Xerox

Multi-functional Printer Market to USD 6.75 billion between 2022 - 2027| Driven by Increasing demand for MFPs from healthcare sector- Technavio

Retrieved on: 
Wednesday, October 18, 2023

The growth of the multi-functional printer (MFP) market is being driven by the increasing demand from the healthcare sector.

Key Points: 
  • The growth of the multi-functional printer (MFP) market is being driven by the increasing demand from the healthcare sector.
  • Healthcare institutions are adopting digital practices to enhance patient care, including efficient patient information exchange and interdepartmental communication.
  • Moreover, the emphasis on electronic health records mandated by governments globally is driving the adoption of customized MFPs within the healthcare sector, positively impacting market growth.
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    Intense competition among major players like Canon, HP, KYOCERA, Ricoh, and Xerox in the multi-functional printer market is a significant challenge.

Xerox to Showcase Data Automation Offering at PRINTING United Expo 2023

Retrieved on: 
Tuesday, October 10, 2023

Xerox announced today it will showcase its production data automation offering, Xerox® FreeFlow® Vision, at PRINTING United Expo 2023 in Atlanta from October 18th to October 20th.

Key Points: 
  • Xerox announced today it will showcase its production data automation offering, Xerox® FreeFlow® Vision, at PRINTING United Expo 2023 in Atlanta from October 18th to October 20th.
  • The top identified growth strategy for a majority of PSPs is decreasing production costs, but many lack the data to quantify and improve performance.
  • Xerox® FreeFlow Vision Software provides a solution to this through its automated and real-time views of critical operational data.
  • To learn more, visit Xerox at PRINTING United at booth B20019.

Higher Education Market size to grow by USD 63.36 billion from 2022 to 2027, The market is fragmented due to the presence of prominent companies like Adobe Inc., Advance HE and Apple Inc., and many more - Technavio

Retrieved on: 
Wednesday, October 11, 2023

The higher education market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The higher education market is fragmented owing to the presence of many global and regional companies.
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    Adobe Inc. - The company offers higher education solutions such as Creative Cloud.
  • Apple Inc. - The company offers higher education solutions through Macbook Pro, iPad Pro, and Apple Pencil.
  • The smart education market size is estimated to grow at a CAGR of 17.98% between 2022 and 2027.

Xerox Announces $542 Million Repurchase of Shares from Carl C. Icahn and Affiliates

Retrieved on: 
Thursday, September 28, 2023

The aggregate purchase price for the repurchase is approximately $542 million, which we expect to fund with a new debt facility.

Key Points: 
  • The aggregate purchase price for the repurchase is approximately $542 million, which we expect to fund with a new debt facility.
  • Subsequent to the closing of the transaction, the Icahn Parties will no longer hold any Xerox common shares.
  • Scott Letier, who has served on the board since 2018, has been appointed chairman of the Xerox Board of Directors effective upon the closing of the repurchase transaction.
  • “Our decision to repurchase shares is reflective of the confidence we have in our business, our strategy and our ability to improve Xerox profitability and cash performance,” said Steve Bandrowczak, Chief Executive Officer of Xerox.

Alford & Clark Injury Attorneys, a San Antonio Personal Injury Law Firm, Wins Verdict Against Xerox Corporation

Retrieved on: 
Thursday, September 21, 2023

SAN ANTONIO, Sept. 21, 2023 /PRNewswire-PRWeb/ -- Alford & Clark Injury Attorneys successfully resolved a major company vehicle collision case against Xerox Corporation midway through a jury trial held in Judge Dedra Davis' Court, the 270th District Court of Harris County, Texas (case number: 202155269).

Key Points: 
  • SAN ANTONIO, Sept. 21, 2023 /PRNewswire-PRWeb/ -- Alford & Clark Injury Attorneys successfully resolved a major company vehicle collision case against Xerox Corporation midway through a jury trial held in Judge Dedra Davis' Court, the 270th District Court of Harris County, Texas (case number: 202155269).
  • The case settled for $2,000,000 midway through trial, which will result in life-changing money for their very satisfied client.
  • The trial team included firm partners Will Clark and Jacob Alford, Amanda Hazleton, Noah Lombardo, and Connor Colemere.
  • To learn more about Alford & Clark Injury Attorneys or to schedule a confidential consultation, call 210-951-9467 to visit https://www.injuredtexan.com/
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Document Outsourcing Market to grow by USD 17.79 billion from 2022 to 2027, Increased efficiency of document management using hybrid solutions to drive market growth- Technavio

Retrieved on: 
Wednesday, September 20, 2023

The potential growth difference for the document outsourcing market from 2023 to 2027 is USD 17.79 billion, according to Technavio.

Key Points: 
  • The potential growth difference for the document outsourcing market from 2023 to 2027 is USD 17.79 billion, according to Technavio.
  • Increased efficiency of document management using hybrid solutions is a key factor driving market growth.
  • Companies are emphasizing advanced and innovative document management solutions based on the advancements and increasing complexity associated with document management across industries.
  • Key Companies in the document outsourcing market:
    The Data Analytics Outsourcing Market size is estimated to grow at a CAGR of 32.59% between 2022 and 2027.

Complimentary Executive Briefings to Drive Revenue Growth, Productivity, Expense Reduction, and Cyber Security

Retrieved on: 
Tuesday, September 19, 2023

HOBOKEN, N.J., Sept. 19, 2023 /PRNewswire-PRWeb/ -- eMazzanti Technologies, a NYC area business technology and cyber security expert, is offering a full day of complimentary executive briefings and workshops to celebrate its 22nd anniversary. The online event, 22 Years of Learning, is scheduled for September 22, 2023, from 9:00 AM to 4:30 PM EDT.

Key Points: 
  • HOBOKEN, N.J., Sept. 19, 2023 /PRNewswire-PRWeb/ -- eMazzanti Technologies, a NYC area business technology and cyber security expert , is offering a full day of complimentary executive briefings and workshops to celebrate its 22nd anniversary.
  • The day-long 22 Years of Learning event is all about eMazzanti's mission of helping organizations achieve the important goals of revenue growth, increased productivity, expense reduction, and cyber security.
  • For 22 years, eMazzanti Technologies has helped business leaders navigate technology and cyber security to grow revenues, increase productivity, and protect business assets.
  • With an evolving paradigm in business IT, including the emergence of AI-powered business applications , eMazzanti encourages firms to update their revenue growth, technology, and cyber security strategies.

Quadbridge announces the transition of Founder & CEO PJ Emam to the role of Chairman and the appointment of Steve Leslie as CEO

Retrieved on: 
Tuesday, September 19, 2023

MONTREAL, Sept. 19, 2023 /PRNewswire/ - Quadbridge Inc. (Quadbridge), a leading North American provider of IT solutions and services, announces today that Founder & CEO PJ Emam has stepped forward into the role of Chairman and Steve Leslie has joined as CEO.

Key Points: 
  • MONTREAL, Sept. 19, 2023 /PRNewswire/ - Quadbridge Inc. (Quadbridge), a leading North American provider of IT solutions and services, announces today that Founder & CEO PJ Emam has stepped forward into the role of Chairman and Steve Leslie has joined as CEO.
  • "Quadbridge has accomplished more than I ever dreamed of when we started 16 years ago.
  • It has been through dedication and a tenacious do-what-it-takes attitude that we have come so far," said PJ Emam.
  • We have exciting times ahead as we continue to grow in innovative business verticals and dominate in client experience."

Suvoda Expands Its Presence in Romania with the Opening of an Office in Iași

Retrieved on: 
Thursday, September 14, 2023

PHILADELPHIA, Sept. 14, 2023 /PRNewswire/ -- Suvoda LLC, a global clinical trial technology company that specializes in complex studies in therapeutic areas like oncology, central nervous system (CNS), and rare disease, has expanded its presence in Romania with the opening of its newest office in Iași.

Key Points: 
  • Suvoda's Iași office, which officially opened in July, will house teams specializing in product development, software engineering, and professional services, with plans to expand into other areas as the company grows.
  • Palas Iași, where the Suvoda office is situated, is a prime mixed-use development located in the heart of Iași's Civic Centre district, in proximity to the iconic Palace of Culture.
  • Iași, the third largest city in Romania, is known as a vibrant academic center, boasting five public universities and approximately 60,000 students.
  • "As Suvoda's presence in Romania continues to grow, this new office helps us deliver on our commitment to nurture an environment of collaboration and belonging."

Xerox Announces Expansion of Financial Services Program with PEAC Solutions

Retrieved on: 
Thursday, September 14, 2023

Xerox Holdings Corporation (NASDAQ: XRX) and PEAC Solutions have expanded their partnership for the provision of certain leasing and financial services programs to Xerox’s FITTLE network of independent dealers and resellers.

Key Points: 
  • Xerox Holdings Corporation (NASDAQ: XRX) and PEAC Solutions have expanded their partnership for the provision of certain leasing and financial services programs to Xerox’s FITTLE network of independent dealers and resellers.
  • The FITTLE business and Xerox™ Financial Services (XFS) will return to captive lenders as the company focuses on core capabilities and offerings including print, IT and digital services.
  • FITTLE and XFS will continue to offer financing for Xerox hardware, software, and solutions providing our clients with best-in-class services to help them succeed in today’s dynamic hybrid workplace.
  • “This move also enables Xerox to focus on delivering more targeted and specialized financial services programs to the Xerox distribution network and their clients.”
    Bill Stephenson, Global CEO of PEAC Solutions, commented, “This welcome expansion of the leasing program is a direct outcome of the strong collaboration that PEAC Solutions has developed with Xerox and FITTLE over the past year.