Conduent splits from Xerox to concentrate on service
First publishedin ITS World Congress
For a sneak preview of the future, World Congress visitors should make their way to the Xerox stand where they can see the new name for the services-orientated part of the business: Conduent.
Effective 1 January, Xerox will split into two separate legal entities and the transport-related businesses, along with those from payment and customer services and healthcare will be rebranded as Conduent.
The new company will have 93,000 employees globally and revenues of US$7bn per year including that from the tolling, public transport, public safety and parking businesses.
According to senior vice president Pat Elizondo (pictured), customers will receive the same level of service from the new business and benefit from increased corporate agility allowing faster response to their needs.
Helping ensure Conduent’s long term future are two research and development centres (New York in America and Bangalore in India) which will remain with the new grouping.
Also on the stand visitors can collect a Q-code link to a new Global Transportation Study covering 23 cities which will be released on 3 January 2017 under the Conduent brand.