Published: Tue, November 14, 2017
Sport | By Wilson Duncan

Technology company bringing 2000 jobs to New Orleans

Technology company bringing 2000 jobs to New Orleans

Louisiana Governor John Bel Edwards and New Orleans Mayor Mitch Landrieu held a news conference in the city to announce a "significant economic development".

The company is promising to locate 2,000 new jobs to its new digital transformation center to the city, with the first 300 by the end of next year. "With this project, Louisiana gains a next-generation leader in global technology services, our college graduates will find unprecedented job opportunities at home, and New Orleans will welcome a landmark project to elevate its economy as the city celebrates its Tricentennial next year".

DXC was formed in April by a merger between CSC and Hewlett's Enterprise Services business.

"The announcement of DXC Technology's Digital Transformation Center in New Orleans is the capstone on a decade-long effort to make New Orleans and Louisiana a new hub for technology and innovation", said Michael Hecht, President and CEO of Greater New Orleans, Inc. Traded on the New York Stock Exchange as DXC, it is a component of the S&P 500 Index.

The LSU Economics & Policy Research Group has estimated the project means $64.3 million in new state taxes, $868.4 million in new earnings and a total economic output of $3.2 billion. "That's why it's so exciting".

DXC serves almost 6,000 major clients across 70 countries, and the New Orleans center will support a global clientele, the news release said. The company said this initiative represents the state's largest single higher-education investment in a private-sector workforce partnership, seeking to expand the number of degrees awarded annually in computer science, management, and science, technology, engineering and math, or STEM-related studies. Officials there said Louisiana beat out 30 other states for the chance to host a "digital transformation center" — where the company will provide services to help clients adapt to rapidly changing digital technology.

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