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

  • Smart transportation market worth US$138.76 billion by 2020
    July 24, 2015
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
    Read More
  • Authorities look to MaaS for new solutions and cost savings
    July 18, 2017
    The structure of society and the way in which our cities work will be completely transformed by Mobility as a Service (MaaS), Finland’s minister of transport and communications Anne Berner, told ITS International’s recent MaaS Market conference 2017 in London. In her keynote address, Berner told a packed audience of more than 200 ITS professionals that MaaS has the potential to help governments around the world meet their big city targets such as the rate of employment, the environment, the efficient use of
    Read More
  • Major growth predicted in automatic passenger counting and passenger information systems
    March 27, 2017
    According to a new market research report by MarketsandMarkets, the automated passenger counting (APC) systems market is expected to reach US$298 million by 2022, while the passenger information (PI) systems market is expected to reach US$11.34 billion by 2022. According to the report, the factors driving the growth of the market include the increasing demand for real-time transit information, increased adoption of advanced solutions in the transport sector, advantages offered by APC to transit operator
    Read More
  • Florida's free flow tolling eases congestion, improves safety
    July 24, 2012
    A decade since Florida's Turnpike Enterprise first deployed electronic toll collection, the organisation's Director of Toll Operations Rick Nelson and Tom S. Knuckey of PBS&J look at progress. A decade on from the deployment of Florida's Turnpike Enterprise's state-wide SunPass pre-paid Electronic Toll Collection (ETC) programme, transponder sales have ballooned from 5,000 to more than 4,000,000. Over 70 per cent of the state's turnpike drivers participate in the system and transponder sales continue to gro
    Read More

Highlighted Content