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RSS Feed: Xerox Corporation Newsroom
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Thu May 24 13:27 2012
NORWALK, Conn. – Xerox's (NYSE: XRX) board of directors today declared a quarterly cash dividend of 4.25 cents per share on Xerox common stock. The dividend is payable on July 31, 2012 to shareholders of record on June 29, 2012.
The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on July 1, 2012 to shareholders of record on June 15, 2012.
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com, http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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Thu May 24 07:38 2012
NORWALK, Conn. -- At its annual meeting of shareholders held here today, Ursula Burns, chairman and CEO of Xerox (NYSE:XRX), highlighted the company’s strong financial position, progress in both its services and technology businesses, and the steps Xerox is taking to capitalize on a $600 billion market opportunity.
In her address to shareholders, Burns said, “We have made significant progress in transforming our business. Lots of people talk about transformation, but we’re doing it. We’re confident we have the right strategy, the competitive strength, a skilled and proven leadership team, world-class technology, operational excellence, a powerful brand and a steely focus to move from good to great.”
Burns noted that despite economic headwinds, Xerox successfully delivered value for shareholders in 2011 by:
She also outlined how the company is delivering on its commitments including accelerating its services business, which grew by 6 percent pro forma in 2011 and now accounts for more than half of the company’s revenue; maintaining leadership in document technology by growing market share; focusing on operational excellence; and returning shareholder value. Through its unique mix of services and technology, Xerox is simplifying how work gets done so clients can run more efficient operations and focus more on their core business.
Also at the annual meeting, shareholders elected by an overwhelming majority vote 10 members of the Xerox board of directors: Glenn A. Britt, Ursula M. Burns, Richard J. Harrington, William Curt Hunter, Robert J. Keegan, Robert A. McDonald, Charles Prince, Ann N. Reese, Sara Martinez Tucker and Mary Agnes Wilderotter.
Additionally, shareholders ratified the selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2012; approved, on an advisory basis, the 2011 compensation of Xerox’s named executive officers; and approved an amendment and restatement of the company’s 2004 Performance Incentive Plan.
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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Thu May 24 06:00 2012
by Tom Simas, managing director, Midas+ Solutions, Xerox
While healthcare debates span countless topics – most will agree that in the end – the main goal for healthcare organizations is to continually identify ways to improve processes that in turn, lead to better patient care.
Given this common thread that unites all healthcare organizations, we established the Midas+ Platinum Quality Awards, recognizing organizational achievement in areas including quality outcomes, care efficiency, and consistent delivery of evidence-based best practices in nursing and medicine. On an annual basis, we ask our more than 600 Midas+ customers to complete a quality scorecard – and those hospitals that rank in the top five percent are our Platinum winners.
Each year we’re impressed by the progress our winners have made and the process improvement solutions that are saving lives. For example, Advocate Good Samaritan Hospital in Downers Grove, IL – a Midas+ customer for more than 20 years and 2012 Platinum winner – used Midas+ to collect leading indicator information for patients requiring bowel surgery. By modifying treatment and further educating patients prior to surgery, Good Samaritan Hospital has reduced the number of patients experiencing post operative renal failure.
Winners of the Platinum Quality Award are successful in addressing one of the biggest challenges in healthcare today – using information to improve the quality of patient care. At Midas+, we have a front row seat to see the impact organizations have when they integrate data across different IT systems and use it to deliver, and even predict, the best care for patients. These awards honor that commitment to go beyond EMR implementation requirements and measurably advance the quality of care.
Organizations such as Good Samaritan Hospital are what the Platinum Quality Awards are all about: showcasing the healthcare organizations that have made the decision to proactively utilize modern software in order to provide the best possible experience for patients.
Learn more about the Midas+ Platinum Quality Awards, and see this year’s winners here.
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Tue May 22 06:05 2012
DALLAS – New Mexico’s Human Services Department is renewing its partnership with Xerox (NYSE: XRX) with a 58-month, $105 million contract to manage and enhance the state’s delivery of quality health care to Medicaid recipients.
Xerox has administered Medicaid services for New Mexico since 1994. Last year, Xerox processed 23 million claims and handled $3.5 billion in Medicaid payments. Under the new contract, which has three one-year renewal options, Xerox will continue to manage but also upgrade the system, known as the Medicaid Management Information System (MMIS).
Improvements to the system’s Medicaid Web portal will give users more control of their involvement with the program. Medicaid recipients will now be able to view their own eligibility data, request replacement ID cards, and even search for providers up to 100 miles away from a specific ZIP code or address. Currently, recipients have no self-service access to program information and functionality through the system’s portal.
With real-time processing of claims and other transactions, the upgraded portal will eliminate stacks of enrollment forms by letting health care providers submit enrollment applications online.
“Through the new system, health care providers will have the ability to submit a claim online and know instantly if it’s approved for payment,” said Julie Weinberg, director, Medical Assistance Division, New Mexico Human Services Department.
“Our continued partnership with the state means beneficiaries will have innovative health care tools at a time when government agencies are focused on making the most of their budget dollars,” said Will Saunders, group president, Xerox Government Healthcare Solutions. “We implement service offerings that allow states to provide the highest level of service to their citizens without cutting programs.”
Xerox operates Medicaid systems for 11 other states, the District of Columbia and the U.S. Department of Labor, and annually processes more than 570 million Medicaid claims and $50 billion in payments.
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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Mon May 21 07:00 2012
LOS ANGELES and NATIONAL HARBOR, Md. – Drivers in downtown Los Angeles may have more time on their hands starting today. LA ExpressPark™ goes live, an advanced parking system developed by Xerox (NYSE: XRX) and the Los Angeles Department of Transportation (LADOT), that applies new technology and demand-based pricing to increase the availability of limited parking spaces, relieve traffic congestion and reduce air pollution.
The one-year pilot funded by a $15 million grant from the U.S. Department of Transportation includes:
"Downtown is the heart and soul of Los Angeles, and has experienced significant growth over the last decade," said Los Angeles Mayor Antonio Villaraigosa. "LA ExpressPark's dynamic system will make parking in downtown easier, faster, and smarter for all Angelenos."
“Years of planning, research and innovation are playing out on the streets of Los Angeles in an effort to better serve its citizens,” said Dave Amoriell, executive vice president and chief operating officer, Transportation, Central and Local Government Sector, Xerox. “Intelligent parking services, like LA ExpressPark, make it easier for people to find and pay for parking. This keeps traffic flowing, reduces time spent and fuel consumed searching for a parking space and creates more frequent turnover for businesses.”
Xerox Chairman and Chief Executive Officer Ursula Burns will be speaking on May 21 about LA ExpressPark, and several of Xerox’s groundbreaking transportation solutions during the opening plenary session at the Intelligent Transportation Society of America’s (ITSA) 22nd Annual Meeting and Exposition. The keynote session can be viewed live today at 10 a.m. ET at http://www.itsa.org/annualmeeting/livestream.
ITS America Expo, which runs May 21-23 in National Harbor, Maryland, will focus on how city, state and national agencies can leverage advances in transportation technology to create more efficient, safer and cleaner communities.
The transportation technologies Xerox will showcase at ITS America Expo include:
Xerox is a leader in the implementation of technology in transportation including operating the PrePass system which electronically screens and clears 425,000 registered trucks and is the single largest nationwide ITS implementation in the United States.
To learn more about Xerox transportation solutions and to follow Xerox at ITS America and future transportation shows, please visit: http://www.acs-inc.com/transportation/upcoming-tradeshows.aspx. Also available is a “Transportation Made Simple” infographic from Xerox Transportation Services, highlighting Xerox innovation in: parking, public transportation, tolling and analytics.
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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Fri May 18 06:05 2012
DALLAS – Xerox (NYSE: XRX) has formed an alliance with CHOICE Administrators Exchange Solutions in all 50 states to offer a comprehensive, secure, cloud-based Health Insurance Exchange (HIX) solution. States can begin implementing and customizing the solution today with confidence that the HIX will be fully operational for October 2013 enrollments and for January 2014 coverage effective dates, the deadlines set by the Patient Protection and Affordable Care Act.
“Our discussions with states show that the majority want to make health reform as state-specific as possible and to maintain control over their HIX rather than defaulting to the federal solution,” said Kevin Counihan, president, CHOICE Administrators Exchange Solutions. “As the certification deadline gets closer, it’s increasingly important for states to consider a comprehensive solution that doesn’t require building a product and allows time for customization. States can tailor their HIX solution developed by Xerox and CHOICE to meet the needs of their residents and small businesses and be sure their HIX is ready on time.”
CHOICE Administrators Exchange Solutions delivers the framework of the HIX Solution Suite, a software-as-a-service cloud-based platform, which allows participants to make informed enrollment decisions while providing their sponsoring employers the infrastructure to maintain affordable budgets. Xerox provides the business process and technology solutions to help states operating a HIX handle massive amounts of information quickly, efficiently and securely on behalf of millions of people.
“Xerox has more than 40 years of experience working with state governments,” said Kevin Walsh, vice president, Healthcare Eligibility and Insurance Exchange Services, Xerox. “Our expertise, knowledge of the marketplace and partnership with CHOICE positions us well to support the HIX design to increase access to health coverage for consumers.”
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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Wed May 16 14:16 2012
Palo Alto, Ca. -- PARC, A Xerox company, today announced PARC Research Fellow Van Jacobson’s inaugural induction to the Internet Society’sInternet Hall of Fame. Jacobson joined PARC in 2006 to lead the Content-Centric Networking (CCN) program.
The Internet Society, which is celebrating its 20th anniversary this year, honored Jacobson as one of the landmark “Innovators” who made outstanding technological, commercial, or policy advances and helped expand the Internet’s reach. Others honored in the first annual Internet Hall of Fame include Vint Cerf and Tim Berners-Lee. “It’s a great honor to be recognized by the Internet Society, and I’m humbled to be included with such distinguished company,” Jacobson said.
“We’re proud of Van’s incredible contributions to the development of the Internet, and are especially pleased to have his leadership at PARC today, where he is continuing those Internet breakthroughs,” said Stephen Hoover, CEO, PARC. “CCN began with a big vision. Thanks to Van and the team it has achieved many milestones, gaining significant traction around the world. This includes a significant grant from the National Science Foundation for the Named Data Networking (NDN) project – a consortium of 11 major US universities and PARC for which Van is the ‘network architect,’ work with Samsung and other commercial clients, and the development of the CCNx open source community and code release on Android. Another recent milestone is the newly established Emerging Networks Consortium, a cross-industry group of companies advancing architectures, applications, and business models based on CCN.”
The award was announced while the Emerging Networks Consortium (ENC) was holding its first meeting at PARC on April 23-25, 2012. The invitation-only meeting was attended by delegates from member companies Alcatel-Lucent, BT, France Telecom-Orange, Huawei, MACH, Panasonic Corporation, and Samsung, as well as representatives from the NDN project and PARC scientists and business executives.
Including keynote presentations from industry leaders Jacobson and Juniper Networks distinguished engineer Colby Barth, the meeting featured three full days of presentations, panels, demonstrations, use cases, and discussions around CCN. The focus of this meeting was on industry sectors such as carriers, consumer electronics, and equipment manufacturers, and on topics that included adoption strategy, interoperability, and standardization. The full agenda can be viewed at www.parc.com/enc-springsummit2012.
PARC is actively looking to expand the ENC community, which is open to ISPs, consumer electronics, content providers, OEMs (from telecommunications, enterprise, healthcare, and defense sectors), Internet services and applications, hardware and chipset manufacturers, and venture capitalists. The ENC seeks to unite global industry efforts around CCN, foster standards, and develop coherent vision for accelerated adoption of CCN for the benefit of member organizations and others. Prospective members can look forward to an executive summit in the fall, as well as periodic discussions on developing and implementing technology and business models around CCN. Please visit www.parc.com/enc or contact consortium@parc.com.
About PARC
PARC, A Xerox company, is in the Business of Breakthroughs®. Practicing open innovation, we provide custom R&D services, technology, expertise, best practices, and intellectual property to Fortune 500 and Global 1000 companies, startups, and government agencies and partners. We create new business options, accelerate time to market, augment internal capabilities, and reduce risk for our clients. Since its inception, PARC has pioneered many technology platforms – from the Ethernet and laser printing to the GUI and ubiquitous computing – and has enabled the creation of many industries. Incorporated as an independent, wholly owned subsidiary of Xerox in 2002, PARC today continues the research that enables breakthroughs for our clients' businesses.
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Wed May 16 13:29 2012
PLEASANTON, Calif., -- For library patrons and staff looking for a powerful book scanning solution that's fast, and easy-to-use, Xerox (NYSE: XRX) makes scanning of books and non-circulating materials feasible with its new BookCentreTM S7141, a self-service book scanning kiosk.
"Library patrons and staff can quickly and easily scan from books and send the scanned pages to email, smartphones, tablets, Google Docs, USB drives, fax or print them by selecting the desired option on the touchscreen computer”, said John C. Dexter, president and COO of Scannx, a Xerox licensing partner. “Academic research and collaboration has never been easier and more productive. Students are thirsting for digital solutions to their everyday studies.”
By using the Xerox BookCentre S7141’s easy to use touchscreen interface, library patrons and staff can scan book pages, and non-circulating books, historical records and genealogical files. Scanned images can be automatically converted into PDF, searchable PDF, Word, JPEG, TIFF and PNG file formats and sent to email, smartphones, tablets, Google Docs,fax, printers or saved to USB drives, network folders, and FTP folders to save paper and toner. Students can build searchable personal libraries by subject matter by sending scanned pages as a searchable PDF or Word file format to their iPad and store it in iBooks for sharing and collaboration. Moreover, confidential files can be automatically encrypted to protect against unauthorized access to the scanned information.
When connected to a Xerox printer or other validated printers, either directly or over the network, the Xerox BookCentre S7141 recognizes the printer features for print options on the BookCentre S7141’s touchscreen. The BookCentre S7141 also gives users a preview of the print job as well as adjustments for actual size vs. fit-to-page before paying for the print job. Since the BookCentre can integrate with debit and credit card payment systems, libraries can offer these scanning services free or they can charge for them through a cost recovery program.
The Xerox BookCentre S7141 includes a 17” touchscreen computer bundled with the Xerox BookCentre software, an 11” x 17” patented book-edge scanner to protect the spine of the book from damage, and is powered by ABBYY FineReader Technology for unmatched optical character recognition accuracy. The BookCentre S7141 may also be simultaneously connected to both the book-edge scanner as well as a Xerox DocuMate 3125 color sheetfed duplex scanner with ultrasonic double feed detection for unprecedented reliability.
The BookCentre includes a 1 year manufacturer’s warranty. Please visit www.xeroxbookcentre.com for more information.
Pricing, Availability
The Xerox BookCentre S7141 has a U.S. list price of $5,995 and is available immediately through Scannx and its channel partners, and Xerox and its agents and dealers.
About Scannx
Scannx LLC designs, develops, markets, and supports innovative book and document scanning solutions for the educational and municipality markets. Xerox Corporation and Scannx LLC entered into a trademark licensing agreement in November 2011 for Scannx to develop, market and support a new line of Xerox-branded self service book scanning systems. The Xerox BookCentre product line is powered by Scannx and includes its patent pending technology for scanning to smartphones and tablets. For more information on Xerox BookCentre systems, please visit http://www.xeroxbookcentre.com. For more information on Scannx, please visit www.scannx.com
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Tue May 15 09:25 2012
LOS ANGELES -- For many businesses it’s tough to find the “just right” solution to copying CDs or DVDs. Say you need to distribute 50 copies of a sales-training video on DVD to your team once a quarter. Copying the DVDs one-at-a-time is inefficient, but purchasing a duplicator during today’s challenging business climate might be a financial stretch.
With this in mind, Xerox (NYSE:XRX) today introduced the Xerox le (lite edition) Disc Duplicator series. Priced nearly 30-percent less than the standard Xerox Disc Duplicator, the “le” series manual tower duplicators range from one to 15 writer drives and provide businesses a quick and inexpensive way to make multiple copies of CDs and DVDs.
The “le” models include the essential duplication elements required to reliably deliver high-quality copies, and they also are simple to operate. The user simply inserts a single master into the top reader drive, and the duplicator copies the content onto the corresponding blank media located in the writer drives below.
“We recognize that some businesses don’t require the advanced duplication features that our standard duplicators offer, but they still want an exceptional product,” said Vinpower Digital Vice President of Sales and Marketing Ryan Swerdloff. “The lite edition series offers the quality and reliability one would expect from a Xerox Disc Duplicator at a price that acknowledges today’s demanding business climate.”
Vinpower Digital works with Xerox through an exclusive trademark licensing agreement to develop, market, and support Xerox-branded duplicators. Available now, the new “le” product line is part of Xerox’s Digital Duplicator series, which includes standalone manual towers and automated CD, DVD, Blu-ray, and LightScribe capable duplicators as well as USB and SD/MicroSD flash memory.
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Fri May 11 06:05 2012
ROCHESTER, N.Y. – Xerox (NYSE: XRX) has been positioned as a leader in the May 2012 report: “The Forrester Wave TM Managed Print Services (MPS) Q2 2012.” Xerox received this recognition for its MPS offering upon receiving the top vendor ranking in current offering and market presence, and the highest score possible in strategy.
“Xerox has an extremely well-balanced offering, with strength across all categories, including platform support; global deployments; ITO support; and, in particular, enterprise support,” wrote report author Craig Le Clair, vice president and principal analyst, Forrester Research. “Xerox’s market reach has been enhanced through integration with its ITO business, expansion to many partners in the small and medium-sized business (SMB) space, as well as partnering with global delivery.”
The report warns that enterprises still purchasing devices from multiple sources, and under different budgets will struggle to meet emerging print reduction and sustainability goals if they don’t adopt an MPS strategy. Xerox’s “extremely well-balanced offering,” is well suited for an MPS market that will evolve to include production as well as office equipment.
Forrester distinguishes Xerox with the highest possible scores in global delivery, mobile printing, technology and solution ownership, integration of IT outsourcing support, enterprise print support, MPS market experience, MPS strategy, organizational commitment, MPS revenue, and enterprise engagement.
“The MPS market continues to be dynamic, while Xerox’s leadership is a constant – demonstrating to our clients and channel partners that our strategies, tools and techniques deliver impressive, repeatable results around the world,” said Andrew Morrison, senior vice president, Xerox Managed Print Services.
In the past year, Xerox expanded its offerings with the acquisition of NewField IT to simplify the MPS assessment process and speed up implementation, and an alliance with Cisco that integrates Xerox's MPS and mobile print offerings into Cisco routers/switches and expands the opportunity for the midmarket via Cisco's channel partners. In addition, Xerox is now partnering with McAfee and Cisco to build even more protection into its document technology and MPS offerings in ways that help protect clients’ sensitive company information.
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
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