DXC Technology’s AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

DXC Technology Company (NYSE:DXC) is one of the cheap IT stocks hedge funds are buying. On July 3, DXC Technology announced the deployment of an AI-driven bid writing solution called Tendia for Ventia. Ventia is one of the largest essential infrastructure service providers in Australia and New Zealand.

The new platform significantly reduces the time required to draft initial bid responses for major infrastructure contracts, cutting it from days to minutes, thereby enhancing Ventia’s ability to quickly respond to complex and high-value tenders. The Tendia solution was developed in collaboration with DXC and was deployed in just 4 months.

DXC Technology's AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

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It works by automating the time-consuming process of sourcing and synthesizing information from extensive document libraries. Tendia allows their teams to focus on higher-value work, deliver more accurate proposals, and respond more quickly to multi-million-dollar tenders.

DXC Technology Company (NYSE:DXC) provides IT services and solutions internationally.

While we acknowledge the potential of DXC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DXC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.