Above: Xerox executives respond to questions from financial analysts about the company’s current and future financial performance as well as its latest initiatives.
Above: During his opening remarks at Xerox Investor Day 2022, John Visentin, vice chairman and CEO of Xerox, reported that Xerox delivered positive cashflow in every quarter during the past two years. He added that the company expects to grow free cashflow over the next three years.
Above: Steve Bandrowczak, president & COO of Xerox, discussed the latest developments around Project OWN IT, which has been driving operational efficiencies to the tune of $1.8 billion since 2018. He predicted another $300 million in savings
this year.
Above: After acquiring the CareAR visual augmented reality service platform in 2021, Bandrowczak shared details about Xerox’s new CareAR division and how this technology will be a game changer for those responsible for servicing Xerox technology.
Above: Joanne Collins Smee, EVP, chief commercial, SMB and channels officer, outlined Xerox’s plans to increase its focus on the SMB market with its IT and security services.
Above: Xerox Chief Technology Officer Naresh Shanker, presented an overview of what’s taking place at PARC (Palo Alto
Research Center). Perhaps the biggest revelation is that new products will reach the market through startup companies
funded by Xerox or via joint ventures.
Above: Shanker outlined Xerox’s commitment to 3D printing aka additive manufacturing. One of Xerox’s high-profile products in this segment is the ElemX liquid metal printer, which uses aluminum wire to produce production-grade parts at a speedy 400 drops per second.
Above: Tracey Koziol, SVP global offerings officer, identified key areas of growth in the print space and beyond as embellishment, cut-sheet inkjet, software (FreeFlow products from pre-press to analytics), and new workplace kiosks that can be accessed with a mobile phone for payments. Koziol also provided an update on Xerox’s Workflow Central platform that allows customers to take advantage of applications through mobile phone, tablet, or an MFP so they can access them wherever they are.
