Xerox’s new plans also include a $250 million corporate venture capital fund to invest in startups and early and mid-stage growth companies.
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Sequentially, however, Xerox fourth-quarter net revenue increased versus the third quarter, although net income and EPS declined.
One of the most innovative approaches office-imaging dealers have taken to diversification is exemplified by Novatech, with its Managed Office portfolio.
Probably the biggest question is whether, like many office-imaging companies, Xerox will continue a revenue recovery that began in its third quarter – as well as reverse many quarters of declining revenue.
North America will account for the majority of global MPS growth, but Europe, Russia, Asia, and Southeast Asia are the fastest-growing markets.
Two new market-research reports dramatically illustrate the profound impact of the COVID-19 pandemic and remote work and education.
Canon adjusted its forecast to reflect higher sales, and some market recovery in the third quarter.
Across the world, there were massive shifts to online tools in all aspects of human life, including collaboration, virtual business events, entertainment, shopping, telemedicine, and education.
By December 2025, Canon is aiming that four new business will make up 40 percent of its sales, compared to 25 percent in 2019.
Lexmark believes the trend towards cloud connection is going to continue to grow as SMB customers move away from centralized A3 printing towards distributed A4 printing.
Non-HP printers supplies include chips of unknown origin that may employ un-trusted firmware.
Amid a tumultuous 2020, the case of printer and PC maker HP Inc., rival Xerox, and investor Carl Icahn continues to intrigue.
COVID-19 technology survey shows two-thirds of businesses adopted AI business processes during COVID-19 pandemic lockdowns.
As in the 1920s, today we’re also seeing a rapid increase and adoption of technological innovation, such as cloud computing and Internet of Things.
For office-printer companies, the big question is, once employees return to offices, will they return to office printing after many have learned how to cope without it?
DX (digital transformation) is here to stay, replacing many paper-based processes, but it’s not without its vulnerabilities, from minor to...