Xerox Spins Out Novity, Provider of IoT-Based Predictive Maintenance
Founded in 2022, Novity was created from PARC, drawing on PARC’s decades of innovation in artificial intelligence, sensors, and the Internet of Things (IOT).
Founded in 2022, Novity was created from PARC, drawing on PARC’s decades of innovation in artificial intelligence, sensors, and the Internet of Things (IOT).
This week saw another quarter of year-over-year revenue decline for Xerox, and the firm lowered its revenue guidance for its......
Featured Posts / Financial News / News / Xerox
by Kathleen Wirth · Published October 25, 2022 · Last modified October 27, 2022
Company continues to be hampered by Inflation and supply-chain constraints, although equipment revenue sees small improvement.
As part of the company’s goal to reach net zero emissions by 2040, Xerox implemented climate change awareness training for all employees worldwide.
“After four years of fast-paced hardware and software development, Xerox has made the unfortunate decision to cease all new development and sales…”
“Given ongoing inflationary pressures encumbering nearly every industry, we are focused on evolving our operations to directly improve customer outcomes.”
Xerox today announced a new partnership with LinkSquares to provide contract life-cycle management…
Eloque was said to be part of Xerox’s broader entry into the Internet of Things (IoT) industrial market.
Featured Posts / Financial News
by Kathleen Wirth · Published August 23, 2022 · Last modified September 6, 2022
Overall, most companies reported lack of components, as well as rising costs for both components and shipping, and large backorders.
One thing that could throw a wrench into the chip supply stabilizing next year is China…
3D Printing / Canon / Epson / HP / Market Reports & Forecasts / News
by Kathleen Wirth · Published August 9, 2022
“As the world looks to additive manufacturing in an effort to overcome continuing supply-chain challenges, shipments in the strategic Industrial and Design price classes were up.”
About $40 billion of cargo – including printers and MFPs – sitting in cargo ships off the U.S. East Coast waiting to be unloaded.
The saga of a contract to provide the U.S. Navy with printers and copier/MFPs continues…
Bandrowczak previously served as interim CEO after the passing of CEO John Visentin.
Company says demand remains strong, and remains positive for the rest of the year.
Canon / Featured Posts / Financial News / Konica Minolta / Xerox / YSoft
by Kathleen Wirth · Published July 29, 2022
One factor behind Canon’s success may be its development of a Prosumer segment for its Printing group…
Follow: