Xerox Plans Restructuring as it Seeks New Revenue Growth
Xerox’s new plans also include a $250 million corporate venture capital fund to invest in startups and early and mid-stage growth companies.
Category: Featured Posts
Double-Digit Declines for Xerox Fiscal Year and Fourth Quarter
Sequentially, however, Xerox fourth-quarter net revenue increased versus the third quarter, although net income and EPS declined.
This Week in Imaging: From Managed Print Services to Managed Offices
One of the most innovative approaches office-imaging dealers have taken to diversification is exemplified by Novatech, with its Managed Office portfolio.
Can Xerox Reverse Revenue Decline and Regain Earnings Growth?
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.
Modest Growth Forecast for Global Managed Print Services Market
North America will account for the majority of global MPS growth, but Europe, Russia, Asia, and Southeast Asia are the fastest-growing markets.
This Week in Imaging: As Office Page Volumes Drop, PC and Cloud Infrastructure Sales Take Off
Two new market-research reports dramatically illustrate the profound impact of the COVID-19 pandemic and remote work and education.
Canon Revises Full-Year Forecast
Canon adjusted its forecast to reflect higher sales, and some market recovery in the third quarter.
Shift to Remote Work and Education Fuels Cloud-Infrastructure Market
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.
Canon to Reorganize As it Seeks to Diversify Revenue and Sales
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 Reports Record Increase in Cloud-Connected Printers
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.
HP Warns Third-Party Ink and Toner Cartridges Can be Security Vulnerability
Non-HP printers supplies include chips of unknown origin that may employ un-trusted firmware.
HP Inc. Outperforms HP Enterprise – as Well as Carl Icahn Predictions
Amid a tumultuous 2020, the case of printer and PC maker HP Inc., rival Xerox, and investor Carl Icahn continues to intrigue.
At-Home Employees Frustrated by Poor Business Processes
COVID-19 technology survey shows two-thirds of businesses adopted AI business processes during COVID-19 pandemic lockdowns.
This Week in Imaging: Will Office Print Be Part of the Next ‘Roaring Twenties?’
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.
The Year-in-Review for the Office-Imaging Industry
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?
This Week in Imaging: DX is Here to Stay, But Vulnerabilities Remain
DX (digital transformation) is here to stay, replacing many paper-based processes, but it’s not without its vulnerabilities, from minor to...
