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- FRISS Insurance Fraud Report 2018 indicates insurers prioritize fraud detection and prevention but there is room for improvement
- ABI reports UK motor insurance payouts up 4% averaging £23m per day in first nine months
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- RMS estimates that the insured loss for the Camp and Woolsey wildfires in California will be between $9 and $13bn expired
- Polaris announces Banga as new Managing Director expired
- Willis Towers Watson strengthens Insurance Consulting and Technology business with two senior hires expired
- Assurant appoints CFO, Europe expired
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- SOBC DARAG Holdings acquires the entire share capital of SOBC Services expired
21st January 2018
DXC Technology recognized as a 2018 Top 100 Global Technology Leader by Thomson Reuters
DXC Technology has been recognized as a 2018 Top 100 Global Technology Leader by Thomson Reuters. The inaugural program identifies the tech industry’s most operationally sound and financially successful organisations.
The Thomson Reuters Top 100 Global Tech Leaders study, the industry’s first holistic assessment of today’s leading tech companies, utilizes a 28-point data-driven algorithm to objectively identify organisations positioned to thrive in a complex and changing business environment. The patent pending methodology, developed by the Thomson Reuters Boston Innovation Lab, is based on eight principal pillars of performance: Financial Performance, Management and Investor Confidence, Risk and Resilience, Legal Compliance, Innovation, People and Social Responsibility, Environmental Impact, and Reputation. According to Thomson Reuters, these are the companies whose final scores across the pillars outshine over 5,000 other technology companies around the world.
“DXC Technology is proud to be recognized as a Top 100 Global Technology Leader by Thomson Reuters,” said Mike Lawrie, DXC Technology chairman, president and ceo. “We are honoured to gain this recognition and are committed to delivering innovative solutions that best serve our clients on their digital transformation journeys.”
“Tech companies operate at warp speed confronting competitive, regulatory, legal, financial, supply chain and myriad other business challenges. Oftentimes, their financial success overshadows operational integrity, making it difficult to identify those organisations with true fortitude for future success,” said Alex Paladino, global managing director of the Thomson Reuters Technology Practice Group. “With the Top 100 Global Tech Leaders, we’ve identified the unique data points that embody technology industry leadership in the 21st century; congratulations to the companies that made the list.”
Key findings among the 2018 Top 100 Global Technology Leaders:
-In addition to being recognized in the first true valuation of global technology leaders, these organisations outperform the Nasdaq, S&P 500 and MSCI World indices in year-over-year stock price change by 3.91%, 4.04% and 7.1%respectively.
-They outperform these indices across other factors, including YoY R&D investment, employee percent change and revenue percent change.
-45% of the leaders are headquartered in the US; Japan and Taiwan are the next most prolific regions, with 13 top 100 tech companies each.
DXC’s highest scores were achieved among these four pillars:
-Management and Investor Confidence, specifically in StarMine’s Smart Money Combined Alpha Model(CAM) at 91%;
-Innovation, specifically in Thomson Reuters Environmental, Social and Governance(TRESG) at 84%;
-People and Social Responsibility, Corporate Social Responsibility (CSR) Strategy and Community and Workforce at 84% and 78% respectively; and
-Environmental Impact, TRESG Emissions and Resource Use at 78% and 77% respectively.
Visit http://tr.com/top100tech to access the full report and view the complete list of 2018 Thomson Reuters Top 100 Global Technology Leaders.
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