Xerox has landed a six-year Enterprise Print Services (EPS) contract with aerospace leader Boeing. Under the contract, Xerox will focus on Boeing’s U.S. offices, consolidating Boeing’s print, copy and fax devices, and design a strategy for the best printing options based on price, energy efficiency and ink use, and will also help Boeing meet environmental sustainability goals for reducing [...]
Xerox CEO: Xerox, HP, Lexmark Leaders in Document Outsourcing
Xerox CEO and Chairman Ursula Burns yesterday discussed Xerox’s first-quarter earnings report, and also spoke candidly about competitors in document outsourcing, under which companies may provide not only printer/copier hardware, but solutions for automating an enterprise’s document workflow, making information easier to find, access and integrate into digital format. In a transcript of the conference [...]
Xerox Earnings Down for 1st Quarter, Services Revenue Up 10%
Xerox reported first-quarter earnings of $269 million, down from the $281 million it reported for first-quarter 2011. Total revenue was $5.5 billion, up 1 percent versus first quarter 2011, with services revenue up 9 percent and technology revenue down 5 percent. Earnings per share were flat at 19 cents. The firm reports that its growth in services [...]
Xerox Releases 2011 Annual Report
Xerox has released its 2011 Annual Report. Here are the financial highlights: Financial Highlights (in millions, except EPS) 2011 2010 Total revenue $22,626 $21,633 Equipment sales 3,856 3,857 Annuity revenue 18,770 17,776 Net income– Xerox 1,295 606 Adjusted net income*– Xerox 1,563 1,296 Diluted earnings per share 0.90 0.43 Adjusted earnings per share* 1.08 0.94 [...]
New Xerox Solid-Ink ColorQube MFPs with Hybrid Color Cost per page Pricing
Xerox has expanded its family of solid-ink color MFPs and printers with two new A4 color MFPs, the ColorQube 8700 and 8900, which start at $2,499, and can be purchased with color cost per page plans that’s based on the amount of color page coverage the customer prints. The new ColorQube 8700/8900, which Xerox will also make available as [...]
Xerox No. 1 in Market Share for Managed Print Services, Says IDC
Xerox has the number-one market share for global managed print services and basic print services, according to market-research firm International Data Corporation (IDC). As we reported last week, Ricoh is second, followed by Hewlett-Packard, Lexmark and Canon. Last December, Gartner Inc. also cited Xerox as the worldwide leader in Managed Print Services (see here.) Also [...]
Xerox Wins $848 Million Contract for Cloud-Based IT, $53 Million Print Contract
Xerox has won a $848 million contract from the state of Texas under which it will modernize the state’s data centers, including transitioning to cloud-based data services. Under the eight-year contract, Xerox will help the Texas Department of Information Resources (DIR) streamline state agencies’ IT operations by refreshing technology and combining operations from 28 separate facilities [...]
New Light-Production Printer/Copiers from Xerox Print at up to 125 ppm
Xerox has rolled out new black-and-white light-production printer/copiers and printers, the Xerox D95/D110/D125 Copier/Printer and D110/D125 Printer, which list from $53,400 to $86,350, and which it’ll be distributing through direct-sales agents, resellers, and dealers. Targeted markets include education, transactional printing, and print-for-pay. Xerox rates the printer/copier models at 95, 110 and 125 ppm, while the D110/D125 printers [...]
Xerox Launches Cloud-Based Service for Tracking, Securing, Mobile Devices in the Workplace
With the explosion of mobile smartphones and tablet PCs in the office, Xerox has stepped up to the plate with a new cloud-based Mobile Device Management (MDM) service. MDM is designed to enable companies to track and secure these mobile devices, so that, for instance, if lost, they become unusable, thus protecting confidential data stored on [...]
Xerox’s Global Imaging Adds Flordia IT Services Provider
Xerox’s Global Imaging Systems has acquired Iowa-based company, RK Dixon, a provider of IT services, copiers, printers and managed print services with locations in seven Iowa and Illinois cities. The acquisition expands Global Imaging Systems’ coverage in central Illinois and eastern Iowa, as well as its strategy to create a nationwide network of locally based companies. [...]











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