Xerox Corporation is an American corporation that sells print and digital document products and services in more than 160 countries. Here's a detailed overview:
History
- Founded: 1906 as Haloid Company by Joseph C. Wilson.
- Name Change: The company changed its name to Xerox Corporation in 1961 after the introduction of the xerographic process, which they commercialized.
- Development of Xerography: Xerography, or dry copying, was invented by Chester Carlson in 1938, but it was not until 1959 that Xerox introduced the first commercially available plain paper copier, the Xerox 914.
- Expansion: The company expanded rapidly in the 1960s and 1970s, becoming synonymous with photocopying, to the point where "Xerox" became a verb for copying documents.
- Research and Innovation: Xerox established Xerox PARC (Palo Alto Research Center) in 1970, which became renowned for its contributions to information technology, including the development of the GUI (Graphical User Interface), Ethernet, and the first personal workstation.
Key Products and Services
- Office Printers and Copiers: Xerox continues to produce high-end printers, multifunction systems, and digital printing equipment.
- Managed Print Services: Offering solutions to manage, optimize, and secure document workflow.
- Workflow Automation: Software solutions to automate business processes.
- Business Process Outsourcing: Services that include document management, customer care, and HR outsourcing.
Corporate Evolution
- Strategic Shifts: Over the years, Xerox has adapted to digital transformation, focusing on document management, digital printing, and IT services.
- Recent Developments: In 2016, Xerox announced it would split into two companies: Xerox Business Services (now known as Conduent) and the document technology company that retained the Xerox name.
Corporate Social Responsibility
- Xerox has been involved in various CSR initiatives, focusing on sustainability, community engagement, and ethical business practices.
External Links for Further Reading
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