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

  • Growing focus on efficient traffic management driving global ITS market
    April 29, 2014
    According to the latest report by Global Industry Analysts, Intelligent Transportation Systems: A Global Strategic Business Report, the global market for intelligent transportation systems (ITS) is projected to reach US$26.3 billion by 2020, driven by continued rise in vehicular traffic and the need to regulate traffic flow, rising impetus for enhancing road safety, and escalating socio-environmental implications of traffic congestion.
    Read More
  • EU funding for transport research projects
    May 11, 2015
    The EU's TEN-T programme has awarded 75 research and innovation projects a total of US$540 million in research grants, aiming to make Europe's transport systems greener, safer, and more competitive. All transport modes are covered including road, rail, water and air transport, as well as environmentally friendly vehicles, intelligent transport systems (ITS) and improvements to logistics and freight systems. Numerous projects are concerned with sustainable urban mobility, such as the US$4.5 million Sil
    Read More
  • USDOT Connected Vehicle Reference Implementation Architecture workshop
    May 11, 2015
    The US Department of Transportation (USDOT) is hosting the fourth in a series of interactive workshops to discuss and seek feedback on its Connected Vehicle Reference Implementation Architecture (CVRIA) efforts. The 3-day training workshop is designed to bring together state and local government stakeholders who are planning connected vehicle deployments, device manufacturers who need to know the overall scope of the architecture, researchers and academics, and standards developers. The workshop will be
    Read More
  • Ukraine turns to ITS to cope with traffic increases
    June 9, 2015
    With increasing road fatalities the Ukrainian government is planning to introduce ITS technology in 2016-2017. Eugene Gerden finds out more. The government of Ukraine is considering a massive introduction of ITS in the national system of traffic during the period 2016-2017, according to a recent statement by the Ukrainian Ministry of Transport. According to the Ukrainian government, implementation of the project is an acute need, as in recent years the number of road accidents in Ukraine has significantly
    Read More

Highlighted Content