ANNOUNCEMENT: DXC-Luxoft opens a new headquarters in Italy and an Automotive Center of Excellence in Turin

A $5 million investment to support Italian automakers in the shift to software-defined vehicles.

ANNOUNCEMENT: DXC-Luxoft opens a new headquarters in Italy and an Automotive Center of Excellence in Turin

A $5 million investment to support Italian automakers in the shift to software-defined vehicles

It plans to hire another 400 software engineers in the next two years.

TURIN, Italy, Oct. 27, 2022 /PRNewswire/ -- Luxoft, a DXC Technology (NYSE: DXC) company, has opened a new Italian headquarters and Automotive Center of Excellence in Turin. As part of the investment of more than 5 million dollars (4.4 million euros), Luxoft plans to hire 400 software engineers in the next two years. The goal is to support Italian automotive companies with cutting-edge technological talent and drive new revenue streams in the burgeoning software-defined vehicle sector.

With more than 30 years of experience in the country, DXC already employs more than 2,000 technology experts throughout Italy at its facilities in Milan, Rome and Bari. Leveraging this presence and adding to the 200 software engineers it already has in the country, Luxoft is increasing its capabilities to partner with Italian automakers and OEMs on challenges such as data analytics, application management and optimization of business processes.

Luxoft has chosen Turin for its access to local skills, its proximity to key customers and partners, and its important position in the Italian automotive ecosystem. It is part of a network of Luxoft facilities focused on digital mobility solutions across Europe and around the world.

Inaugurated today at a ceremony featuring Luxoft and DXC executives, government officials and automotive company leaders, Luxoft's new Italy headquarters and Automotive Center of Excellence are housed in Turin's Lingotto building, formerly an automobile factory. , and today a symbol of the Italian automotive industry.

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"The move to software-defined vehicles is a revolutionary and unstoppable force in today's automotive industry. In this new business model, automakers are able to engage customers directly with digital services, while reducing the complexity and costs. Operating from Turin allows us to be part of one of the most important automotive centers in the world, where there is experience, research capacity and an ecosystem of companies working towards the vehicle of the future."Luz G. Mauch , EVP Automotive Luxoft

"DXC has three decades of experience supporting leading Italian organizations in many fields of national importance, from manufacturing to energy, finance and government. With the launch of Luxoft's state-of-the-art technology facility in the city from Turin, we are promoting the automotive sector in Italy and confirming our commitment to Italian innovation." Eugenio Maria Bonomi, Managing Director, DXC Technology Italy

"The Metropolitan City of Turin is focused on the economic development of the region. The automotive sector is a key player. Our goal is to support innovation through technology and society, capable of combining a vision of the future with the skills development in our region. We are excited about Luxoft's investment and will follow it with interest."Sonia Cambursano, Councilor of the Metropolitan City of Turin

About Luxoft

Luxoft is the design, data and development arm of DXC Technology, providing comprehensive bespoke technology solutions for mission-critical systems, products and services. We help create organizations powered by data, solving complex operational, technological and strategic challenges. Our passion is building resilient businesses, while generating new business channels and revenue streams, exceptional user experiences, and modernized operations at scale. For more information, visit www.luxoft.com

Acerca de DXC Technology

DXC Technology (NYSE: DXC) helps global enterprises run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds. The world's largest enterprises and public sector organizations trust DXC to deliver services that drive new levels of performance, competitiveness, and customer experience across their entire IT suite. Learn more about how we deliver excellence to our clients and colleagues at DXC.com.

Together, DXC and Luxoft offer a differentiated customer value proposition for digital transformation, combining Luxoft's digital front-end capabilities with DXC's expertise in IT modernization and integration.

Media Contacts: Cristina Pipolo, Head of Marketing and Communications, DXC Technology Italy, cristina.pipolo@dxc.com; Sergey Karas, Head of Global Marketing, Luxoft, Skaras@dxc.com

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