Monumental Sports & Entertainment Announces DXC as Official Global Partner
Rhea-AI Summary
DXC Technology (NYSE: DXC) has expanded its partnership with Monumental Sports & Entertainment (MSE) as an official global partner. The collaboration will support MSE's $800+ million entertainment district transformation in downtown Washington, D.C., including the new Capital One Arena. DXC will provide expertise in cloud infrastructure, cybersecurity, enterprise applications, and AI to enhance fan experiences across MSE's properties, including the Washington Wizards (NBA), Washington Capitals (NHL), Washington Mystics (WNBA), and Monumental Sports Network (MNMT).
As part of the partnership, DXC will be the presenting partner of MNMT's new show "Sports Business Journal: Inside the Industry" and will utilize MNMT studios for content creation reaching its 120,000 global employees. The partnership aims to create a technologically advanced arena serving millions of visitors over the next 25 years.
Positive
- Partnership supports MSE's $800+ million entertainment district transformation
- DXC brings expertise in cloud infrastructure, cybersecurity, and AI to enhance fan experience
- Multi-year collaboration spans across multiple sports franchises and properties
- Access to MNMT studios for content creation reaching 120,000 global employees
Negative
- None.
Insights
DXC secures strategic multi-year partnership with MSE, expanding revenue opportunities in sports tech without disclosed financial impact.
DXC Technology has strategically positioned itself in the high-growth sports technology sector through this expanded partnership with Monumental Sports & Entertainment (MSE). The collaboration is multi-dimensional, encompassing cloud infrastructure, cybersecurity, enterprise applications, and AI implementation across MSE's diverse portfolio of sports teams and entertainment venues.
The partnership's centerpiece involves DXC providing technology solutions for MSE's new Capital One Arena project—part of an $800+ million entertainment district transformation in Washington, D.C. This represents a significant showcase opportunity for DXC's capabilities in creating integrated digital experiences at scale.
While the press release doesn't disclose specific financial terms or revenue projections from this deal, the multi-year nature suggests a stable, long-term revenue stream for DXC. The company gains valuable visibility by associating with prominent sports franchises like the Washington Wizards (NBA), Capitals (NHL), and Mystics (WNBA).
From a strategic perspective, this partnership aligns with DXC's broader enterprise focus while expanding its portfolio in the experience-driven sports and entertainment vertical. The company will also leverage MSE's media platform as presenting partner of a sports business show and utilize MNMT studios for content creation reaching DXC's 120,000 employees globally.
For investors, this represents incremental business development rather than a transformative deal. Without disclosed financial details, the direct revenue impact remains unclear, though the partnership adds a notable reference customer in a high-visibility sector with potential for technology showcase opportunities.
For highlights of MSE and DXC partnership, CLICK HERE.
The multi-year collaboration will span across the entire MSE enterprise, including the NBA's Washington Wizards, NHL's Washington Capitals, WNBA's Washington Mystics, Capital One Arena, and Monumental Sports Network (MNMT). MSE will leverage DXC's expertise in cloud infrastructure, cybersecurity, enterprise applications, and AI to deliver smarter connected experiences to millions of fans around the world.
"Our expanded partnership with DXC aligns perfectly with our vision for the new arena, leveraging their technological prowess to enhance the experience for our fans, partners, and more. Together, we are setting the stage for a dynamic hub in downtown D.C. and DXC's technology and industry expertise will help us redefine how we experience sports, entertainment, and business in the heart of our nation's capital," said Jim Van Stone, President of Business Operations and Chief Commercial Officer at MSE. "As we embark on the transformative process of creating a brand-new arena and surrounding entertainment district, we are not just reshaping a physical space, we are creating a vibrant ecosystem where businesses can connect, collaborate, and engage with audiences on a global scale."
"Together, DXC and MSE are driving the next era of innovation in sports, entertainment, and business," said Kaveri Camire, SVP and Chief Marketing Officer at DXC. "As a trusted partner to many of the world's most innovative brands, DXC brings deep industry expertise and engineering excellence to help customers innovate for the future. We're proud to collaborate with MSE and reimagine Capital One Arena to create smarter, more immersive fan experiences that set a new standard in business and sports."
DXC will join MSE as the presenting partner of MNMT's newest original show, Sports Business Journal: Inside the Industry, covering the rapidly evolving business of sports and innovation. DXC was the first partner to leverage the award-winning MNMT studios to create dynamic internal and external content, reaching its 120,000 employees worldwide, as well as customers and partners.
Today's announcement comes as construction is underway on the brand-new arena. MSE is taking a 360-degree approach to planning a high-tech, high-touch building that will serve millions of annual visitors for the next 25 years and set a new standard for fan experience and technological innovation.
Additional information about MSE's brand-new arena is available HERE.
About Monumental Sports & Entertainment
Monumental Sports & Entertainment is America's leading integrated sports and entertainment company and is ranked as one of the most valuable globally. Our people, players, teams, and events bring excitement and joy to millions. We invest and innovate to consistently raise the game so we can deliver extraordinary experiences that will inspire and unite our community, our fans, and our people. To learn more, please visit monumentalsports.com.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies 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 companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
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SOURCE DXC Technology Company
FAQ
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