Skip to main content

Conduent splits from Xerox to concentrate on service

For a sneak preview of the future, World Congress visitors should make their way to the Xerox stand where they can see the new name for the services-orientated part of the business: Conduent. Effective 1 January, Xerox will split into two separate legal entities and the transport-related businesses, along with those from payment and customer services and healthcare will be rebranded as Conduent. The new company will have 93,000 employees globally and revenues of US$7bn per year including that from the
October 11, 2016 Read time: 2 mins
For a sneak preview of the future, World Congress visitors should make their way to the 4186 Xerox stand where they can see the new name for the services-orientated part of the business: Conduent.

Effective 1 January, Xerox will split into two separate legal entities and the transport-related businesses, along with those from payment and customer services and healthcare will be rebranded as Conduent.

The new company will have 93,000 employees globally and revenues of US$7bn per year including that from the tolling, public transport, public safety and parking businesses.

According to senior vice president Pat Elizondo (pictured), customers will receive the same level of service from the new business and benefit from increased corporate agility allowing faster response to their needs.

Helping ensure Conduent’s long term future are two research and development centres (New York in America and Bangalore in India) which will remain with the new grouping.

Also on the stand visitors can collect a Q-code link to a new Global Transportation Study covering 23 cities which will be released on 3 January 2017 under the Conduent brand.

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.
  • Europe’s road safety gains have stagnated EU
    March 17, 2017
    Europe will fail to meet its road death targets as enforcement budgets are slashed and drivers face an epidemic of distractions. The European Union will not achieve its aim of halving the number of people killed on its roads each year by 2020, delegates to Tispol’s (the organisation of European traffic police) annual conference in Manchester were told. “The target will be missed because there was only a 17% decrease in road fatalities across Europe between 2010 and 2015 when [the rate of reduction] should h
  • Hayden AI & Snapper Services keep their eyes on the road
    August 29, 2024
    Snapper Services CEO Miki Szikszai and Chris Carson, CEO of Hayden AI, tell Adam Hill about synergy and partnership – and how to make use of data once you’ve gathered it
  • Amsterdam Group turn ITS theory into practice
    August 6, 2013
    ASECAP’s Marko Jandrisits discusses the Amsterdam Group’s efforts to bring a sense of order to cooperative ITS deployments. When an issue arises which is deemed to require a technological solution governments and public-sector agencies around the world all too often tread the same sorry path. A decision is made to research and develop said technology to the production-ready stage, the work is done and the technology realised but then the money for deployment runs out and the technology is left on the shelf