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Is Printing in Xerox's Future?

Three years after introducing a new business strategy, Xerox is organized into traditional Print and Services, PARC Innovation, CareAR, and FITTLE. Yet it is the ~$200 million share of Print & Services’ ~$525 million free cash flow that funds Xerox’s new businesses. What does this mean for the future of printing at Xerox? Contributor Pete Basiliere reports from Xerox’s recent analyst event.

Tuesday, March 08, 2022

I attended Xerox’s recent industry and financial analyst event, providing a strategic overview, long-term financial outlook, and how innovation is helping unlock the value of Xerox. Vice-Chairman and CEO John Visentin and his senior management team discussed Xerox’s current performance and plans for the next three years.

But first, looking back, “We delivered positive free cash flow in every quarter...That’s because of our maniacal focus,” noted Mr. Visentin. “As importantly, we continued to invest in our future.” As a result of its focus on free cash flow, Xerox streamlined its operations and cut costs by ~$1.8 billion since 2018 and has targeted another $300 million in gross savings this year.

Figure 1. Xerox's Four Strategies


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About Pete Basiliere

Pete Basiliere provides research-based insights on 3D printing and digital-printing hardware, software and materials, best practices, go-to-market strategies and technology trends. Pete has more than four decades of engineering, operations management and thought-leadership experience in the printing industry. His expertise ranges from “2D” letterpress, offset and digital printing to 3D printing hardware, software, materials and services. https://monadnockinsights.com

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