Xerox Launches New Novity Venture for Industrial IoT-Based Predictive Maintenance
Xerox’s PARC today launched Novity, a new venture designed to commercialize predictive maintenance (PdM) technology…
Category: Xerox
This Week in Imaging: ‘Now and Next’ – Xerox Outlines Strategy for Print, New Businesses
Back in the day at any Xerox conference, you would hear a lot about office and production hardware, and related......
Xerox Rebrands Xerox Financial Services, Will Target New Financing Opportunities
At its Investors Day Conference held on February 23rd, Xerox announced a new name for Xerox Financial Services, and said business will target financing opportunities beyond Xerox equipment and services.
Moody’s Downgrades Xerox Debt Rating, But Outlook is Stable
Moodys noted that Xerox has gained market share in the past year, particularly for office-focused offerings, but its competition remains intense in this mature industry.
This Week in Imaging: Summary of Document-Imaging Companies’ Latest Financial Results
With virtually all document-imaging companies having reported their latest financial results, following is a summary of those results…
This Week in Imaging: Toshiba Tec No Longer a Core Business for Toshiba
Toshiba now considers Toshiba Tec, which makes copier/MFPs and point-of-sale systems, a non-core business – but is a sale in the works?
Xerox Partners with Vertex to Provide Aluminum 3D Printing to Industrial Customers
“ElemX takes all the benefits of 3D printing and makes it easier than ever before for manufacturers to use metal additive manufacturing.”
This Week in Imaging: OKI and Ricoh’s Interesting New Partnership
This week’s most interesting news was Oki and Ricoh’s announcement that they’ve teamed up to develop an A3 printer engine......
Xerox Plans to Expand Bridge-Monitoring Technology Initiative
Back in May 2021, Xerox announced that it was forming a joint venture, Eloque, with the Australian government, under which the two would use technology developed by Xerox’s PARC to monitor the health of structures such as bridges.
Kelley Connect Expands in Pacific Northwest
Continuing its expansion in the Pacific Northwest, Kelley Connect has acquired two new document-imaging companies. Kelley Connect, which is based......
Xerox Executives Discuss Why Financials Set to Improve this Year
Revenue declines are never good, but it is possible to see Xerox improving, with a lot resting on two things: Xerox clearing its order backlog with supply restrictions easing, and workers returning to the office this year, two things that are likely to occur.
Gartner: Global IT Spending to Increase 5.1 Percent in 2022
Gartner forecasts that the IT services segment is expected to have the second-highest spending growth in 2022
Xerox’s Fourth-Quarter Financials Hit by Supply-Chain Challenges, Delayed Return-to-Office
Xerox today reported results for its fourth quarter, and complete fiscal year, with fourth-quarter revenue down, and full-year revenue flat.
Xerox Protests Loss of Massive U.S. Defense Contract to HP Supplier
The U.S. Government Accountability Office (GAO) has just publicly released its report on a protest by Xerox concerning a multi-million-dollar......
Xerox’s CareAR Acquires 3D Visualization and Augmented Reality Company
CareAR, a Xerox company that provides augmented reality service management, announced today that it’s acquired MagicLens for an undisclosed sum.......
CEO Says Chip Shortage Will Last Until 2023; Samsung to Build New U.S. Chip Plant
“The country made a mistake over the past one or two decades to farm out manufacturing of all these essential supplies, whether it be now semiconductors or could be healthcare supplies that we needed during the time of COVID.”
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