Xerox Standalone Company Strategy Announced

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At a Xerox Investor Conference–December 31, 2016–details will be provided on its business strategy and long-term financial model, going forward as a standalone company.

Xerox will position itself for continued leadership in digital print, that drives strong shareholder returns and cost initiatives–delivering at least $1.5 billion in productivity gains and cost savings–with a renewed focus on growth markets.

Investments will be made in document outsourcing, color production and underpenetrated markets, including small- and medium-sized businesses, shifting its revenue mix toward growing markets.

Jeff Jacobson, CEO shared that Xerox is gearing up for its largest, game-changing new product launch in its history. The launch will enhance its connected office portfolio with:
  • Secure, smart multifunction devices,
  • High performance apps,
  • On-the-go print capabilities,
  • Cloud-connectivity and
  • Re-seller channel expansion.
Guidance for FY 2017 will be announced at its 4Q2016 earnings announcement in late January.
 

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