Conduent completes separation from Xerox

Conduent has completed its separation from Xerox and is now an independent public company trading on the New York Stock Exchange. With over 93,000 employees in more than 40 countries, Conduent has around US$6.7 billion in annual revenue and has expertise in transaction-intensive processing, analytics and automation, offering a range of services focused on technology and innovation. The company will continue with its previously-announced major cost transformation programme which will streamline the b
January 5, 2017 Read time: 1 min
Conduent has completed its separation from 4186 Xerox and is now an independent public company trading on the New York Stock Exchange.

With over 93,000 employees in more than 40 countries, Conduent has around US$6.7 billion in annual revenue and has expertise in transaction-intensive processing, analytics and automation, offering a range of services focused on technology and innovation.

The company will continue with its previously-announced major cost transformation programme which will streamline the business, improve margins and enable investment into growth opportunities.

For more information on companies in this article

Related Content

  • User based insurance is helping good drivers and identifying the bad ones
    November 28, 2013
    Thomas Hallauer gives an overview of Usage Based Insurance (UBI), an industry that is putting telematic devices into more vehicles than fleet management ever did. The insurance market is going through a transformation phase never seen before. Insurers have not only started to track individual cars for Usage Based Insurance (UBI), they are also using the technology to enhance consumer services as more drivers join up to these schemes. Progressive Insurance in the US has 1.4 million customers signed up to
    Read More
  • ITS America 2023: a stellar event beckons
    April 18, 2023
    A view from ITS America Events organisers at RX Global on what is shaping up to be an unmissable stellar event
    Read More
  • Gogoro to list on Nasdaq
    September 24, 2021
    Battery-swap firm says it has accumulated more than $1bn revenue in less than five years
    Read More
  • Covid-19 and transportation: Maintaining critical operations in times of crisis
    September 12, 2020

     

    What were the major impacts of Covid-19 on transportation?

    At the peak of the shutdowns, passenger use of airports and mass transit was down 90 per cent. Use of roads by private vehicles was 60 per cent lower and use of commercial vehicles was down 10 per cent. Public transit was down 76 per cent and had to keep operating to get essential workers to their places of employment.

    Read More

Highlighted Content