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.

Related Content

  • June 17, 2015
    Iteris increases revenue in fiscal year 2015
    Iteris has reported record revenue for fiscal year 2015 and significant progress on strategic initiatives. Total revenues for the year have increased by six per cent over 2014 to US$72.3 million, while total gross margin improved to 39 per cent. Revenue for roadway sensors revenues has increased by 15 per cent to US$36.4 million.
    Read More
  • March 15, 2016
    Creative finance enables parking progress in LA
    David Crawford investigates an innovative public/private partnership. Los Angeles entered the second decade of the 21st century facing major challenges to its parking operations. With a population of 3.8 million, and its car-oriented culture still predominant, the city's parking meters were technically outdated - with most only accepting coins and many regularly out of service - resulting in a substantial loss of revenue. This coincided with a number of Californian cities looking to parking income to boost
    Read More
  • April 4, 2014
    Xerox launches passenger detection system for HOV/HOT lanes
    Recognising that the benefits of high occupancy carpooling lanes are severely limited when motorists do not abide by the rules, Xerox has launched its vehicle passenger detection system, a HOV/HOT lane compliancy test system that uses Xerox video analytics to identify the number of occupants in a vehicle. Unlike competing solutions, the Xerox system identifies the number of occupants in a vehicle with better than 95 per cent accuracy at speeds ranging from stop-go traffic to 100 mph. Using patented vi
    Read More
  • April 6, 2016
    Xerox shows Multipark and Mobility Companion
    Xerox will use Intertraffic to demonstrate two of its latest innovations in urban mobility: the Xerox Multipark Codex Parking system and Xerox Mobility Companion. The Multipark Codex Parking system features 2D barcode technology that enables ultra-fast processing of tickets and improved traffic flow at car park entry and exit. It also provides ticketless parking management capability, replacing paper tickets for entry, payment and exit, with NFC smartphone and licence plate recognition (LPR). This enables f
    Read More

Highlighted Content