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Northern Flags grows workforce by 25%

Thu, 16 Sep 2021 17:08:58 +0000

Wide-format specialist Northern Flags and sister company FaberExposize UK have revealed a 25% increase in their collective workforce as part of the wider expansion plans.

Koehler invests €5m towards a green future

Thu, 16 Sep 2021 17:08:58 +0000

Specialty paper company, the Koehler Group, has invested in the European Circular Bioeconomy Fund (ECBF).

Amberley Labels relishes in print brief

Thu, 16 Sep 2021 15:51:45 +0000

Amberley Labels, part of the Coveris Group, has produced a limited collection of labelled bottles for Sheffield sauce brand, Henderson’s Relish.

UK Graphic Awards handed out

Thu, 16 Sep 2021 06:57:08 +0000

The winners of the inaugural UK Graphic Awards have been announced.

Travel restrictions eased ahead of Fespa Global Print Expo 2021

Thu, 16 Sep 2021 06:33:41 +0000

Restrictions on fully-vaccinated travellers to The Netherlands from designated ‘very high-risk countries’ will be lifted with effect from 22 September 2021, ahead of Fespa Global Print Expo 2021 at the Amsterdam RAI on 12-15 October. It means show visitors from the UK will no longer have to quarantine on arrival.

HP introduces new DesignJet and PageWide XL Pro devices

Thu, 16 Sep 2021 06:24:23 +0000

HP has introduced two new DesignJets and three PageWide XL Pro devices.

Nominees for British Book Awards announced

Wed, 15 Sep 2021 17:27:03 +0000

The shortlist for the British Book Design and Productions Awards (BBDPA) 2021 have been announced, highlighting companies involved in the production and design industry.

Wellington Press speeds up with new cutter

Wed, 15 Sep 2021 12:31:31 +0000

East London-based Wellington Press has upgraded its flat-bed cutter from the Valiani Mat Pro Ultra V150 to the Valiani Optima 160.

Domino produces inclusive label solution

Wed, 15 Sep 2021 12:31:30 +0000

Domino Printing Sciences has joined forces with personal care products supplier, Proctor and Gamble (P&G) to produce an “inclusive and tactile” label solution.

Improved MultiPress to get an airing at Fespa

Wed, 15 Sep 2021 09:02:04 +0000

At Fespa Global 2021 next month Dataline will demonstrate how its MultiPress ERP/MIS system can support the large-format print production process, and highlight new features.

FM Future to run new FuturePrint and Pack Summit

Wed, 15 Sep 2021 07:33:14 +0000

FM Future is inviting speakers and exhibitors to take part in its first ‘FuturePrint and Pack Summit’, which will take place 11 November 2021 in Cambridge, UK, with digital content streamed globally on a weekly basis from 18 November.

Kavalan creator releases eco pledge video

Wed, 15 Sep 2021 07:30:43 +0000

Taya - creator of the Kavalan PVC-free banner material range - has issued a call to arms for the print sector to become more environmentally responsible.

CMYUK makes charitable donation

Wed, 15 Sep 2021 06:57:00 +0000

CMYUK has donated a 3200mm x 25m roll of PVC-free Sunlight Weldable Kavalanblow to blowUP Media for an awareness campaign by global warming and greening Africa charity Justdiggit.

Two Sides warns of environmental misconceptions

Tue, 14 Sep 2021 15:09:39 +0000

Research by not-for-profit organisation Two Sides, has revealed that 46% of UK consumers believe that paper and paper packaging is wasteful.

Security printing sees Dorset business thrive

Tue, 14 Sep 2021 12:14:43 +0000

This summer, Blandford Forum-based Cheap Printing Dorset, invested in its first Fargo HDP 5000 ID printer. This allowed the company to offer security printing and as a result, all furloughed staff were able to return from work.

SwissQprint sets up Belelux subsidiary

Tue, 14 Sep 2021 07:15:37 +0000

swissQprint is parting ways with Spandex Benelux and from 1 October will have a new subsidiary for sales, servicing and application support in the region.

ITC extends its tooling range

Tue, 14 Sep 2021 07:14:49 +0000

The 180-10-A Series of single flute routers from Industrial Tooling Corporation (ITC) has now been extended with a balanced vitreo coated router for machining aluminium composite material (ACM) and a balanced range of iridis coated variant for the machining of aluminium.

Printed cards encourage kindness in children

Mon, 13 Sep 2021 19:50:00 +0000

Makers of greetings cards, Hallmark, has announced it will be giving away one million cards as part of its Share Kindness initiative.

SwissQprint and Spandex Benelux part ways

Mon, 13 Sep 2021 12:12:57 +0000

Producer of large-format digital printing technology, swissQprint has announced it will be mutually parting ways with distributor, Spandex Benelux.

Zund brings out PreCut Center

Fri, 10 Sep 2021 11:55:19 +0000

New from Zund is PreCut Center, a software that facilitates cut-file preparation whether users prefer a manual or automated process.

Maltesers gets new eco-friendly packaging

Fri, 10 Sep 2021 11:12:22 +0000

Confectionary company, Mars Wrigley UK, has partnered with Metsä Board to make the packaging for malted milk chocolates Maltesers fully recyclable.

Finalists revealed for inaugural UK Graphic Awards

Fri, 10 Sep 2021 08:49:56 +0000

Organisers of the UK Graphic Awards have revealed a shortlist of finalists for the inaugural edition of the new industry honours.

Perfect Colours dedicates online portal to HP Recycled Satin Canvas

Fri, 10 Sep 2021 07:45:50 +0000

Approved HP reseller Perfect Colours has launched a new website dedicated to the new HP Recycled Satin Canvas, made from 100% recycled water bottles retrieved from the ocean.

House of Flags diversifies with Anapurna H2500i

Fri, 10 Sep 2021 06:54:04 +0000

House of Flags has bought a 2.5m-wide Agfa Anapurna H2500i LED hybrid printer to print on rigid materials, and is now considering new finishing options for such output.

Xerox Transfers Stock Exchange Listing from NYSE to Nasdaq

Thu, 09 Sep 2021 10:30:00 +0000

 Xerox Holdings Corporation announced today the company will transfer its common stock listing (XRX) from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective upon market open September 21. The company will continue being listed under the ticker symbol “XRX” after the transfer occurs.  

While Xerox continues to deliver workplace products and services for its network of global customers and partners, the company is leveraging its research and development capabilities to advance a variety of new technologies aimed at solving the world’s biggest challenges. Priority areas of focus include digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial internet of Things and cleantech.  

“Xerox's focus on services, software, financing and innovation indicates the direction we're taking our business for the future. We’re challenging the status quo by developing and leveraging new innovations to create solutions that address major secular challenges across industries,” said John Visentin, vice chairman and chief executive officer at Xerox. “I want to thank the NYSE, our listing exchange for the last 60 years, for its partnership.”

“As a longstanding technology leader, Xerox is continuing to innovate and serve as a champion for its people, customers and shareholders,” said Adena Friedman, president and chief executive officer of Nasdaq. “Xerox’s listing on Nasdaq will allow them to continue creating value for all stakeholders. We’re proud to welcome them to the Nasdaq family.”   

About Xerox Holdings Corporation (NASDAQ: XRX) 
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we've expanded into software and services to sustainably power today's workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients — no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at xerox.com. 

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Smithers releases ‘The Future of Green Printing to 2026’

Thu, 09 Sep 2021 08:56:56 +0000

More environmentally friendly printing is fast emerging as a key industry trend for the 2020s according to new Smithers report ‘The Future of Green Printing to 2026’.

Research shows digital tools hindering productivity

Thu, 09 Sep 2021 07:03:55 +0000

An overload of digital tools designed to boost efficiency could be hindering workers’ productivity according to new research from Personio, which supplies HR software for SMEs.

Businesses slow to adopt circular economy says survey

Thu, 09 Sep 2021 07:02:57 +0000

A survey by DNV and World Business Council for Sustainable Development (WBCSD) reveals the circular economy is rising on corporate agendas. However, despite the growing attention in the public, among legislators and companies, the shift to business models that design waste out of the system seems to progress slowly.

The Xerox State and Fate of Small and Medium Business Survey

Tue, 18 May 2021 13:00:00 +0000

One year after the pandemic hit many small and medium-sized businesses hard, a new global survey shows 80 percent of these companies consider the ability to automate tasks and processes key to surviving the COVID-19 pandemic. 85 percent were more reliant than ever before on communication technologies, remote IT support, and security hardware and software.

The Xerox State and Fate of Small and Medium Business survey conducted by Morning Consult polled 1,200 business decision makers from companies with 25 to 1,000 employees in the U.K. U.S and Canada.

Other key findings included:

82 percent say digitising paperwork is important to their survival.
75 percent are more reliant on workflow technologies, compared with their pre-pandemic setups.
88 percent view security software and hardware that protects business information as core to their longevity, with 75 percent likely to upgrade current solutions this year.
65 percent said remote IT support was a substantial pain point – and 74 percent are likely to invest in better solutions this year.

Survey respondents were optimistic: 64 percent anticipate emerging from the pandemic stronger. 81 percent acknowledge the health crisis has made them more reliant on technology – and they clearly see that reliance continuing in order to support and secure a distributed workforce. Compared to last year, 75 percent have increased their technology budgets by an average of 34 percent.

“Small and medium businesses are the foundation of the economy and are critical for sustained economic growth,” said Joanne Collins Smee, Chief Commercial, SMB and Channels Officer at Xerox. “They need technologies designed specifically for them with local service and support from experts who understand their unique business needs.”

Xerox has a suite of solutions targeted at SMBs that address key technology requirements for collaboration, communication, remote IT support, security, and automation.

These include:

Xerox Content Hub is a secure creative platform for distributed employees to independently access professional document templates, customise, and print locally or use digitally.
IT Services can manage, maintain and support a hybrid IT infrastructure, ensuring that security solutions map to SMBs’ identified business risks.
Robotic process automation (RPA) deploys a bot workforce that increases productivity across key business processes such as customer billing, financial close, and accounts payable.

The State and Fate of Small and Medium Business white paper is available for download here.

For more on Xerox small and medium business partnership and technologies, visit: https://www.xerox.co.uk/en-gb/small-business.

About Xerox Holdings Corporation
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power today’s workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients — no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at xerox.com.

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Xerox and State of Victoria (AU) Announce Joint Venture to Solve the Global Problem of Aging Infrastructure

Mon, 10 May 2021 13:00:00 +0000

Xerox and the Victorian Government announced today they have partnered to launch Eloque, a joint venture to commercialize new technology that will remotely monitor the structural health of bridges.

The Eloque solution is an Industrial Internet of Things (IIoT) technology, using tiny fiber optic sensors attached to the bridge to accurately measure and estimate structural strain, thermal response, bending, loads, vibration, and corrosion, which are all measures of structural health. Advanced analytics are then used to evaluate the sensors’ data and deliver insights directly to the bridge owners and operators in real time, to monitor whether a bridge is being over or underutilized, has structural problems or damage that needs repair.

According to the American Society of Civil Engineers 2021 Report Card for America’s Infrastructure, in the United States alone, 42 percent of all bridges are at least 50 years old, and nearly 231,000 bridges need repair and preservation work. This problem extends across the globe. An estimated 70 percent of Australia’s bridges are more than 50 years old, around 11,000 of Germany's 25,000 rail bridges are over 100 years old, and seven percent of bridges in France are already at risk of collapse.

“Aging and deteriorating public infrastructure is a global problem. We are pioneering technology that maintains the safety of bridges, extends their useful life and positively impacts planning,” said Xerox Vice Chairman and CEO John Visentin. “Our partnership with the Victorian Government not only allows us to solve this problem for Victoria, but also rapidly expand to customers around the world facing these challenges.”

The technology was developed at Xerox’s Palo Alto Research Center (PARC) and trialed through a partnership between Xerox and VicTrack, the Victorian Government state-owned enterprise that owns all railway and tram lines in the state. PARC’s solution uses sensors and advanced analytics to monitor structural health in bridges to optimize asset life.

“This will help to detect problems earlier, reduce delays caused by road closures for manual inspections and repairs, and help to find problems more quickly and accurately in the case of bridge strikes or other unexpected events,” said Victorian Minister for Transport Infrastructure Jacinta Allan.

The Victorian Government committed $50 million to introduce the Eloque technology on priority bridges across Victoria, Australia.

This technology enables early detection and prediction of problems, allowing issues to be found before they potentially become more costly to repair and helps customers efficiently manage maintenance budgets.

“The technology has already been deployed on 7 bridges in Victoria and will be progressively deployed on priority bridges, particularly those that regularly deal with heavy loads and are at the most risk of deterioration. This is solving a major pain point for customers and allowing them to better manage their assets,” said VicTrack Chief Executive Campbell A. Rose AM, who has taken the role of CEO of Eloque to support the company through its early establishment.

“While our initial focus will be rail and road bridges, Eloque’s technology is versatile and we plan to adapt it for use on other critical structures in the future,” said Ersin Uzun, general manager of IoT for Xerox and Board Member of Eloque. “We are already looking to expand the technology to tunnels, ports, multi-story parking garages and other critical infrastructure assets.”

Xerox is the majority owner of Eloque, and this is part of its strategy for broad entry into the IoT market with new industrial offerings. Last year Xerox also announced that PARC is working with the United States’ Defense Advanced Research Projects Agency (DARPA) for the development of a technology that can enable large scale monitoring of seas under the Ocean of Things program.

About Xerox Holdings Corporation (NYSE: XRX)
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to power today’s workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients — no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at xerox.com.

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Fujifilm Announces Change of Chairman and President

Wed, 31 Mar 2021 03:30:00 +0000

FUJIFILM Holdings establishes new organizations for Healthcare, Imaging, and Graphic fields

Wed, 31 Mar 2021 02:00:00 +0000

FUJIFILM Healthcare starts to operate as Fujifilm Group company

Wed, 31 Mar 2021 02:00:00 +0000

Fujifilm launches “FUJIFILM COVID-19 Ag Test”, a SARS-CoV-2 antigen rapid diagnostic test with a highly-sensitive detection technology based on silver halide amplification, in Europe

Tue, 30 Mar 2021 02:00:00 +0000

FUJIFILM Holdings and TradeWaltz start trial use of the Trade information sharing platform “TradeWaltz® ”

Tue, 30 Mar 2021 02:00:00 +0000

FUJIFILM Wako Pure Chemical launches mutation detection kits for SARS-CoV-2 “N501Y” and “E484K”

Mon, 29 Mar 2021 04:00:00 +0000

Regarding FUJIFILM X-H1 used with XF70-300mmF4-5.6 R LM OIS WR

Thu, 25 Mar 2021 06:00:00 +0000

Fujifilm Selects North Carolina as the Location to Build the Largest Cell Culture Biopharmaceutical CDMO Facility in North America

Fri, 19 Mar 2021 01:00:00 +0000

Fujifilm Announces New Investment in Inkjet Pigment Dispersion Manufacturing Plant

Thu, 18 Mar 2021 04:00:00 +0000

Fujifilm invests in a biotech venture, Cuorips

Tue, 16 Mar 2021 06:00:00 +0000

Xerox to Expand Board

Thu, 04 Mar 2021 16:38:00 +0000

Xerox Holdings Corporation (NYSE: XRX), a global workplace technology company, announced the addition of Nichelle Maynard-Elliott and Margarita Paláu-Hernández to the slate of nominees to be elected to its board of directors at its annual shareholders meeting on May 20, 2021. The additions will bring the total number of directors to nine.

“Xerox strives to mirror the markets we serve and that extends to our business leaders and board of directors,” said Xerox Vice Chairman and CEO John Visentin. “Nichelle’s experience evaluating and negotiating complex transactions as a principal and Margarita’s experience starting, scaling and investing in new businesses will support Xerox’s growth strategy. We look forward to benefitting from the knowledge and insights they’ll bring to our company.”

Maynard-Elliott spent more than 25 years as a corporate dealmaker, sourcing, structuring and executing acquisitions, joint ventures and strategic partnerships, most recently for Praxair, Inc., one of the world’s largest industrial gas companies, where she helped lead the company to its $90 billion merger with Linde PLC in 2019. She also serves on the board of directors of Element Solutions, a global diversified specialty chemicals company.

“Xerox is a global brand best known for inventions that change how people work,” said Maynard-Elliott. “Having gotten to know the Xerox team over the last year, I am excited to join the board and contribute to its mission of creating value for all Xerox stakeholders.”

Margarita Paláu-Hernández is a pioneer in several fields including Spanish media, business and real estate, having founded and managed multiple domestic and international companies. From 2018 to 2019, Paláu-Hernández served as U.S. Representative to the United Nations General Assembly, with the personal rank of Ambassador. She also serves on the board of directors of each of Herbalife Nutrition, a global nutrition company, Conduent Incorporated, a global technology-led business processing services company, and Occidental Petroleum, a global oil and gas exploration and production company.

“Xerox and its leaders are taking bold steps to redefine this important company and how it serves global customers,” said Paláu-Hernández. “I am delighted to have the opportunity to utilize my experience to help accelerate Xerox’s transformation.”

Xerox also announced that, pursuant to its Nomination and Standstill Agreement with Carl C. Icahn and certain of his affiliates, James L. Nelson, chief executive officer of Global Net Lease, Inc., and Steven D. Miller, portfolio manager of Icahn Capital LP, will replace Jonathan Christodoro and Nicholas Graziano, respectively, on the slate of nominees to be elected to its board of directors at its annual shareholders meeting on May 20, 2021.

About Xerox
Xerox Holdings Corporation makes every day work better. We are a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, Ethernet, the laser printer or more, Xerox has long defined the modern work experience. Learn how that innovation continues at xerox.com.

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FUJIFILM Holdings selected as a “Health & Productivity Stock” for the first time

Thu, 04 Mar 2021 06:00:00 +0000

Fujifilm launches “FUJIFILM PROJECTOR Z8000”

Thu, 04 Mar 2021 04:00:00 +0000

Notice Concerning the Completion Timing for the Acquisition of Hitachi's Diagnostic Imaging-related Business

Thu, 18 Feb 2021 06:00:00 +0000

Xerox Signs First OEM Partner of Global Payment Solutions Business

Wed, 17 Feb 2021 16:38:00 +0000

Xerox Holdings Corporation (NYSE: XRX) signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs, will provide financing for selected Lexmark Managed Print Services (MPS) engagements.

“Lexmark selected XFS as a financing partner based on their experience in imaging products and services,” said Brock Saladin, senior vice president and chief commercial officer for Lexmark. “We look forward to working with XFS to provide additional financing options for this important part of our business.”

XFS expands on a decades-long record of financing Xerox equipment and services to become a one-stop shop for financing critical workplace needs including software, hardware, IT services and other assets sold by both Xerox and third-party companies. XFS also will continue to support Xerox Business Solutions (XBS) companies, as well as external multi-brand dealers.

In addition to offering simplified billing and bundled offerings, XFS will use robotic process automation to power near-instant loan processing, creating a seamless customer experience.

“Businesses are reimagining their workplaces to maximize productivity, flexibility and collaboration for a post-COVID world,” said Nicole Torraco, senior vice president, Xerox Financial Services. “XFS makes leasing and financing easier by bringing the stability and trustworthiness of Xerox plus fintech-like speed, simplicity, and automation to the process.”

Torraco will lead the business after serving as Xerox’s Chief Strategy and M&A Officer. Prior to joining Xerox in 2018, she spent over a decade in the hedge fund industry.

About Xerox
Xerox Holdings Corporation makes every day work better. We are a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, the Ethernet, the laser printer or more, Xerox has long defined the modern work experience. Learn how that innovation continues at xerox.com.

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Fujifilm Kyowa Kirin Biologics and Mylan EPD Announce Launch of “Adalimumab (Genetical Recombination) [Adalimumab Biosimilar 1]” in Japan

Mon, 15 Feb 2021 02:00:00 +0000

Xerox Appoints Jacques-Edouard Gueden EVP and President, EMEA Operations

Thu, 04 Feb 2021 13:41:00 +0000

NORWALK, Conn., Feb. 4, 2021 — Xerox, a global workplace technology company, announced Jacques-Edouard Gueden as executive vice president and president of Europe, Middle East & Africa (EMEA) Operations, a role he has filled on an interim basis since the end of September. He reports to John Visentin, Xerox vice chairman and CEO.

“Jacques-Edouard will be responsible for Xerox’s go-to-market teams across EMEA to bring Xerox’s full portfolio of products, services and software to new and existing clients and partners,” said Visentin. “His deep knowledge of what clients need and long-term relationships across the region position him well to drive performance and growth.”

Gueden, a 32-year company veteran, has served in various leadership positions of increasing responsibility in sales and marketing during his career. Most recently, he served as president of France, Belgium and Luxembourg. Before that, Gueden served as senior vice president of EMEA Business Operations and Marketing.

“As we expand our portfolio and capabilities, our focus in EMEA will be to increase awareness and revenue for Xerox’s existing and new technologies including software, financing and innovations such as 3-D metals and industrial Internet of Things,” said Gueden. “I look forward to leading the team to deliver strong results for Xerox clients and partners.”

About Xerox

Xerox makes every day work better. We are a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, the Ethernet, the laser printer or more, Xerox has long defined the modern work experience. Learn how that innovation continues at xerox.co.uk.

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Xerox^® is a trademark of Xerox in the United States and/or other countries.

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Xerox Announces Organisation Changes to Support Plans for New Businesses

Tue, 02 Feb 2021 10:57:00 +0000

NORWALK, Conn., Feb. 1, 2021 — Xerox, a global workplace technology company, announced organisational changes to support plans to create three new businesses – Software, Financing and Innovation – aimed at delivering long-term growth in 2021 and beyond.

“We are focused on increasing the breadth of our offerings to better reach new and existing clients and drive organic growth,” said Xerox Vice Chairman and CEO John Visentin. “Our plan to stand up three separate businesses by 2022 will provide greater focus, flexibility, and visibility as we position Xerox for the future.”

Nicole Torraco has been promoted to senior vice president, Xerox Financial Services (XFS), to lead Xerox’s financing business, reporting directly to Visentin. XFS will become a global payment solutions business, aimed at expanding its customer base, creating potential cross-selling opportunities, and helping to support small and medium-sized businesses. Torraco previously served as chief strategy and M&A officer.

Sam Waicberg will lead the Software business as vice president and general manager of Digital Services, reporting to President and Chief Operations Officer Steve Bandrowczak. Sam joined Xerox with the recent acquisition of CareAR, an augmented reality support platform company, where he was co-founder and CEO. The new Software business includes CareAR as well as DocuShare^®, a cloud-based content management system; XMPie, a multi-channel marketing software company; and FreeFlow^®, automation software for production print. The business will bring together Xerox’s expanding capabilities to better support clients’ digital needs.

Naresh Shanker, senior vice president and chief technology officer, will lead the PARC Innovation business. Xerox has made progress advancing new technology in recent years with products including 3D liquid metal and industrial IoT products, cleantech technology, signing clients and generating strong commercial interest. PARC will include the scientists and engineers located in Palo Alto, Calif.; Webster, N.Y.; Cary, N.C., and Toronto to create an innovation business that drives the commercialisation of Xerox’s developing disruptive technology.

Executive Vice President Louie Pastor has been appointed chief corporate development officer and chief legal officer. In addition to overseeing Xerox’s legal organisation, Pastor will lead a new Corporate Development group responsible for sourcing, evaluating, and executing M&A opportunities and venture investments, including the company’s recently announced $250 million corporate venture capital fund.

About Xerox

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Xerox^®, DocuShare^® and FreeFlow^® are trademarks of Xerox in the United States and/or other countries.

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Transfer of Shares in Japan Tissue Engineering Co., Ltd. to TEIJIN LIMITED

Fri, 29 Jan 2021 08:00:00 +0000

Xerox Expands Software Portfolio with Acquisition of CareAR

Thu, 28 Jan 2021 14:18:00 +0000

NORWALK, Conn., Jan. 28, 2021 - Xerox has expanded its growing software portfolio with the acquisition of CareAR, an augmented reality support platform company that provides real-time access to expertise for customers, employees, and field workers.

With CareAR™ software, remote agents and experts can virtually see the situation and visually guide a solution using a suite of augmented reality tools via desktop, mobile, and smart glass devices, as if they were in-person.

Today, one-third of field service on-site calls require remote expert assistance to resolve issues but cannot effectively communicate the context of the situation. This causes delays, creating negative customer perception while risking loyalty and retention. Equipment downtime can be costly, running organisations between $300,000 and $5 million per hour, depending on the company’s size.¹

“Our software solutions address some of the biggest needs for customers – content management, digital transformation and personalised communications. And now we’ve added enterprise augmented reality,” said Steve Bandrowczak, president and chief operations officer, Xerox. “By combining DocuShare^®, XMPie and CareAR, we have a Software business that can together and apart support a wide range of clients’ needs.”

This expanded Software business will be led by Sam Waicberg, vice president and general manager of Digital Services for Xerox and former CareAR Co-founder and CEO prior to acquisition.

CareAR’s platform seamlessly integrates with workflow leader ServiceNow, ensuring an end-to-end approach to work orders, cases and incidents for full visibility and better troubleshooting.

“CareAR’s augmented reality software, which is integrated and certified with ServiceNow, helps customers remotely view and solve service issues,” says Michael Ramsey, vice president of Customer Workflow Product Management at ServiceNow. “Xerox’s acquisition of this technology can help drive further opportunities to modernise field service, customer support and IT services leveraging the power of the Now Platform and CareAR.”

Today, ServiceNow is collaborating with Deloitte to integrate the CareAR platform for ServiceNow^® into the operations service systems and support workflows for joint clients.

“Xerox’s CareAR augmented reality platform provides us an ability to extend our market leading, industry-focused ServiceNow offerings,” said Asish Ramchandran, principal, Deloitte Consulting LLP. “CareAR represents the next mile in the digital transformation journey of organisations, and together we have the ability to deliver next generation solutions that drive greater outcomes and value for our collective clients.”

CareAR is the latest addition to a series of solutions Xerox has launched to provide digital transformation tools to customers. These include automation and centralisation solutions like DocuShare, a content management platform providing robust tools to automate processes and support cloud-enabled digital transformation; and XMPie, a flexible technology that allows customisation and personalisation of assets across customer touchpoints, both online and offline, for full marketing campaign integration.

About Xerox

¹FieldPoint: The Numbers Behind First-Time Fix Rates You Should Know About

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Media Contact:

Sonia Pancha, Xerox, sonia.panchal@xerox.com.

Note: To receive RSS news feeds, visit https://www.news.xerox.com. For open commentary, industry perspectives and views, visit

http://www.linkedin.com/company/xerox, http://twitter.com/xerox,

http://www.facebook.com/XeroxCorp, https://www.instagram.com/xerox/,

http://www.youtube.com/XeroxCorp.

Xerox^® and DocuShare^® are trademarks of Xerox in the United States and/or other countries.

CareAR™ is a trademark of CareAR, Inc. in the United States and/or other countries.

ServiceNow^®, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc., in the United States and/or other countries.

Please see www.deloitte.com/us/about for a detailed description of their legal structure.

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