Management & Operations

Xerox names business process outsourcing co., Conduent

Posted on June 16, 2016

Image: Xerox/Facebook
Image: Xerox/Facebook

Xerox announced the names of the new companies that will be created following the completion of its separation into two publicly traded companies. The business process outsourcing company will be named Conduent Inc. and the document technology company will continue to be called Xerox Corp.

The name Conduent is inspired by the new company’s expertise in connecting clients and their constituents through seamless transactions at massive scale in areas such as customer care, transportation solutions, and healthcare payer and provider services. Conduent reflects the company’s position as a partner to businesses and governments, delivering experiences that drive satisfaction and retention among consumers, patients, commuters and employees.

With approximately $7 billion in 2015 revenue and 96,000 employees worldwide, Conduent will be a Fortune 500-scale business process services company, with expertise in transaction-intensive processing, analytics and automation. Conduent’s differentiated offerings touch millions of lives, including two-thirds of all insured patients in the U.S. and more than one-half of all mobile phone subscribers in the U.S. It will have the second-largest market share in the business process outsourcing industry.

The company also announced that the Document Technology company will retain the Xerox brand name.

View comments or post a comment on this story. (0 Comments)

More News

LA Metro's Wiggins named CEO of Metrolink

Wiggins replaces Art Leahy who announced his retirement on Oct. 12 after 48 years in transportation.

First Transit's Dunning retires after 38-year career

He began his career with First Transit in 1980 as a GM in Laredo, Texas.

Alstom, Siemens submit remedy package to European Commission

The package represents their proposal to address the Commission’s concerns while preserving the industrial and economic value of the deal.

Tolar Manufacturing installs new Memphis Transit bus shelters

The winning public art design by Cameron McLemore embraces the musical and performing arts legacy of the Soulsville neighborhood.

Public transit sees increase in liability claim severity, study says

Study participants rank third-party liability as top risk facing the transit industry.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation