions such as human resources, health & safety, tender processes, and intelligent cybersecurity agents. Dimitris Bountolos, CIIO of Ferrovial, emphasized the company's goal to deploy the platform broadly to streamline operations, generate innovative designs, and elevate employee health and safety applications. Ferrovial's adoption of Quercus reflects a shift from project-centric approaches to an industrialized model that enhances innovation and maximizes business value.

Quercus: A Hub for Mission-Critical Business Systems

The capabilities of Quercus do not end with process optimization. The platform is designed to converge seamlessly with essential business systems, coordinating with other generative AI models to substantially amplify the performance and impact for customers. Such integration will solidify Quercus as a force multiplier in the realm of business AI applications.

Microsoft's Commitment to Responsible AI Integration

Microsoft, with its strategic ties to both DXC and Ferrovial, proudly joins the collaborative endeavor, underpinned by its Responsible AI technology. Alberto Granados, President of Microsoft Spain, underscored the importance of incorporating AI into society in a way that is both efficient and ethical. He stressed that the successful deployment of AI solutions should take into account crucial considerations like security, privacy, reliability, fairness, inclusivity, accountability, and transparency.

Anticipating the Horizon: Forward-Looking Statements

In light of this significant announcement, it is imperative to note that all future-oriented statements in this press release are predictions based on current beliefs and expectations. No assurances can be provided regarding the attainment of the results depicted in these statements. These forward-looking statements are laden with various assumptions, risks, uncertainties, and factors beyond our control that may result in material deviation from anticipated outcomes. For a comprehensive breakdown of potential risks, interested parties may refer to the "Risk Factors" section in DXC's imminent Annual Report on Form 10-K for the fiscal year concluding on March 31, 2024, as well as any subsequent SEC filings. Although we strive to achieve the objectives stated in forward-looking statements, readers should exercise caution in relying on these projections, which are only relevant as of their respective dates.

About DXC Technology

DXC Technology (NYSE: DXC), renowned for its vast expertise, empowers global enterprises to manage their mission-critical systems with precision. The company is a trusted partner for modernizing IT infrastructure, optimizing data architectures, and ensuring top-notch security and scalability across diverse cloud environments. World-leading companies and public sector entities rely on DXC's proficient service offerings to attain unprecedented levels of performance, competition, and customer satisfaction throughout their IT domains. For further information about how DXC pioneers in delivering excellence for customers and colleagues alike, visit DXC Technology.

The Quercus Advancement: Integrating AI for a Smarter Future

The unfolding narrative of Quercus presents an inspiring chronicle of technological advancement, with DXC Technology, Ferrovial, and Microsoft at the helm. This partnership is a clarion call to businesses worldwide, heralding an era where generative AI becomes an integral, seamless component of business operations. The launch of Quercus marks not merely a developmental stride but a strategic leap towards an AI-empowered future where innovation and optimization are paramount.

Quercus and the Industry: A Vision of Agile Implementation

The broad applicability of Quercus across industries underscores its adaptability and efficiency. As businesses seek novel avenues to streamline functions and edge out competitors, Quercus stands as a testament to what can be achieved through collaborative efforts. The platform's intrinsic flexibility and customizability promise a new paradigm where industry-specific challenges are met with rapid, tailored AI deployments. In essence, Quercus is set to revolutionize how businesses conceive, implement, and benefit from AI technology.

Driving Innovation and Competitiveness with Quercus

Looking ahead, the stewardship of DXC over Quercus injects confidence into the market, signaling a steadfast commitment to development and adaptation. As DXC forges ahead with this AI initiative, its global clientele can anticipate a suite of enhanced services and solutions marked by innovation and competitiveness. In this light, the relevance of Quercus cannot be overstated, as it not only enhances business processes but also propels companies towards achieving an enviable position of industrial leadership.

Evolving Markets and the Quercus Impact

In an interconnected and rapidly evolving business landscape, the successful integration of AI platforms like Quercus may well dictate market dynamics. The collaboration brings to the table a shared vision of a world where AI technology is not just an add-on but a core component redefining productivity and creativity in businesses. As organizations adopt Quercus, we may witness a collective elevation in operational standards, where increased efficiency is the norm and innovation is relentlessly pursued.

Responsible AI: The Ethical Blueprint of Quercus

Microsoft's emphasis on responsible AI conveys a potent message about the future direction of technology integration. Quercus, as a model of this philosophy, seeks to mirror human-centered values within its technical framework. By adhering to ethical standards, the platform aspires to foster an environment where technology serves humanity efficiently, responsibly, and without bias. Microsoft's contribution to Quercus cements an ethical blueprint, ensuring responsible progress in AI development and application.

Final Thoughts: Quercus as the Vanguard of AI Solutions

In conclusion, the Quercus initiative showcases the potent synergy of industry leaders and their drive to shape the future of AI application in business. As we stand on the brink of a new technological epoch, the platform embodies the very essence of progression, utility, and ethical responsibility. With an eye towards the future, DXC Technology, Ferrovial, and Microsoft are setting a precedent for how technology, commitment, and collaboration can culminate in a transformative experience for organizations and indeed, society at large.

SOURCE: DXC Technology Company

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