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

  • Xerox takes youthful view of future transport
    August 23, 2016
    Xerox’s David Cummins talks to Colin Sowman about the lessons for city authorities from its survey of younger peoples’ attitude to transport. There can be no better way to get a handle on the future of transport demand than to ask the younger generation about how they view and consume today’s transport. Sociologists have called this group Generation Z – those born between 1995 and 2007 – which will make up 40% of all US consumers by 2020.
    Read More
  • Continental opens ITS facility in Silicon Valley
    August 19, 2014
    Continental is putting together an international team of innovators from the IT and automotive industries who will focus on intelligent transportation systems (ITS) to form a new business unit, called Continental Intelligent Transportation Systems. The business will be headquartered in Silicon Valley, California, USA and headed by Seval Oz, an expert in vehicle networking and automation. She previously worked on Google's self-driving car project. Continental sees the new business as an example of its st
    Read More
  • Grab campaign to raise transport safety in south-east Asia
    October 30, 2018
    Ride-hailing company Grab has launched a programme to make its service safer for drivers and passengers in south-east Asia. As part of the Safer Everyday Tech Roadmap initiative, Grab’s analytics tool works with the company’s app to help employees understand how to improve driving behaviour. Drivers also receive telematics reports on speeding, acceleration and breaking as well as reminders from a fatigue monitoring system on how long they have been travelling without taking a rest. Tan Hooi Ling, Gr
    Read More
  • New report sheds light on the road safety market
    October 5, 2015
    MarketsandMarkets’ latest report, Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019) claims that major driving factors responsible for the growth of the market are the constant need for road safety and public security, new infrastructural development, and traffic congestion and longer commuting. The significa
    Read More

Highlighted Content