What is Xerox and where do they operate?
Xerox is an $11 billion Fortune 500 company. World-known, Xerox has headquarters in Norwalk, Connecticut, the US and a presence in over 160 countries worldwide taking their services global.
The company’s main areas of business are in the production and supply of document services and solutions. Their operations are divided into two main directions: products and services.
The products division primarily deals with the development, production and supply of equipment including scanners, printers, and multifunctional systems that scan, print, copy, email and fax.
Whereas, the services section focuses on the delivery of document solutions and services.
Who are Xerox’s main partners?
To target the Asia Pacific region, Xerox developed a partnership with Fuji Photo Film Co., spawning the creation of Fuji Xerox who carry out Xerox’s services in this region.
Xerox India was developed as a result of a joint venture between Dr. Bhupendra Kumar Modi and Xerox, originally forming Modi Xerox, to target the Indian region.
Additionally, the maintain subsidiaries with NewField IT, supporting 3rd party software, and the Factory Ducati Team to form Xerox Ducati.
How did Xerox get its name?
Founded in 1906, the Xerox Corporation (XRX) derived its name from the Greek word xerography meaning ‘dry writing’.
What are the future prospects of Xerox?
Despite negative publicity suggesting Xerox has failed to keep up with the times, it remains a hugely successful company in terms of overall value. The company is listed in the Fortune 500 and holds its status as a popular worldwide provider of services and products.
Future innovations of the company take place at their Palo Alto Research Center (PARC), a subsidiary of Xerox founded in 1970. These develops look toward problem solving software and the advancements direct-to-object 3D printing.
What’s one fun fact about Xerox?
Like Google, the Xerox Corporation has the honour of its name used as a verb as well as a noun. A modern indicator of the tech company’s popularity.
Who are Xerox’s main stakeholders?
Xerox ensures its business focuses on a variety of target stakeholder groups including customers, employees, shareholders, suppliers, communities and the world in general.
Their main customers base includes small and medium-sized businesses, educational institutions, governmental organisations and graphic communications companies.
Where is Xerox traded?
Xerox is a Fortune 500 company that is traded on the New York Stock Exchange (NYSE). Find out more about the Xerox (XRX) share price at Capital.com.