Tagged With "reinvent"
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Can Xerox reinvent itself for another 100 years?
This week, we’re launching a special series featuring companies that have been in business for more than 100 years. Up first, I’m talking to Steve Bandrowczak, the CEO of Xerox, an iconic company that got started all the way back in 1906 as a manufacturer of photo paper and is, of course, best known for pioneering the copy machine. Here in 2023, Xerox has moved well beyond paper. It now works with companies large and small to provide IT services: it optimizes workflows, manages data,...
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Accenture CEO: 'Companies Will Need To Reinvent How They Operate With AI At The Core'
Artificial intelligence, especially generative AI, has become a huge new opportunity for Accenture thanks to customers’ demand for new ways to transform their business and to the investments that Accenture has made. That’s according to Accenture CEO Julie Sweet, who Thursday in her prepared remarks to financial analysts during the company’s third fiscal quarter 2023 financial conference call said businesses remain focused on total enterprise reinvention as they execute compressed...
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Xerox Reinvention and Operating Model Evolution
Jan 03, 2024 — Corporate Norwalk, Conn. — Xerox Holdings Corporation (NASDAQ: XRX) today announced a new operating model and organizational structure to further the company’s Reinvention. “The evolution of Xerox’s Reinvention aligns our resources in three key areas – improvement and stabilization of our core print business, increased productivity and efficiency through the formation of a new Global Business Services organization, and disciplined execution in revenue diversification,” said...
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Xerox Acquires ITsavvy to Grow IT Services Presence
NORWALK, Conn.--(BUSINESS WIRE)--Oct. 17, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy , an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected to close during the fourth quarter of...