Xerox was founded in 1906 in Rochester, New York and is now headquartered in Norwalk, Connecticut. It invented the first plain paper office copier and was dominant in the document technology industry for decades but failed to adapt to digitalization. Under new CEO Ursula Burns, Xerox is focused on innovation and a portfolio of document and workflow software and services.
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Xerox corporation
1.
2. • Type Public
• Industry document services,
digital imaging and
computer peripherals
• Founded Rochester, U.S 1906
• Headquarters Norwalk, Connecticut ,U.S
• CEO (present) Ursula M. Burns
• Website www.xerox.com
3. Xerox was founded in 1906 in Rochester in United States of America
by a person named Haloid Xerox
Xerox introduced the first plain paper office copier nearly 50 years
ago
Xerox became almost generic for copying
In 1998 Xerox profits were growing at 20 percent a year and its stock
price was soaring
Then things went wrong for xerox.Only in 18 months Xerox lost some
38 billion US dollars in market value
In the middle of 2001 stock price had plugged from $70 in 1999 to
under $5
The world was quickly going digital but Xerox hadn't kept up.
customers no longer relied on the company that results in Xerox
failure
4. Poor management
In the new digital environment Xerox hadn’t kept up
Customer no longer relied on the company’s flagship products
Instead of competing head on with copying machines competitors
such as Sharp, Canon, Ricoh, Xerox was now squaring off against
information technology companies such as IBM and HP.
During the 1980s, Xerox tried to reposition itself as a provider of all
technology-based office products. At the start of the decade, the
company launched a personal computer, or an ‘information
processor’. Again, there was nothing fundamentally wrong with the
product, at least for the time. But again, the product failed. Similar
failures occurred when Xerox tried to launch office networks such as
the XTEN network and the Ethernet office network, which were
designed to compete with IBM’s Satellite Business network. Both the
Xerox networks failed to make an impression.
5. Xerox didn’t give up
It tried to tackle the problem head on.
A board portfolio of customer fused products software's and
services that help its customers manage documents and
information
100 innovative new products in last 3 years
Xerox creates a researchers groups who deals with customers
and pain points
Xerox employed anthropologists ,ethnographers ,sociologists
,psychologists to spend time with customers, understand their
problems
Xerox believes that understanding customer is as important as
understanding technology
6. Xerox today manufactures and sells a wide variety of
office and production equipment including
LCD Monitors
photo copiers
Xerox Phaser printers
multifunction printers
large-volume digital printers
workflow software under the brand strategy of FreeFlow
Xerox also sells scanners and digital presses
Xerox also produces fax machines, professional
printers, black and white copiers
markets software such as Xerox DocuShare, Xerox
MarketPort and FlowPort
7. Xerox is a global brand it maintains a joint venture.
Fuji Xerox, with Japanese photographic firm Fuji Photo Film
Co. to develop, produce and sell in the Asia-Pacific region.
Fuji Photo Film Co. is currently the majority stakeholder, with
75% of the shareholding.
Xerox India, formerly Modi Xerox, is Xerox's Indian subsidiary
derived from a joint venture formed between Dr. Bhupendra
Kumar Modi and Rank Xerox in 1983.
Xerox now sponsors the Factory Ducati Team in the World
Superbike Championship, under the name of the "Xerox
Ducati"
8. Xerox has been a leader in document technology
and services.
Xerox continue to build on this heritage of innovation.
Through our acquisition of Affiliated Computer
Services.
The new Xerox is dedicated to innovation, service
and giving customers the freedom to focus on what
matters most: your real business.
More than 136000 employees
More than 9400 active patents
3.5% of the revenue spend on research and
development
9. 2010 Revenue: $22 billion
2010 Income: $606 million
2010 Earnings per $.43 per share
Share:
10. Xerox is once again growing and profitable
The new brand logo for Xerox
Xerox new brand logo better fits the changing digital environment
helping to complete the transformation of the company’s image
11. Xerox invented photo copying and for
decades flat out dominated the industry it
had created. But Xerox’s harrowing
experience provides a cautionary tale of
what can happen when a company even a
dominated market leader fails to adapt to its
changing marketing environment
12. George C. Seager President 1906–1912
Gilbert E. Mosher President 1912–1938
Joseph R. Wilson President 1938–1946
Joseph C. Wilson President 1946–1966
CEO 1961–1967
C. Peter McCullough CEO 1968–1982
David T. Kearns CEO 1982 – July 1990
Paul A. Allaire CEO 1990 – April,1999
G. Richard Thoman CEO 1999 – May, 2000
Paul A. Allaire CEO 2000 – July, 2001
Anne M. Mulcahy CEO 2001 – July, 2009
Ursula M. Burns CEO 2009 – present